Kazakhstan
News Bulletin
Released weekly by the Embassy of the Republic of Kazakhstan
www.kazakhembus.com
__________________________________________




Special Issue No 5, April 28, 2008
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AMBASSADOR OF KAZAKHSTAN INVITES YOU TO ATTEND
A ROUND OF KAZAKH CULTURAL EVENTS IN WASHINGTON, DC

Please join us for tremendous cultural events in May


Special Issue No 3, February 8, 2008
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PRESIDENT NAZARBAYEV DELIVERS
ANNUAL STATE-OF-THE-NATION ADDRESS,
ANNOUNCES KAZAKHSTAN’S “ROAD TO EUROPE”
The focal points of President Nazarbayev's keynote speech were economic development, further political modernization and democracy, social security and strengthening of Kazakhstan’s international alliances.


No 3 February 7, 2008
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POLITICS

President Nazarbayev delivers annual Address to the People of Kazakhstan
Kazakhstan’s ruling party actively implements its anticorruption strategy

ECONOMY

JSC Halyk SavingBank Receives Euromoney Plaudit
Kazakhstan plans new aluminium, steel plants
IKEA enters Kazakhstan

OTHER NEWS

First Ever in-depth English Language Guide to Kazakhstan to be released in March
Falconry tradition soars back


No 2 January 23, 2008
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POLITICS

President launches “Ten Smashing Blows Against Corruption”
Kazakhstan to chair OSCE Economic and Environmental Committee
Kazakhstan’s Defense Ministry hails military cooperation with the United States

ECONOMY

Kazakhstan ranks high in the Index of Economic Freedom
Kashagan agreement reduces project's political risks – Fitch
EU Energy Commissioner hails resolution of Kashagan dispute
Kazakhstan to spend $2.5 bl on tourism infrastructure projects

OTHER NEWS

Ambassador of Kazakhstan visits California



Special Issue No 2, January 19, 2008
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THE STATEMENT OF THE GOVERNMENT, THE NATIONAL BANK AND FINANCIAL SUPERVISION AGENCY OF THE REPUBLIC OF KAZAKHSTAN ON ECONOMIC POLICY GOALS FOR 2008

We part with 2007 with mixed feelings. Our economy continued to grow at a rapid pace, and according to preliminary estimates, achieved an 8.7% growth rate in 2007. However, this was also a year, which put the strength of our financial system to test. Recent turmoil that affected financial systems worldwide has reached Kazakhstan as well. Such events underscore the degree to which capital markets have grown to rely on one another...




Special Issue No 1, January 18, 2008
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KAZAKHSTAN REACHES CONSENSUS WITH FOREIGN OIL COMPANIES OVER GIANT OILFIELD

According to an agreement between the Government of Kazakhstan and foreign contractors, production at Kashagan, the largest oilfield discovered anywhere in the world since 1960-s with estimated reserves of 35 billion barrels, will be further delayed to 2011...



No 1 January 14, 2008
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POLITICS
Kazakhstan’s Finance Ministry to unveil the actual economic situation in Kazakhstan to                             international rating agencies
Seventh annual Eurasian Media Forum announced
Kazakhstan has taken a further step toward abolishing capital punishment

ECONOMY
Kazakhstan to Increase Uranium Output Fivefold, Overtake Canada (Bloomberg)
London Stock Exchange welcomed Eurasian Natural Resources Corporation PLC to the Main                  Market on 12 December 2007
Fitch Ratings is to hold a Conference on Kazakhstan in the context of global liquidity crisis: risks            and ways for resistance

OTHER NEWS
The Breakthrough of Kazakh Aviation



No 17 November 21, 2007
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POLITICS
Kazakhstan’s president to visit Slovakia, Romania and Hungary
Kazakh government, UNHCR sign agreement on cooperation in protecting refugees

ECONOMY
Kazakhstan sets up $4bn fund
Bank Hapoalim acquires Kazakhstan Bank

OTHER NEWS
Kazakhstan to enjoy 14 new domestic flights
Kazakh success means Armenia misery



No 16 November 14, 2007
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POLITICS
Kazakhstan’s State Secretary visits US
Kazakhstan to continue its cooperation with the OSCE on further election reform

ECONOMY
First Summit of CIS Independent Directors to be held in Almaty, 27-28 November 2007
Almaty's ratings affirmed with stable outlook - Fitch
Japan steals march on Asia rivals over uranium supply
Kazakhstan to automate ATM testing with Level Four

