Kazakhstan is poised to become a major supplier of petroleum to the Western world and a competitor to OPEC.
Published:
31 July 2001 y., Tuesday
Former U.S. Ambassador to the United Nations Bill Richardson states that of all the former Soviet Union states, "few offer the promise of Kazakhstan. In terms of both economic potential and political stability, Kazakhstan is critical to the long-term success of the Central Asian nations."
As a result, the West should try to ensure that it continues to adopt political and market reforms. He notes that since its independence in 1991, Kazakh leaders have made the difficult decisions necessary to move their country forward. He writes: "Kazakhstan has begun to prosper by working to build a modern economy, developing its vast natural resources and providing a base of stability in a very uncertain part of the world. With the discovery of the massive Kashagan oil field in the Kazakh portion of the Caspian Sea, Kazakhstan is poised to become a major supplier of petroleum to the Western world and a competitor to Organization of Petroleum Exporting Countries (OPEC)."
Richardson says that while many more challenges lie ahead for this emerging nation, there are enormous opportunities for its future political and economic success.
Šaltinis:
THE WASHINGTON TIMES
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
October 14, Vice Minister of National Defence Vytautas Umbrasas and Chief of Defence of Lithuania Maj. Gen. Arvydas Pocius left for a two-day visit in Afghanistan.
more »
On 13 October in Paris during the 35th session of the General Conference of United Nations Educational, Scientific and Cultural Organization (UNESCO), the list of anniversary celebrations with which UNESCO will be associated in 2010-2011 was approved.
more »
On 14 October, the European Commission presented its annual package of documents on the European Union enlargement.
more »
On 15-17 October, Lithuania’s Minister of Foreign Affairs Vygaudas Ušackas is paying a working visit to Afghanistan.
more »
President Dalia Grybauskaitė extended on behalf of herself and the people of Lithuania congratulations to King Juan Carlos I of Spain on National Day.
more »
We have been assured that NATO is still interested in investing in defence of the Baltic region, says President of the Republic of Lithuania Dalia Grybauskaitė having met with NATO Secretary General Anders Fogh Rasmussen.
more »
October 8, Minister of National Defence Rasa Juknevičienė and Transport Minister of the Russian Federation Igor Levitin will sign an agreement between the Governments of the Russian Federation and the Republic of Lithuania on joint actions of preventing pollution of the Baltic Sea with oil and other hazardous materials.
more »
On October 9 President of the Republic of Lithuania H.E. Dalia Grybauskaitė and NATO Secretary General Anders Fogh Rasmussen will visit Aviation Base of the Lithuanian Air Force in Šiauliai.
more »
On 8 October, Lithuania’s Minister of Foreign Affairs Vygaudas Ušackas received International Relations and Cooperation Deputy Minister of the Republic of South Africa Susan van der Merwe, who came to Lithuania for political consultations.
more »
Lithuania and Denmark concluded an agreement, under which Lithuania would represent Denmark in Kaliningrad when issuing Schengen visas.
more »