• KZT/USD = 0.00221
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
14 September 2026

Our People > Vagit Ismailov

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Vagit Ismailov

Journalist

Vagit Ismailov is a Kazakhstani journalist. He has worked in leading regional and national publications.

Articles

S&P Bolsters Kazakhstan’s Standing as Central Asia’s Financial Hub

S&P Global Ratings has improved its assessment of Kazakhstan’s banking industry as Astana Finance Days opens on September 9, lowering the industry risk score for the country’s banking system from 7 to 6 and citing stronger regulation and supervision. According to Kazakhstan’s Agency for Regulation and Development of the Financial Market, the September 4 decision improved the industry risk component of S&P’s Banking Industry Country Risk Assessment, or BICRA. S&P also changed the trend on Kazakhstan’s separate economic risk assessment from stable to positive. S&P’s BICRA framework evaluates banking systems on a scale of 1 to 10, with lower numbers indicating lower risk. Industry risk assesses factors including banking regulation and supervision, competitive dynamics, and the stability of systemwide funding. Kazakhstan’s overall BICRA grouping remains at 7, while its industry risk score improved from 7 to 6. The industry risk comparison puts the change in perspective. S&P’s published assessments place the United States at 3, Germany at 4, and Brazil at 5. Kazakhstan’s new score of 6 places it alongside banking systems including Bahrain, Oman and Thailand in recent S&P assessments. Within Central Asia, the difference is wider. S&P has assigned Kyrgyzstan an industry-risk score of 8 and Uzbekistan a score of 9. S&P does not currently publish BICRA assessments for Tajikistan or Turkmenistan. S&P also considers Kazakhstan’s banking regulation and supervision more effective than those of Uzbekistan, Kyrgyzstan, Armenia, and Azerbaijan, according to the Kazakh regulator. Stronger Supervision The regulator attributed S&P’s decision to regular asset-quality reviews, risk-based supervisory assessments and measures to limit excessive bank risk-taking, particularly in retail lending. It also cited tighter capital and liquidity oversight and stress testing. The change has already affected individual institutions. The regulator reported an upgrade of the Bank Center Credit’s long-term rating to BB+, while Halyk Bank’s BBB− rating received a positive outlook, indicating the possibility of a future upgrade. The banking decision follows S&P’s August 21 sovereign upgrade from BBB− to BBB with a stable outlook. Kazakhstan remains Central Asia’s only investment-grade sovereign. In an interview with TCA, National Bank Governor Timur Suleimenov linked that improvement to a stronger monetary policy framework, banking resilience, and closer coordination with the government. Kazakhstan also has Central Asia’s most developed capital markets. Almaty’s banks, professional services and Kazakhstan Stock Exchange operate alongside the Astana International Financial Centre and its exchange, giving the country an established concentration of financial business. Capital on the Agenda The timing of S&P’s decision gives the assessment added relevance as Kazakhstan hosts Astana Finance Days. The forum’s announced program includes regulation, law and market confidence, capital market development, and financing for the real economy. Organizers expect more than 5,500 participants from over 80 countries, with representatives of BlackRock, Goldman Sachs and Brookfield among the confirmed speakers. In an August 27 interview with TCA, Zhanbolat Kakishev, chief product officer at the AIFC Authority, said a cumulative $26.3 billion in investment had been attracted to Kazakhstan through the center’s ecosystem, which included more than 6,000 registered companies from 90 countries....

