X
X

investment

As Stalin-era factory turns to crypto mining, Georgian workers protest

The Agara Sugar Company, in the eponymous town about 90 kilometers from...

Perspectives | Washington joins Azerbaijan to undercut a transparency initiative

Campaigners were joyous nine years ago when Azerbaijan became the first country...

Armenia and Azerbaijan compete to attract Iranian cargo

On its heavily fortified border with the Islamic Republic of Iran, Armenia...

Kyrgyzstan: In Kazarman, nothing gold can stay

The language of gold-making spills easily from people’s mouths in Kazarman. Every...

China assures Kazakhstan that US trade offensive won't hit imports

China has pledged to boost imports from Kazakhstan and guaranteed that US...

Expert Opinions: The Trump Organization in the Caucasus

Masha Udensiva-Brenner tells the story of New Yorker staff writer Adam Davidson’s...

European Investment Bank Approves $1 Billion Funding for TANAP Gas Pipeline

The European Investment Bank (EIB) has approved 932 million Euros ($1.15 billion)...

Central Asia Leaders Confab but Stop Short of Binding Commitments

A gathering of Central Asia presidents held in Kazakhstan’s capital this week...

Perspectives | Putin's Reelection Won't Fix Poverty and Pensions

Russians are growing frustrated with poor healthcare, underfunded schools, and increasing poverty,...

Perspectives | What Another Six Years of Putin Spells for Russia’s Economy

Most Russians would be forgiven for skipping this month’s presidential election. With...

Kyrgyzstan: The Ponzi that Broke a Village

When Sattylyk first arrived in Boz Beshik, a little village poised scenically...

Turkmenistan: TAPI Deadline Pushed Back to 2022?

The government of Turkmenistan has regularly stated it expects the trans-Afghan TAPI...

Turkmenistan's Plan B: Electricity Exports

With all the fanfare that accompanied the recent start to work on...

With Port Project, Georgia Seeks Place on China's Belt and Road

For years, Beijing has cast a shadow on a patch of swamp...

South Ossetian Police Pressure Investigative Journalist

Government authorities in the Georgian breakaway region of South Ossetia have pressured...

Fear, Silence Weigh on Turkey's Armenians after Failed Coup

Aruş Taş, a silversmith in Istanbul’s historic Grand Bazaar, has witnessed decades...

Azerbaijan: Small Bookstore Owner Describes Hostile Takeover by Powerful Minister

Nigar Kocharli opened her first bookstore – a small space in a...

European Bank Approves 1.5 Billion Euros For Azeri Gas Pipeline

The European Investment Bank (EIB) has approved 1.5 billion euros in financing...

TAPI Enters Afghan Phase with Little Cash and Many Problems

It is the natural gas pipeline project that many have long said...

Something Brewing: Georgia’s Tea Renaissance

“Tea,” our friend Lasha indicated with a head nod, driving past fields...


Perspectives | Is the Eurasian Belt and Road Headed toward a Rate Wrangle?

China’s Belt and Road infrastructure development initiative may be in its infancy,...

Uzbekistan Racing Against Time to Avoid Energy Crunch

Since the soil beneath Uzbekistan is brimming with oil and gas riches,...

European Bank Gives Go-Ahead to Controversial Georgian Dam

The largest hydroelectricity project in Georgia’s independent history looks set to go...

Tajikistan: Roghun to Begin Producing Power on President’s Day

The first turbines at Tajikistan’s Roghun hydropower plant are set to go...

Tajikistan Resumes Building Turkmenistan-China Pipeline

Work has resumed in Tajikistan on construction work on a natural gas...

Tajikistan: Is Islamic Banking the Future?

Many of Tajikistan’s traditional banks are wobbling due to years of chronic...

Kazakhstan: Airlines Warn of Price Increases as Taxes Rise

Some prominent international air carriers working in Kazakhstan last week formed a...

Kazakhstan: Dutch Court Lifts $22B Freeze on National Fund Assets

A court in the Netherlands has lifted a freeze of $22 billion...

Kazakhstan: Businessman a Hostage in Astana-Ablyazov Feud?

Without warning one evening in November, agents from Kazakhstan’s security services mobbed...

Presidential Selection: Armen Sargsyan’s Second Coming to Armenia

On January 19, Armenia’s outgoing president Serzh Sargsyan presented his ambassador to...

Turkmenistan Bans Sex, Drugs and Violence on TV

Turkmenistan has adopted broadcasting legislation that in effect bans the depiction on...

Kazakhstan: Nazarbayev Travels to US for Working Visit

Kazakhstan’s President Nursultan Nazarbayev has begun a three-day trip to the United...

Azerbaijani Journalist Abducted in Georgia Sentenced to 6 Years in Prison

Azerbaijani investigative journalist Afgan Mukhtarli, who went missing in Tbilisi in May...

