• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10639 0.76%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10639 0.76%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10639 0.76%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10639 0.76%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10639 0.76%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10639 0.76%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10639 0.76%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10639 0.76%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%

Viewing results 1 - 6 of 74

At Antalya Forum, Tokayev Delivers a Stark Warning on Iran and the UN

Last week, the Turkish resort city of Antalya hosted the fifth annual Antalya Diplomacy Forum. Particular attention was drawn to the speech by Kazakhstan’s president, Kassym-Jomart Tokayev, who once again raised the issue of reforming the United Nations. Held since 2021 at the initiative of Turkish President Recep Tayyip Erdoğan, the forum brings together political leaders, diplomats, experts, business representatives, media, and civil society. It serves as a platform for bilateral and multilateral contacts, political consultations, and informal diplomacy. This year, alongside Turkey and Kazakhstan, the forum was attended by delegations from Azerbaijan, Qatar, Pakistan, Syria, Georgia, North Macedonia, Moldova, Bosnia and Herzegovina, Slovenia, Burundi, and the Democratic Republic of Congo, all led by their respective heads of state. A widely circulated photograph from the opening ceremony, showing Erdoğan and Tokayev in conversation, was interpreted by some observers as reflecting the Kazakh president’s standing and the level of engagement between the two leaders. Political analyst Daniyar Ashimbayev pointed to what he described as a convergence in messaging between the two presidents. “Opening the forum, President Erdoğan stated that ‘the world is experiencing a crisis of direction alongside a crisis of order.’ He noted that ‘mechanisms designed to protect human rights and international security remain ineffective and often inactive in the face of serious violations.’ Kassym-Jomart Tokayev, judging by his speech, sought, drawing on his experience and position, to respond to the concerns expressed by the Turkish and other leaders,” Ashimbayev said. Another Kazakh political analyst, Andrey Chebotarev, highlighted the broader diplomatic context, noting that Erdoğan is expected to pay a state visit to Kazakhstan on May 14. “In addition to bilateral cooperation, this visit is linked to the upcoming informal summit of the Organization of Turkic States in the city of Turkestan. It is worth recalling that following the previous informal OTS summit, held online on March 31, 2021, Turkestan was officially recognized as the spiritual capital of the Turkic world. Holding a similar summit in person is intended to underscore both the city’s significance and Kazakhstan’s role within the Turkic community,” Chebotarev said. Analyzing Tokayev’s remarks, Chebotarev also pointed to what he described as a consolidation of Kazakhstan’s position on the situation in the Middle East, particularly in the context of tensions involving the United States, Israel, and Iran. “Astana had previously signaled its distancing from all parties to the conflict, while expressing solidarity with the Arab states of the Persian Gulf, which, despite not being direct participants, were affected by strikes linked to the broader confrontation. In this context, the Kazakh president’s call for restraint and a cessation of hostilities is not merely an expression of neutrality but reflects the position of an active international actor seeking a diplomatic resolution,” he said. One of the central elements of Tokayev’s speech was his assessment of developments surrounding Iran. He called for greater awareness of global dynamics and emphasized the need to address root causes. “The core issue is the proliferation of nuclear technologies and nuclear weapons. This must be...

Tokayev Congratulates Péter Magyar on Victory in Hungary’s Parliamentary Elections

Kazakhstan's President Kassym-Jomart Tokayev has sent a congratulatory telegram to Péter Magyar, leader of the TISZA party, following his victory in Hungary’s parliamentary elections. According to the presidential press service, Tokayev noted that the election results reflect a high level of public trust in the TISZA party and its program and expressed confidence in Hungary’s continued sustainable development. Tokayev emphasised that Astana attaches great importance to strengthening its strategic partnership with Budapest, reaffirming readiness to expand bilateral cooperation for the benefit of both countries. He also wished Magyar success in his new role, along with prosperity and well-being for the Hungarian people. So far, there have been no reports of congratulatory messages from other Central Asian leaders addressed to Hungary’s new leadership. Hungary’s political transition following the defeat of Viktor Orbán’s party and his resignation has drawn attention not only in the European Union and the U.S., but also in Central Asia, where Budapest has actively developed economic and energy cooperation in recent years. During Orbán’s tenure, Hungary expanded engagement with Central Asian states, seeking to diversify energy supply sources and reduce dependence on Russian oil and gas. In this context, resource-rich Kazakhstan, Uzbekistan, and Turkmenistan emerged as key partners. One key question now is whether the country’s new leadership will maintain this course, including cooperation in energy, investment, and trade. Experts note that the durability of these ties will depend on the foreign policy priorities of Magyar’s government and its approach to relations with the European Union and partners beyond it.

