... US$ 500 million is a blank cheque for Uzbekistan to spend however it wishes, the 250 million with CDB for support Chinese SMEs to bring technology transfers to Uzbekistan. This development is mirrored in the recent creation of a new
US$ 500 million Kazakhstan-China Eurasian Nurly Fund
and the
Russia-China Investment Fund
, a US$ 225 million fund denominated in RMB established principally by the sovereign wealth fund Russian Direct Investment Fund and China Investment Corporation. These funds are designed to support ...
... Meanwhile, challenges to security across Central Asia have a big knock-on effect in Kazakhstan, and their effect will only grow in future. That is why partnership with key global and regional players makes both economic and political sense for Kazakhstan. Eurasia’s transformation will test the strength of Kazakhstan’s economy and system of government. Russia and China are natural allies of Kazakhstan in sponsoring economic development and guaranteeing security.
The rise of radicalism and Islamic extremism, and the potential for political destabilization, are risks that threaten all the region’s governments ...
... Relations, the Russian Council on Foreign Affairs, as well as the Foundation of the First President of the Republic of Kazakhstan – the Leader of the Nation took part in this work. The Report was presented on April 17 in Astana, at the “Creating Eurasia: “Silk Road Economic Belt” international conference. Over 40 experts from Russia, China, Kazakhstan, Kyrgyzstan, Iran and Turkey took part in the discussion.
The Report analyzes the prospects for Russia’s participation in the PRC initiative that aims to establish the “Silk Road Economic Belt” – the network of land ...