Nazarbayev meets Manmohan Singh, seeks views on creation of SCO single currency

Nazarbayev meets Manmohan Singh, seeks views on creation of SCO single currencyKazakhstan President Nursultan Nazarbayev met Indian Prime Minister Dr. Manmohan Singh here on the sidelines of the six-nation Shanghai Cooperation Organization (SCO) summit, and is believed to have discussed progress in bilateral ties and sought India’s views for the creation of a supranational currency for mutual exchanges within the SCO.

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Tengizchevroil: risky hope for short-run survival

Tengizchevroil: risky hope for short-run survivalKazakhstan’s largest oil producing consortium Tengizchevroil (TCO), operated by American’s oil octopus Chevron which also owns half of the shares in the venture, has promised to increase its production in order to compensate in exportation volumes for losses in exportation revenue due to plummeted crude oil prices on world markets through the winter.

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