• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10456 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10456 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10456 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10456 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10456 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10456 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10456 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10456 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%

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Putin in Full Diplomatic Mode on SCO Sidelines

Russian President Vladimir Putin has faced Western efforts to isolate him because of the war in Ukraine. But he has a full day of diplomacy on the sidelines of the Shanghai Cooperation Organization event in Kazakhstan. Putin has meetings with the leaders of Azerbaijan, Kazakhstan, Mongolia, Turkey, China and Pakistan on Wednesday, one day ahead of the main group events at the summit in Astana, Kazakhstan’s capital, according to Tass, the official Russian news agency. Russia views the summit in Astana as an "opportunity to organize bilateral contacts with the country leaders who will attend it," said Putin aide Yury Ushakov, according to Tass. Ushakov said he expected Putin to hold several more “brief bilateral contacts” on Thursday. Putin’s flurry of diplomacy comes despite Western sanctions that have sought to weaken Russia’s military campaign in Ukraine, now in its third year. Many countries prefer to maintain trade with Russia, a key producer of energy and other natural resources. Central Asia has chosen neutrality in the Russia-Ukraine conflict and with the exception of a handful of private entities has avoided  sanctions. The SCO is a forum for discussion of security, economic and political issues. Its members are China, Russia, Kazakhstan, Kyrgyzstan Tajikistan, Uzbekistan, Iran, India and Pakistan. Belarusian President Alexander Lukashenko, a close ally of Putin, has said he expects Belarus to become a new member of the group at the Astana meeting.

SCO Summit: Tokayev and Xi Laud Kazakhstan-China Ties

On the eve of the 2024 Shanghai Cooperation Organization (SCO) Summit, hosted this year by Kazakhstan in its capital Astana, the leaders of Kazakhstan and China were keen to highlight the strength of their countries’ partnership. The SCO is a political, security and economic alliance in the wider Eurasia region, aimed at promoting trade and investments between member states, as well as global security. The Organization – which includes nine full members, four observer states and 14 dialogue partners – covers half of the world’s population, and almost a third of global GDP.  In comments to China’s Xinhua news agency, Kazakh President Kassym-Jomart Tokayev spoke of a “close political dialogue” between the two countries, supported by the SCO, thanks to which “China is consolidating its position as Kazakhstan’s leading trade and investment partner”.  Mutual trade between the countries reached a historic record of $41 billion in 2023. Tokayev added that “China became one of the top four foreign investors in Kazakhstan in 2023, investing around $2 billion in direct investments, a year-on-year growth of 16.4%. The total volume of Chinese investment in the Kazakh economy is over $25 billion. Around 4,700 Kazakh-Chinese enterprises operate in our country.” In his comments to Xinhua Tokayev also highlighted Kazakhstan’s growing cultural ties with China, mentioning a new agreement on a visa-free regime between the countries, the creation of cultural centers in both nations, and the fact that 2024 has been named the “Year of Kazakhstan tourism in China”. The president himself lived in China for eight years, where he studied Chinese in Beijing before working for the Soviet Union’s embassy to China. In turn, in a letter published by the Kazinform news agency, China’s leader Xi Jinping noted: “China is now Kazakhstan’s largest trading partner and its top export destination. Major strategic projects including the Zhanatas wind farm, Turgusun hydropower station, and the modernization of Shymkent Oil Refinery have been completed and commissioned. China-Kazakhstan crude oil and natural gas pipelines are operating in a safe and stable manner. The ‘green lanes’ for fast customs clearance of agricultural products are available at all border ports between the two countries, which makes green agri-products of high quality from Kazakhstan easily accessible for Chinese consumers. The potential for cooperation in new energy and transportation infrastructure has been unleashed. The transport and logistics terminal in Xi’an, the Western Europe-Western China Highway, and the China-Europe Railway Express all operate smoothly, providing a strong boost to the development of both China and Kazakhstan.” Kazakhstan has a multi-vector approach to its foreign policy; its role within the SCO complements the country's cooperation with the United States through the C5+1 platform, and a constant dialogue with the European Union. In a recent speech about Kazakhstan's chairmanship of the Shanghai Cooperation Organization this year, President Tokayev commented: "Kazakhstan is committed to multilateral cooperation. In our foreign policy we proceed from the national interests, and are in favor of solving all disputable issues on the basis of rational compromise. In addition to the...

