Kazakh BRIC membership suggested by bank Governor

Kazakh BRIC membership:The governor of the National Bank of Kazakhstan, Kairat Kelimbetov has put forward the idea that Kazakhstan should join the BRIC bloc and put the K in BRICK.  Because it shares borders with both Russia and China,  and because its economic performance is so heavily influenced by that of its Russian neighbour, he reasoned in a recent interview with The Banker magazine, it might be time to recognise it as part of the BRIC grouping. The Banker

New Payment System

Kelimbetov also announced this week that a 3.0 version of a national payment system for Kazakhstan was in development that will  be compatible with leading global payment systems. Times of Central Asia