E-Bulletin – Page 28

March 11, 2017

The SCO Free Trade Area Project: Problems and Prospects

Currently, the regional economic integration has become one of the main conspicuous issues in the global economy. In the recent years, the number of the free trade regime agreements signed between developing countries with transition economies and developed countries has rapidly increased. To date, the number of various agreements on […]

February 28, 2017

Recent Changes in the Non-Oil Sector of the Economy of Kazakhstan

Last year was marked by significant changes in the economic structure of Kazakhstan. As a result of low oil prices, the crude oil export revenues reduced to $22.3 billion, which is even lower than in 2015 when it was $31.1 billion and three times lower than in 2011 when it […]

February 21, 2017

The Results of the Presidential Election in Turkmenistan and Strategic Priorities

On February 12, 2017, the fifth presidential election was held in Turkmenistan. According to the Central Election Commission of Turkmenistan, the turnout in the election was 97.27% or 3,140,865 of registered voters. Gurbanguly Berdimuhamedov was reelected as the President for the third time with 97.69% (3,068,311) of votes. The presidential […]

February 15, 2017

Foreign Direct Investment Flows to Iran in the Post Sanctions Period

Iran and P5+1 countries (China, France, Germany, Russia, the United Kingdom, and the United States), after 2 years of negotiations on the Iranian nuclear program signed the Joint Comprehensive Plan of Action (JCPOA) on July 14, 2015. Under the agreement, Iran agreed to significantly reduce its stockpile of enriched uranium […]

February 8, 2017

Tajikistan and Uzbekistan: Signs of Political and Economic Rapprochement

During the Soviet Union, Dushanbe and Tashkent used to have the tightest economic cooperation within the Central Asian region. When the Soviet Union collapsed, the Central Asian republics immediately felt its effect in terms of the economic recession, infrastructural disintegration and political tensions. After the civil war in Tajikistan in […]

February 1, 2017

Aiming to Transform Knowledge into Strategy in Eurasia: The Eurasian Research Institute

The Eurasian region gained special importance after the collapse of the Union of Soviet Socialist Republics. The region attracts the attention of the great powers with its socio-economic, cultural, political and security aspects and the energy resources it possesses. Nowadays, particularly the struggle between the West (mainly the U.S.) and […]

January 25, 2017

The Effects of Fluctuations in the World Oil Market on Bank Lending in the Economy of Kazakhstan

Over the last two decades, the banking sector has expanded significantly in the economy of Kazakhstan. The highest development in the banking sector took place in the period between 2000 and 2008 (until 2008 world economic crisis). At that period, growing oil prices and cheap funding in external financial markets […]

January 18, 2017

Analysis of the Preservation of Historical and Cultural Heritage in Uzbekistan

Since independence in 1991, Uzbekistan has declared the protection and preservation of the historical and cultural heritage as a fundamental principle of its public policy. In order to secure its rich ancient history, Uzbekistan pursues a policy of protecting its cultural and historical heritage, which is reflected in the Constitution […]

January 11, 2017

The Khorgos Free Economic Zone and its Economic Potential

Since officially launched in April 14, 2012, the Khorgos Free Economic Zone (FEZ), which is officialily called the International Centre of Boundary Cooperation between Kazakhstan and China, has made a significant contribution to further increasing the economic and commercial relations between all Eurasian countries, including bilateral economic and commercial relations […]

January 4, 2017

Trans-Caspian Pipelines Routes: Problems and Prospects

In the face of deepening contradictions in energy relations between Russia and the European Union (EU), the Caspian region came into the focus of the international community’s attention. The hydrocarbon-rich countries of the region, in particular, Azerbaijan, Kazakhstan and Turkmenistan, are considered by the EU as vital energy partners, which […]