On May 1, Ukraine and the United States signed a long-anticipated minerals deal providing the United States with preferential rights to mineral extraction in Ukraine. The agreement creates a U.S.-controlled, jointly-managed investment fund that will receive revenues from new projects in critical minerals, oil, and... MORE

Executive Summary: Japan, the fifth largest economy in the world, is making new moves to gain access to natural resources and industries in Central Asia, sparking tension with Moscow and Beijing. The Japanese government views recent Central Asian agreements on borders as opening a new... MORE

Executive Summary: Azerbaijan and Kazakhstan have announced they will hold joint naval exercises in the northern portion of the Caspian Sea near Russia’s coastline to prepare for any asymmetrical threat. While this announcement was overshadowed by Russian President Vladimir Putin’s ratification of a cooperation accord... MORE

Executive Summary: The five Central Asian countries have suffered a new brain drain since gaining independence in 1991, with a large share of their advanced students and best scholars moving to the West rather than to Russia, as had been the case in Soviet times.... MORE

Executive Summary: The presidents of Kyrgyzstan, Tajikistan, and Uzbekistan resolved the last major border conflict in Central Asia through the Agreement on the Junction Point of the State Borders of the Three Countries signed in Khujand, Tajikistan, on March 31. The resolution of border issues... MORE

Executive Summary: Kazakhstan launched a new container rail service linking the People’s Republic of China (PRC) and Poland, reinforcing its position as a vital transit hub through Eurasia. The China-Kyrgyzstan-Uzbekistan (CKU) railway, a part of the PRC’s “One Belt, One Road” initiative, has emerged as... MORE

Executive Summary: Kazakhstan is positioning itself as a strategic hub for critical minerals, leveraging its vast reserves of copper, zinc, lead, and nickel to attract foreign investment and diversify economic partnerships amid growing global demand and geopolitical competition. Deepening cooperation with the People’s Republic of... MORE

Executive Summary: Central Asians have long called for Russia to divert water from Siberian rivers to help them address water shortages, which are a result of rising demand and global warming. These calls have been rebuffed because Russians have feared that it would harm their... MORE

Executive Summary: In mid-February, Türkiye and Turkmenistan signed an agreement facilitating the flow of natural gas through Iran, a step to enhance Türkiye’s energy security and diversify its supply. Iran’s technical issues in infrastructure and the increased chances of U.S. sanctions bring risks of supply... MORE

Executive Summary: The Caspian Sea’s declining water levels are reducing the amount of cargo that ships can carry, undermining Russia and the People’s Republic of China’s capability to use the sea for their north-south and east-west trade networks. Both Russia and the People’s Republic of... MORE