• KZT/USD = 0.00220
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00220
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00220
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00220
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00220
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00220
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00220
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00220
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
09 September 2026

Viewing results 1 - 6 of 38

Almaty and Astana Set to Retain Central Asia’s Economic Lead

Almaty long combined Kazakhstan’s political and commercial functions and established itself as Central Asia’s leading business center. After Astana became Kazakhstan’s capital, the two cities developed increasingly complementary roles, with Almaty remaining the region’s largest business and financial hub while Astana accumulated political, institutional and corporate weight. Kazakhstan’s updated figures put Astana’s growth at about 10% and Almaty’s at about 5%. Together, the two cities generated roughly $107 billion in 2025. Together, they have become a two-city engine anchoring much of Central Asia’s commerce. Almaty and Astana benefit from an economic scale unmatched elsewhere in Central Asia. Kazakhstan alone accounts for more than half of the region’s GDP and roughly two-thirds of its inward FDI stock, according to TCA’s Central Asia Balance Sheet. That scale helps generate the fiscal resources needed to build and maintain the municipal infrastructure that supports business activity. Kazakhstan also has Central Asia’s most developed capital markets. The combination of the Kazakhstan Stock Exchange (KASE) in Almaty and the Astana International Financial Centre (AIFC) and Astana International Exchange (AIX) in Astana gives companies access to equity, debt, institutional investors and financial infrastructure at a scale no other market in the region currently matches. Kazakhstan is also the only Central Asian country with an investment-grade sovereign rating, lowering the country-risk premium and helping reduce financing costs for companies and projects relative to lower-rated regional markets. These advantages have been reinforced over decades. Almaty and Astana have long served as regional bases for major global companies, creating an established ecosystem of corporate management, finance, professional services and skilled labor. That track record, in turn, strengthens their ability to attract further investment and regional headquarters. Tashkent and Bishkek are also growing rapidly Then there is Tashkent. Uzbekistan’s political and commercial capital had an economy of about $29 billion in 2025, about 40% the size of Almaty’s and three-quarters that of Astana. Tashkent has also experienced rapid growth, with its economy growing by 11.3% in real terms in 2025, according to preliminary national figures. Tashkent benefits from Uzbekistan’s demographic scale. The country’s population is almost twice Kazakhstan’s, giving its capital access to a much larger domestic market and labor pool. But that scale also raises the need for sustained job creation and continued investment in housing and infrastructure. If productivity and investment fail to keep pace with population growth, the demographic advantage could increasingly act as a constraint rather than help Tashkent close the gap with Almaty and Astana. Almaty and Astana, meanwhile, generate substantially more economic output per resident. In 2025, Gross Regional Product (GRP) per capita was approximately $29,900 in Almaty and $23,700 in Astana, compared with about $9,300 in Tashkent, using reporting-year average exchange rates. These figures measure output per resident, not labor productivity, household income or living standards. Like Tashkent, Bishkek combines the roles of political capital and principal economic center. On the reporting years used here, however, its economy is only about 30% as large. Its economy grew by 15.8% in 2024, according to Kyrgyzstan’s...

A Little Bit of America at the World Nomad Games

The “Universe of Nomads” ethno-town at the 6th World Nomad Games contains roughly 500 yurts spread across the mountain pasture at Kyrchyn, beneath the forested slopes of the Kungey Ala-Too Mountains. Among them, visitors may be surprised to come across the Stars and Stripes flying beside the Kyrgyz flag at the entrance to one particular yurt. Nearby, a cardboard cowboy with a hole where the face should be invites them to poke their heads through for a photograph. Inside, a Kyrgyz host in a cowboy hat welcomes visitors and introduces them to the Founding Fathers and, indeed, Mothers of the United States before inviting them to pose on a bale of hay beside a cutout of George Washington and a covered-wagon backdrop. The U.S., it turns out, is represented by two adjacent yurts, and Katarina Lage Ramos, a diplomat and spokesperson for the U.S. Embassy in Bishkek, is on hand to explain their purpose. The historical display marks 250 years since U.S. independence. Ramos is attending the World Nomad Games for the first time, although she said the embassy has taken part in previous editions held in the country. She explained that a Blackfeet drum in the yurt had been donated by the Montana National Guard and would later be presented to Kyrgyz military representatives following a joint disaster-preparedness exercise. The Montana National Guard and Kyrgyzstan have worked together since 1996 through the State Partnership Program, with joint training in disaster relief and border security. Next door, another yurt houses a small makerspace with a 3D printer brought from the American Center in Bishkek. Ramos said such spaces give young people practical experience with programming and digital design. Based at the Bayalinov Republican Youth and Children’s Library, the center “started out as a little corner,” Ramos said, and has since expanded onto the second floor. Its 160-square-meter Maker Space was upgraded in 2019 and offers free, hands-on technology programs. Alumni and exchange participants can also organize events there without charge. A U.S. State Department grant funded an elevator at the library in 2024, allowing people with disabilities to access the American Center and its programs independently. Outside the two yurts, Kyrgyz visitors, young and old, eagerly try cornhole and a mini, kid-sized lacrosse game. Cornhole is a simple DIY game in which players throw beanbags toward a hole cut into a wooden board. With roots in games played by Indigenous peoples of North America centuries before European contact, lacrosse is a convenient tie-in with the World Nomad Games. While interest in the Games grows among Western tourists, including those from the U.S., the embassy brings to Kyrchyn what Ramos called “a little bit of America.” For more from our World Nomad Games 2026 special coverage, click here.

