Russia resumes wheat exports to Kazakhstan
Russia has resumed wheat exports to Kazakhstan after lifting a ban that was in place until December 31, 2024.
Kazakhstan is advancing efforts to cut imports of finished goods by bolstering domestic production. The initiative was a focal point during a Senate plenary session attended by Prime Minister Olzhas Bektenov and government officials.
Kazakhstan is advancing efforts to cut imports of finished goods by bolstering domestic production. The initiative was a focal point during a Senate plenary session attended by Prime Minister Olzhas Bektenov and government officials.
Discussions also included draft laws on the national budget and guaranteed transfers from Kazakhstan’s National Fund for 2025-2027. Prime Minister Bektenov highlighted the importance of economic diversification, noting a significant shift in the country’s industrial landscape.
“The manufacturing industry has surpassed the raw materials sector, accounting for 47 percent of total industrial output compared to 45 percent for raw materials,” Bektenov stated.
He outlined the government's efforts to support local producers, including expanding the list of goods sourced exclusively from domestic suppliers from 1,500 to 4,500 items. These measures led to a 55 percent rise in contracts with domestic producers, reaching 350 billion tenge (approximately $704 million).
Bektenov also highlighted the success of off-take agreements, which secure product supply commitments from local manufacturers. “The total value of off-take contracts this year reached 134 billion tenge (approximately $270 million), a 14-fold increase from last year,” he noted.
Additionally, the implementation of large-scale industrial projects nationwide has driven a 6.4 percent increase in exports of finished products and a 7.2 percent reduction in imports.
The government’s initiatives underline its commitment to strengthening Kazakhstan’s self-sufficiency and economic resilience through strategic industrial growth.
A tragic crowd crush at New Delhi Railway Station on Saturday night left 18 dead and 10 injured as thousands of people, many heading to the Kumbh Mela festival, attempted to board delayed trains. The incident highlights the ongoing risks of overcrowding at public transportation hubs in India.
A Delta Air Lines regional jet flipped upside down upon landing at Toronto Pearson Airport on Monday, injuring 18 people. Officials are investigating whether strong winds and snow played a role in the incident.
Berlin, February 21, 2025 – German citizens will head to the polls on Sunday, February 23, for a snap general election after the coalition government collapsed late last year.
Hamas has handed over the bodies of Israeli hostage Shiri Bibas and her two young children, Ariel and Kfir, deepening national mourning in Israel. Their fate had remained uncertain for months after their abduction during the October 7, 2023 attack.
The Asian Development Bank approved a $125 million loan to support Uzbekistan in modernizing water management, improving water security, and increasing access to safe and reliable water in the country.
Afghanistan’s Taliban leaders dismissed the International Criminal Court’s (ICC) jurisdiction over the country, labeling their predecessors' 2003 decision to join the Hague-based court’s founding treaty as "unlawful."
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