• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10803 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10803 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10803 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10803 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10803 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10803 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10803 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10803 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%

Viewing results 37 - 42 of 705

Central Asia Faces an Arc of Instability to the South

Until a few weeks ago, looking south from Central Asia, observers of the region saw nothing but opportunities for connectivity. Admittedly, Iran on one side and the area between Afghanistan and Pakistan on the other have never been known for their stability. However, the current situation sees two serious conflicts on the southern border of Central Asia, which risk representing an arc of instability that will be difficult to overcome. While the global energy implications of the ongoing war in the Middle East, which began following the joint attack by the United States and Israel on Iran, are likely to be felt for months to come, the greatest risk for the Central Asian region is related to connectivity. This could also compromise significant efforts made in this regard by regional governments. Consider, for example, the recent trip to Pakistan by Kazakh President Kassym-Jomart Tokayev, which focused on the possibility of building a railway from Pakistani ports to Kazakh territory via Afghanistan and Turkmenistan. For much of the past decade, Central Asian governments have invested heavily in opening southern trade routes to global markets. Railways through Afghanistan, port access through Iran, and new logistics corridors to Pakistan were meant to reduce dependence on northern routes and expand the region’s economic options. The sudden emergence of conflicts along the southern frontier now raises questions about how secure those connections will be. The Times of Central Asia spoke with Peter Frankopan, author and Professor of Global History at Oxford University, about the potential implications of the two wars on Central Asia’s southern border. According to him, the main risk is not related to connectivity, but to contagion: “The key issue is about the safety of civilians and the protection of infrastructure in Central Asia,” he told TCA. “In times like these, nothing can be ruled out. With Iran lashing out at neighbors and realizing that attacks on oil, gas and more give it leverage, it is not hard to see what might come next. Second, of course, are threats to national economies. Wars create winners and losers. One can see a boom for some people in Central Asian states, but plenty of pressures, especially on inflation.” Indeed, the economic repercussions of the Middle East conflict are already being felt in the region, particularly in Turkmenistan, which maintains some of the closest trade ties with Iran and shares a long border with the country. Frankopan does not see any particular differences in terms of the danger to Central Asia posed by what is happening in Iran and between Pakistan and Afghanistan: “Clearly, instability in Afghanistan is an immediate concern, but it is not related to Iran and will have its own velocity and rhythms. But the risks of expanding violence and terrorism, of refugees, of narcotics and other illicit trafficking are real - and may well get worse.” Regarding connectivity, one of the topics that Central Asian governments pay the most attention to, according to Frankopan, the current situation should not be considered an...

Iran War Highlights Central Asia’s Vulnerable Southern Trade Corridors

The widening war centered on Iran is reverberating far beyond the Middle East, exposing a structural vulnerability in Central Asia’s economic geography: the region’s reliance on transport corridors that pass through or near Iran and the Persian Gulf. As fighting escalates and shipping risks spread across the region, insurers, shipping companies, and logistics firms are reassessing operations across the Gulf. War-risk insurance premiums have surged while some commercial carriers have scaled back bookings to parts of the region amid growing security concerns. Tensions around the Strait of Hormuz have already pushed shipping costs higher as governments and logistics firms weigh the risks of operating in one of the world’s most important maritime chokepoints. For Central Asia’s landlocked economies, the crisis highlights how much regional connectivity strategies still depend on southern access routes linking the region to global markets. The conflict has also edged closer to the transport routes linking Central Asia with Europe after what were alleged to be Iranian drone strikes on Azerbaijan’s Nakhchivan region, damaging facilities at the exclave’s airport and prompting diplomatic protests from Baku. While the strike did not directly disrupt trade corridors, it underscored how quickly the conflict could spill over into the South Caucasus, a key segment of the Middle Corridor. Nakhchivan is a landlocked Azerbaijani exclave bordering Iran and Turkey, separated from mainland Azerbaijan by Armenia, and lies at the frontier where Iranian territory meets the transport networks of the South Caucasus. The South Caucasus also hosts energy infrastructure with wider geopolitical significance. The Baku–Tbilisi–Ceyhan (BTC) pipeline transports mostly Azerbaijani crude through Georgia to the Turkish Mediterranean port of Ceyhan, from where it is shipped to global markets. In 2025, Azerbaijani oil accounted for 46.4% of Israel’s crude imports, most of it moving through this supply chain before being shipped onward by tanker. The pipeline also carries limited volumes of Kazakh crude - 2-3% of Kazakhstan’s overall exports - making it far more significant for Israel’s energy supply than for Kazakhstan’s export system. Iran’s armed forces have denied responsibility for the drone incident, instead accusing Israel of attempting to provoke tensions and disrupt relations between Muslim countries. The Geography of Connectivity Since independence, Central Asian governments have sought to overcome the constraints of geography. Landlocked and long dependent on Soviet-era transport networks running north through Russia, the region has spent three decades developing alternative corridors in multiple directions. Routes leading south have held particular appeal, offering the shortest overland access to ports on the Persian Gulf and the Indian Ocean. Iran sits at the heart of several connectivity initiatives designed to connect Central Asian rail networks to ports on the Persian Gulf and the Indian Ocean. The Ashgabat Agreement — a multimodal transport framework linking Iran, Oman, Turkmenistan, and Uzbekistan and designed to connect Central Asia with ports on the Persian Gulf and the Gulf of Oman — was created specifically to facilitate international trade and transit between Central Asia and global shipping routes. For countries such as Turkmenistan and Uzbekistan, rail routes...

