• KGS/USD = 0.01143 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.10593 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.10593 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.10593 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.10593 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.10593 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.10593 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.10593 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.10593 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
22 February 2026

Our People > Nikola Mikovic

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Nikola Mikovic

Journalist

Nikola Mikovic is a freelance journalist, researcher and analyst based in Serbia. He covers mostly the foreign policies of Russia, Belarus and Ukraine, as well as energy-related issues.

Nikola primarily focuses on Russia’s involvement in post-Soviet space, the Middle East, and the Balkans. He writes for several publications such as Diplomatic Courier, Byline Times, CGTN, Lowy Institute, Global Comment, and World Geostratregic Insights, among others.

Articles

China–Kyrgyzstan–Uzbekistan Railway: What It Means for Central Asia

The China–Kyrgyzstan–Uzbekistan railway (CKU railway), also known as the Kashgar–Andijan railway line, is more than an infrastructure project. It represents a geopolitical initiative that could significantly shape the future of Central Asia. In June 2024, Beijing, Bishkek, and Tashkent signed the intergovernmental agreement to move the project forward. The project’s financing—estimated at $4.7 billion—was finalized in December 2025, sparking optimism in all three nations about regional connectivity, trade, and economic growth. Once completed, the railway is expected to become a vital strategic asset in China’s Belt and Road Initiative (BRI). From China’s perspective, the CKU project is a strategic line that diversifies its trade channels and strengthens overland access to Central Asia and beyond. Construction was ceremonially launched on 27 December 2024 in Kyrgyzstan, with major works progressing through 2025, including key tunnel works. For Uzbekistan, the railway could serve as a key link for commerce and transit. Tashkent aims to integrate the China–Kyrgyzstan–Uzbekistan line with existing international transport networks, including connections through Iran and Turkey. But how important is the project for Kyrgyzstan, through which, according to recent reporting, 304 km of the line will pass? According to Nurbek Satarov, Presidential Envoy in the Naryn Region, the project is vital for Kyrgyzstan’s most mountainous region, as roughly 90% of the route through the country will run through Naryn. As he told The Times of Central Asia, construction is in full swing, and the railway is expected to be completed between 2028 and 2030, despite the challenging terrain and technical difficulties. The project includes the construction of 50 bridges and 29 tunnels, underscoring the significant engineering complexities involved. But while regional and national authorities anticipate direct economic benefits from the project, critics argue that Kyrgyzstan may end up serving primarily as a transit country, with limited gains for the local economy. They also question the financial sustainability of the project, noting that it is backed by a long-term loan package of approximately $2.3 billion from Chinese banks. The financing, structured over 35 years and to be repaid by the joint venture company implementing the railway, increases Kyrgyzstan’s exposure to China-linked debt and has raised concerns about future repayment obligations. [caption id="attachment_44216" align="aligncenter" width="1536"] Site visit at the road construction project in the Naryn Oblast; image: TCA, Nikola Mikovic[/caption] However, Edil Baisalov, Kyrgyzstan’s Deputy Prime Minister, claims that the CKU will have a positive impact on the country’s economic development. “This railroad will virtually transform Kyrgyzstan – and not just Kyrgyzstan, but the whole of Central Asia,” he told The Times of Central Asia. Baisalov believes that the CKU railway, once completed, will be part of a larger transcontinental railroad that will cut transit times by at least seven days compared to the northern routes of the Trans-Siberian Railway and maritime transport. The CKU line could indeed bypass the usual northern rail routes through Russia and Kazakhstan, taking a significant share of freight from those countries and reducing their transit revenue. Kyrgyzstan, on the other hand, hopes to see direct gains...

2 days ago

Kyrgyzstan Between the Russian World and Global Chaos: An Interview With Deputy Prime Minister Edil Baisalov

