• KGS/USD = 0.01143 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10684 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10684 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10684 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10684 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10684 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10684 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10684 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10684 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%

Viewing results 1 - 6 of 2649

Opinion: A New Southern Gate – How the EU-Armenia Summit Unlocks a Critical Branch for the Middle Corridor

For the first time in its history, the European Union held a full summit with Armenia. The meeting, which took place in Yerevan on 4–5 May 2026, was not merely a diplomatic milestone for Armenia. It also sent a signal to governments thousands of kilometers away in Central Asia that the trade route linking Asia to Europe through the South Caucasus is becoming more real, and more politically backed, than ever before. The centerpiece of the summit saw the signing of a “Connectivity Partnership” between Brussels and Yerevan. The European Commission President, Ursula von der Leyen, described Armenia as "uniquely positioned" to connect Europe with the South Caucasus and Central Asia. Under the EU's Global Gateway program, investments in Armenia are expected to reach €2.5 billion. A further €3 billion is earmarked specifically for the Middle Corridor – the trade route that runs from China across Central Asia, over the Caspian Sea, through the South Caucasus, and into Europe. “We will support your integration into key transport networks like the Trans-Caspian Corridor. It is a route that is also of strategic importance for Europe, given the growing flows of trade between our two regions,” von der Leyen stated. A Route That Is Already Moving Fast The Middle Corridor, formally known as the Trans-Caspian International Transport Route (TITR), has grown at a pace that few predicted. Cargo volumes rose 70 percent in the first nine months of 2024 alone, reaching 3.4 million tons. By the end of that year, the total had climbed to 4.1 million tons – up from just 350,000 tons in 2021. The World Bank projects that the route could handle up to 11 million tonnes a year by 2030. It's important to maintain some perspective. These numbers are small fry when compared to the billions of tons of trade that moves between Europe and Asia by sea. However, the Middle Corridor does offer important diversification, particularly given the spillover effects of wars in the Middle East and piracy in the Red Sea. [caption id="attachment_48602" align="aligncenter" width="1274"] Image: Trans Caspian International Transport Route and it’s southern part, China-Kyrgyzstan-Uzbekistan Railway project. Source: middlecorridor.com[/caption] Where Uzbekistan Stands For Uzbekistan, the Middle Corridor is both an opportunity and a work in progress. In January 2025, President Mirziyoyev signed a decree to upgrade road and rail connectivity, and in September 2024, Tashkent co-founded the Eurasian Transport Route Association alongside Austria, Azerbaijan, China, Kyrgyzstan, Tajikistan, and Turkey. In December 2024, Uzbekistan sent its first block train all the way to Brazil – through Turkmenistan, Azerbaijan, and the Georgian port of Poti – proving the route is operationally viable. But costs remain a challenge. Shipping a 40-foot container via the Middle Corridor currently costs between $3,500 and $4,500, compared to $2,800–$3,200 on the Northern Corridor through Russia. Europe, meanwhile, accounts for only around 3 percent of Uzbekistan's exports and 13 percent of its imports — a share that Tashkent wants to grow significantly. The China–Kyrgyzstan–Uzbekistan (CKU) railway — a $8 billion, 573-kilometre project whose...

Kazakhstan, Kyrgyzstan, Uzbekistan Agree on Toktogul Water Releases

Energy and water ministers from Kazakhstan, Kyrgyzstan, and Uzbekistan signed a trilateral protocol in Tashkent on May 7 establishing agreed water release volumes and schedules from the Toktogul Reservoir for the next two months. The Toktogul Reservoir plays a central role in maintaining water and energy stability across Central Asia. The Toktogul Hydropower Plant, located on the Naryn River, the main tributary of the Syr Darya, is Kyrgyzstan’s largest power station and supplies around 40% of the country’s electricity. The reservoir serves a dual purpose: generating electricity for Kyrgyzstan while regulating water flows essential for downstream agriculture in Kazakhstan and Uzbekistan. During winter, Kyrgyzstan typically increases electricity generation to meet heating demand, often lowering reservoir levels and reducing the amount of water available for irrigation during the following spring and summer. According to Kazakhstan’s Energy Ministry, the newly signed protocol removes uncertainty for farmers in southern Kazakhstan at the start of the agricultural season and allows both Kazakh and Uzbek farmers to begin irrigation activities on schedule. To ensure stable water supplies throughout the remainder of the growing season, the three countries agreed to continue coordination in stages. The next ministerial meeting is scheduled for mid-June in Bishkek, where officials plan to finalize water release schedules for the critical summer months of July, August, and September. The agreement highlights the continued functioning of the region’s interstate water-energy exchange mechanism. Coordination over summer irrigation flows was preceded by extensive cooperation during the winter season. From September 2025 to April 2026, Kazakhstan supplied more than 1.5 billion kilowatt-hours of electricity to Kyrgyzstan, helping the upstream country reduce winter water releases for heating and preserve additional reserves in the Toktogul Reservoir for summer irrigation needs in Kazakhstan and Uzbekistan. According to Kyrgyzstan’s Deputy Energy Minister Altynbek Rysbekov, the Toktogul Reservoir held 7 billion cubic meters of water on April 1, 2026, down from 9.14 billion cubic meters on January 1 after the winter heating season. The reservoir’s so-called “dead water level,” the threshold below which turbines can no longer operate, stands at 6.5 billion cubic meters.

