157 bodies recovered after deadly Nepal landslide
At least 157 people have been killed and hundreds are missing after a massive landslide triggered catastrophic flooding near Nepal’...
Trade between Kazakhstan and Uzbekistan rose by 16.2% in 2025 to nearly $5 billion, underscoring deepening economic ties highlighted during a visit by Kazakhstan’s Foreign Minister Yerlan Kosherbayev.
During the visit, Kosherbayev was received by Uzbekistan’s President Shavkat Mirziyoyev, with discussions focusing on bilateral cooperation and the implementation of previously agreed commitments.
The increase in trade reflects a broader shift towards more structured and predictable economic engagement. Kazakhstan remains one of Uzbekistan’s top three trading partners, and both sides are aiming to double trade to $10 billion.
This trend is increasingly underpinned by industrial cooperation. The two countries are implementing 78 joint projects with a combined value of around $1.8 billion. These initiatives signal a gradual transition from trade-led interaction to deeper economic integration based on shared production and investment.
Infrastructure is becoming a central pillar of this approach. Key projects include the International Centre for Industrial Cooperation “Central Asia”, alongside reciprocal developments such as the “Tashkent” hotel in Astana, the “Astana” hotel in Tashkent, and the “Astana” district in the Yangi Tashkent area. These initiatives are intended to facilitate business activity while reinforcing long-term economic presence.
Transport connectivity remains another priority. Kazakhstan and Uzbekistan are working to strengthen their roles as transit hubs linking Central Asia with markets in the Middle East, South Asia, and Europe.
Alongside economic cooperation, the two sides are coordinating on regional and international issues. In talks with Uzbekistan’s Foreign Minister Bakhtiyor Saidov, Kosherbayev discussed key agenda items and confirmed the intention to deepen cooperation within multilateral frameworks.
At the same time, humanitarian and educational ties are expanding. This includes the operation of university branches in Almaty and Chirchik, aimed at supporting workforce development for joint economic projects.
The visit concluded with the signing of a cooperation programme between the two foreign ministries for 2026–2027, formalising the next phase of bilateral engagement and reflecting a shift towards a more structured, long-term partnership.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time being”, Axios reports. Meanwhile, Iran and Oman have resumed talks on a temporary shipping route through the Strait of Hormuz.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
At least 157 people have been killed and hundreds are missing after a massive landslide triggered catastrophic flooding near Nepal’s Himalayan border with China’s Tibet region.
Russia and Ukraine have exchanged 10 prisoners of war each in Belarus, Moscow's Human Rights Commissioner, Yana Lantratova, has said.
The inaugural Silk Road Finance & Technology Forum brought together policymakers, investors and technology companies as Central Asia looks to build a more connected financial system and compete for a bigger share of global fintech investment.
The Silk Road Finance & Technology Forum will bring more than 6,000 policymakers, investors and technology leaders from 74 countries to Tashkent, as Central Asia seeks a bigger role in the global fintech landscape.
Kazakhstan is considering the Baku-Supsa pipeline as an alternative oil export route after Caspian Pipeline Consortium disruptions cost the country an estimated 3.5 million tonnes of oil, Energy Minister Yerlan Akkenzhenov said.
Kuwait’s Al-Sayer Group plans to export fresh and dried Afghan fruit to Kuwait and other markets while exploring broader trade and investment opportunities in Afghanistan, according to Afghan government statements following talks in Kabul on Tuesday.
Central Asia’s fintech ambitions are in the spotlight as a major forum in Tashkent draws to a close, shifting attention from the region’s potential to the investment, infrastructure and global reach needed to turn that vision into growth.
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