• KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
24 October 2026

Viewing results 1 - 6 of 9

Central Asia and Azerbaijan Discuss Trade Expansion at Turkmenistan Summit

The leaders of Central Asia and Azerbaijan met in Turkmenistan on October 8, with expanding trade between their countries high on the agenda. Kazakhstan's President Kassym-Jomart Tokayev called for trade among the six countries to rise to at least $20 billion, up from approximately $13 billion in 2025. The eighth Consultative Meeting of the Heads of State of Central Asia and Azerbaijan was held in the resort of Avaza, with Azerbaijan participating as a full member of the grouping for the first time. According to Tokayev, trade between the six countries accounted for just 8% of their combined trade turnover last year. He proposed that governments develop a joint action plan to increase that share. Other leaders put forward proposals for closer economic ties. Uzbekistan's President Shavkat Mirziyoyev called for greater cooperation in manufacturing and a Central Asia-Azerbaijan Business Forum in 2027, while Kyrgyzstan's President Sadyr Japarov proposed creating a shared e-commerce platform to make regional products more accessible. One problem is the insufficient integration of national markets. Even where countries share a border, trade is hampered by logistical constraints and differences in business operating conditions. Tokayev proposed bringing existing and planned cross-border trade and logistics complexes and industrial centers into a single network. The idea is to enable businesses from different countries to sell finished products to one another and produce them jointly. However, Kazakhstan's major transport projects are not designed solely for its neighbors. Astana is investing in railways and highways to increase freight transit between China, Central Asia, and Europe. The projects include the Moyynty–Kyzylzhar, Darbaza–Maktaaral, and Bakhty–Ayagoz railway lines, as well as the Aral–Caspian highway project. The Middle Corridor holds a particularly important place in these plans, running from China through Kazakhstan, the Caspian Sea, Azerbaijan, and Georgia to Europe. It allows freight to bypass Russian territory and is viewed as an alternative to traditional northern routes. Kazakhstan is now proposing to explore linking the Middle Corridor with the Trump Route for International Peace and Prosperity (TRIPP), a transport project through Armenia intended to connect mainland Azerbaijan with Nakhchivan. Plans for the route were outlined during talks in Washington in August 2025, and Armenia and the United States signed a framework agreement in June 2026. The route is to remain under Armenian sovereignty and jurisdiction. Astana has already established a technical group to assess its potential participation in TRIPP. For now, Tokayev is proposing that the integration of the two transport initiatives be discussed only at the expert level. At the Avaza summit, Turkmen President Serdar Berdimuhamedov emphasized the importance of developing North–South transport corridors alongside East–West routes. Turkmenistan also supports the eastern branch of the International North–South Transport Corridor, which connects Russia with Iran through Kazakhstan and Turkmenistan. However, an increase in freight traffic through Central Asia does not in itself mean that trade among its countries will grow. For that to happen, local producers need access to neighboring markets. The summit also addressed cooperation over shared water resources, with Tokayev proposing a regional framework...

The 43 Kilometers That Could Rewire Eurasia

The Caspian Policy Center’s Trans-Caspian Forum 2026 convened U.S. and regional officials at the National Press Club in Washington on June 10 for a discussion of peace, economic security, and durable partnerships. The forum framed a short Armenia-based link as part of a wider effort to turn the Middle Corridor into a working route for cargo, energy, data, and capital. The strategic dialogue was chaired by Dr. Eric Rudenshiold, CPC research director and senior fellow. Speakers included Aryeh Lightstone, Senior Advisor to the Board of Peace and to Ambassador Steve Witkoff; Hikmet Hajiyev, Assistant to Azerbaijan’s president and foreign-policy department head; Yerzhan Kazykhan, Kazakhstan’s presidential representative for U.S. negotiations; Javlon Vakhabov, deputy adviser to Uzbekistan’s president on foreign policy; and Edil Baisalov, Kyrgyzstan’s ambassador to the United States and presidential special envoy. The meeting came as Washington tries to turn the Armenia-Azerbaijan thaw, the C5+1 critical minerals agenda, and private-sector interest into routes that can move cargo, energy, data, and capital across the Caspian. The discussion cast the Middle Corridor as the main strategic alternative linking Central Asian production to western markets. The Trump Route for International Peace and Prosperity (TRIPP) refers to a planned 43-kilometer link through southern Armenia’s Syunik province, near Meghri and the Arax River, that would connect Azerbaijan with its Nakhchivan exclave. With rail, road, energy, and digital infrastructure, TRIPP is intended to plug into the wider Trans-Caspian route from Central Asia through Azerbaijan and Türkiye to Europe. Aryeh Lightstone opened by placing connectivity inside the Trump administration’s peace and economic-security agenda. His remarks tied Armenia-Azerbaijan diplomacy, the Board of Peace, and the Abraham Accords to the claim that commerce can reinforce peace where standard diplomacy stalled. Lightstone shifted the subject from maps to execution. Customs, regulatory harmonization, digital trade platforms, border procedures, and bankable investment vehicles will decide whether the Middle Corridor becomes a reliable system, he said. His reference to a TRIPP Plus Enterprise Fund pointed to U.S. structures that can move from declarations to projects. Hikmet Hajiyev presented Azerbaijan as the hinge of that system. The Caspian, he argued, does not separate Azerbaijan from Central Asia, but unites them. His line that C5+1 was mathematics while the C6 was chemistry captured Baku’s framing. Azerbaijan is positioning itself as a logistical and strategic extension of Central Asia, connected through Turkic institutions, energy routes, rail, ports, aviation, and digital links. Hajiyev described the Middle Corridor as moving from a supplementary transit route into a strategic geoeconomic system, linking Baku-Tbilisi-Kars rail capacity, Baku port, Nakhchivan, TRIPP, and the planned Trans-Caspian fiber-optic cable with Kazakhstan. Ambassador Kazykhan presented Kazakhstan’s strategic value as something built over time and backed by material capacity, not diplomatic positioning alone. Kazakhstan is by far the region’s largest economy, with the IMF projecting 2026 GDP of about $360 billion. Kazykhan said more than 600 American companies operate in Kazakhstan and cumulative U.S. investment has surpassed $100 billion. Kazakhstan also supplies about 24% of U.S. uranium imports and has reserves or production capacity linked...

