• KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0.14%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0.14%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0.14%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0.14%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0.14%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0.14%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0.14%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0.14%
21 December 2024

Viewing results 7 - 12 of 911

Kazakhstan Offers Neutral Ground for Peace Talks, Says Deputy Minister Vassilenko

Kazakhstan’s Deputy Minister of Foreign Affairs, Roman Vassilenko, has expressed hope for ending global conflicts, reiterating Kazakhstan's readiness to provide a platform for dialogue. Vasilenko made the remarks at the World Policy Conference held in Abu Dhabi. “I am an optimist by nature and hope that wars will stop. This applies to the ongoing conflicts in Ukraine and the Middle East,” Vasilenko said in an interview. The Deputy Minister underscored Kazakhstan’s neutral stance, highlighting the country’s balanced diplomatic relations with Russia and Western nations. “We hope that by the end of this year or possibly next year, Armenia and Azerbaijan will sign a peace treaty. We have offered to host this event in Kazakhstan,” Vasilenko stated. Vasilenko also emphasized the European Union's significance in Kazakhstan’s economic development and international partnerships. “The EU is our largest trade partner and investor. It is the largest market for Kazakhstani oil and a vital source of technology and investment. We are collaborating with the EU to develop the Middle Corridor, a trade route connecting Central Asia with Europe via the Caspian Sea and the South Caucasus. Progress has already been made. For instance, over the next three years, we aim to quadruple the volume of cargo transported along this route,” he noted. Kazakhstan continues to position itself as a bridge between dialogue and cooperation, leveraging its strategic geographic location and balanced foreign policy.

How Kazakhstan and Uzbekistan Anchor a Strategic Middle-Power Hub in Central Asia

Kazakhstan and Uzbekistan are driving Central Asia’s global significance. Together, they are turning Central Asia into a strategic middle-power hub. The two countries increasingly act as central nodes in a region key to global supply chains and, inevitably, geopolitical competition. However, they are not merely reactive to changes around them, but are highly dynamic. What does it mean to say that the region is emerging as a strategic middle-power "hub"? The notion of a hub extends beyond the national profiles of the two principals, Kazakhstan and Uzbekistan, to include the aggregation of collective influence. Central Asia is recognized as a cohesive entity in global forums. Kazakhstan’s energy wealth combines with Uzbekistan’s demographic strength, creating an influential synergy beneficial to the entire region. The interplay between their respective strengths allows them to amplify Central Asia’s voice in international institutions and negotiations collectively. By integrating their regional strategies within global frameworks — such as the Organization of Turkic States (OTS), the Shanghai Cooperation Organization (SCO), and the Conference on Interaction and Confidence Building Measures in Asia (CICA) — Kazakhstan and Uzbekistan enhance the region’s geopolitical relevance. Kazakhstan, for example, has successfully advocated for the Trans-Caspian International Transport Route (TITR, also called the "Middle Corridor"). This transcontinental trade route is emerging as a lynchpin in Eurasian logistics, connecting China to Europe via the Caspian Sea. Uzbekistan, for its part, has emphasized the integration of transport and energy infrastructure. These initiatives align with the broader vision of a unified Central Asia. The leadership of Kazakhstan and Uzbekistan has reinforced the region's collective identity as the "C5" group, also including Kyrgyzstan, Tajikistan, and Turkmenistan. This regional bloc has become a diplomatic focal point for major powers like the United States, China, Germany, and Japan. All of them engage with Central Asia through structured consultations within the C5 framework. These meetings have given the region traction in international diplomacy. The elevation of the C5 group reflects the region's new prominence. The United States engages with the C5 on issues ranging from regional security to sustainable development, emphasizing its commitment to a secure and prosperous Central Asia. China’s cooperation under the C5+1 mechanism complements its transcontinental infrastructure initiatives. Germany focuses on sustainable energy and governance, while Japan prioritizes infrastructure and technology transfers. Kazakhstan and Uzbekistan together have over two-thirds of the region's gross domestic product and two-thirds of its population. Kazakhstan's vast natural resources undergird its economic influence, while its geographic expanse (as the ninth-largest country in the world) makes it central to major connectivity initiatives. Through President Kassym-Jomart Tokayev's nuanced foreign policy, Kazakhstan has adeptly balanced relationships with major powers, ensuring that it remains a key partner for Russia, China, and the European Union. Uzbekistan has surged to prominence through its ambitious domestic reforms and proactive engagement for regional cooperation under the leadership of President Shavkat Mirziyoyev, who has implemented market liberalization measures attracting foreign investment and reinvigorating its economy. As the most populous country in Central Asia, Uzbekistan is an indispensable actor in regional affairs....

