Oman becomes EDB's eighth shareholder during a state visit to Kazakhstan, promoting Gulf-Central Asia ties.

The entities involved

• Kazakhstan →

  sovereign state in Eastern Europe and Central Asia

  • Kazakhstan, Central Asia, and the UN are promoting constructive dialogue on regional integration, sustainable development goals, and transit routes through Afghanistan.15:40
  • A proposed railway line is being discussed, with the ultimate goal of establishing a transit corridor through Kazakhstan and Afghanistan to reach the Indian Ocean.15:40
• Eurasian Development Bank →

  organization

  • Kazakhstan's Ministry of Transport develops digital infrastructure for roads while EDB discusses Central Asia's transport connectivity.08:36
• Oman →

  sovereign state in western Asia

  • Kazakhstan and Oman exchanged agreements covering investment and energy.15:04
  • An incident occurred near Khasab coast, leading to the issuance of instructions by the Islamic Revolutionary Guard Corps regarding vessel transits.13:52

Related events

• Kazakhstan receives an EDB macroeconomic outlook and S&P Global upgrades its sovereign rating.Sep 8
• The Eurasian Development Bank released its regional economic outlook, noting that Kyrgyzstan grew fastest, Uzbekistan benefited from a lower base, and Kazakhstan was the center of gravity for venture capital.Jul 17
• Kazakhstan is seeking port access through Oman, utilizing its infrastructure to connect to the Indian Ocean.Aug 27
• Kazakhstan ratified a partnership agreement with the Asian Infrastructure Investment Bank (AIIB).Sep 23
• Kazakhstan's trade dynamics are influenced by the development of the Eurasian Economic Union, following its 2015 entry into the WTO.13:44