• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10523 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10523 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10523 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10523 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10523 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10523 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10523 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10523 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%

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Kazakhstan Harvests Record Grain and Oilseed Crop

Kazakhstan has reported a record harvest for 2025, collecting over 27 million tons of grain and 4.5 million tons of oilseeds for the first time, according to Deputy Minister of Agriculture Azat Sultanov. The Ministry of Agriculture said the grain harvest reached 27.1 million tons in initial weight, including 20.3 million tons of wheat, an increase of 0.5 million tons compared to last year, despite a reduction in wheat acreage by nearly 900,000 hectares. Of the soft wheat delivered to elevators, 53% was graded 1-3, slightly lower than the 56% recorded in 2024. Class 4 wheat accounted for 35%, up from 28% a year earlier. “More than half of this volume has a gluten content above 20%, which allows this wheat to be used for food purposes,” Sultanov noted. Around 12% of the harvest consisted of unclassified wheat, which will be used for animal feed and fodder production, sectors where demand is growing, particularly in neighboring countries. For the first time, the volume of legumes reached one million tons, while a new record was set for oilseeds at 4.5 million tons, with harvesting still underway in several regions. The country also produced 2.9 million tons of potatoes, 3.8 million tons of vegetables, and 2.6 million tons of melons and gourds. Harvesting of oilseeds, grain corn, and sugar beets is nearing completion. “The agricultural season that has just ended showed steady growth in production. For the second year in a row, Kazakhstan has demonstrated positive dynamics thanks to the use of modern technologies and crop diversification. The harvest took place at the optimal time, and no serious problems arose,” Sultanov emphasized. Between September and October, Kazakhstan exported 2.2 million tons of grain from the new harvest, 21% more than in the same period last year. During the previous marketing season (September 2024 to August 2025), exports totalled 13.4 million tons, a 47% year-on-year increase. Sultanov confirmed the government’s intention to maintain the current export potential. “In 2024, some experts doubted that it would be possible to reach 12 million tons, but in fact, the plan was exceeded. This year, Kazakhstan is developing new export destinations, deliveries have begun to Belgium, Portugal, Poland, Norway, Vietnam, the UAE, Morocco, Algeria, and Egypt, while exports to Iran, Azerbaijan, Armenia, and Georgia have resumed. Demand for Kazakh grain remains stable, with export potential estimated at 13 million tons,” Sultanov said. The Times of Central Asia previously reported that President Kassym-Jomart Tokayev has set a target of increasing Kazakhstan’s grain exports to China to 2 million tons annually.

The Illusion of Chinese Investment in Kazakhstan

Concerns about how Chinese businesses operate abroad — and the challenges already confronting Kazakhstani entrepreneurs — have resurfaced following a recent letter to the prime minister from an association of oil service companies reporting price dumping. Despite these developments, Kazakhstani experts remain hesitant to discuss the negative effects of China’s growing influence in the country’s real economy. Technological Dependence The reluctance is unsurprising. Astana’s official policy seeks broad rapprochement with Beijing, spanning economic, political, and cultural spheres. Given the power imbalance, Kazakhstan avoids public statements that might offend its wealthier partner, particularly in the media, which China monitors closely. As a result, the recent complaint by the PetroCouncil — an oil and gas association representing more than 150 domestic service companies — about dumping by foreign, mainly Chinese, firms has been met with silence from local experts. In a letter addressed to Prime Minister Olzhas Bektenov, the PetroCouncil warned that foreign firms, particularly from China, have been offering services to major Kazakhstani enterprises at prices 60–70% below market value. This, they argue, is forcing out local businesses, reducing Kazakhstani content, eroding tax revenue and employment, diminishing engineering expertise, and threatening industrial safety. We asked PetroCouncil Managing Director Daniel Zholdybaev why foreign companies have come to dominate Kazakhstan’s oil and gas sector and whether the competence of local personnel or service providers is a factor. According to Zholdybaev, the dominance is rooted in how foreign operators first entered Kazakhstan’s market: by bringing their own technologies. This created long-term dependency not only on their expertise but also on foreign suppliers. “Chevron, for instance, maintains a vetted list of approved suppliers, and wherever the company operates, it only works with those on that list,” Zholdybaev explained. While Kazakhstan continues to develop domestic manufacturing capabilities, local firms are still barred from participating in high-risk operations such as work on wells with extreme pressure or temperature conditions. Zholdybaev noted that Kazakhstan’s three major fields — Tengiz, Karachaganak, and Kashagan — account for 90 percent of oil and gas imports. The operators of these projects are mainly Western companies. Russia, due to international sanctions, plays only a marginal role in procurement despite maintaining a presence in Kazakhstan. However, it is Chinese companies, actively welcomed by the state, that have introduced the issue of price dumping. Chinese firms operating in Kazakhstan’s oil and gas industry maintain closed procurement systems, sourcing goods and services almost exclusively from Chinese suppliers. As a result, Chinese investment brings minimal benefit to Kazakhstan’s economy. Even construction contracts often return to China. Russian observers, typically sensitive to Central Asia’s dealings with China and the United States, have also remained largely silent on this issue. A rare exception was political analyst Yuri Baranchik, who posted a sharply critical comment on his Telegram channel: “This is a clear example of what happens when Chinese companies are allowed full access to the domestic market,” he wrote. “They dump prices to bankrupt local businesses, monopolize the sector, and then dictate terms. Now the Kazakh government must figure...

