• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.10415 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.10415 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.10415 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.10415 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.10415 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.10415 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.10415 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.10415 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%

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Tokayev Says Kazakhstan Will Continue Supporting ‘Board of Peace’ Initiative

Kazakh president says the format offers a new blend of diplomacy and business that could help ordinary people, particularly in Gaza In remarks released by Aqorda, Kazakhstan’s presidential press office, President Kassym-Jomart Tokayev said Kazakhstan will continue to support the “Board of Peace” initiative, describing it as an innovative diplomatic format that could still play a role in efforts to advance peace in the Middle East. Tokayev made the comments while answering a question from Bojan Brkic, Astana bureau chief for Euronews, during Kazakhstan’s national referendum. Brkic asked whether the initiative remained viable amid current developments in the Middle East and why Kazakhstan had decided to join it in the first place. He framed the question in the context of Tokayev’s repeated assertion that Kazakhstan is positioning itself as a “middle power” on the international stage. In his response, Tokayev said he was drawn to the initiative because of what he called its unconventional and practical approach to resolving complex international issues. “It is a mixture or a combination of traditional diplomacy and big business which will benefit ordinary people, particularly in the Gaza Strip,” Tokayev said. “So I think that this idea needs to be supported, and that is why we made the decision to join the Board of Peace.” The president argued that the international community has grown weary of diplomatic processes that produce statements but few concrete results. In his view, new mechanisms are needed to address long-running crises more effectively. “People around the world got tired of endless conferences with wishful-thinking resolutions that very few people read, as a matter of fact,” he said. “That is why we should support this idea, because it is a very new one.” Tokayev also voiced strong personal respect for U.S. President Donald Trump, praising what he called Trump’s “strategy of common sense” and expressing confidence that the prospects for peace in the Middle East had not disappeared. “I think that the prospect of peace in the Middle East, and particularly in Palestine, still exists,” Tokayev said. “And I believe that the future of this idea, of this initiative — at least I would like to hope so — is very bright.” He added that Kazakhstan intends to remain committed to the initiative. “As far as Kazakhstan is concerned, of course, we will continue to support this initiative,” Tokayev said.  

11 hours ago

U.S. Air Tanker Crash in Iraq Recalls KC-135 Loss in Kyrgyzstan in 2013

The March 12 fatal crash of a U.S. military KC-135 refueling aircraft supporting air strikes on Iran was the first accident involving that type of plane since a 2013 crash in Kyrgyzstan during U.S. military operations in Afghanistan. The U.S. Central Command said on Friday that that all six crew members on a KC-135 that went down in western Iraq had died, and that the aircraft was lost while flying over “friendly airspace,” and was not downed by hostile or friendly fire. U.S. military officials previously said two aircraft were involved in the incident, and that the second one landed safely. An investigation into the crash is underway as U.S. and Israeli aircraft continue intense attacks on targets in Iran, which has retaliated with missile and drone strikes on Israel and other countries. Shipping has been disrupted in the Strait of Hormuz, driving up global energy prices. Thirteen years ago, the United States was engaging in military operations against Taliban insurgents in Afghanistan when a KC-135 tanker crashed soon after taking off from Manas air base in Kyrgyzstan, killing all three crew members on board. The crash occurred on May 3, 2013. On March 14 of the following year, the U.S. Air Force released the results of an investigation into the fatal accident. “A unique combination of six factors -- flight control malfunctions, insufficient crew force training, incomplete crew checklist response, use of rudder while in a Dutch roll condition, crew composition, and cumbersome procedural guidance -- all came together during the flight's short 11-minute duration and resulted in this accident,” the investigation report said. It described a Dutch roll as “a more dangerous oscillatory instability” that followed initial instability causing the plane’s nose to drift from side to side. In 2006, a Kyrgyz airliner that was taking off from Manas accidentally struck a KC-135 tanker aircraft that had landed after a mission in Afghanistan and was awaiting instructions from the control tower. There were no injuries on the Kyrgyz plane, and one of the three KC-135 crew members suffered abrasions while evacuating from the refueling aircraft. Between 2001 and 2014, the U.S. Air Force operated a logistics hub at Manas, near Bishkek in Kyrgyzstan.

