• KZT/USD = 0.00223
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00223
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00223
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00223
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00223
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00223
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00223
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00223
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
16 September 2026

Viewing results 31 - 36 of 2584

Kyrgyzstan-Pakistan Trade: 12-Fold Growth or Pipe Dream?

One of the most notable of Kyrgyzstan’s agreements at the SCO Summit in Bishkek last week may be its deal with Pakistan to boost annual bilateral trade to US$200 million within the next two years. From a base of roughly US$16 million in 2025, that would represent roughly a twelvefold increase. It's an ambitious target, made more so by associated geoeconomic undercurrents. As long as Bishkek avoids taking sides in any Indo-Pakistan unresolved border or other geopolitical disputes and sticks to trade and commercial issues, Kyrgyzstan should have little to worry about. President Sadyr Japarov emphasized the economic benefits, casting the Joint Statement with Pakistan as a means of bringing greater resources and opportunities to the Kyrgyz people. “The economy should become the foundation of the Kyrgyz-Pakistani partnership,” he told reporters after the talks. Prime Minister Sharif similarly argued that current trade was “not a patch on our friendship, our brotherhood and our very strong relations.” In other words, Sharif thinks that the level of trade between Pakistan and Kyrgyzstan is far too low compared with the strength of their political and diplomatic relationship. The Joint Statement of Japarov and Sharif reads that the two governments “agreed to expand industrial and investment cooperation in the fields of mining and processing industries, agriculture, food, textile and light industries, pharmaceuticals, the halal industry and digital technologies, with particular emphasis on establishing joint ventures, localizing production, exchanging technologies and implementing mutually beneficial investment projects.” The leaders also agreed to promote the Tamchy Special Financial Investment Territory as a platform for international investment, fintech, innovation, and global business. Kyrgyzstan has pushed this priority hard in recent years, with Tamchy SFIT Chairman and Deputy Chairman of the Cabinet of Ministers Ayaz Baetov and Tamchy SFIT Deputy Chairman and Minister of Economy and Commerce Bakyt Sydykov spearheading the effort. The Trade Picture If historical patterns are indicative of future behavior, growth in trade over the next two years points toward pharmaceuticals (already Kyrgyzstan's largest import category from Pakistan, at over $6 million of roughly $14 million U.S. dollars in 2025), textiles and ready-made garments (Pakistan's largest global export sector), dried fruit, rice and other agricultural goods, and a newer category: virtual assets and engagement in the digital and IT space. [caption id="attachment_55574" align="aligncenter" width="1500"] Trade figures: UN Comtrade via TradingEconomics.com, 2025 data.[/caption] Kyrgyzstan’s side of the ledger is thin by comparison. Its exports to Pakistan totaled $1.6 million in 2025, led by mineral fuels at about $719,000. Raw hides and leather accounted for about $341,000. It is worth being precise about what this agreement actually does. It does not describe $200 million of commerce that will simply appear. The Joint Statement seeks to spur that trade by fixing transit problems, which touch, then, on geoeconomics and unresolved territorial issues. Kyrgyz officials have emphasized improving logistics and pointed to Pakistan's Arabian Sea ports as a route to global markets. The tested route runs through western China and across the Khunjerab Pass, following the Karakoram Highway to Sost...

