• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00218 0%
  • TJS/USD = 0.10610 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00218 0%
  • TJS/USD = 0.10610 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00218 0%
  • TJS/USD = 0.10610 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00218 0%
  • TJS/USD = 0.10610 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00218 0%
  • TJS/USD = 0.10610 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00218 0%
  • TJS/USD = 0.10610 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00218 0%
  • TJS/USD = 0.10610 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00218 0%
  • TJS/USD = 0.10610 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%

Kazakhstan Plans More Oil, Gas Cooperation with Uzbekistan, Minister Says

Kazakhstan is looking to deepen energy cooperation with Uzbekistan, with several joint projects already moving into the implementation stage, Energy Minister Yerlan Akkenzhenov said on the sidelines of the RES 2026 regional environmental summit in Astana, according to BAQ.KZ.

“Exchange of experience and mutual assistance help us solve practical tasks,” Akkenzhenov said. “We are actively cooperating with our partners not only in the energy sector, but across all areas of the economy.”

The minister noted that discussions with Uzbekistan cover a number of large-scale initiatives, particularly in petrochemicals and oil refining. “We have many joint projects with Uzbekistan. A recent presidential visit included discussions on numerous initiatives, including the development of the petrochemical industry and the expansion of oil processing,” he said.

Cooperation is also expanding in energy transit and supply. Akkenzhenov said the two countries are working closely on the transit of Russian gas to Uzbekistan, as well as supplies of Russian oil. “We are also considering the possibility of exporting Kazakh products, including crude oil and petroleum products, to Uzbekistan,” he added.

According to him, several of these initiatives have already reached the implementation stage. “Many projects are already in practical phases. Overall, we have built very close cooperation with our Uzbek partners,” he said.

Last year, Kazakhstan’s Energy Ministry confirmed that a six-month ban on fuel exports remained in force, halting gasoline shipments to neighboring countries, including Uzbekistan.

At the same time, international developments may affect regional supply routes. According to Reuters, Russia plans to halt the transit of Kazakh oil to Germany via the Druzhba pipeline starting May 1. The decision is expected to impact deliveries to the PCK refinery in Schwedt, a key supplier for Berlin and Brandenburg.

Despite these changes, German officials have said alternative supply routes will be used and that fuel availability will not be affected.

Regional Ecological Summit in Astana Produces Ecology Declaration and Broader Regional Agenda

Central Asian leaders have adopted the Astana declaration on ecology and sustainable development, giving the Regional Ecological Summit in Astana a formal political outcome while a wider package of biodiversity, climate, and pollution initiatives takes shape around it. Kazakhstan’s environment ministry says the five heads of state adopted the document, titled “Ecological Solidarity of Central Asia,” during the April 22 to 24 Summit.

The declaration sets out a common regional position on several of Central Asia’s biggest environmental pressures. According to the ministry summary, the text calls for closer coordination in climate negotiations, glacier preservation, the mountain agenda, biodiversity, chemical and waste management, plastic pollution, air quality, land degradation, and desertification. It also presents the declaration as a contribution to ecological sustainability, inclusive economic growth, and a sustainable future for the region.

Water runs through the document, but the language is careful. The declaration welcomes work on an interstate program to conserve the Caspian Sea and expresses concern about declining water levels and the shallowing of lakes in Central Asia. It also notes Kazakhstan’s proposal for a possible International Water Organization within the United Nations system, but stops short of endorsing its creation.

The summit’s outcome does not rest on a single document. On April 24, the United Nations Environment Programme said the Astana meeting had launched new regional partnerships on circular economy and glaciers, while countries established common approaches on biodiversity, climate action, and air pollution. UNEP also said a regional climate and ecology investment portfolio was set up to widen access to international finance for environmental projects.

A separate biodiversity track had already produced its own result earlier in the week. On April 22, UNDP in Kazakhstan said Central Asian countries had signed a regional declaration on biodiversity conservation during a high-level plenary session in Astana. According to UNDP, the document envisages an umbrella programme and action plan, as well as a regional resource mobilization plan to be presented at COP17 in Armenia.

Outside confirmation of the main declaration has also become clearer. EFE reported on April 22 that the five Central Asian republics had approved the Astana Declaration of Ecological Solidarity, linking it to Tokayev’s focus on water security, the Aral Sea, and the Caspian. Put together, the Astana summit now looks like a broader regional attempt to turn shared ecological pressure into a workable political agenda. The summit’s next test will be whether these declarations and partnerships are followed by funding, coordination, and cross-border implementation.

