Eurasia / News

Kyrgyz MPs pass amendments permitting Centerra Gold glacier operations

Kanat Shaku in Almaty November 20, 2017

Canada-based miner, long involved in environmental and profit-sharing disputes over its operations in Kyrgyzstan, gets the go-ahead to mine Davidov and Lysyi sites.

British expect to end £300m dispute with Iran over tanks ordered in 1976

bne IntelliNews November 16, 2017

Just 185 of 1,750 Chieftain tanks paid for upfront were ever delivered because the Islamic Revolution led to an arms supplies ban. MP described UK's approach to debt as “un-British”.

Atambayev fuels Kazakh-Kyrgyz border 'fire' with Nazarbayev jibe

Kanat Shaku in Almaty November 16, 2017

Kyrgyz president hits out at “aged” Kazakh counterpart Nazarbayev as damage to trade mounts up from spat over Astana's claimed “impertinent” meddling in Kyrgyzstan's presidential election on behalf of “their flunky”.

European Parliament recommends deepening Eastern Partnership with Georgia, Moldova and Ukraine

bne IntelliNews November 16, 2017

MEPs want to reward reforms by Eastern Partnership countries by allowing them to join EU customs union, energy union or even Schengen area.

Death toll from Iran-Iraq border quake approaches 400

bne IntelliNews November 13, 2017

Carnage mainly in predominantly Kurdish mountainous area which typically features homes made of mud bricks. At least 6,600 people injured in disaster and key hospital severely damaged.

US charges five for bribing officials to win Central Asia contracts for Rolls-Royce

bne IntelliNews November 8, 2017

Indicted individuals allegedly paid kickbacks to officials in countries including Kazakhstan and Azerbaijan, contracts on a pipeline-to-China investment among those tainted by scandal.

Higher exports and investment push first-half growth in all EBRD countries bar two

bne IntelliNews November 7, 2017

EBRD markedly hikes its forecasts for economic growth in Emerging Europe after assessing the arrival of expansion that is so strong that it is already running up against structural constraints.

US lawmakers signalling Americans to stick with Iran nuclear deal, says EU foreign policy chief

bne IntelliNews November 7, 2017

In Washington visit, Mogherini says she has assurances decision makers in Congress want to maintain US participation in accord, while in Paris a senior Iranian official calls on EU to more proactively defend agreement against Trump.

Houthi missile attack may amount to Iranian “act of war”, says Riyadh

bne IntelliNews November 6, 2017

Iran behind attempted strike on international airport from Yemen, claim Saudis. Tehran denies involvement, accusing regional arch-rival of “bombing Yemen to smithereens, killing thousands of innocents including babies”.

‘Paradise Papers’ team exposes Kazakhstan’s ‘Secret Billionaires’

bne IntelliNews November 6, 2017

Financing and offshore secrets of investment and holding company Meridian Capital exposed by Organised Crime and Corruption Reporting Project (OCCRP).

Iran, Russia display strategic unity and envision huge oil deal as Putin visits Tehran

bne IntelliNews November 1, 2017

Busy agenda ranges over preserving nuclear deal, Syria, Rosneft and NIOC contracts worth $30bn and planned 7,200-kilometre International North-South Transport Corridor.

Kazakhstan’s new military doctrine shifts logic of country’s security agenda

Kanat Shaku in Almaty November 1, 2017

Quietly released document, full of Cold War-style jargon, appears to draw lessons from the fate of Crimea at the hands of Russia.

Uzbekistan makes top 10 in World Bank’s Doing Business global improvers

bne IntelliNews November 1, 2017

New president’s drive for reform in Central Asia’s most populous country gets boost from climb of 13 places in ranking.

Concern over painfully slow progress of Total’s Iran investment against Trump backdrop

bne IntelliNews October 31, 2017

MP who heads parliamentary energy commission says French energy major has “no excuses” for not carrying out the deal.

New Baku-Tbilisi-Kars railway touted as fastest option for Beijing-London link

bne IntelliNews October 31, 2017

Two small South Caucasian nations Azerbaijan and Georgia, as well as Turkey, stand to gain from route that avoids Russia following an ancient Silk Road corridor.

Azerbaijan tolerates third anti-corruption Baku protest in a month

bne IntelliNews October 30, 2017

Speculation over why the usually harsh authorities are permitting the rallies includes theory that regime officials are trying to identify opponents. Demands made to protesters for the removal of sunglasses support that argument.

In apparent gain for transparency, Uzbeks report GDP growth at below 7% for first time in decade

Kanat Shaku in Almaty October 30, 2017

Tashkent often reported notoriously unreliable growth figures under the late Islam Karimov, but just-issued nine-month update shows reformist successor Shavkat Mirziyoyev may be pushing officials to get real.

India sends first Afghanistan-bound shipment via Iran’s sole oceanic port Chabahar

bne IntelliNews October 30, 2017

Banned from sending goods to the Afghans through Pakistan, New Delhi is developing a new trade corridor via the Islamic Republic, hoping to also use the route to make inroads in Central Asia.

Kazakhstan sues Moldovan investor in US after losing appeals in Sweden

Iulian Ernst in Bucharest October 30, 2017

Rulings by courts in several European jurisdictions have so far gone in businessman Anatol Stati's favour as he seeks redress for investments in Kazakhstan that he says were nationalised without full compensation.

Hopes for Russia-led EEU were “too high” says Kyrgyz president amid diplomatic spat with Astana

Kanat Shaku in Almaty October 30, 2017

Dispute between Kyrgyzstan and Kazakhstan over claimed interference of latter in former’s presidential election and subsequent hindering of border trade flows prompts President Atambaev to question merits of Moscow-led trade bloc.