Edil Baisalov is a politician who began his career as a civil-rights activist, became a prominent member of Kyrgyzstan’s non-governmental organization (NGO) sector, and is now serving as the country’s Deputy Prime Minister. In an exclusive interview with The Times of Central Asia, he explained not only how his views have changed over the years, but also how Kyrgyzstan is seeking to find its place in what he described as a rapidly changing global landscape. In Baisalov’s assessment, the global system is facing a crisis of democracy. “The world order, as we know it, is collapsing – or at least is under attack from both within and without,” Baisalov told TCA. “The era of global hypocrisy is over, and the people of Kyrgyzstan have woken up. “What various international institutions have taught us over the years – their lectures on how to develop an economy, how to pursue nation-building, and so forth – has been proven wrong. Throughout the 1990s, Kyrgyzstan was one of the most diligent students of the liberal policies promoted by the “Chicago Boys.” We followed their instructions to the letter. Kyrgyzstan was the first post-Soviet country to join the World Trade Organization in 1998, and we were the first to receive normalized trade relations with the U.S. with the permanent repeal of the Jackson-Vanik amendment. All of our previous governments followed IMF conditionality dictates to the letter, especially in deregulation, mass privatization, and all the austerity programs and budget sequestrations. We were promised prosperity; that the free markets and the invisible hand would take care of everything. But it did not work. “I remember it well: at the time, U.S. President Bill Clinton laughed at China, saying that Beijing needed to adopt certain policies, to liberalize, or that science could not prosper in a closed society. He claimed the Chinese model was doomed to fail, arguing that scientific and technological breakthroughs could only occur in a Western-style society with minimal state intervention. Yet today, we witness the triumphant rise of the People’s Republic of China. This is not only an emergence but also a return to the rightful place of a great civilization that has, for millennia, contributed enormously to humankind.” TCA: Does this mean you now see China, rather than the West, as a model for Kyrgyzstan to follow? Baisalov: It’s not about the Chinese model or any particular foreign template. What we understood is that as a nation, we are in competition with other nations. Just like corporations compete with each other, nations must look out for themselves. If our state does not actively develop industries and sciences, there is no formula for success. All those ideologies promoting the “invisible hand” – the idea that everything will naturally flourish on its own – are simply false. TCA: When did Kyrgyzstan stop taking orders from outside forces and begin making independent national decisions? Baisalov: We used to be naive about wanting to be liked by others. But not anymore. In the last five years of...

4 days ago

Ukraine Eyes Central Asia: Can War-Weary Kyiv Forge New Regional Alliances?

Despite the ongoing war with Russia, Ukraine is attempting to intensify its diplomatic and economic ties with Central Asia. Kyiv is seeking the region’s de facto political support against Moscow, and aiming to rebuild trade relations with the former Soviet republics. But how do the Central Asian nations view Ukraine’s regional ambitions? Ukraine’s Ministry of Foreign Affairs has recently launched a new department focused on Central Asia – a region that has traditionally been in Russia’s zone of influence. The move comes as no surprise, given that Kyiv is also actively seeking to make diplomatic inroads in Africa, a continent where the Kremlin harbors significant geopolitical ambitions. But unlike in Africa, which represents relatively new ground for Ukraine — and where it struggles to compete with Russia’s growing influence — Kyiv appears to be in a stronger position in Central Asia. Ukraine and the countries of Central Asia share a common Soviet past, which has left its mark on their relations in various areas, including the economy, culture, and education. A Ukrainian diaspora also lives in all of the Central Asian states and serves as an important link between the nations. That, however, does not mean that Kyiv’s diplomatic initiative will go flawlessly. Besides the ongoing war, geography is one of the biggest obstacles to Ukraine’s efforts to increase its presence in Central Asia. As a result of the conflict, the Eastern European nation can no longer use its old transport and trade routes to Central Asia through Russia. Since 2022, trade between Ukraine and the regional countries has dropped significantly, as sending goods back and forth has become more expensive. To bypass Russian territory, products from Ukrainian manufacturers are now transported to Central Asia through countries such as Romania, Bulgaria, Turkey, Azerbaijan, and Georgia. Although these routes are functional, their profitability remains questionable. Moreover, statistics show that Ukraine’s industrial production index collapsed from 101.7% in December 2021 to 69.3% in December 2024, which is why the war-torn nation is no longer among Central Asia’s major trading partners. In 2012, long before the war, trade turnover between Ukraine and Kazakhstan – Central Asian largest economy – amounted to $5.5 billion, while in 2023 it was only $391 million. At the end of 2023, Ukraine ranked 35th in Kazakhstan’s list of trading partners, while before the war, in 2021, it was the energy-rich nation’s 15th largest trade partner. Economic ties between Ukraine and Kyrgyzstan are faring no better. According to Idris Kadyrkulov, Kyrgyzstan’s Ambassador to Ukraine, trade between the two countries has “mostly stopped” because many Ukrainian businesses have been hurt by the war, and shipping goods between Ukraine and Kyrgyzstan has become “at least three times more expensive than before the Russian invasion.” That is why, under the current circumstances, strengthening economic ties between Ukraine and the Central Asian states does not seem realistic. Fully aware of this, Kyiv is counting on the regional nations’ economic support in the post-war era – an area in which Kazakhstan has already shown...