Kazakhstan’s Ruslan Kurbanov on Reaching the World Fencing Elite

Ruslan Kurbanov is a Kazakhstani épée fencer, a Master of Sport of International Class in Kazakhstan, a World Cup medalist, a two-time World Championships bronze medalist, and a two-time Olympian. He began his journey in a children’s fencing club in Ust-Kamenogorsk and has since risen to fourth in the world rankings.

Today, he competes on the biggest stages, where a single touch can decide the outcome of a bout and the pressure from the stands can be overwhelming. In an interview with The Times of Central Asia, he explains how he handles that pressure, maintains focus amid crowd noise, and stays in control when everything is at stake.

TCA: Congratulations, you’ve already won two World Cup medals this year, gold and silver. That’s an impressive result.

Ruslan: Thank you. I’m pleased with these medals because, in reality, very few athletes can deliver consistent results across two consecutive competitions.

TCA: How did you manage it?

Ruslan: With experience, you gradually learn more about your body and how to prepare for competitions. You also become more familiar with the fencing world, you get to know many athletes, understand their strengths and weaknesses, study them, and prepare accordingly. Over time, you mature as an athlete and become more consistent. You develop a clear understanding of the level of results you are capable of.

@kazfencing.kz

TCA: You won silver in Astana. Do home conditions give you an advantage?

Ruslan: There are two sides to that. On the one hand, the advantages are obvious: you’re at home, with familiar food, climate, and time zone, all of which help you prepare in a comfortable environment. On the other hand, there is pressure. When you compete at home, people expect you to deliver your best result.

TCA: So winning a medal was a must?

Ruslan: Of course. But I also had another goal. This was the first World Cup event held in Kazakhstan, and I understood that many local spectators would attend, perhaps seeing fencing for the first time. First impressions are crucial. People either fall in love with the sport or they don’t. For me, it was important to present fencing at its best, dynamic, exciting, and worthy.

Maybe “present” is too strong a word, but I wanted people, especially children, to feel inspired, to have that spark. When kids see victories and the emotions athletes experience afterward, they start thinking, “I want that too,” and they come into the sport.

TCA: Do you think you managed to inspire them?

Ruslan: I hope so. After the final, when I stepped off the piste, many children came up to me, and parents asked for photos and autographs. It’s very rewarding to see that it resonated with someone and may have stayed with them.

TCA: You were ranked seventh in the world?

Ruslan: Now I’m fourth. After the tournament in Astana, I moved up to fourth place.

TCA: In the final, you lost only to Ukraine’s Roman Svichkar. Do they have a particularly strong school?

Ruslan: In épée, the level of competition is extremely high overall. Honestly, the entire top 100 in the world rankings consists of athletes who could potentially take first place. The level is so close that every bout is essentially 50-50, you can win or lose. Most victories come with minimal margins, 15:13, 15:12, 15:14. In fencing, it’s common for even a single touch to decide the outcome.

Ultimately, the winner is the one who is better prepared on that specific day, physically and mentally. This time, I lost by two touches, but we met last July at the World Championships, and I won by one touch. In other matches, the outcome could shift again.

TCA: Is that because you’re all at roughly the same level?

Ruslan: Yes, you could say that. It’s like two identical cars, say, two Ferraris. They’re equal in capability, but at a given moment one wins and the other loses. It comes down to nuances, condition, focus, internal factors.

TCA: You’re now ranked fourth, who are the top three? Where are the strongest fencers from?

Ruslan: First place is held by an Egyptian, second by a Hungarian, and third by a Japanese fencer. In terms of schools, it’s important to note that fencing has three disciplines: épée, sabre, and foil. I specialize in épée, where competition is particularly intense. Traditionally, the strongest countries in épée include Japan, Hungary, France, Italy, South Korea, and China. For example, at the upcoming Grand Prix in Budapest, there will be around 350 participants. Imagine 350 athletes competing for just three podium spots.

TCA: Some people consider fencing a “retro sport.” Is that a misconception?