1 day ago

Private Employment Agencies Expand Overseas Recruitment of Kyrgyz Migrants

Private recruitment agencies that arrange overseas employment for Kyrgyz citizens contributed about $230,000 in tax payments to the state budget last year, according to data published on the Open Budget portal. At the same time, some migrants say that working conditions abroad do not always match the promises made by intermediaries. Kyrgyz media report that 159 companies in the country currently hold official licences to facilitate employment abroad. While Russia remains the main destination for labor migration, interest in jobs in Europe and Southeast Asia has increased in recent years. Kyrgyz citizens can seek employment abroad through the Ministry of Labor, Social Security, and Migration, which has intergovernmental agreements with several countries, including the United Kingdom, Italy, Slovakia, and South Korea. However, many migrants continue to use private agencies, citing faster processing times and a broader choice of destinations. According to official information, licensed companies offer employment opportunities in 26 countries, with the largest number of permits issued for sending workers to Bulgaria, Turkey, Russia, Germany, and the Baltic states. Migrant experience One Kyrgyz migrant, Nurbek Nogoibayev, said he decided to seek work in Europe for the first time after previously working in Kazakhstan and participating in a Work and Travel programme in the United States. A welder by profession, he said a Bishkek-based agency offered him a factory job in Kaunas, Lithuania. “They promised inexpensive housing, a two-year residence permit, and stable work. I had an interview via WhatsApp, and since I speak English and Russian and have experience, they quickly accepted me,” he told The Times of Central Asia. After completing paperwork, obtaining a visa, and paying for travel, he arrived in Lithuania three months later. According to Nogoibayev, the contract signed in Bishkek specified a salary of €5.5 per hour with the possibility of gradual increases. However, he said he was asked to sign a new contract with different conditions upon arrival. He also reported higher housing costs than initially promised and changes to his working schedule, including a six-day work week and mandatory night shifts without additional compensation. When he contacted the agency in Bishkek, he said he was told it could not assist further. Nogoibayev added that he cannot easily change jobs. According to his understanding of local regulations, foreign workers are required to remain with their first employer for a certain period before switching employment, or risk losing their residence permit. He also said that leaving earlier could result in financial penalties. “I would like to work overtime to earn more, but that is not possible,” he said. Calls for oversight Cases such as this have prompted discussion about the need for stronger oversight of private recruitment agencies and improved protection of Kyrgyz citizens working abroad. Observers note that while overseas employment provides an important source of income for many households, disputes over contracts and working conditions remain a recurring concern.

3 days ago

Timur Suleimenov Advances Tokayev Crypto Reserve Plan with $350M Portfolio

National Bank Governor Timur Suleimenov is moving to implement President Kassym-Jomart Tokayev’s crypto strategy, saying Kazakhstan has already formed a crypto-related investment portfolio of up to $350 million from gold and foreign-exchange reserves. The move is the clearest sign yet that Tokayev’s calls for a strategic state role in digital assets are moving from presidential strategy to central-bank implementation. Suleimenov has presented the initiative as a measured reserve-management step rather than a dramatic plunge into direct coin buying. The National Bank is preparing a list of instruments that goes beyond direct cryptocurrency exposure and includes shares of high-tech companies tied to crypto and digital financial assets, index funds and other instruments with similar market behavior. Deputy Governor Aliya Moldabekova said the first investments are expected in April-May, with officials focusing on digital-asset infrastructure companies rather than a large immediate direct allocation to cryptocurrencies. The structure closely tracks Tokayev’s own instructions. In his September 8, 2025 state-of-the-nation address, Tokayev said Kazakhstan should place greater focus on crypto assets and called for a State Digital Assets Fund to be created on the basis of the National Bank’s investment arm to accumulate a strategic crypto reserve. That same address argued that Kazakhstan needed to accelerate the formation of a full digital-asset ecosystem, and The Astana Times reported that the National Investment Corporation, a National Bank subsidiary, will manage the crypto fund. Tokayev had already laid some of the political groundwork a year earlier. In his September 2, 2024 address, he said Kazakhstan should continue improving the regulatory framework for digital assets and mining while further developing crypto exchanges. By May 2025, he was also telling central-bank officials of the Organization of Turkish States that Kazakhstan would introduce new regulations for the secure circulation of digital assets, including cryptocurrencies, stablecoins and tokenized assets. At the same time, Tokayev has paired crypto expansion with tougher enforcement language. During a January 28, 2026 meeting at the Financial Monitoring Agency, he warned that attempts to move capital abroad through cryptocurrency schemes were continuing and said the state needed a stronger barrier against such activity. That caution helps explain why Timur Suleimenov and Tokayev are favoring a state-managed, rules-based portfolio of diversified crypto-linked assets, rather than a rapid expansion into direct cryptocurrency purchases. Taken together, Kazakhstan’s direction is becoming clearer: Tokayev is setting the strategic line, and Timur Suleimenov is translating it into a controlled investment program inside the National Bank. If the first allocations begin on schedule in April or May, the coming weeks will offer the first concrete test of whether Tokayev’s crypto-reserve vision can work under Suleimenov’s more cautious, institutionally managed model.

