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Business & Economy KZ

New multimodal route established from China to Azerbaijan along Middle Corridor via Kazakhstan

KTZ Express, a subsidiary of Kazakhstan’s national railway operator, Kazakhstan Temir Zholy (KTZ), has established a new multimodal transportation route with the first container train from Shanxi Province (China) to Azerbaijan along the Trans-Caspian International Transport Route (TITR) through Kazakhstan. According to KTZ, the train, consisting of 50 containers with photovoltaic modules weighing more than

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International Affairs KG

Kyrgyzstan hosts international equestrian rally Gallops

Kyrgyzstan’s Deputy Minister of Foreign Affairs Meder Abakirov received Bady Kebir, the founder of the international equestrian rally Gallops, which is taking place in Kyrgyzstan from July 21 to 26 with the participation of about 100 horse riding and equestrian sports enthusiasts from all over the world. Abakirov noted with satisfaction the holding of a

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Business & Economy KG

IFC helps to boost access to finance for small business in Kyrgyzstan

To help expand access to finance for small and medium enterprises and women entrepreneurs, IFC — a member of the World Bank Group — is investing $15 million in a private bond issuance by Demir Kyrgyz International Bank (DemirBank), a leading commercial bank in the Kyrgyz Republic. According to IFC, proceeds from the bond will

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International Affairs KG TJK UZB

EU and OSCE support Central Asia in strengthening regional cooperation on uranium legacy remediation

The Organization for Security and Co-operation in Europe (OSCE), in close partnership with the United Nations Development Programme (UNDP) and with the financial support of the European Union (EU), hosted a regional coordination meeting of Aarhus Centres and key stakeholders from Kyrgyzstan, Tajikistan, and Uzbekistan on 17–18 July in Khujand, Tajikistan. As part of the

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Business & Economy UZB

Uzbekistan: First enterprise launched in Zaamin Technopark

On July 22, Uzbek President Shavkat Mirziyoyev visited Jizzakh region and reviewed the operations of the Zaamin Technopark special industrial zone. The head of state initiated the construction of this complex on June 27 of last year. Within the framework of the project, which spans 400 hectares, a total of 31 investment projects worth $1.2

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International Affairs KZ UZB

Kazakhstan to launch new season of Jibek Joly train tour to Uzbekistan

Kazakhstan’s national railway company, Kazakhstan Temir Zholy (KTZ), has announced the launch on September 19 of a new season of its train tour, Jibek Joly (Silk Road) 5.0, connecting major cities in Kazakhstan and Uzbekistan. During the 6-day tour, passengers will travel along the route Almaty – Turkestan – Otrar – Samarkand – Bukhara –

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Business & Economy KG

Kyrgyzstan-China trade shows impressive growth

Trade between Kyrgyzstan and China grew by an impressing 44.7% in 2024 and reached $5.3 billion, with exports from Kyrgyzstan to China increasing to $2.04 billion, 93 times higher than in 2023, Deputy Chairman of the Kyrgyz Cabinet of Ministers Bakyt Torobayev said during a meeting with a high-level delegation from China’s Xinjiang Uyghur Autonomous

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Business & Economy KZ

Construction of strategic transport and logistics hub begins in north Kazakhstan

Construction of a new transport and logistics complex, Tobyl, was officially launched in the city of Kostanay in northern Kazakhstan on July 16.  According to the government’s press service, the facility will become a key point in the implementation of the country’s transit strategy and will be integrated into international transport corridors linking Kazakhstan to

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Geo Politics TJK

Tajikistan and EU initial Enhanced Partnership and Cooperation Agreement

The European Union and Tajikistan on July 18 initialed an Enhanced Partnership and Cooperation Agreement (EPCA), marking a significant step forward in deepening bilateral relations and strengthening long-term cooperation, the Delegation of the European Union to Tajikistan reported. The EPCA represents a modern and ambitious framework for EU–Tajikistan relations, reflecting shared values and interests in areas

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Business & Economy KZ

Italian organization considers industrial hemp project in Kazakhstan

Italian agricultural organization Unione Coltivatori Italiani (UCI), which unites over 300,000 farmers, agricultural entrepreneurs and agro processors, plans to implement an investment project in Kazakhstan for the cultivation and advanced processing of industrial hemp for subsequent production of textiles, construction materials, and pharmaceuticals. The project was discussed during an online meeting on July 17 between

