The Eurasian Economic Union, according to the former head of the KazMunaiGas Lyazzat Kiinov, will have a positive effect on the situation with petrol in Kazakhstan.
In winter Kyrgyzstan used to rely on its own power capacities, however this year Kyrgyzstan is facing an unprecedented shortage of power. The estimated shortage this coming winter stands at around 2 billion kilowatt-hours.
The situation in Ukraine was among the issues on the agenda at the talks in Belgium between Kazakhstan’s President Nursultan Nazarbayev and José Manuel Barroso, President of the European Commission.
The railway link Uzen (Kazakhstan) – Kyzylkaya – Bereket – Etrek (Turkmenistan) – Gorgan (Iran) totals 934.5 km, with the longest part (722.5 km) running across Turkmenistan. The Kazakhstan’s section makes up 130 km, with the other 82 km running across Iran.
According to her, Kazakhstan does have certain unemployment-related issues. But we are more focused on raising the quality of labor force at the present stage.
According to him, Kazakhstan’s Central Bank and the Government are thinking of preventive measures, trying to understand the prospects of the Russia's national currency.
Amidst sanctions standoff between the West and Russia, Kazakhstan is concerned with the lack of its own payment system. Experts comment on possibilities and limitations in introducing such a system.