OIL CRASH: WILL AGRICULTURE BECOME THE LOCOMOTIVE OF KAZAKHSTAN'S ECONOMY?
The ongoing crisis caused by the Coronavirus pandemic has shown how interconnected the economies of different countries with a commodity focus are. Now a ton of flax costs more than a ton of North Sea Brent oil. This means that the world commodity and food markets are seriously destabilized. However, on the other hand, taking into account that Kazakhstan is the world leader in flax production, the fall of oil quotations showed high potential of agriculture for the country’s economy. In addition... Читать дальше...