• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
15 January 2025

Viewing results 517 - 522 of 947

U.S. Ambassador to Kazakhstan: We Never Make Kazakhstan Choose Between “Us Or Them”

In an interview with the KazTAG agency, U.S. Ambassador to Kazakhstan Daniel Rosenblum discussed relations between the U.S. and Kazakhstan. In the two years since his appointment, Rosenblum noted significant progress in developing diplomatic and economic ties between the countries. In particular, he emphasized the importance of Kazakhstani President Kassym-Jomart Tokayev's visit to New York for the C5+1 platform summit, as well as the visits of the U.S. Secretary of State to Kazakhstan and the Kazakhstani Foreign Minister to the United States. Rosenblum also highlighted key support programs initiated by the U.S. in Kazakhstan, including USAID projects to resolve commercial disputes and decentralize public administration. These initiatives help strengthen the business environment and increase foreign investors' confidence in Kazakhstan, which, he said, helps attract more investment. Economic relations between the U.S. and Kazakhstan have shown steady growth, with trade exceeding $4 billion in 2023, a 30% increase over the previous year. The U.S. remains one of the largest investors in Kazakhstan, second only to the Netherlands. In recent years, U.S. companies have shown interest in new sectors, including transportation and critical minerals. For example, Wabtec has invested in locomotive production in Kazakhstan, and Pepsi Co. has invested $160 million to build a plant to produce potato chips and other snacks in Almaty region. The ambassador also discussed democratization and human rights, noting positive developments in Kazakhstan, such as the establishment of the Constitutional Court, and the expanded role of the ombudsman institution. He emphasized that Kazakhstan has worked to improve freedom of speech, assembly, and fair elections. On security issues, the ambassador reiterated the U.S.' commitment to protecting Kazakhstan's independence and sovereignty. He emphasized the importance of joint exercises and programs to strengthen defense and law and order in Kazakhstan. Regarding sanctions against Russia, Rosenblum said that the U.S. respects President Tokayev's position of adhering to international sanctions but does not apply its sanctions against Russia. The U.S. is engaging with the Kazakh government to minimize the impact of these sanctions on the country's economy and to find alternative markets for Kazakh goods. "We know that Kazakhstan needs to maintain good relations with its neighbors. It is natural to have positive trade relations and other types of relations to ensure peace and stability. We recognize and respect that it is not only the right but probably the duty of Kazakhstan to maintain such relations. We never put Kazakhstan before "either us or them" situations; we do not have such an approach to relations. Kazakhstan pursues a multi-vector policy, and we count on being one of the right vectors," the ambassador said. U.S. policy toward Kazakhstan is unlikely to change significantly, even if a Republican president wins the next U.S. election, Rosenblum said. The basic principles of supporting sovereignty and stability in Central Asia will remain unchanged, regardless of the political administration in Washington.

U.S. Refurbishment of Pilatus PC-12 Aircraft for Uzbekistan

US company Sierra Nevada Corporation (SNC) has been awarded a $64.2 million contract to refurbish six Pilatus PC-12 aircraft for Uzbekistan. The work will be performed in Uzbekistan and completed by August 2027. According to the U.S. Defense Department's website, the contract which was awarded under the U.S. Department of Defense's Foreign Military Sales (FMS) program, includes not only the restoration of the aircraft but also logistical support and on-site maintenance. The Pilatus PC-12 is a single-engine turboprop aircraft widely used for various missions, including surveillance and transportation. Since the aircrafts' proven reliability lends itself to civilian and military applications, their rehabilitation will have a significant impact on the expansion of Uzbekistan's aviation capabilities, including long-range monitoring and transportation missions. It is worth noting that the Pilatus PC-12 aircraft is often used in difficult conditions due to its ability to take off and land on short runways, making it indispensable for operations in Uzbekistan's remote and hard-to-reach regions.

Middle Corridor Container Transit Through Kazakhstan Showing Dramatic Growth

Kazakhstan’s national railways company Kazakhstan Temir Zholy (KTZ) has announced that the volume of container transportation through the country is growing rapidly. In the first seven months of this year, rail container transportation from China to Europe through Kazakhstan along the Trans-Caspian International Transport Route (TITR) grew 14-fold compared to the same period last year, The TITR is a multimodal transport corridor connecting China and Europe by bypassing Russia, also known as the Middle Corridor. To develop it, Kazakhstan Temir Zholy, together with other stakeholders, is working to increase transportation volumes, improve services, and speed up cargo delivery. To date, the transportation time from Altynkol railway station on the Kazakh-Chinese border to Absheron (Azerbaijan) has been reduced to 9 days, to Poti/Batumi (Georgia) to 12 days, and to Constanta (Romania) via Poti/Batumi to 20–22 days. In 2023, KTZ and the railway administrations of Azerbaijan and Georgia established the Middle Corridor Multimodal Ltd. Joint Venture to improve multimodal services along the route. The joint venture provides a 'one-stop shop' service and guarantees delivery times and costs. KTZ is developing Kazakh port infrastructure in the Caspian Sea with the involvement of large international logistics companies.

