KAZAKHSTAN

Discussions underway to possibly transport Kazakh oil through Azerbaijan

By
NARGIZ SADIKHOVA

Kazakhstan and Azerbaijan are negotiating on the possibilities of transporting oil from Kazakhstan through the territory of Azerbaijan, Deputy Chairman of the Management Board of KazMunayGas JSC Dauren Karabayev said during a briefing on August 25, Trend reports via Kazakh media.

He noted that discussions with Azerbaijan are being held at various levels, including state level and national companies level.

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

By
BLACKSEA-CASPIA

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 hold an event to increase trade on the route Central Asia - EU through the ports of the Caspian and Black Seas

By
SADRADIN AGDJAEV

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.

Kazakh company to redirect metal products to Aktau port with further shipment via TITR

By
NARGIZ SADIKHOVA

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.

MEDEF studying objectives for possible business missions to Kazakhstan, Turkmenistan

By
NARGIZ SADIKHOVA

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.

Kazakhstan failed to create diversified economy – President Tokayev

By
SERIK SABEKOV

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."

Kazakhstan’s Antimonopoly Department investigating KazMunayGas company

By
BLACKSEA-CASPIA

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.

No shootings reported in Kazakhstan’s Almaty

By
BLACKSEA-CASPIA

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

New PM appointed in Kazakhstan

By
BLACKSEA-CASPIA

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.