• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00198 0%
  • TJS/USD = 0.10696 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00198 0%
  • TJS/USD = 0.10696 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00198 0%
  • TJS/USD = 0.10696 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00198 0%
  • TJS/USD = 0.10696 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00198 0%
  • TJS/USD = 0.10696 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00198 0%
  • TJS/USD = 0.10696 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00198 0%
  • TJS/USD = 0.10696 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00198 0%
  • TJS/USD = 0.10696 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
23 January 2026

Viewing results 1 - 6 of 6

Kazakhstan, Uzbekistan, and Azerbaijan Join Trump-Initiated Board of Peace

A new international organization, the Board of Peace, was formally established yesterday on the initiative of U.S. President Donald Trump. The charter for the board was signed on the sidelines of the World Economic Forum in Davos by representatives from 19 countries. Joining Kazakhstan and Uzbekistan as founding signatories, the other parties are Argentina, Armenia, Azerbaijan, Bahrain, Bulgaria, Hungary, Indonesia, Jordan, Qatar, Saudi Arabia, Turkey, the United Arab Emirates, Morocco, Mongolia, Pakistan, Kosovo, and Vietnam. The United States is not counted among the 19 signatories, acting instead as the initiative’s convener and chair. The Board of Peace is designed as a consultative platform rather than a treaty-based organization, with no enforcement powers and voluntary participation by member states. Following the signing, a comprehensive development plan for the Gaza Strip was unveiled, which envisions transforming the enclave into a regional economic hub by 2035, with a projected GDP of over $10 billion under the proposal. The plan includes restoring water, electricity, sewage systems, and hospitals, creating jobs, and developing coastal tourism. The concept was presented by entrepreneur Jared Kushner, Trump’s son-in-law. Kushner will serve on the Board of Peace’s executive board, alongside U.S. Secretary of State Marco Rubio, Special Envoy Steve Witkoff, World Bank President Ajay Banga, and former British Prime Minister Tony Blair, among others. The inclusion of Kazakhstan and Uzbekistan, the two largest economies in Central Asia, as founding members underscores their growing role in global diplomacy. Azerbaijan, which has recently expressed interest in joining the Central Asia-focused C5 regional format, also signed the charter. Separately, observers have begun referring to the growing cooperation between Central Asia and Azerbaijan as the “C6,” which could pave the way for greater collaboration on the development of the Trans-Caspian International Transport Route, including the Zangezur Corridor through Armenia. [caption id="attachment_42672" align="aligncenter" width="1280"] Image: president.uz[/caption] Uzbekistan’s participation reflects Tashkent’s increasingly active multi-vector foreign policy under President Shavkat Mirziyoyev, which has sought to expand the country’s diplomatic footprint beyond its immediate neighborhood. In recent years, Uzbekistan has stepped up engagement with the United States, the European Union, and the Middle East, while positioning itself as a pragmatic regional actor on development, connectivity, and post-conflict reconstruction initiatives. During the signing ceremony, President Kassym-Jomart Tokayev of Kazakhstan and Trump reportedly had a brief but cordial exchange. In a statement to the press, Ruslan Zheldibay, spokesperson for the Kazakh president, said Tokayev pointed out that Kazakhstan’s accession to the Abraham Accords was listed as item 177 in a document titled 365 Victories of President Donald Trump in 365 Days, distributed at the Davos Forum. Tokayev also wished Trump success in pursuing a “common sense” domestic policy. Trump, in turn, thanked Tokayev for supporting the Board of Peace initiative. [caption id="attachment_42673" align="aligncenter" width="2560"] Image: Akorda.kz[/caption] The press service of Akorda, the presidential residence of Kazakhstan, later clarified that joining the Board of Peace is based on a sovereign decision and entails a standard three-year term. Participation does not require a financial contribution, though the charter allows member states...

The Trump Factor: Why Central Asia Has Remained Silent on Iran’s Protests

The wave of protests that erupted in Iran in late December and spread to at least 27 of the country’s 31 provinces has become the largest since 2022, when mass demonstrations followed the death of 22-year-old Mahsa Amini in the custody of Iran’s morality police. The unrest has raised new concerns across the region about political stability, energy markets, and the risk of external intervention. Rights monitors say protests have been reported in hundreds of locations nationwide, with death and detention tolls still contested. Human rights groups and independent monitoring organizations estimate that dozens of people have been killed and more than 2,000 detained, while Iranian officials have offered varying accounts and blamed violence on what they describe as “rioters.” In Kazakhstan, observers are drawing comparisons to the country’s own January 2022 unrest, officially labeled an attempted coup that ended in a violent crackdown. But beyond the parallels with Kazakhstan’s ‘Qantar’ events, analysts are focusing on the wider implications, particularly the potential impact of Iran’s domestic turmoil on global oil markets. For Kazakhstan, the stakes are heightened by the country’s reliance on hydrocarbon exports and the sensitivity of global energy markets to supply shocks. Any sharp change in Iranian output, even if temporary, could place downward pressure on prices and complicate budget planning for oil-dependent economies across Central Asia. Kazakh financial analyst Rasul Rysmambetov has voiced concern that unrest in Iran could trigger a surge in oil production aimed at funding social spending, a move that could drive down global oil prices and harm Kazakhstan’s oil-dependent economy. “Iran could add half a million barrels a day within six months and cause oil prices to collapse, but it would not do so casually. The Middle East is very sensitive and knows how to negotiate. Still, if the protests persist, Tehran might ramp up production to finance social needs. [This would be] painful for Kazakhstan. If Venezuela is a bear cub, then Iran is a grizzly bear in the bushes with its oil,” Rysmambetov warned on his Telegram channel. While political unrest typically raises oil prices by increasing supply risk, analysts note that Iran’s response could be atypical. Faced with fiscal pressure, Tehran may opt to increase production to stabilize revenues, a move that would push prices lower despite heightened instability. Iran’s chronic social issues, exacerbated by inflation and the collapse of the national currency, have fueled public discontent for more than a decade. While the Iranian authorities acknowledge the severity of the economic crisis and have conceded that some demands are legitimate, they have also warned of further hardships. On January 5, the judiciary announced that no leniency would be shown toward those detained during the protests. Russian experts, meanwhile, have framed the unrest in geopolitical terms. Irina Fedorova of the Russian Academy of Sciences’ Institute of Oriental Studies cited renewed sanctions, critical shortages of water and electricity, and foreign interference as the root causes. However, she dismissed the likelihood of regime change, pointing to disunity among opposition factions. “The difference...