Abu Dhabi private equity firm Gulf Capital and a subsidiary of Kazakhstan’s sovereign wealth fund have established an $800 million fund to drive investments in Central Asia. The partnership between the Qazaqstan Investment Corporation (QIC) and Gulf Capital will include the expansion of the UAE firm’s portfolio companies in Kazakhstan, with the support of the […]
Kazakhstan Outlines Priorities for Aral Sea Conservation
Kazakhstan’s Prime Minister Olzhas Bektenov met with representatives of Central Asian countries to discuss the priorities of the International Fund for Saving the Aral Sea (IFAS) during Kazakhstan’s chairmanship. At a meeting in Astana on 18 September, Bektenov presented the key objectives for IFAS, which include promoting integrated water resource management, addressing environmental and socio-economic […]
The first meeting of the Board of the International Fund for Saving the Aral Sea held in Astana
On 18 September 2024, Astana hosted the first meeting of the Board of the International Fund for Saving the Aral Sea (IFAS) within the framework of the Kazakhstan’s chairmanship. According to the Press Service of the Government of Kazakhstan, the event, chaired by Deputy Prime Minister Kanat Bozumbayev, was attended by Minister of Water Resources […]
Kazakhstan hosted second Central Asia–Germany Summit
The second Central Asia–Germany Summit was held in Astana on Tuesday, 17 September 2024. The meeting was attended by: • President of Kazakhstan Kassym-Jomart Tokayev • Federal Chancellor of Germany Olaf Scholz • President of Kyrgyzstan Sadyr Japarov • President of Tajikistan Emomali Rahmon • President of Turkmenistan Serdar Berdimuhamedov • President of Uzbekistan Shavkat […]
Joint Declaration by the Heads of State of Central Asia and the Federal Chancellor of Germany
The text of the Joint Declaration adopted following the meeting of the heads of Central Asian states (Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan) with the Federal Chancellor of Germany is published on the official website of the Federal Government of Germany. Here is the full text of the Declaration: On 17 September 2024, President of the […]
Kazakh-German summit talks in Astana – Kazakhstan and Germany are implementing investment projects worth $55 billion
On 16 September 2024, President of Kazakhstan Kassym-Jomart Tokayev and Federal Chancellor of Germany Olaf Scholz had summit talks in Astana. Tokayev called Scholz’s visit historic, as it is the first visit of the head of the German Government to Kazakhstan in the last 14 years. As Tokayev noted, Germany is one of Kazakhstan’s main […]
Central Asia and Germany – A very special kind of relationship
Tariq Saeedi Chancellor Olaf Scholz of Germany will visit Uzbekistan and Kazakhstan, 15-17 September 2024. This would be his first visit to the region. On 17 September 2024, the last day of his visit, Chancellor Scholz will participate in the C5+1 meeting in Kazakhstan. The trip comes a year after Scholz hosted the leaders of […]
Central Asia-Jiangsu Trade Center Opens in Nanjing, Boosting Regional Trade
On September 12, the opening of the Central Asia – Jiangsu Trade Center took place in the Chinese city of Nanjing, Jiangsu Province. The multi-storey Center is a multifunctional platform for Central Asian businesses to enter the Chinese market, according to the Ministry of Trade and Integration of Kazakhstan. The Central Asia-Jiangsu Trade Center will […]
Central Asian Parliaments Gather for Second Interparliamentary Forum in Uzbekistan
On September 12, 2024, the Second Interparliamentary Forum of Central Asian states kicked off in Khiva, Uzbekistan. Delegates from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan, including representatives of youth parliaments and local governments, are participating in the two-day event. In her opening remarks, Tanzila Narbayeva, Chair of the Senate of the Oliy Majlis, emphasized that […]
TIF 2024: Kazakhstan and Turkmenistan agree to expand cooperation in the gas industry
Kazakhstan and Turkmenistan have agreed to strengthen their cooperation in the gas industry. Kazakhstan’s Energy Minister Almasadam Satkaliyev met with Deputy Prime Minister of Turkmenistan Batyr Amanov and Minister of State, Chairman of the State Concern Turkmengaz Maksat Babayev on the sidelines of the Turkmenistan Investment Forum (TIF 2024) in Ashgabat. During the meeting, the […]
