Power planners were left with major headaches when the demise of the Soviet Union caused all Central Asian Power System (CAPS) member states to scramble to remake their grids along national lines. However, pan-region ideas are now back in fashion.
Poorest Central Asian nation Tajikistan is in danger of defaulting on its first ever Eurobond as the construction of the giant Rogun hydropower dam gobbles up scarce resources.
Kazakh, Uzbek and Tajik currencies slide to new lows. Pressures include over-dependence on Russian economy and US-China trade war impacts. Oil price weakness hurts Kazakhstan.
Russia is not a growing market for international banking and capital market business at present. That's why people like to look for business and deal opportunities in smaller regional markets in the CIS region.
Tehran open to negotiations to give poorest Central Asian nation and Persian-speaking ‘cousin’ route for commerce through facility shielded from US sanctions given its importance to Afghanistan.