• KGS/USD = 0.01144 -0.87%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.09146 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 -0.87%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.09146 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 -0.87%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.09146 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 -0.87%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.09146 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 -0.87%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.09146 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 -0.87%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.09146 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 -0.87%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.09146 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 -0.87%
  • KZT/USD = 0.00188 0%
  • TJS/USD = 0.09146 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
13 January 2025

Viewing results 1 - 6 of 568

Kazakhstan Again Leads Central Asia in Military Strength

Global Firepower (GFP) has released its Military Strength Ranking for 2025, evaluating the military capabilities of 145 countries based on 60 factors, including resources, financial stability, logistics, and geographic considerations. In Central Asia, Kazakhstan continues to lead the region in military strength, ranking 57th globally, an improvement from its 58th position in 2024. Uzbekistan follows closely in 58th place, climbing seven spots from the previous year. Turkmenistan also made notable progress, rising from 83rd in 2024 to 77th this year. Kyrgyzstan saw a modest improvement, advancing to 100th from 105th, while Tajikistan moved up one spot to 107th this year. The GFP ranking evaluates around 60 criteria, such as troop levels, financial resources, logistics, and the availability of specific military assets. Kazakhstan performed particularly well in heavy weaponry, ranking 17th globally for the number of multiple-launch rocket systems (407 units) and 21st for self-propelled artillery. These strengths have significantly bolstered its defense indicators. Globally, the United States remains the top-ranked military power, supported by the world’s largest defense budget of $800 billion. Russia and China maintain their positions in second and third place, respectively. Bhutan, ranked 145th, is the weakest army on this year’s list.

Two Weeks After Crash, Russia Closes City Airspace and Azerbaijan Cancels Flight

Azerbaijan Airlines canceled a flight to the southwest Russian city of Kazan on Wednesday after the airspace over the city was closed as a security precaution, Azerbaijan’s state media reported. The cancellation of the Baku-Kazan-Baku flight came two weeks after an Azerbaijan Airlines passenger plane crashed in Kazakhstan after, according to Azerbaijan, the aircraft was accidentally hit by Russian ground fire and diverted from a planned landing in Grozny, Chechnya. Russian President Vladimir Putin has not confirmed the Azerbaijani account, though he apologized and said Russian air defenses were repelling Ukrainian drones over Grozny and two other Russian areas at the time. Azertac, an Azerbaijani state news agency, said the cancellation of the Kazan-bound flight came after Russia’s announcement of its so-called “Kovyor,” or “carpet,” operation, in which airspace over an area is closed temporarily because of a perceived threat. Kazan has previously been targeted by long-range Ukrainian drones. The Kovyor protocol came under scrutiny after an Azerbaijani airliner crashed on Dec. 25 in Aktau, Kazakhstan, killing 38 people and leaving 29 survivors. Without naming Putin, President Ilham Aliyev has harshly criticized Russian officials for alleged attempts to cover up what happened by floating false theories about the cause of the crash and said the Kovyor plan was activated after the plane was shot at, indicating criminal liability. “If there was a threat to Russian airspace, the captain of the plane should have been informed about it immediately. The airspace should have been closed immediately and the plane should have turned back,” Aliyev said, according to APA, another Azerbaijani government news agency. “I should also note that about 10 days before the accident, a similar incident occurred near the city of Grozny. An AZAL plane was turned back halfway. Why was the crew not warned about it this time? Naturally, the investigation will show this.” Kazakhstan is leading the investigation team, which includes officials from Azerbaijan and Russia as well as input from Brazilian technicians who have examined the flight data and cockpit voice recorders from the Brazil-produced Embraer 190 plane. Kazakhstan has said a preliminary report is expected within 30 days of the crash. Azerbaijan Airlines suspended flights to some Russian cities after the crash.

Kazakhstan Revises 2025 Oil Production Target Amid OPEC+ Commitments

Kazakhstan’s Ministry of Energy has lowered its 2025 oil production target by one million tons as part of the country’s commitment to meeting its obligations under the Organization of the Petroleum Exporting Countries (OPEC+) agreements. In 2024, Kazakhstan had already reduced oil production by 2.5 million tons compared to its original plan. The revised target for 2025 now stands at 96.2 million tons, down from the 97.2 million tons announced in December 2024. Despite the reduction, Prime Minister Olzhas Bektenov has instructed the Energy Ministry to implement stronger measures to increase natural gas and oil production to meet planned output levels. Frequent revisions to production forecasts in 2024 highlighted the ongoing challenges in achieving production stability. The lowered forecast is attributed to several factors, including extended maintenance shutdowns at major oilfields. The Tengiz oilfield experienced shutdowns in May and August, totaling 50 days, while the Kashagan oilfield underwent maintenance for 21 days. Additionally, an unscheduled shutdown occurred at the Karachaganak field. Production was further impacted by limitations on gas intake at the Orenburg gas processing plant, which affected operations at Karachaganak. Planned maintenance at the Caspian Pipeline Consortium (CPC)—the primary route for Kazakh oil exports—also constrained transportation capacity. Compliance with OPEC+ agreements added to the reductions in production. In mid-2024, Kazakhstan, alongside Russia and Iraq, submitted compensation schedules to OPEC to fulfill their obligations to cut oil production after exceeding quotas under the OPEC+ agreement. Under this plan, Kazakhstan began reducing production by 18,000 barrels per day in July and further cut output by 265,000 barrels per day in October 2024. These reductions will continue until September 2025. Oil export revenues in 2024 amounted to approximately 2 trillion KZT ($3.8 billion), while total budget revenues from the oil sector exceeded 2.3 trillion KZT ($4.4 billion). As previously reported by The Times of Central Asia, the National Bank of Kazakhstan recently lowered its forecast for oil prices in 2025, reducing the projected cost from $82.5 to $70 per barrel. This, combined with the revised production volumes, is expected to further impact revenues from the oil sector.

