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Japan and UN WFP Support Vulnerable Citizens in Kyrgyzstan

An agreement has been signed by Gulnara Baatyrova, Kyrgyzstan’s Minister of Labour, Social Security and Migration, Hideki Goda, Ambassador of Japan to Kyrgyzstan, and Kojiro Nakai, Country Director of the UN World Food Program (WFP) in the Kyrgyz Republic, to enhance self-sufficiency amongst Kyrgyzstan’s most vulnerable citizens. An allocation of $3.5 million will be invested in a basic infrastructure to provide import-dependent food products such as flour and vegetable oil, and improve skills in entrepreneurship and agriculture amongst low-income residents of Batken, Issyk-Kul, Jalal-Abad, Naryn, and Osh. Expressing her gratitude for aid pledged by the Government of Japan and the UN, Minister Baatyrova said: “This program is aimed at strengthening the food security of vulnerable groups and will boost the development of sustainable economic independence, thereby contributing to economic and social stability in the country. Supported by the Japanese government, existing enterprises for the production of apricot oil in the Batken region, and the processing of medicinal herbs in the Naryn region, have already created additional jobs.”

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The C5+1 Concept: The Idea Behind This Week’s B5+1 Forum in Almaty

Recognizing that the Central Asia region could benefit more from initiatives in global security, business and trade if its countries strengthened their cooperation in key areas, the Center for International Private Enterprise (CIPE) created the ‘C5+1’ platform last year for just this purpose. The Center’s 5+1 group features the governments of the five Central Asian republics – Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan and Turkmenistan – plus the United States, whose State Department and international chambers of commerce are central to the platform’s work. An inaugural C5+1 Summit was held in September 2023, on the sidelines of the 78th session of the UN General Assembly in New York. At this high-level meeting, the presidents of each of the Central Asian nations joined US president Joe Biden in dialog on enhancing the region’s stability and prosperity through economic, energy, and security partnerships within the C5+1 framework. Building on this start made by C5+1, CIPE is now launching the ‘B5+1’ format, focused on cooperation in the global business context. The inaugural B5+1 Forum will take place this week in Kazakhstan’s business capital of Almaty, and will include presentations and panel discussions with policy makers from the United States, Central Asia and several other countries. On 14 and 15 March leaders from the public sector will discuss Central Asia’s economic integration, international trade and investment alongside dozens of influential private companies. The B5+1 Forum will pick up where the C5+1 Summit left off in exploring opportunities for American companies in Central Asia. This potential lies in key sectors such as critical minerals, renewable energy and manufacturing. The Almaty event will also continue the conversation on enhancing regional connectivity via the Trans-Caspian International Transport Route, also known as the Trans-Caspian Corridor. At a time of geopolitical upheaval and disruption of existing supply chains, international investment in this trade route is being sought through the Partnership for Global Infrastructure and Investment. The B5+1 Forum forms part of CIPE’s program called “Improving the Business Environment in Central Asia” (IBECA). CIPE themselves are affiliated to the US Chamber of Commerce – the catalyst behind the B7 and B20 platforms – and receive funding from the US Department of State. The establishment of B5+1 is closely aligned with commitments made during the C5+1 Summit last September, and outlined in a document called the New York Declaration. The upcoming Forum aims to deliver on two key commitments in the declaration. The Times of Central Asia will be in attendance at the B5+1 Forum on 14-15 March, and will be publishing insight and analysis from the event.

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US Policymakers and Central Asian Business Leaders Gather in Almaty for the CIPE B5+1 Forum

Cooperation and trade with Central Asia still holds much unrealized potential. The region is developing fast and offers opportunities for companies and agencies, both international and local. As the global geopolitical landscape changes and supply chains are disrupted, the importance of Central Asia as a business and transit hub, through initiatives such as the Trans-Caspian Corridor, is growing. There are therefore great incentives for the five countries of the region – Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan and Turkmenistan – to find ways to function as a single integrated market, in order to capitalize on opportunities for foreign and local companies, and attract more international investment and business. For this reason the Center for International Private Enterprise (CIPE) is inviting policymakers from Central Asia, the United States and other countries to its B5+1 Forum this week. On 14 and 15 March in Kazakhstan’s business capital of Almaty, leading minds from the public sector will discuss Central Asia’s economic integration, international trade and investment, alongside dozens of high-profile private companies. An event on 14 March entitled “Looking within Central Asia” will introduce the objectives and expected outcomes of the B5+1 format. Presentations by representatives of Kazakhstan’s Ministry of National Economy, the Caspian Policy Center, the US Department of State and Kyrgyzstan’s Ministry of Economy and Commerce will give business-focused perspectives on improving economic integration and the investment climate. The discussion on 15 March will center on the theme of “Central Asia’s place in the world economy”. Talks from representatives of the US-Kazakhstan Business Council, the American-Uzbekistan Chamber of Commerce and the European Bank for Reconstruction and Development (EBRD) will give an international perspective on promoting trade and investment flows in Central Asia. The B5+1 Forum forms part of CIPE’s program “Improving the Business Environment in Central Asia” (IBECA). CIPE themselves are affiliated to the US Chamber of Commerce – the catalyst behind the B7 and B20 platforms – and receive funding from the US Department of State. The establishment of B5+1 is closely aligned with commitments outlined in a document called the New York Declaration to strengthen the republics' economic relations, and improve the business environment for regional economic integration and investments. The upcoming Forum aims to deliver on two key commitments in the declaration. The Times of Central Asia will be in attendance at the B5+1 Forum on 14-15 March, and will be publishing insight and analysis from the event.

