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
Commander US Air Force in Europe and Commander of NATO Allied Air Component Command will come to Lithuania on September 10. General Roger Brady will meet with representatives of Lithuanian Air Force.
more »
On 6 September at the Informal Meeting of EU Ministers of Foreign Affairs (Gymnich) in Avignon, France, Minister of Foreign Affairs Petras Vaitiekūnas emphasised the necessity to implement energy projects and to heed more of the EU’s attention to its Eastern neighbours.
more »
On 10 September, the Seimas of this legislative period will convene to the last session (regular elections to the Seimas will be held on 12 October 2008).
more »
Chairman of the Council of Ministers of Bosnia and Herzegovina Nikola Špirić and his delegation arrives on an official visit to Vilnius for two days (8-9 September).
more »
On 5 September, heads of foreign representations residing in Lithuania with their spouses and children will travel the roads of the Grand Duchy of Lithuania in Belarus.
more »
Today, September 3, Allied Joint Force Commander Brunssum (Holland) Gen. Egon Ramms will arrive in Lithuania for a formal two-day visit.
more »
On 2 September in Jūrmala (Latvia), Lithuanian Minister of Foreign Affairs Petras Vaitiekūnas had an informal meeting with Latvian Minister of Foreign Affairs Maris Riekstins and Estonian Minister of Foreign Affairs Urmas Paet.
more »
On 2 September, Lithuanian Special Representative in Georgia, Undersecretary of the Ministry of Foreign Affairs Laimonas Talat-Kelpša travels to Eastern Georgia to look at the ways how issues of ethnic cohabitation are solved in Georgia.
more »
President Valdas Adamkus participated in the extraordinary session of the European Council to discuss the situation Georgia, EU aid to Georgia and prospects for EU-Russia relationship.
more »
State Secretary of the Ministry of National Defence Jurate Raguckiene will go on an official visit to Rome (Italy) to sign an international agreementon on behalf of the Government of Lithuania, September 3
more »