• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10895 -0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10895 -0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10895 -0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10895 -0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10895 -0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10895 -0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10895 -0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10895 -0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
15 December 2025

Kazakhstan and South Korea: “A Golden Bridge of Friendship”

The President of Kazakhstan, Kassym-Jomart Tokayev, held talks with the President of South Korea, Yoon Suk Yeol. According to Tokayev, Seoul is one of Astana’s most important strategic partners in the Asia-Pacific region. Korea ranks fourth in foreign trade turnover, and is among Kazakhstan’s top ten largest foreign investors. South Korea has become a true economic and technological locomotive on a global scale, Tokayev stated. World-renowned Korean corporations seriously support promoting the country’s position in the international arena as a “key global state.”

Kazakhstan and Korea have achieved a high level of political dialog, establishing fruitful economic cooperation and strong humanitarian ties. The two countries interact in various spheres, including inter-parliamentary, inter-governmental, and inter-departmental contacts. According to Tokayev, regular contact between businessmen of the two countries plays a very important role in building close ties.

More than 700 companies with South Korean capital successfully operate in Kazakhstan.

“The 120,000 ethnic Koreans in Kazakhstan fulfill an important role and make an invaluable contribution to strengthening our relations. In turn, more than a thousand Kazakh students studying in Korea are a ‘golden bridge of friendship’ between our countries,” Tokayev stated.

During the talks, the presidents discussed prospects for bilateral cooperation in energy, infrastructure and industry, engineering, trade, transport and logistics, digitization and the aerospace industry, the financial sector, education, healthcare and pharmaceuticals, tourism and culture, ecology, and other fields.

Kazakhstan’s National Railway Carrier Under Threat of Default

The Chairman of the Supreme Audit Chamber (SAC), Alikhan Smailov, has discussed the possible default of national rail carrier, Kazakhstan Temir Zholy (KTZ). According to Smailov, the company cannot currently fulfill its obligations.

“The company is in the ‘red’ zone of credit risk. At the beginning of 2024, its debt amounted to 2.9 trillion tenge ($6 billion) and continues to grow; 45%, or 1.3 trillion tenge ($2 billion), of the total debt is aimed at refinancing previously assumed debt obligations,” said Smailov, answering questions from deputies.

According to Smailov, Samruk-Kazyna JSC’s existing corporate governance methods and development strategy, which include KTZ, are not able to prevent the crisis the country’s national railway company is facing.

“Further deterioration of assets, the build-up of debts, and the inability to service them without fundamental management changes will lead to the default of KTZh,” Smailov stated.

A large amount of budget funds has been spent on developing the railway industry over the past four years, but it has not been enough. The money invested has yet to meet the nation’s needs for freight and passenger transportation, Smailov emphasized.

Kyrgyzstan Introduces Temporary Ban on Deputies’ International Travel

Deputies of the Jogorku Kenesh have been restricted from taking foreign trips until the summer vacation. Speaker Nurlanbek Shakiev announced this at a parliamentary session, 24.kg reports. According to him, the deputies must hold five more plenary sessions before the recess.

“There are many bills important for the fate of the country and the population. We must have time to consider them. Therefore, I ask you to participate in the Parliament sessions actively. Foreign travel has been restricted since Monday, except for several important events. We will not go anywhere. We are actively working for three weeks,” Shakiev said.

The Kyrgyz parliament goes on summer vacation on July 1st, and deputies will return to work on September 1st.

Kyrgyzstan’s Eco-Activists Question Official Data on Rare Animals

According to the state gold mining company Kumtor,  operating near the Sarychat-Ertash high-mountain reserve, the number of red-listed animals has increased significantly as a result of ecological  improvements to their environment.  Local ecologists, however, believe that the data has been intentionally exaggerated.

In its report, Kumtor said, “Annual monitoring of the state of biodiversity, conducted by the company, allows us to accurately track the ecological situation on the ground. Care for ecology and the environment is also evident in the increasing numbers of argali, ibex, and snow leopards. For example, the number of argali in the Sarychat-Ertash reserve increased from 750 to 2,500, making it the country’s largest population. Capricorns, argali, and snow leopards have also increased in number.”

Environmental scientists at the National Academy of Sciences of Kyrgyzstan (NAS KR) state that whilst a rough count of red-listed animals in hunting farms and state nature reserves shows an increase in all argali and snow leopard subspecies,  the state authorities have not provided an accurate calculation for 14 years.

“All hunting farms of the republic every year give the state structures data on the number of argali, ibex, and other red-listed animals. According to their data, the number of animals is growing, but how much this data can be believed remains a question. They are interested parties and may present distorted data,” Askar Davletbayev, an ecologist with the National Academy of Sciences, told The Times of Central Asia.

In Kyrgyzstan, the state protects argali and snow leopards. During the hunting season, however, authorities issue a yearly license to shoot the animals. A popular and lucrative  sport, it attracts visitors from all over the world who willingly pay around 10 thousand dollars to bag an argali.

According to eco-activist Vlad Ushakov, the fact that predatory animals living on high mountain ranges have begun to descend to the lower reaches to hunt, has also impacted the figures.

“This does not speak of an increase in snow leopards but rather a lack of prey; the forage base has been undermined. In the gorges, where wild animals traditionally used to graze, there is now mass grazing. The snow leopard will not voluntarily change its natural habitat. Ten years ago, we were told there were 300-350 leopards in Kyrgyzstan; today, the same figures apply. Perhaps these are just invented figures with no basis,” Ushakov explained to TCA.

Kazakhstan’s First Automobile Tunnel and Largest Bridge to be Completed this Year

As reported  by the Kazakhstan’s Ministry of Transport,  Kazakhstan’s first automobile tunnel through the Shakpak Baba Pass and the country’s largest bridge over the Bukhtarma Reservoir are due for completion by the end of this year.

 All concrete work has been completed and an asphalt road laid  in the Shakpak Baba road tunnel. Lighting has been installed and work is now underway to install video surveillance, lay gas pipes, ventilation, and firefighting equipment.

Development of the country’s longest bridge is likewise on schedule. Around 81% of  the bridge supports has been erected and 17 of the 21 piers have been built.

Regarding progress on both of the ambitious projects, Transport Minister Marat Karabayev announced, “We plan to complete the construction of the country’s first automobile tunnel through the Shakpak Baba Pass by the end of this year. Additionally, we aim to complete the construction of the largest bridge in Kazakhstan over the Bukhtarma Reservoir. The total length of the two-lane road bridge across the Bukhtarma reservoir near the village of Kuigan in East Kazakhstan region will be 1,316 meters.”

Turkmenistan and UAE Expand Cooperation in Oil and Gas

Turkmenportal reports that prospects for further cooperation in the fuel and energy sector were the focus of recent discussions between Chairman of the Halk Maslahaty of Turkmenistan, Gurbanguly Berdimuhamedov, and the Executive Director of Dragon Oil Company, Ali Rashid Al-Jarwan.

According to the publication, Turkmenistan and the UAE are among the richest countries in the world in terms of natural gas and oil reserves and both have extensive experience in developing the oil and gas industry.

Dragon Oil has now been  operating in Turkmenistan for a number of years.

Commenting on the UAE’s positive relationship with the country Al-Jarwan  expressed gratitude for the opportunity to work in Turkmenistan.

Berdimuhamedov in turn, emphasized that the  active bilateral interaction enjoyed by the parties was due to the joint efforts of the countries’ leaders and expressed Uzbekistan’s readiness to further expand productive cooperation with Dragon Oil .

Both sides expressed confidence that their existing mutual interests would provide a strong basis for more fruitful cooperation in the oil and gas sector.