• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.10858 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.10858 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.10858 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.10858 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.10858 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.10858 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.10858 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.10858 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
22 December 2025

Viewing results 1267 - 1272 of 1814

EU and Kazakhstan Launch Coordination Platform of Trans-Caspian Transport Corridor

On 12 June, the European Commission and Kazakhstan launched the Coordination Platform for the Trans-Caspian Transport Corridor, also known as the Trans-Caspian International Transport Route (TITR) or the Middle Corridor, in Astana. According to Kazakhstan’s Ministry of Transport, the newly established Coordination Platform will improve the safety and sustainability of the Trans-Caspian Transport Corridor and turn it into a multimodal and competitive route linking Europe and Asia in 15 days or less. The event was attended by representatives of Central Asian countries and other states sited along the corridor, as well as international financial institutions and non-EU G7 countries. Emphasizing the critical development of transport infrastructure and strengthening transport links for the regions’ economic growth and prosperity, Marat Karabayev, Minister of Transport of Kazakhstan, stated: “The establishment of the Coordination Platform provides us with a unique opportunity to join forces, exchange experience and perspectives to reach common goals. I would like to note that our partners from Armenia, Azerbaijan, Georgia, as well as Turkey have been invited to join this effort, which plays an important role in terms of achieving major and sustainable goals for the development of the Trans-Caspian International Transport Route.” The Minister of Transport expressed gratitude to the European Union for its invaluable support and efforts towards the development of Central Asian countries. Speaking at the event, Henrik Hololei, Hors-Classe Adviser at the Directorate-General for International Partnerships in the European Commission, stated: "The Coordination Platform created for the Trans-Caspian Transport Corridor marks a significant step forward in our cooperation to bring Central Asia and Europe closer together. Sustainable transport connections are crucial for consolidating the region’s economic growth and connectivity with Europe." Ms. Maja Bakran, Deputy Director General for Mobility and Transport at the European Commission, then added: “The Coordination Platform will be instrumental in making the Trans-Caspian Transport Corridor a multimodal, modern, competitive, sustainable, predictable, smart and fast route linking Europe, the Caucasus and Central Asia. The coordination efforts among the various stakeholders will drive forward deeper connections and contribute to sustainable economic development of the region.” The Platform’s key objectives are to promote the corridor and coordinate efforts on the implementation of priority hard and soft infrastructure projects in Central Asia. It will also boost and coordinate investments in rail, road, and port infrastructure.    

UN Supports Uzbekistan and China’s Initiative on International Day of Dialogue Among Civilizations.

The UN General Assembly has unanimously adopted a resolution entitled “International Day of Dialogue among Civilizations,” which was drafted by the People's Republic of China and the Republic of Uzbekistan. The main goal of the resolution is to raise awareness of the value of civilizations' diversity and promote dialogue, mutual respect, and global solidarity, states the Ministry of Foreign Affairs of the Republic of Uzbekistan According to the resolution, June 10th will be declared the International Day of Dialogue among Civilizations. More than 80 countries co-sponsored the resolution, including all of the Central Asian states, Armenia, Azerbaijan, Belarus, and Russia. The resolution reflects the ideas proposed by the leadership of Uzbekistan at the 78th session of the UN General Assembly in 2023 and the Samarkand SCO summit in 2022. The document stresses the need to promote solidarity for common security and prosperity, strive for constructive cooperation, and mobilize the international community's efforts to achieve peace and sustainable development. The resolution also highlights the contribution of all cultures and civilizations to enriching humanity and recognizes the importance of religious and cultural diversity. The document encourages tolerance, respect, dialogue, and cooperation among different cultures and civilizations.

Islamic Development Bank Supports Rogun HPP Project in Tajikistan

News agency Khovar has reported on the Islamic Development Bank (IDB) support in the construction of the Rogun Hydropower Plant (HPP) in Tajikistan. Dr. Muhammad Suleiman Al-Jasser, President of the IDB Group, announced this after a meeting with Tajik President, Emomali Rahmon. The meeting detailed Tajikistan's history towards economic development and outlined the country's priorities for the future. "The Islamic Development Bank has cooperated closely and successfully with Tajikistan for many years. Financing under this agreement has amounted to more than $900 million. We are satisfied with the current level of cooperation. One of the projects under consideration today is support for the Rogun Hydroelectric Power Plant project. The Islamic Development Bank has decided to sign an agreement with the Government of the Republic of Tajikistan,” Muhammad Suleiman Al-Jasser stated. Al-Jasser noted that IDB funds allocated to Tajikistan are directed to energy, education, industry, agriculture, transportation, and other key economic sectors. “We are confident that the current cooperation will be expanded and will serve as an invitation to other participants and investors,” Al-Jasser concluded.

Is Afghanistan Ready for Dialogue with Central Asia on Water Issues?

