• KGS/USD = 0.01149 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09156 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09156 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09156 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09156 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09156 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09156 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09156 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09156 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
09 January 2025

Viewing results 37 - 42 of 279

Kazakhstan to Plant Forests to Reduce Carbon Dioxide Emissions

On November 18, the British company SEFE Marketing & Trading Ltd. and Kazakhstan’s SAFC LLP signed an emission removal purchase agreement, marking the launch of the country’s first forest climate project. The project aims to plant 3.3 million trees across 1,500 hectares in the Almaty region. According to forecasts, the initiative will achieve an average annual reduction of 26 tons of CO₂ per hectare. Over the 30-year project period, this is expected to remove 1.2 million tons of carbon dioxide from the atmosphere. Additionally, the project is designed to promote agroforestry, ecotourism, and job creation in the region. During a meeting with one of SEFE's Vice-Presidents, Alexander Demidov, and SAFC's CEO Yuri Kim, Kazakhstan’s Prime Minister Olzhas Bektenov emphasized the government’s commitment to supporting environmental initiatives. “We strive to create favorable conditions for attracting foreign investment in environmental projects. The government supports projects aimed at restoring ecosystems, reducing carbon footprint, and developing a green economy,” he stated. Kim added: “This project was supported by the President of Kazakhstan and the Atameken National Chamber of Entrepreneurs, and now we are starting its practical implementation. By combining the competencies of SEFE and SAFC, we will demonstrate Kazakhstan's broad capabilities for attracting foreign investment.” According to Atameken, the project not only lays the groundwork for others to follow suit but also leads the way for new investment opportunities in carbon farming. This approach marks a new stage in diversifying Kazakhstan’s economy, creating potential revenue streams from agricultural production and greenhouse gas emission trading. Kazakhstan’s forest climate initiative demonstrates the country’s commitment to sustainability while attracting foreign investment to bolster its green economy.

Out With the Old and in With the New: From Politicians to Felons – Part Two

The end of the first president of Kazakhstan, Nursultan Nazarbayev’s era coincided with a wave of mass protests across the country. The widely-accepted cause was the death of five children in a fire in a dilapidated annex to a private house, the like of which there are many in the suburbs of Astana. This tragedy occurred on the night of February 4, 2019, when the girls, with ages ranging from a baby to twelve years old, were left home alone. The event sparked furious complaints from mothers of children across the country, and on March 19 of the same year, Nazarbayev resigned, handing power to the next in the constitutional hierarchy, Kassym-Jomart Tokayev, the speaker of the Senate (Kazakhstan's upper house of parliament). High-profile cases of the transition period From that moment until the events of January 2022, the country went through a transitional period, which is often spoken of as having been a time of dual power. By analogy with the “Kremlin Towers” (a popular theory about clans in Vladimir Putin's Russia being engaged in an irreconcilable struggle for resources and influence), the new president's entourage began to be called “Akorda” - after the head of state's residence in Astana. Supporters of Nazarbayev and the idea of his return to the presidency, meanwhile, were known as the “Library” – a reference to the Library of the First President. It was believed that the officials Tokayev inherited from his predecessor were more likely to run reports to the Library than to the Akorda. This division serves to explain how the new president was bound in his ability to implement changes. Tokayev initially announced a course of political, economic and social reforms, but only the latter were implemented, while the rest were sabotaged. Even support from the general public, which Tokayev managed to garner in the National Council of Public Trust, did not help matters.Even under such constraints, however, it was possible to begin a purge of the establishment. For example, in 2020, the country was shaken by the first high-profile criminal case under Tokayev, when Bulat Bakauov, akim of the Pavlodar region and a bellwether of high-profile scandals under Nazarbayev, was accused of abusing his authority and arrested. However, the influence of Nazarbayev's entourage remained strong, so the sentence handed down to the former Akim turned out to be a meagre restriction of freedom for 3.5 years. The court obliged Bakauov to refrain from leaving his residence and regularly report to the probation service. In addition, Bakauov was obliged to engage in a hundred hours of public labor, ordered to return $10,000, and banned from holding public office. In the same year, there was a glimmer of hope that the former Akim of Almaty, Bauyrzhan Baibek - who was elevated to the height of political power by his father's childhood friendship with Nursultan Nazarbayev – would be held to account. Urban legends still circulate about the illegal earnings of Baibek and his team from the reconstruction of the center of...

