• KGS/USD = 0.01149 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09150 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09150 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09150 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09150 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09150 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09150 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09150 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09150 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
10 January 2025

Viewing results 157 - 162 of 298

UN: Central Asia’s Big Youth Population is Key to Progress

U.N. Secretary-General António Guterres shook hands with presidents and addressed dignitaries in ornate halls during a tour of Central Asia last week. But he also spent a lot of time with young people, saying “their potential is largely untapped” in a region where, by United Nations estimates, people under 30 years old make up more than 50% of the population. Guterres, a former prime minister of Portugal, met young climate activists in Kyrgyzstan and students in Turkmenistan. In Tajikistan, the U.N. chief said 70% of that country’s population is under 30 and told young people at a school there to hold elders to account on the pressing challenge of climate change. “You have the moral authority to talk to others - as those that suffered the impacts of climate change and are not contributing essentially to it,” Guterres said at a school established by UNICEF with funding from the European Union. “You are the victims of climate change. So, you have the right to tell the others, ‘Behave.´ Because they are not behaving.” Think globally, Guterres told the students. “It’s not Tajikistan or Uzbekistan,” he said. “No, it’s everything together.” The U.N.’s focus on young people having a say in Central Asia stems from a sense of possibility in what could shape up as an increasingly strong labor and leadership pool, as well as concern that young people with few prospects drift into unemployment and disenchantment, fueling social pressures and instability. The fertility rate in the wider region comprising Europe, North America and Central Asia has dropped in numerous countries in the last decade, while the “five Central Asian countries, Georgia, Israel and Monaco are the only countries in the region with a total fertility rate at or above replacement level,” the United Nations Economic Commission for Europe said in a report in October. At the same time, the report said, the Central Asian states are among the countries in the region that have “experienced negative net migration” since 2015, while countries receiving the largest numbers of migrants in that period were the United States, Russia, and Germany. The total population of the five Central Asian countries is about 76 million. Some of those countries, especially Tajikistan and Kyrgyzstan, rely heavily on remittances from nationals who struggle to find work at home and seek opportunities abroad, particularly in Russia. The alleged involvement of several Tajiks in a deadly terror attack in the Moscow area in March led to a backlash of harassment and intense scrutiny aimed at many Central Asian migrants in Russia. At a regional health forum in Kyrgyzstan last month, the Europe director of the World Health Organization, a U.N. agency, noted that Central Asia has a “significant young and educated population” at a time when European populations are aging. “This will – if the youth potential is maximized – give Central Asia an edge in the decades ahead,” the director, Dr. Hans Kluge, said.

Top Kazakh Businessman Denies Allegations about Greek Island Fire

One of Kazakhstan’s wealthiest business executives has denied any wrongdoing in connection with a forest fire that was allegedly caused by fireworks on the Greek tourist island of Hydra. Daniyar Abulgazin, who has shares in multiple Kazakh energy and other companies, said he had rented the luxury boat named Persefoni I that has been linked by Greek prosecutors to the fire on June 21. However, he said he and his group left Greece as previously scheduled on June 22 after speaking with “representatives of the Greek authorities,” who made no claims against them in connection with the fire. Some of his guests had already left Greece on the morning of June 21, according to Abulgazin. “It came as a complete surprise to us to learn of the allegations that followed in the press upon our return, and I categorically deny any wrongdoing,” Abulgazin, who had returned to Kazakhstan, said in a statement that was released by DRD Partnership, a London-based communications firm. Greek prosecutors have charged the captain and 12 crewmembers of the boat with arson and eight Kazakh passengers who were on the vessel face charges of complicity in arson, according to Greek media reports. Several reports said Greek investigators found the remains of firecrackers on a Hydra beach and concluded that passengers from the Persefoni I were on the beach around the time of the fire, which burned an estimated 300 acres. The case has stirred anger in Greece, which is enduring high summer temperatures and a string of forest fires. Some commentators questioned how the Kazakh tourists were able to leave Greece before an investigation of the fire had barely begun. Some Greek media outlets said prosecutors were investigating the initial handling of the matter by Greek authorities. They have also mentioned Abulgazin and the names of some of the other Kazakh passengers on the boat in their reports, posting photos of them on broadcasts and websites. Abulgazin referred to “incorrect and misleading” media reports, expressed regret about the fire and promising to cooperate with the Greek investigation. “Neither I nor my guests performed any actions that could lead to a fire. We strictly followed the fire safety rules established on the yacht. Neither I nor my guests asked the crew of the yacht or other third parties to take any actions that could lead to a fire,” he said. Abulgazin has shares in Qazaq Oil, SinoOil and Gas Energy gas station networks as well as other operations and his worth is estimated at $380 million, according to Forbes Kazakhstan. His wife, Aidan Suleimenova, has interests in fashion companies and shopping centers in Kazakhstan. DRD Partnership, the firm that released Abulgazin’s statement about the fire, says it focuses on “building value for our clients and protecting their reputations at moments of challenge and change.”

