Eurasia Geo Politics KG KZ UZB World

Is globalization over? The implications for financial policy in Central Asia

Based on recent economic consensus from institutions like the International Monetary Fund (IMF), the European Central Bank (ECB), and the World Economic Forum (WEF) as of early 2026, globalization is not entirely “over,” but it is undergoing a profound structural shift. Economists generally agree that the era of hyperglobalization has stagnated—a trend accelerated by the

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International Affairs TKM

EU and Turkmenistan review partnership in 2025, outline agenda for 2026

The European Union Delegation to Turkmenistan and the Ministry of Foreign Affairs of Turkmenistan last week held a joint press briefing to review the results of EU-Turkmenistan cooperation in 2025 and to outline strategic priorities for 2026. EU Ambassador to Turkmenistan, Beata Peksa, underlined that 2025 delivered tangible results across priority sectors including connectivity, green

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International Affairs KG TJK UZB

First container train launched along China-Kyrgyzstan-Uzbekistan-Tajikistan multimodal route

UTK International Logistics Co. Ltd., a joint venture established in China with the participation of Uzbekistan’s Uztemiryulkonteyner JSC, has launched the first pilot container train from China to Tajikistan. This project is a practical step toward implementation of agreements aimed at deepening regional cooperation, reached by presidents of Kyrgyzstan, Uzbekistan, and Tajikistan in Dushanbe in

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International Affairs KZ

Kazakhstan seeks to synchronize operation of automobile border crossings with China

Motor transport plays a significant role in Kazakhstan’s cargo transportation, including for export and transit. It accounts for about a third of all freight traffic and is only second to rail transport. The fastest growing freight traffic by automobile transport is through Kazakhstan’s border with China. A total of 639,600 vehicles crossed the border with

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Business & Economy KZ UZB

Kazakhstan and Uzbekistan seek to increase rail cargo transportation

As part of the implementation of the President of Kazakhstan’s instruction to increase the country’s transit potential and bring annual transit cargo volumes to 55 million tons, the Minister of Transport of Kazakhstan on February 16 met with the Minister of Transport of Uzbekistan to discuss expanding cooperation in rail transport, according to the Kazakh

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International Affairs KG

EBRD supports greener public transport in Kyrgyzstan

The European Bank for Reconstruction and Development (EBRD) says it is supporting the modernisation of public transport in Kyrgyzstan through the introduction of 95 new compressed natural gas (CNG) buses in Bishkek, improving comfort, accessibility and environmental performance across the city. This is the second phase of the Bank’s bus acquisition project in Bishkek, which

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International Affairs UZB World

Uzbekistan’s role in transcontinental connectivity to be discussed in Spain

On February 25, a conference titled “Uzbekistan at the Crossroads: Regional Dynamics and Iberian Relations” will be held at the Centro Riojano de Madrid cultural center in Madrid, according to Dunyo information agency. The event is being organized by the Embassy of Uzbekistan in cooperation with the Autonomous University of Madrid and the University of

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International Affairs UZB

IsDB finances road reconstruction, education project in Uzbekistan

Dr. Muhammad Al Jasser, President of the Islamic Development Bank (IsDB), and Djamshid Kuchkarov, Deputy Prime Minister and Minister of Economy and Finance of Uzbekistan, have signed financing agreements to advance critical infrastructure and social development in Uzbekistan. Ahead of the signing, the two leaders held bilateral talks to discuss the expansion of the IsDB–Uzbekistan

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Business & Economy UZB

Uzbekistan is experiencing methane shortages for new filling stations

The government in Uzbekistan recommends entrepreneurs not to build new methane filling stations amid problems with supplying methane to existing stations. Deputy Prime Minister of Uzbekistan Jamshid Khodjaev said this at a meeting with entrepreneurs in Karakalpakstan on February 6, Uzbek media reported. According to Khodjaev, even the operating stations currently lack methane. “Currently, permits

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Geo Politics UZB

Uzbekistan and Pakistan deepen strategic partnership, focus on transport connectivity

On February 5, Uzbekistan President Shavkat Mirziyoyev and Pakistan Prime Minister Shehbaz Sharif held narrow-format talks and the first meeting of the bilateral High-Level Strategic Cooperation Council in Islamabad. Mirziyoyev arrived in Pakistan on a state visit. By the end of last year, the volume of mutual trade reached nearly 500 million US dollars. Around

