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Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source wh...
Kazakhstan and Uzbekistan have signed regional and commercial agreements worth more than 80 billion tenge ($146 million). The deals aim to expand cooperation between the two Central Asian neighbors in trade, transport, industry and cross-border development.
The deals were signed on 24 July in Aktau following the 23rd meeting of the Kazakhstan-Uzbekistan Joint Intergovernmental Commission and the first meeting of the Council of Regional Leaders.
The talks were co-chaired by Kazakh Prime Minister Olzhas Bektenov and Uzbek counterpart Abdulla Aripov, who reviewed progress on agreements reached by Presidents Kassym-Jomart Tokayev and Shavkat Mirziyoyev.
The discussions focused on expanding cooperation in trade, investment, industrial production, transport links, regional development and cultural ties.
“Thanks to the joint efforts of our heads of state, multifaceted cooperation between our countries continues to develop dynamically and today serves as a successful example of partnership for the entire Central Asian region,” Bektenov said.
Aripov said both governments remain committed to carrying out the tasks set by their presidents.
Transport connectivity was a key focus of the discussions as Kazakhstan and Uzbekistan seek to strengthen regional trade corridors.
According to Bektenov, rail freight between the two countries increased by 16% in 2025, reaching 32.3 million tonnes.
The two governments have adopted a plan to expand railway corridor capacity from 35 million to 60 million tonnes.
The port covers 44 hectares, handles nearly 12 million tonnes of cargo annually and provides connections between Central Asia, the Caucasus and the Caspian region.
Kazakhstan has completed dredging works at Kuryk Port and plans to finish similar works at Aktau by the end of 2026, allowing larger vessels to access the ports and increasing cargo capacity.
“Our task is to provide Central Asian cargo with fast and reliable access to the markets of the Caucasus, Türkiye and Europe,” Bektenov said.
Bilateral trade between Kazakhstan and Uzbekistan reached $4.8 billion in 2025, while trade turnover during the first five months of 2026 increased 37% year-on-year to $2.3 billion.
The two countries are implementing a $7.8 billion trade and investment roadmap aimed at diversifying economic cooperation and attracting new investment.
Industrial cooperation is also expanding, with 80 joint projects worth more than $1.8 billion currently underway.
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions.
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U.S. President Donald Trump has called for Iran to pay compensation for decades of deaths and damage, adding a new demand to peace talks as Tehran seeks compensation and sanctions relief before reopening the Strait of Hormuz.
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Central Asia’s economy has surpassed $543 billion, driven by Kazakhstan’s economic weight, strong exports and foreign investment, while growing trade across Asia points to an increasingly connected region.
The United Nations refugee agency is planning a settlement and carpet-weaving workshop for Afghan returnees in Kabul as the country grapples with large-scale returns and growing pressure on housing, jobs and basic services.
Iran will soon join the New Development Bank (NDB), the lender established by BRICS nations, Central Bank Governor Abdolnaser Hemmati said in a state media report on Wednesday ahead of a BRICS finance meeting in India.
Azerbaijan's President Ilham Aliyev has outlined an expanded vision for the Zangezur Corridor, describing it not simply as a transport route connecting mainland Azerbaijan with the Nakhchivan exclave, but as a future platform for energy, telecommunications and wider regional integration.
Iran and Russia are seeking closer cooperation on arms control and Iran’s nuclear programme as the two countries deepen strategic ties amid heightened tensions with the U.S. and Israel.
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