Tokayev Congratulates Trump as Kazakhstan Marks America’s 250th Independence Anniversary

Tokayev Congratulates Trump as Kazakhstan Marks America’s 250th Independence Anniversary ASTANA — President Kassym-Jomart Tokayev congratulated U.S. President Donald Trump on the 250th anniversary of the independence of the United States, calling the milestone a symbol of the American people’s enduring commitment to freedom, equality and justice. In his message, Tokayev noted Trump’s personal contribution to the continued development of Kazakh-American relations and reaffirmed Kazakhstan’s readiness to further strengthen the expanded strategic partnership between the two countries. The Kazakh leader wished Trump success in his state duties and extended wishes of well-being and prosperity to the American people. The congratulatory message came as Kazakhstan joined U.S. Independence Day commemorations marking America’s semiquincentennial. In a separate celebration of the bilateral relationship, the U.S. Embassy in Kazakhstan announced that several prominent landmarks would be illuminated in honor of America’s 250th anniversary. The buildings include Astana’s Nur Alem sphere and Kazakhstan Temir Zholy building, as well as Almaty’s Kok-Tobe tower. The U.S. embassy described the illumination as a symbol of the U.S.-Kazakhstan relationship, noting that the anniversary also coincides with 35 years of diplomatic relations between the two countries. [caption id="attachment_51530" align="alignnone" width="2560"] Nur Alem Sphere and Kazakhstan Temir Zholy building in Astana, July 4, 2026[/caption] The coordinated gestures underscored the steady growth of ties between Astana and Washington, which have expanded across diplomacy, trade, investment, energy, security and people-to-people contacts since Kazakhstan’s independence. For Kazakhstan, the anniversary offered an opportunity to recognize a historic American milestone while also highlighting the durability of its own partnership with the United States. Together, Tokayev’s message and the illumination of landmark buildings in Astana and Almaty placed Kazakhstan among the countries marking the United States’ 250th Independence Day through official greetings and public displays of friendship.

Former Kazakh Nuclear Engineer Helps Federal Agents Bust $20 Million Fentanyl Operation

A routine vehicle delivery across the United States turned into a federal drug operation after a former Kazakh nuclear industry engineer spotted warning signs in the behavior of a customer. Serik Jaxybayev, who now works in logistics in the United States, was transporting a vehicle from Los Angeles to Minneapolis in March 2026 when the intended recipient gave him cause for alarm. According to Jaxybayev, the customer repeatedly demanded location updates, and then insisted on meeting in a parking lot rather than at the address provided for delivery. Instead of ignoring his suspicions, Jaxybayev contacted Trooper Cody Parr of the Kansas Highway Patrol and asked for the vehicle to be stopped and inspected as he passed through Kansas. That decision led to the discovery of a hidden cache of fentanyl with an estimated street value of about $20 million, according to a March 25 letter of appreciation sent to Jaxybayev by the Kansas Highway Patrol. The letter thanked him for his assistance and bravery, and said the operation had involved state and federal agents, including the FBI and the DEA. [video width="848" height="480" mp4="https://timesca.com/wp-content/uploads/2026/06/WhatsApp-Video-2026-06-02-at-19.12.02.mp4"][/video] From Nuclear Engineer to Long-Haul Driver Jaxybayev previously spent 21 years working for Kazatomprom, Kazakhstan’s national atomic company. He holds a degree from Tomsk Polytechnic University, one of Russia’s best-known engineering universities, and moved to the United States in July 2023. He later obtained approval under the U.S. EB-1 immigration category, which is used for people with extraordinary ability, outstanding professors or researchers, and certain multinational executives or managers. He received his green card in October 2024. While rebuilding his career in the U.S., Jaxybayev obtained a commercial driver’s license in the summer of 2024, and began working for Spark Prime Logistics. “I contribute to the U.S. economy,” Jaxybayev told The Times of Central Asia. “Last year, I paid around $13,000 in taxes. In the future, I want to return to working in the nuclear industry.” “My Suspicions Were Immediate” The delivery initially appeared routine. But Jaxybayev said the customer’s behavior changed as the truck approached its destination. The recipient was nervous, called repeatedly, and pressed for precise updates on the truck’s location. The request to meet away from the stated delivery address made him especially uneasy. “My suspicions were immediate,” Jaxybayev told TCA. He contacted Parr, an officer with the Kansas Highway Patrol, and asked whether law enforcement could inspect the vehicle. Parr agreed to meet him as he passed through Kansas. A Controlled Delivery When officers stopped and inspected the vehicle, they found fentanyl hidden inside it. Jaxybayev then continued the journey under instructions from law enforcement so that agents could move against the wider criminal organization. A letter of appreciation from the Kansas Highway Patrol praised Jaxybayev’s “fearlessness and courage in keeping America safe,” and stated that his actions “potentially saved hundreds of lives on the street, or thousands had the suspects chosen to use it for terrorism purposes. Your bravery in assisting State and Federal agents in taking down this criminal organization...

