• KGS/USD = 0.01185 0.85%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09394 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01185 0.85%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09394 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01185 0.85%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09394 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01185 0.85%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09394 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01185 0.85%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09394 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01185 0.85%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09394 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01185 0.85%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09394 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01185 0.85%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.09394 0%
  • UZS/USD = 0.00008 0%

Viewing results 7 - 12 of 430

Uzbekistan Sends Aid to Kyrgyzstan After Osh Region Floods

Following heavy flooding in Kyrgyzstan's Osh region on July 14, people in Uzbekistan's nearby Andijan region have sent 200 tons humanitarian aid to the people affected. The aid received in Osh includes household goods, construction materials, clothes and food. The flood resulted from torrential rains in the surrounding mountains and hills. Kyrgyzstan has suffered more than usual from extreme weather this summer. Last month nine people were killed by another flood in the Osh region.

English Courses for Labor Migrants Open in Kyrgyzstan

Free English language courses have been opened in Bishkek and Osh for citizens wishing to work seasonal jobs in the UK. According to the Center for Employment of Citizens Abroad, free English language training will be provided to citizens who have previously worked in the UK and plan to return as seasonal workers. The classes will start on August 1 and last two and a half months. "The purpose of the course is to improve your level of English so you can have a more comfortable stay in the UK. If you enroll in the course, you are committing to take (the course) from start to finish," the Center's website says. Students will learn grammar, vocabulary, and pronunciation. However, these courses are not prerequisites for selection into the seasonal worker program. On the organization's website, migrants can fill out a form that requires their data and information about their previous work experience. Earlier this year, the Ministry of Labor, Social Security, and Migration of Kyrgyzstan opened online registration for Kyrgyz citizens seeking seasonal work in the UK. In one day, over 26,000 people registered on the migrant.kg portal. This year's quota for seasonal work in England is at most 10,000 people.

EDB Forecasts Slowdown in Kyrgyzstan’s Economic Growth

Analysts from the Eurasian Development Bank (EDB) have updated the bank's economic forecast for Kyrgyzstan. Despite high performance in the first half of the year, the country's GDP growth may slow in the second half of this year. In the first six months of this year, the growth of the Kyrgyz economy remained at 8.1%. The majority of this growth was due to domestic trade and the construction sector (50%). However, industrial production dynamics remained restrained (0.9%) against a background of declining production in extractive industries and zero growth in manufacturing output. At the same time, production in agriculture increased by 3.3%. According to the EDB analysts, "Despite the strong performance during the first half of the year, we believe that GDP growth will slow down in the second half of 2024. The pace of consumer lending in the current year is lower than in the previous year." They also noted that real wages in the first quarter of 2024 grew by 5.3%, compared to 24% the previous year. "These factors will restrain consumer activity, which will be reflected in a slowdown in GDP growth to 5.5% by the end of this year," the EDB forecast reads.

Henley Passport Index 2024: Kazakhstan Again the Strongest Central Asian Passport

This year's Henley Passport Index, a ranking that shows how many countries citizens of each country can visit without a visa, has been announced. The rating is compiled using information from the International Air Transport Association. It covers 199 passports and 227 countries. The Singaporean passport again takes first place in the rating. Singaporean citizens can visit 195 countries without a visa. In joint second place, able to freely enter 194 countries, are passport holders from France, Germany, Italy, Japan and Spain. Kazakhstan ranks 67th in this year's Index: holders of a Kazakhstani passport can enter 79 countries without a visa. Next in Central Asia is Kyrgyzstan, in 78th place, whose citizens can freely visit 65 countries. Uzbekistan is 79th in the ranking (64 countries), Tajikistan is 82nd (60), and Turkmenistan is 90th (52) The world's weakest passport is the Afghan passport. Citizens of Afghanistan can only visit 28 countries without a visa.

The State of Civil Aviation in Central Asia Post-Pandemic and Amid Russia Sanctions

