• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00208 0%
  • TJS/USD = 0.10429 0.1%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00208 0%
  • TJS/USD = 0.10429 0.1%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00208 0%
  • TJS/USD = 0.10429 0.1%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00208 0%
  • TJS/USD = 0.10429 0.1%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00208 0%
  • TJS/USD = 0.10429 0.1%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00208 0%
  • TJS/USD = 0.10429 0.1%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00208 0%
  • TJS/USD = 0.10429 0.1%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00208 0%
  • TJS/USD = 0.10429 0.1%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%

Viewing results 175 - 180 of 1395

Caspian Pipeline Attack After Zelenskyy-Tokayev Meeting Puts Kazakhstan in Delicate Position

A recent drone strike on the Caspian Pipeline Consortium (CPC) office in Novorossiysk has raised concerns in Kazakhstan, whose oil exports rely heavily on the pipeline route. The attack, which killed two people and damaged nearby infrastructure, occurred just one day after Kazakh President Kassym-Jomart Tokayev met with Ukrainian President Volodymyr Zelenskyy in New York. While there is no official indication that the CPC was a deliberate target, the incident has prompted debate over the implications for Kazakhstan’s economic security and diplomatic neutrality amid the ongoing war. According to CPC, the attack struck its administrative office in central Novorossiysk during the workday. The building sustained damage in addition to nearby residential blocks and a hotel. Two CPC employees were wounded and evacuated; the office’s operations were suspended. The consortium also said others in the building, not employed by CPC, suffered serious injuries.  Authorities in the Krasnodar region confirmed two deaths and seven injuries from the strike, declaring a state of emergency in the city.  Russian media reported extensive damage to residential buildings and a hotel near the CPC office.  In response, Kazakhstan’s Ministry of Energy issued a statement assuring that pipeline operations would continue as normal. The ministry said oil intake from Kazakh shippers remains unaffected, and the transportation and loading of oil via the CPC marine terminal is proceeding without restrictions. The ministry added that it is coordinating with CPC shareholders and monitoring developments in real time.  Notably, the attack followed just 12 hours after Tokayev’s meeting with Zelenskyy in New York. According to the Kazakh presidential press service, Zelenskyy expressed his view of the war’s trajectory while Tokayev emphasized the importance of sustained diplomacy. Ukraine’s version, via its presidential press service, was more expansive: Zelenskyy thanked Tokayev for support on sovereignty, insisted on a leaders’ summit, and said Kazakhstan’s mediation role was welcome. In a later interview, Zelenskyy even floated the possibility of meeting Russian President Vladimir Putin on neutral territory such as Kazakhstan.  When asked about that proposal after the Novorossiysk attack, Tokayev stated firmly that Kazakhstan does not see itself as a mediator in the Russia-Ukraine conflict. He reiterated that both sides should engage directly, while supporting continued talks. “Talks must continue,” he said.  Kazakh political analyst Daniyar Ashimbayev noted that Tokayev’s extended commentary suggested he may feel less enthusiastic about a repeat meeting with Zelenskyy. Oil expert Olzhas Baidildinov stated that around 80 percent of Kazakhstan’s oil exports transit via the CPC; he therefore warned the strike directly threatens Astana’s interests.  Baidildinov also suggested that Kazakhstan may need to consider a range of policy responses to ensure the security of its oil export routes, including enhanced monitoring of trade and transit channels. He noted that international companies operating in Kazakhstan, particularly those using the CPC pipeline, could be indirectly affected by any future disruptions. Kazakhstan’s Foreign Ministry has not issued a public statement on the incident. Meanwhile, diplomatic engagement continues at various levels. During his visit to New York, Tokayev also met with Chevron CEO Michael...

