On March 19, Kazakhstan’s longtime president Nursultan Nazarbayev announced his resignation after twenty-nine years as Kazakhstan’s leader. On June 9, Nursultan’s chosen successor Kassym-Jomart Tokayev won the subsequent presidential election with 71 percent of the vote. The former president’s surprise resignation raises questions about Kazakhstan’s path forward and how the region will navigate the economic and energy challenges of the coming years.
The Atlantic Council’s Eurasia Center, Global Energy Center, and the International Tax and Investment Center host a panel discussion surrounding the most pressing economic and energy topics for Kazakhstan and Central Asia, including China’s Belt and Road Initiative (BRI), Russia’s increasing global ambitions in its “near abroad,” and diversification of the region’s economies.
A Crossroads between East and West
Central Asia in focus
The Central Asian Republics—Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, and Turkmenistan—are located at the nexus of Russia, China, South Asia, and the Middle East. Leveraging their critical geography, these nations are renewing their role as the crossroads of trade between the West and Asia—resulting in significant economic development, especially in the sectors of energy and natural resources. While moves toward reform and democracy have been made since independence in 1991, corruption and human rights issues remain prevalent throughout the region.
Mon, May 4, 2020
The repercussions of the global economic downturn will likely be amplified in Central Asia, where healthcare resources are limited, supply chains are vulnerable, and government revenues are dependent on commodity prices.
Sat, Feb 29, 2020
With the signing of a US-Taliban peace agreement, now might be a good time to look ahead to how Afghanistan might strengthen its economic connectivity with both its neighbors and more distant markets.
Long Take by Matthew Bryza
Mon, Oct 21, 2019
The capital, Ashgabat, is whispering that the president plans to place his son Serdar in a leadership role, while he takes on the mantle of sage advisor, becoming the power behind the throne (rather than on it). In essence, Berdimuhamedow is securing hereditary succession for his son, while retaining power.
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The Eurasia Center’s mission is to enhance transatlantic cooperation in promoting stability, democratic values and prosperity in Eurasia, from Eastern Europe and Turkey in the West to the Caucasus, Russia and Central Asia in the East.