Category Archives: Uncategorised

China wants transport hub in Kazakhstan

MARCH 19 2015 (The Conway Bulletin) – China has opened up negotiations on building a transport and logistics hub in north Kazakhstan, media reported. China would use the hub to send goods to Russia and to Europe. Kazakhstan has been promoting itself as a stage-post between Europe and Asia.
ENDS

(News report from Issue No. 224, published on March 25 2015)

Uzbekistan agrees to maintain Afghan railway

MARCH 21 2015 (The Conway Bulletin) – Uzbekistan has signed a three year extension to a contract with Afghanistan to maintain the 75km railway from Hairstan, on the Uzbek-Afghan border, to Mazar-i-Sharif, media reported. Reports said the contract was worth $19m/year to Uzbekistan. This is a rare Uzbek service export.
ENDS

(News report from Issue No. 224, published on March 25 2015)

Malaysia’s Cliq strikes oil deal in Kazakhstan

MARCH 24 2015 (The Conway Bulletin) – Malaysia-based Cliq Energy said it would buy stakes in two oil fields in Kazakhstan for $117.3m through a 51% purchase of Phsytech Firm. The fields are located in the North Karazhanbas region of Mangistau, west Kazakhstan, and have proven reserves of 39.5m barrels of oil.
ENDS

(News report from Issue No. 224, published on March 25 2015)

Armenia says Azerbaijan killed 3 soldiers

MARCH 19 2015 (The Conway Bulletin) – The Armenia-backed government of the disputed region of Nagorno-Karabakh said that Azerbaijani forces had killed three of its soldiers, one of the worst breeches of a ceasefire in recent months. Azerbaijan said Armenian forces had initiated an attack which it repelled.
ENDS

(News report from Issue No. 224, published on March 25 2015)

Sargsyan travels to China for deals

MARCH 25 2015 (The Conway Bulletin) – Armenian president, Serzh Sargsyan, visited China, signing various deals with his Chinese counterpart, Xi Jinping, and pledging greater cooperation between the two countries.

Short on regional allies, Armenia is looking for cash and investment to help it out of a worsening economic situation. It is currently overly reliant on Russian business and aid.
With this in mind, Mr Sargsyan’s trip to China was an important one.

“The Chinese government will encourage domestic enterprises to participate in transportation, mining, electricity, information technology and infrastructure sectors in Armenia,” the Xinhua Chinese state information agency quoted Mr Xi as saying.

This is exactly what Mr Sargsyan wanted to hear. Armenian state media said that Chinese trade had increased in importance over the past year and now accounted for 10% of Armenia’s total trade turnover, up from 8% in 2013.

Importantly, too, Mr Xi accepted an invitation to visit Armenia. For Armenia, successfully courting China is important.

China, eager to boost its regional presence, has probably found a willing partner in Armenia.

Perhaps also linked to this general diplomatic push, Armenia said that it is opening a consulate in Ebril, the capital of Kurdish Iraq.
ENDS

(News report from Issue No. 224, published on March 25 2015)

Divisions grow in Eurasian Economic Union

MARCH 20 2015 (The Conway Bulletin) – The Kremlin-led Eurasian Economic Union’s (EEU) first year is shaping up to be one to forget.

A sharp devaluation in the value of the rouble, triggered by Western sanctions and falling oil prices, and meddling in Ukraine’s civil war have hit Russia’s credibility among its former Soviet partners. After a meeting in Astana, Kazakh President Nursultan Nazarbayev appeared to distance himself from the Kremlin.

Mr Nazarbayev hosted Russian President Vladimir Putin and Belarusian President Aleksandr Lukashenko at the meeting. Armenia, the fourth member of the EEU, didn’t attend.

Mr Nazarbayev appeared to suggest that Mr Putin’s alleged support for rebels in eastern Ukraine had gone too far.

“It is important for any decisions that get made to rely on fundamental principles of international law. We are interested in Ukraine staying a stable, independent, territorially integral country,” he said.

Apparent tension at the meeting in Astana between the leaders wasn’t contained to Ukraine.

Mr Putin once again brought up the prospect of a single currency throughout the Eurasian Economic Union, something that Mr Nazarbayev has already ruled out.

“The time has come to start thinking about forming a currency union,” news reports quoted Mr Putin as saying. Mr Putin also suggested a Central Bank for the single currency could be based in Almaty.
ENDS

(News report from Issue No. 224, published on March 25 2015)

HRW wants improved human rights in Kyrgyzstan

MARCH 22 2015 (The Conway Bulletin) – The New York-based Human Rights Watch (HRW) challenged European leaders to use a trip to Europe by Kyrgyz president Almazbek Atamabayev to call for improved human rights in Kyrgyzstan. In particular, HRW said European leaders should protest against a bill passing through the Kyrgyz parliament that would limit gay rights.
ENDS

(News report from Issue No. 224, published on March 25 2015)

Atambyaev asks Europe for help stopping IS

MARCH 23 2015 (The Conway Bulletin) – On a trip to European capitals, Kyrgyz president Almazbek Atambayev asked the European Union to provide military assistance to help stop the rise of the extremist group IS in Central Asia. IS has targeted Central Asia as a fertile recruitment ground.
ENDS

(News report from Issue No. 224, published on March 25 2015)

SOCAR issues $750m Eurobond

MARCH 19 2015 (The Conway Bulletin) – SOCAR, Azerbaijan’s state energy company, said that it had issued $750m worth of 15-year Eurobonds. It had earlier said that it would issue debt but didn’t specify how much. SOCAR said the debt issue was linked to the fall in oil prices.
ENDS

(News report from Issue No. 224, published on March 25 2015)

Georgia’s economy grew in 2014, says stat office

MARCH 20 2015 (The Conway Bulletin) – Officially, Georgia’s economy grew by 4.8% in 2014, up from 3.3% in 2013, the Georgian national statistics office said. Georgia has been enjoying growth for a few years. Economists have predicted a slowdown, though, because of a regional economic trough.
ENDS

(News report from Issue No. 224, published on March 25 2015)