Tag Archives: Tajikistan

Tajik court sentences IRPT activists

MARCH 7 2016 (The Conway Bulletin) – A court in the Tajik town of Isfara jailed three men to up to 11 years in prison for offences linked to their memberships of the now banned Islamic Renaissance Party of Tajikistan (IRPT). The Tajik authorities banned the IRPT, the country’s only real opposition party last year, and has since been imprisoning its members. The West has criticised this as a crackdown.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 271, published on March 11 2016)

US sends military to Georgia, Tajikistan and Kyrgyzstan

MARCH 10 2016 (The Conway Bulletin) – Georgia, Tajikistan and Kyrgyzstan are among the three most dependent countries on US aid to pay for their military, the eurasianet.org website reported by quoting a Washington lobby group. In 2014, Georgia received $158m of US military aid, out of a total budget of $387m; Tajikistan received $29m of US aid out of $104m in total and Kyrgyzstan received $90m out of a total military budget of $252m.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 271, published on March 11 2016)

Pakistani military chief visits Tajikistan

MARCH 5 2016 (The Conway Bulletin) – General Raheel Sharif, Pakistan’s military chief, made his first trip to Tajikistan, pledging his full support for defeating terrorism in the region. This is important as it shows the growing bonds between Central and South Asia. Tajikistan is part of the CASA-1000 plan to generate electricity in Kyrgyzstan and Tajikistan which is then exported to Pakistan, via Afghanistan.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 271, published on March 11 2016)

Norway parliament challenges Tajikistan’s TALCO to reveal its true owner

MARCH 6 2016 (The Conway Bulletin) – A parliamentary committee in Norway opened an investigation into alleged corruption by state-owned aluminium producer Norsk Hydro in Tajikistan, the second probe in the last six months into bribery against a Norwegian government-owned company working in Central Asia and the South Caucasus.

Specifically, the Norwegian parliament now wants to see Hydro’s contract with Tajikistan’s state-owned aluminium plant TALCO. It challenged the notoriously secretive TALCO, the biggest industrial asset in Tajikistan, to reveal who its true beneficial owners are. Many believe that, via a network of offshore companies, it is Tajik President Emomali Rakhmon and his family.

Media quoted Jette Christensen, MP and a member of the committee, as saying: “We and the minister must find out who are the hidden owners, therefore this is an order to both Hydro and the minister. We also believe that we must see the entire contract Hydro had with TALCO Management Ltd.”

TALCO Management Ltd., the shell company for TALCO, is registered in the British Virgin Islands and is seen by many observers as a safe haven for corrupt practices.

Norwegian newspaper Dagens Naeringsliv wrote an in-depth story about the Hydro-TALCO case in mid- February, an article that appears to have triggered parliament’s renewed interest deals between the two companies between 1993 and 2003.

Hydro have denied the allegations and sent a 17-page reply to parliament. “There are no indications of Hydro having acted in violation of applicable laws, internal rules or guidelines,” Dag Mejdell, Hydro’s chairman, said in the statement.

“The company has zero tolerance towards corruption.”

The Norwegian government owns a 34.3% stake in Norsk Hydro.

In November 2015, Norway’s minister of industry sacked Svein Aaser, chairman of Telenor, a telecoms company under investigation for corruption in Uzbekistan in 2007/8 linked to payments for 3G licences. The investigation is ongoing.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 271, published on  March 11 2016)

 

Tajik town renames itself Rakhmonabod after Pres. Rakhmon

MARCH 3 2016, DUSHANBE (The Conway Bulletin) — Tajikistan’s senate approved a request from a small town in the east of the country to be renamed Rakhmonabod, after President Emomali Rakhmon, as a thank you for his prompt aid after a flood in 2015. Villagers of Pitovdasht, in the mountainous Gorno-Badakhsan region, officially applied for the name change last September.

Residents said they wanted this to be a symbol of gratitude for Mr Rakhmon, president of Tajikistan since the mid-1990s, who fulfilled his promise of building 82 new homes after the flooding.

In July 2015, the region was hit hard by floods after glaciers melted and over 10,000 people had to be resettled.

Observers have said the town’s name change lies somewhere between genuine gratitude and the president’s cult of personality.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 270, published on March 4 2016)

 

Turkcell submits bid for TeliaSonera’s Eurasian holdings

ALMATY, FEB. 26 2016, (The Conway Bulletin) — Turkcell, Turkey’s largest telecoms operator, said it had submitted a formal offer for TeliaSonera’s share in Fintur, a holding company that owns several stakes in telecoms operators across Central Asia and the South Caucasus.

TeliaSonera owns a 58.55% stake in Fintur. Turkcell owns the rest of the Netherlands-based company. Fintur, in turn, owns stakes in Azerbaijan Azercell, Georgia’s Geocell, Kazakhstan’s Kcell, Uzbekistan Ucell and Tajikistan’s Tcell.

