Why Kazakhstan joined new investment partnership with Uzbekistan, US

The governments of Kazakhstan, Uzbekistan, and the United States have launched the Central Asia Investment Partnership under the umbrella of the C5+1 format, in order to promote private-sector growth and strengthen regional economic cooperation, The Diplomat writes in the article Why Kazakhstan Joined New Investment Partnership With Uzbekistan, US. The new initiative comes at a time when Kazakhstan is looking to diversify its economy to deal with the effects of the coronavirus pandemic and achieve its long-term goal of becoming one of the most developed nations by 2050

Biden is angry: China and EU are becoming interdependent

China and the EU appear to have resolved their differences over protecting labour rights in China and are set to sign a long-delayed investment agreement on Wednesday likely to make the economies of the two blocs more interdependent, The Guardian writes in the article China and EU poised to sign long-delayed investment deal. The investment talks have centred on opening up Chinese markets for European investment, as well as addressing Chinese practices opposed by the EU concerning industrial subsidies, state control of enterprises and forced technology transfers

Foreign investment in Russian companies almost stops

Direct foreign investments in Russia’s non-banking sector during Q1 2020 reached only $0.2 billion, according to data from the Central Bank. For comparison, that figure in Q1 2019 was $10.3 billion, making for a more …

Russia capital investment increases

Russia’s capital investment in 2019 increased 1.7% in year-on-year terms to 19.3 trillion rubles ($294.1 billion), the Federal Statistics Service said today. According to the statistics service Rosstat, in the fourth quarter …

Krasnodar becomes investment record holder

Krasnodar overtook the neighbors in the federal district in terms of investment activity, becoming the best among the cities of the Southern Federal District. The regional capital bypassed Rostov-on-Don and Volgograd in 18 out of 34 …

Investments in Georgia decreased by 17%

According to the data published by the National Statistics Service, from January to September, the volume of investments in Georgia amounted to $ 908.9 mln, which is 17% less than last year. At the same time, Turkey, Great Britain, USA, …