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President of Kazakhstan Kassym-Jomart Tokayev chaired the first OTS Central Banks Council meeting in Astana, calling for greater financial cooperation amid global economic shifts.
The first meeting of the Council of Central Banks of the Organization of Turkic States (OTS) was held in Astana, chaired by Kazakhstan's President Kassym-Jomart Tokayev.
In his opening remarks, Tokayev stressed the need to deepen cooperation among OTS countries amid global economic transformation driven by shifting trade policies. He noted that the region’s share of global GDP grew from 2.4% in 2010 to 3.1%, reflecting increased macroeconomic stability.
President Tokayev highlighted that financial cooperation could boost broader economic ties, with central banks playing a key role. He emphasized the importance of topics on the Council’s agenda, such as monetary policy, digital currencies, and fintech development.
Kazakhstan, he said, has led in this field, with cashless payments reaching 85% of all transactions and the successful launch of the region’s first central bank digital currency - the digital tenge. New regulations are expected soon to govern digital assets, including cryptocurrencies and tokenized instruments.
Heads of central banks from Azerbaijan, Kyrgyzstan, Türkiye, Uzbekistan, Hungary, and Kazakhstan also took part in the meeting.
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China's Foreign Minister Wang Yi on Tuesday talked up "high-level exchanges" in a call with Japanese counterpart Toshimitsu Motegi, hinting at a potential meeting between Chinese President Xi Jinping and Japan's new premier, Sanae Takaichi.
Estonian President Alar Karis arrived in Kazakhstan on 17 November for a state visit aimed at strengthening bilateral cooperation in trade, technology, and transport, signalling a new phase in Kazakhstan’s engagement with the European Union.
Armenian Prime Minister Nikol Pashinyan will travel to Astana for an official visit from the 20th –21st November, according to the press service of Akorda.
The 27th plenary meeting of the Conference of the Special Service Agencies of the Turkic States on the theme 'The Role of Special Service Agencies in Ensuring the Security of International Transport Lines' was held in Khankendi city on 14 November.
The United Nations Security Council voted to adopt a U.S.-drafted resolution endorsing President Donald Trump's plan to end the war in Gaza and authorising an international stabilisation force for the Palestinian territory on Monday.
Turkish Defence Minister Yaşar Güler stated on Monday that it would take at least two months to reach initial conclusions and analyse the black box of a Turkish cargo plane that crashed in Georgia last week, resulting in the deaths of 20 soldiers.
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