• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10761 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10761 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10761 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10761 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10761 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10761 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10761 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10761 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%

Viewing results 7 - 12 of 703

Erdoğan Visit Puts Trade, Transit, and Turkic Economic Integration at Center of Kazakhstan’s OTS Push

Turkish President Recep Tayyip Erdoğan’s visit to Kazakhstan comes as Astana is trying to give the Organization of Turkic States a more practical economic role, linking trade, investment, transport, digital development, and business financing across the Turkic world. The visit centered on three connected events: Erdoğan’s official visit to Astana, the sixth meeting of the Kazakhstan-Turkey High-Level Strategic Cooperation Council, and the informal summit of the Organization of Turkic States in Turkistan. Erdoğan arrived in Astana ahead of talks with President Kassym-Jomart Tokayev, while Turkish media reported that the agenda included transport links through the Middle Corridor, Caspian transit routes, energy security, logistics, defense industry cooperation, trade and investment. The visit also carried strong symbolic staging. According to Akorda, Erdoğan’s aircraft was escorted by Kazakh Air Defense fighter jets after entering Kazakhstan’s airspace. At Astana airport, he was greeted by an honor guard, children waving the flags of Kazakhstan and Turkey, and military helicopters displaying the national symbols of both countries. Erdoğan later said the welcome had brought his delegation “enormous joy,” adding, “We certainly will not forget this.” [caption id="attachment_48862" align="aligncenter" width="1280"] Kazakh aircraft fly over Astana during the ceremonial welcome for Erdoğan. Image: Akorda[/caption] The OTS summit is being hosted by Kazakhstan on May 15 in Turkistan under the theme “Artificial Intelligence and Digital Development.” According to the organization, the summit is intended to advance cooperation on artificial intelligence, digital innovation, emerging technologies, public services, sustainable economic growth, and regional connectivity. The digital theme reflects Kazakhstan’s effort to give the OTS a more practical economic role, beyond its cultural and diplomatic foundations. Ahead of the summit, Astana hosted a business forum on May 13 under the title “Economic Integration and Cooperation of the OTS Countries: New Opportunities in Industry, Agro-Industrial Complex, Logistics and Digitalization.” Kazakhstan’s prime minister’s office said the forum brought together state bodies, financial institutions, chambers of commerce, international organizations, and business representatives from OTS countries. Kanat Sharlapayev, chairman of the Union of Chambers of Commerce and Industry of Turkic States and of the presidium of Kazakhstan’s Atameken National Chamber of Entrepreneurs, urged Turkic countries to move toward deeper industrial and digital integration. He said the task was to create a unified digital environment, reduce the distance between producers and consumers, increase transparency, and speed up transactions. The forum also discussed plans for joint industrial facilities and manufacturing zones along transport corridors, an idea that would push OTS cooperation beyond transit toward processing and value-added production. Deputy Prime Minister and Minister of National Economy Serik Zhumangarin used the forum to frame OTS cooperation as one of Kazakhstan’s foreign economic priorities. He said the OTS countries form a market of more than 170 million people and have significant industrial, transport, agricultural, and human potential. He also said the main task was to move from declarations to joint projects, new production, technology alliances, and mutual investment. Silk Way TV reported that Murat Karimsakov, chairman of the Kazakh Chamber of International Commerce, said trade turnover among OTS countries increased...

Opinion: The Southern Dimension of the Middle Corridor – Afghanistan’s Role in Eurasia’s New Logistics Landscape

