The growth forecast for the region was increased to 4.1 percent in 2021 from a previous projection of 3.6 percent in July and 3.4 percent in April.

The agreement was reached during a recent meeting of the bilateral intergovernmental commission that had been held in Tashkent.

SOCAR said that Kazakhstan planned to use BTC for its oil from the North Buzachi onshore oilfield that was developed by Chinese companies CNPC and Sinopec.

In 2019, Haldor Topsoe launched the world’s only natural gas-to-gasoline plant close to Ashgabat, the capital of Turkmenistan.

According to UNCTAD, the FDI flows to the transition economies of South-East Europe and former Soviet republics declined by 58 percent to $24 billion in 2020. FDI grew only in Belarus, Kazakhstan and Montenegro.

Nestled between the Pamir and Alay Mountains ranges, the landlocked country of Tajikistan has garnered little attention in the Western press since its independence from the Soviet Union in 1991.