Kyrgyzstan Opinions - The Times Of Central Asia

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CAMCA

Opinion: CAMCA: From Regional Connectivity to Cross-Border Innovation

What would it take for a fintech company that succeeds in one CAMCA country to enter another without starting from zero? That question guided a roundtable on the next digital Silk Road at the CAMCA Regional Forum in Baku. The discussion brought together leaders in financial services, investment, and technology from a region spanning Central Asia, the Caucasus, Mongolia, and Afghanistan. As moderator, I wanted to move beyond the broad ambition of regional connectivity and examine what companies need to operate across borders: working payment systems, partnerships, regulatory clarity, and a path to their first customer in a new market. The panel featured Tughra Musayeva, Head of Innovations at PASHA Financial Holding; Jenny Jenish kyzy, Product Owner at MBank Junior and a CAMCA Network member from Kyrgyzstan; Muna Shukurova, Managing Director of Alif in Uzbekistan and a CAMCA Network member from Tajikistan; and Jonathan Low, Founder and Group CEO of Ampyre Group and Biptap. A central theme was financial infrastructure. The speakers explored the potential for pilots using existing platforms to connect CAMCA markets, including cross-border payments, business settlements, digital wallets, and new settlement technologies. Such pilots would require regulators and private companies to work together on defined problems and learn from results. Mr. Low argued that the region has an opportunity to make deliberate choices about the systems it wants to build: “Most regions overregulate before they even know what they're building. CAMCA has an advantage here, it can watch Europe's and ASEAN’s fintech buildout and skip the mistakes instead of repeating them and learn what works. But that only works if you decide what you want first. Regulation should follow the vision, not replace it. And the tool that actually unifies a region this spread out is banking orchestration, new technology stitching fragmented markets into one functioning system.” Expansion also raises a practical question for companies already active in more than one market: which capabilities can travel, and which parts of a product must change? Requirements for licensing, identity checks, anti-money-laundering controls, infrastructure, and consumer behavior differ across countries. Ms Shukurova drew on Alif’s experience of entering other CAMCA markets: “Regional expansion is not a copy-paste exercise. You can replicate technology, risk expertise and operating capabilities, but the product still has to be built around local regulation, infrastructure and customer behavior. The core can travel; the market fit has to be local.” The panel then turned to the role of established financial groups. For a startup, a successful pilot can demonstrate that a solution works. It becomes more valuable when that result helps the company find a partner or customer in its next market. Corporate networks and regional investors can help make that step less costly. Ms Musayeva described the gap between proving a product and expanding it: “In our region, a startup does not scale simply because its technology is scalable. It scales when the ecosystem reduces the cost of entering the next market. Today, a founder who has proven a solution in Tashkent still arrives in...

CAMCA

Opinion: Central Asia’s Wider Future: The CAMCA Network Brings Regional Cooperation to Baku

Central Asia is helping shape a wider regional agenda, one that connects trade and investment with technology, education, and security. In Baku, the CAMCA Regional Forum is bringing together the people who can carry that agenda forward, with the CAMCA Network helping turn shared interests into opportunities for cooperation. Taking place on October 1–2 at the Fairmont Baku Flame Towers, the 2026 CAMCA Regional Forum convenes policymakers, business leaders, investors, educators, researchers, and entrepreneurs under the theme “The World and CAMCA: A Region at the Crossroads.” Its central question is how regional cooperation can expand economic opportunities and strengthen the capacity of countries and communities to shape their future. The CAMCA Network helps shape this conversation. As a co-founder and co-organizer of the forum, it connects professionals across Central Asia, Mongolia, the Caucasus, and Afghanistan. Its members contribute expertise, lead discussions, and bring the experience of working in the region into the program. They also give the forum continuity: relationships strengthened in Baku can support collaboration long after the gathering concludes. For Central Asia, that wider community matters. The five countries have distinct economic structures, resources, and international relationships. Cooperation must reflect those differences while identifying where shared effort can expand their choices. Connections with the Caucasus, Mongolia, and Afghanistan offer different opportunities and challenges, each deserving a place in the regional conversation. The CAMCA Regional Forum’s discussions of global shifts through 2030 and greater Central Asia–Caucasus convergence address this strategic landscape. “From C5 to a Wider Framework” asks how a broader geography of cooperation might serve the region’s interests. The underlying issue is the ability of countries to shape their own decisions: how working with neighbors can strengthen their options in a changing international environment. Economic connectivity provides a concrete test. Routes across the Caspian and through the Caucasus can help Central Asian countries reach additional markets and partners. Their value depends on dependable transport, workable procedures, and institutions able to coordinate across borders. Businesses need enough certainty to invest, plan, and build lasting commercial relationships. Today’s discussion on connecting CAMCA to the world brings these questions together. For Central Asia, the opportunity extends beyond moving goods through the region. Better connections can support production, logistics, services, and investment within it. The strategic objective is to create more value locally and give regional enterprises a stronger place in wider markets. The forum’s paired sessions on public policy and the private sector approach that objective from complementary directions. Governments influence the conditions under which companies operate. Businesses decide where to commit capital, develop products, and employ people. Bringing these perspectives together helps clarify which barriers require public action and where commercial initiative can move cooperation forward. Technology adds another dimension. The discussion of artificial intelligence asks where CAMCA fits in a rapidly changing global economy. The Digital Silk Road roundtable connects that question with financial services and innovation. For entrepreneurs in Central Asia, digital connections can open access to customers, payments, financing, and partners across borders. The investment and entrepreneurship...

