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Caucasus/Russia/Central Asia |
President of Kazakhstan, Nursultan Nazarbayev, Resigns After Three Decades |
2019-03-20 |
[THEMOSCOWTIMES] Kazakhstan's President Nursultan Nazarbayev ...has served as the President of Kazakhstan since the Fall of the Soviet Union and the nation's independence in 1991. Contrary to commonly held belief, there is a difference between Kazakhs and Cossacks: Kazakhs have mustaches. Or maybe it's the other way around... unexpectedly resigned on Tuesday after three decades in power, saying his oil-rich Central Asian nation now needed "a new generation of leaders." Nazarbayev, 78, the last Soviet-era leader still in charge of his country, said he would retain key security council and party leader positions while handing over the presidency to a loyal ally for the rest of his term, which ends in April 2020. "I have taken a decision, which was not easy for me, to resign as president," Nazarbayev said in a televised address before signing a decree terminating his powers from March 20. "As the founder of the independent Kazakh state I see my task now in facilitating the rise of a new generation of leaders who will continue the reforms that are under way in the country." His decision hit the price of Kazakh bonds and even appeared to weigh on the Russian ruble. Moscow is Kazakhstan's main trade partner and Nazarbayev has enjoyed close ties with Russian President Vladimir Putin ![]() Kremlin front man Dmitry Peskov told TASS news agency that Putin and Nazarbayev had spoken by telephone on Tuesday afternoon, but added that the press service did not have information about the content of the conversation. "The Kremlin press service will not be commenting on it now," Peskov said. Valentina Matvienko, the speaker of the upper house of the Russian parliament and a close Putin ally, said Nazarbayev's resignation was unexpected and very serious, RIA news agency reported. |
Posted by:Fred |
#1 The thrill is gone. Also the money. |
Posted by: ed in texas 2019-03-20 07:41 |