Washington Links TRIPP and Jackson-Vanik Repeal in Push Toward Central Asia

A notable strategic shift is taking place in U.S. foreign policy, one that could have a long-term impact on the economic architecture of Eurasia. After decades in which Central Asia and the South Caucasus were viewed largely through the lens of security, counterterrorism, and competition with Russia and China, Washington is increasingly emphasizing trade, investment, transport routes, and access to critical minerals. One of the clearest signs of this shift came during a recent hearing before the U.S. Senate Foreign Relations Committee, where Senator Steve Daines and Secretary of State Marco Rubio discussed the implementation of the U.S.-backed Trump Route for International Peace and Prosperity (TRIPP) framework, as well as the need to remove the outdated Jackson-Vanik trade restrictions. At first glance, these may appear to be separate issues: the peace process in the South Caucasus and Cold War-era trade legislation. In reality, however, they are closely connected. Together, they point to a broader U.S. effort to link Central Asia, the South Caucasus, and Western markets through trade, transport, and investment. In recent years, Republican Senator Steve Daines of Montana has emerged as one of the most active advocates of expanding America’s presence in Central Asia. As co-chair of the Senate Central Asia Caucus and one of the leading proponents of legislative efforts to repeal Jackson-Vanik restrictions, Daines has consistently argued for stronger trade and investment ties between the United States and the countries of the region. During the hearing, Daines placed particular emphasis on the importance of the Armenia-Azerbaijan peace process, describing it as one of the most underappreciated diplomatic efforts of recent years. According to the senator, resolving the conflict could open the door to a large-scale economic transformation of the wider region. Particularly noteworthy was his reference to a geopolitical concept associated with former U.S. National Security Advisor Zbigniew Brzezinski. In Daines’ formulation, Central Asia represents the “bottle,” while Azerbaijan serves as its “cork.” Opening transport routes through the South Caucasus, he argued, would allow flows of oil, gas, critical minerals, and other resources to move toward Western markets rather than toward Russia, China, or Iran. Daines said this approach helped address some of the most difficult issues in the Armenia-Azerbaijan settlement process and laid the foundation for what he called a “landmark agreement” after nearly four decades of conflict. Secretary of State Marco Rubio described TRIPP as an initiative capable of fundamentally transforming Armenia’s economic role in the region. According to Rubio, the framework not only addresses the issue of transport access, which had long been a source of disagreement between Baku and Yerevan, but also creates an opportunity for Armenia to become a major trade and logistics hub connecting Europe and Asia. Rubio described TRIPP as central to the Armenia-Azerbaijan settlement framework, emphasizing that the project could generate substantial investment flows and attract U.S. companies to infrastructure and transport projects across the region. Washington’s argument is that trade, transit, investment, and infrastructure can give the political settlement a stronger economic base. Unlike many previous peace...