Kazakhstan Takes Center Stage in U.S. House Critical Minerals Hearing

Kazakhstan’s growing role in global critical-mineral supply chains came into sharp focus on Capitol Hill on September 2. During a nearly four-hour hearing of the full U.S. House Ways and Means Committee, lawmakers and expert witnesses repeatedly presented the country as a major resource producer, an established U.S. supplier and a strategically important partner in Central Asia. The hearing, titled "Strategic Partnerships to Secure Critical Resources and Supply Chains," covered a broad range of issues, including domestic mining, processing capacity, Africa and trade policy. Kazakhstan nevertheless emerged as one of the hearing’s most frequently cited country examples. Three of the five witnesses explicitly supported removing Jackson-Vanik Amendment restrictions from Kazakhstan and other qualifying Central Asian states, while another encouraged Congress to consider doing so. Their position was reinforced by members of both parties. The discussion followed a congressional delegation to Uzbekistan, Kazakhstan and Mongolia led one week earlier by Committee Chairman Jason Smith. Opening the hearing, Smith said all three countries possess significant critical resources, operate amid a strong Chinese and Russian economic presence and are looking to the United States as a stronger trade and investment partner. Kazakhstan entered the debate as an existing and reliable contributor to U.S. supply chains. Smith noted that the country already provides more than a quarter of U.S. uranium imports. Uzbekistan was discussed largely in terms of its plans to nearly double uranium production by 2030, while Kazakhstan’s importance rested on current production, established commercial ties and its capacity to support immediate diversification of American supplies. Former U.S. Ambassador John Herbst, senior director of the Atlantic Council’s Eurasia Center, described Kazakhstan as the world’s largest uranium producer, the holder of the second-largest manganese reserves and one of the leading producers of titanium. He also pointed to its substantial copper, lithium and tungsten resources. According to Herbst, the United States currently receives only about 2.1 percent of Central Asia’s mineral exports. That limited share, he argued, leaves considerable space for American companies to expand their presence in a region that is actively seeking investment, technology and alternatives to dependence on Russia and China. Kazakhstan’s significance was also linked to its position at the heart of the Trans-Caspian, or Middle Corridor. Participants described the route as an increasingly important connection between Central Asia and Western markets. Combined with new transport links through the South Caucasus, the corridor could give Kazakhstan greater access to global markets while strengthening the resilience of supply chains serving the United States and its allies. For Kazakhstan, the Jackson-Vanik Amendment became the hearing’s defining political issue. Smith said his recent meetings in Central Asia showed that regional partners regard the Soviet-era measure as an obstacle to deeper economic ties. Witnesses added that the continued application of Jackson-Vanik and the absence of permanent normal trade relations make the trade relationship less predictable and raise questions about the durability of Washington’s commitment. Herbst called for Congress to remove the remaining Jackson-Vanik restrictions on Kazakhstan and other Central Asian countries. He acknowledged that reforms...

How the U.S. Is Building a Critical Minerals Chain Across Central Asia

The United States is trying to turn its political dialogue with Central Asia into concrete projects for mining and processing critical minerals. American capital is already moving into Kazakhstan’s tungsten sector and has long been present in Tajikistan’s antimony industry, while Washington is looking more closely at the mineral potential of Uzbekistan and Kyrgyzstan. But access to deposits is only part of the challenge. China is already deeply embedded in the region’s mining, processing, and supply routes. A new round of talks took place during a visit by U.S. Special Envoy for South and Central Asia Sergio Gor and Senator Steve Daines. In Bishkek, the U.S. delegation met with regional leaders and discussed investment and resource projects. Daines represents Montana, one of the United States’ major mining states, and serves on the Senate Committee on Energy and Natural Resources. He has also advocated repealing the Jackson-Vanik amendment, a Cold War-era provision that still applies to Kazakhstan, Tajikistan, Turkmenistan, and Uzbekistan. The 1974 law was designed to pressure Soviet-bloc governments that restricted emigration and still prevents the four countries from receiving permanent normal trade relations with the United States. In Washington, its repeal is increasingly being linked to expanding trade and U.S. investment in the region. U.S. mineral diplomacy has already acquired a dedicated regional format. In June, Astana hosted the C5+1 Critical Minerals Dialogue with representatives of all five Central Asian states. Discussions ranged from geological exploration and access to data to processing and getting raw materials to international markets. U.S. Assistant Secretary of Commerce David Fogel called for faster progress in turning those discussions into investment projects. More than 20 U.S. mining and related companies joined the delegation, while a Kazakhstan-U.S. roundtable focused on processing capacity and new supply chains. The question now is whether Washington can turn that diplomatic push into projects that not only extract Central Asia’s minerals, but process them in the region and move them to Western markets without relying on China. Kazakhstan: America’s Bet on Tungsten The most prominent U.S.-backed project is already taking shape in Kazakhstan. Cove Capital, through Cove Kaz Capital Group, is working with state-owned Tau-Ken Samruk to develop the Severny Katpar and Verkhneye Kairakty deposits in the Karaganda Region. The U.S. investor holds a 70% interest in the project, while its Kazakh partner has a 30% stake. Investment is estimated at around $1.1 billion. The project goes beyond mining: processing is also planned in Kazakhstan. At Severny Katpar, average annual production is projected at about 5,000 tons of tungsten trioxide. Mining is scheduled to begin in 2030. Tungsten is particularly important to the United States. It is used in aerospace, electronics, machinery, and defense, while the global market remains heavily dependent on China. Professor Younkyoo Kim of Hanyang University and his co-authors highlighted the middle of the production chain – smelting, refining, and separation – in a 2026 study. These processing capabilities are even more concentrated geographically than mining itself. Kazakhstan is trying to use competition among investors to keep more stages of...

