• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10784 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10784 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10784 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10784 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10784 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10784 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10784 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10784 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%

Viewing results 1 - 6 of 107

Azerbaijan and Kazakhstan Deepen Strategic Partnership Through Middle Corridor

Azerbaijani President Ilham Aliyev’s recent state visit to Astana has marked a significant turning point in relations between Azerbaijan and Kazakhstan. President Kassym-Jomart Tokayev and President Aliyev underscored the rapid expansion of cooperation across transport, investment, and technology sectors. Political and cultural ties are also deepening, bolstering what both sides have described as a “brotherly” relationship. Economic Ties Strengthened by Infrastructure and Energy Projects Tokayev highlighted the strategic importance of the Trans-Caspian International Transport Route (Middle Corridor), noting a 62% increase in freight traffic in 2024 to 4.5 million tons, with a further 2% rise recorded so far in 2025. Kazakhstan is currently building a container hub in Aktau, while a new cargo terminal in the port of Alat, developed with foreign partners, including China, offers further growth potential. The two leaders also discussed establishing a Trans-Caspian ferry system to expand exports, with a long-term goal of boosting cargo traffic to 10 million tons. Tokayev further emphasized Kazakhstan’s use of the Baku-Tbilisi-Ceyhan pipeline for oil exports. In 2024, nearly 1.5 million tons of Kazakh oil transited through Azerbaijan, with plans to increase volumes significantly. He also cited efforts to deliver Kazakh uranium to foreign markets via Azerbaijan. Joint IT projects are also advancing, including plans to lay a fiber-optic communication line under the Caspian Sea. Tokayev commended the joint declaration on peace signed by Armenia and Azerbaijan in Washington under U.S. mediation, calling it a "historic" milestone in regional reconciliation efforts. Earlier on Monday, Aliyev had announced a significant policy shift, stating that Baku is lifting all restrictions on the transit of goods to Armenia. Middle Corridor as a Strategic Geopolitical Tool The Middle Corridor, connecting China and Europe through Kazakhstan, the Caspian Sea, and Azerbaijan, was a major focus of Aliyev's state visit. Amina Kosbaeva of the Institute for Eurasian Integration noted that the corridor - which carried about 2.7 million tons in 2023 and 4.5 million tons in 2024, as traffic shifted away from traditional routes via Russia - is evolving into a strategic asset that enhances regional autonomy and global connectivity. Kosbaeva highlighted that both countries have built a sustainable cooperation model grounded in cultural commonalities and mutual trust. She identified agriculture, petrochemicals, and machine-building as key sectors where new supply chains could emerge, boosting trade and resilience to global market fluctuations. Kosbaeva added that future cooperation is likely to grow within the framework of the Organization of Turkic States (OTS), which held its 12th Summit in Gabala, Azerbaijan, on October 6–7, 2025. further institutionalizing bilateral ties as a driving force within the Turkic world. “The history of the Turkic peoples goes back to common roots,” Tokayev said at the summit, expressing support for the idea of a broader “Turkic-speaking States +” platform to expand cooperation. Business Relations Rooted in Political Alignment Kazakh political analyst Gaziz Abishev noted that Astana and Baku often align on geopolitical issues. “The relationship between the two countries proves that rigid multilateral blocs are not necessary for close alliances. Unconditional mutual sympathy at all levels, leaders,...

Aliyev, Tokayev Pledge Deeper Cooperation as Azerbaijan Lifts Armenia Transit Ban

