EBRD President Renaud-Basso to visit Kazakhstan NUR-SULTAN. KAZINFORM The President of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, will visit Kazakhstan from 22 to 24 September for meetings with senior government officials and EBRD clients. This will be her first in-person visit to Central Asia’s largest state and to the region as EBRD President.
Askar Mamin, German business reps discuss implementation of joint projects in Kazakhstan NUR-SULTAN. KAZINFORM – A meeting between Kazakh Prime Minister Askar Mamin and heads of German companies Svevind Energy GmbH, Linde AG, Redpath Deilmann Gmbh, Siemens Energy, Goldbeck Solar GmbH, Saria SE & Co. KG, Becker Mining Systems as well as the Eastern Committee of the German Economy took place today, Kazinform cites the press service of the Kazakh PM.
Iran-Eurasia trade hits $1.6b TEHRAN. KAZINFORM The trade between Iran and members of the Eurasian Economic Union enjoying 93% growth in value has mounted to over 1.6 billion dollars during the first 4 months of the current Iranian calendar year (starting on March 21), a senior official at Iran Customs Administration said.
UNCTAD World Investment Report: Kazakhstan ranks 1st in growth of net FDI among transition economies NUR-SULTAN. KAZINFORM Data in the «World Investment Report» of the United Nations Conference on Trade and Development (UNCTAD) has shown that despite the negative impact of the COVID-19 pandemic on the global economy, Kazakhstan in 2020 showed the largest increase in net foreign direct investment among 17 countries with a transition economy and 34 landlocked countries, the Kazakh MFA’s press service reports.
AIFC Authority and QazTrade agree to cooperate in field of e-commerce NUR-SULTAN. KAZINFORM On August 26, a meeting of representatives of the Astana International Financial Centre (hereinafter – the AIFC), represented by the Governor Kairat Kelimbetov, and the Ministry of Trade and Integration of the Republic of Kazakhstan, represented by Minister Bakhyt Sultanov, took place at the AIFC.
QazIndustry and Brazilian National Industry Confederation sign memo NUR-SULTAN. KAZINFORM QazIndustry Kazakhstan Industry and Export Centre JSC CEO Berik Bekenov and Vice President of the Brazilian National Industry Confederation (CNI) João Emilio Gonçalves signed a memo of cooperation for further development of trade and economic ties between Brazil and Kazakhstan, the press service of the Kazakh Industry and Infrastructure Development Ministry reports.
Resilience in a riskier world BAGKOK. KAZINFORM Over the past two decades, the Asia-Pacific region has made remarkable progress in managing disaster risk. But countries can never let down their guard. The COVID-19 pandemic, with its epicentre now in Asia, and all its tragic consequences, has exposed the frailties of human societies in the face of powerful natural forces. As of mid-August 2021, Asian and Pacific countries had reported 65 million confirmed coronavirus cases and more than 1 million deaths.
National Bank Chairman reports to Kazakh President NUR-SULTAN. KAZINFORM Kazakh President Kassym-Jomart Tokayev received Chairman of the National Bank of Kazakhstan Yerbolat Dossayev, who reported on the preliminary results of the country’s monetary policy implementation for the past 7 months, the Akorda press service reports.
IMF keeps Kazakhstan’s growth forecast at 3.2% NUR-SULTAN. KAZINFORM – The spread of COVID-19 and vaccination rates are the main factors in the recovery of global economy as well as Kazakh economy, Chairman of the National Bank of Kazakhstan Yerbolat Dossayev told a government session, Kazinform correspondent reports.
IMF approves largest SDR allocation in history to boost global liquidity WASHINGTON. KAZINFORM The board of governors of the International Monetary Fund (IMF) has approved a new general allocation of Special Drawing Rights (SDR) equivalent to 650 billion U.S. dollars, the largest allocation in the IMF's history, in an effort to boost global liquidity amid the COVID-19 pandemic, according to an IMF statement released Monday.