Ruslan: Absolutely. Fencing is not a retro sport, it’s one of the oldest sports, but also one of the original Olympic disciplines, included since 1896. It is highly developed worldwide, in Europe, the Americas, and Asia, and continues to grow. For example, in Hong Kong, if I’m not mistaken, it is actually the number one sport.

TCA: Does Kazakhstan have its own fencing style?

Ruslan: Yes, definitely. We’ve always had a solid foundation, but with the arrival of new coaches, it has evolved into a mix of several major schools. From 2019 to 2024, we worked with Hungarian coach Ferenc Tóth, who brought in the best elements of the Hungarian school, one of the strongest in the world.

Hungary consistently wins Olympic medals; for example, they won gold in Paris. Fencing is very popular there, almost like boxing is in Kazakhstan. In Budapest alone, there are about 15 fencing halls, despite the city being slightly smaller than Almaty. Tóth gave us a strong foundation, and you could say we developed a Kazakh-Hungarian school.

TCA: And who is your coach now?

Ruslan: Currently, we’re working with Oleksandr Horbachuk from Ukraine. I consider him one of the best coaches in the world, if not the best. He coached Japan’s national team for 15 years and led them to top results, they were number one in both team and individual rankings and became Olympic champions.

His style is very effective: once you apply what he teaches, you see that it works. He trains us to create situations where the opponent makes mistakes, to set traps, and to gain a tactical advantage. His approach combines elements of Ukrainian and Japanese schools.

TCA: Taking the best from different cultures, that’s a very Kazakh approach, isn’t it?

Ruslan: Yes, exactly. Right now, we have a mix: a Kazakh base, Hungarian school, and the Ukrainian-Japanese approach from our current coach. We also train internationally, with European and Asian teams, including very strong Japanese athletes. We observe, learn, and take the best from everyone. It results in a universal style, much like our country, shaped by many influences.

TCA: How culturally close is fencing to Kazakhstan?

Ruslan: Our batyrs also fought with blades, so in that sense, it’s very close. Combat with bladed weapons exists in many cultures in one form or another.

TCA: What competitions stand out most in your career?

Ruslan: Recently, the Paris 2024 Olympics. They were held at the Grand Palais, a historic building in the city center with incredible architecture. The training and competition areas were separate. You don’t immediately step onto the piste, you arrive, warm up for about two hours, prepare, and only then compete.

TCA: So you don’t even see the arena beforehand?

Ruslan: Exactly. We stay in the warm-up zone, then are taken to the call room about 15 minutes before the bout. It’s a special room where athletes wait before entering, almost like gladiators before the arena.

TCA: Does the duel begin there?

Ruslan: Yes. You sit opposite your opponent, and the tension builds. You might exchange glances or even words. It becomes a mental battle. It’s crucial to maintain balance; keep the competitive aggression but remain internally calm.

TCA: What if there’s a delay?

Ruslan: It’s difficult. Your body cools down, adrenaline drops, and there’s a risk of burnout. You try to stay active, stretching, jumping but the tension remains.

TCA: What happens when you finally enter the arena?

Ruslan: When I stepped onto the piste, I saw the venue for the first time, huge, dimly lit, with bright lights focused on the strip. Then I saw the stands, massive, filled with people. I had never seen anything like it.

TCA: And you were fencing a French opponent on his home ground?

Ruslan: Yes, and he was the reigning Olympic champion from Tokyo. Everyone expected him to win again. The entire arena was cheering: “France! France!” There was incredible noise. And then there was me, a guy from Kazakhstan, with maybe 50 people shouting “Kazakhstan!”

TCA: Did that support help?

Ruslan: It did but it could also distract. I heard our fans, looked for them, saw the blue flags, got goosebumps, and realized my focus was drifting. I was thinking about the atmosphere instead of the bout.

TCA: How did you regain control?

Ruslan: I lowered my gaze and forced myself to focus only on the fight, on my opponent and what was happening in that moment.

TCA: Your success has become more visible in recent years, but this has been a long journey, right?

Ruslan: Very long. I lost at many World Championships before winning bronze in Milan in 2023. Without the right environment, it’s hard to endure that path. I always tell young athletes: surround yourself with people who support you. Otherwise, after repeated losses, you might start believing it’s not your path.

@kazfencing.kz

TCA: Did you ever feel that way?

Ruslan: All the time. Even after Paris, I thought about quitting. But when you have the right people around you, they remind you of what you’ve achieved and keep you going.

