• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.09149 -0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.09149 -0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.09149 -0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.09149 -0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.09149 -0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.09149 -0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.09149 -0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.09149 -0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
20 January 2025

Viewing results 1 - 6 of 951

Kazakhstan-China Railway Cargo Transportation Reaches Record High in 2024

In 2024, railway cargo transportation between Kazakhstan and China exceeded 32 million tons, achieving an all-time high, according to the Kazakh Ministry of Transport. Kazakhstan’s rail exports to China grew by 1 million tons, totaling 13.7 million tons. Key export commodities included iron and non-ferrous ore, ferrous and non-ferrous metals, and grain. Meanwhile, Chinese transit cargo passing through Kazakhstan increased by 19%, reaching 15.3 million tons. Additionally, containerized Chinese cargo transiting to Europe via the Trans-Caspian International Transport Route (TITR) recorded significant growth, rising by 43% compared to 2023. One of the main drivers of this record-breaking performance was the opening of a Kazakh terminal at the dry port in Xi’an, China. In 2024, more than 300 container trains passed through this terminal and the Kazakh Caspian port of Aktau, an astonishing thirtyfold increase from 2023. Kazakhstan Temir Zholy (KTZ), the country’s national railway company, has expanded its terminal network. Currently, Kazakhstan operates five major terminals: The port of Lianyungang (China), The dry port in Xi’an (China), Dostyk railway station (Kazakhstan), The Khorgos Gateway dry port (Kazakhstan), and The ferry complex at the Caspian port of Kuryk (Kazakhstan). Kazakhstan has announced plans to add nine additional terminals over the next two years, reinforcing Kazakhstan’s position as a vital hub for transcontinental trade. Several terminal construction projects began in 2024, including: Almaty, Kazakhstan: A logistics hub aimed at strengthening domestic cargo-handling capacity. Azerbaijani port of Alat: A joint project involving Kazakhstan, Azerbaijan, and China to establish a cargo terminal in Baku. Budapest, Hungary: A terminal in Hungary’s capital designed to expand Kazakhstan’s trade network in Europe. Selyatino, Russia: A facility near Moscow to support rail cargo transportation between Kazakhstan, Russia, and China. Additionally, and in collaboration with China’s port of Lianyungang, Kazakhstan has begun constructing a container hub at the Caspian port of Aktau. Kazakhstan’s expanding railway infrastructure will solidify its role as a key logistics hub connecting China, Central Asia, and Europe. With continued investment in terminal networks and partnerships with regional and global stakeholders, Kazakhstan is well-positioned to further enhance its trade capacity and meet the growing demand for transcontinental cargo transportation.

Iranian President Honored as Professor at Tajik Medical University

The President of Iran, Masoud Pezeshkian, has been awarded the title of honorary professor by Avicenna Tajik State Medical University, according to the Khovar news agency. On January 16, during his first state visit to Tajikistan, Pezeshkian, accompanied by Tajik Prime Minister Kohir Rasulzoda, toured the university. He met with faculty members and learned about the institution’s achievements, including advancements made at its Simulation Center. In a special ceremony, Pezeshkian received the title of honorary professor in recognition of his significant contributions to medical science and his efforts to foster cooperation in training skilled medical specialists. Expressing his gratitude, Pezeshkian thanked the people of Tajikistan for their warm hospitality and highlighted the importance of strengthening partnerships in healthcare, stating, “We are ready to enhance cooperation in healthcare, including sharing expertise in pharmaceuticals, surgery, and medicine.” Pezeshkian concluded his visit to the university by signing the guest book. This is Pezeshkian's first state visit to Tajikistan. Upon his arrival on January 15, he was welcomed personally by Tajik President Emomali Rahmon at Dushanbe International Airport.