Western Tourism Interest Grows Around World Nomad Games

More than 3,000 athletes from 104 countries gathered in Bishkek on August 31 as the World Nomad Games returned to Kyrgyzstan, a sharp increase from the 583 competitors from 19 countries who attended the inaugural event at Issyk-Kul 12 years ago. Tour operators are also seeing more Western travelers, many using the Games as the centerpiece of a longer journey through Central Asia. Around 30,000 people attended the opening ceremony before the sporting and cultural programs moved to Issyk-Kul. Ahead of the Games, Kyrgyzstan’s State Agency for Tourism Development projected more than 100,000 guests over the course of the event. Late on September 2, organizers reported that around 150,000 people had visited Kyrchyn during the first two days, though they provided no methodology or breakdown between domestic and foreign visitors. Kyrgyzstan’s foreign tourism market remains predominantly regional, with more than 95% of foreign tourists in recent years coming from neighboring Central Asian countries and Russia. Arrivals from Europe and the United States have nevertheless been rising, according to the Tourism Development Fund. Western interest in the World Nomad Games was already apparent in 2024, when packages offered by Regent Holidays and Wild Frontiers, both based in the United Kingdom, sold out months before the fifth Games in Kazakhstan. Ak-Sai Travel, a Kyrgyzstan-based tour operator, is offering two itineraries built around this year’s Games. Asked whether the company has seen a significant rise in Western visitors, its chief marketing officer, Aikanysh Akynbekova, told TCA, “Yes. We have seen growing interest from Western markets over the past few years, particularly since international travel fully recovered after the pandemic.” Akynbekova identified Germany, France, Italy, the UK, Spain, and Switzerland as the company’s strongest Western markets. She attributed the increase to improved air connections and greater media coverage of Central Asia, along with growing interest in nature and cultural travel. Demand for Ak-Sai’s Games itineraries has been particularly strong among people already considering a trip to Central Asia. Many of its Western customers are visiting Kyrgyzstan or the region for the first time and are looking for less crowded destinations and meaningful cultural experiences. “For most travelers, the Games are an important highlight rather than the only reason for visiting,” Akynbekova said. The itineraries combine the event with travel through Kyrgyzstan, including its mountain landscapes and historical sites. MIR Corporation, a Seattle-based tour operator, is running one scheduled small-group tour for the Games. Andrew Barron, the company’s director of service and support for retail tours, said 11 of the 16 places had been booked, all by travelers from the U.S. For most of the group, the Games are the principal reason for traveling, although about half are also visiting elsewhere in Central Asia before or after the event. Barron knew that roughly a third had visited the region before, but could not say how many of the others were first-time visitors. Bookings opened in fall 2025, but most were made during 2026, about half since the spring. MIR continued to receive last-minute inquiries during...

Five Years Without Recognition: How Central Asia Is Building Relations with Afghanistan

