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President Nazarbayev meets President of CITIC Group Tian Guoli During the visit I got convinced that Kazakhstan does have a favorable legal framework for foreign investments: Tian Guoli.

28 September 2011

President Nazarbayev meets Wu Bangguo, Chairman of the Standing Committee of NPC Wu Bangguo has been on its first official visit to Kazakhstan since September 24 on the invitation of the Kazakhstan Senate Speaker Kairat Mami.

27 September 2011

JV with RusAgroTrans of Russia to export grain to be launched by the end of the year Besides, KazakhstanTemirZholy National Railways Operator has signed agreements with other companies to rent a total of 5 500 grain railway cars.

27 September 2011

Domestic demand for fuel to be met in December 2014: PM Massimov Tengrinews.kz reported that In January – July 2011 petrol production in Kazakhstan had dropped 16% as compared to the like period of 2010.

27 September 2011

Kazakhstan plans to export over 10 million tons of grain: Agriculture Minister According to him, contracts have been signed for exports of 1.3 million tons of grain. Only 300 tons have been supplied so far.

27 September 2011

Retail price ceiling for fuel will not be raised in October: Oil and Gas Minister On Monday, September 26, Minister Mynbayev said that Kazakhstan would import 50 000 tons of high-octane petrol from the neighboring Russia to help combat fuel shortages.

27 September 2011

Kyrgyz-Kazakh investment fund worth $100 million to be launched late October in Bishkek It is expected to invest into major industries of Kyrgyzstan.

27 September 2011

Economy growth to make up 3-4% in case of pessimistic scenario In case oil stands at 60%, the growth rate figure will make up 5-6%: Economic Development Minister Kairat Kelimbetov.

26 September 2011

Massimov reported to Nazarbayev on grain harvest Kazakhstan President Nursultan Nazarbayev met with Prime-Minister Karim Massimov to discuss grain harvesting progress.

26 September 2011

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All the grain bumper harvest can be saved: Agriculture Minister Kazakhstan may harvest up to 25 million tons of grain [in bunker weight] this year. However, KazakhstanTemirZholy Railways Operator does not have enough grain carriers, and some grain producers have been talking of shortage of grain elevators to accommodate all of the grain.

26 September 2011

Rambler banner ads available to Kazakhstan-based businesses Interactive Media Group promoting Internet advertisement opportunities in Kazakhstan now offers an opportunity to advertise locally to people searching on Rambler, a Russian search engine and one of the biggest Russian web portals.

26 September 2011

Minister of Economic Development Kairat Kelimbetov on benefits of integration If we analyze trade relations among post-Soviet states, trade turnover of Kazakhstan with Russia and Belarus has grown twofold in 2010-2011: Kelimbetov.

26 September 2011

Trade turnover between Kazakhstan and China may reach $40 billion by 2015 According to the Majilis (lower chamber) Speaker, for the last decade the trade turnover between the two nations has grown twelvefold.

26 September 2011

Kazakhstan won’t be exporting grain to Iran In 2010 Iran introduced ban on imports of 20 agricultural produce items, including wheat and rice.

23 September 2011

Kazakhstan may harvest up to 25 million tons of grain: Agriculture Ministry As of today the country has harvested a total of 20 million tons. Harvesting is over in 77% of the area under crops.

23 September 2011

President Nazarbayev reiterates readiness of Kazakhstan to accommodate nuclear fuel bank According to him, all the nuclear facilities in the territory of Kazakhstan are scrutinized by the International Atomic Energy Agency.

23 September 2011

Interior Minister suggests abolishing obligatory driving courses If someone is capable to get prepared for the driving test and the traffic rules competency test on his or her own, we are ready to let these people do without the obligatory driving test: Minister.

22 September 2011

Tengizchevroil pays penalty for gas flaring Oil production output at Tengiz in 2010 made up 26 million tons.

22 September 2011

BAE Systems may sell part of its stake in Air Astana within People’s IPO No final decision has been taken yet. However, it is clear that Samruk-Kazyna Sovereign Wealth Fund will retain its majority stake: Peter Foster, Air Astana President.

22 September 2011