Arkadag Berdimuhamedov took part in the opening of the 5th World Nomad Games in Astana – The President of Kazakhstan will visit Turkmenistan in October
On 8 September 2024 the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov, at the invitation of President Kassym-Jomart Tokayev, paid a working visit to Kazakhstan to participate in the official opening ceremony of the V World Nomad Games. Meeting with the President of Kazakhstan Before the opening […]
5th World Nomad Games Astana 2024 – there is more than meets the eye
All of us were nomads at the dawn of our existence as a species of primate. Deep in our hearts, we are still nomads. Central Asia is among the few regions in the world where the people have embraced modernism and progress without deleting their nomadic past. Century after century, the nomads from Central Asia […]
Federal Chancellor Scholz to visit Uzbekistan and Kazakhstan – Kazakhstan to host Central Asia + Germany summit
Federal Chancellor of Germany Olaf Scholz will visit Uzbekistan and Kazakhstan from September 15 to 17 and take part in the Central Asia + Germany summit, says the statement, published on the official website of the Federal Government of Germany. According to the report, this will be Scholz’s first trip to Central Asia. The Federal […]
Decrease in water level of Caspian is more problematic for Kazakhstan and Russia
nCa Report The level of the Caspian Sea has been decreasing and it is a common problem for all of the littoral states. There are joint efforts to reverse the phenomenon. The shallowing of the sea is more obvious in the sectors of Kazakhstan and Russia. According to a report by Turan.az, published on 5 […]
Downstream countries in Central Asia undertake mitigation efforts to prevent water scarcity
nCa Report Central Asia is facing a looming water crisis, driven by demographic growth and increasing agricultural demands. According to the World Bank, the region’s population is projected to reach 90 million by 2050, leading to water shortages of up to 25-30%. Simultaneously, agricultural water consumption is expected to rise by 30% within the next […]
Kazakhstan and Uzbekistan Explore Joint Space Satellite Launch
Kazakhstan and Uzbekistan are considering a collaborative effort to launch a space satellite. According to the Ministry of Digital Technologies of Uzbekistan, the issue of launching a group of joint satellites into space with the participation of the two countries was discussed at a meeting of the ministerial delegation in Astana on the sidelines of […]
Turkish construction companies implemented projects in Turkmenistan worth over $53 billion
Since 1972 to August 2024, the Turkish contracting sector has implemented 12,277 projects in 137 countries, the Anadolu agency reports, citing the Turkish Ministry of Commerce. At the same time, most of the projects were carried out in Russia. The cost of contract projects implemented in Russia has reached $102.3 billion. Turkmenistan is a close […]
New Center for Central Asian Studies Opens in Indonesia
The first-ever Center for Central Asian Studies has been established at the University of National Development of Indonesia in Jakarta, Kazakhstan’s Ministry of Foreign Affairs reported. The center’s focus will be on studying the potential, socio-political, socio-economic dynamics within Kazakhstan and other Central Asian states. It will also promote mutual investment, trade, economic, cultural, and […]
The 4th Conference of Regional Cooperation on Border Security in Central Asia “Issyk – Kul initiative” 2024 held in Latvia, Riga
Since 2011, under the BOMCA organized framework of the “Issyk-Kul Initiative”, Central Asian border agencies come together regularly in a regional forum for cooperation and information exchange in the field of border security in Central Asia. The 4th Conference of Regional Cooperation on Border Security in Central Asia ‘Issyk – Kul Initiative’ 2024 was held […]
Kazakhstan will replace subsidies for agriculture sector with easy credits, other measures
At the start of the 33rd session of the parliament of Kazakhstan, President Tokayev has asked for some bold measures to uplift the agriculture sector. Here is the relevant portion of his address to the lawmakers : An extremely important task is to attract investment to the agro-industrial complex. Despite the consequences of the floods, […]
Improvement in investment climate and ease of doing business on agenda for parliament of Kazakhstan
President Tokayev of Kazakhstan, at the start of the 33rd session of the parliament, gave the detailed guidelines to the lawmakers for the current legislative work. Here is the relevant portion from his speech related to the investment climate and conditions for doing business : It is important to constantly work on improving the investment […]
President of Kazakhstan asks parliament to rehash tax laws
President Tokayev of Kazakhstan, in his landmark address to the lawmakers at the start of the 33rd session of the parliament has called for rehash of the tax laws. It is noteworthy that some major amendments to the Tax Code of Kazakhstan were already introduced in December 2023. The presidential speech of 2 September 2024 […]
Kazakhstan’s Oil Industry: A Century of Growth
nCa Report Kazakhstan’s oil industry has a rich history dating back over a century. The country’s first oil production began in the eastern Karashungul field in 1899, with an initial daily output of 22-25 tons. The oil was transported by camel to the coast of the Caspian Sea, where it was loaded onto ships. Kazinform […]
Armenia’s business mission to Almaty: Strengthening economic ties and new transport routes via Turkmenistan and Iran
Almaty recently hosted an important event for business cooperation between Kazakhstan and Armenia — 50 Armenian entrepreneurs visited Kazakhstan with a business mission. The event, organized by the Diplomatic Club “Astana” in collaboration with the embassies of both countries, was aimed at strengthening constructive dialogue between the countries, creating additional opportunities for building business ties, […]
Kazakhstan stays focused on E-Commerce
The QazTech Alliance of Technology Companies recently held a roundtable on the digitalization of small and medium businesses in Kazakhstan, reports TengriNews. The e-commerce in Kazakhstan almost doubles every two years and currently accounts for 12.5% of total purchases. The participants of the roundtable noted the buoying role played by the digitalization of consumer services […]
Kazakhstan to Increase Middle Corridor’s Capacity to Ten Million Tons Annually
Saniya Sakenova The Kazakh government is working to implement the Roadmap to eliminate bottlenecks and develop the Trans-Caspian International Transport Route (TITR) until 2027 between Kazakhstan, Azerbaijan, Türkiye and between Kazakhstan and Georgia. This will increase the route’s capacity to ten million tons per year, the Prime Minister’s press service reported on Aug. 27. To […]
Warehouse space deficit in Central Asia estimated at 20 million m²
There is an acute shortage of warehouse space in Central Asia, which leads to a situation of zero vacancy in the market. According to Stanislav Akhmedzyanov, Managing Partner of IBC Global, the deficit of modern warehouse facilities in the region is measured in tens of millions of square meters. “If you need a high-quality modern […]
UN and Kazakhstan set to host regional conference on digital transformation
Asia and the Pacific has emerged as a hub of digital innovations, which presents unparalleled opportunity to accelerate digital inclusion and transformation for sustainable development and shared prosperity. Government leaders, Ministers, senior officials, digital experts and tech companies will gather in Astana from 3 to 5 September for the Asia-Pacific Ministerial Conference on Digital Inclusion and […]
Turkmenistan and Kazakhstan to abolish requirement of permit for road cargo movement between the two countries
Turkmenistan and Kazakhstan are ready to abolish the requirement of permit for the movement of road cargo between the two countries. According to Kazinform, the document on the Open NPA website states that cargo transportation by motor vehicles between states or transit through their territories will be carried out without permission. It should be noted […]
Diplomatic Club “Astana” Invites Turkmen Companies to Kazakhstan’s Top Exhibitions
The Diplomatic Club “Astana” invites Turkmen companies to participate in a series of prominent exhibitions taking place in Kazakhstan throughout 2024. This presents a unique opportunity for Turkmen enterprises to forge stronger international partnerships and expand their business horizons. Kazakhstan will host several major industry exhibitions this year, covering a wide range of economic sectors. […]
Kazakhstan and Türkiye sign documents worth more than USD 2 billion during visit of agriculture minister of Kazakhstan to Türkiye
The Minister of Agriculture Kazakhstan, Aidarbek Saparov, visited Türkiye recently. His visit led to the signing of bilateral documents worth more than USD 2 billion. During the meeting at the Chamber of Commerce and Industry in Ankara, the parties signed documents worth $2 billion and trade contracts for the supply of meat worth $80 million. […]
Foreign oil service companies in Kazakhstan earned more than USD 50 billion during 30 years
The Chairman of the Union of Oil Service Companies of Kazakhstan Almas Kudaibergen at a briefing at the Central Communications Service announced recently that the foreign oil service companies in Kazakhstan have earned more than USD 50 billion during the 30 years of their work. According to the head of the union , there are […]
The visit of Uzbek PM to Afghanistan – The Event and the Phenomenon
Tariq Saeedi Prime Minister Abdulla Aripov of Uzbekistan visited Afghanistan, 17-18 August 2024. It is the highest-level visit of a foreign head of government to Afghanistan since the Taliban came to power in 2021. It is significant as both an event and a phenomenon. The Event The visit was successful by all means. The outcomes […]
9 of the world’s 10 busiest ports are in Asia
Arailym Temirgaliyeva From January to July 2024, the volume of cargo and baggage delivered by maritime and coastal routes in Kazakhstan increased by 2.1 times against the same period in 2023 and reached 1.6 million tons. The figure is reported to be the highest within the past five years, Kazinform News Agency learned from Energyprom.kz. […]
Kazakhstan is exploring the use of AI in cybersecurity
nCa Report AI (Artificial Intelligence), despite being quite familiar to the regular users of the Internet, is still a kind of a blob when it comes to its definitive use in cybersecurity. The problem here is that there is the real potential for pitching AI against AI. —– If AI is integrated into the […]
Macroeconomic Review of EDB upbeat on growth in member countries
The Eurasian Development Bank (EDB) has issued its periodical macroeconomic review of its member countries. On the whole, it reflect a positive picture of the growth pattern in its region of operations. The report says: Analysts of the Eurasian Development Bank (EDB) have released the latest Macroeconomic Review for the Bank’s six member states. EDB’s […]
Kazakhstan and Uzbekistan plan to DOUBLE their GDP by 2030
nCa Report In plans that may sound rather ambitious but are actually quite realistic, Kazakhstan and Uzbekistan are striving to double their GDP by 2030. Uzbekistan The GDP in Uzbekistan has recently crossed the USD 100 billion mark and its doubling by 2030 should see it rising to around USD 200 billion. For Uzbekistan, it […]
Reviving the Silk Road with a new digital link
Kazakhstan and Azerbaijan’s $50 million fiber-optic cable sets the stage for a digital Silk Road transformation A significant fiber-optic cable connection will be laid along the Caspian Sea floor thanks to an investment of over $50 million from Kazakhstan and Azerbaijan, Jaslan Madiyev, the minister of digital development, innovations and aerospace industry of Kazakhstan, announced […]
ECI Holds an International Event Celebrating “Abai’s Legacy, World Pride of Kazakhstan”
The ECO Cultural Institute in cooperation with the Embassy of the Republic of Kazakhstan in Tehran, held an event titled “Abai’s Legacy, World Pride of Kazakhstan” on Thursday, August 15, 2024 at the International Conference Hall of ECI. The event garnered the presence of the ambassadors of ECO member countries, officials and a group of […]
Kazakhstan and China plan to jointly build a station on the Moon
Kazakhstan and China are planning to build jointly a station on the Moon. A memorandum has been signed for the construction of a joint research base on the Moon, report TengriNews. As the ministry of Ministry of Digital Development, Innovation and Aerospace Industry reported, Kazakhstan and China will cooperate in the process of creating and […]
Kazakhstan considers that it is not profitable to build new oil export pipelines
The Agency for the Protection and Development of Competition of the Republic of Kazakhstan said that it is economically and technologically unprofitable for Kazakhstan to invest in the construction of new main pipelines for oil export. This was reported by Kazinform. The agency underlined that the “all directions are tied to the end consumer – […]