TCA: So it’s not just about character, but also about support?

Ruslan: Absolutely, especially family. People only see the results, but at home it’s different: emotional swings, intense training, six to seven hours a day, after which you’re completely exhausted. My wife, Yulia, is essentially my main support. She helps me get through difficult periods.

TCA: Do all athletes go through this?

Ruslan: Yes. After the 2023 World Championships, I went about a year and a half without individual medals. But I was focused on helping the team qualify for the Olympics. You have to understand that it’s part of the process, analyze mistakes and keep working.

TCA: Did your success help bring the World Cup to Astana?

Ruslan: It was a collective effort, the government, the federation, and the athletes. Our results helped.

TCA: Has the state increased support for fencing?

Ruslan: Yes. After strong results, World Championship bronze and Olympic qualification fencing was included among priority sports through 2028. Funding has increased for regional development, national teams, and athlete support. More athletes can now travel to competitions, and salaries for young athletes have risen.

TCA: What are the prospects for fencing in Kazakhstan?

Ruslan: I believe things will improve. Participation will grow, more training facilities will open, and support will continue. I’m confident we will win Olympic medals, which will give the sport a major boost.

Kazakhstan Launches QaJET Investment Platform for Just Energy Transition

Kazakhstan has announced the launch of the QaJET (Just Energy Transition) investment platform, supported by the European Bank for Reconstruction and Development (EBRD), to attract international financing and accelerate the decarbonization of its economy.

A corresponding memorandum was signed on April 23 during the Regional Environmental Summit in Astana. Signatories included Energy Minister Yerlan Akkenzhenov, Minister of Ecology and Natural Resources Yerlan Nysanbayev, and EBRD Managing Director for Central Asia and Mongolia Hüseyin Özhan.

The QaJET platform reflects Kazakhstan’s ambition to accelerate the transition to clean energy through a large-scale expansion of renewable energy capacity. According to current plans, the country aims to commission 10 GW of new green capacity by 2035.

According to EBRD estimates, achieving these targets will require approximately $20 billion in investment from both public and private sources. This is expected to reduce greenhouse gas emissions by more than 20 million tonnes annually, equivalent to roughly 7% of the country’s energy-related emissions.

The creation of the platform is of strategic importance for Kazakhstan, whose economy remains highly carbon-intensive and heavily dependent on coal-fired power generation.

At the request of the Kazakh government, the EBRD participated in developing the QaJET concept and will continue to coordinate its implementation with national and international partners.

The platform is also intended to support Kazakhstan’s international climate commitments, including achieving carbon neutrality by 2060 and reducing greenhouse gas emissions by up to 25% by 2030 compared to 1990 levels.

QaJET is expected not only to reduce emissions but also to strengthen energy security, enhance economic competitiveness, and promote the development of local high-tech manufacturing in the renewable energy sector.

Key areas of cooperation within the platform include expanding renewable energy capacity, modernizing power grids and energy storage systems, electrifying businesses and households, and supporting a just transition, technology transfer, and the development of research and innovation capacity.

Authorities expect QaJET to become the central mechanism for coordinating climate finance, bringing together international financial institutions, donors, private investors, and the government to accelerate Kazakhstan’s energy transition.

EU Removes Three Tajik Banks from Sanctions List

The European Union has removed three financial institutions in Tajikistan from its sanctions list. The decision was adopted on April 23, as part of the EU’s 20th sanctions package, according to the National Bank of Tajikistan.

The move concerns Spitamen Bank, Dushanbe City Bank, and Commercebank of Tajikistan, which had previously been subject to restrictions introduced on November 12, 2025.

“As a result of productive dialogue and cooperation between the relevant authorities of the Republic of Tajikistan and European partners, a favorable basis has been created for reviewing previously imposed restrictions,” the National Bank said.

The National Bank also noted that the decision reflects strengthened cooperation between the regulator, government ministries, and the European Commission, as well as the consistent implementation of international compliance standards and improvements in anti-money laundering systems.

“The adoption of this decision is viewed as a direct result of expanded cooperation with the European Commission, the consistent implementation of international compliance standards, and the strengthening of mechanisms to combat money laundering,” the statement said.

The regulator believes the move will provide a strong boost to the development of the banking sector, increase investor confidence, and expand financial services in the country.

