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Fencing

World’s Top Fencers Compete in Astana and Tashkent

Kazakhstan and Uzbekistan are hosting World Cup fencing competitions this week, reflecting the growth of the sport in Central Asia. Top fencers from around the world have gathered in the Kazakhstani capital of Astana for the men’s and women’s epee competition, which started on Thursday and runs until Sunday. The two-day women’s saber contest in Tashkent, Uzbekistan began on Friday. A third World Cup, in men’s saber, is currently underway in Budapest, Hungary. In total, more than 800 elite fencers are participating in the three events, according to the International Fencing Federation. The federation says second-ranked Giulia Rizzi of Italy and sixth-ranked Hungarian Eszter Muhari are the fencers “to watch” on the women’s side in Astana, while on the men’s side, tenth-ranked Tristen Tulen of the Netherlands has had a breakout year. In Tashkent, two-time world champion Misaki Emura of Japan is a favorite. Still, Kazakhstan and Uzbekistan are establishing their presence in international fencing, winning medals in high-level competitions. Last year, the men’s epee team of Kazakhstan won bronze at the World Fencing Championships in Tbilisi, Georgia, beating France for the medal. The Uzbek competition will be hosted in the state-of-the-art Olympic City, the largest sports complex in Central Asia, and the designated hub for the 4th Asian Youth Games in 2029. One of Uzbekistan’s top women is Zaynab Dayibekova, who competed in the Olympic Games in Tokyo and Paris and is currently ranked 29th in the world. She was part of the women's saber team from Uzbekistan that won gold at the 2023 Asian Games, defeating host China in the semifinal and then Japan in the final. Speaking at the opening ceremony in Tashkent, Otabek Umarov, First Deputy Chairman of the National Olympic Committee of Uzbekistan and Vice-President of the Olympic Council of Asia, said: “We are delighted to welcome the world’s best senior female fencers to Tashkent to experience Uzbekistan’s renowned hospitality, rich cultural heritage, and world-class sports facilities. We are grateful to our friends at the International Fencing Federation for their trust in our ability to host a spectacular event."

Conservation

“Great News” for the Striped Hyena at Brazil Meeting, Conservation Group Says

Countries attending a U.N.-backed migratory species conference in Brazil have agreed to increased protections for the striped hyena, whose vast range includes parts of Central Asia, according to an international conservation group. Tajikistan and Uzbekistan had submitted the proposal to upgrade protections for the species during a meeting of the Convention on the Conservation of Migratory Species of Wild Animals in Campo Grande this week. “The Committee agreed by consensus to the proposal to include the striped hyena in Appendices I and II,” and the approval will become official at a plenary meeting on Sunday, said Susan Lieberman, vice president for international policy with the New York-based Wildlife Conservation Society. Appendix I is a designation that would require countries to restore habitats, bar killing or capture except in limited cases and take other robust steps to protect the striped hyena. Appendix II requires governments to coordinate their efforts across the species’ range, which also includes parts of Africa, the Middle East and South Asia. “It’s great news for the species, and will hopefully stimulate action for its conservation and protection across its vast range—it will give this endangered, misunderstood species a chance,” Lieberman told TCA on Friday. The striped hyena is listed as “near threatened” on the global IUCN Red List of Threatened Species, though conservationists warn that its population is steadily dropping. Habitat loss, human-wildlife conflict and illegal hunting and trade are factors in its decline. Delegates at a United Nations wildlife trade conference in Samarkand in 2025 ultimately approved the inclusion of the striped hyena in Appendix II of CITES, introducing controls on international trade after an initial proposal for stricter Appendix I protections failed to pass.