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World Bank Group Landmark Visit to Central Asia

The World Bank Group Board of Executive Directors has concluded a landmark visit to Kazakhstan, Kyrgyzstan, and Tajikistan. The Board reported that it had welcomed the opportunity to observe first-hand, Central Asian developments in tackling climate change within the prism of the water-energy nexus, the private sector’s growing address of green issues, and gender equality. Ten executive directors met with high-ranking officials and local stakeholders to discuss ongoing and future support provided by the International Development Association (IDA) to Kyrgyzstan and Tajikistan, and in Kazakhstan, focused on the World Bank Central Asia regional program. In Kyrgyzstan, the delegation attended a meeting with President Sadyr Japarov, Akylbek Japarov the Cabinet of Ministers chairman, and other officials. Visits were made to World Bank-funded project sites for water and sanitation, education, and disaster risk management, as well as a MIGA-guaranteed smart farm of hydroponic greenhouses and IFC agri-food processing projects. In addition to discussions with Tajikistan’s president Emomali Rahmon and his cabinet, the delegation toured the Rogun hydropower plant site and World Bank-financed projects on early childhood development and the improvement of health services. A meeting also took place with IFC investment beneficiaries in Dushanbe. The visit to Kazakhstan, included a World Bank-financed oncology centre, and a tour of the Almaty Airport, an IFC project site. The World Bank Group's key objectives in Central Asia are fostering robust recovery from recent crises, enhancing climate resilience, creating jobs, and protecting the countries’ most vulnerable populations. Dominique Favre, the World Bank’s Executive Director for Switzerland, who also represents the constituencies of Azerbaijan, Kazakhstan, the Kyrgyz Republic, Poland, Serbia, Tajikistan, Turkmenistan, and Uzbekistan, praised the regions’ progress and reiterated the company's commitment to helping Central Asian countries tackle ongoing challenges, particularly concerning water, energy, and agriculture.

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The Price of Liquefied Petroleum Gas Falls Below Production Costs in Kazakhstan

In a report on March 5th, Almasadam Satkaliev, Kazakhstan’s Minister of Energy, stated that in 2023 consumption of liquefied petroleum gas (LPG) by the country’s domestic market rose to 2.2 million tons; an increase of 400 thousand tons (or 28%) compared to 2022. Cheaper than gasoline, LPG is understandably the fuel of choice for vehicle owners and a sharp hike in the cost of LPG was met with nationwide objection. Mass protests staged in the western Kazakh town of Zhanaozen in January 2022 soon spread across the country and turned violent in the cities of Almaty and Astana. According to the energy minister, the current maximum wholesale price for LPG established by the state is lower than its production cost. While production varies from 60 thousand to 70 thousand tenge per ton, the wholesale price for manufacturing plants is set at 40,320 tenge/ton excluding VAT. “Due to the unprofitability of liquefied petroleum gas production, manufacturers are running at a loss and are unable to invest in either the maintenance or modernization of their plants,” stated the minister. The price of LPG in Kazakhstan, between 54-86 tenge per litre depending on the region, is the lowest among former Soviet states. For comparison the price per litre in Russia is equivalent to 165 tenge; in Kyrgyzstan, 159 tenge; in Azerbaijan, 171 tenge, and in Tajikistan, 273 tenge. To meet the immediate demands of the country's vehicle owners, a formal agreement has been made between the Ministry of Energy and Tengizchevroil for the monthly supply of 20 thousand tons of LPG. The national company QazaqGaz and shareholders of the North Caspian project are also poised to sign an agreement for the supply of up to 700 tons of LPG per annum from the Kashagan oilfield by the end of this year.

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Most of Kazakhstan Changes Time Zone

From March 1st the whole of Kazakhstan will be on the time zone UTC+5. Currently only the country's western regions are in the UTC+5 zone, with the rest of Kazakhstan set an hour later at UTC +6. This means that at midnight on 29 February the central, eastern and southern parts of Kazakhstan will move an hour back. Kazakhstani scientists have claimed that the UTC +6 time zone has had a negative effect on people's biological rhythms and health, as it does not correspond to natural solar time in the country. They believe that the establishment of a single time zone will have a positive impact on people's wellbeing. The clock change will also eliminate time barriers between different regions, and simplify the running of transport and other communications. This in turn will benefit business, government work and emergency services. This switch, however, has had a mixed reception. Some people are unhappy that the reduction in daylight hours will increase their electricity bills, while others are worried that lighter mornings will affect their sleep.