• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10784 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10784 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10784 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10784 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10784 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10784 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10784 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10784 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%

Viewing results 7 - 12 of 438

Washington Links TRIPP and Jackson-Vanik Repeal in Push Toward Central Asia

A notable strategic shift is taking place in U.S. foreign policy, one that could have a long-term impact on the economic architecture of Eurasia. After decades in which Central Asia and the South Caucasus were viewed largely through the lens of security, counterterrorism, and competition with Russia and China, Washington is increasingly emphasizing trade, investment, transport routes, and access to critical minerals. One of the clearest signs of this shift came during a recent hearing before the U.S. Senate Foreign Relations Committee, where Senator Steve Daines and Secretary of State Marco Rubio discussed the implementation of the U.S.-backed Trump Route for International Peace and Prosperity (TRIPP) framework, as well as the need to remove the outdated Jackson-Vanik trade restrictions. At first glance, these may appear to be separate issues: the peace process in the South Caucasus and Cold War-era trade legislation. In reality, however, they are closely connected. Together, they point to a broader U.S. effort to link Central Asia, the South Caucasus, and Western markets through trade, transport, and investment. In recent years, Republican Senator Steve Daines of Montana has emerged as one of the most active advocates of expanding America’s presence in Central Asia. As co-chair of the Senate Central Asia Caucus and one of the leading proponents of legislative efforts to repeal Jackson-Vanik restrictions, Daines has consistently argued for stronger trade and investment ties between the United States and the countries of the region. During the hearing, Daines placed particular emphasis on the importance of the Armenia-Azerbaijan peace process, describing it as one of the most underappreciated diplomatic efforts of recent years. According to the senator, resolving the conflict could open the door to a large-scale economic transformation of the wider region. Particularly noteworthy was his reference to a geopolitical concept associated with former U.S. National Security Advisor Zbigniew Brzezinski. In Daines’ formulation, Central Asia represents the “bottle,” while Azerbaijan serves as its “cork.” Opening transport routes through the South Caucasus, he argued, would allow flows of oil, gas, critical minerals, and other resources to move toward Western markets rather than toward Russia, China, or Iran. Daines said this approach helped address some of the most difficult issues in the Armenia-Azerbaijan settlement process and laid the foundation for what he called a “landmark agreement” after nearly four decades of conflict. Secretary of State Marco Rubio described TRIPP as an initiative capable of fundamentally transforming Armenia’s economic role in the region. According to Rubio, the framework not only addresses the issue of transport access, which had long been a source of disagreement between Baku and Yerevan, but also creates an opportunity for Armenia to become a major trade and logistics hub connecting Europe and Asia. Rubio described TRIPP as central to the Armenia-Azerbaijan settlement framework, emphasizing that the project could generate substantial investment flows and attract U.S. companies to infrastructure and transport projects across the region. Washington’s argument is that trade, transit, investment, and infrastructure can give the political settlement a stronger economic base. Unlike many previous peace...

