KAZAKHSTAN

The Middle Corridor may become more competitive compared to the Northern Corridor.

This is what Iain Rawlinson, commercial director of the company “APM Terminals Poti”, which manages the Georgian port of Poti, told “Trend”.

„Therefore, to make the Middle Corridor remain competitive when the hostilities in Ukraine end and the situation in the region normalizes, it will need its exceptional efficiency in creating transparent rail and sea transport links“, he said.

TRACECA will conduct a study tour on the possibility of increasing trade on the route "Central Asia - European Union" through the ports of the Caspian and Black Seas, the TRACECA administration announced on Thursday - May 12, 2022.

According to a source from TRACECA, the trip will last from 16 to 24 May 2022.

Kazakhstan’s Arcelor Mittal Temirtau JSC has expressed its readiness to redirect nearly 50,000 tons of metal products to the port of Aktau with their further shipment through Azerbaijan and Georgia [being part of Trans-Caspian International Transport Route, or TITR], Trend reports citing the Ministry of Industry and Infrastructural Development.

Kazakhstan will reorient cargoes located on the territory of Russia to Latvian ports, the Kazakh Ministry of Industry and Infrastructural Development reports.

The Movement of the Enterprises of France (MEDEF) is following political and economic situation in Kazakhstan and Turkmenistan to study the best calendar and the objectives that could be used for a possible business mission, Chief Operating Officer of the MEDEF Bogdan Gadenne-Feertchak told Trend.

In Gadenne-Feertchak’s words, Kazakhstan and Turkmenistan have different economic profiles and their own development models which result in different positioning of the French companies on these two markets.

The diversified economy has never been created in Kazakhstan, President of the Republic of Kazakhstan Kassym-Jomart Tokayev said during a meeting with businessmen, Trend reports with reference to Kazakh media.

"It is possible to conditionally single out two economic turning points,” President Tokayev said. "The first is the transition from the planned economy to the market economy. While experiencing major shocks and suffering losses, Kazakhstan was able to rise and adapt by carrying out hard but necessary reforms."

The representatives of the Nur-Sultan Antimonopoly Department are conducting the investigation at the office of Kazakhstan’s KazMunayGas national company, the Telegram channel of the Agency for Protection and Promotion of Competition of the Republic of Kazakhstan said, Trend reports citing Kazinform news agency.

There is no shooting reported in Kazakhstan’s Almaty city for more than a day, TASS reports on Jan. 11.

“The situation in the city is being stabilized,” the message said. “There are also many people and cars on the streets. Most of the stores have reopened. Nevertheless, the police cars are patrolling the streets”.

Source: https://en.trend.az/casia/kazakhstan/3539603.html

The Parliament of Kazakhstan unanimously approved the candidature of Alikhan Smailov as prime minister, Trend reports citing the Kazakh media on Jan. 11.

Smailov was nominated for the post of the PM by President of Kazakhstan Kassym-Jomart Tokayev.

After the dissolution of the Kazakh government on January 5, 2022, Smailov served as acting prime minister.

Previously, Smailov also served as finance minister and first deputy prime minister.

The CSTO peacekeeping mission in Kazakhstan has been successfully completed, President of Kazakhstan Kassym-Jomart Tokayev said during the parliamentary session.

According to him, the phased withdrawal of troops will begin on January 13, 2022 and will take about ten days.

We remind you that Tokayev turned to the CSTO in connection with the mass riots in the country, which reached their culmination on January 5, 2022.