Uzbekistan exports $1.3 billion worth of goods to Afghanistan

Uzbekistan 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 […]

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ACWA Power inks $400m deal to develop desalination plant in Azerbaijan

RIYADH: 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 […]

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After year of shocks, EU faces crunch talks on Ukraine, China and its economic future

By 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, […]

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India signs free trade deal with Oman, expands footprint in Gulf region

NEW DELHI: India signed a free trade agreement with Oman on Thursday, marking its second such deal with a Gulf Cooperation Council country and expanding its economic presence in the region. The Comprehensive Economic Partnership Agreement was signed by Commerce Minister Piyush Goyal and Qais bin Mohammed Al-Yousef, ‘s minister of commerce, during Prime Minister […]

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Steppe in the right direction? ‘Japan is back’ in Central Asia with new summit

By Maria Siow Japan will host the leaders of five Central Asian countries in Tokyo this week, a meeting analysts say is meant to show that “Japan is back” as an active player in a region where global powers are competing for influence, minerals and transport routes. The summit with Kazakhstan, Uzbekistan, Tajikistan, Kyrgyzstan and […]

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How will China respond to latest West Africa coup as economic footprint expands?

By 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 […]

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