• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09201 0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09201 0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09201 0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09201 0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09201 0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09201 0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09201 0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09201 0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
21 January 2025

Viewing results 1 - 6 of 290

Kyrgyzstan Explores Hungarian Agricultural Technologies

The 3rd Kyrgyz-Hungarian Agricultural Forum was held on January 17 in Budapest, Hungary, with the goal of strengthening ties between agricultural companies from Kyrgyzstan and Hungary. According to the Kyrgyz government’s official website, the forum showcased Hungary’s innovative agricultural technologies and solutions to address challenges in the sector. Focus on Innovation and Sustainability At the forum, leading Hungarian agricultural companies presented modern technologies aimed at increasing crop yields, improving irrigation systems, processing agricultural products, and promoting environmentally sustainable farming practices. These innovations align with Kyrgyzstan’s growing need to modernize its agricultural sector and improve productivity. Kyrgyzstan Seeks Hungarian Expertise Speaking at the forum, Kyrgyzstan’s Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Processing Industry, Bakyt Torobayev, emphasized Kyrgyzstan’s interest in Hungary’s expertise. "Hungary is a reliable partner with extensive experience in agricultural technologies, including processing agricultural products, improving plant varieties, and supporting the development of small and medium-sized farms," Torobayev said. He invited Hungarian entrepreneurs to expand their operations in Kyrgyzstan, noting that the country’s new economic policy focuses on three key sectors: agriculture, energy, and transport and transit. Torobayev highlighted Kyrgyzstan’s strategic location at the crossroads of the ancient Silk Road, which offers unique advantages for international trade. He pointed to the ongoing construction of the China-Kyrgyzstan-Uzbekistan railway as a critical infrastructure project to connect Central Asia with China, South Asia, Europe, and beyond. Meeting Between Kyrgyz and Hungarian Officials On the same day, Torobayev held discussions with Hungary’s Minister of Foreign Affairs and Trade, Péter Szijjártó. The meeting centered on implementing the Declaration of Enhanced Strategic Partnership, signed in November 2023 during Hungarian Prime Minister Viktor Orbán’s visit to Bishkek. One key topic of discussion was the preparation of a comprehensive long-term development plan for Lake Issyk-Kul, Kyrgyzstan’s largest lake and a vital tourist destination. The plan aims to address environmentalconcerns such as climate change, ecosystem degradation, and overuse of natural resources. Hungarian specialists, drawing on their experience with Lake Balaton, will collaborate with Kyrgyz counterparts to develop and regulate the Issyk-Kul region. Enhancing Bilateral Cooperation Another significant outcome of the meeting was the agreement to increase the authorized capital of the Kyrgyz-Hungarian Development Fund by an additional $34 million. This fund plays a crucial role in fostering economic collaboration between the two countries. The ministers also discussed: Increasing exports of Kyrgyz agricultural products to Europe, focusing on environmentally friendly produce. Establishing logistics centers that adhere to European quality and safety standards. Hungary’s Growing Interest in Central Asia Hungary has consistently sought to deepen its engagement with Turkic-speaking countries in Central Asia. As an observer state of the Organization of Turkic States (OTS), which includes Azerbaijan, Kazakhstan, Kyrgyzstan, Turkey, and Uzbekistan, Hungary has prioritized economic and cultural ties with the region. Turkmenistan also holds observer status within the OTS.