Gennady Golovkin Unveils Presidential Program for World Boxing

Gennadiy Golovkin, the former world champion and current head of Kazakhstan’s National Olympic Committee, has officially presented his program as a candidate for the presidency of World Boxing. World Boxing was established in 2023 after the International Olympic Committee (IOC) suspended the International Boxing Association (IBA) from organizing Olympic qualifying events, and raised the possibility of removing boxing from the Olympic program entirely. Golovkin, known globally by his ring name GGG, was appointed chairman of the World Boxing Olympic Commission in late 2024. Under his leadership, the new organization secured IOC accreditation to oversee Olympic qualifying events for the 2028 Games. The current president of World Boxing, Dutch official Boris van der Vorst, will conclude his term at the end of November 2025. He has announced he will not seek re-election. On November 23 in Rome, representatives from 125 national boxing federations affiliated with World Boxing will vote to elect a new president, vice president, and board members. Golovkin has been nominated for all three roles. His sole opponent in the presidential race is Mariolis Charilaos of Greece. On Friday, November 7, Golovkin published his official campaign platform. According to the document, available via the Kazakhstan Boxing Federation’s social media channels, Golovkin’s proposals center on athlete representation, governance transparency, and digital innovation. If elected, he plans to establish a World Boxing Athletes’ Council in 2026 with voting rights on the Executive Board, and to protect athletes’ rights through the implementation of an independent judging system. Golovkin also aims to launch a World Boxing Academy for athletes and coaches, covering anti-doping education, mental health awareness, and refereeing standards. The academy would also assist boxers in transitioning to post-athletic careers and offer targeted grant support. A key element of his platform is the use of artificial intelligence. Golovkin proposes AI-assisted refereeing and the creation of a digital platform called Digital Ringside, which would publish real-time bout data, athlete profiles, and explanations of judging decisions, serving as a transparency tool for the media and public. In addition, Golovkin advocates for the annual publication of audited financial reports and the development of sponsorships with international brands aligned with Olympic values to support amateur boxing. “As chairman of the World Boxing Olympic Commission, I worked with partners to expand our membership base. Thanks to those efforts, we achieved provisional recognition and preserved boxing’s place in the Los Angeles 2028 Olympic program,” Golovkin said. “If you place your trust in me, I will continue working to safeguard boxing’s Olympic future, not only for 2028, but for generations to come and to secure full IOC recognition for World Boxing.” As previously reported by The Times of Central Asia, World Boxing held its first amateur world championship in 2025, where Kazakhstan topped the team standings.

