KAZAKHSTAN

Kazakhstan congratulates Azerbaijan on its chairmanship in COP29

By
Ali Gasimov

Kazakhstan's Ambassador to Azerbaijan Alim Bayel has congratulated Azerbaijan's Minister of Ecology and Natural Resources Mukhtar Babayev on the country's chairmanship of this year's 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29), Trend reports, referring to Kazakhstan's embassy in Azerbaijan.

The EU, through its structures, will allocate 10 billion euros for the development of TITR

By
Lada Evgrashina

The EU, through its structures, will allocate 10 billion euros for the development of the Trans-Caspian International Transport Route (TITR), European Commissioner for Trade Valdis Dombrovskis said on January 29 in Brussels at the Global Gateway global investment forum.

Trend reported this on Monday with reference to Dombrovskis’s page on social networks.

Kazakhstan, TRACECA discuss the development of ferry services on Caspian, Black Seas

By
Madina Usmanova

Vice Minister of Transport of Kazakhstan Satzhan Ablaliyev and Secretary General of the Permanent Secretariat of the Intergovernmental Commission TRACECA Aset Asavbayev have discussed the development of ferry services on the Caspian and Black Seas, Trend reports.

The parties also exchanged views on transportation issues in the field of road transport, including the problem of traffic congestion at the Sarpi and Red Bridge (Georgia) checkpoints.

KazTransOil boost oil transit from Aktau port to Baku

By
Kazakhstan Today

The volume of transportation of Kazakh oil for export from the port of Aktau amounted to 3.376 million tons from January through 2023, which is 1.108 million tons more than the same period in 2022, stated KazTransOil JSC - the oil pipeline company of the Republic of Kazakhstan that provides services for transporting oil to the domestic market, for transit purposes, and for export.

Fresh look at Kazakhstan’s pushes to develop Middle Corridor in 2023

By
Madina Usmanova

Kazakhstan is working to develop its section of the Trans-Caspian International Transport Route (TITR, or Middle Corridor), Trend reports.

According to official figures, 2.5 million tons of goods were transshipped through the seaports of Aktau and Kuryk along the TITR route in 11 months of 2023, a 107 percent increase over the previous year.

In 2023, Kazakh oil was carried along the Middle Corridor for the first time.

Azerbaijan positions one of top ten priority FDI locations in 2024

By
KAMRAN GASIMOV

Azerbaijan is heading into 2024 with a solid boost in investments, holding the seventh spot on the list of prime destinations for foreign direct investment (FDI) in the coming year, Trend reports.

According to the annual FDI Standouts Watchlist research, Azerbaijan's consistent macroeconomic indicators played a critical role in making the country one of the top alternatives for FDI on a worldwide scale.

President Kassym-Jomart Tokyev’s State of the Nation Address “Economic course of a Just Kazakhstan”

By
Kassym-Jomart Tokyev

Dear Compatriots, Distinguished Members of Parliament and Members of the Government,

In accordance with Article 59 of the Constitution of the Republic of Kazakhstan, I declare the second session of the Parliament of the VIII convocation open.

Dear Members of Parliament,

Congratulations to all of you on the opening of this next session, and I wish you success in your responsible endeavors!

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