Economy
Business and investment
Central Asia puts its law up for rent
Three states have now built four enclaves where their own law steps aside for England's, on leases running to 2066, 2074, 2076 and the year 2100. The rents are real, the tenants are arriving slowly, and the length of the leases is the most honest document the region has published about itself.
The ADB puts $400 million behind the region's border queues
The Asian Development Bank approved on Thursday a $400 million regional facility, BUILD, to modernise border crossings across the 11 CAREC countries, with up to $50 million per project over 10 years. The priority projects named so far are Tajik: Fotehobod-Oybek on the Uzbek border, Sarazm and Navbunyod.
Dushanbe rewrites its 3-year forecast: more freight, more investment, less aluminiu
Tajikistan's government has revised its macroeconomic forecast for 2027 to 2029. Industrial output is now expected to reach about 132 billion somoni ($14.3 billion) in 2028 against roughly 106 billion in the previous version, freight traffic 211 million tonnes instead of 160 million, and fixed investment 44.5 billion somoni instead of 40.5 billion. The aluminium line moved the other way: the 188,000-tonne target for 2028 has been cut, and the new figure was left out of the summary that reached print.
The EBRD's president reopens the Ashgabat ledger
Odile Renaud-Basso met Serdar Berdymukhamedov in Ashgabat, and the two sides signed a package of memoranda: a central-bank framework running 2027 to 2032 and a program on the banking system, the Ashgabat-based nCa reported Thursday.
The biggest container line stops booking Novorossiysk
MSC suspended new bookings to and from Novorossiysk with immediate effect after a strike on one of its ships bound for the port. At the grain quay in the same harbor, repairs are now priced at up to four months.
KazMunayGas starts building a yuan book on its home exchange
The national oil company opened books on Wednesday for two tranches of yuan bonds on the Astana International Exchange, with settlement set for 2 September.
The Kokzhide file opens, and the water tests positive at all five operators
A court order has pried loose the state's own hydrogeology report on Kokzhide, Kazakhstan's largest reserve of fresh groundwater. It shows oil products above permitted levels at wells of every company drilling there.
Turkmenistan reports $46.4 million of trade and 15 days of silence on Kabul
Turkmenistan's state news service reported on 24 August that the country's commodity exchange registered 19 transactions worth more than $46.412 million in a week, with buyers from the United Arab Emirates, Turkey and Afghanistan. The same service has published nothing about the gas memoranda Ashgabat signed with Kabul on 10 August.
At the drought conference, the money moves and the rule does not
The UN desertification conference in Ulaanbaatar marked its Water Day on 25 August. The Asian Development Bank announced a target the same day: at least $2 billion by 2035 for land restoration across Asia and the Pacific. The one text at that conference that would bind anybody, a drought regime, is deadlocked with three days left.
Baku and Tashkent agree to count each other's pension years
The pension agreement signed at Sunday's Tashkent summit lets citizens who worked in both countries stack their service years for eligibility, with each state paying the share earned on its territory. The terms were published on Monday; ratification is still ahead.
Kazakhstan's cabinet is ordered out, and it plans the next 3 years
The government President Tokayev has told to resign spent Tuesday morning approving Kazakhstan's economic forecast for 2027 to 2029: growth above 5%, exports rising to $88.5 billion, and 5 trillion tenge of targeted National Fund money. The numbers will outlive the cabinet that wrote them.
The price of shipping Kazakh oil eases off its record
The Baltic Exchange's weekly report has the Novorossiysk-to-Augusta Suezmax run settling Thursday at WS532, a round trip earning "just under $400,000" a day, almost 40 Worldscale points off in a week.
Mongolia's mid-year budget spends the money its provinces never did
The government has asked parliament to raise this year's spending ceiling by ₮998 billion ($277 million), all of it unspent balances sitting in provincial accounts, and says it has saved ₮1.4 trillion elsewhere to pay wages, pensions and energy relief. The deficit it amends had already doubled by July.
S&P returns Kazakhstan to BBB for the first time since 2016
S&P Global Ratings raised Kazakhstan's sovereign rating one notch to BBB with a stable outlook, in a decision reported on Saturday. The upgrade lands in a summer when the route that carries most of the country's export crude loads under drone attack.
Tashkent and Tbilisi retire the paper permit
Uzbekistan and Georgia have switched international road haulage to electronic permits, covering bilateral runs, transit and third-country shipments alike, under a memorandum signed during Mirziyoyev's visit to Georgia in July. Tashkent's transport ministry announced the launch this week.
Uzbekistan charters an English-law enclave to the year 2100
Mirziyoyev has signed the law creating Enterprise Uzbekistan, a digital-technology jurisdiction with zero taxes on export activity, English common law and its own commercial court, guaranteed for 74 years. Central Asia's governments are building a family of imported-law enclaves, and Tashkent's is chartered the longest.
Tajikistan's new B+ is priced against a $5.8 billion dam
S&P raised Tajikistan to B+ on 14 August, its verdict on five years in which the economy grew about 8.5% a year and reserves rose to $6.4 billion. In the same package its analysts put the remaining cost of Rogun at $5.8 billion. The upgrade and the bill belong in one sentence.
Mirziyoyev offers business a 3-year truce
Uzbekistan signed a law of guarantees for business on Monday and spent Tuesday announcing the specifics: fines cut by half, a 3-year moratorium on most small-business inspections, energy prepayments down to 15%, and 10 days to fix a first offence. The guarantees are signed. The specifics, so far, are a speech.
Turkmenistan's China trade runs $5 out for every $1 back
Trade between Turkmenistan and China came to $4.82 billion in the first half of 2026, and its structure is the story: $4.04 billion of Turkmen exports against $778 million of imports.
Urgench brings in Incheon to more than quadruple its airport
Shavkat Mirziyoyev used a Monday stop in Khorezm to unveil a $264 million public-private partnership with Incheon International Airport Corporation that is set to lift Urgench airport's capacity from 300 to 1,300 passengers an hour.