• KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760

Viewing results 43 - 48 of 13219

Tajikistan Lithium Project Planned at Namadgut Deposit

Tajikistan plans to launch a lithium mining project at the Namadgut deposit in the Ishkashim district of the Gorno-Badakhshan Autonomous Region within the next year, according to Minister of Industry and New Technologies Sherali Kabir. Around 80% of the equipment required for the project has already been delivered to Tajikistan, while substantial geological exploration has been carried out at the deposit. That said, the government has not disclosed the size or grade of its lithium reserves, nor the project’s expected output or cost. The Namadgut deposit also contains niobium, tantalum, and beryllium, in addition to lithium, according to Kabir. Niobium is mainly used to strengthen steel and in heat-resistant alloys for aircraft engines and other high-temperature equipment. Tantalum is used in compact electronic capacitors, including those found in phones and computers, as well as in aircraft-engine alloys. Beryllium is used in lightweight, high-strength components for the aerospace, electronics, and nuclear industries. Although global lithium prices recovered from their 2025 lows during early 2026, they remain around 70% below their 2022 peak. Kabir acknowledged that this fall in prices but argued that the presence of other valuable metals, whose prices may be more stable, could improve the project’s commercial prospects. The minister also believes that developing Tajikistan’s lithium industry could help attract major international companies involved in electric vehicle and battery production. “An electric vehicle requires aluminum for the body, copper for the wiring, and lithium batteries as a key component. We have these resources,” Kabir said. According to the minister, the development of lithium production could create opportunities for Tajikistan to establish higher value-added industries rather than limiting itself to raw-material exports. The Namadgut project forms part of a broader effort to develop Tajikistan’s critical-minerals sector. In 2024, officials reported the discovery of 15 new deposits of rare metals, including lithium, according to Mukhtor Fozilzoda, head of the geology department at Tajikistan’s Main Directorate of Geology. The deposits were identified in remote eastern areas, including Karasu, Agbasoy, Payron, and Rokhshif. Despite difficult terrain and harsh natural conditions, officials say advances in exploration technology have made it possible to study these regions more effectively. Fozilzoda said the discoveries could support the expansion of the mining industry, create jobs, and provide raw materials for battery manufacturing and other high-technology sectors. Kabir previously said Tajikistan intended to become the first country in the Commonwealth of Independent States to establish lithium production. According to the minister, Tajikistan possesses reserves of 10 of the 12 metals considered critical for the global green transition, with six already being produced domestically. Critical minerals are essential for renewable-energy technologies, including solar and wind power systems, electric vehicles, and battery storage. Kabir added that during the Soviet period, only three enterprises produced what he described as rare-earth metals, two of which were located in Tajikistan. Public accounts more clearly document Tajikistan’s Soviet-era role in uranium and broader rare-metal processing, particularly at the Leninabad Mining and Chemical Combine, now known as Vostokredmet. The government is now negotiating with international companies on...

Kazakhstan Agricultural Exports Rise 36% in Early 2026

Kazakhstan’s agricultural exports rose sharply during the first four months of 2026, although the government’s full-year target points to much slower growth over the remainder of the year. Exports of agricultural and processed food products reached $3 billion in January-April, up 36% from $2.2 billion during the same period of 2025, according to figures presented by Agriculture Minister Aidarbek Saparov. The government expects the total to reach $7.2 billion by the end of 2026. More than half of last year’s export earnings, or $3.6 billion, came from processed agricultural products rather than raw commodities. The ministry aims to strengthen that trend by increasing the share of higher value-added food products in total agricultural exports. Food production increased by 14.7% during the first six months of 2026. The government aims to raise processing rates for six key product groups – meat, milk, oilseeds, corn, rice, and buckwheat – from 64% in 2025 to 70% this year. The strong performance followed two years of near-record grain production. The U.S. Department of Agriculture estimates that Kazakhstan will export a record 11 million metric tons of wheat during the 2025-26 marketing year, after shipments rose by more than 30% during its first six months. It forecasts wheat exports falling to 7.5 million metric tons in 2026-27 as production returns toward average levels after two unusually strong harvests. The figures underline the continued importance of grain to Kazakhstan’s agricultural exports, despite the government’s efforts to increase sales of processed food products. The ministry says the government’s priorities remain improving sector efficiency and increasing production of value-added agricultural goods. As previously reported by The Times of Central Asia, Kazakhstan increased revenues from processed agricultural exports by more than one-third in 2025. Agricultural exports to Iran nearly doubled, rising 97% to $238.5 million, although grain accounted for $225.3 million of that total. Agricultural trade with Turkey also increased by 25% during 2025, although the figure covers both Kazakh exports and imports from Turkey.