Caspian Pipeline Consortium Workers Among Injured in Ukrainian Attack in Russia

Ukrainian drones struck Russia’s Black Sea port of Novorossiysk on Wednesday, killing at least two people and injuring others, including two employees of the Caspian Pipeline Consortium, according to Russian officials and the consortium.  “The attack targeted the central part of the city, near the Novorossiysk hotel,” said Veniamin Kondratyev, governor of the Krasnodar Krai region in Russia. “Preliminary information reports two dead and three injured. Five residential buildings, including apartment buildings, as well as the hotel building, were damaged.” Tass, the Russian state news agency, later reported that eight people were injured. The Caspian Pipeline Consortium, which is critical to the export of oil from Kazakhstan, said its office was damaged in what it described as a “massive” attack.   “Two company employees sustained injuries of varying severity and were transported to a medical facility. The administrative office's work is temporarily suspended, and the staff has been evacuated,” said the consortium, also known as CPC.     The drone strike also seriously injured people in the building who are not employees of the international crude oil transportation project, according to the CPC.  Russia, Kazakhstan and major international oil and gas companies participate in the CPC project, which primarily delivers crude oil from western Kazakhstan as well as Russian producers to a marine terminal at Novorossiysk. There, it is loaded onto tankers for delivery to international markets.  Ukraine has increasingly targeted Russia’s energy infrastructure with long-range drone attacks, raising concerns about the vulnerability of Kazakhstan’s oil industry to the long-running war.

Kazakhstan and Germany Launch Mining and Metallurgy Consortium

The second Kazakh-German Week, Science and Education: Partnership between Kazakhstan and Germany, opened on September 23 at Serikbayev East Kazakhstan Technical University in Oskemen (Ust-Kamenogorsk), the industrial heart of East Kazakhstan region and a key hub for the country’s mining and metallurgical sector. A major outcome of the opening ceremony was the establishment of the Consortium for the Development of the Kazakh-German Institute of Science and Technology. The institute, launched in 2024 at East Kazakhstan Technical University, focuses on specialized training for professionals in mining and metallurgy. The new Consortium brings together leading academic institutions from both countries, including Serikbayev East Kazakhstan Technical University, Kazakh-German University, Technische Universität Bergakademie Freiberg (Freiberg University of Mining and Technology), Ruhr University Bochum, Clausthal University of Technology, Technical University of Dortmund, and the University of Duisburg-Essen. Its mission is to promote joint research, academic exchange, technology transfer, and applied projects across critical industrial domains such as mining, geology, rare earth metals, energy, and environmental engineering. Key industrial players in East Kazakhstan, including Kazzinc, the Ust-Kamenogorsk Titanium and Magnesium Plant, and the Ulba Metallurgical Plant, are actively supporting the initiative through applied science and innovation partnerships. In a video address, Minister of Science and Higher Education Sayasat Nurbek emphasized that German universities remain strategic partners for Kazakhstan in developing a future-ready workforce. Officials noted that the consortium’s launch holds particular significance for East Kazakhstan, where mining and metallurgy form a cornerstone of the national industrial economy. Long-term sustainability in the sector, they said, will depend on the integration of science, innovation, and high-level technical education.