Central Asia-U.S. Relations

Opinion: Central Asia Is More Than Minerals

For years, Central Asia was one of those regions that Washington periodically rediscovered and then forgot. Officials visited and announced new initiatives, but the relationship hardly changed. That is no longer the case. Many pundits see the current surge of American interest in Central Asia through the lens of transactional foreign policy: nowadays the focus has been on critical minerals, supply-chain security, and competition with China. Valid so far as it goes, this approach misses the larger story. Central Asia is not suddenly important because of its minerals or because Washington has decided that it is. Increasingly, Washington must pay attention to Central Asia because the region itself is changing, and in largely positive directions. Over three decades, American investors largely dismissed the region as too poorly governed and too distant. Now the region itself is working to change the conditions that made it unattractive. The transformation is far from complete, but it is real. When the Central Asian states emerged from the Soviet Union in 1991, they faced grave disadvantages. State enterprises dominated their economies, and they fell short of Western investors’ expectations in both the rule of law and transparency. While such problems have not disappeared, they are everywhere being worked on. Uzbekistan provides the clearest example. Since 2017, Tashkent has undertaken reforms to liberalize its economy and improve the environment for private investment. The World Bank now describes Uzbekistan as one of the world's top reformers. Kazakhstan has also built more sophisticated financial and regulatory institutions. Its goal is to position itself as a regional hub for logistics, energy, and finance. The World Bank's new 2026–31 country strategy emphasizes a "business-ready Kazakhstan," with greater private-sector participation, improved infrastructure, and better natural-resource management. The pace of change in Kyrgyzstan, Tajikistan, and Turkmenistan has been slower, for understandable reasons. Kyrgyzstan’s early political reforms long left the government rudderless, Tajikistan endured a five-year civil war, and Turkmenistan was stymied by Russia’s total control of its gas industry. Now these countries, too, are belatedly advancing. Central Asia has not become Switzerland. Corruption, political interference, and governance problems still afflict the countries’ economies, and the OECD continues to identify these as important obstacles to investment. The question is not whether Central Asia has solved these problems but whether it has changed enough to become investable. The answer increasingly is yes, it has. Moscow's offensive in Ukraine accelerated changes Washington had sought for decades. Secondary sanctions compelled Central Asians to develop new commercial avenues not subject to international restrictions. While Central Asian governments maintain important relations with Russia, they all seek pragmatic alternatives that reduce their former reliance on Moscow. The countries are expanding regional cooperation while reaching across the Caspian to the South Caucasus and beyond. The resulting Middle Corridor promises direct access to global markets. The measure of its success will be whether Kazakhstan and Turkmenistan gain trans-Caspian pipelines to transport their resources directly to Europe. In short, Central Asia is doing what Washington has long wanted it to do: become more...