Cathay Flights to Bring Cargo Service to Astana and Passenger Service to Almaty

Cathay, Hong Kong’s flagship airline, plans to launch regular cargo flights to Astana in August 2026 and begin passenger services between Hong Kong and Almaty in January 2027, Kazakhstan’s Ministry of Transport said. Cathay is based at Hong Kong International Airport and is among the world’s leading passenger and cargo airlines. The carrier also holds a five-star rating from Skytrax, the British aviation consultancy that evaluates service quality at airlines and airports worldwide. The airline’s plans to enter the Kazakhstan's market were discussed during a meeting between Saltanat Tompiyeva, chair of Kazakhstan’s Civil Aviation Committee, and Oliver Coelho, Cathay’s regional manager for the Middle East. According to the ministry, Cathay intends to begin regular cargo flights to Astana on August 1, operating up to five services a week with Boeing 747 aircraft. The airline also plans to launch scheduled passenger flights between Hong Kong and Almaty from January 2027. The route is expected to operate three times a week using Airbus A330 aircraft. Tompiyeva said Kazakhstan was ready to provide the necessary support for both projects. The two sides agreed to continue work on the regulatory and operational procedures required to launch the services and to coordinate closely on developing air links between Kazakhstan and Hong Kong. Kazakhstan’s authorities expect the new routes to support trade and tourism. They also expect the services to improve logistics and deepen economic ties with Hong Kong. Cathay currently operates around 237 aircraft and serves more than 100 passenger destinations. Its cargo subsidiary, Cathay Cargo, operates scheduled freight services to 41 destinations and transports more than 1.67 million tons of cargo annually, placing it among the world’s largest air-freight operators. As previously reported by The Times of Central Asia, Kazakhstan’s Transport Minister Nurlan Sauranbayev said in May that direct flights between Astana and Tokyo were expected to begin in the fourth quarter of 2026, while a direct Astana-New York service could be launched in the second quarter of 2027. In early July, President Kassym-Jomart Tokayev also called for construction of a second airport in Astana to begin as soon as possible amid rising passenger traffic and intensifying competition between Central Asia’s transport and logistics hubs.

Uzbekistan and Belarus Establish Strategic Partnership in Minsk

Uzbekistan and Belarus have established a strategic partnership following President Shavkat Mirziyoyev's official visit to Minsk, where the two governments signed a broad package of economic, labor, scientific, and cultural agreements. According to the Uzbek presidential press service, Mirziyoyev visited Minsk on July 8-9 at the invitation of Belarusian President Alexander Lukashenko. He was welcomed with an official ceremony at the Palace of Independence before the two leaders held both one-on-one and expanded talks with their delegations. The visit marked a notable milestone in a relationship that has expanded steadily in recent years. Diplomatic relations between Uzbekistan and Belarus were established on January 21, 1993, but Uzbekistan opened its first embassy in Minsk only in March 2018. Before that, the Uzbek Embassy in Russia also covered Belarus. The relationship is developing while Belarus remains under extensive European Union sanctions over human rights abuses and its support for Russia's war against Ukraine. Speaking after the talks, Mirziyoyev said the visit had become “a historic event in the development of Uzbek-Belarusian relations.” He said the newly signed declaration “marks the beginning of a new chapter in strengthening interstate cooperation” and demonstrates both countries’ commitment to long-term partnership. The leaders highlighted the rapid growth in economic ties. According to the Uzbek side, bilateral trade has nearly tripled over the past five years and approached $1 billion by the end of 2025, while trade during the first months of 2026 rose by another 30%. Official figures differ according to methodology. The Uzbek side said bilateral trade approached $1 billion in 2025, while Belarusian trade figures put goods trade at almost $855 million and services at $207.9 million. Belarusian state news agency BelTA also said around 230 enterprises with Belarusian capital are registered in Uzbekistan and that Belarus had a positive trade balance of more than $517 million. Both presidents said the target of $2 billion in annual trade is achievable by 2030. To support that goal, the two governments adopted a 2026-2030 action plan covering trade, economic, social, and humanitarian cooperation. The plan includes measures to expand collaboration in agriculture, mechanical engineering, pharmaceuticals, electrical engineering, microelectronics, textiles, furniture production, and other manufacturing sectors. One of the most significant areas discussed was nuclear energy. The Uzbek presidential press service said the parties agreed to draw on Belarusian experience in the construction of Uzbekistan’s first nuclear power plant and related infrastructure. Belarus operates the Russian-financed Ostrovets plant, whose two VVER-1200 units were built by Atomstroyexport. Uzbekistan’s own project is being developed with Russia’s Rosatom and is planned to combine two VVER-1000 reactors with two smaller RITM-200N units. Political analyst Mukhtor Nazirov said the declaration represented a qualitative change and could create opportunities for investment, technology transfer, and industrial cooperation. He described nuclear cooperation as “one of the most important components of the strategic partnership,” arguing that it required a particularly high level of trust. Labor migration also emerged as a major theme. During the talks, Lukashenko invited Uzbek citizens, especially families, to move to Belarus to...

