• KZT/USD = 0.00220
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00220
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00220
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00220
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00220
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00220
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00220
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00220
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
30 October 2026

Viewing results 1 - 6 of 205

Kazakhstan Middle Corridor Railway Cuts Detour, but Caspian Bottlenecks Remain

Kazakhstan expects to complete the roughly 323-kilometer Moyynty-Kyzylzhar railway across the Karaganda and Ulytau regions of central Kazakhstan by the end of 2026. The new line will shorten the Middle Corridor by 149 kilometers and ease congestion on the existing route via Zharyk. Kazakhstan Temir Zholy said in July that 202.5 kilometers of track had been laid. For the China-Europe route, however, the next test is the Caspian Sea. Containers must be transferred from trains at ports in Kazakhstan to ships bound for Azerbaijan, then returned to rail. The speed and regularity of these transfers will determine whether the hours saved within Kazakhstan translate into shorter delivery times. What the New Line Changes Moyynty-Kyzylzhar will give transit trains a more direct route from the Chinese border toward the Caspian and ease pressure on the Moyynty-Zharyk section, where east-west freight competes with domestic traffic. The project is designed to accommodate double-stack container trains and includes provisions for future expansion and electrification. The World Bank projects that capacity on the section will rise from 14 to 28 pairs of freight trains per day, while transit time via the new route is targeted to fall from eight hours to six by 2031. In February, the World Bank approved an $846 million guarantee intended to mobilize $1.41 billion in commercial financing for the project. Across Kazakhstan, the time savings will be more modest. Transit from Dostyk, on the Chinese border, to Aktau is expected to fall from about 72 hours to 68 hours by 2031. Farther west, the country is also modernizing the Shalkar-Beineu and Beineu-Mangystau sections leading toward the Caspian ports. The Caspian Remains a Bottleneck The European Union (EU) aims to reduce transit time along the Trans-Caspian route to no more than 15 days. The European Bank for Reconstruction and Development (EBRD) has estimated that the route has the potential to move cargo between China and Europe in around 18 days, but infrastructure and connectivity constraints have produced transit times ranging from 14 to 60 days. For shippers, reliability is as important as speed. Freight Is Growing Faster Than Caspian Capacity Pressure on the Caspian section is already increasing. In 2025, Kazmortransflot carried 59,400 twenty-foot equivalent units (TEU) on the Aktau-Baku-Aktau feeder route, more than 15% above the 2024 level of 51,400 TEU. In May 2026, container traffic between Aktau and Azerbaijan reached a company record of 7,451 TEU. Kazakhstan is expanding its port infrastructure as well. The EBRD and the EU are financing upgrades at Aktau, including two dedicated container berths and new handling equipment. The project is expected to double the port’s container-handling capacity. Caspian fleet capacity is another constraint as rail freight grows. Falling Caspian Sea levels are also limiting how fully some vessels can be loaded. From an Alternative to Russia to a Commercial Route After 2022, geopolitics increased demand for the Middle Corridor. It offered Europe a route to Central Asia and China that bypasses Russia, while providing Kazakhstan with another connection to European markets. The corridor increasingly has to compete on commercial terms....

Push for Kazakhstan Oil Exports Diversification as CPC Disruptions Expose Capacity Gap