Washington Shifts C5+1 From Diplomacy to Deals

On November 6, 2025, Washington hosted the C5+1 summit, bringing U.S. President Donald Trump together with the leaders of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. The tone shifted from broad diplomacy to deliverable transactions, with officials emphasizing cooperation on critical raw materials. The timing signified a broader shift in supply chains away from China and Russia, and the discussion moved from general diplomacy to transactions that can be tracked and delivered. The private-sector track also accelerated. The B5+1 (“B” for “business”) platform is meant to carry follow-through on minerals, processing, logistics, and services. It complements state-to-state commitments by putting contract-ready work streams and policy dialogue in the same frame. Verification is simple: match U.S. and host-government readouts with company filings and ministry communiqués issued after the summit. Subsequent notices should specify instruments, values, financing, timelines, and the units responsible. What Was Signed Versus What Was Signaled The summit mixed firm orders with preliminary commitments. Uzbekistan Airways converted eight options for the Boeing 787-9 (covered by FAA Type Certificate Data Sheet T00021SE) into a firm order, bringing its total to twenty-two Dreamliners. That flows into the manufacturer’s backlog and starts financing and ground-side preparation. Tajikistan’s Somon Air announced up to four 787-9s and ten 737 MAX; that signals intent, with binding contracts and financing to follow. Engine families for the 787-9 are Rolls-Royce Trent 1000 TEN and GE Genx-1B, setting maintenance and training paths. Air Astana said it had selected up to fifteen 787-9s. Slot allocation and financing are next, along with sale-and-leaseback or operating-lease decisions. A parallel commercial package aimed to show that U.S.–Central Asia ties can move on a near-term clock, framed publicly through the Department of Commerce’s announced “C5+1 Deal Zone,” earmarked at “over $25 billion.” Rare earths and related inputs sat at the center of the talks. Aviation and other signings were presented as tangible outcomes. The substance rests with the underlying company agreements and national approvals, although the packaging usefully aggregates a single narrative for public consumption. Minerals were cast as the strategic core, even though many projects remain in the early stages. Public readouts emphasized supply-chain resilience and competition with China and Russia. For shipments into the European Union, the bottleneck remains the processing limits set by the EU Critical Raw Materials Act. Customs classification uses the Harmonized System (HS), a universal tariff code maintained by the World Customs Organization (WCO): tungsten falls under HS 8101, while rare-earth metals and their compounds are under HS 2805 and HS 2846. Bankability likewise depends on recognized industry disclosure rules for reporting mineral resources, which require standardized geology, sampling, and reserve estimates before serious financing proceeds. Wire services likewise underscored rare earths and closer cooperation along the value chain. Country Outcomes Kazakhstan. The most tangible non-aviation item was a tungsten venture at Northern Katpar and Upper Kairakty, with an indicated project scope of around $1.1 billion. A Letter of Interest (LOI) from the U.S. Export–Import Bank (EXIM) suggests a figure near $900 million on a 70/30 structure with...

Paul Kapur: “The United States’ Commitment to Central Asia Is Strong and Enduring”

