Economy

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  Economy

  2020-10-19

  China refuses to defer Kyrgyzstan’s massive debt despite COVID-19 crisis

  If Central Asian countries can't pay off an accrued debt, mineral assets and territory will in all likelihood be transferred to China, which a few countries in the region have already done.

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  Economy

  2020-10-09

  Kremlin's economic 'aid' to Belarus echoes strategy to control Central Asia

  Moscow's 'generosity' always come at a price, observers say, as Putin's newest moves in Belarus are similar to those aimed at controlling resources and making ex-Soviet states dependent.

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  Economy

  2020-09-16

  Plans for border city, trade centre mark latest Kazakh-Uzbek co-operation

  A new Uzbek satellite city in Tashkent Province and Kazakh-Uzbek trade centre straddling the border will lead to closer trade relations between the two countries, observers say.

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  Economy

  2020-09-02

  Steep losses at Aeroflot, Gazprom highlight Russia's economic malaise

  Central Asian migrants have been leaving Russia amid the worsening living and working situation.

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  Economy

  2020-08-24

  Kremlin import duty puts squeeze on Kazakh packaging manufacturers

  The import duty, if enacted, would make it unprofitable for packaging manufacturers in Kazakhstan to buy raw materials from countries outside the Russian-dominated Eurasian Customs Union.

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  Economy

  2020-06-17

  Kyrgyzstan considers boycotting EEU as promises of economic benefit fade

  Kyrgyz businesses have encountered many hardships since joining the union, including escalating competition with cheap Russian goods and the hindrance of exports.

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  Economy

  2020-06-10

  World Bank issues warning over food supply collapse in Central Asia

  The COVID-19 coronavirus pandemic is created havoc in many countries around the world, but the international organisation is particularly worried about food issues in Central Asia.

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  Economy

  2020-06-01

  Moscow floods Libya with counterfeit currency in support of military strongman

  The Kremlin is attempting to set up a parallel central bank in Libya and is using a state-owned company based in Russia to print the counterfeit currency.

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  Economy

  2020-06-01

  Tajikistan ramps up production of medical masks amid coronavirus pandemic

  Tajikistan's garment factories are producing masks and protective suits for domestic needs and European partners.

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  Economy

  2020-05-18

  Russia abandons agreement to help fund key Kyrgyz economic sector

  The $260 million was part of the Russian-Kyrgyz Development Fund meant to help struggling Kyrgyz farmers. Moscow instead is investing the money into securities inside Russia.