Articles by Assel Satubaldina

World Bank Country Manager Unveils Details of Long-Standing Partnership with Kazakhstan

ASTANA – The World Bank supported Kazakhstan across diverse policy areas in more than 30 years of cooperation, contributing more than $8 billion. World Bank Country Manager for Kazakhstan and Turkmenistan Andrei Mikhnev spoke to The Astana Times, unveiling key details of this long-standing partnership.  A ‘very active’ year Mikhnev, originally from Ukraine, has served…

Tokayev’s Address at Boao Forum to Facilitate Kazakhstan’s Economic Opportunities

ASTANA – President Kassym-Jomart Tokayev’s address at the Boao Forum for Asia on March 28 is meant to significantly elevate the international profile of Kazakhstan, including amplifying the visibility of Kazakh brands and expanding opportunities for the Kazakh economy, said Adil Kaukenov, the chief expert at the Kazakhstan Institute for Strategic Studies (KazISS), in an…

Second Day of Tokayev’s Visit to China Features Meetings with Top Executives

ASTANA – President Kassym-Jomart Tokayev’s visit to China continues on March 29 with several meetings with top Chinese executives, reported the Akorda press service. President Tokayev met with Liu Mingsheng, сhairman of the Board of Directors of the State Power Investment Corporation, one of the country’s key state-owned enterprises and a major player in the…

Number of Electric Cars in Kazakhstans Grows Ninefold in One Year

ASTANA – Electric vehicles are becoming increasingly popular in Kazakhstan. The number of electric cars in the country surged ninefold in January compared to January last year, according to data from the Bureau of National Statistics. “The number of passenger cars powered by electricity has increased 9.2 times, from 914 to 8,366 units. The highest…

Astana International Forum, Boao Forum for Asia Ink Memorandum of Cooperation

ASTANA – Kazakhstan’s flagship Astana International Forum and the Boao Forum for Asia (BFA) signed a memorandum of cooperation as part of President Kassym-Jomart Tokayev’s participation in the annual session of BFA in Hainan, reported the Akorda press service.  “The sides intend to jointly promote the international and regional agenda, as well as support global…

Drone Tech Center Opens in Astana to Spur Innovation and Exchange

ASTANA — Astana Hub international technopark unveiled the Drone Tech Center on March 27, a facility aimed at fostering the exchange of experience and the development of innovative solutions in drone technologies, reported the Astana Hub press service.  The event, organized by Astana Hub and Aardvark company, gathered top experts, business and education representatives, and…

Kazakhstan Anticipates Up to Half a Million Chinese Tourists in 2024

ASTANA – Kazakhstan anticipates up to 500,000 tourists from China in 2024, said Kairat Sadvakasov, chairman of Kazakh Tourism national company, at the Kazakhstan-China Tourism and Investment Forum in Beijing, reported Kazinform news agency.  The forum officially kicked off the Year of Kazakhstan’s Tourism in China with more than 30 events planned. Sadvakassov said that…

Young People from Central Asia Embark on Week-Long Journey Across India

NEW DELHI – The youth delegation from Kazakhstan visited India on March 5-13 to attend the Central Asia – India Youth Forum as part of a broader 100-member youth delegation from all Central Asian countries at the invitation of the government of India. In a world often divided by borders and beliefs, the visit of…

Kazakhstan’s Non-Oil Exports Reach $35.1 Billion as Nation Diversifies Economy

ASTANA – Increasing non-raw material exports has been a priority for Kazakhstan. In 2023, non-raw material exports reached $35.1 billion out of $78.7 billion in total exports, said Nurlan Kulbatyrov, deputy director of QazTrade Trade Policy Development Center, in an interview with The Astana Times. This demonstrates an increase from $26.5 billion in non-raw exports…

Spirit of Cooperation in Central Asia Has Never Been Higher, Says US Scholar

ASTANA—A spirit of cooperation in Central Asia is at an unprecedented high, said a prominent American scholar, Dr. Frederick Starr, in an interview with The Astana Times. Starr, the founding chairman of the Central Asia – Caucasus Institute and the Silk Road Studies Program, shared his insights into the region’s dynamics, the importance of regional…

Austrian Ambassador Sees Ties with Kazakhstan Growing

ASTANA –  Ambassador of Austria to Kazakhstan Willy Kempel shared insightful perspectives on the evolving dynamics of bilateral relations and new avenues of cooperation between Kazakhstan and Austria in an interview with The Astana Times.  Emphasizing the depth of political alignment and mutual respect between the two nations, the ambassador highlighted the significance of upcoming…

Middle Corridor, Turkic World: Key Highlights from President Tokayev’s Visit to Baku

ASTANA – President Kassym-Jomart Tokayev paid a state visit to Baku, the capital of Azerbaijan, from March 11 to 12, further deepening the strategic and brotherly ties between the two nations and signifying a new chapter in Eurasian diplomacy.  Among the key highlights, he met with Azerbaijan’s President Ilham Aliyev, participated in the first meeting…

EBRD Touts Kazakhstan’s Reforms Amid Global Challenges

ASTANA — The European Bank for Reconstruction and Development’s (EBRD) Director for Kazakhstan Huseyin Ozhan shared an insightful perspective on the country’s journey of reform and growth in a recent interview with The Astana Times.  Reflecting on his observations, Ozhan, who has been in Kazakhstan since September 2021, highlights the significant strides Kazakhstan has made,…

