• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10559 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10559 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10559 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10559 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10559 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10559 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10559 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10559 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%

Our People > Dmitry Pokidaev

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Dmitry Pokidaev

Journalist

Dmitry Pokidaev is a journalist based in Astana, Kazakhstan, with experience at some of the country's top media outlets. Before his career in journalism, Pokidaev worked as an academic, teaching Russian language and literature.

Articles

Kazakhstan Proposes Creating a Digital Platform Within the EAEU to Coordinate Freight

Kazakhstan has proposed the creation of a unified digital platform for coordinating cargo flows within the Eurasian Economic Union (EAEU). Prime Minister Olzhas Bektenov presented the proposal at a meeting of the Eurasian Intergovernmental Council in Shymkent. The proposal involves developing an integrated system based on AI that will improve the efficiency of logistics processes across the union. Currently, the EAEU comprises five countries: Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia. Moldova, Uzbekistan, Cuba, and Iran hold observer status. According to Bektenov, the creation of a unified AI-based platform will reduce cargo delivery times and lower business costs. “In order to fully realize the transit and transport potential of the Union’s member states, it is proposed to create an integrated platform for coordinating cargo flows based on artificial intelligence,” he noted. Kazakhstan is paying particular attention to the digitization of control procedures. In particular, it is proposed to fully transition veterinary and phytosanitary controls to an electronic format. This involves moving away from paper documents and implementing data exchange mechanisms both within the EAEU and with third countries. Kazakhstan is a regional leader in terms of readiness for AI implementation.  Further initiatives include the creation of an artificial intelligence fund and an international computing hub.

2 weeks ago

Kazakhstan–Kashagan Dispute Heads to International Arbitration

Kazakhstan’s Vice Minister of Justice, Daniel Vaisov, announced that the country’s claims over the removal of sulfur storage limits at the Kashagan field, operated by North Caspian Operating Company N.V. (NCOC), will be heard under the International Centre for Settlement of Investment Disputes framework, which is headquartered in Washington. NCOC includes Shell, TotalEnergies, Eni, ExxonMobil, CNPC, Inpex, and KazMunayGas. In March 2023, an inspection of the Kashagan consortium by Kazakhstan’s environmental authorities identified violations of environmental legislation, including the excessive storage of sulfur volumes exceeding permitted limits. The resulting claim was valued at around $5 billion, according to the authorities. A court of first instance in Kazakhstan ruled in favor of the environmental authorities, according to Vaisov. Six of the seven NCOC participants, excluding KazMunayGas, challenged the ruling in a Kazakh court in March this year. At the same time, the foreign investors initiated international arbitration proceedings. “This claim was filed under bilateral international agreements: the agreement between the Republic of Kazakhstan and the Republic of France, and the agreement between the Republic of Kazakhstan and the Kingdom of the Netherlands,” Vaisov said during a briefing. The Ministry of Justice, Ministry of Ecology, and Ministry of Energy are jointly handling the case. Kazakhstan has been steadily tightening its position in major energy projects, seeking a larger share of revenues from fields developed under production-sharing agreements signed in the 1990s. Disputes over Kashagan and Karachaganak reflect broader efforts to rebalance terms with foreign investors as production stabilizes and fiscal pressures grow. The outcome of these cases could reshape how Central Asia’s largest economy manages foreign participation in its energy sector. A separate dispute concerning project costs, reportedly exceeding $100 billion, is being handled under the framework of the Production Sharing Agreement (PSA), in line with government policy, Vaisov said. Kazakhstan maintains that under the current terms, participating oil companies receive up to 98% of revenue from oil production at Kashagan, leaving the state with comparatively limited income in the form of royalties. Astana’s claim related to this issue has been reported at approximately $160 billion. “As far as I know, an interim decision has been made regarding Karachaganak. Further work is currently underway,” Vaisov said. In January 2026, an international arbitration tribunal ruled in favor of Kazakhstan in its dispute with shareholders in the Karachaganak Oil and Gas Projects, Eni, Shell, Chevron, and Lukoil. Compensation for the shareholders’ unjustified reimbursement of expenses has yet to be determined, but experts estimate it at between $2 billion and $4 billion. Vaisov also noted that Kazakhstan has been reducing the cost of arbitration proceedings involving foreign investors. “The Ministry of Justice has managed to reduce spending on these matters each year. Since 2021, costs have been reduced by nearly threefold. At the same time, the Republic of Kazakhstan engages leading law firms for these proceedings, as contracting companies do the same,” he said.

