• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00191 -0%
  • TJS/USD = 0.10838 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00191 -0%
  • TJS/USD = 0.10838 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00191 -0%
  • TJS/USD = 0.10838 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00191 -0%
  • TJS/USD = 0.10838 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00191 -0%
  • TJS/USD = 0.10838 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00191 -0%
  • TJS/USD = 0.10838 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00191 -0%
  • TJS/USD = 0.10838 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00191 -0%
  • TJS/USD = 0.10838 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
11 November 2025

Viewing results 1 - 6 of 3

How Could the Armenia-Azerbaijan Peace Accord Benefit Central Asia?

On August 8, Armenia and Azerbaijan signed a peace accord in Washington and committed to the construction of the Trump Route for Peace and Prosperity, a trade route that bisects Armenia, connecting the two parts of Azerbaijan. The deal may have far-reaching repercussions on the other side of the Caspian, potentially diversifying the Trans-Caspian Middle Corridor by allowing travel from Azerbaijan, through Armenia, and onwards to Turkey. The upbeat mood music may be premature, however. There remain numerous political hurdles to be jumped before any construction can commence, and the entry of the United States into a region where Russia, Iran, and Turkey all have interests could have unintended consequences. “It’s certainly an opportunity, but there are risks,” said Azerbaijani political analyst and non-resident fellow at the China-Global South Project, Yunis Sharifli. “The United States can be a stabilizing force, but it could go in the opposite direction. It can also create a spoiler.” The Problem Armenia and Azerbaijan have maintained ice-cold relations for almost their entire existence as independent states. For over three decades, they tussled over the status of Nagorno-Karabakh, a land which lies in the internationally recognized territory of Azerbaijan, but was, upon independence, populated mainly by Armenians. As well as costing thousands of lives and leading to hundreds of thousands of displaced persons, the enmity has also led to shuttered frontiers, which have choked trade across the South Caucasus. Armenia’s borders with both Azerbaijan and Turkey have been closed since 1993. While Armenia has been cut off from two of its four neighbors, Azerbaijan has also been severed in two, with the exclave of Nakhchivan, which borders Turkey, separated from the rest of the country by a sliver of Armenian territory, just 20 miles wide at its narrowest point. Conflicts in 2016, 2020, and 2023 saw Azerbaijan push Armenian troops from the region, with hundreds of thousands of Armenians fleeing Nagorno-Karabakh in fear of Azerbaijani reprisals. Since then, Baku has used its vast military superiority and geopolitical advantage to try to strongarm Armenia into accepting the construction of a corridor across its territory, threatening to use force on numerous occasions if Yerevan did not agree to its demands. The Solution Starting early this year, the United States began facilitating secretive negotiations between the pair, stepping into the vacuum left by Russia. The Kremlin has been sidelined from the process amid its deteriorating relations with both sides – many Armenians view Moscow as having betrayed them in the conflicts of 2020 and 2023, while Azeri-Russian relations have frayed significantly since the shooting down of Azerbaijan Airways Flight 8243 to Grozny earlier this year. The timing of the signing ceremony, on the anniversary of the Russian invasion of Georgia in 2008, was perhaps designed to reflect this shift in geopolitical alignment in the South Caucasus. Baku and Yerevan have signed up to a project which will see the construction of the corridor run by a U.S. private company, but under the laws of the Republic of Armenia. The...

Armenia’s PM to Visit Kazakhstan Amid Historic Peace Breakthrough and Economic Opportunities

