E-Bulletin – Page 34

December 9, 2015

The Current Situation of the Foreign Direct Investments in the Economy of Uzbekistan

The foreign direct investments (FDI) have become a key source of growth in many transitional economies. Therefore, attracting the FDI into the national economy has become one of the objectives of the investment policy of Uzbekistan. Legal framework and regulation of attracting foreign investments in the Republic of Uzbekistan is […]

December 8, 2015

Shifting to Inflation Targeting Strategy in Kazakhstan’s Economy

Theoretically, inflation targeting (IT) is a monetary policy strategy which is characterized by public announcement of official quantitative targets for the inflation rate over one or more time horizons and by explicit acknowledgement that low and stable inflation is the primary long-run goal of monetary policy. All IT strategies implemented […]

December 1, 2015

The Geo-economic Importance of the Khorgos Gateway: Current Developments

China is one of the major trade partners of Kazakhstan, actually, it’s the second trade partner after Russia. In order to strengthen the economic relations and to increase the effectiveness of cargo transportation from China to Europe through Kazakhstan, both sides initiated the Khorgos project. The Khorgos International Centre of […]

November 24, 2015

Gas Sector Development Policy Priorities of the Republic of Uzbekistan

Natural gas is the priority area in the development of the energy sector in Uzbekistan. Uzbekistan is the major gas producing country and it has the largest gas processing capacity in the region. Uzbekistan has been and remains a key supplier of gas within Central Asia and is highly interested […]

November 17, 2015

Evaluation of the Parliamentary Elections in Azerbaijan, November 1, 2015

During the 5th parliamentary elections held on November 1, 2015, Azerbaijan determined the deputies for the National Assembly. According to the preliminary results of the Central Election Committee of Azerbaijan, the voter turnout was 55.7% (2.89 million) and the New Azerbaijan Party won the elections with 74% of total votes. […]

November 10, 2015

Recent Developments in the External Debt of the Economy of Kazakhstan

In recent years, the economy of Kazakhstan was affected by two major external factors, such as changes in the trade regime associated with the accession to the Eurasian Economic Union (EAEU) and decrease in oil prices. These factors have influenced many aspects of the economy of Kazakhstan. While evaluating the […]

November 3, 2015

Oil Sector of Kazakhstan: Construction of the Fourth Oil Refinery

Presently, Kazakhstan exploits three oil refineries that were constructed during the USSR period: in the Pavlodar, Atyrau and South Kazakhstan regions. The first operating oil refinery plant was constructed in Atyrau in 1945, at the end of the World War II. The plant processed more than 4,920,005 tons of oil […]

October 28, 2015

Overview of the Gold Mining Industry of Kyrgyzstan

As most of the other Central Asian countries, Kyrgyzstan is an energyrich country with a wide range of minerals. However, the main mineral mined in the country is gold, which has made the gold mining industry one of the pillars of the Kyrgyzstan’s economy. The major gold mine in the […]

October 14, 2015

Development of the Trans-Caspian International Transport Route

Nowadays, maritime routes dominate the intercontinental freight traffic between Asia and Europe. However, due to the fact that the volume of foreign trade between major markets in Eurasia is expected to increase by 1.5 times, from $800 billion in 2014 to $1.2 trillion by 2020, the Eurasian countries located away […]

October 6, 2015

Results Of SCO And BRICS Summits In Ufa

The Shanghai Cooperation Organization (SCO) and the BRICS Summits were held on July 8-10, 2015 in the capital city of Bashkortostan, Ufa. The Summits location was chosen due to the fact that Russia is carrying responsibilities of the term president in both organizations, namely, Russia’s presidency in the BRICS started […]