Central Asia and Britain Launch CA5+UK Ministerial Track

On February 26, 2026, the foreign ministers of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan met in London with United Kingdom Foreign Secretary Yvette Cooper at Lancaster House for the inaugural “Central Asia–UK” (CA5+UK) ministerial. Official statements described it as the first time since independence that all five Central Asian foreign ministers have met jointly with a UK foreign secretary in a single forum. They also presented the meeting as the start of a structured ministerial channel, intended to convene regularly, that can carry regional priorities while leaving bilateral agendas in place. The United Kingdom is framing the new CA5+UK channel as a replacement for scattered bilateral visits: a single ministerial venue can set shared priorities and route them into investment and services work. For the five Central Asian states, it adds another external track, widening options without forcing institutional choices. Public statements point to a practical agenda focused on trade and investment, transport connectivity, energy transition, and critical minerals, with security present chiefly as background context. The enabling layer of finance, standards, education, and professional services is also included. How the London Program Unrolled On February 25, meetings took place at the British Parliament as part of the London schedule. The five ministers met with House of Commons Speaker Sir Lindsay Hoyle and held a session with the All-Party Parliamentary Group for Central Asia, chaired by Pam Cox.  The meetings in Parliament complemented the ministerial session at Lancaster House by widening contact beyond foreign ministries. The discussion emphasized committee-to-committee contacts, visits, and exchange of legislative practice as a complement to intergovernmental diplomacy. Parliamentary relationships and staff channels can carry attention between ministerial sessions, assisting with follow-up after cooperative contacts have been publicly established. They represent a second continuity layer: implementation often turns on routine access and working familiarity rather than on formal statements alone. Between the parliamentary program and the ministerial delegations, they also met with the United Kingdom business community at a reception in London. This was a practical companion to the new format, aiming at the conversion of diplomatic intent into projects that can be financed and executed. Kazakhstan’s Foreign Minister Yermek Kosherbayev cogently highlighted the Astana International Financial Centre (AIFC), which operates under English common law with an independent court and arbitration system and British judges in the AIFC Court. Beyond the plenary session, a ministerial working lunch provided a venue to follow up on such initiatives. Early deliverables were not multilateral but bilateral. Kazakhstan and the United Kingdom signed a strategic roadmap on critical minerals through 2027 and paired it with education moves, including a licensed Coventry University campus in Almaty and plans involving British secondary and higher education institutions. Uzbekistan reported a Memorandum of Understanding on healthcare services that it presented as a platform for building pharmaceutical manufacturing capacity, alongside separate discussions with investment and finance counterparts in London. Turkmenistan cited a 2026–2027 cooperation program between foreign ministries, and Tajikistan continued to emphasize investment and cooperation in science and education. CA5+UK Launches with Bilateral Packages...

