Author: Keto Amiranashvili

Kenes Rakishev, former special envoy of the Kazakh government and current chairman of Fincraft Resources signed a memorandum of understanding, as well as a shareholder agreement with the Indian holding Monnet Group on the establishment of a joint venture in Kazakhstan for the production of ferroalloys. The company was named TB Alloys Kazakh Limited.The new plant is planned to be located in the industrial zone of the Taraz city. The company has already started pre-project work. At the first stage, the planned capacity of the enterprise will be up to 50 thousand tons of ferrosilicon per year with a gradual…

Summary Introduction Georgia could soon abandon its attempts to integrate with the West. After gaining independence in 1991, this small but strategically important state in the South Caucasus pushed to join Western institutions such as the European Union. However, in the last few years, and especially over the past 18 months, Georgia’s ruling coalition has made a series of moves that seem designed to distance the country from the West and shift it gradually into Russia’s sphere of influence. These moves led the European Council in June to decline to make Georgia a candidate for EU membership. Much of the…