• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10714 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10714 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10714 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10714 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10714 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10714 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10714 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10714 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%

Viewing results 25 - 30 of 83

Kazakhstan Grain Exports Surge to Iran, Azerbaijan, and Central Asia

Kazakhstan exported 12.4 million tons of grain and flour between September 2024 and July 2025, marking a 34% increase from the same period in 2023-2024, when exports totaled 9.3 million tons, according to the Ministry of Agriculture. Kazakhstan recorded substantial export growth to key regional markets. Shipments to Uzbekistan rose by 28.2%, from 3.384 million to 4.338 million tons, while exports to Tajikistan grew by 39.2%, reaching 1.446 million tons. Deliveries to Kyrgyzstan more than doubled, increasing 2.5 times from 156,000 to 398,000 tons. Exports to Iran surged nearly 17-fold, jumping from 56,000 to 974,000 tons, and shipments to Azerbaijan skyrocketed 120-fold, from just 6,000 to 723,000 tons. A major milestone of the 2024-2025 export season was the diversification of export destinations. For the first time, Kazakh grain reached Belgium, Poland, Portugal, Norway, and the United Kingdom. Additionally, Kazakhstan exported approximately 60,000 tons of wheat to Morocco and 15,000 tons to Vietnam. Grain exports to Azerbaijan, Georgia, and Turkey resumed after a five-year hiatus, and shipments of durum wheat to Italy saw significant growth. The increased volumes highlight the growing competitiveness of Kazakh grain on the international market and reinforce Kazakhstan’s standing as one of the world’s leading grain exporters.

Turkish Safi Holding Eyes Sugar Factory Investment in Kazakhstan

Turkish industrial conglomerate Safi Holding has expressed interest in developing a high-tech sugar processing facility in Kazakhstan, according to the country's Ministry of Agriculture. The announcement followed a meeting between Agriculture Minister Aidarbek Saparov and Safi Holding CEO Safi Atakan. The two sides discussed the proposed plant’s specifications, which include the capacity to process up to 1 million tons of sugar beets annually and produce approximately 140,000 tons of sugar. The estimated investment ranges from $150 million to $200 million. Potential sites for the factory are currently under consideration. According to the ministry, the key criteria for site selection include the availability of arable land for beet cultivation and proximity to necessary infrastructure. Safi Atakan praised Kazakhstan’s agro-industrial potential, particularly in sugar production. "Kazakhstan presents favorable conditions for expanding sugar processing operations," he noted. A similar initiative is underway by UAE-based Al Khaleej Sugar, one of the world’s largest sugar producers, which is planning a plant in southern Kazakhstan. Industry Gaps and Import Dependence Kazakhstan’s sugar sector is currently under strain due to limited processing capacity. There are four sugar factories in operation: AksuKant (Taldykorgan district), Koksu Sugar Factory (Almaty region), and the Merken and Taraz factories in the Zhambyl region. Of these, three process locally grown sugar beets, while the facility in Taraz handles imported cane sugar. Despite a record harvest of 1.2 million tons of sugar beets in 2024, only about 700,000 tons were processed, exposing significant inefficiencies in the processing chain. In 2023, Kazakhstan produced 243,000 tons of sugar, less than half of its domestic demand. The remainder was imported, primarily from Russia. However, reliance on imports has proven volatile. In the summer of 2022, Russia’s temporary export ban led to a spike in domestic sugar prices. In response, the Kazakh government imposed seasonal export restrictions, which have been extended through 2025, to stabilize local markets.

