• KZT/USD = 0.00218
  • TJS/USD = 0.10840
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00218
  • TJS/USD = 0.10840
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00218
  • TJS/USD = 0.10840
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00218
  • TJS/USD = 0.10840
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00218
  • TJS/USD = 0.10840
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00218
  • TJS/USD = 0.10840
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00218
  • TJS/USD = 0.10840
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00218
  • TJS/USD = 0.10840
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
27 October 2026

Viewing results 43 - 48 of 947

Central Asia at the UN: Saida Mirziyoyeva to Represent Uzbekistan

Saida Mirziyoyeva, the head of Uzbekistan’s Presidential Administration and daughter of President Shavkat Mirziyoyev, is expected to deliver the country’s address at the UN General Assembly’s general debate in New York. Her appearance comes as Central Asian delegations seek support for regional development and prepare for a larger role in UN diplomacy. On September 22, Gazeta reported that Mirziyoyeva would represent Uzbekistan in the debate. Her father delivered the country’s address last year. The report did not specify the proposals she would present. Mirziyoyeva met UN Secretary-General António Guterres on September 21. Her public account described discussions on cooperation with the UN, but provided no detailed negotiating agenda. The assignment follows her appointment as administration chief in June 2025, when the president restored a post abolished two years earlier. She had previously served as his assistant. This month, Mirziyoyev also appointed her to head the planned Tashkent International Financial Centre, which aims to attract private capital through tax incentives and a legal framework drawing on English common law principles. Mirziyoyeva’s UN appearance adds a major diplomatic assignment to her domestic responsibilities. She has addressed UN events before, including a water conference in 2023. Delivering Uzbekistan’s national statement in the General Assembly would give her a broader platform to present government policy. What is On the Agenda The general debate runs from September 22 to 26 and resumes on September 28. It is the centerpiece of the General Assembly’s high-level week, when world leaders address the UN and hold bilateral talks on the sidelines. The gathering is based at UN headquarters in New York, with additional events around the city. This year’s theme is “Restoring trust, managing transformation: A United Nations that delivers for all.”  Practical discussions include reforming the organization and financing development. The European Council’s published priorities call for a more effective, cost-efficient UN and stronger international peace and security mechanisms. The week also brings diplomacy over the war in Ukraine. Volodymyr Zelenskiy is due to meet U.S. President Donald Trump in New York to press for a halt to attacks on energy infrastructure, Reuters reported. Those talks take place amid continuing strikes on power facilities and refineries. The week’s program includes separate meetings on climate action and a just transition on September 23, according to Kazakhstan Today. Pandemic prevention and preparedness will be discussed on September 25. Central Asia in New York The region’s countries are attending at different political levels. Kyrgyz President Sadyr Japarov is in New York after visiting Utah. His announced program combines participation in the UN gathering with meetings with national leaders and U.S. businesses. On September 21, Japarov met financial services group StoneX. The meeting produced memoranda involving Kyrgyzstan’s Finance Ministry and Eldik Bank, following discussions about precious metals trading and access to international financial services. Kyrgyzstan is also preparing for its 2027–2028 Security Council term. In a recent interview with The Times of Central Asia, Shumkarbek Adilbek uulu, director of the National Institute for Strategic Initiatives, described efforts to secure financing for...

Turkmenistan Looks to AI in Customs Modernization Drive

Customs specialists in Turkmenistan discussed the use of artificial intelligence in their work during a seminar last week, as the country steps up efforts to modernize trade systems and expand its role in the Caspian Sea transit corridor. The three-day training course in Ashgabat drew about 30 customs experts and was held at a regional training center. Turkmenistan’s State Customs Service said the event was part of a European Union-funded project to promote trade on the corridor, which links China and Central Asia to Europe by rail and maritime transport. The trainer at the seminar was Sertaç Yapıcı, whose LinkedIn page identifies him as a department head at the Directorate General of Customs Enforcement in Turkey. Yapıcı discussed risk management systems in customs offices and “demonstrated the effectiveness of modern methods of data analysis and the use of artificial intelligence technologies with specific examples,” the Turkmen customs authority said. The customs specialists discussed how to identify risks associated with goods and vehicles crossing borders and how “to adapt the best international approaches to the conditions of our country,” the authority added. The World Customs Organization and the customs service established the center in Ashgabat under a 2025 agreement.