New U.S. Anti-Russian Sanctions Could Spell Trouble for Central Asian Economies

On January 10, 2025, the U.S. Treasury Department announced a new package of sanctions targeting Russia’s energy sector. The measures, which affect a wide range of organizations and individuals, are set to take effect on February 27. While ostensibly aimed at undermining Russia’s economic interests amid the ongoing conflict in Ukraine, the sanctions are likely to have significant repercussions for Central Asian countries given their close economic ties with Russian energy giants. The sanctions package, viewed by some analysts as a final move by the outgoing Biden administration, could become a potent tool for the incoming administration to exert influence over Russian interests in Central Asia. Sanctions on Gazpromneft Subsidiaries The new sanctions include restrictions on Gazpromneft's subsidiaries operating in Central Asia. Affected entities include Gazpromneft Tajikistan, Gazpromneft Kazakhstan, Gazpromneft Asia (Kyrgyzstan), and Munai Myrza (Kyrgyzstan). According to the U.S. Treasury Department, Gazpromneft and its regional subsidiaries are considered critical sources of revenue that support Russia’s military efforts in Ukraine. In response, Gazpromneft characterized the sanctions as "unfounded, illegitimate and contrary to the principles of free competition." The impact of these sanctions, however, could prove severe for the economies of Central Asia, where Gazpromneft plays a key role in the energy sector. Gazpromneft Asia, for example, is a major supplier of petroleum products in Kyrgyzstan, making it a critical player in the domestic market. Sanctions on the company could disrupt fuel supplies and drive up energy prices in the country. Gazpromneft Kazakhstan LLP, based in Almaty, operates a network of Gazpromneft-branded gas stations in Kazakhstan. While disruptions to fuel supplies in this network might not critically affect Kazakhstan’s economy - the largest in Central Asia - the sanctions carry broader implications. Threats to Joint Projects Beyond direct sanctions on companies, several executives of Russian oil firms actively operating in Kazakhstan have been added to the U.S. sanctions list. Key figures include Vadim Vorobyev, President of Lukoil PJSC and a member of Kazakhstan’s Foreign Investors Council. Lukoil is a strategic partner of KazMunaiGas (KMG) in production and exploration projects; Nail Maganov, CEO of Tatneft, which collaborates with KMG on projects such as Karaton Podsolovaya, Butadiene, and the Saran Tire Plant; Alexander Dyukov, the Chairman of Gazpromneft, and Sergei Kudryashov, CEO of Zarubezhneft, which has signed letters of intent for joint projects with KMG. These sanctions could complicate existing partnerships and delay key projects, undermining Kazakhstan’s energy sector and its broader economic growth. Sanctions on Rosatom and Nuclear Energy Another significant element of the sanctions package is the inclusion of Rosatom executives on the U.S. sanctions list. This development poses challenges to Kazakhstan’s plans to establish an international consortium - including representatives from France, South Korea, China, and Russia - to build a nuclear power plant. With Rosatom facing restrictions, the consortium is now likely to exclude Russia, potentially straining relations between Astana and Moscow. A global leader in nuclear energy, Rosatom was expected to play a central role in the project. Kazakhstan may now explore alternative arrangements, balancing its energy ambitions with the...

Kyrgyzstan Simplifies Entry Rules for Foreign Citizens

Kyrgyzstan has introduced significant changes to its visa policy, eliminating several visa categories, including business, tourist, and mountain tourism visas, as part of efforts to improve its investment climate and boost tourism. These visas will now be replaced with a streamlined system centered around a new “Sapar visa”, which can be issued within 24 hours of application. According to the Ministry of Foreign Affairs, the Sapar visa will be available to foreign citizens traveling to Kyrgyzstan for business, tourism, or private purposes, such as visiting friends or undergoing medical examinations. The visa allows stays of up to 90 days and offers both single-entry and multiple-entry options. The changes will take effect on January 22, 2025, with applications submitted through the government’s Electronic Visa portal. The e-visa portal, launched five years ago, was developed to simplify the visa application process, particularly for tourists and investors. The system is user-friendly, requiring only an internet connection, a credit or debit card for payment, and scanned copies of necessary documents. By modernizing its visa policies and making the process faster and more accessible, Kyrgyzstan hopes to attract more foreign investors and tourists, bolstering economic growth. The government’s approach reflects a commitment to removing bureaucratic hurdles and positioning the country as an attractive destination for both business and leisure travel.

