Uzbekistan, Azerbaijan target $1 billion in trade by 2030
Uzbekistan and Azerbaijan are drawing up a new programme aimed at boosting bilateral trade to $1 billion by 2030, as the two countries move to deep...
Kazakhstan authorities has proposed to impose six-month ban on export of oil products
The ministries of energy, finance, internal affairs and the National Security Committee drafted a joint order addresing “some issues of export of oil products from the territory of the Republic of Kazakhstan,” national media reported.
The document has been posted for discussion on the "Open NLA” (Normative Legal Acts) platform for further discussion till 14th March. Exceptions will be made for the export of petroleum products under government-approved humanitarian aid programs and for the export of samples intended for scientific research."
Referring to the Ministry of Energy, Kazinform said that there is "an unusual increase" in the domestic consumption of AI-92 gasoline and diesel fuel which which may be linked to the illegal export of these products to neighboring countries. According to estimations of law-enforcement agencies, illegal export can range between 10,000 tons and 45,000 tons per month as fuel prices are 17% to 166% lower than in neighbor countries.
In order to secure domestic market, Kazakhstan authorities suggest to ban export of oil products for 6 months
The collective-defence agreement between Türkiye, Saudi Arabia and Pakistan signals that regional powers no longer want to rely solely on external security guarantees. Whether it becomes a stabilising deterrent or another axis of rivalry remains unresolved.
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most shipowners away. Six commodity vessels crossed the strait on Tuesday, down from nine the day before and below the 10-day daily average of 11.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 19th of August, covering the latest developments.
Uzbekistan and Azerbaijan are drawing up a new programme aimed at boosting bilateral trade to $1 billion by 2030, as the two countries move to deepen economic and industrial ties.
Syria says it assured Israel that Türkiye had no plans to establish a military presence at the Abu al-Duhur airbase before Israeli forces struck the site on Tuesday.
Israeli Prime Minister Benjamin Netanyahu has issued his strongest warning yet over Türkiye's growing military role in Syria, saying Israel will not accept Turkish forces expanding their presence further south.
Azerbaijan’s support for Ukraine could provide a model for neighbouring countries seeking to strengthen their sovereignty, the director of development at an organisation supporting Ukraine’s armed forces has told AnewZ.
Two days inside Uzbekistan’s newsrooms, hospitals, factories and technology hubs reveal a country eager to show how it is changing — while that transformation is still under way.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment