Business & Economy KZ

Kazakhstan boosts exports to China

As part of an official visit to China, Kazakh Minister of Trade and Integration Arman Shakkaliyev participated in the “Export to China – SCO Selection” forum, which became one of the key platforms for promoting Kazakh exports to the Chinese market. Opening the forum, the Minister emphasized that Kazakhstan views China as a strategic partner

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International Affairs KZ UZB

Kazakhstan and Uzbekistan seek to increase trade to $10 billion

As part of an official visit to Tashkent on March 30, Minister of Foreign Affairs of Kazakhstan Yermek Kosherbayev held talks with Minister of Foreign Affairs of Uzbekistan Bakhtiyor Saidov to discuss further strengthening of Kazakh-Uzbek political, trade, economic, investment, transit-transport, water-energy, and cultural-humanitarian cooperation. Special attention was paid to further development of trade, economic

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Business & Economy KZ

In Kazakhstan, ADB expands women’s access to affordable housing, promotes green mortgages

The Asian Development Bank (ADB) has approved a 90 billion tenge ($173.6 million equivalent) loan to Otbasy Bank JSC to expand access to affordable housing finance for women and offer green mortgage products for low- to moderate-income households across Kazakhstan. The Promoting Inclusive and Green Housing Finance Project will provide residential mortgage financing to more than 2,000

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International Affairs KZ

Kazakhstan exports wheat flour to U.S. via Middle Corridor

Kazakhstan has sent a new export batch of wheat flour from its northern city of Kostanay to New York using the infrastructure of the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor—a transit route linking China to Europe through Kazakhstan. According to the Ministry of Agriculture, the shipment of 24 tons of

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International Affairs KZ

Kazakhstan and India discuss cooperation in pharmaceutical industry

The “Kazakhstan–India Pharma Business Meeting” business forum, aimed at developing and deepening Kazakh-Indian cooperation in the pharmaceutical industry, was held on March 27 in Almaty. The forum brought together representatives of leading pharmaceutical companies and organizations, including Acies Pharmaceutical Pvt. Ltd., Abaris Healthcare Pvt. Ltd., Akriti Pharmaceuticals Pvt Ltd., and AMTEC Health Care Pvt Ltd.,

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International Affairs KZ

Kazakhstan promotes global initiatives on water security and agricultural cooperation

A Kazakh delegation led by First Deputy Minister of Foreign Affairs of Kazakhstan Yerzhan Ashikbayev participated in the 43rd meeting of UN-Water, held at the headquarters of the International Fund for Agricultural Development (IFAD) in Rome. The Kazakh delegation presented the upcoming Regional Environmental Summit in Astana, as well as plans for international consultations on

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Business & Economy KZ

Kazakhstan to develop coal-fired electricity generation

The Government of Kazakhstan has approved the National Project “Development of Coal-Fired Generation.” The document defines Kazakhstan’s energy security strategy until 2030 and is aimed at eliminating the deficit of baseload capacities, demand for which is growing significantly amid industrialization and the development of the digital economy. The growth of the IT sector, the establishment

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International Affairs KZ

Almost half of ethnic Kazakhs returning to Kazakhstan are from China

Since the beginning of 2026, 3,335 ethnic Kazakhs have returned to Kazakhstan and officially received kandas status, a designation for ethnic Kazakhs returning to their historical homeland. In total, since gaining independence in 1991, 1,168,200 ethnic Kazakhs have resettled in Kazakhstan for permanent residence, according to the Ministry of Labor and Social Protection. Almost half of

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Business & Economy KZ

Large families in Kazakhstan saving on food

Children in large families eat less than in households with just one child, and the difference can be quite significant, finprom.kz reports citing data from the Bureau of National Statistics on average consumption of basic foods in families with different numbers of children for the fourth quarter of last year. The more children, the less

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Business & Economy Eurasia KG KZ TJK TKM UZB

EDB proposes ‘middle path’ for Central Asia’s power sector modernization

The Eurasian Development Bank (EDB) has proposed a balanced “middle path” strategy that could provide a solid foundation for the modernization of Central Asia’s power sector. This approach would ensure reliable and affordable energy supply, significantly reduce the carbon footprint, and enable a smooth energy transition that benefits the region’s economy and meets climate commitments.