U.S., Uzbek Think Tanks Agree to Work Together

Two prominent research centers in Uzbekistan and the United States plan to collaborate on joint projects. The Washington-based Caspian Policy Center and Uzbekistan’s state-backed Institute for Strategic and Regional Studies signed a “strategic partnership agreement” and look forward to “fruitful joint work,” Caspian Policy Center CEO Efgan Nifti said on X. Furqat Sidiqov, Uzbekistan’s ambassador to the U.S., said the agreement would help to foster ties between the two countries through research and dialogue. Founded in 2016, the nonprofit Caspian Policy Center focuses on economic, political, energy and security issues in the Caspian region. The Uzbek institute started in 1992 under a presidential decree. Last week, Eldor Aripov, director of the Institute for Strategic and Regional Studies, met leaders of top research groups in Washington. Among the topics they discussed were economic and other reforms in Uzbekistan that open “great opportunities for expanding the presence of American business in the Uzbek market,” the institute said. The leaders also discussed U.S. foreign policy priorities, including in Central Asia, and noted “successful cooperation” in the so-called C5+1 talks format that includes Uzbekistan, Kyrgyzstan, Kazakhstan, Tajikistan, Turkmenistan and the United States, according to the institute. It said the format helped to coordinate efforts “to strengthen regional trade, develop transport and energy links, combat environmental challenges, and counter extremism.”

Uzbekistan Welcomes 6.5 Million Tourists in 10 Months of 2024, With China Leading Growth Outside CIS

Uzbekistan’s tourism industry is thriving, with 6.5 million foreign visitors from January to October 2024, fueled by a 17.2% year-on-year increase, or 951,300 more visitors compared to the same period last year. Among these tourists, 57,700 were from China, marking a 63.1% rise and making China the leading source of visitors outside the Commonwealth of Independent States (CIS). China's interest in landlocked Uzbekistan comes as no surprise. Rich in natural resources and brimming with untapped potential, Uzbekistan stands as a promising opportunity for growth and prosperity when strategic investments are managed effectively. For instance, China continues to dominate Uzbekistan’s trade scene, accounting for 18.8% of the country's total foreign trade turnover as of October 2024. Bilateral trade between the two nations reached $10.2bn, with Uzbekistan exporting $1.7bn worth of goods to China and importing $8.5bn in return. While this was a slight dip from the $10.8bn in 2023, China has maintained its position as Uzbekistan’s largest trade partner since 2020, thanks in part to strategic agreements like the Bilateral Investment Treaty (BIT) and the Agreement on Avoidance of Double Taxation (DTA). Additionally, China’s investment footprint in Uzbekistan is hard to miss. By the end of 2022, China had invested a total of $4.5bn, with over 2,000 Chinese enterprises operating in the country as of January 1, 2024. These businesses span a wide range of sectors, from oil and gas exploration to infrastructure development, automotive assembly, agriculture, and textiles. Projects include the Pengsheng Industrial Park, which focuses on construction materials and modern agriculture with a $129mn investment, and the Anjiyan Textile Park, which specializes in textile production, backed by more than $64mn. The Luoyang-Bukhara Agricultural Cooperation Zone takes this partnership to the next level, blending agricultural cultivation with industrial activities for a dynamic collaboration. Agriculture has blossomed as a key area of collaboration between Uzbekistan and China in recent years. Uzbek exports, such as cherries, apricots, and dried fruits are hitting the sweet spot in China, while Chinese investments in agri-tech are giving Uzbekistan’s productivity and export game a major boost. When it comes to green energy, Uzbekistan’s renewable ambitions are getting a powerful push from Chinese know-how. A standout project, a 1 GW solar power plant under the Belt and Road Initiative, is a shining example of both nations’ dedication to a greener, more sustainable future. In addition, on December 5, Uzbekistan's Uzatom and China National Nuclear Corporation Overseas (CNOS) signed a cooperation agreement, setting the stage for small nuclear power plants and improved uranium processing in Uzbekistan. This follows earlier talks about tapping into China's expertise to enhance the country’s nuclear energy capabilities. The digital transformation of Uzbekistan is another exciting frontier of opportunity. With plans to expand its digital infrastructure, Chinese companies are stepping in with cutting-edge technologies like 5G networks and e-commerce platforms. These innovations are set to supercharge Uzbekistan’s digital economy, making it more efficient and connected than ever before. It’s a win-win that promises to drive growth and elevate the country’s technological landscape. Two major...