EAEU Leaders Meet in Astana Amid Growing Internal Trade Disputes

Astana is hosting Eurasian Economic Union events on May 28-29, with leaders arriving on Thursday and the main meeting of the Supreme Eurasian Economic Council scheduled for Friday, May 29. The first part of Thursday was dominated by President Kassym-Jomart Tokayev’s meeting with Russian President Vladimir Putin and his delegation during Putin’s state visit to Kazakhstan. At the Palace of Independence, Tokayev and Putin introduced their official delegations to each other during the Russian president’s state visit, while Russian presidential aide Yury Ushakov said the Supreme Eurasian Economic Council meeting would begin on Friday morning in narrow and expanded formats. The Supreme Eurasian Economic Council is the highest body of the Eurasian Economic Union, which came into force on January 1, 2015. Now more than a decade old, the bloc is facing deepening internal contradictions driven largely by external economic pressure on Russia, the Union’s core member. Some of those tensions are linked to the bloc’s expansion beyond its original Russia-Belarus-Kazakhstan core. To understand the current state of Eurasian integration, it is necessary to revisit its origins, particularly the role played by Kazakhstan and its first president, Nursultan Nazarbayev, who had sought to preserve a looser union among the Soviet republics as the USSR collapsed. As prime minister and later president of the Kazakh SSR, Nazarbayev understood the economic consequences that would follow the collapse of the integrated Soviet economic system, and how deeply Kazakhstan remained tied to Soviet-era supply chains, infrastructure, and decision-making structures centered in Moscow. Nazarbayev first publicly proposed the idea of Eurasian integration in 1994 during a lecture at Moscow State University. At the time, however, the administration of Russian President Boris Yeltsin showed little interest in the concept. That changed after Vladimir Putin came to power. In 2001, the Eurasian Economic Community, known as EurAsEC, was established, bringing together Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan. The founding agreement had been signed in Astana in October 2000. Uzbekistan joined EurAsEC in 2006, but suspended its membership only two years later. Meanwhile, Russia, Belarus, and Kazakhstan launched work in 2007 on creating a Customs Union, which officially came into existence in 2010. In the autumn of 2011, Putin announced plans to establish a Eurasian Economic Union based on a future Single Economic Space. Two years later, Nazarbayev proposed dissolving EurAsEC in connection with the planned creation of the EAEU by Russia, Kazakhstan, and Belarus. Kyrgyzstan, Tajikistan, and Armenia were invited to join the Customs Union. However, by 2014, when the treaty establishing the EAEU and dissolving EurAsEC was signed, neither Armenia nor Kyrgyzstan had initially been central to the Eurasian project. At that stage, much of the discussion revolved around the possible accession of Ukraine. Russian political commentator and current State Duma deputy Anatoly Wasserman devoted several books to the idea of integrating Ukraine into the Russia-Belarus-Kazakhstan project, including Ukraine and the Rest of Russia. Wasserman argued that Russia, Belarus, Kazakhstan, and Ukraine needed to move away from a raw-materials-based economic model by creating a unified market...

Opinion: Silk Seven or the OTS? Central Asia May Not Have to Choose

A new proposal circulating in Washington – the Silk Seven Plus (S7+) initiative – aims to reshape Central Asia by linking its five post-Soviet states with Afghanistan and Pakistan into an integrated economic region. Azerbaijan is also seen as a potential addition. The idea, advanced by the New Lines Institute for Strategy and Policy, is straightforward: connect landlocked Central Asia to the Black Sea and Arabian Sea through new trade corridors. On paper, the bloc looks compelling. The seven countries form a contiguous zone in the heart of Eurasia, potentially turning geography from a constraint to an advantage. “Central Asia needs an organization built by Central Asian states and for Central Asian states,” said Justin Burke, a resident senior fellow at the New Lines Institute, at a recent event in Washington. “If Central Asia can speak with one voice rather than five different voices, that will make it a more reliable investment destination.” There are signs of momentum. Kazakhstan’s President Kassym-Jomart Tokayev and Uzbekistan’s President Shavkat Mirziyoyev made back-to-back visits to Pakistan earlier this year, highlighting regional connectivity. Proponents argue that if Afghanistan stabilizes, the Silk Seven could become a formidable cluster. But that is a big “if.” It also raises a deeper question: why construct a new, geographically convenient bloc when an existing organization – the Organization of Turkic States (OTS)—already offers something deeper: shared language, history, and identity? While the Silk Seven spans broadly Muslim-majority countries, it is linguistically and culturally diverse. The grouping spans Turkic-speaking Central Asia, Persian-speaking Tajikistan, and Indo-Aryan Pakistan. ASEAN offers a cautionary example. Despite decades of cooperation, its religious, linguistic, and geopolitical diversity – combined with consensus-based decision-making – has often prevented it from speaking with one voice, particularly on China. In The Clash of Civilizations, Samuel Huntington wrote that when ASEAN was created in 1967 by Indonesia, Malaysia, the Philippines, Singapore, and Thailand, it was an organization of “one Sinic, one Buddhist, one Christian, and two Muslim member states.” Such multicivilizational regional organizations have limits, he said. The Silk Seven risks similar limitations. The OTS, by contrast, rests on a narrower but deeper foundation: its core members—Azerbaijan, Kazakhstan, Kyrgyzstan, Turkey, and Uzbekistan—share closely related languages and overlapping historical experiences. Tucked away in the eight-page document issued after the informal OTS summit earlier this month was a revealing signal of intent: clauses dedicated to cataloguing Turkic cultural heritage, promoting youth engagement through Khiva’s designation as the 2026 Youth Capital, and launching a “Turkic Heritage” digital platform. Together, they show that the OTS is actively building a shared cultural space. Yet even as members emphasize common heritage, differences remain over how far the organization should evolve politically. Kazakhstan’s President Kassym-Jomart Tokayev, the summit host, stressed in his remarks that “the Organization of Turkic States is neither a geopolitical project nor a military organization,” but rather “a unique platform” for cooperation across trade, technology, culture, and humanitarian ties. Azerbaijan’s President Ilham Aliyev struck a more ambitious note, saying that “the Turkic world must grow into one of the influential geopolitical centers of the 21st century,” and pledging...

