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