Islamic Finance

Uzbekistan Targets $50 Billion in Investment with Financial Reforms

Uzbekistan is preparing to introduce Islamic finance services nationwide, with the first offerings expected in 2027. Under the country’s updated “Uzbekistan 2030” development strategy, at least three commercial banks are expected to provide Sharia-compliant financial services by the end of the decade, marking a significant shift in the structure of the banking sector. Against this backdrop, President Shavkat Mirziyoyev was briefed on March 25 on a broader set of initiatives aimed at strengthening the country’s investment climate. These include plans to establish the Tashkent International Financial Center, launch an International Center for Digital Technologies, and gradually introduce Islamic finance mechanisms. The presentation comes as Uzbekistan seeks to position itself more competitively in the global economy amid rising geopolitical uncertainty and intensifying competition for foreign investment. Officials said the country’s natural resources, economic potential, and ongoing reforms create favorable conditions for attracting international companies exploring new markets. Mirziyoyev stressed the need to act swiftly to capitalize on emerging opportunities, noting that attracting foreign investors requires modern infrastructure, a transparent business environment, and legal systems aligned with international standards. Uzbekistan aims to attract more than $50 billion in investment this year. A central component of the strategy is the Tashkent International Financial Center, which is expected to serve as a platform for new investment flows and long-term economic growth. By 2030, it is projected to attract an additional $20-25 billion, contribute up to 1% of annual GDP growth, and create as many as 15,000 highly skilled jobs. The center will operate under a special legal regime incorporating elements of the common law system of England and Wales, while allowing its governing bodies to adopt independent regulations. Plans include the establishment of a Tashkent International Commercial Court and an International Arbitration Center to handle disputes. Investors are expected to benefit from tax incentives, simplified visa procedures, and the ability to freely move and repatriate capital, alongside access to modern financial instruments, including digital assets. In parallel, Uzbekistan is developing the International Center for Digital Technologies under the Enterprise Uzbekistan brand. The center will function under a special legal framework expected to remain in place until 2100. Within a regulatory sandbox, companies will be able to test new technologies, pay salaries in foreign currency, and operate under international labor and data standards. The digital center will focus on artificial intelligence, data processing, research and development, and startup support. By 2030, it is expected to attract up to 1,000 companies, create more than 300,000 jobs, and generate export revenues of up to $5 billion. Several major international technology firms have already expressed interest in the initiative. The introduction of Islamic finance is another key pillar of the reform agenda. The proposed system includes instruments such as murabaha, mudarabah, musharakah, and Islamic leasing, all designed to comply with national legislation. Tax measures are also under consideration, including exemptions on certain transactions and investment income. To oversee the sector, an Islamic Finance Council will be established under the Central Bank, with similar bodies to be created within...

Electric Vehicles

Kyrgyzstan Seeks Chinese Cooperation to Develop EV Charging Infrastructure

Kyrgyzstan is seeking to collaborate with Chinese companies to develop electric vehicle (EV) charging infrastructure as part of efforts to modernize its energy sector and promote sustainable transport. On March 25, Energy Minister Taalaibek Ibrayev visited China, where he held a series of meetings with energy and technology companies involved in EV infrastructure development. During the visit, Ibrayev toured a manufacturing facility operated by ShuiFa Group and signed a memorandum of understanding between the Kyrgyz Ministry of Energy and the company. The agreement involves cooperation in energy infrastructure, including the development of EV charging stations and energy storage systems. Officials said the memorandum represents a step toward modernizing Kyrgyzstan’s energy sector and supporting sustainable transport. Ibrayev also met with representatives of NUCL New Energy Technology (GD) Ltd to discuss potential cooperation on EV charging infrastructure and the introduction of modern technologies. The company expressed readiness to work with Kyrgyz authorities. In addition, talks were held with Zhejiang Anfu New Energy Technology Co., Ltd. regarding the possible supply of equipment and the localization of production in Kyrgyzstan These initiatives align with the government’s broader strategy to promote environmentally friendly transport and reduce air pollution in Bishkek and other major cities. The number of electric vehicles in Kyrgyzstan has been rising steadily. According to First Deputy Prime Minister Daniyar Amangeldiev, more than 200 electric vehicles are imported into the country daily under a value-added tax (VAT) exemption scheme. As a member of the Eurasian Economic Union (EAEU), Kyrgyzstan also benefits from an annual quota allowing the duty-free import of up to 15,000 electric vehicles. Despite this growth, EVs still account for a small share of the country’s total vehicle fleet. According to the Ministry of Natural Resources, Ecology, and Technical Supervision, Kyrgyzstan had more than 1.9 million registered vehicles as of early 2026, a 13% increase compared with 2024. Of these, 972,000 run on gasoline, 339,000 on diesel, 56,900 on gas, and 37,000 are hybrids. Electric vehicles make up about 0.8% of the total, or approximately 15,200 vehicles.

