EU plans to extend sanctions on Russia

An EU official told RFE/RL that the EU plans to extend sanctions against Russia when EU ambassadors gather for a meeting slated to take place on December 21. The sanctions to be officially extended until July 31, 2016 target Russia’s financial, oil and military sectors as well as specific individuals. A December 14 meeting of…

Exploring the Kazakh Economy: An Interview with Sabit Khakimzhanov

Earlier this year we had the opportunity to speak to Dr. Sabit Khakimzhanov,  the head of research at Halyk Finance, a leading Kazakh investment bank focused on Central Asia. Khakimzhanov is an authority on the Kazakh economy and investment climate, and has written and spoken widely on Kazakh monetary policy. Dr. Khakimzhanov has a Ph.D. in Applied Economics from…

Turkmenistan’s gas exports under pressure

Turkmenistan’s export options are steadily shrinking despite being one of the world’s largest natural gas reserve holders. Geopolitical conflicts, security and financing issues as well as lack of sufficient infrastructure are acting as constraints for market diversification. According to the U.S. government’s Energy Information Agency, Turkmenistan has natural gas reserves of 265 trillion cubic feet,…

Tajik government increases pressure on NGOs, Islamist groups

Tajikistan’s government is seeing human rights activists and others leave the country after it passed a law on NGOs similar to those of Russia and Azerbaijan. The amendments to an existing law on non-governmental organizations stipulate that NGOs must report the sources and amounts of their funding to the central government, and expanded the powers…

Russia imposes sanctions on Turkey over downed jet

Russian President Vladimir Putin signed a decree enforcing economic sanctions against Turkey in retaliation for the downing of a Russian military jet near the Syrian-Turkish border. The statement posted on the Kremlin’s website cites national security, listing a ban on chartered flights between Russia and Turkey, and ordered tour operators to refrain from offering trips…