Heads of Kyrgyz, Tajik, and Uzbek Governments Meet… Finally

It took more than 30 years, but the prime ministers of the three Central Asian countries that share the Ferghana Valley finally met to discuss a range of important issues that concern all three states. Tajik Prime Minister Kohir Rasulzoda, Uzbek Prime Minister Abdulla Aripov, and Chairman of Kyrgyzstan’s Cabinet of Ministers (Kyrgyzstan does not have a post of prime minister) Adylbek Kasymaliyev met on January 8 at a desolate area where the borders of the three countries meet. [caption id="attachment_27412" align="aligncenter" width="8256"] Image: gov.kg[/caption] The group touted agreements on the completion of the delimitation process along the Uzbek-Kyrgyz border and the early December 2024 agreement on the Kyrgyz-Tajik border. Since 1991, unmarked areas of the borders in the Ferghana Valley were often the scenes of conflicts between communities on either side of the frontier. Border guards sometimes fired on trespassers and dozens of people were killed or wounded, sometimes simply because they inadvertently strayed over unmarked territory into the neighboring country. The Ferghana Valley is the most densely populated region in Central Asia. This is due to the rich agricultural land which makes the region to this day the breadbasket of Central Asia. Soviet mapmakers drew lines to create Soviet republics in the region, though these borders mattered little since they were internal administrative boundaries inside one country. [caption id="attachment_27413" align="aligncenter" width="8256"] Image: gov.kg[/caption] After the USSR collapsed, these often-arbitrary, zigzagging borders took on meaning, and disputes quickly broke out about what land historically belonged to which nation and who had rights to water use. These issues were greatly complicated by the existence of enclaves created during the Soviet period such as Uzbekistan’s Soh and Shahimardon and Tajikistan’s Vorukh, all three of which are surrounded by Kyrgyzstan.   Looking Ahead The three prime ministers discussed hydropower plants (HPP), an important topic for all three countries, especially as key HPPs are located in the mountains ringing the Ferghana Valley and more are currently under construction. Central Asia is one the regions most affected by climate change, so HPPs and water use in general are crucial issues, especially given that agriculture in the Ferghana Valley is vital to all three countries. All three countries face electricity shortages and hydropower is seen as a means of alleviating or even totally resolving this dilemma, but at the same time waters flowing from the mountains of Kyrgyzstan are important for agriculture in every Central Asian state. Uzbek media noted Uzbek Energy Minister Jurabek Mirzamahmudov was part of the delegation attending the January 8 talks. Reports did not mention if energy ministers from Kyrgyzstan and Tajikistan were also present. [caption id="attachment_27414" align="aligncenter" width="8256"] Image: gov.kg[/caption] Central Asia is also taking on a new importance as a trade corridor between Europe and China, and from Europe and China into Afghanistan and on further to Pakistan. Reports noted logistics were high on the agenda at the meeting of the three prime ministers. Trade between the three countries, specifically in the Ferghana Valley, was also discussed not only...