Qosh Tepa Canal Threatens Water Balance in Central Asia

The construction of the Qosh Tepa Canal may threaten Central Asia's water balance and the region must address the issue. The warning, given by Nikolay Podguzov, Chairman of the Board of the Eurasian Development Bank which is involved in projects affecting the region's water balance, was reported  by AKI press. According to experts, the Qosh Tepa Canal, currently under construction in Afghanistan, receives ten cubic kilometers of water per year from general drainage, and also, the Amu Darya river. Marat Imonkulov, Secretary of the Kyrgyz Security Council, said that a reduction of water in the Amu Darya will inevitably lead to an increase in water taken from the Syr Darya river for agriculture and other needs. Some analysts claim that under such a scenario, Central Asia will face a chronic water shortage. Although not one of its members, the EDB, reminded Afghanistan that the construction of the canal is being implemented by the state on its territory and Podguzov stressed, “The states mutually resolve issues related to relations through diplomatic channels. But we have to solve the problem together. I believe that the countries will agree." Analysts seek to resolve the situation by developing digital water accounting, water conservation, and proper treatment of the region's resources. The Qosh Tepa Canal project, conducted by the Taliban and currently underway in northern Afghanistan, is a significant initiative in managing the Amu Darya's water resource but during its first phase, has raised concerns among Central Asian countries. Heeding specialists' forecasts, the President of Uzbekistan, Shavkat Mirziyoyev, said that the construction of the Qosh Tepa Canal will change the water regime and balance in Central Asia.

Children Among Nine Killed in Mudflows in Kyrgyzstan

Mudflows caused by heavy rains have killed at least nine people, including four Kazakh children, in an area of southwestern Kyrgyzstan that is popular among tourists for its natural scenery. Search operations were continuing on Sunday. Kyrgyz authorities declared a state of emergency in the Nookat district of the Osh region after the downpours on Friday. Roads, bridges and power lines were damaged and several hundred emergency responders, including police and military personnel, were deployed to help with searches and evacuations. Photos and video posted on Telegram by Kyrgyzstan’s Ministry of Emergency Situations showed rescuers, some in military uniforms, escorting people alongside a fast-flowing river in a ravine. Some carried young children and held onto a rope fixed alongside the ravine wall as they walked. Citing Kyrgyz officials, Kazakhstan’s Ministry of Foreign Affairs said the bodies of four Kazakh children had been found and that its diplomats are helping relatives of the victims. The bodies of the children will be returned to Kazakhstan in “the near future,” the ministry said on Telegram. Akylbek Japarov, chairman of Kyrgyzstan´s Cabinet of Ministers, flew over Nookat district on Sunday to assess the damage and said the government will provide “all-round support” to help those affected, the official Kabar news agency reported. Nookat is popular among trekkers and hikers who enjoy its mountain and forest scenery, particularly in the summer months.

Will Kumtor’s ‘Tails’ Benefit or Harm Kyrgyzstan?

The Finnish company Metso is set to  develop a tailings pond at Kyrgyzstan's Kumtor goldmine but local environmentalists are sceptical, claiming that recycling the waste will bring more damage to the environment than economic benefits. "Tailings" are liquid and solid metal (pulp) remnants of ore processing and according to various estimates, Kumtor's tailings pond contains 70 to 130 tons of gold that could not be mined at the plant.  The remnants of precious metal with harmful waste are mothballed, making secondary mining extremely difficult. The Kyrgyz government however, believes that cooperation with the Finns could provide the state with an annual revenue of some $3.5 billion. Isakbek Torgoev, head of the geo-environmental monitoring laboratory at the Institute of Geomechanics and Subsoil Development of Kyrgyzstan and a candidate of technical sciences, told the Times of Central Asia that the Kumtor tailings pond, grandiose in volume, has over a hundred million tailings. "Throughout the entire phase of the mine -over 30 years - ores were taken from different parts of the Kumtor deposit. At times, ores containing 1.8 grams of gold per ton were dumped in the tailings pond. By comparison, at the Boruu gold mine in Mongolia, that amount of gold is contained in the mined rock, but here it is in the tailings. This is a lot," notes Torgoev. The scientific institute believes that dangerous chemical processes occur in the abandoned ores. "Frankly speaking, I am sceptical about such a development, given that very few successful examples exist worldwide. Especially at Kumtor, with its difficult climatic conditions and frigid winters. Theoretically, the work can be carried out, but practically, we'll see," commented the scientist. According to Torgoev, the price of gold may fall, and because of unprofitability, the Finnish company could refuse to process tailings. Moreover, the reclamation of tailings is a very complicated technological process. In addition to constructing water drains, a layer of a meter thick soil is required to cover them. Otherwise, the waste will go into the rivers and soil, harming the environment. The former owners of Kumtor, the Canadian company Centerra Gold, accumulated about $60 million for the reclamation of the tailings pond after the mine was depleted (tentatively in 2027). However, after the nationalization of the mine, the fate of these funds remains unknown. According to the Ministry of Emergency Situations of Kyrgyzstan, there are 92 burial sites for toxic and radioactive substances in the country. Of these, 23 tailings contain uranium elements, while the rest are buried with radioactive rock residues, heavy metals, and cyanide.

Kazakhstan to Invest $1 Billion in Repairing Water Management Infrastructure

Kazakhstan's minister of national economy, Nurlan Baibazarov, has announced that the country is to repair its water management system following recent severe floods. "The floods that took place in the spring showed the underdeveloped infrastructure of the country's water management system. We have identified 16 projects that require investments of more than 500 billion tenge [over $1 billion]," Baibazarov said. According to the minister, preferential financing will come from from the Saudi Islamic Development Bank. Funds are provided for an extended period at a very low rate, enabling the resolution of long-standing issues in this sector. The renovation of the water management system will include the construction of reservoirs and irrigation canals and the fortification of the technical infrastructure for all services. "First of all, according to the instructions of the head of state, we will carry out a complete renewal of equipment and facilities in the Ministry of Emergency Situations system. In the water sector, we will also equip the Kazvodkhoz system with the necessary equipment," Baibazarov added.