“Money loves quiet,” Kyrgyzstan’s President Almaz Atambayev once stated, stressing the need for a better investment climate amid occasional instability plaguing the aspiring democracy, which boasts Central Asia’s first parliamentary system of government (www.members.vb.kg, February 18, 2011).Atambayev, who gained a six-year term in 2011 in... MORE

On January 28, 2013, Kazakhstan’s Oil and Gas Ministry announced the country had exported 68.62 million tons of crude oil and condensed natural gas in 2012, a 3.3-percent rise over the 2011 figure. In 2013, Kazakhstan plans to produce 82 million tons of crude oil... MORE

The kabuki-style dance of trade partners Mongolia and China began again in earnest when on January 15 the third meeting of the Mongolia-China Cooperation Commission on Mineral Resources and Energy met in Ulaanbaatar. Mongolia’s Minister of Mining Davaajav Gankhuyag led the Mongolian side and Deputy... MORE

Hours before Kazakhstan’s newly appointed Foreign Minister Erlan Idrissov started his first official visit to the Russian Federation, one of Russia’s daily newspapers reported that the country’s foreign ministry had addressed a diplomatic note to its Kazakhstani counterpart with regard to the issue of the... MORE

Already unstable relations between Uzbekistan and Kyrgyzstan worsened this week. Violence had erupted in early January 2013 in the Uzbekistani enclave of Sokh located inside Kyrgyzstan that resulted in property damage and hostages being taking. Since January 7, Bishkek continues to block access to Uzbekistan’s... MORE

While Western financial blogs in 2012 decried the rise of Mongolian resource nationalism as well as continuing corruption in Mongolia’s mining sector, Australia, cautiously yet successfully, has maneuvered through the same environment to significantly increase its investment and political footprint. Mongolia’s superhot mining boom cooled... MORE

*To read Part One, please click here. According to the data released in December 2012 by the International Monetary Fund (IMF), Kazakhstan’s stock of cumulative foreign investment abroad was around $20 billion at the end of 2011. The top five destinations for Kazakhstan’s Outward Foreign... MORE

News agencies reported on January 10 that the European Union had earmarked 2.1 million euros ($2.8 million) for Kyrgyzstan to administer and rehabilitate the country’s former uranium-producing site in Min-Kush in central Naryn province as well as the uranium tailings (waste by-products of uranium mining)... MORE

In 2012, Kazakhstan’s law enforcement agencies suppressed the activities of 205 missionaries representing the unregistered religious organization Tablighi Jamaat, Kazakhstani Senator Iran Amirov said. According to the Central Asian republic’s laws, the activity of any unregistered religious organization is prohibited. Therefore, Tablighi Jamaat missionaries had... MORE

Despite common perceptions that China and Russia are the main external influences on Kazakhstan’s economy, newly released information from the National Bank of Kazakhstan shows that, as of the end of September 2012, Western countries topped the charts as the main sources of foreign direct... MORE