Trump Invites Tokayev to Miami G20 Summit

U.S. President Donald Trump has invited Kazakhstan’s President Kassym-Jomart Tokayev to visit Miami for the G20 Summit later this year, according to an official statement released by Tokayev’s press secretary, Aibek Smadiyarov. The invitation was reportedly conveyed in a personal letter following the two leaders’ recent meeting in Washington in February, which took place during the inaugural session of the Board of Peace – a platform described by participants as combining diplomatic dialogue with business initiatives aimed at addressing global security and development challenges. According to Smadiyarov, Trump expressed appreciation for Tokayev’s participation in the Washington meeting, and said he would be pleased to welcome him again at the next session of the Board of Peace. Trump also indicated that he hopes Tokayev will attend the G20 Summit scheduled to be held in Miami later this year. The proposed visit reflects continued communication between the United States and Kazakhstan on multilateral initiatives. Tokayev has previously voiced support for the Board of Peace initiative, commenting that it could mobilize investment and diplomatic cooperation to address instability in parts of the Middle East. Kazakh officials have framed participation in such formats as consistent with the country’s long-standing multi-vector foreign policy, which seeks to balance the country's relations with major global powers while promoting regional stability and economic development. Kazakhstan has been seeking to expand economic ties with Western partners while maintaining its role as a key regional transit hub linking Europe and Asia. No official confirmation has yet been issued by the White House regarding the timing or format of the G20 Summit in Miami. Tokayev’s relationship with Trump has so far appeared practical rather than ideological. In 2020, Trump sent Tokayev a letter praising his reform agenda and expressing support for a stronger U.S.-Kazakhstan strategic partnership. Contacts intensified after Trump’s return to office: Tokayev visited Washington in November 2025, later held an extended phone call with Trump in December, and in January 2026 signed the charter of the Board of Peace. Kazakhstan has presented these relations as part of a broader push to turn political access into economic results. During the Washington visit, Tokayev's press service said companies from the two countries signed deals worth more than $17 billion, while Tokayev also highlighted sectors such as energy, critical minerals, transport, finance, education, and AI as areas for potential deeper cooperation. This approach fits Kazakhstan’s long-standing multi-vector foreign policy, a principle Tokayev has described as constructive, balanced, and designed to defend national interests while bringing practical benefits to the country. Kazakhstan tries to keep productive relations with all major centers of power, rather than tying itself too closely to any one of them. For Kazakhstan, that means preserving room for maneuver with neighbors such as Russia and China while also deepening ties with the United States, Europe, Turkey, the Gulf states, and other partners that can provide investment, technology, and market access. Kazakhstan places emphasis on transit routes, diplomacy, and middle-power initiatives. The policy is meant to protect sovereignty, reduce overdependence, and keep...

Tokayev Criticizes Banks Over Slow Adoption of Kazakhstan’s Digital Financial Infrastructure

Kazakhstan’s President Kassym-Jomart Tokayev has criticized the country’s banks for their slow adoption of state-developed digital financial infrastructure. He made the remarks during a meeting on the implementation of the Digital Qazaqstan project. During the meeting, the heads of ministries and government agencies presented reports on the rollout of digital solutions in public administration and the economy. In his comments, the president stressed the need for more active deployment of artificial intelligence in industry, as well as progress in developing digital payment infrastructure. According to Tokayev, the National Bank has already created a digital financial ecosystem that includes interbank QR payments and transfers, as well as settlements using the digital tenge. “This significantly reduces costs by shortening the chain of payment intermediaries. The requirement for all banks to connect to this infrastructure is enshrined in law, but the largest banks are delaying compliance,” the president said. Since September 2025, a unified QR code system for interbank payments has been operating in Kazakhstan. The service allows users to pay for goods and services through mobile banking applications. Customers simply scan a QR code at a merchant’s terminal and confirm the transaction. Initially, the service was available to clients of three banks. At present, 15 banks have signed participation agreements, although only six have completed technical integration with the system. The remaining institutions are required to connect by July 18, 2026. Speaking in November 2025, National Bank Chairman Timur Suleimenov said the rollout had been slowed by both technical and market issues, adding that large financial ecosystems were reluctant to share payment traffic. He also described the digital tenge as a tool for transparency and control in public spending rather than a competitor to commercial banks’ own payment products. Tokayev also emphasized that the widespread adoption of artificial intelligence technologies in the real economy is a strategic priority. He linked this goal to the country’s technological sovereignty and called for accelerating the digitalization of the state apparatus. According to the president, more than 90% of public services in Kazakhstan have already been moved online, yet many government information systems remain insufficiently integrated. “Speed and quality must be the priority at every stage. It is data that needs to flow, not people,” Tokayev said. He added that digital transformation is incompatible with outdated bureaucratic practices. “Digitalization and bureaucracy are as incompatible as ice and fire. We cannot force modern technologies to fit into old administrative models,” the president stated. Tokayev also expressed concern about the pace of Kazakhstan’s digital transformation. “I read news about the development of artificial intelligence; it is advancing so rapidly that I am becoming anxious about Kazakhstan’s digital future. It seems to me that the digitalization process is slowing down,” he noted. The Times of Central Asia previously reported that the adoption of artificial intelligence technologies in the financial sector across Central Asia remains uneven, although Kazakhstan is currently regarded as the regional leader.

