FRANCE 24 English published this video item, entitled “Protests reveal contrasts in Kazakhstan’s resource-rich economy • FRANCE 24 English” – below is their description.
The protests in Kazakhstan, sparked by the government scrapping a cap on fuel prices, have revealed some of the contrasts in the country’s economy. The Central Asian republic has massive natural resources, and is a major exporter of oil, gas, coal and uranium. Despite this wealth, financial hardship is widespread. FRANCE 24’s Business Editor Stephen Carroll looks at the economic context for the unrest, and the consequences being felt elsewhere.
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FRANCE 24 English YouTube Channel
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About This Source - FRANCE 24 English
The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.
France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.
Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental country mainly located in Central Asia with a smaller portion west of the Ural River in Eastern Europe.
Kazakhstan is the world’s largest landlocked country. It has a population of 18.3 million residents, and has one of the lowest population densities in the world. Since 1997, the capital is Nur-Sultan, formerly known as Astana. It was moved from Almaty, the country’s largest city.
Kazakhstan was the last of the Soviet republics to declare independence during the dissolution of the Soviet Union in 1991.
Kazakhstan is the most dominant nation of Central Asia economically, generating 60% of the region’s GDP, primarily through its oil and gas industry. It also has vast mineral resources. Kazakhstan is a member of the United Nations (UN), WTO, CIS, the Shanghai Cooperation Organization (SCO), the Eurasian Economic Union, CSTO, OSCE, OIC, CCTS, and TURKSOY.