The Rail Deal for Central Asia

It is an exciting time to be a railway enthusiast in Central...

Kremlin Subsidies Keeping Crimea Afloat

Crimea is becoming a growing financial burden for the Russian government. Under...

Kazakhstan: US Bank Freezes $22Bln in National Fund Assets

A leading US bank has frozen $22 billion worth of assets belonging...

Georgia: Dam Threatens Traditional Svan Way of Life

On his land in the Svaneti mountains, Zaza Vibliani shows off his...

The Belt and Road through Eurasia: Who Wins and How?

China’s Belt and Road infrastructure development initiative will have its winners and...

Caspian Pact Paves Way for Turkmen Gas Exports to Europe – Eventually

After close to 30 years of haggling over the legal status of...

Uzbekistan Restoring Closer Military Ties with Russia

Uzbekistan has agreed to buy Russian attack helicopters, the latest sign that...

Tajikistan: How a Broke Government Keeps its Books Balanced

In its annual budget, Tajikistan is relying on unusual accounting maneuvers to ensure...

With Opening of Turkish Border, Georgia's Armenians Grow Uneasy

A few weeks ago, residents of the village of Dadash, on Georgia's...

Kazakhstan Looks to Azerbaijan for Gas Transit

Kazakhstan is exploring options with Azerbaijan on finding new export outlets for...

Tajikistan: Aluminum Giant Suffers Output Slump

Tajik Aluminum Company, by far Tajikistan’s largest industrial concern, has said it...

Kazakhstan: President Demands Return of Offshore Funds

Kazakhstan’s President Nursultan Nazarbayev has threatened companies stashing money abroad with ominous...

Armenia Debates Shift Away From Nuclear Power

With its aged nuclear power plant scheduled to close in a decade,...

Eurasian Economic Union:  Many Problems, Few Solutions

The squabble between Kazakhstan and Kyrgyzstan was relatively petty, but the cracks...

Abkhazia: Counting on a Cryptocurrency

Breakaway Abkhazia plans to launch its own cryptocurrency in a bid to...

China Striving to Boost Energy Imports from Turkmenistan

China is expected to be a major presence at the 28th meeting...

Uzbekistan Strikes Multibillion Dollar Deals in Korea, Seeks Mining Help

In his latest foray in the mission to reopen his nation to...

Kyrgyzstan: A Lucky President Prepares to Leave Office

With only days remaining before his six-year tenure as chief executive ends,...

Afghanistan Betting on Transit Corridor to Europe via Caucasus

Eurasia has no shortage of ambitious, difficult-to-implement transit route projects in the...

Kazakhstan: Financial Illiteracy Hampering Economic Recovery

Kazakhstan’s National Bank will embark on research next year to find out...

Karabakh: What to Make of the Fresh Diplomatic Round?

With relative quiet continuing on the Armenian-Azerbaijani Line of Contact, bilateral negotiations...

Kazakhstan: Prosecutors Hunt Mystery Millionaire Offical

Kazakhstan is abuzz with this week’s supposed revelations about how a government...

Turkmenistan: Iran, Saudis Dangle Exits from Energy Cul-de-Sac

In these lean times, Turkmenistan has been seeking out potential clients and...

Armenians Rally Against American GMOs

The United States embassy in Yerevan has sparked controversy by promoting the...

Kazakhstan, Paradise Papers: Offshore Propped Up by Bailed-out Bank

A trove of documents obtained by German newspaper Suddeutsche Zeitung has shed...

Russian-Armenian Tycoon Expanding Influence in Armenia

Samvel Karapetyan, an Armenian-born billionaire who has built a business empire in...

Full Steam Ahead: Long-Awaited Baku-Tbilisi-Kars Railway Opens

The launch of a new railway in the South Caucasus has the...

Georgia Keeping Its Land Off-Limits for Foreigners

Every month Yuriy embarks on a 17-hour drive from Donetsk to Tbilisi,...

Tashkent City: Is ‘Progress’ Worth the Price Being Paid in Uzbekistan?

The silver skyscrapers of Tashkent City are intended to declare Uzbekistan’s capital...

Karabakh: Syrian Refugees Flee One War Zone for Another

About 20,000 Syrian refugees have settled in Armenia and Nagorno-Karabakh since the...

Azerbaijan: EBRD Gives Go Ahead for Azeri Pipeline Funding Despite “Laundromat” Allegations

The European Bank of Reconstruction and Development’s board on October 18 approved...

Tajikistan: Small-Time Debtors Detained, Larger Delinquents Get Away

Police in Tajikistan announced in early October, via a run-of-the-mill press release,...

Armenia: With EU Deal, Romancing Both Brussels and Moscow

Moscow appears angling to reinforce Armenia’s shaken commitment to the Russia-centric economic...

