• West Asia

    Iran rejects oil proposal of Hungary

    A National Iranian Oil Company (NIOC ) official, while pointing to MOL Group’s request to import light crude from Iran, said the country is not ready to deploy the oil product to the Hungarian company, Mehr News Agency reports. Executive Director for International Affairs at National Iranian Oil Company (NIOC)…

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  • West Asia

    First McDonald’s to be opened in Armenia

    A Georgian businessman may open the first ever McDonald’s restaurant in rival Armenia, Democracy and Freedom Watch cited Sputnik Armenia’s report. The news agency reports that the opening of the first of the chain’s restaurants in Armenia was decided at a meeting of managers in Orlando, U.S. “I got agreement…

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  • South Asia

    Remittances from Central Asian labor migrants sharply decrease

    According to the Central Bank of Russia, in the first quarter of 2016 money remittances from Russia to CIS countries amounted to $914 million, which is almost twice as less than in the first quarter 2015 ($1.781 billion) and 3.7-fold less than in the same period in the pre-crisis year…

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  • West Asia

    “Turkey and Russia need each other”

    Turkey and Russia need each other, Minister of Economy of Turkey Nihat Zeybekci said, TRT Haber TV channel reported June 16, Trend cited. He said that Ankara and Moscow shouldn’t sacrifice their bilateral relations. The minister added that Turkey has all that Russia needs and vice versa. Zeybekci also expressed…

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  • Central Asia

    Iran to tighten competition by producing ‘custom’ crude oil

    Iran is pursuing a new policy in the oil market by entering a fresh round of competition with countries that have less heavy crude oil production such as Saudi Arabia, Kuwait, UAE and Russia, Mehr News Agency reports. Due to an increase in production of heavy crude oil (or extra…

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  • East Asia

    Tajik-Chinese industrial zone to be established in Tajik city of Istiklol

    Construction of a large metallurgical plant to produce zinc and lead has begun in the city of Istiklol in the Sughd province in northern Tajikistan. It will be the first production facility of a new Tajik-Chinese industrial zone in the city, The Times of Central Asia reported. The Governor of…

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  • West Asia

    Turkey to appoint new envoys to Russia, France, Israel

    Ankara is making a host of new diplomatic appointments, including to UN, EU, Baghdad, Paris, Moscow, Anadolu Agency reports. Turkey is set to appoint more new ambassadors, including to Greece, Iraq, Ireland, Israel, Russia and France, Turkish diplomatic sources told Anadolu Agency on June 13. Turkey’s Permanent Representative to the…

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  • West Asia

    Turkey to build industrial city in Iran

    Head of Iran’s Chamber of Commerce Mohsen Jalalpour said that Turkey is planning to construct an industrial city in Iran, ISNA reports. “Istanbul’s Chamber of Industries will build an industrial city with 140 units in Iran,” Jalalpour told reporters on June 15, He reiterated that Turkey will invest $10 billion…

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  • East Asia

    Confucian thought as a way of life

    South Korea has character and it shows. A recent visit for the Journalists World Forum for Peace was a great opportunity to see this nation. Battling with nuclear and missile tensions, it yet marches ahead – with beauty and grace. The nation’s civilisational history dates before Christ and the maturity…

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  • South East Asia

    First train from India to Russia to cross Azerbaijan soon

    The first cargo train from India to Russia passing through the territory of Azerbaijan will be launched in late August 2016 as part of the North-South Project, Javid Gurbanov, head of the Azerbaijan Railways CJSC, told reporters in Baku June 9, Trend reports. He told that “The first freight train…

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