Opinion: Mirziyoyev’s Historic Visit Opens New Era for Uzbekistan-Mongolia Ties

Uzbekistan’s President Shavkat Mirziyoyev embarked on a historic journey to Mongolia on June 24-25, marking a significant milestone in the relationship between the two nations. This landmark visit, the first of its kind in over thirty years since the establishment of diplomatic ties, signifies a new era of collaboration and potential growth in Central Asia. Accompanied by his wife, Mirziyoyev was warmly received in Ulaanbaatar by Mongolian Foreign Minister Batmunkh Battsetseg and a host of other dignitaries. Their arrival set the stage for discussions aimed at unlocking vast opportunities for multifaceted cooperation and development, reflecting a shared vision for a prosperous future. Despite the significant geographical distance that separates Uzbekistan and Mongolia, the two nations are witnessing a remarkable evolution in their bilateral relations. This burgeoning partnership spans several domains, including diplomacy, economics, transportation, culture, and humanitarian efforts. A pivotal moment in this relationship was marked by the recent inauguration of the Mongolian Embassy in Tashkent, which symbolizes a commitment to fostering closer ties. Additionally, the increased frequency of intergovernmental and interparliamentary dialogue reflects a shared ambition to enhance collaboration. The signing of 14 bilateral agreements further underscores a mutual desire to cultivate trust and strengthen the partnership, paving the way for a promising future. In recent years, the partnership between Uzbekistan and Mongolia has experienced a remarkable surge in trade and investment. This dynamic growth is underpinned by a robust and multifaceted cooperation that spans numerous sectors, showcasing the commitment of both nations to strengthening ties. Between 2018 and 2023, trade between Uzbekistan and Mongolia experienced a significant increase, rising by more than 8.8 times. This impressive upward trajectory has continued into the early months of 2025, with preliminary data indicating a sustained expansion. Uzbekistan exports a variety of goods to Mongolia, including vital agricultural and industrial products, while Mongolia has ramped up its livestock exports, enriching the trading landscape. The establishment of numerous joint ventures exemplifies, with many ventures operating in Uzbekistan featuring 100% Mongolian capital, primarily in the realms of trade and services. Both nations are actively identifying and pursuing opportunities for collaborative projects in critical areas, including logistics, agro-processing, and machinery manufacturing. A particular emphasis is placed on joint production initiatives in sectors such as leather, wool, and cashmere processing, as well as the fabrication of electrical equipment, machinery, and construction materials. Agricultural cooperation is also a key focus, with plans for joint clusters and projects aimed at the processing and production of meat, dairy, wool, and leather products. Enhancing transport interconnectivity and developing innovative logistics routes are prioritized, with a direct air service between the capitals anticipated to be in place by the end of the year. Cultural and humanitarian exchanges are being fostered through initiatives such as the Days of Uzbek Culture, which take place in Ulaanbaatar, and the return of Mongolian students to Uzbek universities. The recent meeting between the President of Uzbekistan and the President of Mongolia, Ukhnaagiin Khurelsukh, marked a significant step toward enhancing bilateral cooperation. Both leaders engaged in productive...

Kazakhstan’s Nuclear Diplomacy – With China Set to Build Second, Who Will Construct Third Nuclear Power Plant?

Kazakhstan’s famed hospitality, long enshrined in its national proverbs, has also become a guiding principle in its foreign policy. One recent example is the Kazakh government’s diplomatic maneuvering in the selection of partners for its nuclear power program. Leader of the Race Initially, Kazakhstan planned to build a single nuclear power plant by 2035 to address potential electricity shortages. However, following the October 6, 2024, referendum, where 71.12% of voters approved a plant in the Almaty Region, President Kassym-Jomart Tokayev instructed the government to explore the construction of at least two additional facilities. This directive, as it turns out, was both timely and strategic. In March 2025, the newly formed Atomic Energy Agency, reporting directly to the president, was tasked with overseeing the selection of international consortium leaders. On June 14, the agency announced that Russia’s state-owned Rosatom would lead the consortium to build Kazakhstan’s first nuclear power plant. Rosatom CEO Alexey Likhachev welcomed the decision, stating that the VVER-1200 Generation 3+ reactors, already operating in Russia and Belarus and selected by partners in Hungary, Egypt, Turkey, Bangladesh, and China, would be used. These reactors, he emphasized, meet international safety standards and integrate both active and passive safety systems. Tricks Up Their Sleeves Behind the scenes, the selection process revealed a quiet tug-of-war between Chinese and Russian interests. Ultimately, Rosatom prevailed, thanks, in part, to two strategic moves. First, Rosatom’s supporters enlisted Assystem, an ostensibly independent nuclear engineering consultancy, to assist Kazakhstan Atomic Power Plants LLP in the evaluation process. The firm’s analysis favored Rosatom. Second, to pre-empt concerns about Western sanctions, the Kazakh authorities emphasized that Kazakhstan would be the sole owner and operator of the facility. Atomic Energy Agency head Almasadam Satkaliev stated that Kazakhstan would control the entire production cycle from uranium mining to fuel processing and plant maintenance, thereby limiting direct Russian involvement post-construction. This arrangement may allow the creation of a Kazakh legal entity immune to Western sanctions, as it would be wholly state-owned. Whether this could offer Rosatom a loophole for acquiring restricted components remains an open question but one that few may press given the global interest in nuclear safety. Another Contender Emerges Just hours after Rosatom’s contract was announced, Satkaliev made a second, equally strategic statement: China National Nuclear Corporation (CNNC) would lead the construction of Kazakhstan’s second nuclear power plant. Satkaliev cited CNNC’s “strongest proposals” and revealed plans for a broader agreement on nuclear cooperation with China. “Objectively, few countries can master the entire nuclear cycle. China is one of them,” Satkaliev noted. Back in February, prior to the agency’s creation, Kazakhstan’s Ministry of Energy, then also led by Satkaliev, had identified Kurchatov and Aktau as potential sites for future nuclear facilities. Kurchatov lies near the former Semipalatinsk nuclear test site, while Aktau once hosted the Soviet-era BN-350 fast neutron reactor. The timing of Satkaliev’s announcement is no coincidence. Chinese President Xi Jinping is scheduled to visit Kazakhstan on June 16 for the second China-Central Asia Summit. For a nation that...