Turkmenistan: Economy, Finance Ministries Merged to Save Money

Turkmenistan has merged two key ministries in the latest of a series...

South Korea Looking for Ways to Boost Central Asian Trade

South Korean officials have established an agency to deepen the country’s trade...

Evaluating the Risks Posed by Russia’s Nuclear Upgrade

In recently staged exercises, dubbed Zapad, Russian armed forces displayed a robust...

Uzbekistan: Tashkent Revamp Tests Official Pledge on Public Dialogue

Try surfing in landlocked Uzbekistan? Or maybe check out the dolphinarium in...

Uzbekistan: The Tashkent Spring Experiences a Frost

Speaking at the UN General Assembly in mid-September, Uzbek President Shavkat Mirziyoyev...

Kyrgyzstan: Foreigners May Be Allowed to Buy Real Estate

Parliament in Kyrgyzstan this week began considering changes to the law that...

Uzbekistan: Cotton Slave Labor Out, Human Rights Ombudsman In?

Just as the annual cotton-picking season entered its most intense phase in...

Abkhazia: Is Chinese Investment a Panacea or a Pipe Dream?

Spend enough time at Brehalovka, an iconic coffee house and hotbed of...

Kyrgyzstan: Where Hydropower Dreams and Penny Stocks Meet

It is back to square one for Kyrgyzstan, as the Central Asian...

Azerbaijan and BP Cement Ties Through 2050

The government of Azerbaijan signed a new production sharing agreement (PSA) with the...

Uzbekistan: Turkish Business Returning, Cautiously

Turkish businessmen in Uzbekistan have repeatedly been stung over the years, but...

Belarus Balks at Prospect of Big Investments in Turkmenistan

Turkmenistan’s investment climate is so poor that even companies in one of...

Ukraine and Chinese Investment: Caution Amid Potential?

As Ukraine’s recent economic difficulties persist—the country registered a modest growth rate...

Uzbekistan Returns to Currency Convertibility, Delivers Blow to Black Market

The big bang has arrived for Uzbekistan’s financial system, with the government...

Coca-Cola’s Secret Ingredient in Tajikistan: Sycophancy

Coca-Cola’s representative office in Tajikistan has, as a marketing gimmick, begun to...

Diplomacy Flurry as Uzbekistan, Kazakhstan, Kyrgyzstan's Leaders Meet

The coming weeks will see a flurry of regional diplomacy in Central...

Kyrgyzstan: New PM Seen as Powerbroker of the Future

The chief of staff in the administration of Kyrgyzstan’s President Almazbek Atambayev...

Armenia: New Embassy Is Sign of Strengthening Chinese-Armenian Ties

China is building a new embassy in Yerevan that, once completed, will...

Kazakhstan: Research Reveals Chronic Shortfall in Housing Supply

Over the past three years, the volume of real estate construction in...

Georgia: Statistical Hiccup Prompts World Bank Downgrade

Georgia’s economy appeared to take a step backward earlier this summer when...

Uzbekistan Making It Easier to Travel In, And Out, of Country

Uzbekistan’s presidential program on the development of tourism through to 2019 has...

Tajikistan Accuses Iran of Assassination Campaign in Foreign Policy Gambit

Despite the close cultural connection that Tajikistan has with Iran, Dushanbe seems...

Azerbaijan: Banking Crisis Gives Rise to Loan Sharks

Namig Ibrahimov is a young entrepreneur, building an online shopping platform that...

Uzbekistan: Evaluating the Chances for a Convertible Currency

Uzbek monetary authorities recently announced an intention to make the country’s national...

Uzbekistan: Karimov’s Economic Model Comes Under Attack

Criticizing the policies of the late president of Uzbekistan is very much...

Central Asia’s Catechism of Cliché: From the Great Game to Silk Road

When people ponder the history of Central Asia, they tend to have...

Did Kyrgyzstan Get Sold a Hydropower Pup?

Barely a week passed after Kyrgyzstan triumphantly declared it had struck a...

Georgia: Backsliding on Rule of Law Is Damaging Investment Climate

A recent wave of confiscatory moves against foreign investors in Georgia –...

Georgia After Montenegro’s NATO Accession

Montenegro’s recent accession to the North Atlantic Treaty Organization (NATO) sent an...

Afghanistan and Turkmenistan: A Model for Regional Economic Cooperation

By M. Ashraf Haidari, the Director-General of Policy & Strategy of the...

Kyrgyzstan, Czech Company Sign Deal to Kick-Start Stalled Hydropower Project

Kyrgyzstan has signed a deal with a Czech company specializing in renewable...

Mongolia Gets On Board with China’s Belt and Road Initiative

China’s Belt and Road is putting pressure on Mongolia to resolve a...

Uzbekistan: President Visits Infamous Psychiatric Clinic

The president of Uzbekistan bust another taboo this week with a visit...