• KGS/USD = 0.01143 0%
  • KZT/USD = 0.00195 -0%
  • TJS/USD = 0.09926 0.71%
  • UZS/USD = 0.00008 -0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00195 -0%
  • TJS/USD = 0.09926 0.71%
  • UZS/USD = 0.00008 -0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00195 -0%
  • TJS/USD = 0.09926 0.71%
  • UZS/USD = 0.00008 -0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00195 -0%
  • TJS/USD = 0.09926 0.71%
  • UZS/USD = 0.00008 -0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00195 -0%
  • TJS/USD = 0.09926 0.71%
  • UZS/USD = 0.00008 -0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00195 -0%
  • TJS/USD = 0.09926 0.71%
  • UZS/USD = 0.00008 -0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00195 -0%
  • TJS/USD = 0.09926 0.71%
  • UZS/USD = 0.00008 -0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00195 -0%
  • TJS/USD = 0.09926 0.71%
  • UZS/USD = 0.00008 -0%
  • TMT/USD = 0.28575 0%

Our People > Nikola Mikovic

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Nikola Mikovic

Journalist

Nikola Mikovic is a freelance journalist, researcher and analyst based in Serbia. He covers mostly the foreign policies of Russia, Belarus and Ukraine, as well as energy-related issues.

Nikola primarily focuses on Russia’s involvement in post-Soviet space, the Middle East, and the Balkans. He writes for several publications such as Diplomatic Courier, Byline Times, CGTN, Lowy Institute, Global Comment, and World Geostratregic Insights, among others.

Articles

Interview: Taliban-Ruled Afghanistan Looks to Kazakhstan

ASTANA - War-torn Afghanistan, now led by the Taliban, is in desperate need of funding. The radical group is seizing every opportunity to secure not only financial support but also major infrastructure projects that could help rebuild the country. In late May, a delegation of Taliban representatives, led by Haji Nooruddin Azizi, the Minister of Trade and Industry, visited Kazakhstan to attend the Astana International Forum (AIF). During the summit, they spoke with The Times of Central Asia, discussing their ambitions and plans. It was their first participation in the prominent forum, made possible by Kazakhstan’s 2024 decision to remove the Taliban from its list of terrorist organizations. Since then, Kazakhstani political and business leaders have traveled to Kabul on several occasions aiming to establish closer relations with the Islamic Emirate. [caption id="attachment_32607" align="aligncenter" width="1600"] Image: TCA, Nikola Mikovic[/caption] Most recently, during a meeting with Azizi, Kazakhstan’s President Kassym-Jomart Tokayev emphasized the need to strengthen political ties with Afghanistan. The economy, however, seems to play an equally important role in this relationship, with Astana aiming to increase its bilateral trade volume with Afghanistan to $3 billion in the coming years. Kazakhstan is also eyeing investing $500 million in the construction of the 115-kilometer (71 miles) Turgundi–Herat railway line, a section of the rail corridor linking Turgundi in the north of Afghanistan and Spin Boldak on the country’s border with Pakistan. The route effectively connects Central and South Asia via Afghanistan. Neighboring Turkmenistan is also interested in participating in this project, as the railway aims to connect Central Asia to Pakistan’s Karachi and Gwadar ports, providing Turkmenistan and its neighbors access to vast South Asian markets. The Turgundi–Herat–Kandahar–Spin Boldak railway line is considered a key segment of the broader Trans-Afghan Railway project, which even Russia has expressed an interest in joining. “It is still too early to discuss who will build the railway, although it is clear that Afghan companies are unlikely to be able to undertake the project,” Mirwais Ghafouri, Senior Advisor of the Afghanistan Railway Authority, told The Times of Central Asia in an interview. In his view, given that Afghanistan is a mountainous country, the entire project will cost at least $2–3 billion. The problem for Kabul is that – due to various sanctions and the fact that most countries still do not officially recognize the Taliban-led government – it cannot count on significant support from international financial institutions such as the World Bank and the Asian Development Bank. “But we expect Kazakhstan to invest in this project, as well as in our economy in general. The shortest route connecting Central Asia and South Asia is through Afghanistan. Once the railway is complete, Kazakhstan and other Central Asian nations will be able to use it to export their agricultural products to huge markets such as India, Pakistan, and Bangladesh”, Ghafouri stressed, pointing out that Kabul and Astana are currently working on a project feasibility study. The Taliban appear to be aiming to revive nearly all previously announced projects...

