Economy
Business and investment
Solar and wind take $376 million of the Kyrgyz-Russian list
Participants at the eighth Kyrgyz-Russian economic forum at Bosteri on Lake Issyk-Kul signed projects whose sector totals come to $545.1 million, with two renewable plants accounting for $376 million of that. The head of the Russian-Kyrgyz Development Fund put the value of all documents signed, trade contracts and inter-regional agreements included, above $800 million.
Recovered assets flow into village water for a second day
For the second morning in a row, Kazakhstan's government has taken money from its recovered-assets fund and pointed it at rural water: 2.7 billion tenge (about $5.7 million) on Thursday, after 5 billion tenge (about $10.6 million) on Wednesday.
India calls an Uzbek trade pact a promising idea
India’s commerce and industry minister Piyush Goyal offered Tashkent the vocabulary of interest at a business forum in New Delhi: a free trade agreement is an idea the two governments could examine.
The Caspian data cable finishes its seabed leg
Kazakhtelecom and its Azerbaijani partner have finished laying fibre across the Caspian floor between Aktau and Sumgait, the hardest stretch of a line due to complete testing this autumn.
All of Tajikistan’s imported wheat now comes from one country
Tajikistan bought 660,800 tonnes of wheat abroad in the first half of 2026, every tonne of it from Kazakhstan, while its own output fell 13.3% to 510,000 tonnes.
Turkmenistan reports growth the IMF cannot find
Ashgabat’s half-year review claims GDP growth of 6.3%. The IMF projects 2.4% for the year and says it builds its own estimates because the official numbers are hard to reconcile with anything else.
The lake the region meets on is losing its ice
Kyrgyzhydromet has measured what the heat is doing. A third of the Issyk-Kul basin’s glacier area is gone against the early catalogues, 23.1% of it in the past 7 to 10 years, and the region’s summits keep convening on the shore of the evidence.
Bektenov turns shelf access into a directive
Kazakhstan’s Tuesday cabinet put first-half manufacturing output at 16 trillion tenge, about $34 billion at Tuesday’s official rate, up 9.8%, and ordered fair access to retail chains for the goods behind the number.
ExxonMobil promises Kazakhstan the long term
Three days after Chevron’s chief executive spoke for the CPC, ExxonMobil’s upstream president sat with the prime minister in Astana and confirmed, in the government’s readout, plans for a long-term presence in Kazakh oil and gas.
Kashagan’s arbitration deadline passes in silence
The end-July date for seating the arbitral panel has passed; no announcement of its composition has surfaced, and the enforcement the arbitration was meant to check keeps running.
A cable starts across the Caspian floor
Laying of the Kazakhstan-Azerbaijan fibre-optic cable began on Friday from Baku toward Aktau, Kazakhstan’s digital development ministry said, with 15 to 20 days of marine work ahead and commissioning promised by the end of the year.
The western workaround acquires statistics at Batumi
Batumi port moved more than 4 million tonnes in the first half of 2026, up 8%, its press service said on 30 July. The port and its oil terminal are run by KazTransOil’s Georgian subsidiary, which makes the figure a Kazakh number as much as a Georgian one.
The ADB puts $250 million into the road around Tbilisi
The Asian Development Bank approved a $250 million loan on 30 July for an 18.9-kilometre four-lane bypass of the Georgian capital, framing it as freight relief on the corridor that links Central Asia to Europe.
Ashgabat gives the EBRD five doors to knock on
EBRD president Odile Renaud-Basso signed a package of five memorandums in Ashgabat on 28 July, among them a 2027 to 2032 strategy framework with the Central Bank of Turkmenistan. President Serdar Berdimuhamedov received her the following day.
Kazakhstan’s oil export duty falls 23% for August
Kazakhstan will levy $76 on each tonne of exported crude and light products in August, down from $99 in July, as its price-linked duty formula tracks a weaker oil price. The cut lands on volumes already thinned by the closure of the CPC route, so the state’s oil take shrinks on rate and quantity at once.
The war on Russia’s warehouses arrives in Kazakhstan
Ukrainian drone strikes on Wildberries’ Russian warehouses have burned through the stock of Kazakh sellers who trade on the platform, and they are pushing Wildberries and Ozon to move warehousing south into Kazakhstan. The first move costs Kazakh small traders real money now; the second offers Kazakhstan a larger logistics business, though not a cheap one.
A tungsten mine for a million tonnes of ore a year
Patokh Shodiev and Mukadaskhan Ibragimova, with a Chinese partner, will develop the Bayan tungsten deposit in North Kazakhstan region. Peak output is put at 1 million tonnes of ore a year, and the first year at 2,820 tonnes.
Kabul turns to its northern door
The Taliban economic commission approved expanding trade through Sher Khan Port with Tajikistan, Kyrgyzstan and China, and told the public works ministry to build the Afghan section of an ECO rail corridor.
Bishkek finds 40 companies at sanctions risk, and closes three
About 40 companies carrying heightened sanctions risk have been identified in Kyrgyzstan since the start of July. Three have been shut and a cryptocurrency licence revoked, and the three match names on the European Union’s new list.
The corridor and the war now share one sea
Peskov called the strikes in the Caspian extremely dangerous on Monday. In the same days, the first cargo to move under electronic TIR across three countries crossed that water from Baku to Turkmenbashi.