China to Supply Tajikistan With Intelligence and Counterterrorism Equipment

China will provide Tajikistan with intelligence, police, and counterterrorism equipment worth more than $7.6 million under a grant assistance program approved by the two governments. The governments of the two countries signed the corresponding memorandum of understanding on May 8. The agreement provides for the transfer of equipment by China for the needs of Tajikistan’s Ministry of Internal Affairs. Under the terms of the deal, the Chinese side will deliver 34 intelligence devices along with additional police and counterterrorism equipment. The shipment is expected to enter Tajikistan through the Karasu border crossing. China will also dispatch eight specialists to Tajikistan to install and configure the equipment and train Tajik personnel. Their mission is expected to last 45 days. The total value of the equipment and services amounts to 52 million Chinese yuan, or approximately $7.64 million. All associated costs will be fully covered by the Chinese side. Tajikistan, for its part, has agreed to handle customs clearance, transportation and storage of the equipment once it arrives in the country. Authorities will also exempt the deliveries from taxes and customs duties and provide the necessary conditions for the Chinese specialists, including visas, accommodation, and security arrangements. A special working group will be established to coordinate with Chinese engineers during installation and personnel training. The document separately emphasizes that after delivery the two sides will jointly inspect the quality, quantity and technical specifications of the equipment before signing a formal acceptance certificate. Future operation and maintenance costs will then become the responsibility of the Tajik side. China remains one of Tajikistan’s largest strategic partners. Following President Emomali Rahmon’s recent state visit to China, Tajik officials said more than 80 cooperation documents were signed as a result of high-level talks and business meetings, while China’s Foreign Ministry referred separately to more than ten state-level cooperation documents. Earlier, Tajikistan’s parliament also approved an agreement under which China would finance the construction of nine border facilities along the Tajik-Afghan frontier. The new grant comes amid renewed scrutiny of China’s expanding role in Tajikistan’s security sector. Reports and speculation about a possible Chinese military facility in Gorno-Badakhshan have surfaced periodically, including in 2021 and again in 2024. However, Tajikistan’s Ministry of Internal Affairs and Ministry of Foreign Affairs have denied the existence of a Chinese military base on the country’s territory.