The pandemic of 2020-21 took a toll on civil aviation worldwide, and Central Asia was no exception. However, since then and post-February 2022, the region’s leading economies - Kazakhstan and Uzbekistan - have improved passenger air transport through low-cost carriers and made themselves more attractive for air cargo. In addition, Russia is steadily exiting the market due to sanctions, whilst Beijing is looking to fill the void. Air cargo: Kazakhstan and Uzbekistan Less than a month ago, the Silk Road in the Sky—Kazakhstan Cargo Hub regional forum on cargo transportation and logistics took place. It was held under the auspices of the International Air Cargo Association (TIACA) with the support of Kazakhstan’s Ministry of Transport and the country’s Aviation Administration. The forum hosted talks between various organizations, with documents signed between Astana, Karaganda, and Aktobe airports with MNG Airlines, MSC Air Cargo, Coyne Airways, and Alpha Sky (Kazakhstan). Memorandums of cooperation were also concluded between TIACA and the airports of Aktau, Aktobe, Astana, Karaganda, Uralsk, and SCAT Airlines, as well as between TIACA and the Joint Authorities for Rulemaking on Unmanned Systems (JARUS). More than 300 participants from 30 countries attended the forum, representing organizations across the freight transport chain, including shippers, forwarders, ground service providers, airports, airlines, manufacturers, and IT service providers. According to the Civil Aviation Committee under Kazakhstan’s Ministry of Industry and Infrastructure, the cooperation of local companies with the international community, as well as their use of advanced technologies, is expected to boost Kazakhstan’s trade with the other countries of Central Asia by 2.4 times – from $6.3 billion to $15.0 billion – amid a $560 million increase in Kazakhstani exports. The Government of Uzbekistan, meanwhile, began looking into the idea of making the country a regional transshipment hub back in September 2022, when Central Asia was seeing an influx of emigrants from Russia, especially Russian men fleeing mobilization. The lion's share of Uzbekistan Airways cargo traffic represents China-Europe deliveries transiting through Uzbekistan. For these deliveries, the company has operated routes such as Tianjin–Athens, Hong Kong–Amsterdam, and Shenzhen–Chalons-Vatry (Paris), with plans to increase freight volumes with the routes Tashkent–Guangzhou–Tashkent (currently being implemented), Tashkent–Lahore–Tashkent (to be launched in 2025-26), Tashkent–Xi'an–Tashkent (launch scheduled for this year), Tashkent–Chengdu–Tashkent (planned for 2026), and Tashkent–Dhaka–Tashkent (to be launched in 2027). Foreign players have shown increased interest in Uzbekistan’s transit potential, as well. For example, Poland’s SkyTaxi has launched cargo transportation from China through Uzbekistan to Europe. The first plane landed in Tashkent back on June 11, 2022. Indeed, Tashkent Airport has gained importance as a transfer point for technical stops and refueling. On July 7, 2022, Azerbaijan’s Silk Way West cargo carrier made its maiden flight on the Baku–Navoi–Hong Kong route. The company delivers goods from Europe to Asia, as well as from the U.S. to Africa. In 2020, an open skies policy was introduced across all regions of Uzbekistan, giving international airlines access to the country’s airports and ground services. Meanwhile, Kazakhstan’s open skies policy was extended last year until...

World Bank to Provide Additional Support for Kambarata-1 Hydropower Project in Kyrgyzstan

The World Bank announced on July 11 that its Board of Executive Directors has approved $13.6 million in additional financing for the Kambarata-1 Hydropower Plant (HPP) Project in Kyrgyzstan. This additional funding will supplement the ongoing $5 million Technical Assistance Fund. The World Bank is aiming to support the government of the Kyrgyz Republic in preparing the Kambarata-1 HPP project in an environmentally, technically, financially, and commercially sustainable manner. Hugh Riddell, World Bank’s Country Manager for the Kyrgyz Republic, commented: “The World Bank is assisting the Kyrgyz Republic in developing its vast clean energy potential, which would be key to realizing the country’s and region’s bold initiatives on clean energy transition and enhanced regional cooperation on energy and water. World Bank support will help the government of the Kyrgyz Republic to comprehensively prepare the Kambarata-1 HPP Project in a sustainable and bankable way.” The ongoing Technical Assistance for the Kambarata-1 Hydropower Plant Project has made significant progress since its approval in the fall of 2023. The project feasibility update has commenced, and environmental and social reports are being prepared. In addition, a Donor Coordination Committee was established during the International Energy Investment Forum held in Vienna in June 2024. This additional financing is needed to ensure comprehensive and in-depth implementation of several critical activities, including establishing panels of experts on dam safety, environmental, and social concerns. The funding will also help in designing a benefit-sharing plan, structuring the project’s financing plan and commercial framework, and establishing a company to run the dam upon its completion. The additional financing is to be provided on highly concessional terms and comprises $11 million of credit at zero percent interest, with repayments eased over 50 years and a 10-year grace period. In addition to this credit, there is a $2.6 million grant from the Central Asia Water and Energy Program (CAWEP), which requires no repayment. The CAWEP is a multi-donor partnership between the World Bank, the European Union, Switzerland, and the United Kingdom, which is aimed at strengthening regional cooperation on water and energy security in Central Asia, which is facing  a climate emergency. The Donor Coordination Committee for the construction of Kambarata-1 HPP was established at the Kyrgyz Republic International Energy Investment Forum, which was held in Vienna on June 10. The Committee comprises major international financial institutions and development partners, including the World Bank, the OPEC Fund, the Asian Development Bank, the Asian Infrastructure Investment Bank, the Islamic Development Bank, and the European Bank for Reconstruction and Development. Speaking at the Vienna forum, Chairman of the Cabinet of Ministers of the Kyrgyz Republic Akylbek Japarov said that the Kambarata-1 HPP project has broad economic, environmental, and social benefits and prospects for both Kyrgyzstan and the rest of Central Asia. The project will provide Kyrgyzstan and Central Asia with clean energy at the lowest possible cost. The Kambarata-1 HPP will be situated in the upper reaches of the Naryn River in Kyrgyzstan. Its installed capacity will be 1,860 megawatts, and its average annual...