• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10460 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10460 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10460 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10460 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10460 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10460 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10460 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10460 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%

Viewing results 4459 - 4464 of 5698

Kazakhstan Deepens Caspian Ports to Boost Middle Corridor Potential

To further increase the potential of the Trans-Caspian International Transport Route (TITR), the Kazakh Ministry of Transport has begun dredging the port of Kuryk to provide sufficient depth for ships to enter the harbour. Specialized equipment to deepen the port by approximately 1.5-2 meters, has been supplied by Jan de Nul, a European company contracted to complete dredging works on a turnkey basis. Dredging Kuryk's port will allow for the further expansion of its terminal capacity which currently has provision for  6 million tons of cargo (railway terminal—4 million tons, automobile terminal—2 million tons). The port can also simultaneously accommodate 250 trucks. Similar dredging works will also be carried out in the port of Aktau. The project is part of the comprehensive measures to develop the Trans-Caspian International Transport Route, also known as the Middle Corridor, which will connect China and Europe via Central Asia and the Caucasus. According to the Kazakh Ministry of Transport, the volume of cargo transportation through Kazakhstan along the TITR for the  first seven months this year increased by 62%; amounting to 2.5 million tons, compared to 1.6 million tons in the same period in 2023.

Central Asia to Forecast Energy Risks

On August 6, Astana hosted the first meeting of energy ministers of Central Asian states, chaired by Kazakhstan’s Minister of Energy Almasadam Satkaliyev. Noting the considerable potential for developing energy cooperation between the five Central Asian countries, Minister Satkaliyev stated that today, the challenges faced by the Central Asian countries include global disruptions of the stability of energy supplies and fluctuations in oil and gas prices. "To ensure the reliability of energy supplies, it is necessary to develop mechanisms for forecasting and managing these challenges and to strengthen cooperation between our countries," ventured Satkaliyev. Calling on his colleagues to strengthen cooperation in energy trade, speed up low-carbon development, and move towards achieving carbon neutrality, the minister stressed, "An important factor in the development of regional cooperation is the comprehensive attraction of investments and the implementation of large joint technological projects in the energy sector to stimulate the development of modern energy infrastructure in Central Asian countries." Satkaliyev added that Kazakhstan is currently progressing the implementation of a large-scale project in the development and transmission of green energy with Azerbaijan and Uzbekistan, as well as continuing discussions on the planned construction of a central hydroelectric power plant, Kambarata HPP-1, with Kyrgyzstan and Uzbekistan. Following the meeting, the Central Asian energy ministers signed a communiqué, laying the foundation for further cooperation in all key energy areas between the countries.