Kazakhstan Looks to Armenia for a Future Middle Corridor Branch

Kazakhstan’s deepening engagement with Armenia has made TRIPP, part of the Armenia–Azerbaijan peace formula, a practical question for the Middle Corridor. The Armenia–U.S. implementation framework published in January presents the Trump Route for International Peace and Prosperity (TRIPP) as a project for unimpeded, multimodal transit connectivity on Armenian territory. The means for its realization remain under discussion. TRIPP has thus become relevant to Kazakhstan, even though Astana is not a direct party to the prospective Armenia–Azerbaijan settlement. Recent Kazakhstani diplomacy with Baku and Tbilisi has confirmed that the existing Azerbaijan–Georgia route remains the operative western channel of the Middle Corridor. A route through Armenia would not replace the Azerbaijan–Georgia line; it would widen the Middle Corridor’s western options. If constructed, it would link the main body of Azerbaijan with Nakhchivan and open new transit opportunities from Central Asia and the Caspian to Europe. Astana Brings Yerevan into the Route System Armenian Prime Minister Nikol Pashinyan visited Astana in November 2025. His talks with President Kassym-Jomart Tokayev emphasized economic sectors, including trade, infrastructure, transport, agriculture, and air transport, together with humanitarian sectors such as education and culture. The official Armenian account also recorded the leaders’ interest in unblocking regional communications, importing wheat from Kazakhstan to Armenia by rail, and bringing TRIPP to life. Tokayev described the first shipment of Kazakhstani wheat reaching Armenia through Azerbaijan as having both political and economic significance. The cargo moved along existing lines, through Russia, Azerbaijan, and Georgia. Astana’s April 2026 Regional Ecological Summit showed the same regional widening from another angle: it brought Armenia, Azerbaijan, and Georgia into a forum that connected environmental pressure with economic security and regional cooperation. The Kazakhstan–Armenia agenda has since become more specific. Foreign Minister Yermek Kosherbayev visited Yerevan as part of an official delegation earlier this month. Kosherbayev’s presence gave the visit added weight, bringing recent cabinet experience and a record on politically sensitive regional issues rather than merely protocol standing. His talks with Foreign Minister Ararat Mirzoyan on April 8 extended the discussion to a broader institutional basis, including the bilateral Intergovernmental Commission and the Kazakhstan–Armenia Business Council. The two parties agreed that transit and logistics interconnectivity create new opportunities for market integration between Central Asia and the South Caucasus. The talks did more than raise the bilateral profile. They brought Armenia closer to the network already carrying Kazakhstan’s westbound trade. Regional connectivity received more detailed treatment on April 9, when Kosherbayev met with Pashinyan to discuss transport, transit, and trade within the 2026–2030 Roadmap for Trade and Economic Cooperation. Kosherbayev also reaffirmed Kazakhstan’s interest in long-term agricultural exports, especially grain and meat, and informed the Armenian side about measures to establish regular direct air connections. These meetings showed Astana and Yerevan moving toward the same practical premise: Armenia may become part of the wider route system. TRIPP Becomes a Middle Corridor Question Azerbaijan has completed infrastructure up to the Armenian border, but TRIPP has not yet begun construction through Armenia itself. It remains tied to the Armenia–Azerbaijan...

Kazakhstan and Azerbaijan Are Reinforcing the Middle Corridor’s South Caucasus Link

On April 7 Kazakhstan’s Foreign Minister Yermek Kosherbayev visited Tbilisi to hold talks with Georgian Foreign Minister Maka Bochorishvili and sign a 2026–2027 foreign-ministry cooperation program. He called Georgia “a key link” in the Europe–Asia transport architecture and said the common task was to raise corridor capacity, improve service predictability, and ensure tariff transparency. The materialization of the bilateral cooperation is already evident from last June’s opening of the Poti multimodal terminal by a joint Kazakhstani-Georgian company. The real meaning of Kosherbayev's discussions in Tbilisi lies in their context. On April 2 in Baku, Prime Minister Olzhas Bektenov said Kazakhstan plans an intergovernmental agreement with Azerbaijan this year to strengthen the status of the Middle Corridor (also known as the Trans-Caspian International Transport Corridor, TITR), and he proposed moving quickly on the Digital Monitoring Center under the Organization of Turkic States (OTS). On April 6 in Tbilisi, Azerbaijani President Ilham Aliyev called the Azerbaijan–Georgia segment the corridor’s “main transport artery.” Then on April 8 in Baku, Aliyev received Kosherbayev together with Kazakhstan’s transport minister. The official readout ranged from the Middle Corridor to joint investment, green-energy, and fiber-optic projects. Kosherbayev’s April 7 stop in Tbilisi thus belongs to a short Kazakhstan-led diplomatic run across the corridor’s western nodes. Kazakhstan and Azerbaijan Tighten the Corridor Kazakhstan’s early-April engagement in the South Caucasus rests on its eastward-looking framework with China. Two China–Kazakhstan documents were already in evidence in October 2023: a Memorandum of Understanding (MoU) on deepening the development of the China-Europe Railway Trans-Caspian route, and an intergovernmental agreement on developing that route. China’s National Development and Reform Commission (NDRC) subsequently clarified that the agreement focused on stronger transit organization, fewer administrative barriers, and improved logistics and transport operations. In July 2024, Kazakhstan’s President Kassym-Jomart Tokayev and his Chinese counterpart Xi Jinping jointly attended the opening of the Trans-Caspian direct fast transport service; NDRC then recorded a work mechanism with Kazakhstan’s transport ministry to carry that cooperation forward. On January 1, the first Trans-Caspian train of 2026 departed Xi’an for Baku carrying 45 containers of photovoltaic equipment. Chinese reports assert that the route had accumulated 466 runs by the end of November 2025, moved onto a weekly six-outbound and three-inbound timetable, and cut travel times from the roughly 20-day average recorded in 2025 to a standard 15 days, with the fastest runs taking 11 days. On April 3, it was also reported that there were 85 Xi’an Trans-Caspian trains in the first quarter of 2026, up 150% year-on-year, while the Kazakhstan–Xi’an terminal in Almaty handled more than 6,000 containers in that quarter alone, a 60% increase from a year earlier. A separate quasi-official Chinese trade-services portal reported that Trans-Caspian trains had reached daily service and that 371 such trains had run in January–October 2025, up 33%. China’s NDRC also said in late 2025 that Aktau and Baku should be strengthened as hub nodes in this corridor system. Azerbaijan is the indispensable partner without which the route’s western logic does not function. Bektenov’s...

