On August 20, the National Bank of Kazakhstan (NBK) came forward with a surprise announcement. The central bank’s chairman, Kairat Kelimbetov, made official the immediate shift to a floating exchange rate of the tenge, the national currency. Since its introduction into circulation in late 1993,... MORE

The collapse in the size of transfer payments from Central Asians working in the Russian Federation—they are down more than half from last year—is having a domino effect in the region and pushing Eurasia into what will, more than likely, be a political perfect storm.... MORE

Dual armed attacks shook Tajikistan, on the night of September 4, as militants allegedly connected to former deputy defense minister General Abduhalim Nazarzoda fired on a police station and a weapons depot in and around Dushanbe. The resulting firefights with government forces ended with 22... MORE

In late August, Russia hosted military exercises for elite forces assigned to the Collective Security Treaty Organization (CSTO). Vzaimodeystviye (Collaboration) 2015 was staged near Pskov, in the Western Military District (MD), testing CSTO rapid reaction capabilities and unit interoperability. The scenario concentrated upon a crisis... MORE

In early July, Kazakh media reported on a new political initiative announced by a group of young activists headed by Olesya Khalabuzar (Informburo.kz, July 8). The group proposed the creation of a political party under the name “Spravedlivost” (“Justice”). This “new left” project seeks to... MORE

On July 6, Indian Prime Minister Narendra Modi kicked off his eight-day tour of Central Asia, visiting the region for the first time since taking office last May. The first country he arrived in was Uzbekistan. “I started my trip from here to underline the... MORE

Kazakhstan plans to expand its shipping fleet on the Caspian Sea and to acquire, for the first time, a blue-water one (Np.kz, July 23). Its maritime strategy is aimed to allow this Caspian-littoral Central Asian republic both to take advantage of the cost-savings of ship... MORE

On July 8, Turkmenistan’s Ministry of Oil and Gas noted that Russian state natural gas company Gazprom had failed to pay for imports since the beginning of the year, stating, “The Russian company OAO Gazprom has failed to pay under its contracts for buying and... MORE

On June 10, Kazakhstan and the World Trade Organization (WTO) announced they had reached an agreement for Kazakhstan’s accession to the trade body, bringing an end to an almost 20-year negotiation process that began when the Central Asian republic applied in January 1996 (Wto.org, June... MORE

On June 22, the World Bank approved $12 million in additional financing for Tajikistan for a project creating temporary employment in rural districts (clearing irrigation and drainage canals). This financing is a specific effort to assist the country in tackling the impact of falling remittances... MORE