Kazakhstan’s Caspian Sea Ports Increase Cargo Transportation

Kazakhstan’s Ministry of Transport has announced that from January to October 2024, the country’s Caspian Sea ports transported 6.2 million tons of cargo, reflecting a 3% increase compared to the same period last year. Transit cargo shipments saw even stronger growth, rising by 18%. Truck transshipment via the Kuryk port’s ferry complex increased by 22%, while container transportation through the Aktau port surged by 84%, with approximately 27,000 containers moved along the East-West transit route. During the same period, the Sarzha terminal at Kuryk port handled 55,000 tons of cargo, including non-ferrous metals, fertilizers, and barley, destined for Turkey and Iran. In October, a new grain terminal with an annual capacity of 1 million tons was inaugurated at the Kuryk port. Efforts to enhance the port’s capacity continue. The Times of Central Asia previously reported that Kazakhstan’s Ministry of Transport has undertaken dredging operations at the Kuryk port to ensure sufficient depth for ship access, bolstering the capacity of the Trans-Caspian International Transport Route (TITR). The dredging project will support further expansion of Kuryk’s terminal capacity, currently set at 6 million tons annually—4 million tons through its railway terminal and 2 million tons via its automobile terminal.

Kazakhstan to Create Horse Breeding Institute

Kazakhstan’s President, Kassym-Jomart Tokayev, has directed the government to establish and fund a Horse Breeding Institute to boost the horse population and advance the breeding of traditional Kazakh breeds. Speaking at the inaugural Forum of Agricultural Workers of Kazakhstan, Tokayev highlighted the steady growth in the country’s horse population. According to the Bureau of National Statistics, as of January 1, Kazakhstan had 4 million horses—a 5.4% increase from the previous year. This number has since risen to 4.2 million. However, only 1% of the total population comprises purebred horses, with approximately 40,000 being thoroughbreds. Tokayev stressed the importance of prioritizing the breeding and development of thoroughbred horses alongside overall population growth. “I instruct the government to create the Institute of Horse Breeding. The issue of its establishment has long been raised by experts. Relevant authorities must urgently address this matter and identify funding sources for the institute,”said Tokayev. The president underscored the significance of several horse breeds in Kazakhstan’s cultural and historical heritage. The Jabe breed, for instance, has a history deeply intertwined with the lives of the Kazakh people, spanning thousands of years. Known for its resilience in harsh environments, the Jabe was historically used as a draft animal, as well as a source of meat and milk. Modern Kazakhstan is also home to other notable breeds, including the Kostanai, Kushum, and Imugaljar breeds, which were developed locally. Tokayev also praised the Adai breed, calling it a “priceless treasure of Mangystau.” He recounted his earlier directive to promote this breed globally. “Today, the Adai breed has received official recognition and represents our country proudly in races and competitions,” he noted. However, he expressed concern over the dwindling population of the Kostanai horse, with only 280 remaining. “The key task, alongside increasing the horse population, is to enhance their breeding and productive qualities,” Tokayev concluded. In November 2022, during a public meeting in Mangystau, Tokayev recognized the Adai horse as a unique asset of the region. He instructed the government to begin work on achieving scientific recognition for the Adai as an independent breed and to ensure its reproduction as a breeding animal. By January 2024, the Ministry of Agriculture and the Ministry of Justice awarded the Association of Legal Entities and Individual Entrepreneurs “Adai Breed of Horse” a certificate granting exclusive rights to use the Adai horse brand. Kazakhstan has also taken legislative steps to protect and preserve its domestic breeds. A law passed in the summer of 2024 facilitates the acquisition of foreign sport stallions by local breeding centers, supports selective breeding efforts, and reimburses related expenses. This law aims to foster the development of Kazakh sport horse breeds and promote traditional equestrian sports, including kokpar, audaryspak, zhambi atu, and tenge alu. The law also establishes strict compliance standards for horse breeding. Only purebred animals that meet the breed standard and are registered under Kazakhstan’s livestock legislation are classified as breeding animals. Experts, however, have advocated for the creation of an independent institute to oversee compliance and enhance...