First Container Train on South Korea – China – Kazakhstan – Uzbekistan Route

On June 26, on the initiative of South Korea, China, Kazakhstan, and Uzbekistan railway administrations, and in cooperation with SJ Logistics Group, a ceremony was held at the Kazakh-Chinese logistics terminal in the port of Lianyungang, to launch the first container train from South Korea to Uzbekistan through China and Kazakhstan. The national railways company Kazakhstan Temir Zholy (KTZ), the subsidiary of which, KTZ Express, operates the route through Kazakhstan, reported that covering 7 thousand kilometres, the railway opens new avenues for economic interaction between the associated countries. Speaking at the ceremony, Deputy General Director for Commerce of KTZ Express Ulugbek Orazov, noted: “The launch of the pilot train demonstrates our common desire to develop joint multimodal transportation, which will certainly open up new horizons for trade and interaction in the region.” He continued by adding that the event marked an important step in the development of new opportunities to increase the transit potential of Kazakhstan as well as its establishment as a key transport hub in the international supply chain.    

Kazakhstan to House One of Central Asia’s Largest E-Commerce Distribution Centres

On July 1, Minister of Trade and Integration of Kazakhstan Arman Shakkaliev met Chairman of the Board and founder of China’s YTO Express Co., Yu Weijia, to discuss the construction of one of the largest e-commerce distribution centres in Central Asia. As reported by the Ministry of Trade and Integration, the introduction of intelligent IT solutions to fully automate logistics processes and provide customs support for deliveries, will enable the prompt processing of goods destined for European Union, Eurasian Economic Union and Central Asian countries. During the meeting, Minister Shakkaliev noted the rapid development of  the e-commerce market in Kazakhstan, demonstrated by  an annual growth rate exceeding 20%, and stated: “China's e-commerce market is astonishing in terms of volume, where more than 70 percent of sales are made online. Kazakhstan, with its favorable geographical location, aims to become a key transit zone for international e-commerce. The joint project with Kazpost to establish a distribution centre in Kazakhstan will give a new impetus to the development of cross-border trade.” Emphasizing  the project's unique status in Central Asia, Yu Weijia remarked, “This is a long-term project that will strengthen mutually beneficial and productive cooperation between the two countries. As part of this cooperation, we opened 3 bonded warehouses in China: in Shanghai, Nanjing and Wuhan. This project is the only one in Central Asia that will cover the whole region.”  

Kazakhstan’s Caspian Sea Level Rises by Over a Metre

On July 1, Kazakhstan’s Ministry of Water Resources and Irrigation announced that the water level in the north-eastern part of the Caspian Sea in the Atyrau region, has risen by 119 cm since the beginning of 2024. The increase is due to the abundant inflow of floodwater, during April-May, from the Zhaiyk River and additional canals laid by the ministry. During the spring floods, some 7.4 billion cubic meters of water entered the Caspian Sea via the Zhaiyk River, whilst 350 million cubic metres of floodwater were channelled into the sea in Atyrau, via the  additional canals. Vice Minister of Water Resources and Irrigation Nurlan Aldamzharov commented: “A total of 12.4 billion cubic meters of floodwater was sent to reservoirs, estuaries, and water meadows. Since the beginning of the floods, 3.3 billion cubic meters of water have been sent to Lake Balkhash. In addition, active filling of the Northern Aral Sea continues, with an inflow of more than 1.1 billion cubic meters of water since the beginning of the year.”    

Kazakh journalist Aidos Sadykov died in Kyiv

After 13 days in intensive care following an attack in Kyiv, Kazakh journalist Aidos Sadykov has died. This was confirmed by his wife Natalia Sadkykova on her Facebook page. Sadykov and his wife were authors of the YouTube channel “Base” which has been consistently critical of Kazakhstan’s government, starting with President Nazarbayev’s term and continuing under the new President, Kassym-Jomart Tokayev. On 18 June, Sadykov was shot next to his wife in a parked car in the Shevchenkovsky district of Kyiv, not far from the house where the couple lives. Aidos was wounded in the head, Natalya was not injured. The office of the Prosecutor General of Ukraine named two citizens of Kazakhstan, Altai Zhakanbaev and former Kazakhstan police officer Meiram Karataev (dismissed in January 2019), as suspects in the case. On 19 June, President Tokayev of Kazakhstan said that “the official bodies of the Republic of Kazakhstan are ready to join the investigation.” On 21 June, Kazakhstan’s Prosecutor General’s Office released an official statement concerning the attack: "Yesterday, the Prosecutor General of Kazakhstan addressed the Prosecutor General of Ukraine with a proposal to provide all possible assistance in solving this crime, involving the most experienced Kazakhstani investigators. The course of the investigation of the criminal case by the Prosecutor General's Office has been taken under special control." On the same day, Altai Zhakanbaev turned himself in to Kazakhstan authorities, according to the Office. The murder of Sadykov has raised questions about motive. Kazakhstani parliamentary deputy Ermurat Bapi has suggested that the attack was due to “third forces” who want to create a “quarrel between Kazakhstan and some countries”. Sadykova has held President Tokayev responsible for her husband’s death. To date, no evidence has been made public to substantiate these claims.