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International Affairs KZ TJK UZB

Jibek Joly tourist train will connect Kazakhstan, Uzbekistan, and Tajikistan

From March 20 to 25, 2026, the international tourist train Jibek Joly will connect Kazakhstan, Uzbekistan, and Tajikistan as part of a single cultural and educational route. For the first time in the project’s history, the route has been extended to Dushanbe, according to Kazakhstan’s national railway company Kazakhstan Temir Zholy (KTZ). The journey will

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International Affairs UZB

Uzbekistan and Latvia establish air cargo route

An event was held on January 28 at Riga International Airport to mark the launch of cargo flights by the Uzbek airline Flykhiva on the Tashkent–Riga route, Dunyo information agency reported. As part of the event, a ceremonial reception was held for the airline’s first cargo plane arriving in the Latvian capital. The event was

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Business & Economy KZ

Kazakhstan lowers aviation fuel prices at airports to increase country’s transit potential

In 2026, KazMunayGas-Aero LLP, an aviation fuel supply subdivision of national oil and gas company KazMunayGas, has begun “into plane” aircraft refueling at airports in Almaty and Astana. The Ministry of Transport has provided KazMunayGas-Aero with direct access to the infrastructure of Kazakhstan’s airports, including regional ones. The company plans to increase the scope of direct

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Business & Economy TJK

EBRD supports development of electric public transport in Tajikistan

The European Bank for Reconstruction and Development (EBRD) says it is continuing to support Tajikistan’s transition from traditional carbon-intensive transport models to environmentally friendly and sustainable mobility by providing a €10 million financing package for a large-scale modernisation of public transport in Bokhtar, the administrative centre of the Khatlon region. The package consists of a

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Eurasia International Affairs KZ

New trans-Caspian freight train route launched from China to Azerbaijan via Kazakhstan

The first cross-Caspian Sea China-Central Asia freight train from north China’s Tianjin Municipality to Baku, Azerbaijan, departed on January 19, carrying goods such as stainless steel pipes and household appliances, Xinhua reported. The train, operated by China Railway Beijing Group, will leave China via Khorgos Port in northwest China’s Xinjiang Uygur Autonomous Region, traverse Kazakhstan,

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Business & Economy KZ

Kazakhstan receives $300 million for construction of Almaty Railway Bypass

Kazakhstan’s state-owned railway operator, Kazakhstan Temir Zholy (KTZ), has secured up to $300 million equivalent in Swiss-franc-denominated financing from the International Finance Corporation (IFC), the Asian Infrastructure Investment Bank (AIIB), and Standard Chartered (SC) for a project aimed at strengthening Kazakhstan’s rail efficiency and increasing its role as a regional transit hub, according to IFC.

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Eurasia Geo Politics World

Azerbaijan connects Central Asia to the West, President Aliyev says

In an interview with local TV channels, published on the official presidential website, President of Azerbaijan Ilham Aliyev said that an important achievement in Azerbaijan’s foreign policy in 2025 was the country’s election as a full member of the Consultative Meeting of the Heads of State of Central Asia. “From a geographical point of view,

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Geo Politics KZ

Kazakhstan president on economic issues, the country’s transit potential, and nuclear energy plans

In an interview with the Turkistan newspaper, published on the official presidential website, Kazakhstan President Kassym-Jomart Tokayev said that in 2025, the country’s economy grew by more than 6 percent, with GDP surpassing $300 billion and per capita exceeding $15,000. “These are record high figures not only for our country but for the entire region,”

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Eurasia International Affairs

2026’s first train departs from China to Azerbaijan via Middle Corridor

A 45-container China-Europe freight train loaded with photovoltaic modules belonging to the China Energy Engineering Group has departed from the city of Xi’an, Azerbaijan’s AZERTAC state news agency reported. This is the first train to depart from China via the Trans-Caspian International Transport Route, or the Middle Corridor, in 2026. The train, which departed on

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Eurasia International Affairs World

Iran seeks China–Europe railway link via Afghanistan

A delegation from Iran, led by Jabbar Ali Zakeri, head of the country’s railway administration, has visited Afghanistan to explore connecting Iran’s railway network to China through Afghan territory, TOLOnews reported. The primary focus of the project is the Herat–Balkh railway corridor, considered a vital transit route that would link Central Asian countries and China

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