By Stephen M. Bland Kyrgyzstan says it is close to ending a near two-decade ban that has kept its airlines off European routes, after President Sadyr Japarov said the country has reached a “critical point” in efforts to leave the European Union’s air safety blacklist. The comments come as Kyrgyz officials push for international recognition […]
Read MoreUzbekistan exported goods worth $1.3 billion to Afghanistan between January and November this year, making Afghanistan the country’s third-largest export destination, data from Uzbekistan’s national statistics committee showed. Russia remained Uzbekistan’s top export market during the period, importing about $4 billion worth of goods, followed by China with $1.9 billion, the committee said. Uzbekistan’s total […]
Read MoreRIYADH: Saudi utility giant ACWA Power has signed a public-private partnership agreement valued at SR1.5 billion ($400 million) to develop Azerbaijan’s first large-scale Caspian Sea water reverse osmosis desalination plant. In a Tadawul statement, ACWA Power said the agreement was signed with the government of Azerbaijan, represented by the Azerbaijan State Water Resources Agency as […]
Read MoreChina on Saturday passed revisions to a key piece of legislation aimed at strengthening Beijing’s ability to wage trade war, curb outbound shipments from strategic minerals to sex dolls, and further open its $19 trillion economy. The latest revision to the Foreign Trade Law, approved by China’s top legislative body, will take effect on 1 […]
Read MoreBy Finbarr Bermingham in Brussels Late last year, as European Commission President Ursula von der Leyen began her second term in office, a giant purple banner was draped over the side of the EU executive arm’s headquarters, declaring: “United for our Future, 2024-2029.” While unity among the EU’s 27 member states has always been elusive, […]
Read MoreChina on Thursday split off a Belgium-sized island with an economy comparable to a mid-ranked country from the mainland for customs processing, part of a bid to join a major trans-Pacific trade deal and establish a new Hong Kong-style commercial hub. Officials hope that turning the southern province of Hainan into a duty-free zone will […]
Read MoreBy Jevans Nyabiage Just days after Chinese ambassador Yang Renhuo met Guinea-Bissau’s President Umaro Sissoco Embalo to donate airport security inspection equipment, the West African nation was hit by a military coup that ousted Embalo. The November 26 coup marked yet another military takeover along Africa’s “coup belt”, adding Guinea-Bissau to nations like Mali, Burkina […]
Read MoreMexico has imposed steep new tariffs on a wide range of Asian imports, marking a sharp break from its long-standing pro-free-trade approach — and putting India among the key exporting nations affected by the move. In a significant policy shift, Mexico’s Senate has approved a new tariff regime that raises duties, in some cases up […]
Read MoreBy Fariza Kalimurzina The Asian Development Bank (ADB) has revised its outlook for the economies of Central Asia and the Caucasus by raising its growth forecast for 2026 The new figures released by the Bank predict a 5.8% growth, up from the previously estimated 5.5%. According to the updated assessment, the region’s combined GDP is […]
Read MoreBy Poojathmi Rivithma The United Nations and humanitarian partners have launched a Humanitarian Priorities Plan (HPP), seeking USD 35.3 million (LKR 10.9 billion) to scale up life-saving assistance for communities affected by Cyclone Ditwah in Sri Lanka. UN Resident Coordinator in Sri Lanka, Marc-André Franche, said the plan aims to support 658,000 of the most […]
Read More