If the sale goes through, the deal will reduce TeliaSonera’s exposure to the region. TeliaSonera will not, though, be able to walk away completely as the Swedish-Finnish company owns, directly and indirectly, 38% of Turkcell.

Other major Turkcell shareholders include Alfa Group and Cukurova Holding.

Many TeliaSonera shareholders had wanted the company to quit the region entirely after being accused of bribing senior officials in Uzbekistan for 3G licences nine years ago. The corruption investigation is ongoing.

In its statement, Turkcell also said it had submitted another offer for TeliaSonera’s directly owned 24% share in Kcell. If the two companies agree on the sale, Turkcell will own 75% in Kcell.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 270, published on  March 4 2016)

 

Tajikistan plans massive war games

MARCH 1 2016, DUSHANBE (The Conway Bulletin) — With governments in Central Asia increasingly worried about the Taliban, Tajikistan’s said that it will hold one of its largest ever military exercises with Russia, involving at least 50,000 soldiers.

Faridun Mahmadalizoda, a spokesman for the Tajik defence ministry, said that the military exercise will last from March 15-20 in the south of the country near the border with Afghanistan. Soldiers from the Russian military base in Tajikistan will take part in the war games, although the final number hasn’t yet been decided.

Both Russia and Tajikistan have warned of the increasing threat of the Taliban. Last year the Taliban briefly captured the town of Kunduz on the Afghan-Tajik border and this year there have been a number of reports of attacks on power lines running from Central Asia to Kabul. This is especially important as Central Asian states have committed to power and gas export projects to Pakistan and India which involve Afghanistan as a transit state.

And boosting the military is also a popular policy with ordinary Tajiks who worry about stability.

A 35 year-old accountant in Dushanbe said that Tajikistan should ensure stability at any price.

“The government wants to show the Taliban that we have an army, in case the terrorists want to cross the border,” he said, keeping his hands crossed on his chest.

A Dushanbe-based political analyst, who did not want to be named, told The Conway Bulletin’s correspondent in Dushanbe that Russia was pursuing a foreign policy in Central Asia based around boosting its military and playing up fears about renewed Taliban strength.

“The new exercises are first of all a signal to all superpowers that are interested in Central Asia about who exactly is the boss here,” he said.

“It’s also a signal to extremist groups, who have been thinking about moving across the (Afghan- Tajik) border onto the other side of the river in an act of war.”

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 270, published on March 4 2016)

 

Tajik President warns of droughts

MARCH 1 2016 (The Conway Bulletin) – Tajik President Emomali Rakhmon warned people that reservoirs in Tajikistan were low because of a relatively dry winter and that droughts were likely this summer. It’s unusual for Mr Rakhmon to give drought warnings. Tajikistan’s rivers feed downstream Turkmenistan and Uzbekistan, meaning that droughts would have knock-on consequences and could strain bilateral relations.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 270, published on March 4 2016)

 

Baskin Robbins to enter Tajik market

FEB. 26 2016 (The Conway Bulletin) – US ice cream maker Baskin Robbins said it wants to open its first cafe in Tajikistan, although it didn’t say when. Baskin Robbins operates in several countries in the former Soviet Union, including Armenia, Kazakhstan and Turkmenistan. French retailer Auchan opened a store in Dushanbe last year.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 270, published on  March 4 2016)

 

Tethys seals deal with Kazakhstan’s Oilisol

ALMATY, MARCH 2 2016, (The Conway Bulletin) — Guernsey-based Tethys Petroleum said it had now sealed a life-saving financing agreement with Kazakhstan-based Olisol for around $32m, after months of doubt regarding the company’s ability to pay debts and continue its Kazakh and Tajik operations.

The two companies initially reached the deal on Feb. 22 and signed it on March 2, giving Tethys shares on the Toronto Stock Exchange a boost.

Under the deal, Tethys will receive $1m of finance and convert the remaining $5.25m debt facility into ordinary shares. If the Toronto Stock Exchange approves Tethys’ issue of 500m new shares, Olisol will then buy around 181m of these, and own a 42% stake in Tethys.

John Bell, Tethys chairman, said: “Tethys now has a strong in-country strategic partner which has committed to becoming a minority share- holder and who will help the company in its objective to supply the growing energy demand in China.”

Mr Bell and three other board members will step down upon completion of the deal.

“We leave the board having steered Tethys into a company focused on capital efficiency and cost discipline, well placed to become a strong platform for future growth,” he said.

Tethys had been in talks with Nostrum Oil & Gas for a takeover last summer. It later rejected the offer and turned to Kazakhstan’s Olisol.

In January, however, Olisol missed a payment scheduled in an earlier agreement putting the deal in jeopardy. The latest deal confirms that Olisol will in fact go ahead with the purchase and become a minority stakeholder in Tethys.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 270, published on  March 4 2016)