5 days ago

Kazakhstan Rolls Out AI Tools Across Its Transport Networks

Kazakhstan is turning to artificial intelligence to help decide where its airlines should fly and which roads need repair, while other systems aim to move freight across its borders faster. The projects are part of a series of government digital systems intended to increase the country’s role as a regional transport hub. Air One of the most prominent projects is Echelon Alpha. The platform analyzes passenger demand and competition between aviation hubs to assess the economics of individual routes. It has already identified around 30 promising routes that could generate additional direct or transit passenger traffic for Kazakhstan. The full list has not been made public, although its developers have cited a potential Hyderabad–Astana–Moscow connection as an example of a route modeled by the system. Kazakhstan’s favorable location between China and Europe does not automatically turn Astana and Almaty into international aviation hubs. They have to compete for transit traffic with airports in Baku and Istanbul, as well as those in the Gulf states. According to Kazakhstan’s Transport Ministry, the model processed data covering around 200 million flights over the past five years, along with approximately 170 airline reports. It also combines geomarketing data with information from open and commercial sources. Its claimed forecasting accuracy is up to 90%. “Echelon Alpha uses artificial intelligence to analyze market dynamics in real time and provide a basis for fast, accurate solutions,” said Echelon Alpha founder Rakhman Asambayev in an interview with Forbes Kazakhstan. The system assesses the commercial viability of new routes and their potential effect on the economy. Its developers estimate that the proposed network could have an annual economic impact of around $153 million, although the figure has not been independently verified. Kazakhstan is also introducing biometric Q-Gate terminals at its airports. They verify passport data against facial biometrics in 15 to 50 seconds, four to five times faster than standard checks, according to government estimates. Road Launched around two months ago, e-Joldar uses AI to track road conditions and repair spending, while also collecting data on the quality of construction materials. More than 25,000 miles of national roads have already been digitized. By the end of the year, monitoring is expected to cover the country’s entire road network of around 115,000 miles. Smart Cargo may have a more immediate effect on international freight operators. The platform combines data from 58 information systems in a single digital portal. Authorities say operators can access cargo information through a QR code. AI checks documentation and identifies the necessary permits, while the platform helps determine routes and tracks shipments. The government says Smart Cargo has increased border-crossing speeds by 30% and cut carrier waiting times by a factor of 10. These figures are based on government estimates. Rail On the rail network, digitalization is being paired with major capacity expansion as Kazakhstan pursues its transit ambitions, including through the Middle Corridor. KinetiX performs contactless diagnostics of rolling stock. Government figures indicate that it has reduced technical inspection times by 30% and manual measurements...

3 weeks ago

August 14 Blackout: Kazakhstan and Kyrgyzstan Continue to Dispute Its Cause

The blame game over Central Asia’s August 14 blackout continues. Kazakhstan’s Energy Minister Yerlan Akkenzhenov says the large-scale blackout began with the shutdown of two generating units at the Toktogul Hydroelectric Power Plant (HPP) in Kyrgyzstan. Bishkek does not dispute that the failure occurred but rejects the claim that it was the direct cause of the subsequent outages across several countries. Akkenzhenov identified the events in Kyrgyzstan as the starting point of the emergency. According to him, the initial disturbance occurred on August 14 at 2:37 p.m. Kazakhstan time, or 3:37 p.m. in Kyrgyzstan, when generating units No. 1 and No. 2 at the Toktogul HPP went offline. The loss of generation altered operating conditions in Central Asia’s interconnected power system and led to a redistribution of power flows in southern Kazakhstan. A government commission in Kazakhstan is expected to make the final determination. Kazakhstan’s grid operator KEGOC had earlier provided a more detailed chronology. At 2:37 p.m., three 500 kV transmission lines tripped, separating southern Kazakhstan and the Central Asian grid from the rest of Kazakhstan’s power system. About 2,810 MW of consumer load was temporarily cut off. KEGOC later said that immediately beforehand, two generating units at the Toktogul HPP, with a combined capacity of about 600 MW, had gone offline. The resulting changes in power flows overloaded Kazakhstan’s North–East–South transmission corridor, triggering emergency protection systems. Akkenzhenov said the protection systems had worked effectively and praised KEGOC’s response. Kazakhstan’s power system was restored in approximately 2.5 hours. Kyrgyzstan acknowledges that the two units went offline. The country’s Energy Ministry described the incident as the “initial disturbance” in the interconnected power system, but stressed that the first event in an emergency sequence cannot automatically be considered the cause of all subsequent outages. According to its account, by 3:55 p.m. Kyrgyzstan time — 2:55 p.m. in Kazakhstan — the frequency in the interconnected power system had returned to the normal 50 Hz. At that point, Kyrgyzstan was also supplying neighboring power systems with about 250 MW. Bishkek maintains that the outage affecting the Almaty power hub occurred after normal frequency had already been restored. Kyrgyz energy officials therefore consider it premature to directly attribute all subsequent events to the failure at the Toktogul HPP. The disagreement, therefore, is less about what happened first than about the causal link between the initial failure and the chain of outages that followed. Why the Regional Grid Is Vulnerable The vulnerability is rooted in the architecture of the region’s power system itself. During the Soviet period, its power plants and high-voltage transmission lines were designed to operate as a single interconnected system rather than around today’s national borders. Energy ties weakened after the collapse of the Soviet Union, but in recent years the countries have again expanded parallel operation of their power systems. Kazakhstan, Kyrgyzstan, Uzbekistan, and Tajikistan are connected through the Integrated Power System of Central Asia. Cross-border power flows are coordinated by the Energia Coordinating Dispatch Center in Tashkent. Hydropower in Kyrgyzstan and...

3 weeks ago

Final Results Give Adilet 110 Seats in Kazakhstan’s Kurultai

Kazakhstan has announced the final results of the first election to its new unicameral parliament, the Kurultai. Adilet, a party created only a few months ago, won more than 71% of the vote. Four other parties cleared the 5% threshold, while two failed to enter parliament. According to the Central Election Commission, Adilet received 6,528,948 votes, or 71.17% of the vote. Auyl came second with 6.26%, followed by Respublica with 5.56%, Aq Zhol with 5.21%, and the Nationwide Social Democratic Party (OSDP) with 5.11%. The People’s Party of Kazakhstan received 3.11%, while the green Baytaq party won 1.07%. Another 2.51% of voters selected the “against all” option. The new Kurultai has 145 seats, with all deputies elected through party lists. Under the final allocation, Adilet receives 110 seats, Auyl 10, Respublica nine, and Aq Zhol and the OSDP eight each. A total of 9.35 million people voted, putting final turnout at 74.08%, compared with 54.19% in the 2023 parliamentary elections. The regional differences were substantial: official turnout reached 92.16% in the Turkestan region, but just 43.23% in Almaty. Low turnout in Kazakhstan's largest city is not new — Almaty also recorded the country's lowest figure in 2023. In its preliminary assessment, the OSCE Office for Democratic Institutions and Human Rights described the election as technically well prepared and said opening and voting largely followed established procedures. It also cited limited political pluralism, discrepancies between observed voter activity and official turnout figures, and procedural violations during the vote count. The election was the first held under Kazakhstan’s new constitutional system. The new Constitution was approved in a referendum on March 15. It was supported by 87.15% of those who voted, with turnout at 73.12%. The document entered into force on July 1, abolishing the previous Senate-Mazhilis structure and replacing it with the 145-seat Kurultai, elected entirely through party lists. Although Adilet itself is new, the party inherited much of the structure of the country’s former dominant party, Amanat. Adilet was established at a founding congress on May 7 and registered on June 1. It is led by Aibek Dadebay, a former head of the Presidential Administration. In June, Amanat – the country’s largest political party and the successor to the ruling party of the Nursultan Nazarbayev era – voted to merge into Adilet. The merger gave the new organization an extensive regional network and much of Amanat’s party apparatus. Pre-election polling had already shown Adilet with a commanding lead. In early August, a survey by the Institute of Eurasian Integration put its support at 65.1%. For the other parties, the main uncertainty was not who would win the election, but which of them would clear the 5% threshold. The People’s Party accepted the preliminary result. Baytaq initially took a different position, alleging violations and saying it would seek to establish the “real results.” However, on August 24, Baytaq leader Azamatkhan Amirtayev said he had no confirmed evidence that would give him grounds to question the voters’ choice, canceled a planned press conference,...

3 weeks ago

Kazakhstan Updates Its Foreign Policy Concept in a More Difficult Era

President Kassym-Jomart Tokayev has approved targeted amendments to the document that sets the principles and priorities for Kazakhstan’s dealings with the outside world. The changes align the doctrine with Kazakhstan’s new constitutional order, remove its remaining provisions tied to Nazarbayev’s formal role, and come at a time when multi-vector diplomacy has become far more demanding than it was in 2020. The amendments to the Foreign Policy Concept for 2020–2030, signed on August 14, attracted attention after KazTAG reported on them. Kazinform subsequently highlighted changes concerning the protection of citizens abroad, public understanding of foreign policy and the new Kurultai. A Foreign Policy Concept is Kazakhstan’s overarching diplomatic doctrine. It sets the principles, priorities and responsibilities intended to guide state policy through 2030. The August changes are limited in length. They remove its remaining references to Nursultan Nazarbayev’s formal role, bring the document into the Kurultai era, and give the Astana International Forum formal recognition in the doctrine. Other language now attracting attention is older. Sovereignty, protection of citizens, and resilience to negative external influence were already in the 2020 document. The difference is the world in which Kazakhstan now has to apply them. From Personal Legacy to Institutional Continuity The first principle in the 2020 concept referred to continuity with the foreign policy course of the First President and Elbasy, Nursultan Nazarbayev. The new wording promises “continuity of the foreign policy course at a new stage of the country’s development.” The revised text no longer names Nazarbayev or uses the Elbasy title. The amendments also remove a provision that gave the First President a lifelong right to address the public and state bodies on major foreign policy questions. The Constitutional Law on the First President was repealed in 2023, and the concept no longer lists it among its legal foundations. This follows a process that began years ago. The special legal provisions associated with the Elbasy framework have been repealed, while Tokayev has continued to acknowledge Nazarbayev’s place in the history of independent Kazakhstan. Tokayev was also closely involved in the foreign policy he inherited. He served twice as foreign minister, as prime minister, and later as director-general of the United Nations Office at Geneva. The revised concept places foreign policy continuity on an institutional rather than personal basis. Adapting the Foreign Policy Concept to the New Constitution Kazakhstan’s new Constitution came into force on July 1, replacing the Senate and Mazhilis with a unicameral Kurultai. The first election to the 145-seat body is scheduled for August 23. The old concept described the foreign policy functions of the bicameral parliament. The amended version now identifies the Kurultai as Kazakhstan’s highest representative body exercising legislative power. Signed nine days before the election, the change places the foreign policy doctrine inside the wider constitutional transition and removes references to institutions that no longer exist. The revision also fits Tokayev’s broader effort to move Kazakhstan beyond a political system shaped by the formal privileges of its first president and towards one intended to...