Kazakhstan’s Nuclear Power Move and Implications for the West

Kazakhstan’s recent referendum approving the construction of its first nuclear power plant (NPP) is a watershed moment. More than a domestic policy decision, this move puts into relief Kazakhstan's strategy for positioning itself as a linchpin in the diversification of global energy supply chains, with the world's largest uranium reserves accounting for nearly 40% of the global supply and a key geographic location. The country's ambitions align with the broader resurgence of nuclear power as an indispensable component of a sustainable energy future, countering decades of stagnation in the West and challenging the dominance of Russia and China. The renewed attention on nuclear energy arises from a convergence of systemic and technological factors. Environmental pressures to reduce reliance on fossil fuels such as gas and coal have left energy producers searching for scalable, reliable alternatives. Renewable energy sources like wind and solar, while important, remain limited by intermittency and storage challenges. At the same time, safety concerns rooted in historical disasters — Chernobyl, Three Mile Island, and Fukushima — have been mitigated by advances in reactor technology. A growing public recognition of nuclear power's viability has resulted. In this context, Kazakhstan's entry into the nuclear power arena is logical. Enhancing its ability to integrate uranium extraction with downstream nuclear fuel production would underscore its potential to play a central role in addressing global energy needs. By fostering international partnerships, Kazakhstan can leverage its resource wealth to become a critical supplier for advanced economies looking to diversify their energy mix. Kazakhstan's move comes at a time of shifting geoeconomic dynamics in the nuclear energy sector. Over the past three decades, Russia and China have consolidated their dominance, exploiting the West’s inertia. Russia has used NPP construction as a geoeconomic tool, creating dependence in such countries as Turkey and Uzbekistan. China, meanwhile, has aggressively developed its domestic nuclear infrastructure while securing global uranium supplies, particularly through investments in Africa and Central Asia. By contrast, Western nations have lagged behind, plagued by fragmented project management, skilled labor shortages, and political resistance. Anti-nuclear movements, many of which gained momentum during the Cold War with Soviet backing, have continued to stymie development in Europe and North America. The resulting industrial inertia has left Western economies vulnerable, with insufficient capacity to meet rising energy demands or counterbalance Russian and Chinese influence. Kazakhstan's emergence offers the West a rare opportunity to reverse this trend. The country’s multi-vector diplomatic strategy, emphasizing balanced relations with global powers, makes it an ideal partner for rebalancing energy supply chains. Kazakhstan’s role in global energy extends beyond uranium. The country’s geological resources overlap with deposits of rare-earth elements (REEs), which are vital for advanced defense technologies, renewable energy systems, and high-tech manufacturing. The shared extraction technologies and logistical infrastructure for uranium and REEs present opportunities for integrated resource development. NATO’s Partnership for Peace (PfP) program could play a pivotal role in this regard. By incorporating rare-earth mining and supply chain security into NATO’s Critical Energy Infrastructure Protection (CEIP) framework, member states could...

Kazakh President Proposes Solutions to Climate Threats at Abu Dhabi Summit

Kazakh President Kassym-Jomart Tokayev participated in the Abu Dhabi Sustainability Week summit, where global leaders and experts convened to address pressing challenges in sustainable development. In his address, Tokayev highlighted the urgent threats posed by climate change, desertification, biodiversity loss, and food insecurity - issues exacerbated by geopolitical tensions and disruptions to global supply chains. Kazakhstan’s Strategy for Sustainability Tokayev presented Kazakhstan’s roadmap for tackling these challenges, focusing on digitalization, major infrastructure projects, and nuclear energy. Noting that global energy systems account for 75% of greenhouse gas emissions, he underscored Kazakhstan’s commitment to green energy development. The country is collaborating with international partners, including Masdar, Total, and Eni, to implement projects to generate 43 GW of renewable energy. Additionally, Tokayev highlighted the strategic importance of constructing Kazakhstan’s first nuclear power plant, an initiative supported through a national referendum. Regional Connectivity and Transport Infrastructure Addressing the role of transportation in sustainable development, Tokayev emphasized Kazakhstan’s position as a key transit hub in Eurasia. He called for further development of the Trans-Caspian International Transport Corridor to enhance regional connectivity and strengthen global supply chains. Sustainable transport infrastructure, he argued, is essential for driving economic growth across the region. Climate and Food Security in Central Asia Tokayev devoted significant attention to the challenges facing Central Asia, particularly the impact of global warming on ecosystems and agriculture. He proposed the introduction of water-saving technologies, the modernization of irrigation systems, and the application of artificial intelligence to better manage water resources. On food security, Tokayev outlined Kazakhstan’s plan to advance sustainable agricultural practices and technologies, aiming to mitigate climate risks while ensuring reliable food supplies. A Global Paradigm Shift Tokayev called on the international community to adopt a new development paradigm based on green finance, the transfer of climate-friendly technologies, and the integration of artificial intelligence with environmental priorities. He emphasized that aligning these strategies could significantly boost global GDP by 2030 while addressing environmental challenges. Summit Collaboration and Hope for the Future The Kazakh President concluded his speech by expressing optimism that the summit could serve as a turning point in harmonizing global priorities for sustainable development. The event featured participation from other prominent leaders, including Uzbek President Shavkat Mirziyoyev, Rwandan President Paul Kagame, Finnish Prime Minister Petteri Orpo, Malaysian Prime Minister Anwar Ibrahim, and President of the International Union for Conservation of Nature Razan Al Mubarak. Together, the dignitaries reinforced the need for global cooperation in confronting environmental and economic challenges.

Explosions, Panic, Darkness: Kyrgyz Passenger Describes Azerbaijan Airlines Crash