Kazakhstan to Establish Committee to Regulate Digital Asset Market

Kazakhstan will establish a dedicated committee under the National Bank to oversee the development, regulation, and supervision of the country’s digital asset market, and expand oversight of the national payments system, National Bank Governor Timur Suleimenov has announced. The decision follows President Kassym-Jomart Tokayev’s signing last week of the decree “On Measures to Stimulate and Develop the Digital Assets Industry in the Republic of Kazakhstan”. Developed jointly by the Ministry of Artificial Intelligence and Digital Development and the National Bank, the decree lays the groundwork for a regulated digital asset market while expanding the use of innovative financial technologies. Among its key provisions, the decree authorizes the use of digital assets and stablecoins for cross-border settlements, opening new channels for Kazakhstan’s exporters and importers. It also introduces a voluntary disclosure mechanism allowing digital assets currently held on unregulated foreign platforms to be transferred into Kazakhstan’s regulated ecosystem. In addition, individuals will be exempt from personal income tax on profits generated through digital asset transactions conducted on platforms licensed in Kazakhstan, creating further incentives for investors to use the country’s regulated infrastructure. The authorities are also expanding the practical use of cryptocurrencies in everyday commerce. Alatau City Bank has announced the launch of its Crypto Pay service, enabling customers to pay for goods and services using cryptocurrency through QR code payments at point-of-sale terminals. According to Suleimenov, cryptocurrency payments are already accepted at approximately 5,000 retail outlets in Astana and Almaty, with plans to expand the network nationwide. “In the future, this functionality will not be limited to Alatau City Bank. Other banks are developing similar solutions, which will eventually become part of a unified QR payment system. That system will integrate not only banks but also payment organizations and cryptocurrency wallets,” Suleimenov said. As Kazakhstan’s digital asset market continues to expand, the government believes a specialized regulator has become necessary. The new committee will have two principal responsibilities: providing oversight of and ensuring transparency in the national payments market, and regulating and supervising digital financial assets. “These instruments are developing extremely rapidly, and without a dedicated institution that understands them as well as the market itself, it will be difficult to effectively oversee all ongoing processes,” Suleimenov said. The National Bank is currently finalizing the committee’s organizational structure and preparing the legal framework required for its operation. According to Suleimenov, the institutional setup should be completed within the next three months, allowing the new regulator to begin operations in the second half of 2026. As previously reported by The Times of Central Asia, Kazakhstan is also considering the creation of a national cryptocurrency reserve. In addition, senior National Bank officials have indicated that part of the country’s National Fund assets and foreign exchange reserves could eventually be allocated to cryptocurrency investments.

Opinion: Kazakhstan’s Demining Expertise Could Provide Boost to Afghanistan

According to the United Nations Office for the Coordination of Humanitarian Affairs (OCHA), Afghanistan remains one of the most heavily mined countries in the world. During the first five months of 2026 alone, 175 people were killed or injured by landmines and unexploded ordnance, with children accounting for approximately 75% of the victims. Behind these figures lies a daily reality of fear: farmers cannot safely cultivate their fields, children cannot walk to school without risk, and road construction equipment cannot reach critical transport routes. In practice, this continues to hinder the development of the entire region. Mine-contaminated land prevents the recovery of agriculture, blocks the construction of roads, complicates the return of displaced populations, and significantly increases the cost of infrastructure projects. According to the Landmine and Cluster Munition Monitor, Afghanistan ranks among the world’s most heavily mined territories, alongside Bosnia and Herzegovina, Cambodia, Ethiopia, Iraq, and Ukraine.  A Barrier to Central and South Asian Integration For Kazakhstan and the other countries of Central Asia, this issue also carries  strategic significance. Without stability in Afghanistan, the implementation of Eurasian transport projects and the expansion of trade links with South Asia become increasingly difficult. Globally, humanitarian demining is no longer viewed simply as a charitable activity. Today, it represents the starting point of any major infrastructure project. Railways cannot be laid, nor can high-voltage transmission lines be built, where the ground itself remains hostile to human activity. Virtually every prospective transport corridor connecting Central Asia with ports on the Indian Ocean passes through Afghan territory, including major projects such as the development of the Trans-Afghan Corridor and the CASA-1000 project electricity project. International experience demonstrates that humanitarian demining in Cambodia, Bosnia and Herzegovina, Croatia, and Azerbaijan created the conditions for economic recovery, the return of displaced populations, and the attraction of foreign investment. From Kazbat’s Experience to a New Humanitarian Mission Unlike most countries in the region, Kazakhstan possesses substantial practical experience in conducting mine-clearance operations. Between 2003 and 2008, Kazakhstan’s military engineering unit, Kazbat, participated in the international mission in Iraq, destroying approximately 4.5 million explosive devices. Initially, Kazakh sappers cleared residential neighborhoods and agricultural land of unexploded ordnance. Later, they expanded their operations to locating and destroying underground and above-ground weapons depots abandoned after the conflict. These operations prevented millions of rounds of ammunition from falling into the hands of terrorist organizations. The mission came at a cost. In January 2005, 29-year-old Captain Kairat Kudabayev was killed when munitions detonated during preparations for disposal, while several other Kazakh servicemen were injured. Kazakh specialists also supplied local communities with purified drinking water and provided medical assistance, demonstrating a comprehensive approach to post-conflict recovery. More than 5,000 Iraqi civilians received medical treatment, while approximately 7,000 cubic meters of drinking water were purified. The expertise Kazakhstan accumulated could now evolve into a civilian-focused mission centered on protecting civilian populations and supporting Afghanistan’s long-term economic recovery. How a New Regional Platform Could Operate Kazakhstan’s international development agency, KazAID, could serve as the national...