From Reform to Deals: Central Asia Steps Onto the Global Stage at UNGA-80

Ecology, global instability, and the need for UN reform dominated the speeches of all five Central Asian presidents at the 80th session of the UN General Assembly. Presenting a united front while emphasizing national priorities, the leaders made clear that Central Asia intends to play a pivotal role in shaping the global future. UN Reform Kazakh President Kassym-Jomart Tokayev was the first among the CIS leaders to address the assembly, speaking of a growing crisis of trust in multilateral institutions and calling for sweeping reforms. Tokayev emphasized the need to expand the UN Security Council, arguing that major powers from Asia, Africa, and Latin America must receive rotational representation, and that the influence of middle powers should be strengthened. “We need to create a new group of like-minded states that will professionally and decisively advance concrete proposals for reforming the UN so that it better responds to today’s challenges and tomorrow’s tasks,” he said, proposing Kazakhstan as a platform for these discussions. Uzbek President Shavkat Mirziyoyev echoed these concerns, highlighting the weakening of international institutions and the proliferation of global conflicts. He endorsed UN Secretary-General António Guterres’ UN-80 initiative and voiced support for the Pact for the Future, which sets out commitments to strengthen multilateral cooperation and address global challenges through 2045, the UN’s centenary. Mirziyoyev also advocated for an expanded Security Council to better represent developing countries. In his address, Kyrgyz President Sadyr Japarov called for a more just and representative Security Council, underscoring Africa’s right to greater participation. He also announced Kyrgyzstan’s candidacy for a non-permanent seat on the Security Council for 2027-2028, noting that his country has never before held such a position. Tajik President Emomali Rahmon warned of growing instability, uncertainty, and complexity in world affairs. Rahmon stressed the UN’s role as a platform for dialogue and cooperation and called for equal partnerships between large and small states to restore adherence to international law. Turkmen President Serdar Berdimuhamedov argued that the current global situation requires a "decisive shift toward coordinated interaction among states and international organizations to maintain peace and security.” He proposed declaring 2028 the Year of International Law to strengthen the legal foundations of global cooperation. Ecology and Finance On environmental issues, the Central Asian leaders focused on national and regional concerns. Tokayev addressed the ongoing shallowing of the Caspian Sea, while both he and Mirziyoyev raised the issue of the Aral Sea crisis, often described as "one of the world’s worst environmental disasters." Rahmon highlighted the rapid disappearance of glaciers, a point supported by Japarov, given the critical dependence of Kyrgyzstan and Tajikistan on mountain water resources. Berdimuhamedov, meanwhile, proposed establishing a regional center for combating desertification in Central Asia. Other initiatives included the proposed Caspian Environmental Forum in 2026 and continued advancement of the Caspian Environmental Initiative, originally introduced by Ashgabat. Financial concerns were also prominent. Rahmon called for reforms to international financial mechanisms, citing the continued suffering of vulnerable developing countries from the impacts of economic crises, poverty, disease, natural disasters,...

Tokayev in New York: $100B U.S. Investment Push Boosts Kazakhstan Ties

Kazakhstan and the United States are continuing to strengthen their strategic partnership, with investment playing a central role. At a roundtable with U.S. business representatives in New York, President Kassym-Jomart Tokayev stated that American investments in Kazakhstan’s economy have surpassed $100 billion. “Today, more than 630 American companies are successfully operating in our country, including Chevron, ExxonMobil, Boeing, Visa, Mastercard, Meta, Wabtec, and Citibank. We regard the U.S. as an important strategic partner and reaffirm our commitment to further developing multifaceted cooperation,” Tokayev said. The president noted that Kazakhstan’s economy grew by 6.5% in the first eight months of 2025. He added that ongoing political and economic reforms are creating favorable conditions for long-term growth and attracting further investment. Energy and Uranium: The Cornerstone of Cooperation Energy continues to underpin U.S.-Kazakhstan relations. “We recognize and highly value the large and successful investments of Chevron and ExxonMobil over the past 30 years. Despite all the turbulence in regional geopolitics, their presence in our country has never been questioned,” Tokayev said. He pointed out that Kazakhstan supplies about 40% of the global uranium market and nearly a quarter of U.S. imports. Tokayev also highlighted Kazakhstan’s “four sources” strategy - oil, gas, coal, and uranium - and expressed support for the U.S. approach to coal as a reliable energy source in the near term. $4.2 Billion Wabtec Agreement: A Landmark Deal A key outcome of Tokayev’s U.S. visit was the signing of a $4.2 billion agreement with American locomotive manufacturer Wabtec. According to the U.S. Department of Commerce, the deal will see Kazakhstan’s national railway company, Kazakhstan Temir Zholy (KTZ), acquire 300 ES44Aci Evolution Series freight locomotives over the next decade. U.S. Secretary of Commerce Howard Lutnick described the contract as the "largest in history,” noting it would create approximately 11,000 jobs in Texas and Pennsylvania. “This is not just a story of massive success, it’s an example of how American innovation strengthens global leadership,” he posted on X. Wabtec President and CEO Rafael Santana added, “This project represents KTZ’s ambition to transform Kazakhstan’s railway network into a key bridge between Europe and Asia.” Tokayev has emphasized that Kazakhstan is upgrading transport hubs and rolling out a “Smart Cargo” digital customs and logistics system to streamline east–west and Trans-Caspian transit traffic. Presidential Support: Trump and Tokayev Hold Call The Wabtec agreement was preceded by a phone call between U.S. President Donald Trump and President Tokayev. “I just concluded a wonderful call with the Highly Respected President of Kazakhstan, Kassym-Jomart Kemeluly Tokayev,” Trump wrote on Truth Social. He emphasized the significance of the locomotive deal and linked it to his broader support for revitalizing U.S. infrastructure. “We need to support our rail industry, which has been attacked for years by ‘fake environmentalists.’ Now railroads are coming back and fast!” he said. Observers noted that Trump’s personal involvement underscored the political importance of the agreement for bilateral relations. Green Energy Progress: SAF Plant with LanzaJet Another notable development was the agreement between Kazakhstan’s national oil...