Steel Highways: The State of Central Asia’s Railways

Railways in Central Asia have always played an important political and economic role, but amid the current geopolitical turbulence, they have become a crucial means of  transporting  goods from China to Europe and the Middle East, bypassing sanctioned Russia. But what is the state of  Central Asia's railway industry, and is it up to the new challenges? The history of rail transport in Central Asia dates back to the end of the 19th century. In 1874, a special commission of the Russian Empire recognized the need to construct a line from Orenburg to Tashkent. Later, however, strategic considerations forced a change of plan and to ensure a stable connection between the Turkestan and Caucasus regions, the first steel highway in Central Asia would be built to connect Tashkent with the eastern coast of the Caspian Sea. This was an active period of the so-called Great Game, when Russia and Great Britain competed in Central Asia. Since then, the geopolitical importance of railways in the region, which lacks access to oceans, has not decreased whatsoever. Indeed, amid armed conflicts in the Middle East and between Russia and Ukraine, railways have become even more important given their role in ensuring the movement of goods along the Trans-Caspian International Transport Route (TITR) and the International North-South Transport Corridor (INSTC). Against this backdrop, Kazakhstan's President Kassym-Jomart Tokayev has tasked the national railway company Kazakhstan Temir Zholy (KTZ) with leading the transformation of the country into a transport and logistics hub.   Kazakhstan: A story of steady development The length of Kazakhstan's mainline rail network is over 16,000 km, with over 800 stations and crossing points. The freight car fleet exceeds 120,000 units, while locomotives number more than 1,700. Kazakhstan’s railways account for 70% of freight traffic, and 60% of passenger traffic in the country. Just under 1% of the country’s population is employed in the rail industry. According to the KTZ's annual report in 2023, container transit rose 14% year-over-year to 1.282 million TEU (twenty-foot equivalent units), which drove a 30.6% year-on-year rise in operating income to KZT1.934 trillion, while net profit came in at KZT136.8 billion ($286.8 million). The volume of freight transported between Kazakhstan and China was also up 22% to 28 million tons. In addition, KTZ reported the completion of large-scale track repairs in 2023, with 1,443 km of railway track repaired, double the figure achieved in 2022. The start of large infrastructure projects was also noted. In particular, construction was launched of the Darbaza–Maktaaral and Bakhty–Ayagoz lines (with a third border crossing with China set to be opened in 2027), while construction of the bypass line around Almaty also commenced. Over 300 km of the second track was laid on the Dostyk-Moyynty railway section. Finally, a Kazakh transport and logistics terminal was opened in the Chinese dry port of Xi'an.   Uzbekistan: First high-speed rail in Central Asia O’zbekiston Temir Yo’llari (UTY), Uzbekistan's national rail carrier, was founded on November 7, 1994, taking over the lines of the Soviet-era Middle...

Taliban Announces Revision of Borders With Central Asian Countries

According to the acting Afghan Minister of Energy and Water Resources, Abdul Latif Mansour, Afghanistan's borders with Central Asian countries, which have been eroded, will be revised. "Due to floods, our borders with Tajikistan, Uzbekistan, and Turkmenistan were eroded. We are working to restore these borders and have already discussed this issue with our supreme leader," Mansour said. However, it is still unclear whether the neighboring states have been notified. Mansour stressed that the plan to revise the borders, developed on the instructions of the Islamic Emirati leader, Haibatullah Akhundzad, will be implemented jointly with the ministries of the Interior, Foreign Affairs, Defense, and the General Intelligence Directorate. Mansour did not disclose the details of the strategy, but the ministry spokesman assured those assembled that Afghanistan's actions on water resources management will not harm neighboring countries. It should be noted that the borders of Tajikistan, Uzbekistan, and partially Turkmenistan, along with Afghanistan, run along the Amu Darya River. When the Taliban returned to power in Afghanistan, construction of the Qosh-Tepa irrigation canal, which originates from the Amu Darya, began. Once completed, the canal will supply water to the agricultural northern provinces of Faryab and Balkh. Additionally, land for three projects will be allocated, including provisions for Jawzjan. These plans have raised concerns in neighboring Central Asian countries, especially Uzbekistan and Turkmenistan, which depend on water from the Amu Darya. However, the Afghan authorities argue they have a legal right to their share of the river's flow, which they have not yet utilized.