Blast off to Baikonur: A Space Tourist’s Odyssey

Space tourism is a growing industry, with visitors to Baikonur attending launches, especially missions to the International Space Station. The town is a leased Russian enclave ensconced within Kazakhstan, including the cosmodrome which is controlled by Roscosmos, the Russian space agency. After NASA ended its Space Shuttle program in 2011, Baikonur became the only launch site to the International Space Station (ISS) until 2020. Now, 60 years after space travel began, it still remains an important gateway to the stars. As described by Megan Eaves, “Baikonur is in many ways a perfect relic of the Soviet 1960s. Stoic mosaics depicting muscular comrades heralding a new era of space still decorate entrance gates and the walls of the town's functional, Brutalist apartment blocks, which once housed construction workers, aerospace engineers and space families. Inside the cosmodrome, crumbling hangars stand side-by-side next to the original, minimalist cottages where Yuri Gagarin and the early cosmonauts slept.” [caption id="attachment_21654" align="aligncenter" width="800"] Statue of Yuri Gagarin in the town of Baikonur, Kazakhstan; image: Ric Gazarian[/caption]   Near a hotel where visitors stay is Cosmonaut’s Alley, a path in a wooded area surrounded by trees planted by all those who launched into space from Baikonur. The first tree that greets visitors is Yuri Gagarin’s from 1961. Continuing our coverage of Baikonur, TCA spoke to renowned travel blogger, Ric Gazarian, who in 2018 witnessed the MS-08 launch which sent three men on the 55th expedition to the ISS. TCA: Your blogs about your experience at Baikonur contain a lot of history on the Russian space program; where and when did you find out about Baikonur and the space program? Was there anything in particular that piqued your interest? Gazarian: There wasn’t a specific moment, but I’ve been intrigued by space travel since I was a kid. NASA is exceedingly cool and fascinating, and so is Roscosmos, but with the addition of the exoticness from a Western perspective. The history and rivalry between the U.S. and the Soviet Union’s space program is so rich. So, when I found out about the opportunity to visit Baikonur and witness a space launch, it was immediately added to my bucketlist. It was this unique opportunity to witness firsthand Soviet/Russian space traditions. The added bonus is so few people make the effort to visit. [caption id="attachment_21619" align="aligncenter" width="2560"] Museum in the Chelomey International Space School, Baikonur, Kazakhstan; image: Ric Gazarian[/caption]   TCA: You stated that “This was not your typical tourist trip to Paris…This was a group of space geeks and Soviet fan boys.” Which one are you? Gazarian: A little bit of both. One experience we had was watching the cosmonauts leave their quarantine hotel and board the bus to take them for their final preparations before the launch. A crowd of a couple of hundred people had circled their bus; it was a rock star moment. To know these guys were soon to be launched into space touches you emotionally. And yes, this is a dream come true for Soviet...

Central Asia’s Olympic Performance: A Regional Overview

On their return home from the Olympic Games in Paris, the Times of Central Asia reported a sense of regional unity as athletes from Uzbekistan, Turkmenistan, Tajikistan, Kyrgyzstan, and Kazakhstan celebrated each other's victories. Uzbekistan won 13 medals, including eight golds, two silvers, and three bronzes, placing it top amongst Central Asian countries, and in 13th place of the 206 countries on the medals table . The National Olympic Committee of Uzbekistan announced that the equivalent of $5,804,108 had been allocated in the first three months of this year to prepare for the Paris-2024 Olympic Games. Rewards for its medalists were also generous. Gold medalists were awarded $200,000, Chevrolet Tahoes, and two-story cottages, while their coaches received $50,000 each. The silver and bronze medalists received  cash prizes of $100,000 and $50,000, respectively, along with BYD Song Plus cars and apartments as a “President’s Gift", whilst their coaches received $25,000 for silver, and $12,500, for bronze. According to the Ministry of Tourism and Sports of the Republic of Kazakhstan, the equivalent of $13,551,603 was invested in preparing the national team for the Olympics. Kazakh Olympic champions received $250,000 for gold, $150,000 for silver, and $75,000 for bronze, and with one gold, three silver, and three bronze, Kazakhstan finished 43rd overall. Kyrgyzstan allocated $3,220,140 for training its athletes and awarded silver medal winners with $83,000, and bronze medal winners with $60,000. Bringing home two silver and four bronze medals, the Kyrgyz national team was placed 68th overall. With three bronze medals, for which each athlete received $4,500, Tajikistan took 79th place. Unfortunately, despite the participation of six athletes, Turkmenistan failed to win any medals. Details concerning funding for the Tajikistan and Turkmenistan’s teams have not been disclosed.    

World Bank Considers Loan for Tajikistan’s Rogun Hydropower Plant

Tajikistan's Deputy Minister for Finance, Yusuf Majidi, has announced that the World Bank will consider financing the development of the Rogun hydroelectric power plant. According to him, the bank can allocate $650 million for this project in September this year. $250 million has been allocated as preferential loans; starting in 2025, the station's construction will be financed by other investments. Majidi specified that the construction of the hydroelectric power plant (HPP) is also financed by the Islamic Development Bank and Arab funds; according to preliminary data, this is about $550 million. When the Rogun HPP reaches full capacity, about 70% of the electricity produced will be exported to other Central Asian countries. According to the Eurasian Fund for Stabilization and Development (EFSD), financing the Rogun HPP is one of the main risks to Tajikistan’s budget and debt sustainability. The EFSD notes that a possible increase in the cost of hydropower construction could reduce funding for other critical infrastructure projects and social spending. Rogun is located 110km from Dushanbe on the Vakhsh River, and is the largest in the region. Its construction began in 1976, but it was destroyed after the collapse of the USSR. Later, Tajikistan continued work on the construction of hydroelectric power plants at its own expense and with the help of international funds and organizations, and so far, two of the six units with a capacity of 600 MW provided for in the project have been put into operation. The third is scheduled for 2025.