3 weeks ago

Kazakh Tenge Rises as Foreign Investors Buy Government Debt

Kazakhstan’s tenge has strengthened by 9.7% against the dollar since the start of 2026, making it the best-performing currency across Europe and Asia, according to the Financial Times. The newspaper points to an influx of foreign capital into Kazakhstan’s government debt: nonresident holdings of tenge-denominated bonds have risen from roughly $2 billion to $5 billion over the past year. The appreciation has come despite serious disruptions to Kazakhstan’s oil exports through Russia. Kazakh data show that foreign interest in government securities did not begin this summer. In July alone, nonresidents increased their holdings by 92.2 billion tenge, about $195 million, to 2.6 trillion tenge, or roughly $5.5 billion. Since the start of the year, their portfolio has grown by 32.9%, while their share of the market has risen from 6.2% to 7.2%. The Association of Financiers of Kazakhstan (AFK) attributes the interest to high real interest rates and relative macroeconomic stability. Why Foreign Investors Are Buying Kazakh Debt During 2025, nonresident holdings of Kazakh government securities rose from roughly 1.1 trillion tenge, about $2.3 billion, to 2 trillion tenge, about $4.2 billion. Growth continued this year. In June alone, foreign investors added 185.1 billion tenge, about $390 million, bringing their total holdings to 2.5 trillion tenge, roughly $5.3 billion. Their share of the market increased from 6.2% to 6.9% by then. The reason for the interest is fairly straightforward: Kazakhstan offers high yields while maintaining an investment-grade credit rating. The base rate remained at 18% through the spring. The National Bank cut it to 17% in June and announced a further cut to 16.75% on July 24. Annual inflation, meanwhile, declined for a ninth consecutive month and stood at 10.3% in June. For foreign investors, the combination of high interest rates and a strengthening tenge creates an opportunity to earn both on bond yields and currency appreciation. For the tenge itself, the same transaction works in reverse: before buying a Kazakh security, a foreign investor has to acquire the national currency. In June, AFK analysts cited nonresident transactions among the factors supporting the tenge, alongside foreign-currency sales by exporters, state-controlled companies, and the National Bank. Market Access Is Becoming Easier High yields alone do not explain the growing interest. Kazakhstan is also trying to make its domestic debt market easier for international investors to access. A primary dealer system has been operating since May 4. Five banks were granted primary dealer status and are expected to support the government securities market, including buying and selling bonds in the secondary market. In April, the National Bank announced that Euroclear had begun a project to make Kazakhstan’s government bonds eligible for settlement through its international system. A direct link with the local market infrastructure is planned for 2027. For foreign investors, this would make it possible to trade Kazakh government debt through a familiar global settlement system, alongside the existing Clearstream channel. Kazakhstan is also seeking eventual inclusion of its tenge-denominated government bonds in JPMorgan’s GBI-EM, one of the main international indexes for emerging-market government...

4 weeks ago

Kyrgyzstan Sanctions Risks Reshape Business

Kyrgyzstan is stepping up action against companies that could expose its banks and wider economy to Western sanctions. On August 18, the authorities moved to forcibly liquidate another 19 legal entities, while major banks are closing the accounts of dozens of clients deemed too risky. Bishkek has not formally joined Western sanctions against Russia, but those restrictions are increasingly determining whom Kyrgyz businesses can work with and which banks they can use to move money. The names of the 19 companies have not yet been disclosed. The authorities stated that they were selected after reviewing around 40 organizations considered to pose heightened sanctions risks. This is not the first such move. In May, the authorities ordered 50 businesses to cease operations after sanctions risks were identified. Their full names were not made public either. First Deputy Chairman of the Cabinet of Ministers Daniyar Amangeldiev said at the time that Western partners provide information about suspicious companies, which Kyrgyz authorities then investigate. He warned that sanctions against Kyrgyzstan itself could disrupt international payments and access to technology. How the Pressure Built Western scrutiny of Kyrgyz companies began well before the current cleanup. In the summer of 2023, the U.S. Treasury Department sanctioned four companies registered in Kyrgyzstan: RM Design and Development, Progress Lider, GTME Tekhnologii, and Cargoline. Washington said they had supplied Russia with electronics and other restricted goods, while Cargoline had shipped millions of dollars’ worth of foreign-made aviation equipment. The focus later expanded from goods to financial networks. In January 2025, the U.S. Treasury sanctioned Keremet Bank, saying it had coordinated with Russian officials and sanctioned lender Promsvyazbank on a scheme to facilitate cross-border transfers. In practice, U.S. sanctions severely restrict a bank’s ability to deal with American companies or use the U.S. financial system. Within days of Keremet Bank’s designation, Visa restricted cards issued by the bank so that they could be used only through Keremet’s own ATMs and payment terminals. In August 2025, the United Kingdom imposed sanctions on Grinex, Tengricoin, Old Vector, and Capital Bank of Central Asia as part of a crackdown on financial and cryptocurrency networks that London said Russia was using to circumvent Western restrictions. By early 2026, however, the risk was beginning to shift from sanctions against individual Kyrgyz companies and banks to restrictions affecting the country as a whole. During a February meeting with EU Sanctions Envoy David O’Sullivan, Amangeldiev discussed financial monitoring, sanctions risks, and greater transparency in foreign trade rather than Kyrgyzstan adopting EU sanctions itself. Bishkek was effectively trying to show that it could tackle sanctions evasion without joining the EU sanctions regime. The prospect of broader measures was already worrying businesses. Askar Sydykov, head of Kyrgyzstan’s International Business Council, said reports that the EU could use its anti-circumvention mechanism against the country were causing serious concern among businesses and government agencies. Those efforts were not enough to prevent broader action. In April, the EU used its anti-circumvention mechanism against Kyrgyzstan for the first time, prohibiting exports to...

