Monday, June 6, 2011

Eurasian News This Week

China-Kazakhstan - The China-Kazakhstan Horgos International Border Cooperation Center will become operational on July 1, providing a transnational market place for citizens from China, Kazakhstan and third countries to negotiate business and trade. According to Xinhua, Chinese citizens with the second generation identity cards can enter the cooperation center for trading after obtaining passes, said Liang Xinyuan, the executive deputy director with the Administration Committee of the Horgos Special Economic Development Zone. "Citizens of China, Kazakhstan and third countries can have a single stay within the center for 30 days," Liang added. The China-Kazakhstan Horgos International Border Cooperation Center is a transnational cooperation zone initiated by leaders of China and Kazakhstan, and a demonstration area of regional cooperation under the framework of the Shanghai Cooperation Organization (SCO).

President of the People's Republic of China Hu Jintao will pay a state visit to Kazakhstan on June 12. The visit will be held at the invitation of Kazakh President Nursultan Nazarbayev; a statement of the Chinese Foreign Ministry reads. As the message notes, Hu Jintao will take part in the Summit of the Shanghai Cooperation Organisation (SCO) in Astana. The anniversary SCO Summit will be carried out in the capital of Kazakhstan on June 15. Moreover, the Chinese President will visit Russia and Ukraine and attend the 15th St. Petersburg International Economic Forum.

China-Kyrgyzstan - China’s Sinohydro plans to invest about $2 billion in Kyrgyzstan, Ferghana.ru reported June 3. Kyrgyz First Deputy Premier Omurbek Babanov, during a June 1 meeting in Beijing with representatives of Sinohydro, noted the priority Kyrgyzstan placed on developing hydroelectric power. Kyrgyz and Chinese officials signed an agreement to research the feasibility of building a series of hydro-electric power stations known as cascade stations on the Suusamyr and Kokomeren rivers.

China-Russia - Russian Deputy Prime-Minister Igor Sechin said on Tuesday following the seventh round of the China-Russia energy negotiators’ meeting that Russia will finalize a 30-year deal with China by the 10th of June to supply a total of 68 billion cubic meters of gas annually. Meanwhile, Gazprom is using China as a leverage vis-a-vis Europe. "If Europe does not like the price for Russian gas, Gazprom will supply gas to Asia, " - said Gazprom's CEO Alexei Miller.

Trade turnover between Russia and China doubled to $60 billion last year, Russian Deputy Prime Minister Sergei Ivanov said during a meeting with Chinese Defense Minister Liang Guanglie in Singapore on Saturday. The two ministers met on the sidelines of a regional security forum in Singapore. The Russian minister also expressed hope that an upcoming visit by Chinese President Hu Jintao to Moscow, which is to take place later in the month, will further strengthen the two countries' ties. Liang said the relations of the two armies maintain a favorable momentum, the content of cooperation has constantly enriched, cooperation fields have been expanded and deepened.

However, Russia's new stance on the Libya war irritates China. Russian President Dmitry Medvedev strikingly joined the Western powers in urging Libyan leader Muammar Gaddafi to give up power at the latest round of the Group of Eight (G8) summit in the northern French seaside town of Deauville. And Beijing feels that Moscow led it up the garden path and left it alone. A Moscow-datelined commentary by Xinhua displays genuine irritation. It begins with a wry remark that Russia "strikingly joined the Western powers" in urging Gaddafi's exit. It adds, "Experts and analysts believe Russia made the move to protect its own interests in Libya and have a stake in the country's future. Yet they remain skeptical over whether Russia could help make a difference in the Middle East country."

Kazakhstan - Kazakhstan may lengthen its ban on the export of hydrocarbons to preserve supplies for the domestic market, a top energy official said on Tuesday. The move to extend the ban beyond the current expiration date of July 1 has been prompted by rising local demand for light hydrocarbons distillates in tandem with a shortfall in refining capacity in the country. "We hope to extend the ban. We have to agree it with our partners in the Customs Union," said Kazakh Minister of Oil and Gas Sauat Mynbayev. Mynbayev did not provide a new time limit for the export ban on light distillates, kerosene and gas oils, but not domestic heating oil and special gasolines, saying its length would be decided in response to the market situation.


Articles referred to in this post:

"Председатель КНР нанесет государственный визит в Казахстан - МИД КНР" (Hu Jintao to pay state visit to Kazakhstan - Chinese MFA)

"中哈合作中心7月封关运营 跨国'大市场'将正式揖客" (China-Kazakhstan cooperation center to open in July, providing a transnational market place)
http://www.xinhuanet.com/chinanews/2011-06/02/content_22919770.htm

"Китайская компания вложит 2 млрд. долл. США в гидроэнергетику Кыргызстана " (Chinese firm to invest $2 billion in Kyrgyz hydro-power)
http://www.centralasiaonline.com/cocoon/caii/xhtml/ru/features/caii/newsbriefs/2011/06/04/newsbrief-09

"Россия и Китай продолжат энергетическое сотрудничество" (Russia and China continue energy cooperation)

"Россия и Китай отказываются от разногласий ради экономической выгоды" (Russia and China set aside differences for the sake of economic benefits)

"胡锦涛访俄前 敲定天然气协议" (To finalize the gas deal Hu Jintao's visit to Russia)

"'Газпром' пугает Евросоюз Китаем" (Gazprom uses Chian to scare the European Union)

"Россия и Китай укрепят экономику друг друга" (Russia and China strengthen each other's economy)
http://www.dni.ru/economy/2011/6/4/28478.html

"梁光烈会见俄副总理:不断提高两军务实合作水平" (Liang Guanglie met with Russian Deputy Prime Minister: increasing the level of pragmatic cooperation between the two armed forces)

"Роль России в Ливии раздражает Китай" (
Russia's Libya role irks China)

"俄对利比亚态度转变 俄外交'变脸'常令世界惊讶" (Russia changes attitude toward Libya, shocking the world)

"В Казахстане запрет на экспорт ГСМ может быть продлен" (Kazakhstan may lengthen export ban on hydrocarbons)

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