Kazakhstan Leads Central Asia in Global Passport Power Ranking 2025

Kazakhstan has secured the top spot among Central Asian countries, ranking 52nd globally in the latest Passport Index by Canadian consulting firm Arton Capital. The ranking evaluates passports based on the number of destinations their holders can access visa-free or with a visa on arrival. Kazakhstan’s passport allows visa-free travel to 46 countries and visa-on-arrival access to 50 more, totaling 96 destinations. However, Kazakh citizens still require visas for 102 destinations. Uzbekistan ranks 68th, climbing two places from 2024. Uzbek passport holders enjoy visa-free access to 32 countries and can obtain visas on arrival for 46 more. Visas are required for 120 destinations. Kyrgyzstan stands at 78th in the global ranking. Its citizens can travel visa-free to 30 countries and obtain visas on arrival in 48. Like Uzbekistan, Kyrgyz nationals need visas for 120 destinations. Tajikistan ranks 80th, with its citizens able to visit 27 countries visa-free and 46 with a visa on arrival. Tajik nationals require visas for 125 destinations. Turkmenistan is 85th globally, the lowest among Central Asian nations. Turkmen passport holders have visa-free access to 18 countries and visa-on-arrival privileges for 50 destinations but need visas for 130 countries. Globally, the United Arab Emirates retains its position as the most powerful passport, followed by Spain, France, Germany, and Belgium. Several countries share the same rank; for instance, German, Belgian, and Italian citizens can visit 133 countries visa-free and obtain visas on arrival in 45 countries.

Kazakhstan and Uzbekistan Collaborate on Syr Darya River Automation to Improve Water Management

Kazakhstan and Uzbekistan are moving forward with plans to install ten automated measuring stations along the Syr Darya River, a project aimed at improving water resource management. As previously reported by The Times of Central Asia in September 2024, this initiative was first discussed during meetings between Uzbek Minister of Water Resources Shavkat Khamroyev and Kazakh Minister of Water Resources Nurzhan Nurzhigitov. The discussions focused on automating and digitizing water accounting in the river basin. On January 7, the two countries announced that they had agreed to develop technical specifications for the project. Five stations will be installed in each country, with the German Agency for International Cooperation (GIZ) assisting in the development of draft technical specifications. Meanwhile, negotiations are ongoing with international financial institutions to secure funding for the project. “This is just the beginning,” stated Kazakhstan’s Vice Minister of Water Resources and Irrigation, Nurlan Aldamjarov. “Only the first ten sections have been identified so far, but we aim to automate all major hydro posts and ensure complete transparency in water accounting. We are also actively addressing this issue in talks with our Kyrgyz and Tajik counterparts.” The automation of water management systems is a critical step for both Kazakhstan and Uzbekistan, as the Syr Darya River plays a vital role in supporting agriculture and ensuring water security in the region.

Bridging Borders: Louis Albertini on Central Asia’s Tech Growth, Startup Challenges, and Building Global Connections

Louis Albertini has been involved in technology and startups across the United States and Kazakhstan for a decade, working with Silicon Valley and venture capital-backed startups based in Kazakhstan, including ORBI and Farel. He is passionate about supporting founders in succeeding in the U.S. market and building connections between the U.S. and Kazakhstan. TCA spoke with Louis to gain insights from his experiences in the Kazakhstan market.   TCA: Can you share your career journey in Kazakhstan and what motivated you to work in diverse roles like marketing, consulting, and startups? Louis: I arrived in Kazakhstan in July 2015 as a Princeton in Asia fellow and spent a year working in the President's Office at KIMEP University with Dr. Chan Young Bang. I served as his communications officer, writing official correspondence, liaising with different departments, and managing the day-to-day affairs of the office. After my PiA fellowship ended, I decided to stay in Almaty and start exploring the nascent startup scene. In 2016, I joined the founding team of a startup called ORBI, which developed 360-degree video recording glasses. This was the first Kazakhstani startup that attracted significant venture financing and was invited to interview at Y Combinator in 2016. We raised about $7 million for the company and secured $350 thousand in pre-orders, the largest ever for a Kazakh start-up. Back then, the YC batches were extremely small, and interviews were conducted in person at their historic but now-closed 320 Pioneer Way office in Mountain View. This was my first applied experience with Kazakhstan startups, and I've been involved ever since.   TCA: What inspired you to create Redfern Partners, and how did you help address the challenges SMBs and tech companies face in Central Asia? Louis: Working at the American Chamber of Commerce gave me some insight into the market research landscape in Kazakhstan, primarily by listening to business leaders complain about available options. Besides the major consulting firms like McKinsey and BCG, which are more focused on quasi-state projects that need stamps of approval, the SMB space for high-quality independent research was largely empty. The Big 4 have variations of market research services, but their core specialty is audit and tax. Most local incumbents were formed in the early 1990s and use outdated methodologies that produce inaccurate or trivial insights. International research firms lack local coverage and rely on a loose patchwork of freelancers. Redfern was formed to offer high-quality, independent market research services to fill this void. We completed about twenty projects and continue to be a partner for the European Bank for Reconstruction and Development (EBRD) small business initiative.   TCA: What common mistakes did you see SMBs in the region make, and how did you help them overcome these? Louis: The SMB space in Kazakhstan is hugely underserved and overlooked, offering the largest surface area regarding technology adoption. In the US, SMBs employ nearly half of the American workforce, representing 45% of America's GDP. In Kazakhstan, the market is mainly asymmetrical, with large players...