Central Asia Wire
Independent Central Asia Monitor
Breaking
EcoIslamicBank goes on the EU list from 13 AugustTashkent sends a 300-strong business delegation to KabulKazakhstan moves from a fine to a seizure at KashaganThe war reaches the Caspian

Search

93 results
  1. Bishkek finds 40 companies at sanctions risk, and closes three
    EconomyBrief28 Jul

    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.

  2. The corridor and the war now share one sea
    EconomyAnalysis28 Jul

    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.

  3. Pashinyan asks Putin to lift the export bans
    EconomyBrief28 Jul

    Pashinyan asks Putin to lift the export bans

    Armenia’s prime minister raised the Russian restrictions with Putin by telephone on Monday, the day the dairy ban took effect, and told him they contradict both the bilateral treaty framework and the rules of the Eurasian Economic Union.

  4. Russia puts a price on the migrant family
    EconomyAnalysis28 Jul

    Russia puts a price on the migrant family

    The law Putin signed on 26 July ties the right to work to an income test measured per dependant, and charges a fixed monthly tax for each of them. Most of it starts on 1 January 2027.

  5. Armenia’s dairy ban takes effect
    EconomyBrief27 Jul

    Armenia’s dairy ban takes effect

    Russia’s restriction on Armenian dairy came into force on Monday. Yerevan’s food safety inspectorate says the joint inspection behind it found nothing of the kind.

  6. Kabul and Tashkent sign 22 documents worth $200 million
    EconomyBrief27 Jul

    Kabul and Tashkent sign 22 documents worth $200 million

    This morning the desk asked which goods would appear when the paperwork did. Cotton appeared first, at 10,000 tonnes on trial with an offer for 100,000 more.

  7. Tashkent sends a 300-strong business delegation to Kabul
    EconomyBrief27 Jul

    Tashkent sends a 300-strong business delegation to Kabul

    Uzbekistan’s deputy prime minister spent the weekend in Kabul with a delegation and a tariff offer. The stated target is $5 billion of trade.

  8. EcoIslamicBank goes on the EU list from 13 August
    EconomyBrief27 Jul

    EcoIslamicBank goes on the EU list from 13 August

    The 21st package names a Kyrgyz bank, three Bishkek companies and two Kazakh ones. Within a day, transfers from Russia to four countries stopped going through.

  9. 0202020
    EconomyBrief27 Jul

    Kazakhstan moves from a fine to a seizure at Kashagan

    Property and vehicles belonging to the Kashagan operator went under restriction on 21 July. The justice ministry has told the operator’s managing director he could face criminal liability.

  10. Mongolia enters the EAEU tariff system
    EconomyBrief23 Jul

    Mongolia enters the EAEU tariff system

    The interim trade agreement between the Eurasian Economic Union and Mongolia entered into force on 22 July. Duties are cut or removed on 367 tariff subheadings for each side, covering about 90% of the trade between them, for three years with automatic renewal. By the commission’s account, Mongolia has no comparable agreement with anyone else in the region.

  11. Uzbekistan signs its own commercial court into law
    EconomyBrief23 Jul

    Uzbekistan signs its own commercial court into law

    President Mirziyoyev has signed the constitutional law on the Tashkent International Financial Centre, which takes effect on 25 July. It creates a special jurisdiction with its own regulation and its own court: the Tashkent International Commercial Court, with a first instance and an appeal chamber, for commercial, corporate and financial disputes inside the centre.

  12. Astana starts collecting $4.9 billion against an arbitral order
    EconomyAnalysis23 Jul

    Astana starts collecting $4.9 billion against an arbitral order

    The voluntary deadline passed on 20 July, and Kazakhstan opened enforcement proceedings for a 2.3 trillion tenge environmental fine against NCOC, the Kashagan operator, the justice ministry said on the 21st; the tenge figure is the legal one, and dollar renderings of it run from $4.4 to $4.9 billion. A UNCITRAL tribunal had barred exactly that, as the consortium announced on 16 July. Reuters reports the state warned the consortium’s chief executive of administrative and criminal liability.

  13. Moscow starts Uzbekistan up the produce ladder
    EconomyBrief22 Jul

    Moscow starts Uzbekistan up the produce ladder

    Rosselkhoznadzor will restrict imports from five Uzbek exporters from 23 July, citing phytosanitary violations: cabbage, onions, herbs, beetroot, tomatoes and grapes. In May the same regulator suspended ten Uzbek exporters. Armenia climbed this ladder rung by rung this spring, to a full ban in June.

  14. The first e-TIR truck heads for Turkmenistan
    EconomyBrief21 Jul

    The first e-TIR truck heads for Turkmenistan

    The first pilot shipment under the electronic TIR customs system between Azerbaijan and Turkmenistan began this week, the head of Azerbaijan’s road carriers association said: the cargo has already crossed from Kazakhstan to Azerbaijan over the Caspian and moves on to Turkmenistan next.

  15. The heat breaks, and the bill arrives in mud
    EconomyAnalysis21 Jul

    The heat breaks, and the bill arrives in mud

    Bishkek logged 43.5 degrees on Sunday, its third daily record in a row, after the hottest 17 and 18 July in observation history; Uzbekistan’s grid ran five record days. From Tuesday both hydromets forecast the break, and both have posted mudflow warnings for the mountain belts, Kyrgyzstan’s through 25 July, Uzbekistan’s through the 24th. Summer in the region now alternates between two infrastructure tests, and there is no season between them.

  16. Kazakhstan’s fuel wall takes comments for one more day
    EconomyAnalysis20 Jul

    Kazakhstan’s fuel wall takes comments for one more day

    Public comment on the energy ministry’s draft order closes on Tuesday. The draft extends the ban on gasoline and diesel exports by road and rail from 22 November 2026 to 22 May 2027, keeps EAEU members inside it, and adds a separate half-year ban from January on jet kerosene, light distillates, gasoils, toluene, xylene and bitumen leaving the union’s customs territory.

  17. The marked tenge is money now
    EconomyBrief20 Jul

    The marked tenge is money now

  18. Rusal exploring $20 million cable and wire plant in Mongolia
    EconomyBrief20 Jul

    Rusal exploring $20 million cable and wire plant in Mongolia

    A proposed plant near Ulaanbaatar would produce 4,500 tonnes of cables and conductors a year using Russian aluminium wire rod for Mongolia’s domestic market, Central Asia Wire has learned.

  19. Turkmenistan negotiates its own terminal on the Black Sea
    EconomyAnalysis17 Jul

    Turkmenistan negotiates its own terminal on the Black Sea

    At a business forum in Georgia on 16 July, Serdar Berdimuhamedov said Ashgabat is in talks to establish a Turkmen cargo terminal on Georgia’s Black Sea coast. Add the Damen dredging talks at Turkmenbashi and the Baku transit spine, and the corridor’s quietest player is assembling positions at every gate between the Caspian and Europe.

  20. Kazakhstan switches on money that reports itself
    EconomyAnalysis16 Jul

    Kazakhstan switches on money that reports itself

    On 18 July the digital tenge becomes legal tender in full circulation, and its defining feature is the mark: the law lets each digital tenge be tagged with a unique identifier, and every movement runs on the National Bank’s platform, so the state can trace the money it issues. Uzbekistan is fighting over whether banks must report large transfers. Kazakhstan has built a currency that makes the question obsolete.