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Business & Economy KZ

Survey: Tax reform increased economic anxiety in Kazakhstan

A survey shows that Kazakhstan’s new Tax Code with an increased value-added tax (VAT) has led to growing anxiety among the population, with most respondents saying that the tax changes negatively impact their standard of living and cause growing expenses, making a significant portion of the population cut spending on basic items, including food, clothing,

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International Affairs KG KZ TJK TKM UZB

EU and ALIPH launch nearly 30 projects to protect cultural heritage in Central Asia

The European Union and the International alliance for the protection of heritage (ALIPH) have launched 29 cultural heritage projects across Central Asia to safeguard endangered tangible and intangible heritage from the impact of climate change, following a highly successful Call for Projects that elicited 233 applications. This initiative is co-funded for a total of EUR 1.5 million, wherein

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International Affairs KZ

Traditional Nauryz Ball for diplomatic community held in Astana

The capital theatre this week hosted the annual Nauryz Ball attended by heads of foreign diplomatic missions and international organizations accredited in Kazakhstan. The event, organized as part of the Nauryznama decade, served as a platform for cultural diplomacy, symbolizing unity, creation, and renewal, according to the Kazakh Foreign Ministry. Opening the gala evening, Aida

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Business & Economy KG KZ

EBRD lending €25 million to Central Asia’s leading beverage producer

The European Bank for Reconstruction and Development (EBRD) says it is providing a loan of up to €25 million to support the investment program and working capital needs of RG Brands Group, Central Asia’s leading beverage producer incorporated in Kazakhstan. The loan will help RG Brands to expand its operations in Kazakhstan and Kyrgyzstan, and

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Business & Economy KZ

Kazakhstan’s grain and flour exports grow 60%

Kazakhstan’s Ministry of Agriculture has announced updated figures of the country’s grain export. During the 2024-2025 marketing year (September 1, 2024, August 31, 2025), Kazakhstan exported 15.3 million tons of grain and flour, 60% more than during the 2023-2024 season and the highest figure over the last 20 years. Since the beginning of the current

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Business & Economy KZ

Over 5 million people in Kazakhstan have imposed self-ban on loans

More than 5 million citizens in Kazakhstan have voluntarily banned the issuance of loans and microloans in their names using “Stop-Credit,” a service designed to protect against fraudulent loans, Fingramota.kz reports. “Stop-Credit” is a government service for voluntary waiver of bank loans and microloans. It allows citizens to self-ban new loans in their names. This

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International Affairs KZ

EBRD provides its largest ever financing package for a bank in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) says it is supporting the development of micro, small and medium-sized enterprises (MSMEs) in Kazakhstan, including those owned or led by young people or women, and helping to improve access to green technologies by providing a financing package of up to US$ 200 million (€172.4 million) in

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Business & Economy KZ

Kazakhstan looks at ways to reduce informal employment

At a meeting in the Senate on March 12 addressing the problem of informal employment in Kazakhstan, Minister of Labor and Social Protection Askarbek Yertayev revealed informal employment statistics and proposed measures aimed at broader legalization of labor relations in the domestic labor market. Yertayev noted that informal, or shadow, employment has a negative impact

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Eurasia International Affairs KZ

Kazakhstan’s Mazhilis ratifies agreement on Caspian Green Energy Corridor project

The Mazhilis, the lower house of Kazakhstan’s parliament, has ratified the agreement on a strategic partnership between Kazakhstan, Uzbekistan, and Azerbaijan in developing and transporting green energy. The agreement was signed by Presidents Kassym-Jomart Tokayev, Shavkat Mirziyoyev, and Ilham Aliyev in November 2024, on the sidelines of the COP29 summit in Baku, Azerbaijan. According to

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Business & Economy KZ

Kazakhstan seeks to increase renewable energy production, remains reliant on coal-fired generation

In 2026, Kazakhstan plans to increase its renewable energy generation to 8.8 billion kWh by implementing 10 new projects with a total capacity of 245 MW, including four wind, five solar, and one hydroelectric power plant, according to the Ministry of Energy. In 2025, Kazakhstan made a breakthrough in electricity generation by renewable energy facilities,

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