Air Cargo Review – Central Asia and Caucasus – Part Three
Kazakhstan Kazakhstan is undergoing a transformative journey in developing its cargo aviation sector, driven by strategic initiatives, infrastructure improvements, international collaborations, and regulatory reforms aimed at enhancing the country’s position as a pivotal hub for air cargo in Central Asia. Growth and Expansion Cargo Volume and Fleet Expansion In December 2023, Marat Karabayev, Kazakhstan’s Minister of Transport, outlined […]
Central Asia-Japan Joint business forum held in Astana – Turkmenistan and Japan inked a package of deals
On 9 August 2024, a business forum of the Central Asia + Japan Dialogue was held in Astana. The event was organized by the Ministry of Economy, Trade and Industry of Japan, the Japanese Association for Trade with Russia and NIS (ROTOBO), the Ministry of Foreign Affairs of the Republic of Kazakhstan, Kazakh Invest, the […]
Korea and Central Asian countries discussed the plan of upcoming activities and events
On 8 August 2024, Foreign ministry of Korea hosted the 15th meeting of the Executive Committee of the Secretariat of the “Central Asia-Republic of Korea” Cooperation Forum. Turkmenistan was represented by Ambassador Begench Durdyyev. During the meeting, the members of the Executive Committee of the Secretariat, consisting of Ambassadors of the Central Asia countries and […]
Kazakhstan and Turkmenistan are interested in developing the eastern branch of the North-South corridor
Deputy Prime Minister of the Republic of Kazakhstan Serik Zhumangarin and Director General of the Agency for Transport and Communications under the Cabinet of Ministers of Turkmenistan Mammetkhan Chakiyev held a bilateral meeting in Astana. The sides discussed prospects for cooperation in the transport sector. Both countries are actively cooperating in the development of the […]
Central Asian Transport Ministers Advance Cooperation
Ministers of Transport of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan convened in Astana on 8 August 2023, to discuss enhancing regional connectivity. The meeting, held ahead of the Sixth Consultative Meeting of Central Asian Heads of State, focused on expanding transit corridors, rail and road infrastructure, and air travel options, ministry of transport of Kazakhstan […]
Kazakhstan and Turkmenistan strengthen economic cooperation: Kazakh-Turkmen Trade Grew by Nearly a Third
On 9 August 2024, First Deputy Prime Minister of the Republic of Kazakhstan Roman Sklyar met with Deputy Chairmen of the Cabinet of Ministers of Turkmenistan Batyr Atdaev and Baymyrat Annamammedov in Astana. During the meeting, the sides exchanged views on the economic situation in Kazakhstan and Turkmenistan, discussed the current status and prospects for […]
Presidents of Turkmenistan and Kazakhstan hold negotiations in Astana
On Friday, 9 August, talks were held in Astana between President of Turkmenistan Serdar Berdimuhamedov and President of Kazakhstan Kassym-Jomart Tokayev. The meeting was also attended by members of the delegations. Tokayev thanked the President of Turkmenistan for participating in the Summit, and also noted the importance of his visit in terms of further promoting […]
President Kassym-Jomart Tokayev: Kazakhstan’s strategic course to strengthen regional partnership and enhance the role of Central Asia on the world stage remains unwavering
Speaking at the 6th Consultative Meeting of the Heads of Central Asian States, President of Kazakhstan Kassym-Jomart Tokayev pointed out the importance of maintaining high dynamics of development in the Central Asian region in the current complex geopolitical and economic realities. He outlined a number of urgent tasks, the solution of which will contribute to […]
6th Consultative Meeting of the Heads of Central Asian States in Astana – Central Asian leaders outline long-term plans for regional cooperation
On 9 August 2024, the 6th Consultative Meeting of the Heads of Central Asian states was held in Astana under the chairmanship of the President of Kazakhstan Kassym-Jomart Tokayev. The summit was attended by: Kazakhstan – President Kassym-Jomart Tokayev Kyrgyzstan – President Sadyr Japarov Tajikistan – President Emomali Rahmon Turkmenistan – President Serdar Berdimuhamedov Uzbekistan […]