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Kazakhstan signs crypto decree that lets miners run on gas the grid doesn't need
President Tokayev signed a decree on 8 July laying out rules for a regulated digital-asset market, stablecoins, tax breaks and tokenised government bonds. One detail stands out: crypto miners can now be powered by associated petroleum and natural gas when the state doesn't need it for other purposes.
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The corridor Central Asia is betting on is running low on water
This week Turkmenistan's ambassador called on the Dutch shipbuilder Damen to talk about its Caspian port, and the headline was dredging. The detail matters more than a courtesy visit suggests. The Caspian Sea is falling, and the trade corridor Central Asia is building to bypass Russia depends on ports staying deep enough to use.
Kyrgyzstan borrows to fix its finances while opening a zone that pays no tax
On 1 July the Asian Development Bank approved another $70 million for Kyrgyzstan, this time to strengthen fiscal management and governance. Days earlier, on the shore of Lake Issyk-Kul, the government had opened a financial zone offering 49 years without tax. Bishkek is borrowing from the development banks to shore up a budget it is hollowing out at home.
Uzbekistan's first census since 1989 finds 810,000 people its estimates missed
Uzbekistan's first full census since Soviet times puts the population at 39 million, some 810,000 above the running estimate, a gap the size of a large city. The new baseline resets the numbers behind schools, water, farmland and the labour force. For the region's largest young society, the recount is a planning shock.
Kyrgyzstan's new Issyk-Kul zone offers English law and 49 years without tax
On 3 July President Sadyr Japarov opened the Tamchy Special Financial Investment Territory on Lake Issyk-Kul: 6,000 hectares under English common law, no tax for 49 years, full profit repatriation and its own arbitration court. He pitched it as a Dubai or Singapore for the region. The first residents came from Switzerland, Hong Kong and the Gulf.
Kazakhstan's lithium ambition runs into the gap between a lab and a plant
The industry ministry says Kazakh scientists have pulled lithium from low-grade ore at a concentration standard methods cannot reach. It is a laboratory result. The country's aim, to process critical minerals rather than ship the rock, still turns on money and scale it does not yet have.
The World Bank adds $300 million to a dam that may never pay for itself
On 30 June the World Bank approved a second $300 million grant for Tajikistan's Rogun hydropower plant, and the next day added $100 million for economic reforms. The money keeps arriving for a project that S&P has warned may never earn back its cost, and that downstream neighbours say could shrink the Amu Darya.
Uzbekistan’s cargo boom is outgrowing its border posts
Cargo turnover grew 43% in the first half of 2026 and transit traffic 35%, the transport minister and customs chief reported on state television. The bottleneck has moved to the border, where the president wants throughput doubled.
Kazakhstan pitches investors an AI state built on a strained grid
At the 38th Foreign Investors’ Council in Astana, President Tokayev put artificial intelligence, digital sovereignty and critical minerals at the centre of Kazakhstan’s investment offer. The pitch is coherent. The power system underneath it is the open question.
Over a third of Tajikistan’s exports now go to one country, and it is Switzerland
Switzerland became Tajikistan’s third-largest trading partner in January-May, overtaking Kazakhstan, and its largest export market by far: 36.3% of everything Tajikistan sold abroad, worth $508 million, went to one Alpine country. The likely cargo is gold, and the pattern says as much about Tajikistan’s budget as about its trade.
Central Asia’s shortcut to the sea runs through a war
Landlocked Central Asia wants a fast route to the ocean through Afghanistan and Pakistan. The war between them has shut that door for now, and it is pushing Afghanistan’s own trade north into Central Asia instead. Both shifts redraw the region’s map of dependence.
Air Belgium will fly cargo through Ashgabat, and Turkmenistan dreams of a hub
Air Belgium plans to start cargo flights through Ashgabat in early August, the Turkmen embassy in Brussels said. For one of the world’s most closed countries, the freighter is a small bet on becoming an air-cargo bridge between Europe and Asia.
Kazakhstan signs into America’s AI bloc, the same week it was China’s guest of honour
Kazakhstan joined Pax Silica, the US-led coalition to build AI supply chains outside China, signing the accession in Washington on 27 June. It is the first Central Asian state to join. The signature is days old, and it lands in the same week Kazakhstan was guest of honour at China’s Eurasia expo and agreed to route its disaster data through Xinjiang.
At China’s Eurasia expo, Kazakhstan is guest of honour and the trade runs one way
Kazakhstan was the guest of honour last week at the China-Eurasia Expo in Urumqi, where Astana and Beijing set a target of $100 billion in annual trade. China’s trade with Central Asia passed $100 billion for the first time in 2025. The flows, and the advantage, point mostly one way.
Tajikistan’s workforce will add two million by 2040. The jobs are the missing half
Tajikistan’s working-age population will grow by more than 2 million by 2040, official projections say. Whether that becomes an engine or a pressure depends on a number the country has struggled to move: jobs created at home.
Kazakhstan and Uzbekistan put their border crossings on a 24-hour clock
Kazakhstan and Uzbekistan are moving border checkpoints to round-the-clock operation, qazinform reported on 26 June. It is a small administrative change with a real effect on trade: a border open all night moves more goods than one that closes at five.
Kazakhstan wants to host Central Asia’s AI. The bottleneck is electricity
A Nasdaq-listed firm has floated a 1 gigawatt AI data centre in Kazakhstan, one of several AI projects Astana is courting in its self-declared Year of Artificial Intelligence. A gigawatt is a large power station. Kazakhstan already struggles to keep the power it has.
A Russia-anchored development bank is widening its map. Oman is joining, Mongolia is in talks
At its annual meeting in Almaty, the Eurasian Development Bank said Oman will join this year and Mongolia is in negotiations, with its portfolio now around $22 billion. A bank built by Moscow and Astana is collecting members well beyond the post-Soviet space, at a moment when one of its founders is under sanctions.
The IMF likes Uzbekistan’s numbers and still flags the risks
Uzbekistan grew 7.7% in 2025 and brought inflation down, the IMF said this week. The praise came with the usual instruction: keep policy tight, because the easy part of the cycle is ending.
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Kazakhstan barely notices remittances. For two of its neighbours, they are the economy
New figures show Kazakhstan sent about $376 million abroad in the first four months of 2026 and took in far less. Money wired home by migrants barely registers in its economy. Two doors down, in Dushanbe and Bishkek, the same flow is most of the household budget. One region, two opposite economies.