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afghanistan

First international fibre optic cable from Afganistan


The link would transform Afghanistan into a regional hub for Internet, telephone, television and other services.

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afghanistan

Afghanistan to Receive $40 Million for Elections


The current global economic crisis has many countries developing new ways to save money, but fortunately for the government of Afghanistan, that does not mean that they are refraining from continuing their financial support of their elections. U.S. Secretary of State Hillary Clinton announced on Monday that the U.S. Government will commit $40 million to aiding the elections that are to take place in Afghanistan this summer. The money will be used to vamp up security, as well as battle the rampant…

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turkmenistan

Turkmenistan Needs $5 Billion Annually to Stem Gas Output Drop


Turkmenistan needs at least $5 billion in aid to able to meet export commitments to China, Iran and Russia. The nation has reported a steady decline in natural gas production and the $5 billion a year would be required for the next decade. In order to meet targets, Turkmenistan needs to produce 90 billion cubic meters of gas a year. The problem is not whether or not the national can meet the demands but the lack of investments has led to the decline in gas production. Turkmenistan reportedly has…

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turkmenistan

Turkmen Businesses Experiencing Decrease In Trade


Turkmen entrepreneurs have been influenced by the global economic crisis. According to reports Turkmen business experts have reported that trade turnover by small business entities has decreased by 20 to 30 percent since the fall. The influx of labor migrants from Russia and Turkey has also contributed to the rise in the country's unemployment figures. Turkemn President Gurbanguly Berdymukhammedov announced last week that the Turkmenistan economy has been deeply impacted by the global financial…

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tajikistan

Mixed Reports about Electricity Rationing in Tajikistan


Electricity rationing in the center of northern Sughd Province has been suspended in Tajikistan. The Barqi Tojik, the energy supply company, said that higher temperatures and additional power imports from neighboring countries have allowed for the suspension. However, other reports suggest otherwise and state that rationing in the districts and villages of the northern province remain unchanged. Locals have reported that they still only have one hour to thirty minutes of electricity a day. Rationing…

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tajikistan

Tajikistan Establishes Two Free Economic Zones


Tajikistan has established two free economic zones according to the Tajik Deputy Minister of Economic Development Larissa Kislyakova. The two assigned regions are the Suhd region near Khujand city in the north and Panj region in the souther Tajik province of Khatlon. The regions will be permitted as free economic zones for the next twenty-five years. The first seven years will allow operating companies in the regions to be exempted from taxes.

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