Kazakhstan has spent years looking for more ways to export its oil without relying so heavily on Russia. This summer has shown how difficult that remains. Shipments to Germany through the Druzhba pipeline have been suspended since May, disruptions on the Black Sea in July forced Tengiz to more than halve production, and now Russia is rerouting Kazakh crude from Ust-Luga to Novorossiysk to free Baltic capacity for its own oil. The shift comes as exports from Russia’s western ports ran 15% below plan in the first half of August, with Novorossiysk shipments of Russian Urals and Kazakh KEBCO falling to around 400,000 barrels per day. At least two cargoes of Kazakhstan’s KEBCO crude scheduled for loading at Ust-Luga in late August will instead be shipped through the Black Sea. No KEBCO loadings are currently planned at the Baltic port in September. The move will free up about 100,000 barrels per day of export capacity at Ust-Luga for Russian crude. Kazakh producers support the arrangement because shipments through Novorossiysk are currently more profitable. From a commercial standpoint, the decision is understandable. But Ust-Luga and Novorossiysk give Kazakhstan access to two different seas while remaining Russian ports. And Novorossiysk, where the KEBCO cargoes are now being redirected, had itself suspended crude loadings only a few days earlier. On August 14, loadings at the Sheskharis terminal, Novorossiysk port’s main oil-export facility, were halted following a drone attack. The facility handles around 700,000 barrels per day and loads Russian Urals and Siberian Light as well as Kazakhstan’s KEBCO. Operations resumed on August 16, and one of the first tankers to load was carrying Kazakh crude. Another 80,000-ton KEBCO cargo was due to begin loading on August 18. Kazakhstan’s far larger vulnerability, however, is the Caspian Pipeline Consortium. Its marine terminal near Novorossiysk is separate from Sheskharis. In 2025, the country exported 78.7 million metric tons of oil, of which 64.8 million tons were shipped through CPC. Volumes through the pipeline rose by 18% compared with 2024, largely as production increased following the Tengiz expansion. The July disruptions showed how quickly problems on that route can affect production inside Kazakhstan. After drone attacks near the CPC terminal forced restrictions on loadings, Kazakhstan’s oil and gas condensate production fell by about 21% by July 22 to roughly 1.63 million barrels per day, from a July average of 2.07 million barrels per day. Tengiz output dropped from a July average of around 925,000 barrels per day to about 406,000. A few days later, the situation deteriorated further. On July 26, Kazakhstan produced around 1 million barrels per day of oil and gas condensate, down from an average of 2.16 million barrels per day in June. Tengiz, Kashagan, and Karachaganak all had to reduce production. On July 27, CPC resumed loadings after a week-long suspension. CPC accounts for more than 80% of Kazakhstan’s oil exports, so replacing it quickly with other routes is impossible. The pipeline typically carries around 1.5 million to 1.7 million barrels per day....

Insider’s View: Why Uzbekistan’s Caspian Push Might Be Beneficial for Georgia

Over the past year, Georgia has shifted its focus towards Central Asia, establishing strategic partnerships with Kazakhstan and Uzbekistan. The country has long-term plans for the region in several development areas, including trade and transport logistics. However, the current phase of Georgian–Central Asian relations is not solely based on economic pragmatism. It should also be viewed as a means of preserving sovereignty in the face of global challenges that are catalyzing the old-world order to collapse. In this context, strategic connectivity can be defined as a vital component of small states’ long-term stability and security, placing it on a par with defense capabilities. By intensifying political and economic ties with Tbilisi, Tashkent is seeking to reinforce the Western orientation of its foreign policy. This is necessary to successfully balance between the major powers and minimize the risk of becoming overly dependent on neighboring Russia or China, for example. However, this move should not be perceived as a counter to the geopolitical ambitions of non-regional actors in Central Asia and the South Caucasus. It is devoid of political overtones and reflects the parties’ desire to strengthen their sovereignty based on shared economic interests and opportunities. The Trans-Caspian International Transport Route (Middle Corridor) is the key driver in this dynamic, and its significance extends far beyond transport connectivity. It is a mutually beneficial initiative whose ultimate goal is to ensure regional stability and sustainable economic growth. Thus, Uzbekistan gains an alternative route to the European Union market — the country’s third-largest trading partner — via the Georgian ports of Poti and Batumi on the Black Sea coast. Meanwhile, the Trans-Caspian route provides Georgia with access to the rapidly growing markets of East and South Asia via Uzbekistan and neighboring countries. The new transit corridor concepts promoted by Uzbekistan in the context of the expanding Central Asian partnership deserve special attention. Tashkent and Tbilisi have enormous potential to develop transport cooperation by establishing intercontinental logistics chains: China–Kyrgyzstan–Uzbekistan–Turkmenistan–Azerbaijan–Georgia–Turkey/EU, and India–Pakistan–Afghanistan–Uzbekistan–Kazakhstan–Azerbaijan–Georgia–EU. Both projects involve connecting the China-Kyrgyzstan-Uzbekistan (CKU) railway and the Trans-Afghan Railway Corridor (the Kabul Corridor), which are an absolute priority for Uzbekistan, with the Middle Corridor. This will significantly increase the republic’s exports of transport services by attracting additional transit flows from the South Caucasus, Turkey and Europe, while also expanding the freight base for the aforementioned railway corridors. The issue of jointly promoting new trade routes along the east-west and north-south axes (from Europe to China and India, respectively) through Uzbekistan requires ongoing expert discussion to amplify its relevance. To fully realize its own transit potential, it is insufficient for Uzbekistan to focus solely on the infrastructure development of the Middle Corridor. This is because, even after the launch of the China–Kyrgyzstan–Uzbekistan railway, the country’s ability to attract additional transit cargo flows would remain very limited due to Kazakhstan’s dominance in rail transport between the EU, Central Asia, and China via the Caspian Sea. For Uzbekistan, it is far more important to extend the Middle Corridor to China and India. This would...