Azerbaijan’s President Ilham Aliyev began a state visit to Kazakhstan on Monday with a series of high-level meetings and a significant policy shift: Baku is lifting all restrictions on the transit of goods to Armenia. The move, announced during joint talks with Kazakh President Kassym-Jomart Tokayev in Astana, is one of the most concrete regional gestures since the end of the Second Karabakh War. The visit began with an official welcoming ceremony at Akorda Presidential Palace in Astana, where Presidents Kassym-Jomart Tokayev and Ilham Aliyev reviewed an honor guard before holding bilateral talks and chairing the second meeting of the Kazakhstan–Azerbaijan Supreme Intergovernmental Council. Speaking at a joint press briefing after the meeting, Aliyev confirmed that, “All restrictions on the transit of goods from Azerbaijan to Armenia and from third countries to Armenia through Azerbaijan have been lifted.” While no formal agreement was signed on Monday, the announcement is being viewed as a confidence-building measure at a moment of cautious diplomacy in the South Caucasus. Tokayev welcomed the development and stressed the importance of expanding cooperation between Kazakhstan and Azerbaijan in key sectors such as transport and energy. Ties on a Strategic Track Aliyev’s visit comes as Kazakhstan and Azerbaijan are expanding cooperation in multiple areas, including rail, ports, digital infrastructure, and energy. Monday’s talks produced several new accords and project announcements, including commitments to expand freight flows along the Trans-Caspian International Transport Route (Middle Corridor) - a logistics network connecting China to Europe via Central Asia, the Caspian Sea, and the South Caucasus. Since Russia’s 2022 invasion of Ukraine upended established overland trade routes, the corridor’s importance has surged, with Astana and Baku positioning themselves as key actors in a reconfigured Eurasian logistics network that bypasses Russian territory. In his welcoming address, Tokayev framed Aliyev’s state visit as of “critically important significance for the further development of our strategic partnership.” Tokayev described the relationship as “allied in nature,” calling Azerbaijan “a regional power that has strengthened its authority on the international stage.” He emphasized that developing multifaceted cooperation “remains a priority” and highlighted trade, economic, and political partnership as key goals. “Azerbaijan is a special country for Kazakhstan, a fraternal state,” Tokayev stated. “We are united by common historical roots, a rich spiritual and cultural heritage, and, ultimately, a shared mentality and outlook on developments. On this unshakable foundation, we are successfully developing our multifaceted cooperation.” Aliyev, in turn, praised Kazakhstan’s ongoing political and economic reforms, saying his country “fully supports [Tokayev’s] course of modernization” and is aiming to “strengthen cooperation in all areas” In a related development, Azerbaijan’s state energy firm SOCAR and Kazakhstan’s sovereign wealth fund Samruk-Kazyna are expected to deepen their collaboration in upstream energy projects and petrochemical exports, though no new energy deals were signed on Monday. Transit Opening to Armenia: Why Now? Aliyev’s announcement on transit restrictions - made in Astana, not Baku - was notable not just for its content, but its timing and setting. Since the end of the 2020 Second Karabakh...

Aliyev–Tokayev Talks Rekindle Momentum for Trump’s Peace Corridor

Azerbaijani President Ilham Aliyev’s state visit to Kazakhstan this week highlights the deepening strategic alignment between the two Caspian neighbors. Both are united by a drive to reshape Eurasia’s transport map through the Middle Corridor — a trans-Caspian route linking Central Asia to Europe — and its politically sensitive South Caucasus extension, the Zangezur Corridor. The meeting comes amid renewed optimism following the August 2025 U.S.-brokered declaration between Armenia and Azerbaijan. The accord envisions a transit route linking mainland Azerbaijan with its Nakhchivan exclave via a roughly 20-32 km stretch of Armenia’s Syunik region. Under the framework, the United States would receive exclusive long-term development rights for infrastructure (railways, pipelines, fibre-optic cables) on that corridor — while Armenia retains full territorial sovereignty and the route operates under Armenian law. U.S. President Donald Trump, who hosted the White House summit that produced the deal, said: “Thirty-five years they fought, and now they’re friends and they’re going to be friends for a long time.” The project is also known as the “Trump Route for International Peace and Prosperity” (TRIPP), From Framework to Reality TRIPP remains far from implementation: Armenia and Azerbaijan still must ratify the agreement as a binding treaty, finalize the terms of U.S. development rights, and attract major investment for rail, energy and digital networks. Meanwhile, peace between the two remains fragile. Resistance from Iran, wary of being bypassed, and Russia, whose influence has waned since the war in Ukraine, complicates progress. Turkey’s backing, as a champion of trans-Turkic connectivity, will be crucial. Whether the “peace route” becomes operational or stalls as another geopolitical mirage depends on political consensus and sustained stability. A Trans-Caspian Lifeline For Aliyev and President Kassym-Jomart Tokayev, these uncertainties strengthen the case for deeper transport cooperation. During the visit, the two leaders will focus on transport integration, energy transit, and digital infrastructure, with attention to coordination among the Aktau, Kuryk, and Baku ports, building on existing MoUs and ongoing Middle Corridor initiatives.  Discussions will also cover customs digitization and rail interoperability along the Trans-Caspian International Transport Route (TITR). Although the Zangezur Corridor is not formally on the agenda, diplomats in both capitals suggest it looms large behind the logistics talks. For Kazakhstan, a functioning Zangezur link would tighten its connection to Turkish and European markets, reducing dependence on routes that traverse Russian or Iranian territory. For Azerbaijan, it would complete the east–west chain that underpins Baku’s Middle Corridor strategy — linking the Caspian directly to the Mediterranean through a unified Turkic transport system. For Kazakhstan, the Middle Corridor represents a strategic alternative to disrupted Russian transport routes, preserving the continuity of its westward trade and reinforcing its role as a key Eurasian transit state. The route—linking Kazakhstan across the Caspian Sea to Azerbaijan, and continuing through Georgia and Turkey—provides access to European markets while reducing dependence on northern pathways. For Azerbaijan, it consolidates its position as a central hub connecting the Turkic world to global trade networks. Presidents Kassym-Jomart Tokayev and Ilham Aliyev have both framed...

