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Mon, Jun 16th, 2025
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ECONOMY
- Kazakhstan
Kazakhstan is the Recognized Leader of World Anti-Nuclear Movement-THE ASTANA TIMES

(Read the full article on astanatimes.com)

Kazakhstan’s anti-nuclear initiatives and activities are recognized worldwide. This recognition is based on the decisions made by Kazakhstan’s First President Nursultan Nazarbayev in the first years of independence., THE ASTANA TIMES reported.

The Semei nuclear test site was closed by the decree of the First President of Kazakhstan on August 29, 1991. This date became the starting point of the anti-nuclear movement in Kazakhstan. These measures then became an important decision that brought considerable benefits to the development of the country.

First of all, the newly independent Kazakhstan faced economic challenges due to the crisis of the 1990s, accompanied by hyperinflation, bankruptcies of thousands of enterprises, a colossal decline in GDP, and unemployment. This required immediate government actions.

Secondly, Kazakhstan is geographically located between two nuclear powers: Russia and China and the United States showed keen interest in the new country and its nuclear status. The presence of nuclear weapons would seriously complicate the establishment of constructive negotiations with partners and prevent external pressure, which would threaten the national security of the newly emerged country.

Thirdly, a powerful professional army was needed, as well as specialists and technologies that would ensure the safety of the storage and operation of nuclear weapons. Thus, the politics of nuclear renunciation was justified at that time. This decision has significantly improved the country’s investment climate.

Jul 22, 2021

DATA SNAPSHOT

BANKS
- Azerbaijan
Fitch affirms Azerbaijan’s Expressbank at ‘B’, outlook Stable
TRADE
- Uzbekistan
Uzbekistan’s foreign trade turnover at $13.15 bln in Q1, 2022
ECONOMY
- Belarus
Belarus inflation up 15.9% yr/yr in March-Statistics Committee
ECONOMY
- Georgia
Remittances to Georgia rise 3% yr/yr to $193 mln in March-central bank
THE TRIBUNE
- Eurasia
The Tribune suspends publication
HEALTH
- Covid-19
COVID-19 Eurasia Roundup
The Tribune keeps you up-to-date with the latest vaccines and infection data across the region.
OPINION
- Kazakhstan
OPINION-Kazakhstan’s Reforms Should Be More Than Just Show-FOREIGNPOLICY
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