South Korea Steps Up Central Asia Critical Minerals Push

The first South Korea–Central Asia summit, held in Seoul on September 16, capped three days of bilateral meetings that produced more than 70 agreements and memorandums. The leaders agreed to meet every two years, a separate C5+1 forum for industry ministers was established, and critical minerals took a central place on the new agenda. The main question now is how many of those documents will translate into mines, processing plants, and long-term contracts. South Korea needs reliable supplies of metals for its automotive, electronics, battery, and energy industries. Central Asia wants to use that demand to develop domestic processing and reduce its reliance on raw material exports. Seoul proposed combining the region’s resources with its own exploration, mineral processing, and manufacturing technologies. President Lee Jae Myung spoke of cooperation across the production chain, from identifying deposits to manufacturing finished products. Rare metals centers being established at key locations in Central Asia are intended to support joint research and specialist training. Until now, South Korea has worked with the region’s countries largely through bilateral ties. The new C5+1 format adds a regional mechanism to those relationships. Kazakhstan will host the next summit in 2028. Kazakh financier and analyst Rasul Rysmambetov believes the value of the new format will depend on the region’s ability to secure tangible industrial results. He sees South Korea as an attractive partner because of its experience with rapid industrialization and its strengths in building industrial facilities. “The priority for Central Asia is to stop selling raw materials. We need to establish processing in the region. The heads of state’s visit to Seoul was highly productive. In fact, all summits in similar formats have been productive. The main question now is how to move away from exporting raw materials and toward joint industrialization,” Rysmambetov told The Times of Central Asia. Uzbekistan put forward a broader regional proposal. President Shavkat Mirziyoyev called for an investment alliance for critical minerals, with processing clusters bringing together exploration, mining, and the production of high-value goods. Uzbekistan and South Korea are already developing a joint rare metals center and have agreed to strengthen cooperation throughout the production chain. Kazakhstan offered Korean businesses a broader package covering rare metals, nuclear and clean energy, and artificial intelligence. Urban development was also part of the talks, including the Alatau Smart City project near Almaty. The countries upgraded their ties to a comprehensive strategic partnership and signed a memorandum on the peaceful use of nuclear energy. The energy agreements also cover conventional resources. In April, South Korea said it had secured 18 million barrels of Kazakh crude oil. In Kyrgyzstan, Korean organizations are working with their Kyrgyz counterparts to identify possible antimony and tungsten projects and strengthen exploration capacity. Tajikistan is also offering cooperation on antimony, as well as precious metals, building on the first Korea–Tajikistan Minerals Forum, which took place in August. The minerals agenda is complemented by Korean willingness to invest in transport and infrastructure. South Korea and Uzbekistan agreed to expand Korean participation in...

Turkmenistan Advances TAPI Pipeline and Infrastructure Projects in Herat

Turkmenistan has spent years seeking new gas export routes, and in western Afghanistan that effort is taking physical form. By mid-September, 122.3 kilometers of pipe had been welded and laid along the Turkmenistan-Afghanistan-Pakistan-India (TAPI) route in Herat Province. Ashgabat is also pursuing two other connections with Afghanistan along the same corridor. Energy officials are discussing a 500 kV transmission line, while plans call for a railway from the Turkmen border to reach Herat and eventually extend farther south. Herat is becoming the focal point for Turkmen gas, electricity, and freight. For Ashgabat, supplying Herat could give TAPI its first functioning Afghan market without waiting for the entire pipeline to reach Pakistan and India. Afghanistan would gain energy supplies and infrastructure, as well as a chance to connect its western region more closely to regional trade. As of September 15, Afghanistan’s Ministry of Mines and Petroleum reported that 150.3 kilometers of the 153-kilometer TAPI route in Herat Province had been prepared for pipe installation. Of the 122.3 kilometers of pipe welded and laid, 71.5 kilometers had been buried. Hydrostatic testing had been completed on 33 kilometers. The ministry’s estimate of nearly 80% completion applies only to pipe-laying along this section. In May, the ministry reported that 63 kilometers of pipe had been laid. Four months later, the figure had nearly doubled. The pipeline is designed to run roughly 1,814 kilometers from Turkmenistan’s Galkynysh gas field through Afghanistan and Pakistan to the Indian border. Its planned capacity is 33 billion cubic meters a year. At full capacity, the Asian Development Bank’s current project description allocates 5% of the gas to Afghanistan and 47.5% each to Pakistan and India. The pipeline has been under discussion for more than three decades. Conflict, financing shortages, security threats, and disputes over commercial terms have repeatedly delayed it. Work on Afghan territory resumed in September 2024. The latest figures from Herat make it possible, for the first time in years, to measure TAPI’s progress in kilometers of pipeline rather than diplomatic statements. For Turkmenistan, the stakes are high. The country holds the world’s fourth-largest natural gas reserves, but most of its gas exports go to China. Beijing receives around 30 billion cubic meters of Turkmen gas annually and continues to work with Ashgabat on expanding production at Galkynysh. In February, Gurbanguly Berdimuhamedov said diversifying gas export routes was one of the country’s primary goals. Together, Pakistan and India would provide Turkmenistan with markets comparable in scale to its Chinese market. To reach them, however, the pipeline still has to cross most of Afghanistan and then Pakistan. Tensions between Kabul and Islamabad, along with the difficult relationship between Pakistan and India, continue to create political and transit risks for the full project. Herat offers a smaller market that could be reached sooner. A distribution network is planned in the city to supply gas to businesses, power plants, and households. In August, Turkmengaz and Afghan Gas signed a memorandum on the gasification of the province. The memorandum covers local...

From Critical Minerals to Connectivity: South Korea’s Stakes in Central Asia

On September 16, Seoul hosted the first Korea–Central Asia Summit, bringing President Lee Jae Myung together with the heads of all five Central Asian states. The meeting elevated a dialogue that has run at a ministerial level since 2007 to the level of heads of state. The leaders adopted a Seoul Declaration setting the terms for future engagement and agreed to hold summits every two years. On September 14, trade and industry ministers from South Korea and the five Central Asian states met in Seoul for the first C5+Korea Industry Ministers’ Meeting. They signed a joint statement launching a standing platform for industrial cooperation. Uzbekistan’s Ministry of Investment, Industry and Trade used the occasion to push for a shift away from raw-material trade toward joint production and localization. Behind the diplomatic choreography sits a practical problem: the minerals both sides keep discussing cannot move without a route to carry them. A Minerals Agenda with Separate Tracks South Korea relies heavily on imported minerals for its manufacturing industries. Seoul has been developing separate plans with each country. With Tajikistan, discussions have focused on gold and silver, alongside antimony. With Kyrgyzstan, Seoul has been discussing antimony and tungsten. Cooperation with Uzbekistan covers minerals and digital manufacturing. With Kazakhstan, a central issue is moving beyond raw exports toward processing inside the country, as The Times of Central Asia reported ahead of the summit. South Korean firms are pursuing supply diversification independently. POSCO International and LX International have been expanding overseas mineral investments, including graphite and nickel projects, amid Chinese export restrictions. The Transport Connection Consider the Bolashak chrome mine in Kazakhstan, which Eurasian Resources Group launched in late 2024. The company plans to ramp it up to a design capacity of 7.5 million metric tons of chrome ore a year. Production on that scale makes reliable transport an essential part of the commercial equation. An Atlantic Council analysis identifies limited processing capacity and underdeveloped westward routes as obstacles to U.S. mineral partnerships with Central Asia. It presents the Trans-Caspian Middle Corridor as a route to Western markets that avoids Russian and Iranian territory. That argument needs a distinction when applied to Korea. The corridor runs westward toward Europe; it is not a prerequisite for minerals to reach South Korea. Its relevance is the wider choice of buyers it could offer Central Asian producers, including potential Korean-backed processing ventures serving those markets. That corridor is being built out. The Aktau container hub has a planned capacity of 240,000 twenty-foot equivalent units. The World Bank-backed Mointy–Kyzylzhar railway is meant to remove a 149-kilometer detour and accommodate 30 train pairs a day, against roughly ten on the existing constrained route. Traffic is already rising: 125 container trains crossed Kazakhstan on the Trans-Caspian route in the first quarter of 2026, up 34.4% year-on-year. Japan has also become involved, pledging in August 2025 to help modernize customs operations at the port of Aktau. The Seoul Declaration also backs Korean participation in transport infrastructure, including modernization and digitalization. In...

