• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10640 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10640 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10640 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10640 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10640 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10640 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10640 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10640 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%

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

Central Asia’s Climate Risks Could Cost Up to 130% of GDP by 2080

By 2080, climate change is expected to have a profound impact on the economies of Central Asian countries, with potential losses ranging from 20% to 130% of GDP. The most severe effects are projected for mountainous nations. These estimates were presented at a CAREC technology forum by Iskandar Abdullaev, a senior research fellow at the International Water Management Institute in Uzbekistan. According to Abdullaev, climate change is no longer solely an environmental issue but an increasingly significant economic factor. Key risks include droughts and water scarcity, floods, heatwaves, and glacier melt. The projected economic impact varies across the region. Tajikistan could face losses of between 80% and 130% of GDP, Kyrgyzstan 70% to 120%, Kazakhstan 40% to 80%, Uzbekistan 30% to 45%, and Turkmenistan 20% to 60%. Abdullaev emphasized that mountainous countries – Tajikistan and Kyrgyzstan – are particularly vulnerable, as climate change directly affects water resources. Glacier melt reduces river flows, creating challenges for both energy production and water supply. Droughts and extreme heat are already placing pressure on agriculture, with declining crop yields and reduced pasture productivity. Without adaptation measures, the region’s long-term sustainability could be at risk. Experts stress that mitigation and adaptation efforts are essential to reduce these risks. These include modernizing irrigation systems, adopting climate-resilient agricultural technologies, and expanding renewable energy capacity. This is not the only warning. According to the World Bank, natural disasters are already causing significant economic damage in Central Asia.  Losses from extreme events, including floods and earthquakes, can reach up to 6% of GDP, with earthquakes alone accounting for up to $2 billion in damages. At the same time, countries in the region face substantial financing gaps following major disasters. In Tajikistan, this gap could reach up to $1.5 billion. Experts warn that climate change is likely to intensify these risks, further increasing the economic burden on the region.

1 week ago

Turkmenistan Fuel Duties Force Truck Drivers to Dump Diesel

Since early April, Turkmenistan has imposed restrictions limiting the amount of fuel in the tanks of trucks leaving the country to no more than 300 liters. Any excess fuel may be retained only upon payment of a duty of $5.72 per liter, about 20 times higher than the official domestic price. Faced with these costs, many drivers have opted to dispose of surplus diesel instead. On April 5, turkmen.news posted a video on its Telegram channel showing foreign truck drivers dumping large quantities of diesel directly onto the ground. According to the outlet, the practice is a response to the country’s fuel regulations. Foreign truck drivers are required to pay the duty in U.S. dollars at the official exchange rate, rather than in the local currency. As a result, each additional liter effectively costs about $5.70. By comparison, diesel prices in Hong Kong, often cited among the highest globally, are nearly $2 lower per liter. In Kazakhstan, diesel costs approximately $0.70 per liter, while in Uzbekistan it is around $1. Within Turkmenistan, domestic fuel prices remain heavily subsidized at roughly $0.05 per liter. Only citizens of Turkmenistan are permitted to pay the duty in the national currency, the Turkmen manat. All others must pay in dollars, which are then converted into manats at the official exchange rate of 3.5 manats per dollar. Experienced drivers transiting Turkmenistan typically obtain manats in advance for local expenses. In this case, however, the requirement to pay in foreign currency appears to serve an additional fiscal purpose. As a result, rather than preventing fuel shortages, the policy has caused environmental damage, with significant quantities of diesel dumped onto the soil. Turkmenistan drivers are also reported to engage in similar practices, particularly those traveling to or through Kazakhstan, where refueling is cheaper than paying approximately $1 per excess liter at home. The impact is not limited to environmental concerns. Freight carriers operating within Turkmenistan have already begun increasing logistics prices, reflecting the added costs associated with the new regulations.

1 week ago

Pilots for Turkmenistan Airlines to Be Trained in Turkey

Turkmenistan Airlines has announced a recruitment campaign for candidates to study aviation at the Turkish Aeronautical Association University. The four-year program will be funded by the airline. Selection will be conducted on a competitive basis. Applicants must be male, under the age of 25, hold Turkmen citizenship, and have completed secondary education. Additional requirements include passing a medical examination at the Ashgabat Airport Medical Center and holding a valid military ID. The admission process consists of several stages. Candidates first undergo an initial interview with airline representatives, followed by entrance exams and an interview with representatives of the Turkish university. In the final stage, applicants must pass a medical examination in Ankara. The airline will cover tuition fees, dormitory accommodation, and travel costs, including flights to Ankara at the start of the academic year and return travel to Ashgabat upon completion of the program. However, students will be responsible for certain expenses, including visa fees, health insurance, meals, communication, and local transportation. Upon graduation, participants are required to work for the airline for ten years. Limited Progress in Air Connectivity Despite this initiative, Turkmenistan’s broader aviation sector continues to face challenges. No new international routes have been launched, and several previously announced flights have yet to begin operations. Plans to expand the country’s international air connectivity have been discussed for years, but tangible progress remains limited.

2 weeks ago

Kazakhstan’s Foreign Minister Visits Caucasus to Expand Trade and Transit Ties

Kazakhstan’s Foreign Minister, Yermek Kosherbayev, conducted a diplomatic tour of the South Caucasus, Armenia, Azerbaijan, and Georgia, as part of Astana’s efforts to strengthen trade and economic ties, expand investment cooperation, and develop key transit routes between Central Asia and Europe. Armenia: Trade, Investment, and Digitalization In Yerevan, Kosherbayev held meetings with Prime Minister Nikol Pashinyan, President Vahagn Khachaturyan, and Foreign Minister Ararat Mirzoyan. He conveyed greetings from Kazakh President Kassym-Jomart Tokayev and highlighted the high level of bilateral cooperation. “Thanks to the efforts of the leaders, bilateral relations between Kazakhstan and Armenia have reached a qualitatively new level,” Kosherbayev said. He noted that the evolving geopolitical situation creates new opportunities for both economies. Kazakhstan reaffirmed its interest in long-term supplies of agricultural products, including grain and meat, as well as in expanding transport links and launching direct flights. The two sides discussed the implementation of the Roadmap for Trade and Economic Cooperation for 2026-2030. More than 100 enterprises with Kazakh capital are registered in Armenia, while over 400 Armenian companies operate in Kazakhstan, indicating growing business activity. Artificial intelligence, digitalization, nuclear energy, pharmaceuticals, higher education, and healthcare were identified as priority areas for cooperation. Particular attention was given to the establishment of a branch of the TUMO educational center in Astana. Azerbaijan: Energy and Transport Corridors In Azerbaijan, Kosherbayev met with President Ilham Aliyev and Foreign Minister Jeyhun Bayramov. Discussions focused on strengthening allied relations and expanding cooperation in energy, industry, and logistics. “Kazakh-Azerbaijani relations are characterized by steady and progressive development and possess significant potential. We express our firm commitment to further strengthening our alliance with brotherly Azerbaijan,” the minister said. Bilateral trade has increased sharply over the past five years, reaching $470.7 million in 2025. The two sides agreed to work toward raising this figure to $1 billion. Particular attention was paid to the development of the Trans-Caspian International Transport Route, a key element in diversifying Kazakhstan’s export routes. For Astana, Azerbaijan is the pivotal Caspian link in the westward corridor connecting Kazakhstan to the South Caucasus and on to European markets. The parties also discussed projects to lay a fiber-optic communication line and a subsea power cable across the Caspian Sea to strengthen regional energy and digital connectivity. These projects fit a broader strategy to connect Central Asian energy and data infrastructure more closely with Azerbaijan and, through it, with Europe. In addition, both sides highlighted opportunities to expand the transit of Kazakh energy resources through Azerbaijani territory, alongside growing cultural, humanitarian, and educational exchanges. Georgia: Investment and a Logistics Hub The final stop was Georgia, where the minister met with President Mikheil Kavelashvili and Foreign Minister Maka Bochorishvili. “Kazakhstan views Georgia as a reliable political and economic partner in the South Caucasus,” Kosherbayev said. The officials noted positive momentum in economic cooperation. Kazakh investment in Georgia has exceeded $600 million, with companies active in logistics, energy, and finance. Georgia’s importance to Kazakhstan lies not only in bilateral trade and investment, but in its role as...

2 weeks ago

Construction Begins in Kazakhstan on a World-Class Film Studio for a Movie Starring Jackie Chan

A project has been launched in Kazakhstan’s Almaty region that could significantly transform the local film industry. Construction has begun in the city of Kaskelen on the “Dala Stage” film studio project, which is positioned as a world-class facility and is being developed with the participation of international partners. According to local authorities, one of the most notable moments at the project’s groundbreaking ceremony was the delivery of a time capsule from Jackie Chan, which was transported by helicopter. The capsule was received by director Robert Koon, who is set to work on the first production at the new site, Armor of God 4: Ultimatum. “The film industry is developing rapidly, requiring increasingly large-scale solutions and advanced technologies. This new project will allow local professionals to compete at a global level,” said Almaty Region Akim Marat Sultangaziev. Producer Li Chiu Wa conveyed greetings from Jackie Chan and said the project is progressing quickly. He said that just six months ago it was still at the discussion stage, but construction has already begun. The key parameters of the future facility have already been outlined. The total site will cover 15 hectares, with built-up space of 3,000 square meters. The project extends beyond the construction of a film studio and is intended to support the development of the national film industry, including training specialists and attracting investment.

2 weeks ago