Documents on Relations and Cooperation Signed between Mongolia and Turkmenistan

At the invitation of President of Turkmenistan Serdar Berdimuhamedow, President of Mongolia Khurelsukh Ukhnaa is paying a State Visit to Turkmenistan on October 10-13, 2024. During the State Visit, the following documents were signed. -Minister of Road and Transport of Mongolia Delgersaikhan Borkhuu and Chairman of the Agency “Turkmenhowayollary” [Turkmen Airlines] of the Agency for […]

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Uzbekistan President Mirziyoyev called for innovation and economic cooperation at the CIS summit

The President of Uzbekistan Shavkat Mirziyoyev introduced a series of initiatives aimed at enhancing economic cooperation and technological development among CIS member countries during the CIS summit held in Moscow on October 8. The summit, chaired by Russian President Vladimir Putin, was attended by leaders from Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Armenian Prime Minister […]

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Putin in Turkmenistan to attend international forum

Russian President Vladimir Putin arrived in Ashgabat, the capital of Turkmenistan, to join the international forum. During the visit, Putin will participate in the international forum titled ‘Interrelation of Times and Civilizations-Basis of Peace and Development’. The Russian President will meet Iran’s President Masoud Pezheshkian on the sidelines of the international forum. This year’s international […]

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Uzbekistan eyes to complete transition to wholesale power and gas market in 2027-2028

Uzbekistan Deputy Prime Minister/Minister of Economy and Finance Jamshid Kuchkarov spoke about Uzbekistan’s plans to complete the transition to the wholesale electricity and gas market at the St. Petersburg International Gas Forum Thursday. “We must reliably supply the households and economic entities with natural gas. Of course, we have our own production, but at the […]

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“S&P” Upgrades Mongolia’s Credit Rating to “B+”

The Ministry of Finance of Mongolia announced on October 4, 2024, that the “S&P” international agency upgraded Mongolia’s credit rating to “B+ Outlook positive.” The Fitch Ratings international agency upgraded Mongolia’s credit rating to “B+” two weeks ago, announcing that the upgrade was due to the country’s reduced debt burden, improved fiscal discipline, consistent increase […]

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Electricity tariff for non-domestic consumers increased in Kyrgyzstan

Electricity tariff for non-domestic consumers was increased in Kyrgyzstan. The Chairman of the Cabinet of Ministers Akylbek Japarov signed the corresponding decree. Non-domestic consumers will pay for electricity at a rate of 376.7 tyiyns per 1 kilowatt-hour, excluding taxes. The document notes that «the decision was made in order to ensure reliable and uninterrupted supply of electricity to consumers in conditions of shortage, as well as to ensure reimbursement of costs of electricity […]

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President of Mongolia Khurelsukh Ukhnaa to Pay a State Visit to Turkmenistan

At the invitation of President of Turkmenistan Serdar Berdimuhamedow, President of Mongolia Khurelsukh Ukhnaa will pay a State Visit to Turkmenistan on October 10-13, 2024. This will be the first State Visit between the two countries since the establishment of diplomatic relations between Mongolia and Turkmenistan in 1992. During the State Visit, President Khurelsukh will […]

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Under the pretext of phytosanitary concerns, Russia halts the export and transit of grain from Kazakhstan

Russia has effectively stopped the export and transit of Kazakh grain.  The Federal Service for Veterinary and Phytosanitary Supervision of Russia (Rosselkhoznadzor) requested that Kazakhstan suspend the issuance of phytosanitary certificates for grain and its processed products, sunflower seeds, and other agricultural crops exported to Russia, Fergana reports, citing Kazakh media. Kazakhstan’s Ministry of Agriculture received this […]

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Mongolia and the US Hold Dialogue on Investment in Clean and Renewable Energy

Mongolia and the United States of America held an Energy Dialogue on October 1, 2024, at the Ministry of Foreign Affairs of Mongolia in Ulaanbaatar. The dialogue was attended by State Secretary of the Ministry of Foreign Affairs Munkhtushig Lhanaajav, State Secretary of the Ministry of Energy Tavinbekh Nansal, and Acting State Secretary of the Ministry of […]

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Kazakhstan Successfully Issues Eurobonds Worth $1.5 Billion

Kazakhstan has successfully issued a $1.5 billion 10-year bond with a coupon rate of 4.714%, marking its first return to the U.S. dollar-denominated eurobond market since 2015, the Finance Ministry’s press service reported on Oct. 4. The transaction followed a one-day virtual roadshow, accessible only to countries with high investment ratings, attracting over 100 investors […]

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