Kazakhstan

German President Visits Kazakhstan, New Crypto Platform Launched: Foreign Media

ASTANA – The Astana Times brings you the latest news on Kazakhstan from international media worldwide. This week’s foreign media digest covers significant milestones achieved during the visit of Germany’s President Frank-Walter Steinmeier to Kazakhstan, the launch of a new crypto platform in the country, and the role of women in innovation and technology in Central Asia.

Binance’s eastward pivot: New crypto platform launched in Kazakhstan

EU Reporter, a Brussels-based European news platform, published an article on June 21 about a regulated digital asset platform inaugurated in Kazakhstan.

The world’s leading cryptocurrency exchange, Binance, designed this new platform to cater specifically to the needs of Kazakh users. It promises a comprehensive range of crypto and fiat services, including exchange and conversion, deposit and withdrawal of fiat currency, as well as the custody of crypto assets.

German president visits Port Kuryk, assesses Middle Corridor projects

Another article published by EU Reporter on June 28 covered the visit of Germany’s President Frank-Walter Steinmeier to Kazakhstan. The visit proved fruitful, particularly in assessing the transport and logistics projects of the Trans-Caspian International Transport Route (TITR).

Steinmeier expressed Germany’s keenness to implement transport and logistics projects, as geopolitical developments force countries to reconsider the links between East and West, and Asia and Europe. During the visit to the port of Kuryk, located south of the port of Aktau on the eastern coast of the Caspian Sea, Steinmeier stated, “We need to put this region much more on our map in the mind of Kazakhstan.”

Steinmeier breaks ground for German business in Kazakhstan

Euractiv, a Brussels-based publication on the European Union, covered the German President’s visit in an article published on June 21.

Both Steinmeier and Kazakh President Kassym-Jomart Tokayev commended the construction of a green hydrogen plant worth 50 billion euros ($54.3 billion) launched by the German-Swedish company Svevind Energy in the Mangystau Region. The plan aims to produce two million tons of green hydrogen, utilizing the vast potential of solar and wind energy across Kazakhstan’s vast territories.

Hyrasia One German-Kazakh hydrogen project successfully launched

German wind magazine Windkraft Journal covered another milestone achieved during the German President’s visit to Kazakhstan in an article on June 22.

Steinmeier, along with Kazakh Prime Minister Alikhan Smailov and Svevind Energy CEO Wolfgang Kropp, launched geological drilling for the Hyrasia One project. Kropp stated, “What we are creating here is truly groundbreaking work: a green hydrogen project on this scale has never been implemented before.” Hyrasia One, a subsidiary of the European cleantech group Svevind Energy, is developing one of the world’s largest industrial plants for the production of pure green hydrogen in Kazakhstan.

Women leaders from Central Asia discuss the role of women in innovation and technology at regional dialogue chaired by Kazakhstan

UN Women, the United Nations entity dedicated to gender equality and the empowerment of women, released an article on June 23 about the Dialogue of Women of Central Asia 2023. The dialogue focused on the role of women in the development of innovations and technologies.

Participants in the dialogue highlighted the structural and economic challenges faced by women. They emphasized that over 60 million women lack access to mobile internet, which often hinders their opportunities for learning and economic development. Experts noted that the modern digital transformation can open up opportunities to expand the economic and social rights of women and promote gender equality, a goal for all states in Central Asia.

These articles shed light on some of the significant developments and discussions taking place in Kazakhstan, from the launch of a new crypto platform and green hydrogen projects to the important role of women in innovation and technology. Kazakhstan continues to make strides in various fields, cementing its position on the global stage.

 

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