Kazakhstan and Russia announce $8 billion in joint projects as Europe deepens Central Asia engagement
Kazakhstan and Russia are set to launch 27 new joint projects worth $8 billion, signalling a notable expansion in bilateral economic cooperation.
In a recent expanded government meeting, Kazakh President Kassym-Jomart Tokayev issued a clear directive to accelerate the construction of Kazakhstan's first nuclear power plant and initiate the search for a site for a second plant. This decision comes as the country faces a growing energy shortage, and the government looks to diversify its energy sources.
"Against the backdrop of increasing energy deficits, it is crucial to speed up the construction of the first nuclear power plant and start developing a nuclear cluster in Kazakhstan," Tokayev stated.
The President also directed the government to formulate long-term plans for the nuclear industry’s development. He stressed the importance of conducting a comprehensive analysis to determine the optimal locations for future nuclear plants and ensure the use of the most advanced and safe technologies in their construction.
"Nuclear energy is essential for Kazakhstan’s growth. Without it, the country’s progressive development could be at risk," Tokayev added.
Prime Minister Olzhas Bektenov, during the meeting, revealed that agreements for the construction of the first nuclear power plant in the Almaty region are expected to be finalized shortly.
Earlier reports indicated that four companies from China, South Korea, Russia, and France are in the running for the project. These companies have been shortlisted to build the first nuclear power plant in Kazakhstan, which is part of the country's broader strategy to address energy shortages and reduce reliance on fossil fuels.
Kazakhstan, which holds significant natural resources, has been heavily reliant on traditional energy sources like coal, but the government's push for nuclear power highlights its commitment to modernizing the energy sector and ensuring long-term sustainability.
The Holy Fire ceremony stands as one of Christianity's most enduring and mysterious rituals, drawing thousands of pilgrims to Jerusalem each year.
Pope Francis's relationship with Azerbaijan has evolved significantly over the years, characterized by diplomatic exchanges, promotion of religious tolerance, and peace advocacy in the Caucasus region.
Severe rainfall on April 17 led to flooding and landslides in the Piedmont region, prompting a large-scale emergency response from over 400 firefighters.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 16th, covering the latest developments you need to know.
Pope Francis, the first Latin American pope and a transformative figure in the Roman Catholic Church, has passed away at the age of 88, the Vatican confirmed in a video statement on Monday.
Kazakhstan and Russia are set to launch 27 new joint projects worth $8 billion, signalling a notable expansion in bilateral economic cooperation.
Azerbaijan's Minister of Culture Adil Karimli met his Kyrgyz counterpart Mirbek Mambetaliev in Bishkek to discuss cultural collaboration, highlighting key initiatives like the Kyrgyz Culture Days in Baku and joint projects like the new school in Aghdam.
Azerbaijan and Algeria held their second round of political consultations in Algiers on Monday, led by Azerbaijan's Deputy Foreign Minister Yalchin Rafiyev and Algeria’s Secretary General of Foreign Affairs Lounes Magramane.
Indian Prime Minister Narendra Modi arrived in Jeddah on Tuesday for a two-day visit aimed at strengthening economic, energy, and diaspora-related ties with Saudi Arabia.
On April 22, President of the Republic of Azerbaijan Ilham Aliyev arrived in the People's Republic of China.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment