live U.S. and Iran sign ceasefire agreement, details unclear
U.S. President Donald Trump said a preliminary agreement to end the war in the Gulf has been signed by the U.S. and Iran, though details have yet to b...
The United States and Kazakhstan have agreed a locomotive deal worth up to $4.2 billion that will see Wabtec Corporation supply 300 locomotives, U.S. Commerce Secretary Howard Lutnick announced on Monday.
Lutnick said the historic agreement followed a call between President Donald Trump and Kazakh President Kassym-Jomart Tokayev.
Writing on X, he added that the locomotives would boost connectivity across Europe and Asia through the Middle Corridor, with American technology at the core.
"While our rail industry faces unfair attacks from the nonsensical rush toward electric-only policies, this deal delivers strong support for one of our most significant industries.
This $4 Billion deal is more than just a huge success story. It’s about American innovation leading the world, supporting thousands of jobs in TX & PA, & strengthening the U.S.–Kazakhstan partnership." he wrote in the post.
The deal comes against a backdrop of trade tensions as Kazakhstan, which borders Russia and China, has been hit with a 25% tariff rate by Trump.
In July, Tokayev notified President Trump in a letter that his government was ready for constructive dialogue on trade.
The commerce Secretary added that "This is President Trump’s America First trade policy in action: landmark exports, new markets, & U.S. workers winning big!".
Kazakhstan continues active cooperation with the U.S. as latest figures show that in 2024, trade turnover between the countries amounted to $4.2 billion, an increase of 4% from the previous year.
The main export items from Kazakhstan to the U.S. include crude oil, more than 56%, uranium, about 16%, silver, 12%, iron alloys, 9.5%, and tantalum and tantalum products.
It is worth noting that on 7 September, former U.S. President Donald Trump indicated the possibility of visiting Kazakhstan, emphasising the positive nature of his communication with Kassym-Jomart Tokayev.
Details of a reported draft memorandum of understanding between the United States and Iran offer the clearest picture yet of how both sides plan to end months of conflict and move towards a longer-term settlement.
The U.S. and Iran say they have reached a deal to end their conflict, with an immediate ceasefire and reopening of the Strait of Hormuz after the lifting of the U.S. naval blockade. Talks will continue over the next 60 days to finalise the agreement
A senior U.S. official said on Monday that the memorandum of understanding linked to the U.S.-Iran agreement had been signed by President Donald Trump, Vice President JD Vance and Iranian Parliament Speaker Mohammad Bagher Qalibaf.
Israeli Prime Minister Benjamin Netanyahu has told U.S. President Donald Trump that Israel does not consider itself bound by a Lebanon-related provision in an emerging agreement with Iran, according to Israeli officials.
Switzerland on Sunday rejected a referendum proposal to cap its population at 10 million, a projection showed, as voters prioritised economic stability and the country's ties with the European Union over immigration concerns.
In an historic milestone for South Caucasus diplomacy, Hikmat Hajiyev, Assistant to the President of the Republic of Azerbaijan, conducted his first working visit to Armenia on 14 June for a high-level meeting with Armen Grigoryan, Secretary of the Security Council of the Republic of Armenia.
The Trans-Caspian East-West International Transport Corridor, commonly known as the Middle Corridor, is a multimodal trade route linking China and the European Union via Central Asia, the Caspian Sea, the Caucasus and Türkiye.
The United Nations Security Council unanimously extended the United Nations Assistance Mission in Afghanistan (UNAMA) until 17 June 2027 in New York on Monday, preserving its humanitarian, rights and political work.
Iran has said that reaching an agreement with the U.S. to end the war does not mean Tehran will overlook what it describes as war crimes committed against Iranians by Israel and the United States.
Uzbekistan and five partner countries have signed a protocol to further develop the CASCA+ railway corridor, a growing transport route linking Central Asia, the South Caucasus and Türkiye that provides an alternative connection between Asian and European markets.
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