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Central Asia Current Events Issue Legal & Regulatory Politics

Kazakhs Try to Keep First President

Kazakhstan’s long-serving president Nursultan Nazarbayev on Monday asked a constitution council to examine a proposed referendum on another decade of unchallenged rule, which would allow him to bypass two elections and lead the country unopposed until 2020.

On December 27, the Central Election Commission registered a statement by the initiative group in favor of such a plebiscite, which was endorsed by both houses of parliament. In their letter to Nazarbayev, the legislators asked him “to support the initiative to call a national referendum on the following question: Do you accept the law on Amendments to the Constitution of the Republic of Kazakhstan, envisaging the possibility of extending in a national referendum the powers of the first president of Kazakhstan?”

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Eastern Europe Economy & Foreign Trade Issue Legal & Regulatory

Large-Scale Privatization Planned in Ukraine

Ukraine hopes to gain from privatization of US$1.3 billion in 2011 by selling at least 25 percent in 162 enterprises this year, Interfax reports.

The draft list of enterprises includes stakes that have been offered multiple times in the past but never sold.

“We continue to campaign, that the electricity should go for privatization. And it will be privatized. This will be the main event of the privatization of the year,” Alexander Ryabchenko, Ukrainian State Property Fund (SPF) chairman said earlier in December 2010.

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Central Asia Economy & Foreign Trade Issue

Azerbaijan to Supply Crude Oil to Belarus

Azerbaijan has agreed to supply crude oil to Belarus on behalf of Venezuela and, in return, the Latin American country will meet Azerbaijan’s oil export commitments to the United States, state-run energy company SOCAR said.

“We signed swap deals between Azerbaijan, Belarus and Venezuela on oil supplies in the amount of 5 million tons of oil per year from 2011,” the head of SOCAR, Rovnag Abdullayev, said Monday.