Chess: Young Kazakh Boy Takes on World No. 1 Magnus Carlsen

Magnus Carlsen, the world’s top-ranked chess player for more than a decade, stretched back and yawned as he waited to begin a match at the 2024 FIDE World Rapid and Blitz Team Championship in Astana, Kazakhstan. Facing him across the board was Nurassyl Primbetov, a young Kazakh boy who smiled and straightened his black pieces in their squares ahead of what was surely one of his biggest moments as a chess talent. Primbetov was born in 2013, according to the FIDE website. “Who is this young player? It must be so exciting for him to be facing Magnus Carlsen,” said Irina Krush, an American grandmaster doing commentary for FIDE, the International Chess Federation, on its YouTube channel. Another commentator warned against underestimating very young players, saying they are often “super dangerous” in blitz chess. It was one of the more unusual encounters in the chess event, which drew many of the world’s best players to the Kazakh capital over the past week. In the rapid chess contest, the Al-Ain ACMG UAE team was the winner, while the Decade China team led by world champion Ding Liren came second. The WR Chess team, which included Carlsen, won the blitz portion of the championship, defeating Indian squad MGD1 in the final on Monday. “I’ve been struggling a bit here, coming from a big time difference. I haven’t really been able to sleep much. Today I was really running on fumes,” a bleary-eyed Carlsen said after his team’s blitz victory in an interview on the FIDE channel. Carlsen, who is from Norway, said adrenaline had eventually kicked in and he was able to focus better. “Honestly, I just want to sleep. So, that’s how I’ll celebrate,” he said. Earlier, there was buzz around the clash between Carlsen, with a rating of 2,888 points in blitz chess, and Primbetov, with a rating of 1,904. “As a kid, it is not every day that you get to play with the world #1 Magnus Carlsen,” ChessBase India said. Representing the Baiterekchess team, Primbetov met Carlsen in a pre-knockout qualifying round. The Kazakh player came under early pressure as Carlsen’s white knights pushed hard on the black king side. Blitz games last just a few minutes and 33-year-old Carlsen was up on the clock against his young opponent, who was running out of time. Still, Krush noted that Carlsen, a world champion in multiple years, wasn’t trying to play very fast or unleash any fancy moves that could deliver a quick checkmate against the Kazakh boy. “He’s not trying to put any psychological pressure on his young opponent,” Krush said, adding that she didn’t think it was “an accident” because Carlsen tends to show a “gentleman-like demeanor towards these younger players.” Carlsen was once a child prodigy himself. As a 13-year-old in 2004, he drew a game against Garry Kasparov, one of the all-time greats. As Carlsen’s position strengthened and a win appeared inevitable, Primbetov played for a stalemate instead of resigning. But Carlsen bore down with a...

Preparations for 5th World Nomad Games Being Finalized in Kazakhstan

From September 8 to 14, 2024, Astana, the capital of Kazakhstan, will host the World Nomad Games, reflecting the cultural heritage of nomadic peoples. The competition promises to be a grandiose event for all participants and spectators. According to preliminary information, about 3000 athletes from 100 countries will participate in the games. The Games, an international competition in nomadic sports, was first held in 2014 in Cholpon-Ata, Kyrgyzstan, and quickly gained international recognition. The games are held every two years and aim to preserve and popularize unique ethnic sports and cultural traditions. Cholpon-Ata has hosted the international competition three times. In 2014, there were 583 athletes from 19 countries and ten sports; in 2016, there were 1,200 athletes from 62 countries with 26 sports; and in 2018, 2,000 athletes from 82 countries participated in 37 sports. The 4th World Nomad Games were held in 2022 in Iznik, Turkey, and were attended by 3,000 athletes from 102 countries with 13 sporting events. The 2024 program promises to be rich and diverse, covering many disciplines such as kokpar (buzkashi), horse racing, national wrestling, archery, hunting with birds, and traditional intellectual games. A total of 21 competitive sports will be contested, and 97 sets of medals will be awarded. This year's Games program includes rarely-seen sports, such as traditional horseback wrestling. One of the key features of the World Nomad Games is its cultural program. As part of the Games, the Nomad Universe Festival will be held, which will present ethnic exhibitions of traditional crafts and national dishes. This will allow the event's guests to become acquainted with the rich cultural heritage of nomadic peoples, feel the spirit of ancient traditions, and enjoy the unique atmosphere. The main sports venues of the Games will include the Astana Arena, Kazanat Hippodrome, Ushkempirov Martial Arts Palace, Alau Ice Palace, and Duman Complex. These modern facilities will ensure high-quality competitions and comfort for participants and spectators alike. Executive Director of the 5th World Nomad Games, Nail Nurov has said that preparations for the large-scale event have reached the final stages, also emphasizing that the World Nomad Games are not only a sporting event, but also a cultural event. "Now we are creating a large ethno-village of 10 hectares. In addition to the scenes of rich nomadic culture, there will also be a city of artisans. There will be conferences where scientific presentations will be made in the field of traditional sports. This time, there will [also] be a talk on nomadic food culture," he stated.