No Tanks on Red Square as Moscow’s Victory Day Pull Fades in Central Asia

Russia’s Victory Day parade on May 9 is set to be more restrained this year, with tanks, armored vehicles, and missile systems absent from Red Square for the first time in nearly two decades. The Russian Defense Ministry cited the “current operational situation,” while the Kremlin blamed what it called Ukrainian “terrorist activity.” Russia also reported drone attacks aimed at Moscow in the days before the ceremony, and security around President Vladimir Putin has been tightened. The reduced scale of the parade carries a resonance beyond Russia. Victory Day remains one of the most emotionally charged dates in the post-Soviet calendar, including in Central Asia, where families still remember relatives who fought, died, or labored during World War II. But across the region, the holiday has increasingly been placed inside national calendars rather than left as part of Russia’s political script. The contrast with last year is sharp. In 2025, Moscow marked the 80th anniversary of Nazi Germany’s defeat with its largest Victory Day parade since the start of Russia’s full-scale invasion of Ukraine. Chinese troops marched on Red Square, Xi Jinping sat beside Putin, and foreign leaders attended from across Asia, Africa, Latin America, and the former Soviet space. Tanks, rocket launchers, missile systems, drones, and other military hardware rolled through the square. This year’s guest list is more limited. The Kremlin’s initial list of foreign delegations included leaders and senior figures from Belarus, Laos, Malaysia, Slovakia, the breakaway republics of Abkhazia and South Ossetia, and representatives from Bosnia and Herzegovina’s Republika Srpska. Attendance has also been hard to read. Earlier reports said Kazakhstan’s Kassym-Jomart Tokayev and Kyrgyzstan’s Sadyr Japarov were expected in Moscow, while the Kremlin’s initial published list of foreign guests did not include any Central Asian presidents. On May 8, however, Kazakh and Uzbek media reported that Tokayev and Uzbekistan’s Shavkat Mirziyoyev were traveling to Moscow for Victory Day events. The late confirmations complicate the picture, but they do not restore the full regional show of unity seen in the last two years, when all five Central Asian presidents were present at the Moscow parade. It does suggest, however, that Moscow’s political ownership of the date is less automatic than it once was. Victory Day, which commemorates the Soviet defeat of Nazi Germany in what Russia calls the Great Patriotic War, has long been one of the main rituals of modern Russian power. It draws large television audiences, fills public space with military symbolism, and presents the Kremlin as the guardian of a sacred national memory. The holiday speaks of sacrifice and family loss, but also of nationalism and state control over history. Putin has used that language repeatedly. On May 9, 2024, after appearing on Red Square in snowfall, he said Russia was going through a “difficult, milestone period,” and warned: “We will not allow anyone to threaten us. Our strategic forces are always in combat readiness.” In 2025, he used the 80th anniversary parade to link Soviet wartime memory to Russia’s current war, saying...

Kyrgyzstan Expands Issyk-Kul Energy Infrastructure Ahead of SCO Summit

Kyrgyzstan has launched a large-scale modernization of energy infrastructure in the Issyk-Kul region as part of preparations for the upcoming Shanghai Cooperation Organization (SCO) summit, scheduled to take place this autumn in Cholpon-Ata. According to the Energy Ministry, authorities are upgrading power grids, expanding substation capacity, and installing new transformers across the region. In several villages in the Issyk-Kul region, self-supporting insulated wires are being installed to improve reliability and safety while reducing maintenance costs. Aging power networks are also being replaced. Particular attention is being given to the village of Baktuu Dolonotu near Cholpon-Ata, where some summit-related events are expected to take place. “Under the project, the existing 10 and 16 Megavolt-Ampere (MVA) transformers will be replaced with two new 40 MVA transformers, creating a modern high-capacity substation. The equipment has already been delivered, and preparations for installation are underway,” the ministry said. The modernization drive is also linked to the development of tourism infrastructure in the region. Several major projects are underway in Issyk-Kul, including the Ala-Too Resort ski complex and tourism facilities in the Jyrgalan Valley. To supply electricity to these new facilities, authorities are constructing a 110 kV transmission line from Karakol to Jyrgalan and replacing existing 35 kV overhead lines with underground cable systems. According to the Energy Ministry, trenches extending more than 100 kilometers have already been prepared for the new transmission line. Last year, a new substation was commissioned in the region, and 12.8 kilometers of cable lines were laid. “Work on the electricity supply for the cable car at the Ala-Too Resort ski base has been completed one hundred percent. The cable car could be launched right now,” Aslan Ibraev, deputy director of the Issyk-Kul Electric Grid Enterprise, told The Times of Central Asia. According to Ibraev, the first phase of infrastructure work for the ski resort has already been completed. “In total, we installed four transformer substations in Jyrgalan and laid 60 kilometers of underground electric cables,” he added. Kyrgyz authorities say the infrastructure upgrades are intended not only to ensure the successful hosting of international events, but also to support the long-term development of the region’s tourism sector. Construction of the ski resort is expected to be completed later this year. Authorities have also begun selling land plots for new tourism facilities near the resort area.