OTHER NEWS
Handball: Kazakhstan – a 50-year-long quest to join the world’s elite



No 15 November 7, 2007
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POLITICS
Wasp hosts Kazakhstan dignitary
UN helps Almaty city set up digital human rights library
Ambassador Idrissov visits Chicago to support Kazakhstanian boxing team

ECONOMY
EBRD mulls buying into Kazakh state investment funds
Aldar enters Kazakhstan with project in Astana

OTHER NEWS
“Samgau” establishes Innovation and Education Consortium
Kazakhstan crowned Asian champions


No 14 October 31, 2007
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POLITICS
Amendments to the legislation on subsoil have been signed into law
Bringing fight against corruption to a new level
Russia values its partnership with Kazakhstan
Indo-Kazakh cooperation on dynamic rise, says envoy

ECONOMY
Kazakhstan’s Government readjusts 2007 GDP growth forecast
Kazchrome to launch chrome pellet plant in 2009

OTHER NEWS
Kazakhstan target Astana success at Tour de France


No 13, October 24, 2007
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POLITICS
USA optimistic about Kazakhstan’s OSCE chairmanship bid
Germany Backs Kazakh OSCE, WTO Bids as Investors Are Reassured

ECONOMY
Launch of Kazakhstan’s Regional Financial Center celebrated in Washington
Subsoil law amendments to make no adverse affect on investment climate
Kazakhstan to Join Nabucco Project
Nokian Tyres to build car tyre plant in Kazakhstan with local company

OTHER NEWS
Instant weekend: Almaty
Kazakh mountaineers conquer world’s second highest peak
Portugal scores 2 late goals to defeat Kazakhstan 2-1 in Euro qualifier


No 12, October 17, 2007
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POLITICS
President Nursultan Nazarbayev arrives in Iran to take part in the Second Caspian States Summit
Kazakhstan’s Ambassador to the United States testifies before the US Helsinki Commission
China, Kazakhstan build on a solid foundation 

ECONOMY
Kazakhstan seeks diversification of routes for energy supplies – President Nazarbayev
Much to explore and tap in Kazakhstan

OTHER NEWS
Eleven Kazakh boxers to participate in largest world boxing championships in history


No 11, October 10, 2007
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POLITICS
President Nazarbayev welcomes Italian Prime Minister in the Kazakh capital
Navy to help Kazakhstan with security

ECONOMY
Kazakh Energy Minister sees no reasons for suspending Kashagan project over environmental claims
EBRD may acquire a stake in Kazakhstan Investment Fund

OTHER NEWS
Area phone codes in Kazakhstan changed as of October 5
Chief Rabbi in Kazakhstan's Largest City Feature on State Television Program


No 10, October 3, 2007
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POLITICS
Presidents of Brazil and Kazakhstan pleased with their first talks
President Nazarbayev advocates UN Peacekeeping Financial Fund and initiates Eurasian Energy            Supply Pact during UN General Assembly session
Kazakh parliament adopts a bill to toughening requirements for subsoil users

ECONOMY
Wiener Börse launches links with Kazakhstan Stock Exchange

OTHER NEWS
Kazakhstan to build super five star hotel in Sanya
Women in Business in Kazakhstan


No 9, September 26, 2007
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POLITICS
Kazakh President to participate in 62nd session of UN General Assembly and pay  official visit                 to  Brazil
Kazakhstan’s purpose is to enhance OSCE as a bridge between East & West: Kazakh Secretary            of State
New Human Rights Commissioner appointed in Kazakhstan
Two keys in Kazakh hands, (article from RIA Novosti)

ECONOMY
Kazakhstan: Building a Competitive Economy and Defeating the Resource Curse, University                      report
Kazakhstan wants to be the first CIS country to implement administrative reform
American Express and JSC "Kazkommertsbank" launch the first American Express cards                      issued in Kazakhstan

OTHER NEWS
Kazakhstan: make benefit funky cities, (article from The Telegraph)
Westerberg seals victory in Kazakhstan


No 8, September 19, 2007
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POLITICS

Kazakh President visited Turkmenistan on September 11-12, and discussed energy cooperation
Kazakhstan considers Tajikistan important Central Asian partner
Special Rep of US State Department visits Kazakhstan
Ambassador Idrissov presents  “New Kazakhstan” at John Hopkins University’s Central Asia-                 Caucasus Institute in Washington DC
Kazakhstan: Nazarbayev's Regional Tour Shows Growing Economic Influence (article from                       Radio Free Europe / Radio Liberty)