UN General Assembly Adopts Kyrgyzstan-Led Resolution on Border Disputes

On May 20, the United Nations General Assembly adopted by consensus a Kyrgyzstan-backed resolution titled “Peaceful Settlement of Border Disputes,” Kyrgyzstan’s Foreign Ministry announced. More than 40 countries co-sponsored the document. The resolution was presented by Kyrgyzstan jointly with Tajikistan and Uzbekistan. According to the ministry, the main purpose of the resolution is to share with the international community the historic achievement of the three Central Asian countries in resolving border disputes through peaceful means, including dialogue and negotiations, in accordance with the UN Charter and international law. The resolution proposes what Kyrgyz officials described as a simple and universal principle: when states face border disputes, the way forward should be peaceful, lawful, and based on dialogue. According to the ministry, the Central Asian achievements highlighted in the resolution offer the international community an example of good-neighborly relations and peaceful dispute resolution. The adoption of the resolution is another confirmation of the ability of Kyrgyzstan and its neighbors to peacefully resolve complex issues that had remained unsettled for decades, the ministry stated. Kyrgyzstan, Tajikistan, and Uzbekistan have recently resolved long-standing border delimitation disputes in the Ferghana Valley inherited after the collapse of the Soviet Union. During a summit in Khujand, northern Tajikistan, on March 31, 2025, Kyrgyzstan’s President Sadyr Japarov, Tajikistan’s President Emomali Rahmon, and Uzbekistan’s President Shavkat Mirziyoyev signed a historic agreement on the junction point of the three countries’ state borders, effectively ending decades-long territorial disputes. The three leaders also inaugurated the Friendship Stele, marking the exact point where the borders of the three countries meet. The monument symbolizes friendship among the three nations, the resolution of long-standing border issues, and a new stage of regional cooperation. The Times of Central Asia previously reported on Kyrgyzstan’s initiative to establish the Dostuk (Friendship) International Trade and Economic Park jointly with Tajikistan and Uzbekistan in the border area where the three countries meet. The proposed project is expected to increase cross-border trade, attract investment, and create new economic opportunities across the region.

Opinion: Middle Powers and the “Voice of the Region” – Is Central Asia Becoming a Coordinated Actor?

Against the backdrop of growing global fragmentation and the weakening of universal international institutions, the role of so-called middle powers is increasing. These are states able to influence regional agendas without possessing great-power status. In this changing system, Central Asia is gradually moving beyond its long-standing image as a geopolitical periphery and is beginning to act more like a region with shared interests. For decades, the region was viewed mainly as a space where the interests of external powers, including Russia, China, the U.S., and others, intersected. Today, that paradigm is beginning to shift. Central Asia is showing greater signs of agency through what may be described as a cluster effect: individually, the countries have limited influence, but collectively they form an important transit hub between Europe and Asia, a growing market, a significant resource base, and a strategic security zone. This creates the conditions for a more coordinated regional position, even if a single regional voice is still emerging rather than fully formed. C5+Azerbaijan as a Foundation for Regional Architecture The institutional foundation of this process is the Central Asian leaders' consultative format, which is now expanding through Azerbaijan's participation. That is turning what was once a C5 dialogue into a looser C5+Azerbaijan, or C6, framework focused on transport, energy, and practical cooperation. Within this framework, the countries of the region are learning to act in a more coordinated manner without supranational pressure. In practice, this process is developing through three main areas. The first is transport and logistics. Azerbaijan's participation has strengthened efforts to make the Middle Corridor more coherent, though the route still faces bottlenecks in capacity, customs coordination, and Caspian crossings. Through tariff coordination, simplified border procedures, and investment in port and rail infrastructure, Central Asia and the Caucasus are increasingly functioning as parts of a single transport artery. That gives the region a faster option for cargo between China and Europe, even if it remains far smaller than traditional maritime routes. Shipping goods via the Suez Canal or the northern route can take between 35 and 45 days, whereas the Middle Corridor can reduce transit times to around 13-21 days under favorable conditions. According to forecasts cited by BCG, shipping volumes along the route could increase three- to fourfold during the current decade. Beyond logistics, the project is creating a new economic framework for the region. Its status as a crossroads is attracting investment in transport hubs and manufacturing facilities along the route, with the potential to turn transit corridors into zones of economic growth. This gives participating countries not only transit revenue but a stronger basis for long-term strategic resilience. The second major area is energy integration, where historical disputes over water and fuel resources are increasingly being supplemented by models of joint development. The Kambarata HPP-1 hydropower project in Kyrgyzstan, being developed with Kazakhstan and Uzbekistan, has created an important precedent for shared management of water and energy interests. The project is expected to support cleaner electricity generation while helping stabilize irrigation flows...