7 months ago

Steel Diplomacy: Central Asia’s Southern Push via Afghanistan

The United States and its allies may be uneasy about the Taliban’s return to power, given their extremist history, continued repression, and the collapse of decades-long Western efforts in Afghanistan. Nevertheless, the Taliban is strengthening ties with the Global South—particularly Central Asia—in search of investment for railway infrastructure. For landlocked Central Asian nations, Afghanistan is a key transit point on the shortest route to the Arabian Sea, offering an alternative to routes through Russia, China, or westward via the Caspian. The war-torn country – located at the crossroads of Central and South Asia – serves as a land bridge between the former Soviet republics and the major markets of the region, including India and Pakistan. This strategic position is why regional actors are eager to invest in the construction of the railway network in Afghanistan, fully aware that the new route would help them achieve at least some of their geopolitical and geoeconomics interest. Kazakhstani Foreign Minister Murat Nurtleu’s recent visit to Kabul was, according to reports, primarily focused on Afghan railway infrastructure. The largest Central Asian nation economy is reportedly ready to invest $500 million in the construction of the 115km (71 miles) railway from Towrgondi on Afghanistan’s border with Turkmenistan to the city of Herat. As Taliban railway officials told The Times of Central Asia, the Afghan and Kazakh delegations, who signed a memorandum of understanding on the project, are expected to finalize new agreements and contracts in the coming months. A detailed construction study is expected to be completed by winter, and Afghan authorities anticipate that construction will begin by the end of the year.  Meanwhile, Kabul hopes to reach similar deals with neighboring Uzbekistan and Turkmenistan, as well as with Russia and Pakistan. According to Taliban railway experts, these four nations – along with Kazakhstan – are expected to play a major role in the development of the 700-kilometer (approximately 435-mile) railway network in Afghanistan. The Taliban political officials, on the other hand, see the project as an opportunity for Afghanistan to increase its geopolitical importance. “It will help us reduce economic dependence and isolation, allowing Afghanistan to integrate more actively into the regional economy,” Muhammad Rehman, the Taliban-appointed Chargé d’Affaires of the Islamic Emirate of Afghanistan to Kazakhstan, told The Times of Central Asia, From his perspective, nations investing in Afghan railway infrastructure will become advocates for Afghanistan’s stability. Projects like the construction of the railway, in his view, can transform Afghanistan into a transit hub for regional countries through railway corridors. “Through the railway, Afghanistan can also import goods at a significantly lower cost, making essential commodities more affordable for its people,” Rahman stressed. More importantly, the railway opens a route for Central Asian natural resources to reach global markets via the ocean and further enhances the viability of the westward-flowing Middle Corridor. In short, the Afghan rail projects are important for connecting Eurasia. It is, therefore, no coincidence that Kazakhstan – being the richest country in terms of mineral wealth in Central Asia...

7 months ago

Is Central Asia China’s Backdoor to Global Power?

As Russia remains preoccupied with the war in Ukraine and the United States is focused on the ongoing Israel-Iran conflict, China is seeking to increase its presence in Central Asia. In the current circumstances, the European Union and Beijing appear to be the most active players in the strategically important region; but who is in a better position? Central Asia has become a region where various foreign powers are competing for influence. On June 5, New Delhi hosted the 4th India-Central Asia Dialogue, during which the foreign ministers of the regional nations, along with their Indian counterpart, Subrahmanyam Jaishankar, discussed anti-terrorism cooperation amid rising regional extremism. Earlier, on April 3–4, the European Union sought to expand its ties with the region through the EU–Central Asia Summit format. Given China’s extensive economic cooperation with Kazakhstan, Uzbekistan, Kyrgyzstan, Turkmenistan, and Tajikistan, it is unsurprising that Beijing is seeking to strengthen its strategic influence in the region. The 2nd China-Central Asia Summit, taking in Astana on June 16-17, is yet another opportunity for Beijing to demonstrate that it has the capacity to position itself as an alternative to the growing European presence in the region. According to Dr. Habib Al-Badawi, Professor of International Relations at the Lebanese University, China is also aiming to limit the influence of other powers in the region – especially the United States, and to a lesser extent, Russia. “Moscow appears to accept China's growing economic dominance while trying to maintain its traditional security role. However, Beijing's expanding presence represents a long-term challenge to Russia's historical sphere of influence in the region,” Dr. Al-Badawi told The Times of Central Asia, emphasizing that Moscow and Beijing are more inclined to cooperate rather than compete in the region. Mark N. V. Temnycky, a Nonresident Fellow at the Atlantic Council’s Eurasia Center, believes that Moscow is showing a high degree of tolerance toward Beijing’s increased economic, energy, and security presence in Central Asia. Both countries, in his view, share similar objectives in the region, where they act as major trading partners and energy suppliers. The European Union seems to be their major rival in the Central Asia. In Dr. Al-Badawi’s view, unlike the EU that is “solely pursuing the region’s critical minerals,” China appears focused on broader economic integration through infrastructure development and trade partnerships. Dr. Tugrul Keskin, Professor at Cappadocia University and Moderator of Global China Academic Network, seems to share this view. “Beijing’s objectives in Central Asia are driven by a blend of strategic, economic, and security imperatives. While access to critical minerals – including rare earth elements vital for green technologies – is an emerging interest, it is not the primary driver. Unlike the European Union, whose recent engagement has focused heavily on securing raw materials, China’s approach is more comprehensive. It aims to shape the region’s long-term political alignments and economic structures in ways that favor Chinese leadership and diminish Western influence,” Dr. Keskin told The Times of Central Asia. At the same time, Beijing is actively increasing...

8 months ago