3 weeks ago

Despite Growth Plans, Trade Between Kazakhstan and Russia Declined in 2025

Trade and economic ties between Kazakhstan and Russia showed signs of slowing in 2025. By the end of the year, bilateral trade totaled $27.4 billion, a slight decrease compared with the previous year. The figures were announced by Kazakhstan’s Minister of Trade and Integration, Arman Shakkaliev, following talks in Astana between Prime Minister Olzhas Bektenov and Russian Prime Minister Mikhail Mishustin. A year earlier, bilateral trade had demonstrated growth. In 2024, trade turnover increased by 3% to reach $27.8 billion, largely driven by rising imports of Russian goods into Kazakhstan. At the same time, exports of Kazakhstani products to Russia declined, pointing to a persistent imbalance in the structure of trade. The contraction recorded in 2025 reflects a broader trend, a slowdown in growth while overall trade volumes remain relatively high. Despite the decline, both sides continue to set ambitious targets for expanding economic cooperation. “At the same time, the goal has been set to bring bilateral trade to $30 billion. During the meeting of the heads of government, measures and priority sectors that could generate additional trade growth were discussed. These include energy, commerce, transport and logistics. We also reviewed issues related to the negotiation process and our integration agenda,” Shakkaliev said. Kazakh authorities expect digitalisation measures to help accelerate trade flows. Kazakhstan’s Deputy Minister of Finance, Yerzhan Birzhanov, outlined plans to introduce electronic waybills and modernize 30 checkpoints along the Kazakhstan–Russia border. These steps are expected to reduce transit times and improve operational transparency. Russia remains one of the largest investors in Kazakhstan’s economy. “There is a very significant presence of Russian business in Kazakhstan, and we welcome it. We are ready to explore new areas of cooperation. I am confident that there are ample opportunities for this. The Government of Kazakhstan will make every effort to intensify and enhance our cooperation,” Bektenov said. In turn, Mishustin highlighted prospects for further joint initiatives. “There is considerable potential in bilateral cooperation to launch joint projects in energy, industry, transport infrastructure, agriculture and the digital economy,” he stated. In addition to economic issues, the two sides discussed joint efforts to preserve the ecosystem of the Caspian Sea and implement environmental initiatives. External factors are also influencing trade dynamics. In particular, tighter foreign trade procedures introduced by Russia could reshape logistics routes and alter commodity flows across Central Asia.

