Central Asia

Kazakhstan: Indian investors have reason to cheer with Kazakhstan initiating major economic reforms

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Kazakh President Kassym-Jomart Tokayev signed the decree on measures to liberalize the economy on May 10 aimed at ensuring freedom of entrepreneurship by developing competition, reducing state stakes in the economy, and decreasing business costs in a step that would encourage Indian private investors to explore the regional market by making Kazakhstan as a base. … Read more

China’s economic forays in Central Asia gives rise to discomfiture in Moscow

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China’s economic forays into resource rich Central Asia, a region which shares deep historical, political and economic ties with Moscow, has created certain discomfiture in the Russian establishment. In a recent trade meet in Uzbekistan a Russian trade official emphasised that Russia and China were “equal partners with an equal share in trade turnover” in … Read more