• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.10398 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.10398 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.10398 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.10398 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.10398 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.10398 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.10398 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.10398 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%

Viewing results 1 - 6 of 139

Kazakh Parliament Backs Caspian Green Energy Corridor Linking Central Asia to Europe

Kazakhstan’s Mazhilis, the lower house of parliament, has ratified a strategic partnership agreement with Uzbekistan and Azerbaijan on cooperation in green energy production and transmission. The agreement involved the construction of a high-voltage power cable along the seabed of the Caspian Sea. Speaking at a plenary session, Energy Minister Yerlan Akkenzhenov noted that the document had been signed by the leaders of the three countries in November 2024 on the sidelines of the COP29 climate conference in Baku. According to the minister, the agreement lays the groundwork for one of the most ambitious energy initiatives in the history of independent Kazakhstan. The project involves the creation of a “Green Energy Corridor” designed to facilitate the export of environmentally friendly electricity, as well as green hydrogen and green ammonia, from Central Asian countries to European markets via the Caspian region. A key component of the initiative is the planned installation of a high-voltage direct current underwater cable system across the Caspian Sea. Officials say the project could provide Kazakhstan with direct access to the European Union’s energy market through interconnection with a similar energy infrastructure initiative being considered in the Black Sea region. The initiative reflects a broader effort by Central Asian governments to position the region as a supplier of low-carbon energy to Europe while developing east-west infrastructure that bypasses traditional Russian transit routes. For Kazakhstan and Uzbekistan in particular, exporting renewable electricity and related products such as green hydrogen could open new markets as global demand for cleaner energy continues to grow. Italian consulting company CESI has begun preparing a feasibility study, which is expected to define the project’s financial model and core technical parameters. The cost of preparing the feasibility study is estimated at around €1 million and will be fully covered by grant funding. The Asian Development Bank and the Asian Infrastructure Investment Bank have indicated their readiness to allocate up to $2 million in additional support. To coordinate implementation, the Green Corridor Alliance joint venture was established in July 2024. Ownership is divided equally among Kazakhstan, Uzbekistan, and Azerbaijan, with each country holding a 33.3% stake. The company is currently overseeing expert consultations and preparing subsequent phases of the project. According to Akkenzhenov, successful implementation would strengthen Kazakhstan’s position in global energy markets. “The project will help position Kazakhstan as a reliable partner in sustainable energy, capable of contributing to international energy corridors and implementing large-scale technological initiatives,” he stated. The initiative is also expected to expand export potential, stimulate the development of new energy technologies, and reinforce Kazakhstan’s role as a regional energy hub. Following the parliamentary debate, the Mazhilis deputies approved the agreement, emphasising its importance for enhancing regional energy security. The project is intended to deepen the interconnection between the power systems of Central Asia and Azerbaijan and create conditions for stable exports of green electricity. At the same time, the initiative highlights the growing role of the Caspian region in emerging energy corridors linking Central Asia with European markets. Alongside transport projects...

How an Incident on the Azerbaijan-Iran Border Became a Test for Diplomacy in the Region