1 week ago

Kazakhstan, Italy, and the Battle for Europe’s Energy Future

ASTANA - Central Asia is no longer on the periphery of global events, but a place where major countries come together with their ideas, money, and projects. In a turbulent and highly uncertain geopolitical environment, global powers are seeking to establish their presence in this strategic, energy-rich region. Italy is no exception. Italian Prime Minister Giorgia Meloni was initially scheduled to visit Kazakhstan in late April, but in light of Pope Francis' passing her trip to Astana was canceled. Coincidently or not, she came to the Kazakh capital on May 30 to attend the Astana International Forum (AIF) – a two-day event that saw the attendance of political, business, and thought leaders who gathered under an expanded agenda that included climate change, energy security, and sustainability. Meloni’s visit to Kazakhstan is part of her Central Asian tour; she previously visited Uzbekistan, where she met with the country’s President Shavkat Mirziyoyev. In Astana, she not only spoke at the AIF, emphasizing that the “Astana International Forum has become increasingly important in dialogue worldwide,” but also took part in the first-ever Central Asia–Italy summit. “Italy was the first Nation in the EU to decide to invest in relations with Central Asia and its individual member Nations, launching a permanent format in order to share ideas,” Meloni said at the AIF, emphasizing that the EU–Central Asia Summit, held in April in Samarkand, “elevated the relations between the region and the European Union to a strategic partnership.” In this relationship, Kazakhstan seems to play a crucial role. Italy is the largest Central Asian economy’s number one trading partner in Europe. According to Kazakhstan’s Ministry of Trade and Integration, trade turnover between Kazakhstan and Italy in 2024 amounted to $19.9 billion, which is 24% higher compared to the previous year ($16.1 billion). Oil is undoubtedly Kazakhstan’s main export to Italy, although critics argue that the third-most populous EU member is merely a transit country, as large amounts of Kazakh oil ultimately reach other European countries. “If we really want to shape the future, we must have the courage to look beyond our geographical boundaries and pave new paths. I am thinking of the energy sector, where our cooperation can help make a difference, and I am also referring to critical raw materials, where our collaboration aims to generate shared benefits and mutual opportunities,” Meloni stressed. Kazakhstan is one of the richest countries in the world in terms of natural resources. This makes it a nation of significant interest to Italy – with whom Astana signed a Strategic Partnership Agreement back in 2009 – as well as to other European states. But from the Kazakh perspective, it is important that this cooperation be mutually beneficial. Astana is seeking to avoid being seen merely as a source of raw materials and expects its partners to offer tangible benefits in return. That is why Kazakhstan’s President Tokayev has pushed forcefully for the renegotiation of oil agreements with foreign energy companies operating in the country. For Astana, it is...

2 weeks ago

Can Kazakhstan Lead Small and Middle Powers in Reforming the UN?

ASTANA – The United Nations, envisioned as a pillar of global cooperation, has often struggled to rise to the challenges it was created to address. Its inability to bridge cultural divides hampers meaningful solutions to regional issues, while structural weaknesses and the exclusion of diverse regional voices from the Security Council deepen its shortcomings. Compounding these flaws is the frequent deadlock among permanent members, whose competing agendas stifle consensus and action. These inefficiencies cast doubt on the organization's ability to hear and respond to regional voices, grievances, and expectations in a rapidly changing world. Amid these persistent challenges within the United Nations, Kazakhstan's proactive stance on global issues highlights its potential to lead efforts toward fostering peace and addressing critical gaps in international cooperation. For example, although Kazakhstan prioritizes nuclear energy in its national strategy, it simultaneously remains committed to advocating for the non-proliferation of nuclear and biological weapons. Such an approach, combined with its balanced foreign policy, enables the largest Central Asian nation to seek to position itself as a leading advocate for global peace. But how realistic is that in the current geopolitical climate? As conflicts and wars continue to rage around the world, leaders from several countries have gathered in Kazakhstan’s capital, Astana, for the Astana International Forum (AIF) to discuss key global challenges ranging from energy security and geopolitical cooperation to international trade and sustainable development. For Kazakhstan’s leadership, the event serves as an ideal opportunity to reaffirm its aspiration to position the country as a middle power. According to the Central Asian state’s President Kassym-Jomart Tokayev, it is middle powers that should be prepared to take on greater multilateral responsibilities. “We all should strongly remain adherent to the United Nations Charter with no biased and selective approaches to its principles,” Tokayev said on May 29 in calling for the expansion of the United Nations Security Council that, in his view, should include broader regional representation. This idea was firmly supported by President Gordana Siljanovska-Davkova of North Macedonia, who numbered among the major guests in Astana. She argues that small countries, along with middle powers, should be "the greatest advocates of effective multilateralism," as they stand to gain the most from institutions like the United Nations. “The Security Council should be expanded, reformed and democratized to make it more accountable and more responsible in maintaining international peace and security,” Siljanovska-Davkova stressed, adding that the international institution “should take its rightful place as a principal representative body, not only for debate and deliberative democracy but also for policymaking.” The problem, however, is that major global powers, as permanent members of the UN Security Council, are unlikely to voluntarily relinquish their positions within the organization. Small and middle powers will, therefore, undoubtedly have to work hard to achieve their ambitious geopolitical goals. In the meantime, they are expected to continue developing bilateral relations. “The task before us is clear – to preserve cooperation where it still exists and to restore it where it has broken down. We must widen this...