CKU Railway

Opinion: China-Kyrgyzstan-Uzbekistan Railway Opens New Options Beyond Europe

The China-Kyrgyzstan-Uzbekistan railway is often presented as a new route to Europe, but its first benefits are likely to be felt closer to home. It could give Central Asian shippers more choice and governments more room to negotiate transport costs, even where sanctions restrict access to European markets. Excavation of the 209.6-meter Kosh-Dobo North No. 2 tunnel was completed on August 5. Work is also underway on other tunnels along Kyrgyzstan’s mountainous section of the railway. CKU is advancing as falling Caspian water levels make the Middle Corridor more expensive to maintain. That could increase demand for alternative routes, although each comes with its own costs and restrictions. Kyrgyz officials have high expectations. Deputy Prime Minister Edil Baisalov told TCA that “this railroad will virtually transform Kyrgyzstan.” Fulfilling that ambition will require the country to earn more than transit fees. Much depends on Makmal, where a transshipment station and possible logistics center are planned. The Torugart-Makmal section will use the Chinese standard gauge of 1,435 mm, while the Makmal-Jalal-Abad section will use the 1,520 mm gauge common across the post-Soviet rail system. Changing gauge adds time and expense as cargo moves between trains. The planned station will handle transfers between the two systems, as well as cargo sorting and train assembly, operations which could support local logistics businesses, provided there is enough traffic. Warehousing and customs services would give Kyrgyzstan a chance to earn more from that traffic. Whether Makmal develops into a wider logistics hub will depend on the services available and their cost to shippers. The mountainous terrain makes the line expensive and slow to build. It also limits the options for competing routes through the Tien Shan. That may strengthen Kyrgyzstan’s negotiating position, but only if the railway offers a reliable service at competitive rates. The trans-Caspian Middle Corridor avoids Russia and Iran, making it more attractive to European companies concerned about sanctions. Yet, as TCA has reported, falling Caspian water levels are raising the cost of the route through Aktau and Kuryk. Low sea levels around Aktau and Kuryk reduce loading efficiency and increase transport costs. Kazakhstan has dredged Kuryk and launched deeper work at Aktau, aiming for a 7.7-meter depth in the operational part of the port. The Caspian route remains workable, but maintaining it requires continuing investment. If those costs rise, shippers will have more reason to compare alternatives. There are also delays to address. In a recent TCA interview, the TITR secretary general stressed the need to speed up the route and ease Caspian bottlenecks as freight volumes grow. A southern route could avoid Caspian transshipment. From Uzbekistan, cargo can move through Turkmenistan and Iran to Turkey. Uzbek, Iranian, and Turkish officials have already discussed linking this corridor with the CKU railway. Some freight already travels south on existing lines. In September, a 55-container block train was dispatched from Kazakhstan’s Altynkol station after crossing from China. Its announced route ran through Uzbekistan and Turkmenistan to Iran via the Sarakhs border station. It carried...

Water Security

Opinion: Chinese Firms Expand Their Role in Kyrgyzstan’s Water Infrastructure

Kyrgyzstan plays a central role in Central Asia’s water system and is of growing interest to China. According to figures cited by President Sadyr Japarov in April 2026, approximately 50 billion cubic meters of surface runoff are generated annually within the country. About 12 billion cubic meters are used domestically, while around 7 billion, or 14% of the total, flow to China. Kyrgyzstan has five main water-management basins. The Issyk-Kul–Tarim management area includes both the closed Issyk-Kul basin and rivers flowing toward China, making its transboundary component a distinct area of bilateral cooperation. The Aksu River, which originates in Kyrgyzstan and feeds the Tarim River in China’s Xinjiang Uyghur Autonomous Region, is particularly important. Estimates put its contribution at 70–80% of the Tarim’s flow. Given Xinjiang’s importance to China’s domestic stability and the Belt and Road Initiative, these shared waters have economic and long-term geopolitical significance for Beijing. Legal and Regional Context Kyrgyzstan and China established a strategic partnership in 2013, but no publicly available bilateral agreement specifically governs the allocation and management of their shared waters. Neither country is a party to the 1992 UNECE Convention on the Protection and Use of Transboundary Watercourses and International Lakes or the 1997 UN Convention on the Law of Non-navigational Uses of International Watercourses. The significant asymmetry in the countries’ economic and negotiating capacities makes the absence of a dedicated water-sharing framework a potential source of vulnerability for Kyrgyzstan. Its importance could grow as water stress intensifies and economic activity in the shared basins expands. For Central Asia, China’s involvement has broader implications. Kyrgyzstan is an upstream country whose rivers supply its downstream neighbors. Chinese participation in water infrastructure adds another external actor to a sector that has historically been one of the most sensitive areas in regional relations. The Changing Nature of China’s Presence China’s involvement in Kyrgyzstan’s water sector includes bilateral assistance for irrigation as well as construction contracts financed by multilateral institutions. These channels coexist, making it important to distinguish Chinese funding from work undertaken by Chinese companies. Kyrgyzstan’s chronic electricity shortage and need to modernize its water and energy infrastructure have created opportunities for greater Chinese involvement. The upgrading of bilateral relations to a comprehensive strategic partnership in the new era in 2023 provided an additional political framework, with hydropower identified as a priority for practical cooperation. Agreements totaling more than $1 billion were signed at the Kyrgyz-Chinese business forum in Urumqi in August 2023, underscoring the broader expansion of economic ties. Chinese companies are also winning contracts funded by international financial institutions. In September 2025, a Sinohydro Bureau 16–Sinohydro joint venture signed a contract for water-conveyance structures and the powerhouse for the second generating unit at Kambarata-2, financed by the Eurasian Fund for Stabilization and Development. The tender had been launched in 2024. The Asian Development Bank lists a $12.8 million contract dated July 2025 for an Issyk-Kul wastewater treatment plant, awarded to a joint venture involving China Road and Bridge Corporation. That contract includes three years...