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Business & Economy KZ

South Korean company to invest in green hydrogen project in Kazakhstan

Azamat Kozhanov, Deputy Chairman of the Management Board of Kazakh Invest national company, held a meeting with John M. Bek, Chairman of the Board of South Korean engineering company YPP Corporation. During the meeting, the parties signed a framework agreement on cooperation for the implementation of a green hydrogen production project in Kazakhstan, according to Kazakh

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International Affairs KZ UZB

The end of massification of higher education in Central Asia and beyond

The two largest Central Asian countries have embarked on a higher education spree. In Uzbekistan since 2020 almost 100 new universities have opened, swelling the number of BA candidates in the country by some 400,000. In Kazakhstan, hardly a week goes by without an announcement from the Ministry of Education ballyhooing the opening of another

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International Affairs TKM

Turkmenistan: UNDP project launched in Ashgabat to strengthen urban resilience to climate and disaster risks

The United Nations Development Programme (UNDP), in close partnership with the municipality of Ashgabat, and with the participation of the Ministry of Construction and Architecture of Turkmenistan, organized an inception workshop as part of a regional project titled “Enhancing Urban Resilience to Disaster Risks and Climate Change in Central Asia”, funded by the Government of

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Geo Politics KZ UZB

Kazakhstan vs Uzbekistan: which country will become the economic leader in Central Asia?

Recently, Uzbek economist Behzod Khoshimov stated that it will take Uzbekistan 30 years to catch up with Kazakhstan in terms of economic development. In the article below, Ulysmedia.kz tried to understand whether Khoshimov is right and why this old rivalry still determines the region’s development. The rivalry between Kazakhstan and Uzbekistan began during the Soviet

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International Affairs TJK

UNDP and Japan to enhance urban resilience in Tajikistan’s Dushanbe and other Central Asian capitals

The United Nations Development Programme (UNDP) and the Executive Body of the State Authority of the City of Dushanbe have officially launched a new regional project aimed at making Dushanbe safer, greener, and more resilient to climate and disaster risks, UNDP Tajikistan reported. The ‘Enhancing Urban Resilience to Disaster Risk and Climate Change in Central

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Business & Economy KZ

Kazakh mining company begins exploration in Afghanistan

A Kazakh company, Kazakhmys Barlau, has begun exploration operations in Afghanistan’s mining sector, TOLOnews reported. The company has described Afghanistan as a promising location for mineral extraction and stated that the country possesses high-purity reserves of lead and zinc. At the same time, the Afghan Ministry of Mines and Petroleum, referring to the close ties

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Business & Economy KZ

Kazakhstan to establish supplies of uranium concentrate for Slovakia’s nuclear power plants

Kazakhstan’s National Atomic Company Kazatomprom JSC has announced the signing of a Memorandum of Understanding (MoU) with Slovenské elektrárne a.s. (SEAS), Slovakia’s largest electricity producer, reflecting the mutual interest of both parties in developing long-term cooperation in nuclear energy sector. SEAS generates over 70% of Slovakia’s total electricity supply and operates two nuclear power plants

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Business & Economy KG

IFC provides financing for micro and small businesses in Kyrgyzstan

IFC — a member of the World Bank Group — says it is investing up to $3 million in local currency equivalent to Kompanion Bank, one of the leading community development banks in Kyrgyzstan, to provide financing for micro and small enterprises (MSEs) across the country. With 40 percent of the loan proceeds allocated to

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International Affairs UZB

Uzbekistan and Bulgaria expand investment and industry cooperation

On July 13–14, Uzbekistan’s Minister of Investments, Industry and Trade Laziz Kudratov paid a visit to Bulgaria. He held talks with President Rumen Radev, Deputy Prime Minister and Minister of Transport Grozdan Karadjov, heads of relevant ministries, as well as representatives of leading companies and financial institutions of the country. At the center of the

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International Affairs TKM

Turkmenistan to host UN Conference on Landlocked Developing Countries

On July 13, the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov held a meeting of the State Organizing Committee for the preparations for the Third United Nations Conference on Landlocked Developing Countries, which will be held in the Avaza National Tourist Zone from August 4 to 8.

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