The drone strike on Azerbaijan's Nakhchivan Autonomous Republic on March 5 has become one of the most serious incidents in relations between Baku and Tehran in recent years. Azerbaijani authorities described the incident as a terrorist act and demanded explanations and an apology from Iran. Tehran, in turn, rejected the accusations, suggesting the possibility of a provocation by “third forces.” Following the drone incident, Kazakh President Kassym-Jomart Tokayev held a phone call with Azerbaijani President Ilham Aliyev to discuss regional security. According to the Azerbaijani presidency, Aliyev thanked Tokayev for condemning the attack on Nakhchivan and for voicing support for Azerbaijan. What began as a local security incident has raised concerns about regional stability in the South Caucasus. Terrorist Act Against the State Azerbaijani President Ilham Aliyev issued a statement strongly condemning "this despicable terrorist act. Those who committed it must be brought to justice immediately,” Aliyev said. According to Azerbaijan’s Ministry of Foreign Affairs, one drone hit the terminal building of Nakhchivan International Airport, while another crashed near a school in the village of Shekerabad. Two civilians were reportedly injured. Baku stressed that the attack, allegedly launched from Iranian territory, violated international law and could lead to a dangerous escalation of tensions in the region. Diplomatic Escalation Despite the harsh rhetoric in the first hours after the incident, Baku opted to rely primarily on diplomatic tools. The Iranian ambassador was summoned to the Azerbaijani Foreign Ministry and handed a formal note of protest requesting official explanations. Azerbaijan said on Friday that it was evacuating staff from its embassy in Tehran as well as its consulate in the city of Tabriz. At the same time, Azerbaijani security forces were placed on high alert. According to Aliyev, the country’s armed forces were instructed to prepare possible countermeasures. Turkish President Recep Tayyip Erdogan spoke by phone with Aliyev, condemning the attack and expressing support for Azerbaijan, according to official statements. Reports of alleged Iranian-linked sabotage plots also surfaced, with the Azerbaijani authorities stating that several terrorist attacks had been prevented on the country’s territory. According to the State Security Service, the Iranian Islamic Revolutionary Guard Corps was behind the plots. Among the alleged targets was the Baku-Tbilisi-Ceyhan oil pipeline, a strategic energy corridor linking the Caspian region with Turkey and one of the main routes for exporting Azerbaijani oil. According to Azerbaijani sources, other potential targets included the Israeli embassy, a synagogue in the capital, and a leader of the local Mountain Jewish community. The security service reported that three explosive devices had been brought into the country but were discovered and defused before they could be delivered. The development of the crisis has prompted increased diplomatic contact between world leaders. Russian President Vladimir Putin held a telephone conversation with Iranian President Masoud Pezeshkian amid the growing regional tensions. Shortly thereafter, Russia’s Foreign Ministry called on both sides to exercise restraint and emphasized the need for a thorough investigation into the drone strike. On March 7, the foreign ministers of all the Central...

OTS Faces Security Test from Turkey to Central Asia

Iran's widening war has now reached the institutional space linking Turkey, the South Caucasus, and Central Asia. Turkey said on March 4 that NATO air defenses destroyed an Iranian ballistic missile entering Turkish airspace, while Azerbaijan said the next day that four Iranian drones crossed into Nakhchivan, injuring four people, and damaging civilian infrastructure at the exclave’s airport. Iran denied targeting Nakhchivan; in the Turkish case, the missile’s intended target has not been fully clear in public reporting. Even so, the combined effect was unmistakable. By March 7, the Organization of Turkic States (OTS) had become more than a bystander to a Middle Eastern war that had earlier seemed outside its main agenda. This is what gave the OTS foreign ministers’ meeting in Istanbul its significance. The Turkish Foreign Ministry announced on March 6 that the informal meeting of the OTS Council of Foreign Ministers would be held in Istanbul on March 7, with Foreign Minister Hakan Fidan hosting. After the meeting, the ministers adopted a joint statement declaring that threats to the security of any OTS member are a matter of concern for the whole organization. That language does not make the OTS a military alliance. It does, however, show the organization moving more openly into collective political-security signaling when member states come under attack. Why Nakhchivan Matters Nakhchivan is central to the logic of this story. The exclave is an integral part of Azerbaijan, but is separated from the rest of the country. It borders Armenia, Iran, and Turkey, making it significant out of proportion to its size. A military strike there is not a routine border incident. It reaches one of the most sensitive nodes in the wider Turkic political space: it is a meeting point for Azerbaijani sovereignty, Turkish strategic concern, and Iranian proximity. Until recently, Nakhchivan’s special status and borders were anchored in the 1921 Moscow and Kars treaties, which gave Turkey and Soviet Russia a formal say over the exclave’s autonomy and, it could be argued, its external security. But last year, Baku folded Nakhchivan more tightly into Azerbaijan’s domestic legal order by removing those references (along with other changes) from the constitution of the exclave, which has suddenly become a target in a much wider regional confrontation. Baku’s response to the Iranian attack showed that it saw the incident in political as well as tactical terms. President Ilham Aliyev said Azerbaijan would prepare retaliatory measures. Reuters later reported that Azerbaijan had ordered the evacuation of its diplomats from Iran, citing safety concerns. This is understandable, particularly in light of the January 27, 2023, incident when an armed attacker entered Azerbaijan’s embassy in Tehran and opened fire, killing the head of the embassy’s security and wounding two other staff. Baku called this a terrorist attack, evacuated most of its diplomatic personnel, and suspended embassy operations. Azerbaijani officials also said the March 5 attack on Nakhchivan violated international law, rejecting any implication that it could have been a technical mishap. The stakes widened further after...

