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Rakhat sweets. Photo © Yaroslav Radlovsky
Rakhat Confectionary to expand to China and South Korea

Rakhat, a major Kazakhstani confectionary company, plans to expand into foreign markets.

Rakhat Confectionary to expand to China and South Korea
India threatens WTO action over EU mango ban
India threatens WTO action over EU mango ban

India on Friday threatened to drag the European Union to the World Trade Organization over its ban on mango imports.

India threatens WTO action over EU mango ban
Asylzhan Mamytbekov © ortcom.kz
Kazakhstan to subsidize agro-industry

Kazakhstan will specify new terms of subsidizing agro-industrial projects before May 1 this year.

Kazakhstan to subsidize agro-industry
Photo courtesy of flickr.com
Stop importing food, support local producers: Kazakh Senator

Kazakhstani lawmaker Kozhakhmet Baimakhanov believes Kazakhstan can meet the demand for rice and flour without importing the goods.

Stop importing food, support local producers: Kazakh Senator
 Acting Minitser of Energy and Industry Osmonbek Artykbayev.Photo©kenesh.kg
Kyrgyzstan cuts electricity supply to Kazakhstan

Ministry of Energy and Industry of Kyrgyzstan announced that they will not export electricity to Kazakhstan in 2014 due to the shortage of water in the largest water reservoir of the country Toktogul.

Kyrgyzstan cuts electricity supply to Kazakhstan
 Minister of Economy and Budget Planning Erbolat Dosayev. Photo a courtesy of tengrinews.kz
Kazakhstan Government increases reserve fund by $250 million after tenge devaluation

Amid adjustments of microeconomic indicators for the year 2014 the Kazakhstan Government has revised its budget.

Kazakhstan Government increases reserve fund by $250 million after tenge devaluation
Flower market in Almaty city. ©Yaroslav Radlovsky
Kazakhstan imports $154 million worth of flowers a year

More than 263 million flowers - 20 thousand tons - totally worth about $154 million were imported to Kazakhstan in 2013.

Kazakhstan imports $154 million worth of flowers a year
Photo © RIA Novosty
Kazakhstan to cooperate with Vietnam in oil industry

Kazakhstan will cooperate with Vietnam in oil and gas.

Kazakhstan to cooperate with Vietnam in oil industry
Photo a courtesy of Tengrinews
Kazakh-Iran economic and trade cooperation to ease tension in the region

Iranian Deputy Minister Valiola Afkhami visited Astana to meet with his Kazakhstani counterpart at the 3rd sitting of the Kazakh-Iranian Working Group on Trade and Economic Cooperation.

Kazakh-Iran economic and trade cooperation to ease tension in the region
Albert Rau. Photo a courtesy of Tengrinews.kz
Minister of Industry opposes closure of economic zones in Kazakhstan

The Ministry of Industry and New Technologies of Kazakhstan is trying to dissuade the Government from closing Special Economic Zones.

Minister of Industry opposes closure of economic zones in Kazakhstan
©Reuters/Sukree Sukplang
Japan asks WTO to intervene on S.Korean atomic fish ban

Japan has asked the World Trade Organisation to step into a row over Seoul's import ban on fish caught in waters near the crippled Fukushima nuclear plant, officials said Tuesday.

Japan asks WTO to intervene on S.Korean atomic fish ban
© RIA Novosti
Kazakhstan to minimize oil imports and meet domestic demand by 2020: Oil and Gas Minister

In 2014 Kazakhstan is expected to produce 83 million tons, with the figure to be brought up to 110 million tons in 2018.

Kazakhstan to minimize oil imports and meet domestic demand by 2020: Oil and Gas Minister
©REUTERS/David McNew
China set to become world's biggest net oil importer

China is set to overtake the United States to become the world's largest net oil importer from October, according to US figures.

China set to become world's biggest net oil importer
Gambia's President Al Hadji Yahya Jammeh. ©REUTERS/Carlos Garcia
Gambia to ban rice imports from 2016: president

Gambian President Yahya Jammeh said Sunday the west African country would ban rice imports from 2016, in a bid to boost demand for local produce and move towards self sufficiency.

Gambia to ban rice imports from 2016: president
Venezuela moves to relieve toilet paper shortage
Venezuela moves to relieve toilet paper shortage

Venezuela's National Assembly on Tuesday approved a $79 million credit to import toilet paper and other personal hygiene products to relieve shortages in the petroleum-rich state.

Venezuela moves to relieve toilet paper shortage
Photo courtesy of kolesa.kz
Kazakhstan bans import of cars manufactured before 2005

Euro-4 ecological standard will be introduced at the territory of Kazakhstan on July 1, 2013.

Kazakhstan bans import of cars manufactured before 2005
Photo courtesy of munaigaz.kz
Kazakhstan mulls restricting oil products import from Russia in 2013

Kazakhstan might restrict import of oil products from Russia until the end of 2013.

Kazakhstan mulls restricting oil products import from Russia in 2013
Venezuela's Economy Minister Jorge Giordani. ©REUTERS/Edwin Montilva
Venezuela move seen as currency devaluation

A Venezuelan government foreign currency auction for local importers has triggered a de facto currency devaluation, the second in less than 50 days.

Venezuela move seen as currency devaluation
©RIA Novosti
Increasing import duties will not save our milk producers: Kazakhstan Consumers League

The Council of Eurasian Economic Commission (EEC) made a decision to increase import duties on some types of dairy products from 15 to 18.3 percent.

Increasing import duties will not save our milk producers: Kazakhstan Consumers League
Photo by Tengrinews©
Extermination of sick cows started in North Kazakhstan

Kazakhstan veterinary services will exterminate 700 Simmental cows diagnosed with virus diarrhea and Schmallenberg virus.

Extermination of sick cows started in North Kazakhstan