Diplomacy in Detail: Where Each Central Asian Leader Traveled to in 2024

Central Asia is often synonymous with the term "multi-vector foreign policy," enabling its nations to navigate the competing interests of global and regional powers effectively. This "open door" strategy, grounded in the principle of "my friend's friend is my friend," has consistently granted Central Asian countries a distinctive role on the international stage, aiding them in achieving their foreign policy objectives despite shifting geopolitical dynamics. Drawing from official sources, we analyze the frequency and geography of foreign visits by the leaders of Central Asia in 2024, offering insights into their diplomatic engagements. Turkmenistan President Serdar Berdimuhamedov embarked on eight foreign trips in 2024. Among these, only one - a bilateral visit to Malaysia - was not tied to multilateral events. The other seven engagements showcased Turkmenistan’s participation in global diplomacy: XVI BRICS Summit (Kazan) CIS Heads of State Summit (Moscow) Victory Day Celebration (Moscow) Informal CIS Leaders' Meeting (St. Petersburg) Central Asia-Germany Summit (Astana) Sixth Consultative Meeting of Central Asian Leaders (Astana) UN COP28 Conference (Dubai) This year, Berdimuhamedov visited Russia four times, and Kazakhstan twice, and made single trips to the UAE and Malaysia. In parallel, his father and the previous president, Gurbanguly Berdimuhamedov, conducted 10 trips, including four bilateral visits to the UAE and Tajikistan and two to Iran. His international commitments included: One Water Summit (Riyadh) Turkic States’ Council of Elders (Budapest) V World Nomad Games Opening Ceremony (Astana) SCO Summit (Astana) Russia-Islamic World: KazanForum (Kazan) Antalya Diplomatic Forum (Antalya) Tajikistan President Emomali Rahmon undertook 22 foreign trips in 2024, six of which were bilateral, with visits to Russia, Iran, Azerbaijan, Italy/Vatican, and Qatar (twice). Multilateral engagements included: CSTO Summit (Astana) Central Asia-Germany Summit (Astana) Sixth Consultative Meeting of Central Asian Leaders (Astana) SCO Plus Meeting (Astana) COP29 Climate Conference (Baku) Arab-Islamic Extraordinary Summit (Riyadh) UN COP28 Conference (Dubai) UN General Assembly (New York) Uzbekistan President Shavkat Mirziyoyev made 18 international visits, including state visits to Turkey, China, and Tajikistan. He participated in numerous events: COP29 Climate Conference (Baku) Turkic States Informal Summit (Shusha) Arab-Islamic Summit (Riyadh) UN COP28 Conference (Dubai) SCO Meeting (Astana) BRICS+ Summit (Kazan) Kazakhstan President Kassym-Jomart Tokayev led the region in diplomatic outreach with 23 visits. Eleven of these were state visits to Hungary, Serbia, France, Italy/Vatican, Qatar, Azerbaijan, Armenia, Tajikistan, Mongolia, and Singapore. Key multilateral events included: Doha Forum (Doha) One Water Summit (Riyadh) COP29 Climate Conference (Baku) Boao Forum (Boao) Tokayev visited Russia five times, and Azerbaijan three times, and made additional trips to Saudi Arabia, UAE, and other countries in Europe and Asia. Kyrgyzstan President Sadyr Japarov also made 23 foreign visits, including eight state visits to South Korea, Uzbekistan, Kazakhstan, Azerbaijan, Belgium, Germany, Austria, and Italy/Vatican. He attended numerous multilateral forums: CSTO Summit (Astana) Central Asia-Germany Summit (Astana) UN COP28 Conference (Dubai) BRICS+ Summit (Kazan) Japarov visited Russia five times, and Kazakhstan four times, and made single trips to several European and Asian countries. In 2024, Tokayev and Japarov led the region in the number of foreign visits. While...

Long-Awaited Construction of China-Kyrgyzstan-Uzbekistan Railway Officially Launched

On December 27, Kyrgyzstan's President Sadyr Japarov, the Chairman of the National Development and Reform Commission of the People's Republic of China, Zheng Shanjie, and Uzbekistan’s Deputy Prime Minister Jamshid Khodjayev participated in a ceremony to mark the start of construction on the China-Kyrgyzstan-Uzbekistan railway. The event occurred in the village of Tosh-Kutchu in Kyrgyzstan’s Jalal-Abad region, where they laid the first stone for this significant regional transportation project. Speaking at the ceremony, President Japarov highlighted the importance of the China-Kyrgyzstan-Uzbekistan railway as more than just a transportation route, describing it as a critical strategic bridge linking the East and West. "This route will ensure the delivery of goods from China to Kyrgyzstan, as well as to the countries of Central Asia and the Middle East, including Turkey, and on to the European Union. The project will strengthen interregional ties, help diversify transport routes and increase the competitiveness of the region as an international transport and transit hub, which is in line with the goals of the Central Asian countries," Japarov said. Zheng Shanjie delivered a message from Chinese President Xi Jinping, highlighting that the new land corridor connecting Asia and Europe will significantly increase the flow of people and trade among the three countries. According to the message, the project is expected to drive regional prosperity by fostering industrial and resource development, boosting trade, and attracting investment. Uzbekistan's President Shavkat Mirziyoyev, in an address read by Deputy Prime Minister Khodjayev, called the launch of railway construction a historic milestone that the three nations had been working toward for nearly 30 years. The Uzbek leader noted that the new transportation artery, which will establish the shortest land route connecting Central Asia and China, will strengthen the strategic partnership between the three nations. The 523-kilometer railway will traverse Kashgar (China), Torugart, Makmal, Jalal-Abad (Kyrgyzstan), and Andijan (Uzbekistan). Once completed, the railway is expected to handle up to 15 million tons of cargo annually. Currently, neither Kyrgyzstan nor Uzbekistan has a direct railway connection to China. Central Asia’s rail link to China is limited to a route through Kazakhstan, leaving Kyrgyzstan and Uzbekistan without a direct connection.