China’s State owned company to invest $8 billion in Kazakhstan for coal production; Tajikistan Hydro Power Plant to get an investment of $136 million from the Asian Development Bank; Kiev hosts the Council of Foreign Ministers of the OSCE meeting; Several
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    • (DECEMBER 2-15)
    According to reports, Shenhua, a Chinese company is planning to invest $8 billion for coal production in the Karaganda region in Kazakhstan. According to reports, in the first year investments will amount to $2 billion and will further reach $8 billion. 1
    In another development, according to reports, the Vakhsh ( also known as the Surkhob ) River Hydro Power plant in Tajikistan is all set to get a boost of $136 million from the Asian Development Bank to modernise its facilities. According to reports, the approved grant is the ADB's largest grant ever given to Tajikistan for a project to increase the supply of renewable electricity in the national and regional grid. 2

    President of Turkmenistan Gurbanguly Berdimuhammedov visited the United Arab Emirates (UAE) and has signed many agreements on bilateral co-operation during his two day official visit to
    the country. Meanwhile, President of the United Arab Emirates Sheikh Khalifa bin Zayed Al Nahyan expressed the hope that the visit will further strengthen relations between two countries and open wider horizons of cooperation in various fields. It would be worth noting that UAE is one of the major trade partners of Turkmenistan. According to official statistics, trade turnover between Ashgabat and Abu Dhabi totaled to $1.4 billion in 2012. In the first nine months of 2013, the UAE took the sixth place in the foreign trade turnover of Turkmenistan. 3

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