Opinion: Mirziyoyev in Washington – New Deals Expected Amidst Peace Diplomacy

The President of Uzbekistan, Shavkat Mirziyoyev, has arrived on a working visit to Washington to participate in the inaugural meeting of President Trump’s Board of Peace on February 19, 2026, alongside the Presidents of Kazakhstan, Azerbaijan, and other heads of state. Against a backdrop of deep geopolitical tensions and raging conflicts across the world, Mirziyoyev’s second visit to the White House in less than four months suggests that U.S.-Uzbekistan relations are at their strongest in decades. Mirziyoyev will be joined by Uzbekistan’s Foreign Minister, Minister of Investments, Industry and Trade, and other high-ranking officials. Uzbek Ambassador to the U.S. Sidikov and his team have been working around-the-clock for over two weeks, gearing up for the Trump–Mirziyoyev meeting. President Mirziyoyev’s objective will be to elevate U.S.-Uzbek relations from a constructive relationship to a fully functional, deal-oriented partnership with a focus on capital flows and bilateral trade.  In addition to his desire for regional stability in West Asia, his signing up for the Board of Peace should be understood as indicating his desire to advance trade and investment and flows into Uzbekistan. The Uzbeks are keen to nail down new money and capital guarantees to fund infrastructure along the U.S.-brokered “Trump Route for International Peace and Prosperity,” aka, the Zangezur Corridor between Armenia and Azerbaijan (TRIPP) – a roughly 27-mile-long piece of land that links Europe to Central Asia and beyond through the Caucasus. TRIPP matters to Trump because it advances two goals at once: stabilizing the South Caucasus while more fully integrating U.S. trade with Uzbekistan and the Trans-Caspian International Transport Route (TITR)—a multimodal, 4,000 km transport network connecting China and East Asia with Europe via Kazakhstan, the Caspian Sea, Azerbaijan, Georgia, and Turkey. Apart from the issues on the Board of Peace agenda, Mirziyoyev will push for ironclad U.S. commitments and cold, hard cash for transport corridors and their downstream beneficiaries. Two big reasons driving Mirziyoyev ‘s thinking: first, Uzbekistan is one of only two double-landlocked countries in the world, the other being Liechtenstein—and second, Trump’s desire to nail down a peace agreement between Armenia and Azerbaijan, thereby resolving a long-standing territorial dispute that has taken thousands of lives. Mirziyoyev knows that Trump sees TRIPP as a path to lasting peace and regional prosperity across the broader region, which fits into the Board of Peace narrative. Trump has referenced TRIPP repeatedly over the past year, and Mirziyoyev is well aware of this.  At UNGA last September 23, 2025, Trump said: "President Mirziyoyev is a terrific leader, and with this TRIPP corridor, Uzbekistan is going to see massive trade flowing through – it's going to connect them directly to new markets without all the old hassles." And as Trump said on November 7, 2025, at the C5+1 Summit in Washington: "I've got great respect for President Mirziyoyev – he's doing amazing things in Uzbekistan. The Trump Route, i.e., the TRIPP, is perfect for them; it's going to cut transit times and costs, making Uzbekistan a powerhouse in regional trade." Mirziyoyev is paying...