Afghanistan’s integration into the Trans-Caspian International Transport Route (TITR) is extending beyond local logistics and evolving into one of Eurasia’s key geo-economic projects. Amid the global transformation of supply chains, Central Asia has an opportunity to move beyond its role as a transit periphery and become an active participant in shaping new economic corridors, creating a full-fledged “southern dimension” of Eurasian connectivity. Two Routes: Strategic and Operational Two main directions for Afghanistan’s integration into the Eurasian transport system are currently under discussion, each reflecting a distinct development logic: strategic and pragmatic. The “Eastern Branch” (Termez-Mazar-i-Sharif-Kabul-Peshawar) is traditionally viewed as the primary trans-Afghan route. Its key advantage is direct access to the ports of Karachi and Gwadar, providing the shortest connection between Central Asia and the Indian Ocean. At the same time, geography makes the project highly complex. The route passes through the central and eastern regions of Afghanistan, including the Hindu Kush mountain range, where long tunnels and bridges would be required. This would sharply increase construction and maintenance costs, extend implementation timelines, and heighten security and infrastructure risks. According to available estimates, the project could cost around $5 billion and handle 15-20 million tons of cargo annually. However, the lengthy investment cycle and dependence on political stability mean implementation remains a long-term prospect. The “Western Branch” (Turgundi-Herat-Kandahar-Spin Boldak) represents an alternative logistics corridor based on more favorable geography. Western Afghanistan is characterized by predominantly flat, semi-arid terrain, reducing the need for complex engineering structures and allowing the project to be implemented in phases. This significantly lowers capital costs, shortens construction timelines, and reduces infrastructure risks. The western route’s initial capacity is estimated at 7-10 million tons of cargo annually, making it the more realistic option for medium-term planning. An additional advantage is its geo-economic flexibility. Via Herat, the route could be integrated not only southward through Pakistan, but also westward through Iran, providing access to Persian Gulf ports. This would transform it into a multi-directional corridor capable of serving several logistics flows simultaneously. The Eastern Branch, therefore, remains the strategic option offering the shortest route to the ocean but requiring substantial investment and time. The Western Branch, meanwhile, presents a more pragmatic solution: faster to implement and more flexible from a geo-economic standpoint. The Role of Turkmenistan and Kazakhstan in the “Western Maneuver” The implementation of the western trans-Afghan corridor depends on close coordination between two key regional players, Kazakhstan and Turkmenistan, which form the northern foundation of the future route by providing access to the Caspian Sea and, beyond it, global markets. Astana and Ashgabat are effectively creating a new geo-economic framework that could transform Central Asia from an isolated region into a strategic crossroads linking the Caspian Sea with the Indian Ocean. In 2026, Kazakhstan moved toward deeper institutionalization of the initiative, making the route through Herat and Kandahar a government priority. Astana’s strategy is multifaceted. In addition to establishing a permanent interdepartmental commission, Kazakhstan is actively seeking to attract international operators such as the Emirati AD...

Opinion: The U.S. Still Doesn’t Know Where Central Asia Belongs

Washington cannot decide where Central Asia belongs. Is it part of Europe? Asia? The Middle East? The confusion is on full display in how the House of Representatives has reassigned the region across subcommittees in rapid succession. In the 116th Congress, which convened in 2019, Central Asia fell under the Subcommittee on Europe, Eurasia, Energy and the Environment. Two years later, in the 117th Congress, it was moved to the Subcommittee on Asia, the Pacific, Central Asia and Nonproliferation. That arrangement barely settled before the 118th Congress shifted it again—this time to the Subcommittee on the Middle East, North Africa, and Central Asia. Now, in the 119th Congress, it has been relocated to the Subcommittee on South and Central Asia. On the banks of the Potomac, Central Asia has taken on a nomadic life of its own—constantly on the move, never quite settling in one place. At the State Department, Central Asia is grouped under the Bureau of South and Central Asian Affairs alongside Afghanistan, India, Pakistan, and Sri Lanka. At the Pentagon, by contrast, the Middle East team oversees relations with Central Asia, alongside countries like Israel, Saudi Arabia, Iran, and Pakistan. These mismatches are not just clumsy; they are strategically dangerous. By misplacing Central Asia, Washington is misreading the geography of China’s rise. It is time for Washington to stop the bureaucratic musical chairs and place Central Asia within a coherent grand strategy. Far from being an afterthought, the region is one of the most consequential pieces of the geopolitical puzzle facing the United States: how to respond to China’s strategy. This is because Central Asia sits at the heart of China’s decades-long effort to move its critical lifelines away from the Indo-Pacific and onto the Eurasian landmass. Over the past 15 years, China has quietly reoriented its energy routes, reducing reliance on maritime pathways vulnerable to U.S. naval dominance—particularly chokepoints such as the Strait of Hormuz and the Strait of Malacca—and expanded overland imports across Eurasia. Today, China imports significant volumes of natural gas via pipelines from Turkmenistan and Russia, as well as crude oil from Kazakhstan. These continental routes are largely insulated from maritime interdiction, giving Beijing strategic resilience. Central Asia should be understood through this lens. For China, the region is not peripheral—it is essential. The pipelines, railways and trade corridors that underpin China’s resilience all pass through Xinjiang and Central Asia. In this sense, Central Asia is not merely adjacent to China; it is embedded in China’s vision of the future. This is why Washington’s practice of grouping Central Asia with South Asia misses the mark. The two regions operate under fundamentally different strategic logics. South Asia is centered on the Indian subcontinent, shaped by maritime dynamics and the India‑Pakistan rivalry. Central Asia, by contrast, is a continental crossroads—defined by overland connectivity, energy flows and great‑power competition across Eurasia. India, meanwhile, is geographically constrained—lacking direct land access to Central Asia due to territory administered by Pakistan and separated from China by the Himalayas—leaving it...