Learning Korean

The Language Gap: Why the Korean Language Is Outpacing Japanese in Kazakhstan and Uzbekistan

Two weeks ago, Kazakhstan officially joined South Korea’s Employment Permit System (EPS), becoming the 18th country admitted to the program. Even before the change, thousands of Kazakhstani nationals were working in South Korea, many without legal status. Kazakhstani authorities estimated the total at around 15,000 in 2025, including 11,000 without legal documentation. To work legally in South Korea under the EPS, applicants must pass the EPS-TOPIK, a standardized Korean-language test. In this context, learning Korean has become a direct route to better-paid work for many young people in Kazakhstan. Japan, however, has generated no comparable rush. A Widening Gap, By the Numbers The contrast is also evident in language-learning trends. In 2022, Jang Ho-jong, a professor at the Kazakh Ablai Khan University of International Relations and World Languages, told The Korea Times that Korean ranked alongside English and Chinese among Kazakhstan’s three most popular foreign languages and was taught at 15 to 20 universities. About 400 students were taking Korean courses at his university, compared with just three or four when the program opened 20 years earlier. South Korea has also expanded teaching and testing infrastructure. In July 2026, the King Sejong Institute at Akhmet Baitursynuly Kostanay Regional University became Kazakhstan’s first official center for the Sejong Korean Language Assessment (SKA), allowing candidates to take the exam without traveling abroad. Official enrollment data from the King Sejong Institute Foundation show that 1,320 students were enrolled at its institutes in Kazakhstan in 2025, down slightly from 1,481 in 2024. The picture is very different for Japanese. The Japan Foundation counted 581 learners across eight institutions in Kazakhstan in 2024, compared with 1,569 learners in 2006. In Uzbekistan, Korean-language education has expanded even faster. The country recorded the largest increase worldwide in 2025, adding 68 schools offering Korean classes. Sri Lanka placed second with 43. Enrollment at King Sejong institutes in Uzbekistan rose from 1,873 in 2021 to 7,931 in 2024. It eased to 6,308 in 2025, according to the same official dataset. Japanese-language study has also grown in Uzbekistan, but more slowly. The same Japan Foundation survey counted 4,201 learners across 19 institutions in 2024, up from 3,579 at 18 institutions in 2021. Although the two datasets cover different types of institutions, the nationwide Japanese total remained below enrollment in Uzbekistan’s King Sejong network that year. A More Complicated Picture Next Door Across the rest of Central Asia, however, the comparison is less clear-cut. The Japan Foundation’s 2024 regional survey recorded 1,708 Japanese-language learners at 14 institutions in Kyrgyzstan, taught by 50 teachers. That was almost three times Kazakhstan’s total, even though Kyrgyzstan’s population is roughly one-third as large. Among the learners in Kyrgyzstan, 411 were in primary or secondary education. A 2020 account by a Japan Foundation specialist described young people learning through anime and the internet, while Japan International Cooperation Agency volunteers introduced Japanese in rural schools. Some later traveled to Bishkek for more formal study. This points to demand developing from the ground up alongside institutional support. Korean-language...