Latest Central Asia News
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Oil production from Azeri-Chirag-Guneshli will increase - SOCAR
The State Oil Company of Azerbaijan (SOCAR) predicts an increase in oil production from the block of Azeri-Chirag-Guneshli (ACG) field in the Azerbaijani sector of the Caspian Sea. President of SOCAR Rovnag Abdullayev told reporters that now daily oil production from ACG is 95,000 tonnes. "With such daily volume, annual oil production at ACG is approaching 33m tonnes," said ...
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Lavrov finds dynamics of Russia-Azerbaijan economic relations positive
MOSCOW, May 21 (Itar-Tass) - The dynamics of trade and economic relations between Russia and Azerbaijan is positive, Russian Foreign Minister Sergei Lavrov said after the negotiations with his Azerbaijani counterpart Elmar Mamedyarov here on ...
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Asia Markets Hong Kong Sydney stocks fall Tokyo ends up
HONG KONG (MarketWatch) -- Australian stocks declined, and Hong Kong equities snapped a three-day winning run on Tuesday, weighed by overnight losses on Wall Street and uncertainty over U.S. monetary ...
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Qatar Norway Azerbaijan to each get about $500 mln of VTB shares -CEO
LONDON | Tue May 21, 2013 4:27am EDT LONDON May 21 (Reuters) - The sovereign wealth funds of Qatar, Norway and Azerbaijan will each get about $500 million of the new shares being issued by VTB, the Russian bank's chief executive Andrei Kostin said on Tuesday. The $500 million allocation is the "kind of ticket we are thinking of" Kostin told Reuters in London. The ...
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Azerbaijan attends 32nd Turkish Day Parade - PHOTOS
On 18 May, ambassador Elin Suleymanov and Azerbaijani MP Ganira Pashayeva attended 32nd Turkish Day Parade, the greatest cultural event of the Turkish world, that took place in New York. The parade held in downtown New York brought together thousands of people including Turkic-speaking nations living in the U.S. The parade participants watched a concert in Dag Hammarskjold, one of the ...
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Governor of California congratulates people of Azerbaijan on Republic Day
The Governor of California Jerry Brown has congratulated the people of Azerbaijan and the Azerbaijani community in California on the occasion of the 95th anniversary of the Azerbaijan Democratic Republic. In his letter sent to the Consulate General of Azerbaijan in Los Angeles, Governor Brown notes that Azerbaijan has a rich history and "the Azerbaijani people in California and throughout ...
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Azerbaijan`s Minister of Health visits Hungary
Azerbaijan`s Minister of Health Ogtay Shiraliyev has visited Hungary. During the visit, Ogtay Shiraliyev had a number of meetings with Hungarian dignitaries, including Hungarian Minister of Human Resources Zoltan Balog, State Secretary of the Prime Minister`s Office and co-chair of the Hungary-Azerbaijan joint economic commission Peter Szijjarto, to discuss bilateral cooperation in the health ...
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Asia stocks fall ahead of Fed statements
The Fed is conducting its third round of massive bond purchases known as quantitative easing to help drive down interest rates and spur lending. But recently improving data on the U.S. economy has led to speculation that the Fed might consider scaling back the program or winding it down earlier than ...
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Azerbaijan`s State Budget receives AZN 46694 mln in January-March 2013
Azerbaijan`s state budget revenues in January-March, 2013, amounted to AZN 34669,4 mln, expenses - AZN 4514,8 mln. According to the State Statistical Committee, compared to last year budget revenues increased by 33.9%, while expenses rose by 58.8 % and made 1.2% of ...
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IFC approves first loan on Azerbaijans energy efficiency
IFC approves first loan to finance energy efficiency and alternative energy in Azerbaijan. The International Finance Corporation (IFC) has endorsed the first loan to finance into renewable energy and energy efficiency (RE/EE) in Azerbaijan. The IFC informs that on 17 May the Corporation`s Board of Directors endorsed a loan for Bank Respublika OJSC to finance energy efficiency and expand ...
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Romanian presidential advisor Azerbaijan NATO enjoy good relations
'Azerbaijan, NATO are enjoying good relations in different fields'. "Azerbaijan and NATO are enjoying good relations in different fields, particularly in the field of security. Azerbaijan is NATO`s partner in transportation of military equipments to Afghanistan. Azerbaijan is also enjoying cooperation with the European Union (EU), with the Eastern Partnership Program to be ...
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Sri Lankan tour operators explore Bali with eye on joint ventures
With the picturesque Bali Island in Indonesia, launching a massive tourism promotion, Sri Lankan tour operators were exploring the hitherto largely unexplored market, with a focus on joint ventures.A Business Seminar entitled "Bali Tourism Prospects Reaching Out To South and Central Asian Market", held at the Grand Kuta Bali Hotel last week, revealed that over 1300 Lankans had visited ...
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Dollar rebounds in Asia as investors await Bernanke
The dollar turned higher against the yen in Asia on Tuesday as investors waited for testimony by the US central bank chief and a policy meeting of the Japanese central bank. The dollar was changing hands at 102.61 yen in Tokyo morning trade, up from 102.26 yen in New York late Monday. The euro rose to 132.20 yen from 131.76 yen in New York while slipping to $1.2868 from $1.2884. The dollar ...
Tajikistan Focus
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Tajikistan making sacrifices for the future
A massive hydroelectric dam in southern Tajikistan may be the key to the future energy independence of the country and its development, but it comes at a staggering cost and with doubts over its viability.
Tajikistan is an ancient land and one of the oldest states in human history, having been founded by the Samani dynasty in the 9th century, long before territories such as Great Britain or other European nations became unified states. Yet for all this, Tajikistan has remained impoverished and sidelined throughout much of its existence. Read more
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