Washington Meets Ashgabat as Turkmen-American Business Cooperation Association Debuts

On May 7, the Turkmen-American Business Cooperation Association (TABCA) and the Embassy of Turkmenistan in Washington marked the organization’s official launch through a series of daylong events attended by members of the business community, diplomats, and dignitaries, including senior representatives from the U.S. Department of Commerce. Serving as a definitive bridge between the business communities of the United States and Turkmenistan, TABCA aims to promote bilateral trade, support market access initiatives, and encourage strategic partnerships and innovation across key sectors. More than 50 Turkmen and American companies joined the meetings, underscoring Ashgabat’s continued push toward a more open and globally engaged economy—one that inevitably brings both opportunity and risk. According to Esen Aydogdyyev, Turkmenistan’s Ambassador to the United States, “We are committed to cultivating broad international partnerships where agreements contribute to national development, economic resilience, and long-term independence for its citizens. Ashgabat is seeking broader investor and commercial engagement, which is compatible with our strategic autonomy and non-aligned status.” [caption id="attachment_48630" align="aligncenter" width="901"] (L/R) Viktoriya Frolova, Commerical Specialist, U.S. Embassy Turkmenistan, former Ambassador of Turkmenistan to the U.S., Meret Orozov, Chairman of the Board, Turkmen American Business Cooperation Association Nurgeldi Meredov, and Mr.Maksat Annamyradov, Board Member, Turkmen American Business Cooperation Association. Image: Kakajan Ovezov, Begench Arazalyyev[/caption] The initiative reflects Turkmenistan’s effort to strengthen ties with Western investors while maintaining its neutrality and independent foreign policy. Economic growth is strongest, the participants echoed, when enterprise creates broad opportunity and shared prosperity. Ambassador Aydogdyyev said that “priority areas for cooperation include trade and commerce, energy, transportation and communications, agriculture, renewable energy, the chemical and food sectors, as well as environmental protection. We especially value entrepreneurship and small business partnerships between Turkmenistan and the United States. In addition, we want Turkmen entrepreneurs to play a role in supporting economic growth and employment opportunities in the United States, which they are already contributing to today.” Win-Win is the Guiding Principle TABCA’s official launch in Washington is more than symbolic—it reflects a meaningful new chapter in U.S.-Turkmenistan relations, grounded in practical business cooperation and a shared commitment to cross-border investment. While some observers in Turkmenistan remain cautious about the risk of outside geopolitical agendas or economic models that favor a narrow set of interests under the banner of long-term prosperity and commercial diplomacy, the focus today is on building fair opportunity, productive partnership, and tangible commercial results. “U.S. and Turkmen businesses are already helping drive jobs and economic growth in both countries—a reminder of why stronger commercial ties matter,” said Nurgeldi Meredov, TABCA’s Chairman. “Our goal is to expand trade, boost investment, and create long-term partnerships that open new opportunities for companies on both sides.” [caption id="attachment_48631" align="aligncenter" width="712"] Jamila Kerimova, founder of “Ish nokady” (standing); image: Kakajan Ovezov, Begench Arazalyyev[/caption] At TABCA’s morning session, Turkmen businesses highlighted B2B engagement and SME growth opportunities, showcasing companies in logistics, e-commerce, manufacturing, consulting, and real estate. The presentations were followed by networking aimed at fostering direct commercial partnerships. Nurgeldi Meredov, alongside Meret Orazov, former Ambassador of Turkmenistan...

