July 2015

Challenges and opportunities of Kazakhstan in changing geopolitical conditions discussed in Washington

The Embassy of Kazakhstan jointly with the International Tax and Investment Center organized a seminar on the theme "Kazakhstan today: challenges and opportunities in changing geopolitical conditions" in the building of the Congress of the USA, the press service of the Ministry of Foreign Affairs of Kazakhstan informs.

BRICS for Greece

By Stephen Blank

It appeared too great a temptation to pass up for the Kremlin when Greece’s impending default and exit from the Eurozone or even the European Union (the so-called Grexit) occurred simultaneously with the annual BRICS summit, this time under Russian leadership, in Ufa, on July 8–10.

Kazakhstan, Germany Agree to Expand Energy Cooperation During Astana Forum


The first Kazakh-German forum on energy and infrastructure networks was held July 14 in the city. The delegations, headed by Kazakh Ministry of Investment and Development First Vice Minister Albert Rau and the German Energy Agency Managing Director Ulrich Benterbusch, signed a memorandum on cooperation in energy conservation and efficiency.Ger-Kaz forum (2)

Azerbaijan says yes to the USA`s peace gesture, but…


U.S.-Azerbaijani relations started to form amid complex geopolitical processes that emerged in the world, particularly in the South Caucasus, after the fall of the Soviet Union. At that point the United States – as a superpower – attached great importance to building bilateral relations with Azerbaijan, which boasted favourable location, rich natural resources and big development potential, with the aim of strengthening its position in the South Caucasus and ensuring its geostrategic interests in the Caspian Sea region, said the article in "Azerbaijan" newspaper , published on Thursday.

Why Moscow Opposed Grexit


By Alexander Baunov

Greek Prime Minister Alexis Tsipras’ first call outside the Hellenic Republic after the July 5 bailout referendum was to Russian President Vladimir Putin. He was looking for money. Just 1 billion euros—a meager sum in comparison with Greece’s total debt — from Russia in the form of short-term bonds or investments in future construction projects would have doubled the liquidity in the Greek banks. According to Louka Katseli, the head of the Greek National Bank, at the time of the referendum, the country’s banks contained only 1 billion euros, while Greeks had 120 billion euros in bank deposits.