Tajikistan Receives Nearly $1.9 Million in U.S. Medical Equipment

Tajikistan has received nearly $1.9 million worth of medical equipment under a healthcare cooperation program with the United States, with the main focus on improving emergency care, supporting maternity hospitals, and reducing infant mortality. According to Tajikistan’s Ministry of Health, the equipment was delivered as part of the Global Health Supply Chain Program - Procurement and Supply Management (GHSC-PSM). The total value of the shipment exceeded $1.87 million. The handover ceremony took place in Dushanbe and was attended by First Deputy Minister of Health and Social Protection Salomuddin Yusufi and Carson Relitz Rocker, chargé d’affaires at the U.S. Embassy in Tajikistan. Officials said particular emphasis would be placed on equipping healthcare facilities with oxygen delivery systems and neonatal resuscitation equipment. Authorities expect the new supplies to improve the quality of emergency medical care and reduce health risks for mothers and infants. Part of the equipment has already been installed in five maternity hospitals and 11 additional medical facilities across the country. Representatives of the Health Ministry said the new equipment is especially important for intensive care and resuscitation units, where timely oxygen delivery and specialized care directly affect patient survival rates. They described the transfer as another example of long-term U.S. support for Tajikistan’s healthcare system. According to Yusufi, medical cooperation between the U.S. and Tajikistan has continued for many years and spans a wide range of areas, including equipment supplies, efforts to combat infectious diseases, sanitary and epidemiological safety, healthcare infrastructure modernization, and the training of medical personnel. Authorities in Tajikistan also expressed hope for further expansion of cooperation following the signing of a new memorandum of understanding between the country’s Ministry of Health and Social Protection and the U.S. Embassy in Tajikistan.

Uzbekistan Expands U.S. Labor Migration Talks in New York

A delegation from Uzbekistan held a series of meetings with international organizations, educational institutions, employers, and law firms during the International Migration Review Forum (IMRF) in New York, as Tashkent seeks to expand legal labor migration opportunities in the United States. According to Uzbekistan’s Migration Agency, the delegation included officials from the agency, the Ministry of Foreign Affairs, and Uzbekistan’s embassy in Washington. The push comes as labor migration remains a major part of Uzbekistan’s economy. The Central Bank of Uzbekistan said remittance inflows reached high levels in 2025, with $9.9 billion arriving through traditional money transfer systems and another $8.6 billion credited directly to bank cards through P2P transfers. That scale has made overseas employment both a household income issue and a policy priority for Tashkent. The forum opened with remarks by UN Secretary-General António Guterres and Amy Pope, director general of the International Organization for Migration (IOM), who outlined priorities for global migration policy and international cooperation. During the event, Behzod Musayev, the head of Uzbekistan’s Migration Agency, presented information on migration reforms underway in Uzbekistan, including vocational and language training programs designed to prepare citizens for overseas employment. Musayev said labor migration should be viewed as an economic necessity and an investment in human capital. The delegation also met with Ugochi Daniels, IOM’s deputy director general for operations, to discuss protecting the rights of citizens of Uzbekistan working abroad and organizational issues related to an international migration forum scheduled to be held in Tashkent. Several meetings focused on expanding cooperation with U.S. educational institutions and employers. Uzbekistan signed a cooperation agreement with Logan University in Missouri on training medical personnel for the U.S. labor market, launching joint educational programs, and developing human resources. Representatives of Missouri Trucking School discussed creating a 160-hour training program to prepare drivers from Uzbekistan according to U.S. standards and support their employment opportunities. Talks with the National Council of Agricultural Employers focused on organizing labor forums with employers and expanding seasonal work programs for citizens of Uzbekistan. The delegation also reached agreements with the recruitment organization Head Honchos on H-2A visa processing, promoting agricultural workers from Uzbekistan in the U.S., and launching preparatory programs lasting eight to ten weeks. In meetings with the New York-based law firm Ballon Stoll, officials discussed work opportunities through O, H-2A, H-2B, H-1B, and E visas, as well as stronger legal protections for citizens of Uzbekistan employed in the U.S. The U.S. route is still at an early stage and will depend on American visa rules and employer demand. Under U.S. regulations, H-2A and H-2B petitions are generally limited to nationals of countries designated by the Department of Homeland Security, though USCIS can approve petitions for workers from non-designated countries on a case-by-case basis if it determines that doing so is in the U.S. interest. The discussions follow statements made earlier this year by President Shavkat Mirziyoyev, who instructed Uzbekistan’s diplomats to begin talks with Washington on including the country in U.S. seasonal labor recruitment programs. The...