Category Archives: Uncategorised

Kazakhstan’s flagship to put for auction

NOV. 3 2016 (The Conway Bulletin) — Kazakhstan’s sovereign wealth fund Samruk-Kazyna said it will put up for auction up to 25% of Air Astana, the country’s flagship carrier it co- owns with Britain’s BAE Systems. Samruk-Kazyna said that BAE Systems could also sell up to 25% of Air Astana, but that 51% of the shares should remain in the hands of Kazakh investors to comply with the law. Samruk-Kazyna owns 51% of Air Astana, BAE Systems owns the rest.

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(News report from Issue No. 304, published on Nov. 11 2016)

Turkmenistan settles row with Gazprom

NOV. 7 2016 (The Conway Bulletin) — Turkmenistan’s Turkmengaz and Russia’s Gazprom settled a row over gas pricing after a meeting between Turkmen President Kurbanguly Berdymukhamedov and his Russian counterpart Vladimir Putin last week, media reported. Earlier this year, Gazprom filed an arbitration case against Turkmengaz in a Stockholm court alleging that it had been over-charged for gas. Turkmengaz had previously accused Gazprom of not paying its debts.

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(News report from Issue No. 304, published on Nov. 11 2016)

Female judges to deal with rape in Kazakhstan

NOV. 10 2016 (The Conway Bulletin) — Kazakhstan’s Prosecutor-General Zhakip Asanov said female attorneys should be in charge of all criminal trials involving sexual violence, such as rape and paedophilia. In a statement, Mr Asanov said women are better at understanding such cases. Rights groups have accused the Kazakh justice system of being soft on sexual violence.

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(News report from Issue No. 304, published on Nov. 11 2016)

Kazakh carmaker revives production

NOV. 4 2016 (The Conway Bulletin) — Despite a 29% fall in revenues, Kazakhstan-based carmaker AziaAvto turned a profit of 3b tenge ($8m) in the first nine months of 2016, compared to a loss of 13.4b tenge in the same period last year. In a statement, the company said that despite the slump in the market, AziaAvto has managed to contain costs and revive production. AziaAvto’s plant in eastern Kazakhstan produces cars for Lada, Skoda, Chevrolet and KIA.

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(News report from Issue No. 304, published on Nov. 11 2016)

Azerbaijan increases its cotton harvest but analysts doubt ambitious target

NOV. 7 2016 (The Conway Bulletin) — Azerbaijan harvested 50,400 tonnes of raw cotton in 2016, a 66% increase on last year, its statistics committee said.

The rise is important to the Azerbaijani government because with oil prices low and the economy tipping into recession it has revived promises to develop cotton.

In the Soviet Union, before its second oil boom in the late 1990s and early 2000s, cotton had accounted for up to 25% of Azerbaijan’s income. Investment, though, dropped away once oil became the focus.

“Next year, cotton production will lead to the creation of more than 100,000 jobs. As we expand our acre- age, this figure will grow,” President Ilham Aliyev said during a cotton- development conference in Sabirabad, Azerbaijan, on Sept. 17.

Azerbaijani authorities want to expand the cotton fields within three years by 500%, from the current 50,000 hectares. Even if Azerbaijan hits this target it will still be a fraction of the size of the world’s major cotton producing countries. Uzbekistan has around 1.25b hectares of cotton fields.

Economists, though, are sceptical on whether white gold – as cotton is dubbed in Azerbaijan – can fill the gap left by the drop in energy prices. Last year, they pointed out, cotton produced earned just $29m.

Ziya Mammadbayli, a Baku-based analyst, said that Azerbaijan didn’t even have the capacity to pick a bigger cotton harvest without forced labour.

“With low average salaries and without new equipment the has government started to send primary school teachers and doctors to cotton fields to pick it,” he told The Bulletin.

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(News report from Issue No. 304, published on Nov. 11 2016)

Uzbek businessman complains to President

NOV. 8 2016 (The Conway Bulletin) — In a televised show, Olim Sulaimanov, director of a small trading company in Uzbekistan, explained how his company had been raided by Uzbek police, Eurasianet reported. Mr Sulaimanov, whose company exports fruits and vegetables to Russia, appealed to acting-President Shavkat Mirziyoyev to unfreeze his company’s assets.

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(News report from Issue No. 304, published on Nov. 11 2016)

Fire kills seven in Kazakh city

NOV. 6 2016 (The Conway Bulletin) — A fire in a residential building near the Almaty Towers complex killed seven people, mostly Kazakh university students. Investigators said that the likely causes of the fire were either a fault during ongoing construction works or an electrical short-circuit. One welder and six students died in the accident. The Almaty Towers complex is located near the circus in the western part of the city.

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(News report from Issue No. 304, published on Nov. 11 2016)

Uzbekistan names street after Karimov

NOV. 4 2016 (The Conway Bulletin) — Uzbekistan authorities have floated the prospect of renaming Kattakurgan, a city near Samarkand, after Islam Karimov, the local service of Russia’s Sputnik News said. Rumours about the possible renaming circulated among Kattakurgan residents, according to Sputnik. Karimov, Uzbekistan’s only post-Soviet president, died in September.

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(News report from Issue No. 304, published on Nov. 11 2016)

Freedom House criticises Azerbaijan

NOV. 4 2016 (The Conway Bulletin) —  The US-based Freedom House accused the Azerbaijani government of harassing two lawyers who have represented a number of clients that it said were later imprisoned for political reasons. Robert Herman, a Freedom House vice president said that Azerbaijan “should end its campaign of innuendo and threats against Elchin Sadiqov and Fariz Namazli, two of the few lawyers in the country who dare to represent political prisoners and bring attention to government wrongdoing.”

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(News report from Issue No. 304, published on Nov. 11 2016)

 

Azerbaijan to supply oil to Egypt

NOV. 8 2016 (The Conway Bulletin) — A source in SOCAR, Azerbaijan’s state-owned energy company, said that the company will supply Egyptian refineries with 2m barrels of oil annually, the Amwal Al Ghad magazine reported. Last week, Egypt and Azerbaijan agreed on a supply contract after Saudi Aramco said it would halt shipments to Egypt indefinitely.

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Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 304, published on Nov. 11 2016)