The fundamentals for the Kazakh tenge to appreciate are in place, central bank chairman Grigoriy Marchenko said on Wednesday, citing rising oil prices and improving current account.
The fundamentals for the Kazakh tenge to appreciate are in place, central bank chairman Grigoriy Marchenko said on Wednesday, citing rising oil prices and improving current account.
Tolerance — major vitality resource of Kazakhstan has become a subject of testing. The specificity of our country is the high level of tolerance; it's impossible to speak of any normal country development without it. Tolerance is the most important element of state safety for Kazakhstan. Kazakhstani tolerance started to give failures at the very inappropriate moment.
The arrested Kazatomprom ex president Mukhtar Djakishev, who led the national uranium company, Kazatomprom, for nearly a decade and practically turned it into one of the world leading producers, believes that Russia is obstructing the development of the Kazakh nuclear sector.
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.
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.