No Tanks on Red Square as Moscow’s Victory Day Pull Fades in Central Asia

Russia’s Victory Day parade on May 9 is set to be more restrained this year, with tanks, armored vehicles, and missile systems absent from Red Square for the first time in nearly two decades. The Russian Defense Ministry cited the “current operational situation,” while the Kremlin blamed what it called Ukrainian “terrorist activity.” Russia also reported drone attacks aimed at Moscow in the days before the ceremony, and security around President Vladimir Putin has been tightened. The reduced scale of the parade carries a resonance beyond Russia. Victory Day remains one of the most emotionally charged dates in the post-Soviet calendar, including in Central Asia, where families still remember relatives who fought, died, or labored during World War II. But across the region, the holiday has increasingly been placed inside national calendars rather than left as part of Russia’s political script. The contrast with last year is sharp. In 2025, Moscow marked the 80th anniversary of Nazi Germany’s defeat with its largest Victory Day parade since the start of Russia’s full-scale invasion of Ukraine. Chinese troops marched on Red Square, Xi Jinping sat beside Putin, and foreign leaders attended from across Asia, Africa, Latin America, and the former Soviet space. Tanks, rocket launchers, missile systems, drones, and other military hardware rolled through the square. This year’s guest list is more limited. The Kremlin’s initial list of foreign delegations included leaders and senior figures from Belarus, Laos, Malaysia, Slovakia, the breakaway republics of Abkhazia and South Ossetia, and representatives from Bosnia and Herzegovina’s Republika Srpska. Attendance has also been hard to read. Earlier reports said Kazakhstan’s Kassym-Jomart Tokayev and Kyrgyzstan’s Sadyr Japarov were expected in Moscow, while the Kremlin’s initial published list of foreign guests did not include any Central Asian presidents. On May 8, however, Kazakh and Uzbek media reported that Tokayev and Uzbekistan’s Shavkat Mirziyoyev were traveling to Moscow for Victory Day events. The late confirmations complicate the picture, but they do not restore the full regional show of unity seen in the last two years, when all five Central Asian presidents were present at the Moscow parade. It does suggest, however, that Moscow’s political ownership of the date is less automatic than it once was. Victory Day, which commemorates the Soviet defeat of Nazi Germany in what Russia calls the Great Patriotic War, has long been one of the main rituals of modern Russian power. It draws large television audiences, fills public space with military symbolism, and presents the Kremlin as the guardian of a sacred national memory. The holiday speaks of sacrifice and family loss, but also of nationalism and state control over history. Putin has used that language repeatedly. On May 9, 2024, after appearing on Red Square in snowfall, he said Russia was going through a “difficult, milestone period,” and warned: “We will not allow anyone to threaten us. Our strategic forces are always in combat readiness.” In 2025, he used the 80th anniversary parade to link Soviet wartime memory to Russia’s current war, saying...

Business Leaders from Turkmenistan Talk Trade on U.S. Tour

Dozens of business executives from Turkmenistan and the United States have met in Washington amid efforts by the two countries to strengthen trade. The conference of the Turkmen American Business Cooperation Association, also known by its acronym TABCA, was held on Thursday, according to Turkmenistan’s embassy in the U.S. It said the association is a “new practical platform” for expanding economic ties, with a focus on small and medium-sized enterprises. Earlier this month, business leaders from Turkmenistan attended the SelectUSA Investment Summit, an event hosted by the U.S. Department of Commerce that was designed to connect investors, companies and experts from around the world. The investment forum was held in National Harbor, Maryland. Ambassador Esen Aydogdyyev of Turkmenistan, meanwhile, has been making contacts since he was appointed to his new post in Washington in March. On May 1, Aydogdyyev met S. Paul Kapur, U.S. Assistant Secretary of State for South and Central Asian affairs. On April 22, the Turkmen ambassador held talks with Patryk Łoszewski, an executive director of the International Monetary Fund. U.S. goods trade with Turkmenistan was $152.7 million in 2025, according to U.S. government data. U.S. goods exports to Turkmenistan last year were $113.3 million, up 43.6% from the previous year, and U.S. goods imports from Turkmenistan were $39.4 million, up 169% from 2024. While those numbers are relatively low compared to the volume of trade between the United States and its bigger trading partners, the annual percentage increase is notable. One of Turkmenistan’s biggest exports to the U.S. is fertilizer. Turkmenistan has major reserves of natural gas and oil, and the Central Asian country is working to diversify its trading partners. U.S. and other foreign companies are hoping for reforms in the highly controlled country that would make it a more attractive place to invest.