Stories related to telecommunications and transport links.
On Wednesday (10 May), KazTransOil, the national oil transporter of Kazakhstan, announced a substantial increase in oil exports via Aktau Port to Baku, Azerbaijan.
According to the company's press service, the export volume surged by 75% in April, reaching 152,400 tons, compared to the previous month's 87,000 tons. In April, KazTransOil also shipped 160,200 tons of oil from Aktau Port to Makhachkala Port, in Russia.
The overall volume of Kazakh oil transported for export from Aktau Port increased by 24%, totaling 600,500 tons.
Kazakhstan and Azerbaijan have agreed to increase cultural cooperation, reports The Astana Times on Tuesday (9 May).
Kazakh Minister of Culture and Sports Askhat Oralov announced last week that his country intends to strengthen cultural ties with Azerbaijan and other Turkic countries through the Organization of Turkic States and the International Organization of Turkic Culture.
The European Commission and the European Investment Bank (EIB) have announced a funding package worth €18bn to boost investments in climate action and sustainable economies, the European External Action Service (EEAS) reports.
In a press release, EEAS say that, "this will boost investment in Global Gateway's priority areas – climate action, clean energy and connectivity – in Europe's partner countries around the world. In particular, these projects will aim to help bridge the global climate finance gap and support prevention, adaptation and mitigation."
Trade turnover between China and Central Asian states grew by 31.9% in 2022, Kazakh Deputy Prime Minister and Minister of Trade and Integration Serik Zhumangarin announced on Tuesday (18 April).
Mr Zhumangarin was speaking in an online meeting leading up to the upcoming China+Central Asia (C+C5) Summit in the Chinese city of Xi’an in May.
The online meeting was also attended by the trade and economy ministers of China, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.