The sanctions against the three Tajik banks had originally been introduced under the EU’s 19th package of restrictions against Russia. According to the Council of the EU, the measures included a ban on transactions with certain banks and companies from third countries suspected of facilitating sanctions circumvention.

At the time, Brussels considered these institutions potential channels for bypassing restrictions imposed on Russia. The list also included financial entities from Kyrgyzstan, Kazakhstan, the United Arab Emirates, Hong Kong, China, and India.

However, specific cases or transaction volumes that led to the sanctions were not disclosed. The wording remained general, referring to “assistance in sanctions circumvention” and “support for the Russian economy.”

In response, Tajik authorities worked to secure the removal of the restrictions, providing additional guarantees and information to the EU demonstrating that the banks’ financial operations comply with international standards.

For its part, the EU showed readiness to reconsider the measures, taking into account changes in the banks’ financial practices and Tajikistan’s efforts to strengthen domestic financial regulation.

EU Sanctions Put Kyrgyzstan’s Transit Trade Under Scrutiny

The European Union has stepped up sanctions pressure on Kyrgyzstan by restricting supplies of sensitive technologies and imposing measures on the country’s financial institutions. The decision, adopted as part of the EU’s 20th sanctions package against Russia, reflects growing concerns in Brussels that the Central Asian republic may be used as a transit hub to circumvent restrictions.

The move marks a shift in the EU’s approach, from diplomatic warnings to tighter controls on trade and financial channels in third countries.

A key argument for Brussels has been trade data. According to European Commission materials, imports of sensitive goods from the EU to Kyrgyzstan surged by nearly 800% in 2025 compared to pre-war levels. Meanwhile, exports of similar goods from Kyrgyzstan to Russia rose by approximately 1,200%. European officials say this dynamic indicates a systemic pattern of re-exports.

As a result, the EU has added Kyrgyzstan to its list of countries posing a “systematic and persistent” risk of sanctions circumvention, a designation previously applied only selectively.

The restrictions primarily target dual-use goods. These include metalworking machinery and numerically controlled equipment, as well as a wide range of telecommunications devices, from routers and modems to data, voice, and image transmission equipment. According to the EU, these categories present the highest risk of being used by Russia’s defense-industrial complex.

European exporters will face tougher checks to show that sensitive goods are not likely to be re-exported to Russia. This creates an additional administrative barrier and raises risks for businesses. For many companies, the effect is a ‘presumption of guilt’ regime around trade with Kyrgyzstan.

The sanctions package also affects the country’s financial system. Keremet Bank and Capital Bank have been included in the restrictions, which are set to take effect in May 2026.

Particular attention has been paid to the cryptocurrency sector. The EU has sanctioned TengriCoin, a Bishkek-registered entity linked to the Meer platform, which European regulators say facilitated trading in a stablecoin affiliated with Russia’s Promsvyazbank. This move signals the EU’s expanding sanctions policy into digital financial instruments increasingly used to bypass traditional restrictions.

Additional measures affect the transport sector. Several Kyrgyz logistics companies have been restricted from accessing European infrastructure, including ports and transport networks. This is likely to increase shipping costs and complicate foreign trade operations, putting additional pressure on export-oriented businesses.

Analysts also warn of a potential shortage of European industrial equipment on the Kyrgyz market. The risk of secondary sanctions may lead EU suppliers to withdraw even from legitimate transactions.

The tightening of sanctions comes amid intensified foreign policy engagement by Kyrgyzstan. On the day the package was approved, President Sadyr Japarov reaffirmed a strategic partnership with Vladimir Putin during a visit to Moscow. At the same time, Bishkek is strengthening cooperation within the Shanghai Cooperation Organization (SCO), preparing to host a summit and receive high-level delegations, including Chinese Defense Minister Dong Jun.

Kyrgyz authorities have previously criticized EU sanctions policy. Japarov has described it as unjustified and as pressure that hampers economic development. Despite a series of consultations with the EU, including visits by the bloc’s sanctions envoy, Brussels concluded that the measures taken were insufficient.

For Kyrgyzstan, the EU’s decision represents not only increased external pressure but also a need to reconsider an economic model partly built on transit trade. The decision leaves Bishkek with a harder choice: preserve the benefits of transit trade, or risk becoming a more regular target of Western sanctions enforcement.