Trump and Tokayev Secure a Historic $4.2 Billion Locomotive Deal

Washington, D.C. – The United States and Kazakhstan have finalized the largest locomotive agreement in history, a $4.2 billion deal that underscores American industrial strength and deepens ties between the two nations. The announcement came following a call between President Donald Trump and Kazakhstan’s President Kassym-Jomart Tokayev, which officials say directly helped bring the deal across the finish line. The U.S. Department of Commerce confirmed that Pennsylvania-based Wabtec will supply about 300 Evolution Series locomotives, in kit form, to Kazakhstan’s state railway over the next decade. Commerce Secretary Howard Lutnick emphasized the scale of the export package, writing on X that the deal is “more than just a huge success story. It’s about American innovation leading the world, supporting thousands of jobs in TX & PA, and strengthening the U.S.–Kazakhstan partnership.” For Trump, the Pennsylvania tie is notable — the state is both home to Wabtec and a perennial battleground in presidential politics. What Trump and Tokayev said President Trump celebrated the breakthrough personally on Truth Social: “I just concluded a wonderful call with the Highly Respected President of Kazakhstan, Kassym-Jomart Kemeluly Tokayev. They have signed the largest Railroad Equipment Purchase in History, $4 Billion Dollars Worth of United States Locomotives and Rail Equipment”. He continued: “Congratulations to President Tokayev on his great purchase. This Country, and the World, was built on reliable, beautiful Railroads. Now they will be coming back, FAST!” Earlier in September, Trump had told reporters he had a “great conversation” with Tokayev — a remark that signaled improving ties between Washington and Astana ahead of the deal. On Sept. 22, the Commerce Department formally confirmed the $4.2 billion agreement. Commerce Secretary Howard Lutnick, in a separate statement on X, emphasized that the leaders’ engagement helped pave the way and argued the deal strengthens an enhanced strategic partnership while embedding American technology in Eurasian connectivity. President Tokayev, for his part, has emphasized transport and logistics as central to Kazakhstan’s role as a “link between Europe and Asia,” calling for expanded rail infrastructure and modern customs systems. In July, amid tariff tensions, he assured Trump in a letter that Kazakhstan was “ready for constructive dialogue” and was confident a compromise could be reached — a posture that laid groundwork for the closer economic cooperation reflected in this deal. Why It Matters: Unlocking Regional Corridors to the West The locomotives will reinforce capacity along the Trans-Caspian “Middle Corridor,” a trade route carrying goods from Central Asia through the South Caucasus and into Europe—an alternative to Russian and Iranian transit that governments have accelerated since 2022. A critical gap in that chain was addressed through U.S.-brokered diplomacy in August 2025, when President Trump hosted Armenian Prime Minister Nikol Pashinyan and Azerbaijani President Ilham Aliyev at the White House. The two leaders signed a peace declaration after decades of conflict and committed to reopening transport links, most notably a 42-kilometer passage through Armenia’s Syunik province, commonly called the Zangezur corridor or the Trump Route for International Peace and Prosperity (TRIPP). By...