Astana is preparing to host Armenian Prime Minister Nikol Pashinyan on an official visit scheduled for late 2025. On August 12, President Kassym-Jomart Tokayev had a call with Pashinyan, during which, according to an official statement, he praised the "outstanding qualities" of the Armenian Prime Minister, "as a politician with strong political will and a strategic vision of the national interests of his state." The forthcoming trip follows what U.S. Secretary of State Marco Rubio described as "the beginning of a peace deal" between Armenia and Azerbaijan, which was signed in Washington, D.C. on August 8, 2025, marking a pivotal moment in the South Caucasus after decades of conflict. At the White House, Pashinyan and Azerbaijani President Ilham Aliyev signed a framework pledging to respect each other’s territorial integrity, renounce the use of force, and dissolve the long-standing OSCE Minsk Group mediation format. The agreement also approved the creation of a major transit corridor — dubbed the Trump Route for International Peace and Prosperity (TRIPP) — linking Azerbaijan’s mainland to its exclave of Nakhchivan via Armenian territory. Kazakh President Kassym-Jomart Tokayev welcomed the accord as a “historic achievement” that not only ends a decades-long military standoff but also creates space for a deeper regional economic and diplomatic reset. In recent talks, Pashinyan briefed Tokayev on the details of the framework, the decision to dissolve the Minsk Group, and the TRIPP initiative. Both leaders emphasized the potential for new investment opportunities emerging from the stability the deal promises to bring and agreed to maintain an active political dialogue. For Kazakhstan, the visit reinforces its positioning as a neutral mediator between Eurasian powers, willing to offer diplomatic platforms for peace talks. In May 2024, Astana hosted ministerial-level Armenia–Azerbaijan negotiations in Almaty. With the TRIPP corridor set to enhance connectivity across the South Caucasus, Kazakhstan’s role in facilitating regional integration could expand beyond mediation into infrastructure, trade, and energy cooperation. Economically, the corridor offers Armenia new opportunities to become a transit hub between Central Asia and Europe, while Kazakhstan could benefit from more direct westward routes for its exports. Previous bilateral meetings have already laid the groundwork for business forums and joint initiatives in transport, technology, and investment, and the visit could provide the political momentum needed to bring these plans to fruition. Challenges remain, however. In Armenia, nationalist factions have criticized the peace deal, with border demarcation and the fallout from the Second Nagorno-Karabakh War remaining sensitive issues. Iran has also expressed opposition to the TRIPP corridor, citing concerns over shifting regional influence. Yet both Yerevan and Astana appear determined to use the current diplomatic window to solidify long-term cooperation. As the South Caucasus recalibrates, Pashinyan’s upcoming visit to Astana will test whether the political optimism generated in Washington can translate into tangible projects. For Kazakhstan, this presents an opportunity to deepen bilateral ties, demonstrate its growing influence as a stabilizing force, and secure a stake in the region’s new economic and geopolitical landscape.

Kazakhstan Works with Armenia and Azerbaijan for South Caucasus Peace

By Robert M. Cutler On May 10–11, Kazakhstan's President Kassym-Jomart Tokayev hosted peace talks between the Azerbaijani and Armenian foreign ministers. These constructive negotiations were strictly bilateral, with Kazakhstan absent from the room and only providing the venue for the meeting. The event illustrates the dedication by Tokayev and his foreign policy to regional stability and mediation. Kazakhstan has done this sort of thing in the past; it hosted Russia–Turkey–Iran talks over Syria until last year. It was also mentioned as a place for bilateral Russia–Ukraine negotiations, although that idea never materialized.   Armenia's Future is in the South Caucasus and Asia Tokayev had offered to provide the venue during his first official visit to Armenia, which took place on April 15 this year. His trip to Armenia may in retrospect be seen as a turning point. Former President Nursultan Nazarbayev had been forced to cancel a visit in 2016, following protests in Yerevan against Astana's support of Baku in the Karabakh conflict. Armenia’s participation in the new peace efforts, now under way for a couple of years, marks a significant shift after decades of rejecting such cooperation. It offers the prospect of renewed regional relations. Under Prime Minister Nikol Pashinyan, Armenia has lately been trying to shift its foreign policy, reaching out to Western countries such as France and the U.S. in order to decrease its long-standing dependence on (some would say, vassalage to) Russia. But Armenia is a state in the South Caucasus, not in Europe or America. For this reason, the state’s objective interests (as opposed to those of the far-flung diaspora) are geopolitically compatible with those of Azerbaijan and Turkey, and also of Kazakhstan more distantly. Astana’s ties with Baku and Ankara, and Azerbaijan’s strengthening of its own ties with Central Asia, reflect strategic manoeuvring in the region. These partnerships enhance Kazakhstan's and Turkey's roles in promoting stability and development in the South Caucasus. They consequently offer Armenia a new path to prosperity. Peace with Azerbaijan would lead to the lifting of the Turkish embargo on Armenia and open the possibility of Armenia's integration into the Trans-Caspian International Trade Route (TITR, "Middle Corridor"). Such an opening would further widen Armenia's diplomatic vistas and decrease its dependence on Russia. Turning to Europe and the U.S. can offer some advantages, but Armenia must be cautious of the influence of a bellicosely irredentist Armenian diaspora, whose interests are not first and foremost the well-being of Armenians living in Armenia. Prioritizing regional integration and cooperation with its South Caucasus neighbours and other TITR participants will enable Armenia proper to build a more stable and prosperous future.   Infrastructure and Connectivity Initiatives With the assistance of the international financial institutions, the European Union and Central Asia are developing the TITR as a critical trade corridor that will also contribute significantly to the prosperity and stability of the countries lying along its route. Azerbaijan and Kazakhstan have long been key players in the promotion and realization of this plan. The Middle Corridor,...