import site.news_by_theme

Oil pipes. ©REUTERS / Sergei Karpukhin
Ukraine adds Russian oil import ban to growing trade war

Ukrainian Prime Minister Arseniy Yatsenyuk intends to introduce a ban on oil product imports from Russia.

Ukraine adds Russian oil import ban to growing trade war
©Turar Kazangapov
Tenge depreciation not enough to help Kazakh exporters

In spite of a massive depreciation of the Kazakh tenge, further measure need to be taken to help the domestic manufacturers in Kazakhstan.

Tenge depreciation not enough to help Kazakh exporters
©Turar Kazangapov
Kazakh tenge real exchange rate down by 24.7% in 2015

National Bank of Kazakhstan released data on Kazakh tenge real exchange rate against the currencies of Kazakhstan's major trade partners.

Kazakh tenge real exchange rate down by 24.7% in 2015
Photo© Turar Kazangapov
Current tenge exchange rate is adequate: Kazakhstan central bank Governor

Governor of the National Bank of Kazakhstan Kairat Kelimbetov sees the current tenge exchange rate as adequate under the circumstances.

Current tenge exchange rate is adequate: Kazakhstan central bank Governor
Photo © Turar Kazangapov
Petrol prices in Kazakhstan depend on Russian ruble: Shkolnik

Kazakh Minister of Energy Vladimir Shkolnik says that the price for petrol in Kazakhstan will depend on the Russian ruble.

Petrol prices in Kazakhstan depend on Russian ruble: Shkolnik
Heads of the EEU member states: Serj Sargsyan, Alexander Lukashenko, Nursulatn Nazarbayev, Almazbek Atambayev and Vladimir Putin. Photo © kremlin.ru
Kazakh-Kyrgyz boarders opened with Kyrgyzstan's accession to EEU

The President of Kazakhstan Nursultan Nazarbayev and Almazbek Atambayev, President of Kyrgyzstan, have opened the customs border between the two countries.

Kazakh-Kyrgyz boarders opened with Kyrgyzstan's accession to EEU
Russian outcry over plan to destroy smuggled Western foods
Russian outcry over plan to destroy smuggled Western foods

Russians hit out against government plans to destroy hundreds of tonnes of Western food smuggled into the crisis-hit country.

Russian outcry over plan to destroy smuggled Western foods
Putin extends Western food ban for one year
Putin extends Western food ban for one year

Russian President Vladimir Putin extended a ban against most Western food imports for a year, saying the longer-than-expected measure would ensure the country's security.

Putin extends Western food ban for one year
Russia to ban fish imports from Latvia, Estonia
Russia to ban fish imports from Latvia, Estonia

Russia is to ban fish imports from the Baltic states of Latvia and Estonia, its food safety watchdog said Friday, citing violations.

Russia to ban fish imports from Latvia, Estonia
©RIA Novosti
Ban of Russian fuel will not cause deficit in Kazakhstan: KazMunaiGas

Kazakhstan has introduced a 45-day ban on import of fuel from Russia. Some are worried that this will be the beginning of a new fuel deficit in the Central Asian economy. KazMunaiGas has a different view.

Ban of Russian fuel will not cause deficit in Kazakhstan: KazMunaiGas
Turar Kazangapov ©
Kazakhstan to introduce ban on imports of gasoline and diesel fuel

The measure will have no impact on the price of fuel. The Energy Ministry has set price ceilings for both gasoline and diesel fuel: Vice Minister of Energy.

Kazakhstan to introduce ban on imports of gasoline and diesel fuel
Bakytzhan Sagintayev. Photo courtey of ortcom.kz
Kazakhstan officially denies intent to restrict Russian imports

First Deputy Prime Minister of Kazakhstan has officially refuted the reports suggesting that the largest Central Asian economy was intending to ban or limit imports from Russia.

Kazakhstan officially denies intent to restrict Russian imports
Photo courtesy of agroinfo.com
Kazakhstan may restrict Russian imports: media

Media reports suggest that Kazakhstan may resort to restricting Russian imports due to the pressure its domestic market from the significantly cheaper products offered by its Northern neighbour.

Kazakhstan may restrict Russian imports: media
Voxpopuli.kz ©
Imports of Russian products to Kazakhstan to be discussed at special bilateral meeting

The time of the meeting is to be shortly agreed on, according to Andrei Slepnev, Minister of Trade of the Eurasian Economic Committee.

Imports of Russian products to Kazakhstan to be discussed at special bilateral meeting
Photo courtesy of roscontrol.com
Calls to ban Russian imports voiced in Kazakhstan

Kazakhstani enterprises find themselves under increasing pressure with cheap products being imported from Russia. Some are calling for customs duties on the border between the Kazakhstan and Russia to be reintroduced.

Calls to ban Russian imports voiced in Kazakhstan
Photo © RIA Novosti
Kazakh National Fund grows despite drop in oil prices: Minister of Finance

Despite the drop in oil prices, Kazakhstan’s National Fund continues to grow.

Kazakh National Fund grows despite drop in oil prices: Minister of Finance
Russia’s Foreign Minister Sergei Lavrov. RIA Novosti
Concerted actions of Customs Union in response to sanctions against Russia are not excluded: Russia’s Foreign Minister

According to him, The legislation framework of the Customs Union enables its member states to take concerted actions in response to economic pressure exerted on any of the member states by a third party.

Concerted actions of Customs Union in response to sanctions against Russia are not excluded: Russia’s Foreign Minister
Photo courtesy of novogurovskiy.tulobl.ru
Kazakhstan to meet domestic demand for cement shortly

According to Vice Minister for Investments and Development, Kazakhstan has a vast cement production potential, however in the current year the country has imported over 1 million tons of cement.

Kazakhstan to meet domestic demand for cement shortly
Photo © RIA Novosty
Russian ruble fall has little effect on Kazakhstan economy: IMF

Kazakhstan is not strongly influenced by the changes in the currency rate of the Russian ruble.

Russian ruble fall has little effect on Kazakhstan economy: IMF
©HHLA
Russia cannot limit food transit from EU to Kazakhstan: Vice Minister of National Economy

Russia may try to impose limitations on food transit from the European Union to Kazakhstan to prevent re-export of goods to Russia.

Russia cannot limit food transit from EU to Kazakhstan: Vice Minister of National Economy