Tourism Industry

Kyrgyzstan Earned Almost $1.1 Billion from Tourism in 2025

Kyrgyzstan’s tourism industry continued to expand in 2025, remaining an important contributor to the country’s economic growth. According to the National Statistical Committee, revenue from foreign visitors reached $1.098 billion in 2025, up from $1.016 billion in 2024. Tourism accounted for 3.8% of GDP, compared to 3.6% the previous year. At the same time, Kyrgyz citizens spent $564 million on travel abroad. As of January 1, 2026, the country had 148,100 registered tourism-related businesses. Revenue from passenger transportation serving tourists across all modes of transport totaled nearly 17.3 billion soms (approximately $197 million), compared to 16.9 billion soms in 2024. Kyrgyzstan’s main tourist attractions include Lake Issyk-Kul and its mountain ski resorts, with the largest and most popular located in Karakol. In recent years, more than 95% of foreign tourists have come from neighboring Central Asian countries and Russia. According to the Tourism Development Fund, most visitors arrive from Uzbekistan, followed by Kazakhstan and Russia. At the same time, the number of tourists from Arab and European countries, as well as from China, India, and the United States, has been steadily increasing.

Rahmon in Uzbekistan

Uzbekistan and Tajikistan Launch 10 Joint Projects During Rahmon’s State Visit

Uzbekistan's President Shavkat Mirziyoyev welcomed his Tajik counterpart Emomali Rahmon to Tashkent on March 26 for a state visit marked by high-level talks, and the launch of joint economic projects. Talks between the presidents followed, first in a one-on-one format and then during the inaugural meeting of the Supreme Interstate Council, a new platform aimed at deepening bilateral cooperation. Mirziyoyev described the visit as a landmark in bilateral relations, noting that the council would elevate cooperation and provide a mechanism for implementing joint initiatives. Both sides highlighted the increasing frequency of contacts between government institutions, parliaments, and agencies. In the lead-up to the visit, a series of events took place, including an intergovernmental commission meeting, an industrial exhibition, and forums involving regional leaders, academics, and youth. Uzbekistan also hosted Days of Tajik Culture and Cinema. During the discussions, Mirziyoyev and Rahmon reviewed opportunities to expand cooperation across key sectors, including trade, industry, transport, and water and energy security. Bilateral trade approached $1 billion last year, driven largely by the exchange of finished goods. The two countries aim to double this figure to $2 billion by 2030. Planned measures include accelerating the establishment of the Oybek-Fotekhobod border trade center, introducing digital certification systems and “E-Permit” mechanisms, and modernizing border infrastructure. The sides also agreed to adopt an industrial cooperation program covering mining, energy, agriculture, construction, and manufacturing. Following the council meeting, Mirziyoyev and Rahmon attended a ceremony to launch 10 joint projects. These include new enterprises producing furniture and leather goods, expanded household appliance manufacturing, textile production facilities in Tajikistan, and construction projects in Tashkent. Additional initiatives include food processing plants in Uzbekistan's Fergana region, dairy production in the city of Andijan, and facilities for making fruit juice and metal briquettes in the country's Surkhandarya region. A ceremony was also held to name a street in New Tashkent after Dushanbe, underscoring symbolic ties between the two capitals. The visit also featured the opening of a new building for Tajikistan’s embassy in Tashkent. The complex includes administrative offices, a consular section, a residence for the ambassador, and housing for diplomatic staff and their families. Cultural diplomacy formed another key part of the visit. Mirziyoyev and Rahmon attended a joint concert at the International Forums Palace featuring performers from both countries, with a program highlighting shared cultural heritage and longstanding ties between the Uzbek and Tajik peoples. The leaders also discussed regional and international issues, reaffirming their commitment to continued dialogue and cooperation within Central Asia. They agreed to strengthen coordination on security matters and expand interregional ties, as well as humanitarian, educational, and scientific exchanges. Given the presence of large diaspora communities in both countries, a proposal was put forward to adopt a five-year program aimed at strengthening cultural and humanitarian connections. At the conclusion of the visit, both sides agreed to develop a comprehensive roadmap to ensure implementation of the agreements reached, signaling continued efforts to expand cooperation across political, economic, and cultural spheres.