Aziz Abdukhakimov, Adviser to the President of Uzbekistan on Environmental Issues and Chairman of the National Committee on Ecology and Climate Change, met with the leadership of Vision Invest and SUEZ to discuss the implementation of a project aimed at establishing a high-tech industrial waste management cluster in Uzbekistan, the National Committee reported. The project
Kazakhstan’s economy is expected to remain resilient over the medium term, though growth is set to moderate following a period of strong demand-led expansion, according to the World Bank’s latest report Kazakhstan Economic Update, Strengthening Skills to Unlock Productivity. After a robust 6.5 percent expansion in 2025 — driven by strong domestic consumption and a one-off boost
Turkmenistan has put into operation a new dry cargo vessel, Gadamly. This historic event is expected to strengthen Turkmenistan’s position in the Caspian Sea region as an important transport and transit corridor. Built at the Balkan Shipyard in Turkmenbashi city in collaboration with Koryo Shipbuilding Industry Technology (Republic of Korea), Gadamly is designed for the
On May 11 in Beijing, during his state visit to China, the President of Tajikistan Emomali Rahmon held a meeting with the heads and representatives of Chinese companies. Rahmon presented Tajikistan’s favorable economic climate and extensive opportunities, and called on Chinese companies to actively cooperate and participate in the country’s dynamically developing economy. Following the
On 11 May in Astana, Minister of Foreign Affairs of Kazakhstan Yermek Kosherbayev held talks with Minister of Foreign Affairs of Brazil Mauro Vieira, who arrived in Kazakhstan on an official visit. The parties discussed a wide range of issues related to bilateral cooperation, including political, trade-economic, and cultural-humanitarian interaction, as well as coordination within
An informal summit of the Council of Heads of State of the Organization of Turkic States (OTS) will be hosted by Kazakhstan on 15 May 2026 in Turkistan, the spiritual capital of the Turkic World, under the theme “Artificial Intelligence and Digital Development.” The summit will bring together the heads of state and government of
The Asian Development Bank (ADB) says it has signed a transaction advisory services agreement with the Kazakh Ministry of Science and Higher Education and Satbayev University to develop modern, affordable, inclusive, and resilient student accommodation through a public–private partnership (PPP). Under the agreement, ADB will act as transaction advisor for the project, which aims to develop student
The European Bank for Reconstruction and Development (EBRD) says it is continuing to support the exploration, development, production and processing of critical raw materials (CRM) in Kazakhstan by making a follow-on equity investment of AUD 1.4 million in Sarytogan Graphite Limited, an Australian Securities Exchange-listed company developing one of the world’s largest known high-grade graphite deposits.
During the ADB Annual Meeting in Samarkand on May 6, the Ministry of Investment, Industry, and Trade of Uzbekistan and the Export-Import Bank of Korea (KEXIM) signed a Memorandum of Strategic Cooperation. The ceremony was attended by Deputy Prime Minister Jamshid Khodjaev and Deputy Minister of Investment, Industry, and Trade Shokhrukh Gulamov on behalf of
Kazakhstan held its first-ever investment roundtable on the SelectUSA Investment Summit platform in Washington on May 3, marking a significant milestone in strengthening economic ties with the United States, according to QazTrade Trade Policy Development Center JSC. The event, titled “Strategic Sectors and U.S. Market Entry Opportunities,” brought together more than 80 participants, including
Uzbekistan’s total external debt as of January 1, 2026, amounted to $82.2 billion. For the first time, private sector borrowings ($41.7 billion) exceeded public debt ($40.5 billion). Over 92% of private loans are long-term and do not have government guarantees, Tashkent Today reported with reference to official data. Key indicators: • Debt to GDP ratio
The first sale of refined gold took place on the Kyrgyz Stock Exchange on April 30. The transaction amounted to about $45,000. State gold company Kyrgyzaltyn was the seller and the Kyrgyzstan accumulative pension fund was the buyer, according to the Kyrgyz Stock Exchange. The transaction follows an agreement signed on April 3, 2026
Sustainable development in Kazakhstan is not an abstract policy aspiration. It is a deliberate strategic choice that shapes our domestic reforms, our regional engagement in Central Asia, and our partnerships with the European Union, Roman Vassilenko, Kazakhstan’s Ambassador to the European Union, writes in an article published in Open Central Asia Magazine. As emphasised by
Today, Uzbekistan’s economy is undergoing an entirely new phase of development. Since 2016, the country has embarked on major reforms to liberalize the economy, create an attractive investment environment, participate proactively in global value chains, renew the social and production infrastructure, and improve living standards, Uzbekistan President Shavkat Mirziyoyev said in his address at the
The Asian Development Bank (ADB) issued its first Disaster Relief Bond (DRB) offerings, also known as catastrophe bonds, as part of its regional Risk-Layered Disaster Relief Finance Program which aims to reduce the financial impact of natural hazards and climate-related shocks. The bonds are designed to protect against severe disasters and provide quick liquidity to Kyrgyzstan and
The World Bank on May 1 approved a new grant to expand economic opportunities for women in Tajikistan, with expected benefits reaching up to 20,000 people, including unemployed men and women, people living in rural and peri-urban communities, and economically vulnerable women across the country. The Tajikistan Women’s Economic Empowerment Project (TWEEP) is expected to
Negotiations were held on April 30 in Tashkent between the President of Uzbekistan Shavkat Mirziyoyev and the Prime Minister of the Czech Republic Andrej Babiš, who was on an official visit to Uzbekistan. Mirziyoyev emphasized that the current visit would be a breakthrough and would open a qualitatively new stage in the history of multifaceted Uzbek–Czech
The aging of Kazakhstan’s population continues to accelerate. The aging index, which measures the ratio of elderly people per 100 children, has been steadily increasing in recent years. While the figure stood at 26.7 in 2021, it reached 32.9 in 2025. This means that for every 100 children under 15, there were almost 33 elderly
Central Asia’s largest tech and AI show will debut in Almaty next week, catapulting Kazakhstan to the forefront of the region’s AI and digital transformation ambitions, and propelling a new era of global innovation, tech capital deployment, and cross-border collaboration, the Kazakh Ministry of Artificial Intelligence and Digital Development has announced. In the Year of
On April 28, the President of Tajikistan Emomali Rahmon received the Special Envoy of the US President for South and Central Asia, Sergio Gor. During the conversation, the parties discussed a wide range of issues related to the current state and prospects of cooperation between the two countries, including in the areas of economy and