Iran War Highlights Central Asia’s Vulnerable Southern Trade Corridors

The widening war centered on Iran is reverberating far beyond the Middle East, exposing a structural vulnerability in Central Asia’s economic geography: the region’s reliance on transport corridors that pass through or near Iran and the Persian Gulf. As fighting escalates and shipping risks spread across the region, insurers, shipping companies, and logistics firms are reassessing operations across the Gulf. War-risk insurance premiums have surged while some commercial carriers have scaled back bookings to parts of the region amid growing security concerns. Tensions around the Strait of Hormuz have already pushed shipping costs higher as governments and logistics firms weigh the risks of operating in one of the world’s most important maritime chokepoints. For Central Asia’s landlocked economies, the crisis highlights how much regional connectivity strategies still depend on southern access routes linking the region to global markets. The conflict has also edged closer to the transport routes linking Central Asia with Europe after what were alleged to be Iranian drone strikes on Azerbaijan’s Nakhchivan region, damaging facilities at the exclave’s airport and prompting diplomatic protests from Baku. While the strike did not directly disrupt trade corridors, it underscored how quickly the conflict could spill over into the South Caucasus, a key segment of the Middle Corridor. Nakhchivan is a landlocked Azerbaijani exclave bordering Iran and Turkey, separated from mainland Azerbaijan by Armenia, and lies at the frontier where Iranian territory meets the transport networks of the South Caucasus. The South Caucasus also hosts energy infrastructure with wider geopolitical significance. The Baku–Tbilisi–Ceyhan (BTC) pipeline transports mostly Azerbaijani crude through Georgia to the Turkish Mediterranean port of Ceyhan, from where it is shipped to global markets. In 2025, Azerbaijani oil accounted for 46.4% of Israel’s crude imports, most of it moving through this supply chain before being shipped onward by tanker. The pipeline also carries limited volumes of Kazakh crude - 2-3% of Kazakhstan’s overall exports - making it far more significant for Israel’s energy supply than for Kazakhstan’s export system. Iran’s armed forces have denied responsibility for the drone incident, instead accusing Israel of attempting to provoke tensions and disrupt relations between Muslim countries. The Geography of Connectivity Since independence, Central Asian governments have sought to overcome the constraints of geography. Landlocked and long dependent on Soviet-era transport networks running north through Russia, the region has spent three decades developing alternative corridors in multiple directions. Routes leading south have held particular appeal, offering the shortest overland access to ports on the Persian Gulf and the Indian Ocean. Iran sits at the heart of several connectivity initiatives designed to connect Central Asian rail networks to ports on the Persian Gulf and the Indian Ocean. The Ashgabat Agreement — a multimodal transport framework linking Iran, Oman, Turkmenistan, and Uzbekistan and designed to connect Central Asia with ports on the Persian Gulf and the Gulf of Oman — was created specifically to facilitate international trade and transit between Central Asia and global shipping routes. For countries such as Turkmenistan and Uzbekistan, rail routes...