Five years of Taliban rule have shown that international relations with an unrecognized government can go much further than many imagined after the fall of Kabul in August 2021. Russia remains the only country to have formally recognized Afghanistan’s current authorities, yet the complete isolation some expected has not materialized. Afghanistan receives foreign diplomats and participates in regional talks, while neighboring states pursue trade and infrastructure projects with Kabul. Over the past five years, the Taliban have signed mining agreements worth billions of dollars, including projects involving Chinese and Iranian capital. This diplomatic arrangement has become possible because international approaches toward Afghanistan have diverged. Restrictions on the rights of women and girls continue to block broader international legitimization of the Taliban. In August, the UN described the situation facing Afghan women as the world’s most severe women’s rights crisis. At the same time, neighboring states have practical issues to address involving trade, security, water, energy, and transportation. Central Asia has gone particularly far in developing practical engagement. Afghanistan is gradually being integrated into regional economic ties without any formal change in its international status. Engagement Without Recognition On April 5, 2026, Kabul hosted the first dedicated Central Asia-Afghanistan Consultative Dialogue, attended by representatives of all five Central Asian states. The participants discussed economic ties and regional connectivity. The format itself was presented as a multilateral political mechanism for regular engagement between Afghanistan and Central Asia. This is already more than a collection of separate contacts with Kabul. The region is gradually developing its own model for dealing with the Taliban, driven by issues that cannot simply be left unresolved. Trade and transportation continue regardless of diplomatic status. In the first quarter of 2026 alone, rail freight between Kazakhstan and Afghanistan reached 1 million tons, up 77% year over year. Tajikistan, which long maintained the toughest stance toward the Taliban among Afghanistan’s Central Asian neighbors, has also expanded working contacts with Kabul, although border security remains a serious concern. Tajik officials say five Chinese citizens were killed in two attacks launched from Afghan territory in late 2025, while Dushanbe has long warned about militant groups operating in Afghanistan, including Islamic State Khorasan Province (ISKP). So far, this model has allowed political recognition to remain separate from practical cooperation. But the region is gradually moving beyond trade and diplomatic contacts toward proposed infrastructure projects with multibillion-dollar price tags. From Trade to Long-Term Bets Afghanistan’s economy is growing, but it remains too weak to finance major infrastructure projects on its own. The World Bank estimated real GDP growth at 4.8% in 2025, but the return of around 3.7 million Afghans and rapid population growth contributed to a 5.6% decline in GDP per capita. Investment remains weak, while businesses have limited access to financing. The financial system also maintains connections with the outside world through narrow channels. The World Bank has noted limited correspondent banking relationships, a lack of direct access to accounts in the United States, and the significant role of the informal hawala...

One Target, 145 Meters: Kyrchyn’s Archers Take on Korea’s Long-Range Test

The archers formed a long, uneven line across the grass at Kyrchyn Gorge on Friday, bows rising almost in unison beneath a bank of clouds. Their target was 145 meters away, far enough for the arrows to climb visibly before dropping back toward the range. It was the final and most unfamiliar test in the World Nomad Games’ traditional ground archery program: a Korean-style competition at a distance many of the international entrants had never attempted before. [video width="1024" height="576" mp4="https://timesca.com/wp-content/uploads/2026/09/WhatsApp-Video-2026-09-04-at-17.18.45.mp4"][/video] A total of 196 archers from 51 countries took part in the traditional archery program at Kyrchyn. The first two days used Kyrgyz and Turkish targets at shorter distances. Friday’s Korean round pushed both men and women out to 145 meters. Under the special Korean rules, each competitor shoots 15 qualification arrows across three rounds. The top 16 men and top 16 women advance to a 10-arrow final. Korean national team archers served as judges and officials rather than competing, leaving international archers to take on one of Korea’s defining traditional distances. For Kristina Dolgilevica, coach of Great Britain’s ground-archery team and president of the UK Traditional Archers’ International Association, the distance changes almost everything. “You have to adjust and adapt in so many ways,” she told The Times of Central Asia. “Not just your technique, not just your aim. You have to also adjust and tweak your equipment.” The British longbows were only one part of a field whose equipment, experience, and expectations varied widely. Germany’s Jürgen Junkmanns had at least faced the problem before. The German prehistoric-archery specialist and bowyer has spent decades studying historical bows and said he had travelled to Korea several times to shoot there. Even so, he described the distance as unusual at home. “In Germany we don’t shoot these distances, so we’re not used to it,” he said. For Canada, there was no opportunity to practice it at all. Vancouver-based Patricia Gonsalves, founder of Lykopis Archery, has more than three decades of experience in traditional archery and was accompanying Canada’s sole competitor. “We can’t train this distance in Canada,” she said. “There’s nowhere that we can train for this.” The weather added another variable. Gonsalves said archers from British Columbia were accustomed to rain, but Kyrchyn’s rapid changes had forced them to think differently about their arrows and fletching. A strong gust matters more when an arrow remains airborne for so long. Austria’s Kunda Kiba came to Kyrchyn with far less experience. She said this was her first World Nomad Games and her first competition in this form of archery. Her assessment was simpler: “It was wonderful. It’s very fun, and that’s what I wanted.” The international mix was part of the appeal for Britain’s John Stanley, who was also writing about the Games for World Archery. He had only shot 145 meters once before, but the distance was not what made the week feel unusual. “Every 20 minutes, there’s some brand-new experience you’ve never had before,” Stanley said. “You’re sitting on...