ECONOMY

Kazakhstan to publish its first EITI report in November
Kazakh biofuel production can be twice cheaper than production in the US, article from Trend                   Capital
Kazakhstan plans to attract about USD 21 billion to electric power development by 2015 -                          "KEGOC" president

OTHER NEWS

Republican Representative Jo Bonner (R-AL) presents Kazakh Ambassador with money from                  Mobile students
The Kazakhstan Open to welcome golfers in September
Kazakhstan soccer national team rallies to draw 2-2 with Belgium


No 7, September 12, 2007
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POLITICS

Kazakhstan is aware of its responsibility for world energy stability
School education in Kazakhstan must be trilingual – President Nazarbayev

ECONOMY

Kazakh economy top performer in Central Asia
Kazakh PM makes a statement on the Kashagan project
Kazakhstan: Premier Warns Eni About Failures At Caspian Oil Field

OTHER NEWS

Kazakhstan changing from Cyrillic to Latin alphabet


No 6, September 5, 2007
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POLITICS

New appointments in Kazakhstan’s government and legislature
US Congress delegation visits Kazakhstan, attends international non-proliferation conference
Kazakhstan becomes a center and crossroads of power and wealth. From World Affairs                             Monthly, interview with Ambassador Erlan Idrissov
COMMENT: After Kazakhstan's elections - between stability and reform. By Ariel Cohen

ECONOMY

Nokian Tyres in talks to build plant in Kazakhstan
Bio fuel association established in Kazakhstan

OTHER NEWS

Kazakh “Beatle” wins acclaim at the famous Beatles festival in Liverpool
Kazakhstan coach calls on familiar faces


No 5, August 29, 2007
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POLITICS

CEC officially declares “Nur Otan” winner of Kazakh elections
Kazakh President to participate in the UN General Assembly session

ECONOMY

Kazakh environmental minister: Operations at Kashagan may be suspended because operator               violates environmental laws
KazMunayGas and Rompetrol Holding SA announce the acquisition of a 75% interest in the                        Rompetrol Group NV by the Kazakh company
US intends to back Central Asian states’ WTO membership

OTHER NEWS

CFO Summit Kazakhstan to be held in Almaty, from 6th – 8th November 2007
Global interest in Kazakh oil & gas market reflected in largest ever KIOGE,   15th Kazakhstan                   International Oil & Gas Exhibition and Conference to be held October 2- 5, 2007


Special Issue No 2, August 22, 2007
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Elections to a new, party-based Parliament in Kazakhstan
provide landslide victory for “Nur Otan”

On Saturday, 18 August, landmark parliamentary elections opening way for a new, more powerful and influential legislature were held in Kazakhstan.

According to the preliminary report of the Central Electoral Commission (CEC), the ruling “Nur Otan” party emerged victorious from the elections, winning 88.05% of the vote. However, this figure is still to be revised after the CEC completes the counting of all election protocols.

Preliminary results suggest that “Nur Otan” could be the only party to have passed the 7 per cent threshold set by the existing election legislation. According to CEC’s data, 5,174,169 people have cast their votes for “Nur Otan”, i.e. 88.05 per cent; 271,525 voters (4.62 per cent) have voted for the Nationwide Social Democratic Party; 44,175 voters (0.75 per cent) have chosen the Party of Patriots; 192,155 voters (3.27 per cent) have voiced their support for the “Ak Zhol” party; 77,274 people (1.31 per cent) have cast their votes for the Communist People’s Party of Kazakhstan;  93,023 (1.58 per cent) have voted for the “Auyl” party; and 24,308 (0.41 per cent) for the “Rukhaniyat” party... 