3 days ago

Old Bublik? Classic Bublik? Kazakhstani Tennis Player Loses in California

It wasn’t so much the loss that alarmed some tennis fans, but the racket smash.  After stellar results since mid-2025 that propelled him into the top 10, Kazakhstan’s Alexander Bublik went out in the round of 32 at the Indian Wells tennis tournament to Rinky Hijikata, who is ranked outside the top 100. Bublik faded in the third after two tiebreaks, losing 6-7(3), 7-6(3), 6-3 to the Australian qualifier in the southern California desert on Monday. But a moment that distracted from the shot-making came when Hijikata tied the match at the end of the second set, hitting a smash into the open court. Bublik responded by pulverizing his racket, smashing it into the hard court five times in a reminder of past emotional eruptions that some people in the tennis world saw as undermining his potential. Tennis analyst Nikola Aracic said he thought Bublik had the potential to be in the top five but that recent disappointments, including a fourth-round wipeout by Australian Alex de Minaur at the Australian Open in January, were threatening his chances.  “We’re seeing the ‘old Bublik’ unfortunately, and he is back in the trap of jester-maxxing on the court,” Aracic said on his YouTube channel, in reference to Bublik hitting an easy, putaway ball with his racket handle during the match against Hijikata.  “NEVER CHANGE,” Tennis TV said on X, accompanying video of the stunt with a laughter emoji. “People on the internet love it and some of the major publications in the tennis world have praised this as ‘classic Bublik,’” Aracic said. “But I’m seeing this as something very negative” that, if continued, could relegate Bublik to a lower ranking as he loses focus.  The Athletic, a sports journalism outlet owned by The New York Times, featured Bublik in an article this week that was titled: “How to smash a tennis racket: Style, control, damage, aggression — and danger.” The article says Bublik smashed his racket “with abandon and devastation,” though it notes that destroying rackets has a long history among the tennis elite.   Russia-born Bublik, 28, started 2026 by winning the ATP tournament in Hong Kong and becoming a top 10 player for the first time. He won four titles last year after struggling early in 2025, matching his showman instincts with a surge up the rankings.  After beating Bublik, Hijikata lost to Cameron Norrie of Britain in the round of 16 on Wednesday. 

3 days ago

Trump and Tokayev Secure a Historic $4.2 Billion Locomotive Deal

Washington, D.C. – The United States and Kazakhstan have finalized the largest locomotive agreement in history, a $4.2 billion deal that underscores American industrial strength and deepens ties between the two nations. The announcement came following a call between President Donald Trump and Kazakhstan’s President Kassym-Jomart Tokayev, which officials say directly helped bring the deal across the finish line. The U.S. Department of Commerce confirmed that Pennsylvania-based Wabtec will supply about 300 Evolution Series locomotives, in kit form, to Kazakhstan’s state railway over the next decade. Commerce Secretary Howard Lutnick emphasized the scale of the export package, writing on X that the deal is “more than just a huge success story. It’s about American innovation leading the world, supporting thousands of jobs in TX & PA, and strengthening the U.S.–Kazakhstan partnership.” For Trump, the Pennsylvania tie is notable — the state is both home to Wabtec and a perennial battleground in presidential politics. What Trump and Tokayev said President Trump celebrated the breakthrough personally on Truth Social: “I just concluded a wonderful call with the Highly Respected President of Kazakhstan, Kassym-Jomart Kemeluly Tokayev. They have signed the largest Railroad Equipment Purchase in History, $4 Billion Dollars Worth of United States Locomotives and Rail Equipment”. He continued: “Congratulations to President Tokayev on his great purchase. This Country, and the World, was built on reliable, beautiful Railroads. Now they will be coming back, FAST!” Earlier in September, Trump had told reporters he had a “great conversation” with Tokayev — a remark that signaled improving ties between Washington and Astana ahead of the deal. On Sept. 22, the Commerce Department formally confirmed the $4.2 billion agreement. Commerce Secretary Howard Lutnick, in a separate statement on X, emphasized that the leaders’ engagement helped pave the way and argued the deal strengthens an enhanced strategic partnership while embedding American technology in Eurasian connectivity. President Tokayev, for his part, has emphasized transport and logistics as central to Kazakhstan’s role as a “link between Europe and Asia,” calling for expanded rail infrastructure and modern customs systems. In July, amid tariff tensions, he assured Trump in a letter that Kazakhstan was “ready for constructive dialogue” and was confident a compromise could be reached — a posture that laid groundwork for the closer economic cooperation reflected in this deal. Why It Matters: Unlocking Regional Corridors to the West The locomotives will reinforce capacity along the Trans-Caspian “Middle Corridor,” a trade route carrying goods from Central Asia through the South Caucasus and into Europe—an alternative to Russian and Iranian transit that governments have accelerated since 2022. A critical gap in that chain was addressed through U.S.-brokered diplomacy in August 2025, when President Trump hosted Armenian Prime Minister Nikol Pashinyan and Azerbaijani President Ilham Aliyev at the White House. The two leaders signed a peace declaration after decades of conflict and committed to reopening transport links, most notably a 42-kilometer passage through Armenia’s Syunik province, commonly called the Zangezur corridor or the Trump Route for International Peace and Prosperity (TRIPP). By...

6 months ago