WASHINGTON (TCA) — Assistant Secretary of State for South and Central Asian Affairs Paul Kapur reaffirmed Washington’s long-term commitment to Central Asia during remarks marking the 10th anniversary of the C5+1 partnership at the Kennedy Center hosted by the United States Department of State on November 6. Addressing an audience of officials, diplomats, and business leaders, Kapur said he was “honored to join an esteemed group” for the occasion. “I recently started my tenure as Assistant Secretary, and I’m particularly glad that I started as we celebrate the decade of C5+1 partnership,” he noted. Kapur, who oversees U.S. policy toward the region and serves as Secretary Marco Rubio’s chief advisor on Central Asia, is a veteran academic who has taught at the Naval Postgraduate School and Claremont McKenna College, and previously served on the State Department’s Policy Planning Staff during the first Trump administration. He opened his remarks by thanking the Kennedy Center and Ambassador Rick Vernell for hosting the event, as well as Special Envoy and Ambassador Sir Jim Gore and Deputy Secretary of State Chris Landau “for everything that they did, which included lots of diplomacy, many days and hours on the road.” He also recognized Senator Steve Daines “who’s done so much to support and promote ties” between Central Asia and the United States, and expressed appreciation to Central Asian delegations who “traveled a long way to be here.” “As we mark this anniversary, I want to reiterate that the United States is committed to this region, and that commitment is strong and enduring,” Kapur said. “Under President Trump’s and Secretary Rubio’s leadership, we’re elevating the C5+1 partnership as a priority — a strategic priority and an economic priority.” He said the partnership is already producing results in trade, investment, and innovation. “We’re making tangible progress toward increased trade and investment in areas ranging from aviation to cybersecurity to agriculture, and we’re ensuring a secure energy future for each of our countries,” he said. Kapur emphasized that economic ties are only part of the picture. “As we advance prosperity, we also promote peace,” he stated. “The United States remains committed to supporting each C5 country’s independence, sovereignty, and territorial integrity, protecting borders and strengthening security cooperation, both bilaterally and through the C5+1.” Reflecting on the partnership’s first decade, Kapur cited initiatives such as the C5+1 Critical Minerals Dialogue, the B5+1 Business Dialogue, training networks for regional law enforcement and border security, and English-language programs for young professionals. He also highlighted efforts to protect the region’s cultural heritage through historical preservation and law enforcement cooperation to combat antiquities trafficking. “Although we’re celebrating the future today, it’s important to remember that our new initiatives are built on a deep foundation of cooperation over the past decade,” he said. “As we elevate and modernize our collective efforts, C5+1 countries and the United States are increasingly prepared to deliver innovative regional solutions to our most pressing global problems.” He concluded with a personal message to Central Asian partners. “To my Central...

Sen. Daines: Central Asia Key to U.S. Strategic and Economic Future

Washington, D.C., November 6, 2025 — At the 10th-anniversary forum of the C5+1 platform — which brings together the United States and the five Central Asian nations (Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan) — ministers from the C5 countries and leading business figures from the region and the United States gathered to mark a decade of cooperation. The event was co-hosted by the U.S. Department of State and the U.S. Department of Commerce, underscoring Washington’s growing focus on regional economic and strategic engagement. U.S. officials played key roles throughout the program. Senator Steve Daines chaired a high-level panel discussion alongside Sergio Gor, U.S. Special Envoy for South and Central Asian Affairs; S. Paul Kapur, Assistant Secretary of State for South and Central Asian Affairs; Howard Lutnick, Secretary of Commerce; Christopher Landau, Deputy Secretary of State; William Nitt, Under Secretary of Commerce; and Richard Grenell, Special Presidential Envoy. During the forum’s investment-focused “Deal Zone,” Daines underscored what he described as Central Asia’s growing role in U.S. foreign policy, energy security, and technology supply chains — calling the region “one of the world’s great opportunities for the future.” His remarks reflected both optimism and a sense of urgency about expanding ties. “There are few parts of the world that offer the opportunity that Central Asia does,” he said. “Closer ties between our nations can bring greater economic opportunity to millions of people and secure some of the West’s most vulnerable supply chains.” According to Daines, the United States has already made significant progress through initiatives such as the C5+1 platform, the appointment of a Special Envoy for Central Asia, and the Critical Minerals Dialogue, alongside expanded trade missions and commercial partnerships. Together, he said, these efforts “provide the necessary forums through which the United States and Central Asia can build the capacity and trust necessary for long-term cooperation.” The tenth anniversary also served as a platform for outlining the economic and strategic priorities that will define the next phase of U.S.–Central Asia engagement. Central Asia’s Resource Potential Daines highlighted what he described as the region’s abundant resources — saying the five Central Asian nations “represent over 31 billion barrels of oil reserves, 250 trillion cubic feet of gas reserves, and over 40 percent of global uranium production.” “As we look to a new day for Europe, one wherein the continent is not dependent on a bellicose adversary for energy supplies,” he said, “Central Asian nations can be the partners of the future — providing consistent flows of resources necessary for baseload power without the concern that those energy imports will be weaponized.” He added that, even years after Russia’s invasion of Ukraine, the U.S. continues to import uranium from Russia, which he called a practice with “profound national security implications.” Central Asia, by contrast, “could provide a more reliable source of the element necessary to the development of artificial intelligence, data-centers, and other energy-intensive industries.” Critical Minerals and the Tech Economy Daines also emphasized the region’s strategic role in the global technology...