Reforms and Change: Kazakhstan, ADB Celebrate 30 Years of Partnership

ASTANA – The Asian Development Bank (ADB) and Kazakhstan are set to celebrate a momentous milestone in 2024, marking 30 years since Kazakhstan, the largest economy in Central Asia, joined ADB in January 1994. ADB Regional Director for Central Asia and West Asia Yevgeniy Zhukov spoke to The Astana Times about the key projects over…

Kazakh Tourism Chairman Reveals Hidden Gems, Tauts Sustainable Tourism, Authenticity

ASTANA – Kazakhstan, a country where astronauts return to Earth and ancient traditions thrive in modern cities, is on the brink of a tourism renaissance as the tourism industry has momentum, said Kairat Sadvakassov, the chairman of Kazakh Tourism national company, in an interview with The Astana Times. In an insightful conversation, he shared how…

Standard & Poor’s Keeps Stable Outlook for Kazakhstan’s Sovereign Credit Rating 

ASTANA – Standard & Poor’s international rating agency has reaffirmed Kazakhstan’s sovereign credit rating at BBB-/A-3, maintaining a stable outlook, on March 1, reported the Kazakh Ministry of National Economy.  “The stable outlook on the ‘BBB-‘ long-term rating on Kazakhstan reflects our view that risks from weaker growth and relatively high external financing needs are…

World Bank Presents Key Findings of Latest Study on Middle Corridor in Tbilisi

ASTANA – The World Bank presented the key findings of its latest study on the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor, at a regional event in Tbilisi on Feb. 27.  The event gathered representatives of Armenia, Azerbaijan, Georgia, Kazakhstan, state-owned enterprises, the private sector, and other stakeholders to discuss how…

Kazakhstan’s Commissioner for Children’s Rights Sheds Light on Recent Reforms in Exclusive Interview

ASTANA – The Commissioner for Children’s Rights in Kazakhstan Dinara Zakiyeva has been at the forefront of recent reforms aimed at safeguarding the well-being and rights of children in the country. In an interview with The Astana Times, she sheds light on these advancements and Kazakhstan’s commitment to protecting its youngest citizens. The conversation began…

Close-Up Look at Kazakhstan’s Foreign Trade: China Becomes Top Trade Partner, as Non-Commodity Exports to Asia Rise

ASTANA – Kazakhstan’s foreign trade turnover reached $139.8 billion in 2023, an increase of 3.2% compared to the previous year. China has become the country’s largest trade partner with bilateral trade hitting $31.5 billion, replacing Russia, according to the latest data from the Bureau of National Statistics.  The nation has expanded its commercial horizons by…

Trans-Caspian Route, Private Sector: EBRD Director for Kazakhstan Shares 2023 Highlights

ASTANA – The European Bank for Reconstruction and Development (EBRD) has signed 21 projects worth more than $450 million in Kazakhstan in 2023, said EBRD Director for Kazakhstan Hüseyin Özhan in an interview with The Astana Times. He shared his vision of the bank’s priorities and ongoing projects in Kazakhstan.  The bank’s active portfolio includes…

Kazakhstan Ready to Dispatch Peacekeeping Forces to Golan Heights in First Independent Mission

ASTANA – In a landmark move, Kazakhstan is preparing to deploy its first independent peacekeeping contingent to the Golan Heights under the United Nations (UN). The departure of the contingent will take place in three stages, with the final slated for March 14, said Colonel Bauyrzhan Nigmetullin, the head of Kazakhstan Peace Operations Center (KAZCENT)…

Kazakh President’s Visit to Qatar Reflects Multi-Vector Policy, Fosters Ties Between Central Asia and Gulf Countries

ASTANA – President of Kazakhstan Kassym-Jomart Tokayev paid a state visit to Qatar on Feb. 13-14, signaling a growing interest in bolstering ties between the two nations and resulting in the signing of commercial agreements worth nearly $18 billion. This visit, which comes at a time of shifting geopolitical dynamics, particularly within the Gulf region,…

This is Decade of Opportunities for Central Asia and Kazakhstan, Says British Expert

ASTANA – Kazakhstan and Central Asia are witnessing a decade of opportunities, but opportunities come with an array of challenges. Yet, the region is doing a good job in balancing complexities with opportunities, said Mark Beer OBE, British lawyer and businessman, a co-founder of the Seven Pillars Law firm in Kazakhstan, in an interview with…

Domestic Demand to Drive GDP Growth in 2024 in Kazakhstan, Says National Bank

ASTANA – The primary factor driving GDP growth in 2024 in Kazakhstan is expected to be domestic demand, supported by government spending on the construction of educational facilities, infrastructure projects, and the modernization of housing and communal services, said the National Bank of Kazakhstan in a written response to The Astana Times.  “Investment projects in…

Kazakh Foundation Set to Foster Mobile Filmmaking in Kazakhstan

ASTANA – The Dara Foundation of the Presidential Initiatives seeks to develop mobile filmmaking in Kazakhstan after a group of young professionals underwent a week-long training at the New York Film Academy (NYFA) campus in Los Angeles in January, said the head of the foundation Assel Shildebayeva. NYFA, known for its cutting-edge curriculum and immersive…