President Tokayev Reaffirms Support for Gulf States During Regional Crisis

Updated March 1 - President Kassym-Jomart Tokayev sent messages of support to the leaders of the United Arab Emirates, Saudi Arabia, Qatar, Bahrain, Kuwait, and Jordan reaffirming Kazakhstan’s solidarity with their peoples during what he described as a “difficult period of profound challenges.” Messages were conveyed on Saturday to the leaders of the United Arab Emirates, Saudi Arabia, Qatar, Bahrain and Kuwait, underscoring Kazakhstan’s commitment to the sovereignty and security of its partners in the Arab world. The information was confirmed by presidential adviser and press secretary Aibek Smadyarov, according to Qazinform. On Sunday, Tokayev sent a similar message to Jordan’s leadership, extending the same assurances of solidarity and support. In addition, Tokayev held a phone call with the Amir of Qatar, Sheikh Tamim bin Hamad Al Thani, during which the sides discussed the evolving situation in the Middle East and emphasized the importance of diplomatic efforts to prevent further escalation. In the messages, Tokayev condemned any military action aimed at undermining the sovereignty and security of states that Kazakhstan regards as friendly partners. “Our country consistently advocates the resolution of all complex international issues and armed conflicts exclusively through diplomatic means,” Tokayev said. He added that Kazakhstan stands ready to provide any assistance it can and expressed hope for continued regular contact with the senior leadership of those countries, signaling Astana’s intention to maintain close political dialogue amid regional tensions. The messages are consistent with Kazakhstan’s long-standing foreign policy emphasis on multilateralism, non-interference, and the peaceful settlement of disputes. As Central Asia’s largest economy, Kazakhstan has sought to position itself as a constructive diplomatic actor while maintaining balanced relations across the Middle East and beyond.

Tokayev’s U.S. Visit Advances Kazakhstan’s Economic Agenda

The visit of Kazakh President Kassym-Jomart Tokayev to the United States provided an opportunity for targeted negotiations with major international corporations and financial institutions, centered on long-term investment, production localization, and Kazakhstan’s integration into global value chains. One of the key outcomes was the signing of an investment agreement worth approximately $180 million between Kazakhstan’s Ministry of Agriculture and Mars, Incorporated. The company plans to build a pet food production plant in the city of Alatau. The project will focus on the deep processing of agricultural raw materials and the production of high-value-added goods. Mars CEO Poul Weihrauch noted that the Kazakhstan facility will serve as a base for expanding the company’s presence in Central Asia and neighboring regions. A separate round of negotiations focused on healthcare. During talks with Ashmore Group, discussions centered on a proposal to build an international clinic in partnership with Ashmore Healthcare International and Samruk-Kazyna Invest, with the involvement of the Mount Sinai Health System as the operator. The initiative aligns with Kazakhstan’s strategy to develop medical infrastructure and medical tourism, as well as the Open Investment Partnership program targeting high-tech sectors of the economy. Aviation was another major component of the visit. At a meeting with Boeing executives, Tokayev confirmed the interest of Kazakh carriers Air Astana, SCAT Airlines, and VietJet Qazaqstan in expanding cooperation. Air Astana expects to receive Boeing 787 Dreamliner aircraft in the second half of 2026, which could pave the way for the launch of direct flights between Kazakhstan and the U.S. SCAT, meanwhile, is considering both the acquisition of additional aircraft and the establishment of its first maintenance and repair center at Shymkent Airport in partnership with an American company. The visit concluded with negotiations involving the U.S. International Development Finance Corporation (DFC). Its CEO, Ben Black, said Washington views Kazakhstan as a key partner in Eurasia. The discussions focused on projects in the mining sector and the development of transport and transit infrastructure critical for regional and interregional trade. According to the World Investment Report 2025 (UNCTAD), Kazakhstan overwhelmingly dominates foreign direct investment (FDI) in Central Asia. In 2024, Kazakhstan’s inward FDI stock stood at about $151 billion, far exceeding Turkmenistan (about $45 billion), Uzbekistan (about $17 billion), and Kyrgyzstan and Tajikistan (around $4 billion each). The negotiations in Washington point to Kazakhstan’s focus on building long-term institutional partnerships rather than pursuing isolated investment deals, a signal intended to reassure international investors about the stability and openness of the market. As previously reported by The Times of Central Asia, Tokayev also took part in the inaugural meeting of the Board of Peace in Washington, where Kazakhstan signaled its willingness to contribute to Gaza’s reconstruction and broader stabilization efforts, including potential financial support and participation in peacekeeping initiatives.