4 weeks ago

Kazakhstan Mini-Refineries Eye Russia After Rail Export Restriction Lifted

Kazakhstan has lifted a railway export restriction on petroleum products from mini-refineries. For small plants, many of which operate well below capacity, the decision restores an opportunity to sell their products outside the country. Kazakhstan Temir Zholy (KTZ), the national railway company, revoked the restriction following an August 7 decision by the country’s Chief Transport Prosecutor’s Office. The timing is notable: after a series of strikes on its refineries, Russia is facing fuel shortages and has already begun importing gasoline from abroad, including Kazakhstan. Other restrictions on fuel exports from Kazakhstan remain in force, so the KTZ decision does not fully reopen gasoline and diesel exports. Some fuels remain subject to separate bans, and exports to Russia are treated differently from shipments outside the Eurasian Economic Union. What Mini-Refineries Produce The number of mini-refineries actually operating in Kazakhstan depends on how such facilities are defined. Official documents have referred to roughly 30 small petroleum-product producers. More recent industry data provide a clearer picture: more than 30 mini-refineries are registered, with declared crude-processing capacity of about 4.5 million metric tons a year. Of these, 22 are considered operational, with a combined capacity of about 2 million tons. Actual processing is considerably lower, having increased from roughly 400,000 to 800,000 tons annually over the past five years. These are not smaller versions of Kazakhstan’s major refineries in Atyrau, Pavlodar, and Shymkent. Most mini-refineries lack equipment for deep refining, so their output is simpler. Their main products include fuel oil, heating and marine fuels, naphtha, and other distillates. In 2023, mini-refineries processed 895,000 tons of feedstock and produced 346,000 tons of fuel oil, 145,000 tons of diesel fuel, and 171,000 tons of bitumen. Much of this output was not intended for Kazakhstan’s motorists. Mini-refineries produce semi-finished products, including straight-run fuel oil with a relatively high share of light fractions that can be processed further. Their opportunities on the domestic market are also limited by product quality: Kazakhstan has required K4 and K5 motor-fuel standards since 2018, while official assessments say mini-refineries generally lack the equipment to produce fuel above the K3 standard. Restoring export opportunities could therefore have a tangible economic effect for these businesses. The plants have spare capacity but insufficient domestic demand for much of their current product range. Rail exports once again give them a way to look for buyers outside Kazakhstan. And that inevitably raises the question of Russia. Russia Is Looking Abroad for Fuel There is no direct evidence that KTZ lifted the restriction specifically because of the Russian market. Neither the Kazakh authorities nor the railway company has made such a connection. But the decision comes at a convenient time for potential Russian buyers. Ukrainian drone strikes and unplanned refinery outages have reduced Russian gasoline production and contributed to domestic shortages. Moscow has responded by restricting fuel exports and increasing imports from abroad. Russia has already turned to several suppliers. In July, Belarus shipped a record 212,000 tons of gasoline to Russia, while Moscow has also begun...