"We are making an emergency landing. Hold on tight, the impact will be strong. After landing, exit the plane quickly.” Rinat Asanov, a passenger from Kyrgyzstan and one of 29 people who survived the Azerbaijan Airlines plane crash in Kazakhstan on December 25, recalled the announcement by a flight attendant shortly before the violent impact that killed 38 others on the aircraft. Asanov, who suffered a severe head injury, fractures and bruises, was recently discharged from a hospital in Bishkek and was interviewed by AKIpress, a news agency based in the Kyrgyz capital. Azerbaijan alleges the Embraer 190 plane diverted from a planned landing in Grozny, Chechnya to Aktau, Kazakhstan after being accidentally hit by Russian ground fire, and Kazakh authorities have said preliminary results of an investigation are expected this month. Most of the 67 people on board, including five crewmembers, were from Azerbaijan, and the second-largest group was from Russia. Six Kazakh citizens died. All three Kyrgyz nationals on the plane survived. Asanov, who was in a coma for three days in a Kazakh hospital before being transferred to intensive care in Kyrgyzstan, described a “good mood” as the flight got underway that morning. He promptly fell asleep on the plane. “Suddenly, a loud sound was heard, similar to an explosion,” he told AKIpress. “I woke up in panic and everyone was crying.” Seconds later, another explosion. “I was confused and didn't understand what was happening. The flight attendants tried to calm down us saying: "Don't panic, everything will be fine, we will land safely."´ Then came the warning about the emergency landing. “It’s difficult to imagine how one should feel at such moments,” Asanov said in the interview, which was published on Tuesday. “First I believed that we could land with no consequences. It was very scary, I felt my vision darken. Later I realized I had lost consciousness. I was sitting in the middle of the cabin, near the wing. As I was later told, passengers in this area and in the tail section of the plane were less injured. However, many in the front part of the plane were severely affected." Other passengers have given similar accounts of events leading to the crash, and small holes in part of the fuselage appear to support the theory that the plane was sprayed with shrapnel. Edil Baisalov, Kyrgyzstan’s deputy Cabinet chairman, visited the Kyrgyz survivors while they were being treated at the National Hospital in Bishkek. He said the country is “incredibly lucky” that they survived and he thanked Kazakhstan for rescue and treatment efforts, according to 24.kg, a Kyrgyz news agency. The two other Kyrgyz survivors were less severely injured than Asanov and were discharged from hospital care before him. Asanov, an IT student at the International University of Kyrgyzstan, previously worked for two years as a surveyor on construction sites in Russia. He is in his 20s. Since the accident, he has found strength in his religious faith and a feeling that he has a...

New U.S. Anti-Russian Sanctions Could Spell Trouble for Central Asian Economies

On January 10, 2025, the U.S. Treasury Department announced a new package of sanctions targeting Russia’s energy sector. The measures, which affect a wide range of organizations and individuals, are set to take effect on February 27. While ostensibly aimed at undermining Russia’s economic interests amid the ongoing conflict in Ukraine, the sanctions are likely to have significant repercussions for Central Asian countries given their close economic ties with Russian energy giants. The sanctions package, viewed by some analysts as a final move by the outgoing Biden administration, could become a potent tool for the incoming administration to exert influence over Russian interests in Central Asia. Sanctions on Gazpromneft Subsidiaries The new sanctions include restrictions on Gazpromneft's subsidiaries operating in Central Asia. Affected entities include Gazpromneft Tajikistan, Gazpromneft Kazakhstan, Gazpromneft Asia (Kyrgyzstan), and Munai Myrza (Kyrgyzstan). According to the U.S. Treasury Department, Gazpromneft and its regional subsidiaries are considered critical sources of revenue that support Russia’s military efforts in Ukraine. In response, Gazpromneft characterized the sanctions as "unfounded, illegitimate and contrary to the principles of free competition." The impact of these sanctions, however, could prove severe for the economies of Central Asia, where Gazpromneft plays a key role in the energy sector. Gazpromneft Asia, for example, is a major supplier of petroleum products in Kyrgyzstan, making it a critical player in the domestic market. Sanctions on the company could disrupt fuel supplies and drive up energy prices in the country. Gazpromneft Kazakhstan LLP, based in Almaty, operates a network of Gazpromneft-branded gas stations in Kazakhstan. While disruptions to fuel supplies in this network might not critically affect Kazakhstan’s economy - the largest in Central Asia - the sanctions carry broader implications. Threats to Joint Projects Beyond direct sanctions on companies, several executives of Russian oil firms actively operating in Kazakhstan have been added to the U.S. sanctions list. Key figures include Vadim Vorobyev, President of Lukoil PJSC and a member of Kazakhstan’s Foreign Investors Council. Lukoil is a strategic partner of KazMunaiGas (KMG) in production and exploration projects; Nail Maganov, CEO of Tatneft, which collaborates with KMG on projects such as Karaton Podsolovaya, Butadiene, and the Saran Tire Plant; Alexander Dyukov, the Chairman of Gazpromneft, and Sergei Kudryashov, CEO of Zarubezhneft, which has signed letters of intent for joint projects with KMG. These sanctions could complicate existing partnerships and delay key projects, undermining Kazakhstan’s energy sector and its broader economic growth. Sanctions on Rosatom and Nuclear Energy Another significant element of the sanctions package is the inclusion of Rosatom executives on the U.S. sanctions list. This development poses challenges to Kazakhstan’s plans to establish an international consortium - including representatives from France, South Korea, China, and Russia - to build a nuclear power plant. With Rosatom facing restrictions, the consortium is now likely to exclude Russia, potentially straining relations between Astana and Moscow. A global leader in nuclear energy, Rosatom was expected to play a central role in the project. Kazakhstan may now explore alternative arrangements, balancing its energy ambitions with the...