In the Wake of Bishimbayev: From Politicians to Felons – Part One

Eight days ago, a scandal shook Kazakhstani society: Kuandyk Bishimbayev allegedly escaped from the penal colony where he was serving his sentence. Bishimbayev is a former high-ranking official of the government of Nursultan Nazarbayev's era, who was sentenced to 24 years in prison for the brutal murder of his wife. The Interior Ministry's Criminal Correctional System Committee immediately denied this information and said that a criminal case had been opened over the dissemination of this misinformation. This is not the first time Bishimbayev has become a resident of a penal colony. In 2017, as the Minister of National Economy of Kazakhstan, he was arrested on suspicion of large-scale bribery and embezzlement. In 2018, he was sentenced to a ten-year term with the confiscation of property and deprivation of the right to hold public office for the rest of his life. However, he was released on parole in 2019. Kazakhstan has been shaken by Bishimbayev's new crime. The trial, which was broadcast live online for the first time in the country's history, was watched by millions of citizens, not only within the Republic, but also abroad in other post-Soviet countries, and even in the West. However, this is not the first and, in all likelihood, not the last sensational case in which a former high-ranking official becomes a defendant. The long list of convicted ministers and akims can be divided chronologically into three parts: the Nazarbayev era, the transition period, and the so-called “New Kazakhstan,” which started after the January Events - the failed coup in 2022. This article discusses the most notorious court cases from each of these periods.   Akezhan Kazhegeldin Former Prime Minister Akezhan Kazhegeldin was a politician known not only in Kazakhstan, but also in the West. He led the Government of Kazakhstan from 1994 to 1997. After falling into disfavor, in 1998 he attempted to challenge Nazarbayev in the upcoming presidential election. Kazhegeldin was not allowed to participate and had to leave Kazakhstan under the pretense of receiving medical treatment in Switzerland for unspecified health problems. In 1999, Kazhegeldin was put on an international wanted list, and in 2001 he was found guilty in absentia by the Supreme Court of Kazakhstan of abuse of power and authority, extortion and repeated bribes of millions of dollars, illegal acquisitions, the storage and transfer of weapons and ammunition, and tax evasion. Kazhegeldin was sentenced to ten years in prison, but has not returned to the country since. He continued to influence Kazakhstan's domestic politics from abroad until 2001 through the Republican People's Party of Kazakhstan, which he organized for this purpose. It was alleged that Kazhegeldin received kickbacks from a contract awarded to Tractebel in 1996 to run Almaty's electric company and power grid. A year later, the Belgian company also won a concession to manage gas pipelines in the south and west of Kazakhstan. In the U.S., meanwhile, the DOJ investigated claims Kazhegeldin received illegal payments of $6 million as part of a bribery scandal known as ‘Kazakhgate’....

First Train Tour Launched Between Kazakhstan and Uzbekistan

Kazakhstan is launching a new international train tour called “Silk Road,” connecting the cities of Almaty, Turkestan, and Tashkent. The first train on this route will depart on November 16. According to the Ministry of Tourism and Sports of Kazakhstan, the four-day tour will allow travelers to plunge into the atmosphere of ancient cities along the historic Silk Road. The itinerary covers the most important sights of Turkestan and Tashkent and includes guide services, meals, transfers, and entrance fees. Vice-Minister of Tourism and Sports Yerzhan Erkinbayev mentioned that the route will strengthen cultural ties between Kazakhstan and Uzbekistan and make travel more comfortable and affordable. The tour program includes visits to historical places such as the ancient city of Otyrar, the mausoleum of Arystan Baba, the historical and cultural complex Azret Sultan, and the most significant tourist complex in Central Asia, Caravan-Saray. In Tashkent, tourists can familiarize themselves with historical sights and modern architecture. Earlier, the media reported on the launch of a tourist route between China and Kazakhstan. The train from China, which began running in July 2024, passes through the Khorgos-Altynkol border crossing, adding a new opportunity for travel in Central Asia.