Trade and Economic Park Planned at Border of Kyrgyzstan, Tajikistan, and Uzbekistan

On May 6, Kyrgyz President Sadyr Japarov visited the Dostuk Stele (Friendship) in the country’s southwestern Batken region, erected at the junction point of the state borders of Kyrgyzstan, Tajikistan, and Uzbekistan, where he reviewed the concept and master plan for the proposed Dostuk International Trade and Economic Park. During a summit in the northern Tajik city of Khujand on March 31, 2025, Presidents Sadyr Japarov of Kyrgyzstan, Emomali Rahmon of Tajikistan, and Shavkat Mirziyoyev of Uzbekistan signed a historic agreement on the junction point of the three countries’ state borders. The leaders also took part in a remote inauguration ceremony for the Friendship Stele, which marks the exact location where the borders of the three countries meet and symbolizes friendship among the three nations, the resolution of long-standing border issues, and a new stage of regional cooperation. The planned Dostuk International Trade and Economic Park would span 100 hectares and include administrative, tourism, logistics, production, commercial, and recreational zones. The project aims to strengthen trade and logistics links, attract investment, and create new economic opportunities. If implemented, the project is expected to create more than 5,000 jobs and increase cross-border trade. The concept also includes the development of tourism infrastructure and the organization of international cultural events, ethnic festivals, and exhibitions, contributing to stronger cultural and humanitarian ties while promoting the historical heritage of the Silk Road. Japarov said good-neighborly relations among Kyrgyzstan, Tajikistan, and Uzbekistan remain important, citing the role of joint infrastructure and economic initiatives in regional stability and sustainable development. He also expressed confidence that, with mutual support from the three neighboring countries, the project could become a major platform for trade and investment, as well as a symbol of peace, trust, and unity among the peoples of Central Asia.

Remains of Buddhist Temple Unearthed in Ancient Silk Road City in Kyrgyzstan

The remains of what is believed to be a Buddhist temple dating to the 7th and 8th centuries have been discovered at the medieval Ak-Beshim archaeological site, the ruins of the ancient Silk Road city of Suyab in northern Kyrgyzstan, according to the Ministry of Culture, Information, Sports and Youth Policy of the Kyrgyz Republic. Located seven kilometers southwest of Tokmok, Suyab was a major Silk Road city between the 5th and 8th centuries. It was the capital of the Western Turkic Khaganate and an important center for Sogdian merchants on the Chang’an-Tian Shan route, now part of a UNESCO World Heritage corridor. Chinese historical sources suggest that the celebrated poet Li Bai, born in 701 and believed to have died in 762 or 763, may have been born in Suyab. Suyab declined in the 11th century with the rise of Balasagun, another historic city in the Chui Valley located near the famed Burana Tower. The discovery was made by a Kyrgyz-Japanese archaeological expedition during excavations conducted since early May. Researchers uncovered a platform, ramp, and staircase constructed of baked brick. Experts believe these architectural elements are characteristic of temple architecture from China’s Tang Dynasty. The discovery also supports a hypothesis put forward by renowned Soviet archaeologist Alexander Bernshtam, who in the late 1940s suggested the existence of a Buddhist religious structure in the area. Archaeological work carried out in 2025-2026 has opened new chapters in the history of Buddhism in Suyab. Joint Kyrgyz-Japanese research at the site has been underway since 2012. Efforts are currently underway to reclassify the land where excavations are taking place as protected historical and cultural territory. If approved, authorities plan to establish an open-air museum at the site. It was previously reported that archaeologists had also uncovered what is believed to be the oldest Christian structure found in Kyrgyzstan, a Nestorian church dating to the 7th or 8th century. The Times of Central Asia previously reported that the Ministry of Culture, Information and Youth Policy of Kyrgyzstan and the Dunhuang Research Academy established a joint laboratory for cultural heritage preservation that will oversee conservation work at the Ak-Beshim archaeological site.