3 weeks ago

Kazakhstan to Invest Over $15.5 Billion in Coal-Fired Power Generation

Kazakhstan is launching a large-scale investment programme in the energy sector. By 2030, the country plans to attract at least $15.5 billion for the development of coal-fired power generation. The corresponding national project has been approved by the government. According to government estimates, electricity demand in Kazakhstan will grow at an accelerated pace, partly due to the expansion of the IT sector, data centers, and AI. Under these conditions, the authorities are prioritising baseload generation, which renewable energy sources are not yet able to fully provide. The national project provides for the commissioning and modernisation of 7.8 GW of capacity. Key facilities include an energy cluster in Ekibastuz (2,640 MW), power plants in Kurchatov (700 MW) and Zhezkazgan (500 MW), as well as new combined heat and power plants in Kokshetau, Semey, and Ust-Kamenogorsk. Financing will come primarily from extra-budgetary sources through the attraction of private capital. The government expects the investments to generate a multiplier effect in the economy, including growth in mechanical engineering, energy equipment manufacturing, and automated systems. At the same time, 11 existing power plants are to be modernised. This is expected to reduce equipment wear by 12.6% and increase generation efficiency. Implementation of the project will also lead to an increase in thermal coal consumption of around 20 million tons per year. To ensure supply, additional investment is planned in transport infrastructure, including expanding the railcar fleet and modernising railway lines. Coal-fired generation is therefore set to become a driver not only for the energy sector but also for related industries. Despite the emphasis on coal, the authorities are counting on the introduction of “clean” generation technologies. New power plants will be equipped with modern emission-control systems, including electrostatic precipitators and desulphurization units. These measures are expected to reduce environmental impact and bring the industry closer to international standards. The project is expected to create about 4,500 permanent jobs, along with employee support measures such as subsidised mortgages. The launch of the project comes amid the global energy transition, creating a strategic dilemma. On the one hand, Kazakhstan aims to ensure energy security and sustain economic growth. On the other, pressure linked to the international climate agenda remains. As previously reported by The Times of Central Asia, the country plans to fully meet domestic electricity demand by 2027 and achieve a sustainable surplus by 2029, allowing it to begin exports. At the same time, new energy-intensive projects are under consideration, including the creation of a “data centre valley” in the Pavlodar region, which is also expected to rely on coal-fired generation.

3 weeks ago

Tokayev Proposes Turkestan as Venue for Middle East Peace Talks

Kazakhstan’s president, Kassym-Jomart Tokayev, has called for immediate negotiations to resolve the conflict in the Middle East and proposed the city of Turkestan as a venue for talks. Tokayev made the remarks during a visit to the Turkestan region, warning that escalating conflicts worldwide, including the conflict involving Iran, the United States, and Israel, are harming global stability and trade conditions for countries not directly involved in the hostilities. He said the situation in the Middle East has reached a critical stage and that further escalation by Iran, the United States, or Israel would benefit none of the parties. “First and foremost, I call for an end to armed attacks on civilian and economic targets. Then it is necessary to sit down at the negotiating table,” Tokayev said. The president said Kazakhstan is not seeking to mediate in the conflict but is prepared to offer its territory as a neutral platform for negotiations. “I believe such a dialogue could be organized in Turkestan. This would demonstrate the goodwill of the Kazakh people,” Tokayev added, noting that the final decision depends on the parties involved. The choice of Turkestan is both geographic and symbolic. The city is regarded as one of Central Asia’s spiritual centers and an important destination for pilgrims. It is home to the mausoleum of Khoja Ahmed Yasawi, a prominent Sufi poet and thinker. The structure, commissioned in the 14th century by Amir Timur, adds historical resonance to Tokayev’s proposal and is included on the UNESCO World Heritage List. Turkestan’s historical legacy and religious significance make it a potentially neutral and symbolically meaningful setting for peace talks. The proposal also reflects Kazakhstan’s long-standing effort to position itself as a neutral diplomatic platform. Astana has previously hosted international negotiations, including talks on Syria, and has sought to build a reputation as a venue for dialogue between competing powers. Offering Turkestan, rather than the capital, reinforces both the initiative's symbolic and political neutrality. Tokayev’s proposal comes amid continued escalation in hostilities involving Iran and a U.S.-Israel coalition, which intensified in late February following exchanges of missile strikes and air attacks. For Kazakhstan and other Central Asian states, the conflict carries direct implications. Iran’s status as a Caspian littoral country raises additional security concerns for Kazakhstan’s western regions in the event of further escalation. The Times of Central Asia previously reported on disruptions to regional supply chains and transport routes. Volatility in global oil prices and the risk of disruption across Caspian-linked trade routes add further pressure, underscoring how conflicts far beyond Central Asia’s borders can quickly translate into economic and security risks for the region.

3 weeks ago