Middle East Conflict Tests Central Asia’s Trade Routes and Energy Security

The escalating conflict between Iran, the United States, and their regional partners is raising economic concerns across Central Asia. Turkmenistan shares a long border with Iran, while other Central Asian economies depend on energy markets and trade routes that pass through or around the Persian Gulf. A wider conflict there could ripple across Central Asia through higher fuel prices, disrupted logistics, and pressure on key transport corridors. For countries such as Kyrgyzstan and Tajikistan, the most immediate risk is rising fuel prices. Both depend heavily on imported fuel. Kyrgyz security expert Taalaibek Jumadylov has warned that Kyrgyzstan could face rising prices for food, clothing, and other essential goods. For Tajikistan, the closure of the Strait of Hormuz would significantly increase import costs. Tajik media reports that trade between Tajikistan and Iran has grown rapidly over the past five years. Tajik-Iranian trade turnover increased from $377.7 million in 2024 to approximately $484 million in 2025, a rise of around 28%. Tajikistan’s exports totaled about $113 million, while imports from Iran exceeded $371 million, giving Iran a 4.5% share of Tajikistan’s total foreign trade turnover. If global oil prices rise significantly, Tajikistan could also face additional pressure on its budget. There are indirect risks as well: a slowdown in the economies of Russia, China, or other major partners could affect Tajikistan through trade, investment flows, and remittances. In Uzbekistan, analysts note that in recent years Iran has actively pursued transport diplomacy with Central Asia, seeking to strengthen its position as a regional logistics hub. Uzbek analyst Nargiza Umarova says this trend aligns with China’s Belt and Road Initiative. Iran and China signed a 25-year cooperation agreement in March 2021, a deal widely described as deepening Iran’s role in Belt and Road-linked connectivity. Kazakh economist Almas Chukin highlighted the logistical advantages of transport routes through Iran. “If we take the point where the Turkmenistan railway connects with Iran and the route to the Persian Gulf, it is about 1,200-1,500 kilometers. This is comparable to the distance from Astana to Almaty. Once you cover this distance, you reach the Persian Gulf and its major ports, where you can handle anything from oil transshipment to grain shipments. From there, sea transport to Rotterdam takes about three to four weeks,” he stated. Chukin added that such routes could simplify exports compared with transporting oil through Russia to Novorossiysk and then via the Black Sea, the Bosphorus Strait, and the Mediterranean. According to his estimates, a rail route to Europe through Iran would be about 3,500 kilometers from the Turkmen border. The economist suggested that if Iran’s political system changes and sanctions are lifted, Central Asia could benefit significantly. “This would be a huge shift for Central Asia: a region with a population of 80 million, abundant resources, and a young workforce, but constrained by geography, suddenly gaining direct access to global markets,” Chukin argued. Some analysts also point to emerging competition among regional transport corridors. In the South Caucasus, a proposed Zangezur corridor has been promoted...

Opinion: Islamic State Khorasan Province and the Strategic Risks for Central Asia

