news roundup

News Roundup - May 7, 2008

energy:

Kazakhstan’s KazMunaiGas mulls $2.5 billion loan

(Reuters) - Kazakh state oil and gas firm KazMunaiGas [KMG.UL] is considering raising a $2.5 billion syndicated loan, a banking source told Reuters on Tuesday…

Kazakhstan, Japan team up on nuclear

(UPI) - Kazakh Energy and Mineral Resources Minister Sauat Mynbayev and Japanese Deputy Economy, Trade and Industry Minister Kanae Yamamoto signed the memorandum of understanding on strategic partnership in peaceful uses of atomic energy…

Arawak Energy “sector outperform,” target price raised

(newratings.com) - Analysts at Peters & Co maintain their “sector outperform” rating on Arawak Energy Corp (AHB). The target price has been raised from C$4.70 to C$4.85…

Azerbaijani minister remarks on cooperation with Kazakhstan

(BBC Monitoring Central Asia/Red Orbit) - Commenting on economic cooperation between Azerbaijan and Kazakhstan, the Azerbaijani minister of economic development, Heydar Babayev, has said that a parallel oil pipeline in addition to the Baku-Tbilisi-Ceyhan is possible and feasible…

business and economy:

Kazakhstan to simplify labyrinthine customs rules

(Reuters) - Kazakhstan plans to simplify export and import regulations which the World Bank has labelled as the world’s most complicated, the government said on Tuesday…

Prime Minister wants customs regulations simplified (Interfax)

Kazakhstan wants new and renovated roads

(neweurasia.net) - The Kazakh government will seek investors to build or maintain 1,000 kilometers (620 miles) of roads at a projected cost of 541 billion tenge ($4.5 billion) in exchange for operating concessions, the Transportation Ministry said…

Kazakhstan insurance report Q1 2008 states that relative to other countries in the region the absolute growth in non-life premiums expected in 2007-2012 is quite large (Business Wire)

Kazakhstan’s government simplified procedures for small business (Interfax)

Turkish, Kazakh ministers view economic relations (BBC Monitoring European/Red Orbit)

Berlin opens Kazakh-German economic forum (Kazinform)

Glassworks to be built in Shymkent (Kazinform)

National Bank of Kazakhstan: Exchange rates May 7, 2008 (Kazinform)

Indicators - May 6, 2008

(Reuters) - Kazakhstan’s economic indicators based on data provided by the State Statistics Agency, government institutions, the central bank and exchanges…

politics:

The case of KTZh’s ex-chief should be investigated by KNB – lawyer

(Interfax) - “We have asked the Prosecutor General’s Office to transfer the Kulekeev case to KNB because we strongly doubt that the investigation by the financial police will be unbiased,” Musin told a Tuesday press conference in Almaty…

Kazakh, Russian FMs discussed agenda of 1st Medvedev’s visit to Kazakhstan (Kazinform)

OSCE Centre supports parliamentary development in Kazakhstan (TREND)

Kazakh Leader visited Astana military unit (Kazinform)

society:

Kazakhstan: “A Law on Non-Freedom of Conscience”

(Forum 18) - Leaders of many religious communities have expressed serious concerns – in some cases without wishing to speak publicly - to Forum 18 News Service about active proposals in parliament to harshen the Religion Law and a number of other laws…

analysis:

Uzbek president’s visit to Astana exposed existence of a serious obstacle on the road to a Central Asian alliance

(Ferghana.ru/Turkish Weekly) - Uzbekistan has always been skeptical of Nursultan Nazarbayev’s integration initiatives. Neither does the president of Uzbekistan conceal his suspicions with regard to the true intents of the Kazakh leaders, believing them to be after regional leadership…

Visit of president of Uzbekistan Islom Karimov to Kazakhstan

(Eurasian Home Analytical Resources) - On April 22-23, 2008 President of Uzbekistan Islom Karimov was on an official visit to Kazakhstan, which is of great importance to the development of the mutually beneficial cooperation of the two countries…

Alieyv casts a long shadow over Kazakh intelligence

(Eurasia Daily Monitor) - Amangeldy Shabdarbayev, Chairman of Kazakhstan’s National Security Committee (KNB), has confirmed continuing concern about the infamous case of Rakhat Aliyev, while trying to give a positive image of the KNB working closely with the Russian Federal Security Service (FSB) to tackle serious security threats…

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