Against the backdrop of the silence of Central Asian countries, as well as their lack of a coordinated position on the construction of the Qosh Tepa Canal in northern Afghanistan, the Taliban are moving forward with the project with growing confidence and without regard to their neighbors. Last October, at the ceremony to mark the launch of the second phase of the canal’s construction, Afghan Deputy Prime Minister Abdul Salam Hanafi called Qosh Tepa, “one of the most significant development projects in Afghanistan,” while its realization should remove all doubts about the capabilities of the new Afghan authorities, he added. There is no point in discussing the economic rationale for the canal; like other practical measures taken by the Taliban in the water and energy sphere, for Afghanistan, where 90% of the population is employed in agriculture, the provision of irrigation water is undoubtedly an important task. According to the UN, over the past four decades, desertification has affected more than 75% of the total land area in the northern, western, and southern regions of the country, reducing the vegetation of pasture land, accelerating land degradation, and impacting crop production. However, this socio-environmental problem affects the interests of all the peoples of Central Asia, which geographically includes the entire north of Afghanistan. It arose as an objective need for development, and solving it requires the combined efforts of all countries in the region, which is already on the verge of a serious water crisis that threatens not only economic development, but also the lives of millions of people. In general, the Taliban have emphasized their openness in matters of trans-boundary water management, but, so far, these are only statements. They are more motivated by political issues around their international recognition. That is why it is important for them to participate in global events, such as UN climate change conferences, but they have yet to take part in any climate talks. Hopefully, Afghan representatives will be invited to the COP29 Global Impact Conference in Baku this November, especially since one of the key topics of this forum will be a “just energy transition.” It would be interesting to hear what the Taliban have to offer. Though the authorities in Kabul have had some success in water regulation with Iran, the same cannot be said about Central Asia. This clearly owes to the fact that the five Central Asian republics have not taken a unified position on trans-boundary waters with Afghanistan. And their southern neighbor has taken advantage of this – to date, Kabul has not held any full-fledged official consultations with any Central Asian country on the Qosh Tepa Canal. However, just as bilateral formats will not yield results (unlike in Iran's case), the Taliban leadership will not be able to resolve water issues easily with the Central Asian countries. Afghanistan is not a party to the Central Asian Agreement on Cooperation in the Field of Joint Management on the Utilization and Protection of Water Resources from Interstate Sources. It was...

How the Trans-Caspian Corridor will Revitalize Trade between Asia and Europe.

Kazakhstan's Transport Minister, Marat Karabayev has stated that geopolitical tensions are disrupting traditional logistics chains and jeopardizing global trade. As reported in an article published in the Chinese business publication, "South China Morning Post, " he claimed that developing the Trans-Caspian transport corridor is essential for increasing transit potential. Karabayev believes the Trans-Caspian international transportation route is an effective alternative to traditional maritime routes. The overland corridor connects Southeast Asia and China with Europe, crossing Kazakhstan, Azerbaijan, Georgia, and Turkey. Last year, cargo traffic along this route exceeded 2.7 million tons, up 86%. "Kazakhstan can play a key role here. As the largest country between Asia and Europe, it is an important transit hub for trade between the two continents. Kazakhstan accounts for about 80% of all land transit traffic from China to Europe,” said Karabayev. He noted that the Trans-Caspian corridor has undergone a steady development over the past decade. In recent years, geopolitical changes have given it additional impetus, especially since the number of container ships crossing through the Suez Canal in 2023, decreased by 67%  and the cost of sea transportation from Shanghai to European countries has almost tripled in recent months. Given that overland transit would reduce costs and become a more viable logistical option, Kazakhstan is committed to improving infrastructure and terminal facilities, increasing rolling stock, removing administrative barriers, and creating favorable carrier conditions. "However, for the Middle Corridor to achieve its goals, we need the support and participation of other countries," advised Karabayev. "Austria, Germany, Latvia, Latvia, Lithuania, Estonia, and Hungary have expressed interest in joining the Trans-Caspian International Transport Route Association. The EU recently announced an investment of 10 billion euros ($10.85 billion). In addition, a roadmap for development until 2027 has been agreed with Azerbaijan, Georgia, and Turkey.”

First NPP Reactor in Uzbekistan May Start Before 2033

Spot.uz reports that the first reactor of the Small Nuclear Power Plant is planned to be operational in five years. The project will be built near Tuzkon Lake, Farish District, Jizzakh Region. The cost has yet to be disclosed. “The cost of the low-power nuclear power plant construction project based on six RITM-200N reactor units with an installed capacity of 330 MW is confidential information and will not be disclosed,” Uzatom told Spot.uz. The small nuclear power plant's first reactor will be commissioned 60 months after the completion of priority works, which should begin this summer. Each subsequent reactor will be commissioned within six months. The full commissioning will occur before 2033. “During the construction of a low-power nuclear power plant, local general industrial equipment, products, and components are used by the specifications specified in the project documents. Considering the long service life of the small nuclear power plant, it is necessary to use local raw materials,” Uzatom stated. The Times of Central Asia previously reported that the contract for the construction of the NPP was concluded on May 27th, during Russian President Vladimir Putin's visit to Tashkent, between the Directorate for NPP Construction under the Atomic Energy Agency and the Atomstroyexport joint stock company (Rosatom’s engineering department).