China extends anti-dumping duties on stainless steel imports
China's Ministry of Commerce (MOFCOM) announced Monday it will extend anti-dumping duties on specific stainless steel imports from the European Union,...
President Kassym-Jomart Tokayev signed a decree on Tuesday to create a new state agency for atomic energy, marking a key step in Kazakhstan’s plan to build its first nuclear power plant.
The agency, which will be directly subordinate to the president, is intended to consolidate functions currently handled by the Kazakh Energy Ministry related to subsoil use, including uranium mining, the utilization of atomic energy, ensuring public safety from radiation, and the development and operation of the Semipalatinsk nuclear safety zone.
The decree, published on the presidential press service website Akorda, also announced the appointment of Almassadam Satkaliyev as the agency’s head.
Satkaliyev, who previously served as Kazakhstan’s energy minister from April 2023, is expected to steer the agency as part of a broader strategy to modernize the nation’s energy sector.
President Tokayev first introduced the initiative during an address to the National Kurultai on March 14, emphasizing that the move is not merely about meeting current energy needs but is a strategic investment in the country’s economic future.
“It is strategically important for us to create a new energy industry that will provide a solid foundation for dynamic economic development for decades to come,” Tokayev said.
He further outlined plans to eventually build not one, but three nuclear power plants to form a comprehensive nuclear cluster.
The agency’s establishment follows a national referendum held in October 2024, in which approximately 71% of Kazakh citizens voted in favor of constructing the country’s first nuclear power plant.
While the decision was hailed by supporters as a forward-looking move for energy independence and economic growth, critics have raised concerns about the project’s implications, particularly given the legacy of the Semipalatinsk nuclear test site, which was used for over 450 tests during the Soviet era and left a lasting impact on public perception.
The new agency is expected to play a pivotal role in overseeing the safe and sustainable development of nuclear energy in Kazakhstan, aligning with the country’s long-term goals for technological advancement and economic diversification under President Tokayev’s administration.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
China's Ministry of Commerce (MOFCOM) announced Monday it will extend anti-dumping duties on specific stainless steel imports from the European Union, United Kingdom, South Korea, and Indonesia for an additional five years starting Tuesday, 1 July.
U.S. President Donald Trump has said he is not confident about reaching a trade agreement with Japan, warning that talks are unlikely to succeed before the 9 July deadline.
A court in Baku has ordered four months of pre-trial detention for all eight Russian citizens accused of trafficking drugs from Iran.
Israeli forces intercepted a missile launched from Yemen on Monday, prompting temporary airspace closures and sirens across several regions, according to the IDF and local media.
Uzbekistan and Azerbaijan launched their first interparliamentary forum in Khiva on July 1, marking a new chapter in bilateral legislative cooperation between the two countries.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment