• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10617 1.05%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10617 1.05%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10617 1.05%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10617 1.05%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10617 1.05%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10617 1.05%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10617 1.05%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10617 1.05%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%

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Organization of Turkic States Discusses Key Eurasian Energy Projects

At the 5th meeting of ministers responsible for energy within the Organization of Turkic States (OTS), held on December 10 in Istanbul, OTS Secretary General Kubanychbek Omuraliev outlined major joint energy initiatives underway among member states. Founded in 2009, the OTS comprises Azerbaijan, Kazakhstan, Kyrgyzstan, Turkey, Uzbekistan, and Turkmenistan. Hungary and Northern Cyprus participate as observer states. Omuraliev touched upon the following projects: Major oil and gas routes such as the Baku-Tbilisi-Ceyhan (BTC) oil pipeline, Baku-Tbilisi-Erzurum (BTE) gas pipeline, South Caucasus Pipeline, Trans-Anatolian Natural Gas Pipeline (TANAP), Trans Adriatic Pipeline (TAP), and the Iğdır-Nakhchivan gas pipeline; A strategic partnership between Azerbaijan, Kazakhstan, and Uzbekistan to develop and transmit green energy; The Azerbaijan-Georgia-Turkey-Bulgaria Green Energy Corridor, which extends the Central Asia-Azerbaijan corridor and opens new avenues for energy exports to Europe; Construction of the Kambarata-1 Hydropower Plant in Kyrgyzstan, a project jointly developed with Kazakhstan and Uzbekistan; and A planned Black Sea submarine cable to transmit renewable energy. Omuraliev emphasized that enhanced intra-OTS cooperation bolsters both the economic potential of member states and regional energy security. Ministers at the meeting noted the significant fossil fuel and clean energy resources held by OTS members and observers, describing the region as a strategic energy bridge between Asia and Europe. They stressed that advancing practical cooperation is essential amid growing global energy demand and the accelerating energy transition. Participants agreed to move forward with joint projects under the OTS framework, including the establishment of a Regional Center for Technologies and Green Initiatives. As previously reported by The Times of Central Asia, on December 5, the Board of Governors of the Turkic Investment Fund announced in Bishkek that the fund will begin operations in the first quarter of 2026. The Turkic Investment Fund is the first dedicated financial institution jointly established by OTS member states. Headquartered in Istanbul, its mandate is to promote economic cooperation, boost intra-regional trade, and support sustainable development by financing major joint initiatives across the region.

Ashgabat Hosts Forum Marking International Year of Peace and Trust

An international forum marking the 30th anniversary of Turkmenistan’s permanent neutrality has opened at the Maslahat Köşgi Palace in Ashgabat. The event has drawn high-level delegations and representatives of international organizations. Among those attending are President of Turkmenistan Serdar Berdimuhamedov, President of Russia Vladimir Putin, and the presidents of Turkey and Iran, Recep Tayyip Erdogan and Masoud Pezeshkian. The forum has also brought together the presidents of the Central Asian states, including President of Kazakhstan Kassym-Jomart Tokayev, President of Kyrgyzstan Sadyr Japarov, President of Uzbekistan Shavkat Mirziyoyev, and President of Tajikistan Emomali Rahmon. Other participants include Prime Minister of Pakistan Mian Muhammad Shehbaz Sharif, Prime Minister of Georgia Irakli Kobakhidze, and Prime Minister of Azerbaijan Ali Asadov, along with other heads of state and government. In his opening address, President Berdimuhamedov said neutrality has provided a strong foundation for Turkmenistan’s sustainable development. He noted that the country’s foreign policy is guided by principles of peace, trust, and mutual respect, and that Turkmenistan’s approach to neutrality reflects long-standing traditions of good neighborliness and harmony. The forum is being held as a broad international dialogue and is expected to open new opportunities for promoting global peace and expanding international cooperation. Ahead of the forum’s opening, President Berdimuhamedov and visiting foreign leaders took part in a ceremonial flower-laying at the Monument of Neutrality in Ashgabat as part of the official events commemorating the country’s neutral status. Turkmenistan’s permanent neutrality was formally recognized by a United Nations General Assembly resolution on December 12, 1995. In 2017, at Ashgabat’s initiative, the General Assembly designated December 12 as International Neutrality Day. In 2025, the United Nations declared the International Year of Peace and Trust. In this context, the Peace and Trust forum is being held on December 12 in Ashgabat with the participation of leaders from member states of the Organization of Turkic States.

Turkmenistan Marks 30 Years of Neutrality

On December 12, 2025, Turkmenistan marks the 30th anniversary of a UN decision granting Turkmenistan the status of a neutral country. Defining what “permanent neutrality” means for Turkmenistan is impossible, as it is a flexible term used to justify a range of policies, both domestic and foreign. This vague special status has not provided many benefits, but has helped Turkmenistan’s leadership isolate the country and create one of the most bizarre and repressive forms of government in the world today.   Last Item on the Day’s Agenda On Tuesday, December 12, 1995, the UN General Assembly’s (UNGA) 90th plenary meeting reconvened at 15:20 to consider items 57 to 81 on its agenda. Item 81 was the draft resolution on “permanent neutrality of Turkmenistan.” The UNGA president at that time, Freitas do Amaral, noted to the Assembly that the draft resolution “was adopted by the First Committee without a vote,” and asked if the Assembly wished “to do likewise.” The Assembly did, and after a few brief remarks about the next Assembly meeting on December 14, the session ended at 18:05. That is how the UN officially granted Turkmenistan the status of neutrality. A Great Event The passing of the resolution on Turkmenistan’s neutrality status might have been a case of going through the motions at the UN, but it was a huge event in Turkmenistan. Turkmenistan’s first president, Saparmurat Niyazov, had been campaigning internationally for his country to have “positive” neutrality status since 1992. After this was accomplished, Niyazov often proclaimed this special UN recognition as a great achievement for the country and for himself personally. [caption id="attachment_40725" align="aligncenter" width="2560"] Ashgabat’s Independence Square, previously known as Neutrality Square and originally as Karl Marx Square; image: TCA, Stephen M. Bland[/caption] December 12 was quickly announced as a national holiday. On the first anniversary of the UN decision in 1996, the former Karl Marx Square in Ashgabat was renamed “Neutrality Square.” Shortly after, an olive branch motif was added to Turkmenistan’s national flag, symbolizing the country’s neutral status. In 1998, on the third anniversary of UN-recognized neutrality, the 75-meter-high Arch of Neutrality was unveiled in Ashgabat. A 12-meter gold statue of Niyazov that rotated to face the direction of the sun crowned the structure. Niyazov died in December 2006, and in 2010, the Arch of Neutrality was moved from the city center to the outskirts of the Turkmen capital and unveiled again on December 12, 2011. It has been undergoing renovation and will be unveiled yet again on the 30th anniversary of neutrality. [caption id="attachment_40726" align="aligncenter" width="2099"] Former-President Niyazov's likeness atop the Arch of Neutrality; image: TCA, Stephen M. Bland[/caption] In 2002, Niyazov pushed through a law changing the names of the months of the year and days of the week. December became “Bitaraplyk,” the Turkmen word for neutrality, and continued to officially be called that until 2008, when Niyazov’s successor finally revoked the changes and restored the traditional names. That successor, Gurbanguly Berdimuhamedov, embraced the special permanent neutrality status and, in...

The Silk Visa Deadlock: The Long Road to a Borderless Central Asia

The year 2025 will likely be remembered as a milestone in Central Asian diplomacy. Regional leaders signed landmark agreements on water and energy cooperation and launched major investment projects. At high-level meetings, Central Asian presidents emphasized a new phase of deeper cooperation and greater unity, highlighting strategic partnership and shared development goals. But at ground level, at border crossings such as Korday between Kazakhstan and Kyrgyzstan, or the congested diversion routes replacing the closed Zhibek Zholy checkpoint, the picture is far less seamless. Long queues, heightened scrutiny, and bureaucratic delays remain the norm. While political rhetoric celebrates unity, the reality on the ground tells a different story. The region’s physical borders remain tightly controlled. A key symbol of unrealized integration is the stalled “Silk Visa” project, a proposed Central Asian version of the Schengen visa that would allow tourists to travel freely across the region. The project has made little headway, with experts suggesting that, beyond technical issues, deeper concerns, including economic disparities and security sensitivities, have played a role. Silk Visa: A Stalled Vision Launched in 2018 by Uzbekistan and Kazakhstan, the Silk Visa was envisioned as a game-changer for regional tourism and mobility. Under the scheme, tourists with a visa to one participating country could move freely across Central Asia, from Almaty to Samarkand and Bishkek. Seven years on, the project has yet to materialize. Official explanations point to the difficulty of integrating databases on “undesirable persons.” But as Uzbekistan’s Deputy Prime Minister acknowledged earlier this year, the delay stems from the need to harmonize security services and create a unified system. Experts also cite diverging visa policies and resistance from national security agencies unwilling to share sensitive data. As long as each country insists on determining independently whom to admit or blacklist, the Silk Visa will remain more aspiration than policy. Economic Imbalance: The Silent Barrier The most significant, albeit rarely acknowledged, hurdle to regional openness is economic inequality. Kazakhstan’s GDP per capita, at over $14,000, is significantly higher than that of Uzbekistan or Kyrgyzstan, which hover around $2,500-3,000. This disparity feeds fears in Astana that full border liberalization would trigger a wave of low-skilled labor migration, putting strain on Kazakhstan’s urban infrastructure and labor market. While Kazakhstan is eager to export goods, services, and capital across Central Asia, it remains reluctant to import unemployment or social tension. Migration pressure is already high: according to Uzbekistan’s Migration Agency, the number of Uzbek workers in Kazakhstan reached 322,700 in early 2025. Removing border controls entirely could exacerbate this trend, overwhelming already stretched public services. Security Concerns and Regional Tensions The geopolitical landscape further complicates the dream of borderless travel. A truly open regional system would require a strong, unified external border, something unattainable given Afghanistan’s proximity. The persistent threats of drug trafficking and extremist infiltration compel Uzbekistan and Tajikistan to maintain tight border controls. Kazakhstan, while geographically removed, remains cautious about loosening controls along its southern frontier. Moreover, despite recent agreements on delimiting the Kyrgyz–Tajik border, tensions in...

EDB Establishes Investment Bridge Between Gulf Capital and Central Asian Projects

The Eurasian Development Bank (EDB), headquartered in Almaty, has opened a representative office in Abu Dhabi Global Market (ADGM), the United Arab Emirates’ international financial center, marking a strategic move to connect Gulf Cooperation Council (GCC) investors with high-potential projects across Central Asia. According to the Bank, the new platform will offer GCC investors structured investment opportunities backed by EDB analytics, regional expertise, and strong ties with the governments of its member states, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan. Through this initiative, investors will gain access to infrastructure and sustainable development projects with optimized risk-return profiles. At the launch ceremony, EDB Management Board Chairman Nikolai Podguzov underscored the strategic significance of the move. “We are creating an ‘investment highway’ between Gulf capital and opportunities in Central Asia. Our new office in Abu Dhabi reinforces our role as a regional bridge, combining local knowledge with tailored financial instruments. Investors gain access to proven projects with favorable risk-return dynamics, while Central Asian economies unlock new development funding.” A centerpiece of the new platform is a specialized credit fund dedicated to financing infrastructure development in Central Asia. Registered under ADGM jurisdiction, the fund will focus on debt financing for EDB’s infrastructure portfolio. The Bank highlighted ADGM’s regulatory advantages, noting that the fund will offer Middle Eastern and global investors a secure and efficient entry point into the region’s development landscape. EDB will serve as both a structuring partner and co-investor, providing access to a diversified project pipeline. Priority Sectors for Investment Transport and Logistics: The development of the North-South Corridor could boost transit volumes through Central Asia by up to 40%, significantly reducing shipping distances between the Gulf and key Eurasian markets. Water Sector and Agribusiness: The irrigation equipment market in Central Asia is valued at approximately $426 million annually, while the broader water supply sector is worth up to $2 billion. Renewable Energy: The sector continues to attract major players such as the UAE’s Masdar, which has established a growing footprint across Central Asia. Strengthening Gulf-Central Asia Economic Ties In recent years, the Gulf states have become major trading partners and investors in Central Asia. According to EDB data, trade between the Gulf and Central Asia reached $3.3 billion in 2024, a 4.2-fold increase since 2020. Imports from the Gulf made up 80% of the total trade turnover. Top Central Asian trading partners with the Gulf in 2024 were: Turkmenistan - $2 billion (61%) Uzbekistan - $740 million (23%) Kazakhstan - $302 million (9%) The highest trade growth rates were recorded in: Turkmenistan - up 9.9 times Kyrgyzstan - up 9.5 times Uzbekistan - up 8.1 times The UAE accounted for 97% of all Gulf-Central Asia trade. For Turkmenistan, Gulf trade represented around 10% of total foreign commerce, while Kyrgyzstan’s share stood at approximately 1%, with even lower figures across other regional states. The EDB projects continued growth in trade, citing an unrealized potential of $4.9 billion, including $4.4 billion in potential Gulf exports (motor vehicles, electronics, jewelry) and $500...

New CIVICUS Report Warns of Mounting Restrictions on Freedoms in Turkmenistan

The global civil society alliance CIVICUS has published an updated report on the worsening state of rights and freedoms in Turkmenistan. The document, compiled by the International Partnership for Human Rights (IPHR) and the Turkmen Initiative for Human Rights (TIHR), covers the period from June to November 2025 and outlines several disturbing trends. According to the report, Turkmen authorities continue to target individuals they deem politically “inconvenient.” This includes former political prisoners, who, despite their release, remain under tight surveillance and face ongoing restrictions. The report highlights an intensifying crackdown on freedom of expression. While state-controlled media project an image of national prosperity, the country is, in reality, grappling with a prolonged socio-economic crisis and widespread human rights abuses. One section focuses on the growing phenomenon of transnational repression. Human rights groups report that Turkmenistan’s security services have increased pressure on dissidents living abroad. These efforts include attempts to forcibly repatriate activists with the cooperation of foreign governments, most notably in Turkey and Russia. CIVICUS also draws attention to expanding internet restrictions. The report suggests that these limitations are not solely politically driven but are also linked to corruption. Cybersecurity officials are alleged to intentionally disrupt internet access to boost demand for censorship circumvention tools, tools that are often monetized through state-controlled channels. Another concern is the continued practice of compulsory mobilization for public events. Citizens are routinely forced to participate in state-organized gatherings, with those who refuse facing threats of punitive measures. Earlier this year, The Times of Central Asia reported that in the lead-up to Turkmenistan’s celebration of the 30th anniversary of its status as a permanently neutral state on 12 December, international human rights organizations had urged Ashgabat to release civil society activists jailed on politically motivated charges.