2 weeks ago

Kazakhstan’s Diplomatic Dance: Securing Power in Turbulent Times

For Kazakhstan, strengthening ties with neighboring Central Asian states – as well as with Russia, China, and the West – is a top foreign policy priority. That, however, does not mean that the energy-rich nation is not also seeking to build stronger relations with other actors on the international stage. The largest regional country views itself as an aspiring middle power. As such, it intends to continue pursuing what Roman Vassilenko, Kazakhstan’s Deputy Foreign Ministry, describes as a “balanced, constructive and pragmatic foreign policy.” Yet, in an increasingly turbulent world, this approach comes with its own sets of challenges. One of them is undoubtedly the construction of the nation’s first nuclear power plant. Kazakhstan’s President Kassym-Jomart Tokayev has repeatedly stated that an international consortium with participation by companies from China, France, Russia, and South Korea should be responsible for that. But how realistic is that under the current geopolitical circumstances? “No decision of the composition of the consortium has been made yet, although we are actively negotiating with the companies interested in the construction,” Vassilenko told The Times of Central Asia, emphasizing that Tokayev has stressed that Kazakhstan will need more than one nuclear power plant. That is why, in Vassilenko’s view, there will likely be different types of consortiums building different types of nuclear plants. Such an approach perfectly illustrates the Central Asian nation’s “multi-vector” foreign policy. “As the ninth largest country in the world, with only 20 million people, and neighboring such superpowers as Russia and China, we can naturally depend only on the best diplomacy we can deploy,” Vassilenko stressed. For that reason, Kazakhstan has initiated the Astana International Forum (AIF) – an event that reflects today’s interconnected global challenges, ranging from energy security and the climate crisis to technological innovation, sustainable development, and geopolitical cooperation. This year, the AIF – taking place in the Kazakh capital on May 29-30 – will host leaders from nations such as Rwanda, Qatar, Albania, Croatia, and North Macedonia, among others. The fact that Astana will host leaders from several Balkan countries clearly suggests that Kazakhstan plans to strengthen ties with this part of Europe. According to Vassilenko, Kazakhstan’s policymakers view the Balkans as a “promising market” which is why the Central Asian nation plans to establish direct flights to Serbia later this year. “We already have direct flights to Montenegro, and we aim to connect Kazakhstan with other European countries as well,” Vassilenko said, adding that his nation has recently opened embassies in Albania and North Macedonia. This approach demonstrates that Astana sees not only the European Union but also the EU candidate countries as potential partners. Still, for Kazakhstan – a major oil and gas producer – energy plays an important role in its foreign policy strategy. Given that the Central Asian state supplies large quantities of crude oil and petroleum products to Europe via Croatia, it’s no surprise that the Prime Minister of the former Yugoslav Republic, Andrej Plenkovic, is among the major speakers at the Astana International...

2 weeks ago

Central Asia’s Green Energy Dream: Too Big to Achieve?

Although most Central Asian nations are heavily dependent on fossil fuel production and exports, they are aiming to significantly increase the use of renewable energy, hoping to eventually become crucial suppliers of so-called green electricity to Europe. Achieving such an ambitious goal will be easier said than done, given that developing the green energy sector in the region requires massive investment. What Central Asian states – struggling to attract long-term private capital into clean energy projects – need is financing for projects that modernize power networks, improve grid stability, and enable cross-border electricity flows. These upgrades are essential for large-scale renewable energy deployment and regional trade in power. Most actors in Central Asia seem to have taken major steps in this direction. In November 2024, at the COP29 climate conference held in Baku, Kazakhstan signed several deals worth nearly $3.7 billion with international companies and development institutions to support green energy projects. Neighboring Uzbekistan, according to reports, has attracted more than €22 billion ($23.9) in foreign investment in renewable energy, while Kyrgyzstan, Turkmenistan, and Tajikistan – which is aiming to generate all its electricity from green energy sources by 2032 – have developed strategies to help increase their renewable potential. But to turn their goals into reality, all these nations will need funding – whether from oil-rich Middle Eastern countries, China, the European Union, or various international financial institutions. Presently, the development of the Caspian Green Energy Corridor – which aims to supply green electricity from Central Asia to Azerbaijan and further to Europe – remains the region’s most ambitious project. According to Yevgeniy Zhukov, the Asian Development Bank's (ADB) Director General for Central and West Asia, this initiative is a strategic priority for Kazakhstan, Uzbekistan, and Azerbaijan. “While the prospect of exporting green electricity to Europe is part of the long-term vision, the core goal of the initiative is to accelerate green growth within the region,” Zhukov told The Times of Central Asia. Together with the Asian Infrastructure Investment Bank, the ADB is funding a feasibility study for this proposed transmission corridor. The study will assess the technical and economic viability of such a system, along with the environmental and regulatory requirements. In the meantime, the ABD is expected to continue funding other green energy projects in the region. The financial entity, according to Zhukov, invested $250 million in Uzbekistan in 2023 to support renewable energy development and comprehensive power sector reforms, while in other Central Asian countries, it remains “firmly committed to driving the green energy transition.” “For instance, in Tajikistan we are exploring the potential to co-finance the Rogun Hydropower Project alongside the World Bank and other international partners. In Kyrgyzstan, our focus has been on supporting foundational reforms in the energy sector, including strengthening the policy and regulatory environment to attract private investment in renewables. In Turkmenistan, we’ve launched a total of $1.75 million technical assistance initiative to help lay the groundwork for future renewable energy development,” Zhukov stressed, pointing out that these efforts are part...

1 month ago