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Business & Economy KZ

Kazakhstan’s non-resource exports showed dramatic increase in 2024

In 2024, Kazakhstan’s exports reached $81.6 billion, up 3.2% compared to 2023, with non-resource exports showing an impressive 11.9% growth, amounting to $28.8 billion, according to the Ministry of Trade and Integration. Imports totaled $59.8 billion, down 1% from the previous year. In 2025, Kazakhstan continues to maintain high export rates, which in January-February amounted

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Business & Economy KG

Trade between Afghanistan and Kyrgyzstan on the rise

The Afghan Ministry of Industry and Commerce announced that Afghanistan and Kyrgyzstan recorded $66 million in trade during the past solar year, TOLOnews reported. The solar year begins in March. Akhundzada Abdul Salam Jawad, spokesperson for the ministry, said that $7 million of this figure represents Afghan exports, while the remaining amount was imports. Afghanistan’s

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Business & Economy UZB

Uzbekistan holds first dialogue of Export Accelerator program

The inaugural dialogue of participants in the Export Accelerator Program—implemented by the Ministry of Investment, Industry and Trade of Uzbekistan—was held in Tashkent on May 2. Launched in September 2024, the Export Accelerator has already facilitated the entry of 29 entrepreneurs into international markets. To date, these participants have achieved export deliveries totaling over $14

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Business & Economy UZB

EBRD welcomes major investment in Uzbekistan’s food retailer

The European Bank for Reconstruction and Development (EBRD) has welcomed plans by a series of new investors to inject up to $110 million into Uzbekistan’s leading food retailer, Korzinka. In one of the largest private investments in the country in recent years, Abu Dhabi Uzbek Investment, and a consortium of Omani Sovereign investment funds, led

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Business & Economy TKM UZB

Free trade regime established between Uzbekistan and Turkmenistan

The Uzbek Ministry of Investment, Industry and Trade has announced the successful bilateral implementation of the necessary procedures for the entry into force of the Protocol on Exemptions from the Free Trade Regime to the Agreement between the Government of Uzbekistan and the Government of Turkmenistan. This agreement outlines the primary directions for long-term trade

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International Affairs UZB

Uzbekistan and Afghanistan seek to increase trade to $3 billion

On March 1, Laziz Kudratov, the Minister of Investment, Industry, and Trade of Uzbekistan, held a meeting with a delegation led by Afghan Minister of Industry and Commerce Nuruddin Azizi, who was visiting the Termez International Trade Centre in Uzbekistan’s Surkhandarya region, at the border with Afghanistan. The meeting discussed trade and economic relations between

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Business & Economy KZ

Kazakhstan and China to open a multifunctional center in Astana

The Minister of Trade and Integration of Kazakhstan, Arman Shakkaliyev and Jiangsu SOHO Holdings Group Co. Ltd. from Jiangsu Province in east China have agreed on the establishment of a multifunctional center in the Kazakh capital, Astana, the Ministry of Trade and Integration reported. The new center will facilitate the development of Kazakh-Chinese trade and

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International Affairs UZB

Uzbekistan seeks to conclude WTO accession negotiations by 2026

At the 9th meeting of the Working Party on the Accession of Uzbekistan on December 5 and 6, a high-level government delegation led by Deputy Prime Minister Jamshid Khodjaev reaffirmed the country’s strong intention to swiftly advance negotiations with World Trade Organization (WTO) members, with a view to completing the process by 2026. The high-level

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International Affairs UZB

Uzbekistan strengthens efforts to expand exports to European markets

On December 4–5, a meeting of the European Union’s Working Group on the Generalised Scheme of Preferences (GSP+) was held in Brussels. The event brought together representatives from 28 EU member states and, for the first time, a delegation from Uzbekistan, represented by the Ministry of Investments, Industry, and Trade (MIIT). During the meeting, the

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International Affairs KG KZ

Kazakhstan and Kyrgyzstan to build trade and logistics complex

Kazakhstan President Kassym-Jomart Tokayev has signed a law providing for the creation of a trade and logistics complex on the border with Kyrgyzstan, Tengrinews.kz reports. Tokayev signed the law “On ratification of the agreement between the Government of the Republic of Kazakhstan and the Cabinet of Ministers of the Kyrgyz Republic on the creation and

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Eurasia International Affairs KG KZ TJK TKM UZB

Afghanistan increases trade with Central Asian countries

In the first five months of the current solar year (which begins on March 21), Afghanistan has conducted trade worth nearly $700 million with Central Asian countries, TOLOnews reported with reference to the Afghan Ministry of Industry and Commerce. Akhundzada Abdul Salam Jawad, spokesperson for the ministry, said that trade between Afghanistan and Central Asian

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Business & Economy Eurasia KZ

USAID to host Central Asia Trade Forum in Kazakhstan

The U.S. Agency for International Development (USAID) will host the 13th Central Asia Trade Forum, entitled “Trade Connections: Bridging Globally,” on May 14 and 15 in Almaty, the U.S. Embassy in Kazakhstan announced. With more than 10,000 government and business leaders from 25 countries in Central and South Asia, Europe, and the United States participating since

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Eurasia Geo Politics KZ

Kazakhstan seeks to become key transit hub along Trans-Caspian Transport Corridor

Russia’s invasion of Ukraine and subsequent economic sanctions imposed by the west have underlined the urgency of finding alternative trade routes between Europe and Asia that do not pass through Russia. In the new geopolitical realities, Kazakhstan has a good chance to become the main and most sustainable transit route between Europe and Asia. In

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Business & Economy KG

Kyrgyzstan to export 400 tons of walnuts to Turkey

Kyrgyzstan and Turkey have signed a contract for the export of 400 tons of walnuts from the Kyrgyz Republic. The first batch of walnuts will be exported to Turkey on February 15, the Kyrgyz Ministry of Economy and Commerce said. The contract comes as a result of the Kyrgyz-Turkish business forum held in the Turkish

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International Affairs TKM

Trade between Afghanistan and Turkmenistan reached $481 million in 2023

Afghanistan and Turkmenistan had $481 million worth of trade in 2023, the Afghan Ministry of Trade and Industry said. The acting minister of trade and industry met Turkmenistan’s ambassador to Kabul and discussed a range of trade issues, including the expansion of Afghanistan’s marble export to Turkmenistan, Afghan broadcaster TOLOnews reported. The ministry in a

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International Affairs UZB

Trade between Afghanistan and Uzbekistan increased in 2023

Trade between Afghanistan and Uzbekistan amounted to $266 million in 2023, compared to $44 million in 2022, Afghan broadcaster TOLOnews reported with reference to the Afghan Ministry of Industry and Commerce. Afghanistan’s exports to Uzbekistan totaled $27 million in the past year and imports from Uzbekistan amounted to $239 million, the ministry’s spokesman said. Afghanistan

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International Affairs UZB

Afghanistan and Uzbekistan agree on transit of cargo vehicles for 2024

The Ministry of Transport of Uzbekistan announced the cancellation of restrictions imposed on the country’s transit vehicles in Afghanistan. The agreement was reached in a meeting between high-ranking officials of Afghanistan and Uzbekistan late in December, Afghan broadcaster TOLOnews reported. The Uzbek ministry said that the transportation authorities of both countries have determined the costs

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