The project which has been tasked by the country's President Shavkat Mirziyoyev is expected to be launched in September 2022 and envisages the production of 190,000 cars per year.

Subject to approval from the government of Azerbaijan, the deal, with an effective date of 1 July 2021, is expected to complete in the fourth quarter of 2021.

Prospects for cooperation and implementation of projects had been discussed during the Kazakhstan-Saudi Arabia Investment in Nur-Sultan, where more than 30 companies from Saudi Arabia met officials and business representatives from Central Asian country.

President Volodymyr Zelensky has made a drive against the magnates a focal point of his administration, particularly in view of the U.S. criticism that they were influencing the day-to-day operations of the government.

At the young age of 22, Giorgi Tskhovrebadze has already achieved major success as a video game programmer and as a start-up entrepreneur by turning the skills he learnt from playing and designing video games into technology that can make a huge impact on people’s lives.

A 50 million euro agreement of intent was signed between ThyssenKrupp AG and Enter Engineering, the largest engineering, procurement and construction contractor in Central Asia and Russia.