Russia–Central Asia Summit in Dushanbe Tests Putin’s Grip

Russian President Vladimir Putin arrived in Tajikistan on October 8 for a three-day state visit that includes a Russia–Central Asia summit in Dushanbe, and a larger Commonwealth of Independent States (CIS) meeting. His arrival comes at a time of geopolitical flux in Central Asia, with Russia seeking to reaffirm its waning influence amid migration tensions, economic pressures, and security challenges on its southern flank. The Visit and Summit: What Has Happened So Far Putin was greeted at Dushanbe airport by Tajik President Emomali Rahmon, who has governed the country since 1992. Upon his arrival, the two leaders conducted a private meeting and later presided over expanded talks with their delegations. In his opening remarks, Putin told Rahmon that Russia and Tajikistan are “reliable allies” and pledged that Moscow would fulfil its obligations to Dushanbe, particularly in terms of security. In the first seven months of 2025, bilateral trade rose by more than 17%, a figure Putin cited to underscore that relations are developing “very positively.” Following the meeting, the two leaders signed a joint statement on “deepening the strategic partnership and alliance” between their countries. Alongside Rahmon, on October 9, Putin met with the presidents of Kazakhstan, Kyrgyzstan, Turkmenistan, and Uzbekistan as part of the Russia–Central Asia summit. As previously reported by The Times of Central Asia, the summit agenda includes cooperation in trade, transport, energy, security, migration, and environmental policy. A concluding communiqué is expected to lay out joint priorities for 2025–2027 in these fields. Following the Russia–Central Asia gathering, a broader CIS head-of-state meeting is scheduled for October 10. Alongside Russia and the Central Asian states, representatives from Armenia, Azerbaijan, and Belarus will also attend. Draft agendas suggest the adoption of a military-cooperation concept through 2030, counterterrorism and border security strategies, efforts to fight transnational crime, and discussions on a “CIS Plus” format that would allow third-party countries and international organizations to participate in selected CIS events. Russia’s Defense Minister Andrei Belousov held talks in Dushanbe with his Tajik counterparts on October 8, stating that “cooperation between our two military institutions” is key to regional stability. Tajikistan hosts Russia’s largest foreign military base and shares a long, porous border with Afghanistan, which makes the security relationship central to both sides’ calculus. Historical and Geopolitical Context Russia has long viewed Central Asia as its strategic backyard, but since 2022, its dominance has been challenged. Sanctions on Russia due to the war in Ukraine have constrained its economic leverage, while China has expanded its presence via Belt and Road investments. At the same time, the European Union has elevated its engagement with Central Asian states through trade, infrastructure funding, and diplomatic outreach. Central Asian governments have shown increasing boldness in balancing their relations between Moscow, Beijing, and the West. None of the Central Asian governments has openly backed Russia’s full-scale invasion of Ukraine. Surveys in Kazakhstan show that only 15% of respondents explicitly support Russia, while a larger share leans toward Ukraine or nonalignment. Kazakhstan has refused to recognize the...

