Central Asia

The Board of Executive Directors of International Monetary Fund (IMF) held meeting in Tashkent on July 14 dedicated to discussions of the IMF personnel's report on the outcomes of consultations with the Republic of Uzbekistan in line with the article IV of the IMF Charter in 2008.

A delegation of Chelyabinsk region will attend the Russian national exhibition in Ashgabat from August 29 to 31, the UralPolit.ru information agency reports.

IFC, a member of the World Bank Group, has launched the Central Asia and Azerbaijan Mortgage Lending Advisory Project, which focuses on serving the banking sector in Azerbaijan, Kazakhstan, Kyrgyzstan, and Tajikistan.

The Kazakh subsidiary of Russia's Vimpelcom has gained state permission to use the higher-quality GSM-1800 frequency in the Central Asian state, the company said on Monday.

Baltic Beverages Holding (BBH) will invest 15 million euro to develop a brewery in Uzbekistan, Yevgeny Shevchenko, general director of the Sarbast Plus LLC, a joint venture in which BBH is the majority owner.

Russian gas giant Gazprom has signed an agreement with Turkmenistan raising the price it pays for gas from the Central Asian nation starting in 2009, a company spokesman told AFP on Friday.

Russian Railways OJSC will invest 112 billion roubles in development of infrastructure to increase the volume of transportation with Central Asian countries.

Russian gas giant Gazprom has signed an agreement with Turkmenistan raising the price it pays for gas from the Central Asian nation starting in 2009.

Iran’s Power Industry Syndicate and Kazakhstan's Electricity Grid Operating Company (KEGOC) have signed a memorandum of understanding to boost cooperation, reported Teheran Times.

Tax inspection workers enlarged city budget of Nukus city on 227 million sums (approximately US $ 172494) from the beginning of this year.