No 4, August 20, 2007
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POLITICS

Kazakhstan votes in elections hailed as a step “forward” by the OSCE observers
Chinese President visits Kazakhstan, signs important agreements
Chairman of Kazakhstan’s Senate met with OSCE/ODIHR Director

ECONOMY

China, Kazakhstan agree on Sino-Kazakh oil pipeline extension to Caspian Sea
Kazakhstan's president proposed establishing an oil and gas regulating body for the SCO member states
Kazakh stake in nuclear company
Investment in fixed assets in Kazakhstan totalled 1.4982 trillion tenge in January-July, an 11.6 per cent increase on a year-to-year basis
Kazakhstan's economy ranked 55th by the World Bank

OTHER NEWS

Lufthansa and Air Astana to enter a partnership. Memorandum of understanding signed
Kazakhstan to host international conference against nuclear weapons


No 3, August 15, 2007
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POLITICS

OSCE: Election campaign in Kazakhstan takes place in calm environment
Western observers: Kazakhstan democratic reforms are a positive step, but the real             test will be the Majilis elections
President Aliyev: Azerbaijan’s borders remain open for resources transportation to              Europe
President Nazarbayev: Kazakhstan is committed to furthering ties with Jordan 

ECONOMY

Toshiba sells Westinghouse stake to Kazatomprom
Kazakhstan and Azerbaijan sign documents on oil and gas cooperation
Kazakhstan's economy grows 10.2% in H1
The ADB issues 6bn Kazakhstan Tenge bonds
Kazakh tax amnesty nets twelfth of GDP

OTHER NEWS

Marriott Executive Apartments to open in Atyrau, Kazakhstan
U.S. women stops Kazakhstan, now 4-2 in world grand prix


Special Issue No 1, August 14, 2007
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Parliamentary elections in Kazakhstan
to live up to the OSCE standards

On May 16 President Nursultan Nazarbayev announced major Constitutional reforms aimed to strengthen the role of Parliament, and fresh parliamentary elections. 

In his statement, he reiterated the basic philosophy which has underpinned the development of the country’s fledgling democracy, namely “the economy first, then politics”.

The President concluded: “We have been approaching this moment of political changes consistently and gradually. All views and proposals, including the most radical, have been studied and worked on. We have consulted the political parties, scientists, experts, and the representatives of the diverse ethnic groups of Kazakhstan. The ideas have all been discussed in the mass media in great detail.”...


No 2, August 8, 2007
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POLITICS

Briefing for foreign diplomats held in Astana
High Goals Mean High Responsibility, article by the State Secretary of Kazakhstan
Political and national mechanisms established by the President are like clock-work
Japan views Kazakhstan as important partner in the region

ECONOMY

Prime Minister Karim Massimov on Kashagan: Contracts with foreign extraction                   companies shall be respected by both sides
The road to sustainable economic growth. Economist Intelligence Unit to hold the first              Business Roundtable with the Government of Kazakhstan in Astana on 4-5 September, 2007
Ascott Ventures into Kazakhstan with two management contracts
Kazakhstan planning Foreign Trade Increase to $200 Billion
Kazakhstan drafts renewable energy legislation

OTHER NEWS

Kazakhstan carrier posts record first half growth


No 1, August 1, 2007
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POLITICS
Letter from the new Ambassador
Early elections coming as Lower House of Kazakh Parliament dissolved
The Democratic "Safety Valve"
Common misconceptions in the West about Kazakhstan
Kazakhstan looks ahead with confidence - US Congresswoman Shelly Berkeley
Kazakh Minister promises greater media freedoms
ODIHR deploys long term election observation mission to Kazakhstan

ECONOMY
Private-sector marine base in Kazakhstan wins EBRD support
Kazakhstan offers to join international fusion power project
Kazakhstan to buy Westinghouse stake from Toshiba
Uzbekistan looks forward to cooperating with Kazakh investors
"Your Money Matters: Kazakhstan - a "great success" - article from Jerusalem Post

OTHER NEWS
Marriott to launch JW Marriott Hotel Brand in Kazakhstan
Kazakhstan Open to make European Tour debut in 2008
Saka burial site discovered in Almaty suburbs


July 16
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Kazakhstan looks ahead with confidence – US congresswoman Shelly Berkeley.

“During my short stay here I have come to understand that Kazakhstan is a country that looks ahead with confidence” – said Representative Shelly Berkeley on 13 July in the course of her visit to Almaty, Kazakhstan’s flourishing former capital.


July 9
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Kazakhstan:
A new stage of political modernisation of the country

During the last two months significant changes occurred in the socio-political development of the Republic of Kazakhstan, which marked a new stage of political modernisation of the country.
On May 16th 2007 at the joint session of both chambers of the Parliament President N. Nazarbayev put forward draft constitutional amendments to the existing Constitution of the Republic of Kazakhstan, to be reviewed by the members of the Parliament.


