Kazakhstan may introduce requirements for foreign companies to use domestic banks for banking services and local insurers for insurance services, central bank chairman Grigoriy Marchenko said on Wednesday.
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Supporters of leading Kazakh human rights activist Yevgeny Zhovtis say his case is politically motivated, RFE/RL's Kazakh Service reports.
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By Andrea Schmitz
On October 27, the European Union at its General Affairs and External Relations Council Meeting in Luxembourg decided, as expected, not to renew the sanctions imposed on Uzbekistan in the aftermath of the Andijan uprising in 2005. Ultimately, the case has revealed a profound lack of strategic thinking on the side of the EU and recalls an important lesson for European diplomacy: that sanctions are an instrument for gaining compliance, and that the latter is a matter of leverage – for both sides involved.
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He was paying millions to father and son Aliyevs - senior leaders of the former Soviet republic. Next trail should be KAZAKHGATE.
He was paying millions to father and son Aliyevs - senior leaders of the former Soviet republic. Next trail should be KAZAKHGATE.
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By Nariman Gizitdinov and Denis Maternovsky
Kazakhstan plans to offer its first foreign-currency bonds in a decade next year, joining Russia in seeking to lure back investors as rising energy prices spur the former Soviet region's economic recovery.
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Kazakhstan may limit foreign ownership of banks and other financial companies to reduce the risk of a credit crunch, central bank chairman Grigoriy Marchenko said on Tuesday.
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Italian aerospace and defense company Finmeccanica has signed a memorandum of understanding with a Kazakhstan sovereign wealth fund for a raft of cooperation deals.