In modern Eurasia, threats are increasingly becoming part of the strategic environment. At times, they even turn into political instruments. When discussing terrorism, analysis usually focuses on the level of danger it poses. Far less attention is given to whether such threats are assumed to be manageable. The problem lies not only in the existence of radical groups, but also in the illusion that they can be controlled or used to serve someone’s strategic interests. Iranian analyst Nozar Shafiee, writing for the Tehran-based Institute for East Strategic Studies, describes ISKP as a decentralized and transnational network that can continue operating even after losing territorial control. This perspective is rarely discussed in public analysis of the region, which is precisely why it deserves attention. Islamic State Khorasan Province (ISKP), the Afghan branch of the Islamic State group operating in Afghanistan and Pakistan, with demonstrated intent for external operations, has long ceased to depend on localized footholds. Even after losing territorial control, the organization did not disappear. Instead, it transformed. Today, it functions as a flexible network of small cells. It no longer needs to control a city or province to remain dangerous. It relies on the internet for recruitment and propaganda, operates through autonomous groups, and conducts high-profile attacks designed to attract attention and create an atmosphere of instability. However, there is another aspect that receives far less attention. In the context of regional competition, there is sometimes a temptation to view such structures as potential proxy forces, instruments of pressure that could theoretically be restrained or directed in a desired direction. The logic is simple: as long as the threat is not directed at us, it can be treated as part of a broader geopolitical game. History, however, demonstrates that this is a dangerous illusion. Radical networks do not function as controllable instruments. They operate according to their own logic and eventually move beyond the limits within which they were meant to be contained. There are numerous historical examples in which support for radical groups as a temporary strategic tool has “backfired.” Organizations created or supported for tactical purposes eventually began acting autonomously and turned their weapons against their former patrons. As Western analysts often note, supporting proxies who do not share your ideological legitimacy inevitably carries the risk that they will eventually turn against you. This represents a key risk for neighboring regions. Unlike traditional conflicts, networked extremist structures are not confined to a single territory. Their influence spreads through digital platforms, ideological narratives, and transnational connections. Even if attempts to instrumentalize such groups occur far from the region’s borders, the consequences can still affect it directly. This discussion is particularly relevant for Central Asia. First, modern terrorism no longer depends on physically crossing borders. In the mid-2010s, several thousand individuals from Central Asian countries became involved in conflicts in Syria and Iraq. Recruitment did not take place primarily through physical training camps but through online networks. Geographic distance offered little protection. Second, ISKP propaganda materials are distributed in Central...

UK Expands Strategic Engagement in Central Asia Amid Growing Global Competition

The world’s largest economies have recently increased their focus on Central Asia. The United Kingdom, alongside the U.S., the European Union, and China, is seeking to strengthen partnerships in a region that was previously not among its top foreign policy priorities. Britain Replicates an Established Format Throughout the years of independence, Kazakhstan and its regional neighbors were often perceived as operating within Russia’s sphere of influence. The war in Ukraine and broader geopolitical shifts have altered international attitudes toward Central Asia. Major powers are now intensifying dialogue with the region, with particular emphasis on economic cooperation. At the end of February, foreign ministers met in London under the Central Asia-UK (CA5+1) format. Although this was the first meeting of its kind in the British capital, the format mirrors similar mechanisms already used by the U.S., the European Union, Russia, China, and Japan. Participants noted that the CA5+1 format has proven to be an effective mechanism for structured and substantive engagement with external partners. The regional agenda is addressed comprehensively, reflecting Central Asian priorities while creating additional opportunities to advance economic initiatives and implement joint projects. Particular attention has been paid to trade diversification, industrial cooperation, sustainable infrastructure development, and unlocking Central Asia’s potential in critical minerals and renewable energy. The meeting also covered economic growth prospects, key challenges facing Central Asian economies, and the expansion of trade and investment. Logistics was a central topic, including the development of the Trans-Caspian International Transport Route, widely known as the Middle Corridor. British Foreign Secretary Yvette Cooper emphasized the strategic importance of Central Asia as a dynamically developing region characterized by sustained economic growth, expanding regional cooperation, and a growing role in international affairs. According to the British participants, the region’s countries are pursuing a pragmatic approach, strengthening connectivity and expanding their participation in shaping a modern architecture of economic and political cooperation. Education and Finance Interest in British education continues to grow across all five Central Asian countries. Four branches of British universities are operating in Kazakhstan, and nearly 6,000 students have earned British degrees through the Bolashak international scholarship program. Uzbekistan and Kyrgyzstan have announced plans to establish international financial centers modeled on the Astana International Financial Centre in Kazakhstan. British Ambassador to Uzbekistan Timothy Smart said that work is underway to create an international financial center in Tashkent based on international arbitration standards. Like the Astana model, the new center will operate under English common law. British Ambassador to Kyrgyzstan Nicholas Bowler highlighted London’s role in assisting with legislation for the International Dispute Resolution Center, which will operate under English law and be located in the Issyk-Kul region. Greater participation by Central Asian companies on the London Stock Exchange is also anticipated. Logistics and Resources British diplomats have placed particular emphasis on cooperation in critical minerals, a priority within the United Kingdom’s global strategy. Projects are underway across the region, accompanied by new agreements and industrial partnerships. Agreements have reportedly been reached between the Kazakh producer Zhezkazganredmet and the British...