Category Archives: Central Asia & South Caucasus News

Azerbaijani bank drops football sponsorship

JAN. 28 2017 (The Conway Bulletin) — The International Bank of Azerbaijan (IBA), majority owned by the Azerbaijani government, has dropped sponsorship of a Baku football team as part of a cost-cutting drive.

Dropping sponsorship of Inter Baku, a top tier team, is another sign that the tough economic conditions have hit IBA hard. A few years ago such a move would have been unimaginable.

“In accordance with new strategic goals limitation of the IBA’s sports support will help the bank optimise its expenses and direct resources to the sphere of finance and banking, which are priority,” IBA chairman Khalid Ahadov said in a statement released by the bank.

“That will increase the efficiency of the recovery processes, conducted with government’s support.”

At the end of January, the Azerbaijani government increased its stake in IBA to 77% from 56% in order to ensure the stability of the bank, Azerbaijan’s biggest. Analysts have been warning for the past 12 months that an economic downturn was pressuring the banking sector in Azerbaijan. The Central Bank has also withdrawn trading licences from some of the smaller banks.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 315, published on Feb. 3 2017)

Hundreds protest in Tbilisi against job cuts by Georgia’s defence ministry

TBILISI, JAN. 30 2017 (The Conway Bulletin) — Since December, Georgia’s defence ministry has laid off several hundred civil servants and soldiers, a round of redundancies aimed at modernising the army and reducing costs.

The lay-offs have triggered protests including one on Jan. 30 when a few hundred people marched in Tbilisi.

Protesters said 1,750 civil servants and 340 soldiers have lost their jobs without any compensation. Another 209 officers quit their jobs voluntarily.

Elguja Urushadze, a former Lieutenant Colonel who used to teach at the military academy, told the Bulletin that he was fired without any notice.

“I served in the Georgian National Army since the very first days of its existence,” he said. “I have been teaching protection from weapons of mass destruction since 1991. I was on a work trip on the 12th of January when they called me and told me I was removed from office. On the papers, my last working day was the 11th of January.”

Georgia wants to join NATO and has supported its mission in Afghanistan. It also has a detachment of soldiers supporting an EU mission in the Central African Republic.

It said that as well as cutting costs, the so-called “Optimisation” process was needed to bring the Georgian army into line with its NATO allies.

“In 2016, 67% of the 670m lari ($250m) budget funds were calculated for salaries and social expenses and only 33% was spent on the military technique, ammunition and on other needs,” the defence ministry said. “NATO standards say that payroll and administrative expenses should make up 50-53% of budget funds.”

It also said that the reforms will save 32m lari, 5% of the total budget.

The protesters, though, said they will continue until they are properly compensated for their job losses.

David Nemsadze, a retired army officer and now a human rights worker specialising in military affairs said: “During the layoffs process, the working code was violated. The selection process was not transparent at all.”

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 315, published on Feb. 3 2017)

Tengiz will create 20,000 jobs, says Kazakh ministry

JAN. 30 2017 (The Conway Bulletin) — The $36.8b expansion of the Tengiz oil field announced last year will create 20,000 jobs, Kazakhstan’s labour ministry said in a statement. Labour minister Birzhan Nurymbetov said that 18,000 of those jobs would be given to Kazakhs. This job creation is vital in Kazakhstan which has seen mass job cuts over the past couple of years because of the tight economic conditions.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 315, published on Feb. 3 2017)

Azerbaijan security forces shoot terrorists

JAN. 31 2017 (The Conway Bulletin) — Security forces in Azerbaijan killed four alleged terrorists who had been plotting a series of attacks, media reported quoting a government statement. Reports did not say where the shootout had taken place. It is unusual for Azerbaijan to report a shootout between its security forces and alleged terrorists. Azerbaijan and other countries in the region have been trying to deflect a recruitment drive by the extremist IS group.