Central Asia’s C6 Takes Shape in Washington as Ambassadors Push for Practical Integration

Less than two weeks after regional leaders gathered in Cholpon Ata, diplomats from the emerging C6 grouping used a discussion in Washington to shift the focus from declarations of unity to the mechanics of integration: customs, railways, digitalized trade, access to European markets, and stronger links across the Caspian. The sharpest political message came from Kyrgyzstan’s ambassador to the United States, Edil Baisalov, who said that Central Asian states were increasingly recognizing that they were “enough for each other,” and that resolving differences within the region had become a pragmatic national interest. His comments gave unusually direct language to a trend that has accelerated since the region’s consultative meetings began in 2018. The August 12 event at the Caspian Policy Center brought together the U.S.-based ambassadors of Azerbaijan, Kazakhstan, Kyrgyzstan, Turkmenistan, and Uzbekistan. Tajikistan, the sixth country in the emerging C6 framework, was not listed among the participants. The event followed a late-July meeting in Cholpon Ata, where leaders concentrated on transport, energy security, investment, and foreign-policy coordination. The C6 label remains shorthand rather than the name of a formal organization. Its political basis, however, has become more concrete since Azerbaijan was admitted as a full participant in the Consultative Meeting of the Heads of State of Central Asia in November 2025. The shift extended a format once focused on relations among the five Central Asian republics across the Caspian Sea. From Regional Dialogue to Regional Agency Azerbaijan’s ambassador, Khazar Ibrahim, presented Cholpon Ata as evidence that the six states increasingly see themselves as part of one political and economic space. “We are finally holistic. We are all together,” he said. He argued that Azerbaijan’s presence changes the geography of the grouping by turning the Caspian from a dividing line into a connecting space between Central Asia and the South Caucasus. That idea has been developing for some time. TCA has previously examined how Azerbaijan’s entry could turn the C6 framework into a platform for common rules on transport, tariffs, customs systems, and digital data, rather than another layer of summit diplomacy. Kazakhstan’s ambassador, Magzhan Ilyassov, put the emphasis on building an “economically active neighborhood.” He pointed to the frequency of regional meetings and said the value of the current process lies partly in maintaining an inclusive conversation among the Central Asian states. Kazakhstan has also pushed for stronger coordination on transport planning as the consultative format develops. For Uzbekistan, the discussion was more explicitly about market access. Ambassador Furqat Sidiqov said cooperation with Azerbaijan could give Uzbekistan wider access to European and other export markets. He also called for further digitalization of the Middle Corridor. Sidiqov said Uzbekistan had close to 300 joint ventures with Central Asian countries in 2017, and now has about 1,500 with neighboring states. Corridors Become the Practical Core Digitalizing the Trans-Caspian route is not a new proposal. The countries of the UN Special Programme for the Economies of Central Asia, which already brings together the five Central Asian states and Azerbaijan, endorsed a digitalization...

Landlocked Kazakhstan Builds a Logistics Network from China to the Black Sea

Although Kazakhstan is landlocked, companies based in the country already hold stakes in logistics terminals at Lianyungang on China’s Yellow Sea coast and in Poti on the Black Sea. Projects farther west are at various stages of development. The strategy allows Kazakhstan-based operators to remain involved as freight travels between Asian ports and European markets, including beyond Kazakhstan’s borders. One of the main facilities is at the Chinese port of Lianyungang. The China-Kazakhstan Logistics Cooperation Base began operating in May 2014. It was jointly developed by Lianyungang Port and Kazakhstan Temir Zholy (KTZ), Kazakhstan’s national railway operator. Cargo arriving by sea can be transferred to rail for shipment through Kazakhstan toward Central Asia and Europe. In a written response to The Times of Central Asia, Kazakhstan’s Ministry of Transport said the Lianyungang terminal handled 2.39 million twenty-foot equivalent units (TEU) from 2015 through 2025. Annual throughput rose from 167,000 TEU in 2015 to 271,700 TEU in 2025. A further 140,100 TEU passed through the terminal during the first half of 2026, down 3.2% year on year. According to Samruk-Kazyna, the network extends inland to a terminal in Xi’an and includes Khorgos Gateway at the Kazakhstan-China border. The fund said a dry port in Chengdu would be added in 2027. At the western end, Kazakhstan-based PTC Holding and Georgian partners developed a multimodal terminal that opened in Poti in June 2025 after investment of more than $30 million. The operator currently lists annual throughput capacity at up to 100,000 TEU. Between the terminals in China and Georgia lies Kazakhstan’s rail network, which carries cargo to the Caspian ports of Aktau and Kuryk. These links form Kazakhstan’s section of the Trans-Caspian International Transport Route, known as the Middle Corridor. The route connects China with Europe across the Caspian Sea and the South Caucasus. Kazakhstan is pursuing further terminal projects along the route. In July 2026, Kazakhstan and Azerbaijan were preparing to begin construction of a joint intermodal terminal at Alat. Work was awaiting completion of the Port of Baku’s updated master plan. In June 2026, Kazakhstan’s government said work would begin on terminals in Budapest and Constanța. Later that month, KTZ Express signed an agreement with Midia Marine Terminal for a joint project at Romania’s Port of Midia. The European projects have yet to reach the operating stage. The value of this terminal network becomes clearer from the way the Middle Corridor operates. Containers must move between rail and ships for the Caspian crossing, so faster transit across Kazakhstan cannot determine the total journey time. The World Bank has identified the Caspian and Black Sea crossings as bottlenecks requiring greater vessel availability and higher port productivity. Transit times vary by destination. Turkish officials reported in August 2025 that a freight train from China had reached Turkey in 15 days, while earlier journeys often took more than 20 days because of customs procedures and weather on the Caspian Sea. A 15-day journey should therefore be treated as a benchmark rather than a guaranteed...