4 weeks ago

Turkmen Gas Exports to Europe Revived in Romanian Proposal

Romania has proposed reviving a long-standing project to transport Caspian natural gas to Europe through the Black Sea port of Constanța, with Turkmenistan identified as a potential supplier. The proposal was discussed on July 29 during a meeting between Turkmenistan’s ambassador to Romania, Annamammet Annayev, and Mihai Daraban, president of the Romanian Chamber of Commerce and Industry. Daraban called for renewed consideration of the Azerbaijan–Georgia–Romania Interconnector, known as AGRI. The project envisages transporting gas to Georgia’s Black Sea coast, converting it into liquefied natural gas, and shipping it to a terminal at Constanța for onward delivery through Romania’s gas network. Originally developed to carry Azerbaijani gas, AGRI was established by companies from Azerbaijan, Georgia, Romania, and Hungary. A feasibility study was approved in 2015, but the project has made little visible progress since then. According to the Romanian publication Capital, Daraban suggested that gas from Turkmenistan could reach Europe through infrastructure in Azerbaijan and Georgia before entering Romania’s network and the BRUA pipeline, which connects Romania and Hungary. No agreement was announced, however, and significant questions remain over how Turkmen gas would cross the Caspian Sea. The proposed Trans-Caspian Gas Pipeline has been discussed for decades but has yet to be built because of Russian and Iranian opposition and uncertainty over who would finance the project and commit to buying the gas. The meeting also covered closer cooperation between the ports of Turkmenbashi and Constanța. Annayev proposed establishing a regional distribution center at Constanța for Turkmen products, while the two sides discussed maritime transport and container logistics. Constanța is Romania’s largest seaport, and Bucharest has sought to position it as a European terminus for the Middle Corridor, the trade route linking Central Asia with Europe through the Caspian Sea and the South Caucasus. The Times of Central Asia previously reported that Turkmenistan and Azerbaijan have expanded cooperation in transport, logistics, and energy. Improved links between their Caspian ports could support growing cargo traffic, although a separate and substantially more expensive infrastructure project would be required to export Turkmen gas through the AGRI route.

1 month ago

UNESCO Adds Mangystau Rock Mosques to World Heritage List

UNESCO has inscribed the Rock Mosques and Associated Sacred Sites of Mangystau on its World Heritage List, following a decision adopted during the 48th session of the World Heritage Committee in Busan, South Korea, Kazakhstan’s Ministry of Culture and Information said. The same session also inscribed Tashkent Modernist Architecture, giving Central Asia two new cultural inscriptions. The serial property, located on the Mangystau Peninsula bordering the Caspian Sea, comprises five sacred complexes: Beket-Ata, Shopan-Ata, Karaman-Ata, Shakpak-Ata, and Sultan-Epe. According to the World Heritage Committee, the site represents an outstanding sacred landscape shaped by centuries of interaction between Sufi spiritual traditions and the culture of the region’s nomadic communities. Each complex combines rock-cut mosques, historic necropolises, burial sites of revered Sufi figures, pilgrimage routes, sacred wells, and other religious monuments. The inscription makes the Mangystau complexes Kazakhstan’s seventh World Heritage property. The country’s previously inscribed sites are the Mausoleum of Khoja Ahmed Yasawi, the Petroglyphs of the Archaeological Landscape of Tanbaly, Saryarka – Steppe and Lakes of Northern Kazakhstan, the Kazakh section of the transnational Silk Roads: the Routes Network of Chang’an-Tianshan Corridor, the transboundary Western Tien-Shan site, and the Cold Winter Deserts of Turan, shared with Turkmenistan and Uzbekistan. The rock mosques remain active pilgrimage destinations where the centuries-old institution of the shyrakshy, or custodians of sacred sites, continues to play an important role. All five complexes are protected by the state and are included in Kazakhstan’s national register of historical and cultural monuments. An Integrated Management Plan for 2027–2032 covers conservation, landscape protection, visitor management, disaster risk management, and research. UNESCO’s conservation recommendations also call for Kazakhstan to reassess the use of cement mortar and other modern materials, strengthen monitoring of tourism and disaster risks, and preserve the secluded character of the sites. The Times of Central Asia previously reported that Zharkent Mosque and the Ascension Cathedral in Almaty had been added to UNESCO’s Tentative World Heritage List, expanding the pipeline of Kazakh sites that could be considered for future inscription.

2 months ago