Central Asia’s First Korea Summit Produces Different Deals for Each Country

The first Central Asia-Republic of Korea Summit brought five countries to Seoul with very different records of working with Korean capital. Kazakhstan arrived with commercial agreements worth about $19 billion, while Uzbekistan is discussing multibillion-dollar financing through the state-owned Export-Import Bank of Korea. In Turkmenistan, Korean companies are expanding beyond their traditional role in the gas-chemical industry; Tajikistan is offering mineral resources; and Kyrgyzstan is establishing a dedicated government contact point to help attract Korean businesses. On September 16, the presidents of all five Central Asian states met South Korean President Lee Jae Myung together for the first time. Until now, the Korea-Central Asia Cooperation Forum, established in 2007, had operated mainly at a ministerial level. A permanent secretariat was established in 2017, and in 2020 the meetings were elevated to the level of foreign ministers. The leaders adopted the Seoul Declaration, agreeing to hold summits every two years, with Kazakhstan set to host the next in 2028. Ministerial meetings in the intervening years will review implementation and prepare the next summit’s agenda. The declaration also envisages Korea Desks across the five Central Asian countries to help businesses address administrative obstacles. The leaders expressed interest in combining Central Asian minerals with Korean technology to build joint production networks, and agreed to pursue measures to reduce non-tariff barriers. Seoul also sees Central Asia as part of its own industrial strategy. South Korea, one of the world’s leading producers of automobiles, electronics, batteries, and ships, needs stable supplies of energy and raw materials. Opening the summit, Lee spoke of combining the region’s resources with Korean exploration and processing technologies. Critical minerals, energy, and supply-chain resilience were among the main issues at the meeting. In 2025, South Korea’s trade with the five countries reached $10 billion for the first time: Korean exports totaled $8.67 billion, while imports from Central Asia amounted to $1.39 billion. Cumulative Korean investment in the region reached $6.48 billion. Kazakhstan and Uzbekistan continue to account for most of this trade and investment. The talks in Seoul showed how different the next step could look in each of the five countries. [caption id="attachment_56323" align="aligncenter" width="1774"] Image: Akorda[/caption] Kazakhstan: $19 Billion in Agreements and Large-Scale Industry Kazakhstan arrived at the summit with the largest announced commercial package. On September 15, a day before the regional summit, Kazakhstan and South Korea signed around 80 agreements worth approximately $19 billion through the Kazakhstan-Korea Business Council in Seoul. About $11 billion is associated with projects involving Samruk-Kazyna, Kazakhstan’s sovereign wealth fund, which controls major state assets in oil and gas, energy, transport, telecommunications, and uranium mining. The $19 billion figure represents the value of signed agreements and announced projects at different stages of development. Behind the headline figure are several major industrial projects. QazaqGaz and Hyundai Engineering agreed to implement a gas processing plant at Karachaganak with an annual capacity of 5 billion cubic meters. KazMunayGas and Samsung E&A signed an agreement on expanding the Pavlodar refinery’s capacity to 9 million metric tons a...