Central Asia and Azerbaijan Extend Cooperation Across the Caspian

Central Asia’s presidential forum now spans both shores of the Caspian. Kazakhstan and Azerbaijan anchor the principal Caspian crossing at the center of the Middle Corridor, the rail-and-sea network linking Central Asia to European markets through Azerbaijan, Georgia, and Türkiye. Azerbaijan’s full participation brings the corridor’s eastern and western Caspian gateways into the same regular political setting. The six governments can use it to coordinate the transport, energy, digital, and investment links already developing across the Caspian, even though Georgia and Türkiye remain essential to the route’s westward operation. On July 31, 2026, the presidents of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, and Azerbaijan signed the Cholpon-Ata Declaration at an informal Consultative Meeting of the Heads of State of Central Asia and Azerbaijan in Kyrgyzstan. The Declaration gave formal political expression to cooperation that had already been developing. Official accounts said the leaders emphasized expanded regional cooperation, including trade, transport and logistics, and energy. The full text has not been released, so those priorities come from official accounts rather than the declaration itself. Proposed by Uzbekistani President Shavkat Mirziyoyev in 2017 and first convened in Astana in March 2018, the Consultative Meetings brought together the five Central Asian states in an informal presidential format. They expanded in November 2025 with Azerbaijan’s admission as a full-fledged participant, while retaining their consultative character. Azerbaijan attended in 2023 and 2024 as a guest; Cholpon-Ata was its first informal meeting in the new capacity. Official documents continue to call the format “Central Asia and Azerbaijan.” C6 is analytical shorthand for the enlargement, not the name of a new bloc or formal organization. Azerbaijan’s admission follows several years of practical cooperation. At a ministerial meeting in Aktau on November 25, 2022, Kazakhstan, Azerbaijan, Georgia, and Türkiye signed a 2022–2027 roadmap for the simultaneous elimination of bottlenecks and development of the Middle Corridor. At its 2023 Baku summit, the UN Special Programme for the Economies of Central Asia (SPECA) adopted a digitalization roadmap and established a multi-partner trust fund, followed by work on digital data exchange and port-to-port cooperation. The transport roadmap includes Georgia and Türkiye, while SPECA also includes Afghanistan; neither is institutionally identical to C6. The enlarged format gives the six governments a regular political setting in which to coordinate existing transport, digital, and investment mechanisms. The Trans-Caspian International Transport Route Association reports that freight through the seaports of Kazakhstan and Azerbaijan reached 3.3 million tons in 2024, 20% above the 2023 level, while container traffic within the same scope rose 176% to 56,500 twenty-foot equivalent units (TEU). Freight remains the principal basis of integration. Oil transit, prospective electricity links, and joint investment instruments are extending cooperation into adjacent sectors. Kazakhstan's use of the route for oil exports is also rising: according to KazMunayGas reports, Kazakhstani oil shipments from Aktau through the Baku–Tbilisi–Ceyhan route increased by 34% to 1.4 million tons in 2024. At COP29 in Baku on November 13, 2024, Azerbaijan, Kazakhstan, and Uzbekistan signed a strategic-partnership agreement on producing and transmitting green energy,...