Iran War Tests Emerging C5–Azerbaijan Solidarity

In an effort to coordinate responses to the Mideast conflict, the foreign ministers of the five Central Asian countries, as well as Azerbaijan, have spoken together by telephone about the widening crisis. The call marked one of the clearest signs yet that the Central Asian “C5” format is evolving beyond economic coordination into an operational diplomatic mechanism during external crises. While the group has met frequently in recent years with major partners, direct coordination over a fast-moving conflict on its periphery reflects a shift toward more structured regional crisis management. The consultation also builds on the expansion last year of the Central Asian consultative format to include Azerbaijan, sometimes referred to as the “C6,” a shift that has increasingly aligned Caspian corridor strategy with regional diplomatic coordination. “During the conversation, the ministers exchanged detailed views on the evolving military and political situation in the Middle East, noting the importance of maintaining close coordination and prompt interaction amid the crisis,” Kazakhstan’s Ministry of Foreign Affairs said on Monday. Foreign Minister Yermek Kosherbayev of Kazakhstan thanked his counterparts from Azerbaijan and Turkmenistan, which border Iran, for their help in the evacuations of people fleeing Iranian territory. U.S. and Israeli air strikes have hit targets across Iran, whose military has fired retaliatory waves of missiles and drones at Israel as well as U.S. military facilities and civilian areas in Gulf countries. Azerbaijan’s participation underscores its growing integration into Central Asia’s diplomatic orbit. As a Caspian state bordering Iran and a critical link in the Trans-Caspian International Transport Route, Baku has become an indispensable partner in both evacuation logistics and broader corridor security. The call reflects growing cohesion among Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, and Azerbaijan. The region is seeking more robust trade routes linking Asia and Europe, while maintaining solidarity and balancing relationships with larger powers, including China, Russia, and the United States. In addition to Kosherbayev, the foreign ministers on the call were Jeyhun Bayramov of Azerbaijan, Jeenbek Kulubaev of Kyrgyzstan, Sirojiddin Muhriddin of Tajikistan, Rashid Meredov of Turkmenistan, and Bakhtiyor Saidov of Uzbekistan. The ministers said they were committed to political and diplomatic means as a way to solve conflicts. “At the conclusion of the call, the parties expressed their readiness to continue providing the necessary support in organizing the possible evacuation of citizens, as well as to maintain close working contacts through the foreign ministries,” the statement from Kazakhstan stated. Notably, the ministers’ language avoided assigning blame or aligning with any side in the conflict, instead emphasizing diplomacy and stability. That careful wording reflects the region’s longstanding strategy of balancing relations with Washington, Moscow, Beijing, and regional powers without being drawn into geopolitical confrontation.

2024 Kazakhstan Plane Crash Still Stirs Tension between Russia and Azerbaijan

Conflicting statements from Russia about the December 25, 2024 crash of an Azerbaijan Airlines plane that was hit by Russian missile fire have drawn fresh criticism from Azerbaijan, which marked the first anniversary of the disaster with flowers and other tributes.  Amid growing Azerbaijani accusations that Russia was trying to avoid responsibility, Russian President Vladimir Putin acknowledged in October – nearly a year after the crash - that Russian fire had damaged an Azerbaijani airliner that diverted from its destination in Russia-controlled Chechnya and went down near the city of Aktau in Kazakhstan. Putin indicated that the shooting was accidental, saying Russian forces were trying to fend off a Ukrainian drone attack at the time. The crash killed 38 of 67 people on board.  However, Alexander Bastrykin, chairman of Russia’s Investigative Committee, sent a letter to Azerbaijan’s prosecutor general last month in which he said Russia’s “criminal case has been terminated” but also refers to the “resumed criminal case” – without making any reference to Russian missile fire. Instead, Bastrykin said the plane was unable to land at the Grozny, Chechnya airport because of cloudy weather and later crashed during the approach to the Aktau airport.  The Azeri Times, which along with other media outlets published the text of Bastrykin’s letter, described the Russian statement as “a clear cover-up!”  Farhad Mammadov, director of the South Caucasus Studies Center in Baku, noted what he said were inconsistencies in the Russian letter, including whether Russia’s criminal case had been terminated or resumed. On Telegram, he described Russia’s cloudy weather claim as: “Complete nonsense!!!”  Mammadov said the latest Russian statement appeared to be an attempt to delay a final resolution with Azerbaijan, which demanded compensation and punishment of those responsible. Putin had said in October that compensation would be paid.   “All these clumsy, contradictory and unprofessional gestures do not change the position of Azerbaijan,” Mammadov wrote. “Baku is waiting, as the impulse from the recognition of President Putin has not lost its significance... However, after Bastrykin's letter, Baku may begin to doubt that Russia will take adequate actions...”  “Azerbaijan has its own criminal case and the opportunity to appeal to international courts in its arsenal,” he said.  Kazakhstan is also conducting its own politically sensitive investigation into the crash, with the participation of representatives from Russia, Azerbaijan and Brazil, where the Embraer 190 aircraft was made. Interim findings released in December did not assign responsibility for the crash.  Putin’s acknowledgement in October that Russian missile fire hit the Azerbaijani airliner came during a meeting in Dushanbe with President Ilham Aliyev, appearing to signal a thaw in ties after months of tension over the crash. However, Aliyev did not attend a December meeting in St. Petersburg, Russia of the Commonwealth of Independent States, a group of former Soviet republics that includes Azerbaijan as a member. Azerbaijan “is still signaling that Baku is unsatisfied with the ramifications and statements from Moscow,” despite Putin’s efforts to ease tensions with Azerbaijan over the plane crash, analyst Fuad Shabazov...