Kyrgyz Farmers in Naryn Region Receive Ecotourism Training

Farmers in Kyrgyzstan’s Naryn region are receiving specialized training to help them tap into the growing ecotourism market. Organized by the Kyrgyz Department of Tourism, the courses aim to equip rural communities with the skills and tools necessary to turn their agricultural operations into attractive destinations for eco-conscious travelers. During the sessions, local farmers were introduced to tourism opportunities specific to their region. They also learned how to register and promote their services on major digital platforms such as Booking.com, TripAdvisor, Google Maps, and 2GIS. A key focus of the training was on storytelling and digital marketing. Participants were taught how to showcase the uniqueness of their farms through reviews, videos, and visual content, tools seen as vital for attracting visitors in the digital age. Ecotourism, and agritourism in particular, has seen a notable rise in popularity among international visitors, especially from Europe. Kyrgyzstan’s rural areas attract travelers seeking an authentic glimpse into traditional life and rich local culture. The Kyrgyz Association of Tour Operators (KATO) notes that rural tourism is expanding steadily. In a recent report, the association highlighted the importance of proactive promotion. “The main thing is to position your business as a tourist attraction and actively promote it, attracting potential partners and customers. Income will depend on effort and imagination, because tourism is about selling new experiences and positive emotions,” KATO stated. With tourism continuing to diversify in Kyrgyzstan, initiatives like this are seen as essential to empowering local communities and fostering sustainable economic development in remote regions like Naryn.

Uzbekistan to Chair ADB Board, Host 2026 Annual Meeting in Samarkand

Uzbekistan is poised to assume a greater leadership role within the Asian Development Bank (ADB) following key announcements at the institution’s 58th Annual Meeting of the Board of Governors, held on May 6-7 in Milan, Italy. Uzbekistan’s delegation, led by Deputy Prime Minister Jamshid Khodjaev, participated in the high-level event. According to the Ministry of Investments, Industry and Trade of Uzbekistan, the meeting concluded with the formal announcement that Uzbekistan will chair the ADB Board of Governors for the 2025-2026 term. Khodjaev was confirmed as the board’s next chair, a move widely seen as a reflection of the growing trust and confidence of international financial institutions in Uzbekistan’s reform trajectory. Additionally, it was agreed that Samarkand will host the ADB’s 59th Annual Meeting in May 2026. During the Milan meeting, the parties also signed an ambitious cooperation program outlining 23 new projects valued at $3.6 billion, to be implemented over the next two years. These initiatives will target strategic sectors such as education, drinking water supply, transport, and technical assistance. The announcement builds on an existing track record of cooperation. Recent projects include a $125 million ADB loan aimed at modernizing Uzbekistan’s water systems. This initiative encompasses the installation of smart water meters, mapping of water infrastructure, modernization of customer service centers, and training for utility staff, all intended to enhance national water security and service efficiency. Uzbekistan’s expanding partnership with the ADB is expected to accelerate its social and economic development objectives, particularly as the country continues to pursue wide-ranging reforms and infrastructure upgrades.