Central Asia, a Possible Winner in Regional Reshuffle Over Syria

There has been talk about who’s up and who’s down since the Syrian rebel offensive that ousted President Bashar Assad this month. Central Asia might end up as a winner on the geopolitical scorecard, according to one theory.  For Syrians, the future depends on whether the country can stabilize under a new government or is headed for fresh conflict. But here’s the international fallout so far:  Russia, Iran and the Hezbollah group in Lebanon, key backers of Assad during years of civil war, lost power and influence in the region. Turkey, which supported some rebel groups, has more clout in Syria, where it opposes Syrian Kurdish forces. Israel has benefited because its enemy Hezbollah has lost a supply route through Syria from patron Iran, though it says it is striking Syrian military sites because threats remain.     There could be economic gains for Central Asia, far from the maneuvers on the ground in Syria. Some analysts believe an ascendant Turkey will call in some favors from Russia, which along with Iran is on the backfoot. One thing that Turkey and Central Asian trading partners really want is the opening of a land route, the so-called Zanzegur corridor, in the South Caucasus, and Russia can possibly help to make that happen.  The 43-kilometer corridor, which is expected to make land trade between East Asia and Europe more efficient, would connect Azerbaijan with its enclave of Nakhchivan, passing through Armenia before joining with Turkey and European markets beyond. The transport connection is supposed to open under a 2020 cease-fire agreement following Azerbaijan’s military success against Armenia, with Russia as a security guarantor. But Zanzegur remains contentious because of Armenian concerns over sovereignty and a final peace deal is yet to be signed.     Now, the theory goes, Turkish President Recep Tayyip Erdogan could push Russian President Vladimir Putin for an assist on Zanzegur in exchange for apparently helping Russia evacuate troops from Syria, and for possibly helping Moscow form a relationship with the new Syrian leadership.    “What will Turkey demand from Russia? Perhaps lighter terms for the supply of key energy supplies now at threat from US sanctions,” economist Timothy Ash wrote in an analysis. “Russian agreement also perhaps over Azeri and Turkish access to Nakhichevan [through] the Zangezur corridor and on to Central Asia? Putin now owes Erdogan. He will collect.” Ahmad Vakhshiteh, a senior lecturer at RUDN University in Moscow, made a similar argument, saying in an interview with German media outlet DW that Turkey could use Syria leverage to advance wider geopolitical goals such as the Zanzegur corridor.  Under the 2020 cease-fire deal, Russian border guards would control transport on the corridor, whose opening could also benefit Russia´s trade connections. But Russian influence has decreased as Armenia has all but withdrawn from a regional, Russian-led security pact and increasingly looks for Western partnerships. There has also been some discussion of bypassing Armenia and building an adjacent land corridor through Iranian territory, though Iran’s own trade and security interests are big factors.   ...

British Think Tank: Kazakhstan is a Key Strategic Partner for the UK

On December 10, the British think tank the Henry Jackson Society presented its research report, “Understanding Kazakhstan’s Strategic Importance: A Middle Power Partner for the UK in Central Asia,” in the UK Parliament. The event was attended by members of both houses of the British Parliament and featured speeches by prominent figures, including Nusrat Ghani MP, Principal Deputy Speaker of the House of Commons; Magzhan Ilyassov, Ambassador of Kazakhstan to the United Kingdom; Darren Spinck, the report’s author and associate research fellow at the Henry Jackson Society; Ekaterina Miroshnik, Director for Eurasia Infrastructure at the European Bank for Reconstruction and Development (EBRD); and Enzo Satkuru-Granzella, business analyst at the UK Critical Minerals Association. Exploring Kazakhstan’s Strategic Role Darren Spinck emphasized that the report examines Kazakhstan’s evolving role as a middle power on the international stage, highlighting its advancements in political reforms and sustainable economic development. It also explores opportunities for enhancing trade and investment between the UK and Kazakhstan, particularly in critical minerals and transit-transport routes. The report includes recommendations for the British Government and Parliament to strengthen this partnership. Nusrat Ghani MP shared her personal efforts to deepen UK-Kazakh relations during her time as Business and Trade Minister (2022–2024) and Minister of State at the Foreign Office (2024). She expressed confidence that the report would provide members of Parliament with valuable insights into Kazakhstan’s importance as a global actor and as a key partner for the UK in Central Asia. Kazakhstan’s Global Diplomacy and Strategic Partnerships Ambassador Magzhan Ilyassov highlighted Kazakhstan’s balanced, multi-vector foreign policy, which aims to safeguard national interests while promoting global security and dialogue. He provided updates on Kazakhstan’s international initiatives, including efforts on nuclear non-proliferation, the proposal to establish an International Agency for Biological Safety (IABS), and the creation of a UN Regional Hub for Sustainable Development Goals (SDGs) in Central Asia and Afghanistan. Ekaterina Miroshnik from the EBRD underscored Kazakhstan’s role in the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor. This trade route connects China with Europe and strengthens economic ties between Europe, Central Asia, and China. She highlighted the EBRD’s involvement in Middle Corridor projects, which are key to improving regional trade infrastructure. Enzo Satkuru-Granzella of the UK Critical Minerals Association noted Kazakhstan’s vast potential to contribute to the global supply chain of critical minerals. With its rich resource base, well-developed infrastructure, and skilled workforce, Kazakhstan is poised for long-term collaboration. He pointed to the Roadmap on critical minerals, signed between Kazakhstan and the UK in March 2024, as a solid foundation for mutual cooperation. Strengthening Bilateral Relations Participants at the event acknowledged Kazakhstan’s increasing geostrategic importance as a middle power and explored new avenues for strengthening ties between the two nations. A significant milestone in the bilateral relationship was the Strategic Partnership and Cooperation Agreement, signed by Kazakhstan’s Foreign Minister Murat Nurtleu and the UK’s David Cameron in Astana on April 24, 2024. Great Britain remains one of Kazakhstan’s top foreign investors. Since 2005, the UK has invested...