ENDS

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(News report from Issue No. 315, published on Feb. 3 2017)

H&M still on track to open store in Kazakh city

JAN. 31 2017 (The Conway Bulletin) — H&M, the Swedish fashion retailer, still intends to open its first store in Kazakhstan despite a fall in profit last year, its CEO Karl-Johan Persson said during its full-year results presentation. Mr Persson said that the rising value of the US dollar was one of the main drivers of the drop in profit. Last year H&M said that it would open its first store in Almaty. This is important because analysts have been worried that an economic downturn that has hit the region would hit companies’ plans.

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(News report from Issue No. 315, published on Feb. 3 2017)

Carmaker in Kazakhstan starts exports to China

FEB. 1 2017 (The Conway Bulletin) — Russian carmaker AvtoVAZ has started exporting its Lada 4×4 to China from its factory in Kazakhstan, the life.ru website reported quoting an official at the Asia Auto factory in the east Kazakh city of Ust-Kamenogorsk. Asia Auto is one of the biggest car manufacturers in Kazakhstan. The Kazakh car making sector has been hard hit by the economic downturn.

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(News report from Issue No. 315, published on Feb. 3 2017)

Russia complains about extradition of blogger to Azerbaijan

FEB. 2 2017 (The Conway Bulletin) — Russia has complained to Belarus about the extradition of a Russian- Israeli blogger to Azerbaijan, media reported. Azerbaijan requested the arrest and extradition of Alexander Lapshin because it said that he had visited the breakaway region of Nagorno-Karabakh illegally. The complaint and ensuing row could upset Russia-Azerbaijan relations.

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(News report from Issue No. 315, published on Feb. 3 2017)

 

Major fire destroys shopping centre in Georgia capital

JAN. 30 2017 (The Conway Bulletin) — A fire in Tbilisi destroyed the Children’s World and Gold Market shopping centre. Reports said that 31 fire-fighting units tackled the blaze, one of the biggest in Tbilisi. The shopping mall covered an area roughly the size of two football pitches. It is still unclear what caused the fire.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 315, published on Feb. 3 2017)

Azerbaijani students told not to criticise the government

JAN. 27 2017 (The Conway Bulletin) — Students at Baku State University have been warned not to criticise Azerbaijani President Ilham Aliyev or the university on social media, a leaked audio recording showed.

In the audio recording, released on Facebook, the deputy dean of the faculty of journalism of Baku State University Aytekin Zeynalova threatened students for criticising the university administration.

“After seeing on social media the criticism of a student my blood pressure increased,” she told a group of students. “If students break the rules of the discipline, they will receive a warning and I will reprimand them.”

A second audio recording was leaked a few days later in which Ms Zeynalova again threatened students.

The recordings, and the attitude of Ms Zeynalov, are important because they highlight what human rights have said is a systematic crackdown on free speech in Azerbaijan.

It also demonstrates just how important Facebook has become as a tool for people to express themselves and criticise governments in countries which have been showing an increasingly authoritarian bent.

Students told The Conway Bulletin that it was fairly standard to receive warnings about social media use.

Umman Safarov, a third-year student at the Faculty of Journalism at Baku State University, said that he was warned not to share posts criticising President Aliyev and the university administration.

“The vice-Chancellor told me that while you are studying at Baku State University, you cannot share such posts otherwise you will be expelled from the university,” he said.

Baku State University said in a statement that Ms Zeynalova had admitted that she had handed out the warning but media later quoted the rector of the University, Abel Meherremov, as saying that it was a duty of every student not to criticise the government.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 315, published on Feb. 3 2017)

New Uzbek bank to support agriculture set up

JAN. 30 2017 (The Conway Bulletin) — Uzbekistan will set up a new bank called Uzagroexportbank to support agriculture and farm exports, media reported. The new bank is another signal that new president Shavkat Mirziyoyev is trying to boost support for independent businesses. Analysts have previously identified agriculture as a way to boost Uzbekistan’s productivity.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 315, published on Feb. 3 2017)