Connectivity

On Wednesday (10 May), KazTransOil, the national oil transporter of Kazakhstan, announced a substantial increase in oil exports via Aktau Port to Baku, Azerbaijan.

According to the company's press service, the export volume surged by 75% in April, reaching 152,400 tons, compared to the previous month's 87,000 tons. In April, KazTransOil also shipped 160,200 tons of oil from Aktau Port to Makhachkala Port, in Russia.

The overall volume of Kazakh oil transported for export from Aktau Port increased by 24%, totaling 600,500 tons.

The Kazakh capital of Almaty will be hosting the 2nd European Union-Central Asia Economic Forum next week on 18-19 May. Building on the 1st EU-Central Asia Economic Forum that took place in Bishkek in 2021, next week's forum will "take stock of progress made so far and discuss ways forward on policy, programmes, and investment needed to develop a more integrated and interconnected regional market engagement". "The Forum will allow to strengthen sustainable connectivity and promote regulatory approximation in the economic area between the EU and Central Asia countries, which is so vital for a better business environment and a safe investment climate," a statement from the EU Central Asia Invest Programme says. "The Forum will gather high-level government officials, the European Investment Bank, the European Bank for Reconstruction and Development, other bilateral and international financial institutions, representatives of the private sector and members of civil society. It is organised in partnership with the Organisation for Economic Co-operation and Development," the statement adds. The forum will focus on three priority areas: a green and digital transition, a better business environment, and trade and connectivity. Next week's forum follows the 4th EU-Central Asia civil society forum that took place in the Uzbek capital of Tashkent in March.

On Wednesday (10 May), Russian President Vladimir Putin signed two separate decrees lifting a ban on flights to Georgia, and abolishing visas for Georgian citizens. From 15 March, Georgian nationals will be allowed to enter Russia without visas for up to 90 days. Lifting the ban on flights reverses a 2019 decision in which the Kremlin banned air traffic with Georgia following a wave of anti-Kremlin protests there. After President Putin signed the decrees, the Russian Foreign Ministry also released a statement reversing its 2019 advice against Russian citizens travelling to Georgia. The statement added that Putin's decrees "are in line with our principled approach of consistently facilitating the conditions for communication and contacts between the citizens of Russia and Georgia, despite the absence of diplomatic relations". Later, Russian state media outlet RIA Novosti reported that the Georgian Deputy Minister of the Economy and Sustainable Development Mariam Kvrivishvili said that Georgia would issue permits for direct flights to non-sanctioned airlines, before adding that authorities were yet to receive any such requests from Russian airlines.

Kazakhstan and Azerbaijan have agreed to increase cultural cooperation, reports The Astana Times on Tuesday (9 May).

Kazakh Minister of Culture and Sports Askhat Oralov announced last week that his country intends to strengthen cultural ties with Azerbaijan and other Turkic countries through the Organization of Turkic States and the International Organization of Turkic Culture.

The European Commission and the European Investment Bank (EIB) have announced a funding package worth €18bn to boost investments in climate action and sustainable economies, the European External Action Service (EEAS) reports.

In a press release, EEAS say that, "this will boost investment in Global Gateway's priority areas – climate action, clean energy and connectivity – in Europe's partner countries around the world. In particular, these projects will aim to help bridge the global climate finance gap and support prevention, adaptation and mitigation."

Trade turnover between China and Central Asian states grew by 31.9% in 2022, Kazakh Deputy Prime Minister and Minister of Trade and Integration Serik Zhumangarin announced on Tuesday (18 April).

Mr Zhumangarin was speaking in an online meeting leading up to the upcoming China+Central Asia (C+C5) Summit in the Chinese city of Xi’an in May.

The online meeting was also attended by the trade and economy ministers of China, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.

Kazakhstan and Azerbaijan have agreed to significantly increase bilateral cooperation in a number of sectors after the President of Azerbaijan Ilham Aliyev met with his Kazakh counterpart Kassym-Jomart Tokayev in Astana on Monday (10 April). The meeting was comprehensive, focusing on strengthening political, trade, economic, transport and transit, as well as cultural and humanitarian cooperation between the two Caspian Sea states. The two presidents signed several memoranda of understanding on cooperation in sports, diaspora initiatives, science, telecommunications, business and culture. President Aliyev and President Tokayev also signed a joint statement and protocol on the establishment of a Supreme Interstate Council, "which is designed to serve the comprehensive strengthening of bilateral relations", according to Tokayev. He said, "The full deployment of the potential of the Trans-Caspian International Transport Route, the so-called Middle Corridor, is of particular importance." Meanwhile, Aliyev said that Azerbaijan is "truly determined to deepen and expand the multifaceted cooperation" with Kazakhstan.