After Berdimuhamedov Sr.’s Visit, Azerbaijan to Gift Oil Tanker to Turkmenistan

On the sidelines of an investment forum in the Turkmen resort of Awaza, Azerbaijan’s Deputy Minister of Economy, Sahib Alekperov, announced that Baku will gift an 8,000-ton oil tanker to Turkmenistan. The gesture is intended as a symbol of goodwill and a marker of deepening relations between the two Caspian neighbors. From Symbolism to Infrastructure According to Alekperov, the tanker project is expected to be completed by the end of this year or early next. He emphasized that bilateral ties are increasingly rooted in practical cooperation. In August, Azerbaijan and Turkmenistan signed a memorandum to expand international air services, aiming to establish a reliable “air bridge” across the Caspian Sea. “This route will be in high demand among passengers,” said Alekperov, noting that better connectivity will benefit not only Azerbaijan and Turkmenistan but the broader Caspian region. Drawing a historical parallel, he added, “As it was once said that all roads lead to Rome, we can now claim that all roads lead through Turkmenistan, the shortest path between Europe and Asia.” He also noted that growing transport cooperation will enhance the investment climate and produce tangible outcomes, especially in light of the warm political ties at the highest level. Broadening Turkmen-Azerbaijani Cooperation The goodwill gestures extend beyond the tanker handover. On September 12, Turkmenistan announced plans to construct a mosque in the Azerbaijani city of Fuzuli. The Ministry of Construction and Architecture has since opened a tender for the project. Political dialogue has also intensified in recent months. In July, Gurbanguly Berdimuhamedov, Chairman of Turkmenistan’s Halk Maslahaty, paid an official visit to Azerbaijan, accompanied by his daughter Oguljahan Atabaeva, Vice President of the charitable foundation bearing his name. During meetings with Azerbaijan's President Ilham Aliyev, both sides discussed expanding transport and infrastructure cooperation, as well as boosting bilateral trade. Humanitarian collaboration was also a key topic. Atabaeva met with Leyla Aliyeva, Vice President of the Heydar Aliyev Foundation. At the conclusion of the visit, Berdimuhamedov delivered an official invitation from his son, President Serdar Berdimuhamedov, for Aliyev to visit Turkmenistan. In a statement, Aliyev’s office reaffirmed the strategic nature of the partnership: “Our nations are united by deep traditions of brotherhood, and these ties have grown even stronger during the years of independence. We are successfully cooperating in many areas,” said the Azerbaijani president.

Russia Says It Has Paid Compensation for Kazakhstan Plane Crash

Russia says insurance payments have been made for the crash of an Azerbaijan Airlines plane near the Kazakhstani city of Aktau in December 2024, potentially meeting a demand of Azerbaijani officials who assert the plane was hit by Russian ground fire before diverting and crashing. While Azerbaijan’s government had said Russia should pay compensation for the disaster that killed 38 of the 67 people on board, it has yet to secure other demands, including full acknowledgement of responsibility for the crash and punishment of those believed to have fired on the aircraft as it tried to land in Grozny, Russia. The Russian Foreign Ministry said on Thursday that Russian insurance company AlfaStrakhovanie JSC has been making insurance payments since February in connection with the crash, which had taken off from Baku. AlfaStrakhovanie is one of the largest insurance companies in Russia and has been under Western sanctions because of the war in Ukraine.  “The Azerbaijani airline was paid insurance compensation for the plane in the amount of the full insured value - 1.003 billion rubles,” the equivalent of $12.3 million, the Russian ministry said.  “Claims in connection with the injuries and deaths of 46 of the 62 passengers on the flight have been fully settled, including full payments for 7 of the 15 Russian citizens, 35 of the 38 Azerbaijani citizens, all 3 Kyrgyz citizens, and 1 of the 6 Kazakh citizens,” the ministry said. “To date, insurance payments have been made to the injured passengers of the plane and relatives of the deceased for a total of 358.4 million rubles.” The payment to injured passengers and relatives of the deceased is the equivalent of $4.4 million. The Russian ministry said work was continuing with those groups for the purposes of a “full settlement.” There was no specific mention of the five Azerbaijani crew members in the Russian statement. Two pilots and one flight attendant died.  Russian President Vladimir Putin has offered a general apology for the crash without providing details about what happened at a time when, according to Russia, the area around Grozny was under attack from Ukrainian drones. Azerbaijan has said it will seek redress in international courts, indicating it has doubts about the outcome of a crash investigation being led by Kazakhstan.  Putin and Azerbaijani President Ilham Aliyev, who has sharply criticized Russia because of its alleged evasiveness over the crash, were seen shaking hands in a brief encounter at a summit of the Shanghai Cooperation Organization in Tianjin, China earlier in the week. But they didn’t hold a meeting on the sidelines of the event, possibly indicating that there is still significant tension in the relationship between the two countries.