May 29
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Kanat Saudabayev Moves on to Become Kazakhstan’s Secretary of State

Ambassador Kanat Saudabayev, who has been posted in Washington for six and a half years, was appointed by President Nursultan Nazarbayev as Kazakhstan’s Secretary of State,
one of the highest positions in the country with broad responsibilities, on May 15, 2007.



May 9, No. 19
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Kazakhstan in a Changing World

Kazakhstan’s Minister of Foreign Affairs, Dr. Marat Tazhin, addressed a gathering of U.S. policy makers, business leaders, academia, foreign ambassadors and journalists at a dinner hosted by the U.S.–Kazakhstan Business Association at the Capital Hilton Hotel Washington, D.C. on 8 May 2007. The Minister spoke on the role Kazakhstan is playing in the modern world.



April 26, No. 18
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Nazarbayev Visits Bishkek, Pledges Economic Investment
Chevrolet Rolls Out in Kazakhstan, Competition Intensifies
Kazakhstan’s GDP Grows 10.3 Percent in First Quarter, 8.6 Percent Projected for 2007
Young Kazakh Artists Win Trip to DC Festival


April 25, No. 17
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Special Edition

Prime Minister Massimov Marks First 100 Days in Office,
Stresses Team Approach, Focus on Real Issues



April 20, No. 16
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Kazakhstan’s Parliament Ratifies Bioweapons Convention
Kazakhstan’s GDP Should Reach $300 Billion by 2015
Population Grows to 15.4 Million, More Births, Less Emigration Are Reasons
Kazakhstan Takes Three Straight in Int’l Ice Hockey



April 11, No. 15
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Kazakhstan’s New Military Doctrine Tackles Security Challenges, Outlines Further Reforms
Stock Market Development High Priority for Astana
Samgau to Improve Management of Science
Symonyi Blasts Off from Baikonur, Stewart Bids Farewell



April 10
News Media Advisory
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Kazakhstan’s Development Bank and US Ex-Im Bank to Sign MOU and Finance Projects Jointly



April 5, No. 14
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PM Massimov Visits Azerbaijan and Georgia Talking Oil Transportation and Trade
Another ‘Kashagan’ May Lay Beneath the Caspian
Kazakhstan Explores Ways to Spur Afghanistan’s Economic Recovery
Kazakh Administrative Reform Moves Forward
President Says Kazakhstan Must Nurture Own ‘Nobel Laureates’



March 29, No. 13
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Greater Push on English Studies Planned
Ambassador, Members of Congress See Bright Future in US-Kazakh Relations
Europeans Focus on Central Asia in Key Astana Meeting
Kazakhstan Develops New Navy Concept, Will Pool Resources to Fight Caviar Poachers
Kazakh Football Team Chalks Up First European Victory



March 21, No. 12
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Kazakhstan Urges Financial, Economic Aid to Afghanistan
Kazakhstan and Russia Stress Strong Ties
Uranium Enrichment Center, A Means to Prevent Proliferation
Public-Private Partnerships Will Help in Building Schools and Hospitals
Medical Workers on Trial for Spreading HIV through Blood Transfusions
Action in Kazakhstan



March 14, No. 11
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Kazakh Security Chief Says Drug Emergency Growing, International Cooperation Is
Key to Defeating Scourge
Kazakhstan and Egypt Seek Expanded Trade
Wawaweewa! Tourism’s Alive in Kazakhstan



March 9, No. 10
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Kazakhstan Will Pursue Large Scale Diverse Investments in Georgia
First Modern Highway to Connect Astana and Borovoe
Kazakhstan Is Kyrgyzstan’s Largest Investor, Plans More Provided Political Stability Is There



February 27, No. 9
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Kazakhstan Joins IAEA Safeguards Protocol, Refutes Claims of ‘Unexploded Nuclear Bomb’
U.S. Seeks Closer Cooperation with Astana on Regional Stability and Afghanistan
Kazakhstan, Egypt Draw Closer As another Visit Nears
Kazakhstan Approves New National Security Strategy
Kazakhstan to Host Next OSCE Parliamentary Assembly
Almaty Prodigy Stuns Chess World, Sets Eyes on International Arena



February 15, No. 8
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Kazakhstan Seeks Greater Regional Involvement from Turkmenistan
New Government Admits Major Challenges, Focuses on Diversification, Reforms and Pru