Azerbaijan likely to supply power to Kyrgyzstan via Kazakhstan, Uzbekistan – minister

BISHKEK: Azerbaijan will be able to supply Kyrgyzstan with energy through Kazakhstan and Uzbekistan, Kyrgyz Energy Minister Taalaibek Ibraev said, Trend reports.

According to the minister, Azerbaijan is currently constructing energy lines with Kazakh…

ADB hits peak of climate finance – bank advisor

TBILISI: ADB has managed to reach the peak of climate finance, ADB Special Senior Advisor on Climate Change Warren Evans said during the panel discussion on ‘Financing Greener Value Chains in the CAREC (Central Asia Regional Economic Cooperation Progr…

Uzbekistan to establish International Commercial Court

BAKU: In the near future, the International Commercial Court will start operating in Uzbekistan under the International Center for Digital Technologies, President of Uzbekistan Shavkat Mirziyoyev said Trend reports.

He spoke during the III Tashkent I…

Uzbekistan, EBRD sign agreement on privatization of Asakabank

TASHKENT: Uzbekistan and the European Bank for Reconstruction and Development (EBRD) signed an agreement on the privatization of Asakabank, Trend reports.

According to the EBRD, pre-privatization support includes the transfer of know-how, technical a…

Feasibility study deadline of “green corridor” project from Azerbaijan to Europe set

TBILISI: The feasibility assessment for the “green corridor” project, which comprises running a cable under the Black Sea from Azerbaijan to Europe, is planned to be finished in July 2024, World Bank Regional Director for the South Caucasus Rolande Pr…

Kyrgyzstan uses just fraction of its hydroelectric potential – official

BISHKEK: Kyrgyzstan utilizes only 13 percent of its hydroelectric potential, Akylbek Japarov, the Chairman of the Cabinet of Ministers of Kyrgyzstan, said, during the panel session at the III Tashkent International Investment Forum, Trend reports.

“K…