• KZT/USD = 0.00222
  • TJS/USD = 0.10840
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10840
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10840
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10840
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10840
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10840
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10840
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10840
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
23 October 2026

Viewing results 13 - 18 of 438

Opinion: Central Asia’s Wider Future: The CAMCA Network Brings Regional Cooperation to Baku

Central Asia is helping shape a wider regional agenda, one that connects trade and investment with technology, education, and security. In Baku, the CAMCA Regional Forum is bringing together the people who can carry that agenda forward, with the CAMCA Network helping turn shared interests into opportunities for cooperation. Taking place on October 1–2 at the Fairmont Baku Flame Towers, the 2026 CAMCA Regional Forum convenes policymakers, business leaders, investors, educators, researchers, and entrepreneurs under the theme “The World and CAMCA: A Region at the Crossroads.” Its central question is how regional cooperation can expand economic opportunities and strengthen the capacity of countries and communities to shape their future. The CAMCA Network helps shape this conversation. As a co-founder and co-organizer of the forum, it connects professionals across Central Asia, Mongolia, the Caucasus, and Afghanistan. Its members contribute expertise, lead discussions, and bring the experience of working in the region into the program. They also give the forum continuity: relationships strengthened in Baku can support collaboration long after the gathering concludes. For Central Asia, that wider community matters. The five countries have distinct economic structures, resources, and international relationships. Cooperation must reflect those differences while identifying where shared effort can expand their choices. Connections with the Caucasus, Mongolia, and Afghanistan offer different opportunities and challenges, each deserving a place in the regional conversation. The CAMCA Regional Forum’s discussions of global shifts through 2030 and greater Central Asia–Caucasus convergence address this strategic landscape. “From C5 to a Wider Framework” asks how a broader geography of cooperation might serve the region’s interests. The underlying issue is the ability of countries to shape their own decisions: how working with neighbors can strengthen their options in a changing international environment. Economic connectivity provides a concrete test. Routes across the Caspian and through the Caucasus can help Central Asian countries reach additional markets and partners. Their value depends on dependable transport, workable procedures, and institutions able to coordinate across borders. Businesses need enough certainty to invest, plan, and build lasting commercial relationships. Today’s discussion on connecting CAMCA to the world brings these questions together. For Central Asia, the opportunity extends beyond moving goods through the region. Better connections can support production, logistics, services, and investment within it. The strategic objective is to create more value locally and give regional enterprises a stronger place in wider markets. The forum’s paired sessions on public policy and the private sector approach that objective from complementary directions. Governments influence the conditions under which companies operate. Businesses decide where to commit capital, develop products, and employ people. Bringing these perspectives together helps clarify which barriers require public action and where commercial initiative can move cooperation forward. Technology adds another dimension. The discussion of artificial intelligence asks where CAMCA fits in a rapidly changing global economy. The Digital Silk Road roundtable connects that question with financial services and innovation. For entrepreneurs in Central Asia, digital connections can open access to customers, payments, financing, and partners across borders. The investment and entrepreneurship...

C5+1 Meets Again in Samarkand, but Central Asia Has Changed

In mid-October, C5+1 will meet again in Samarkand, where its first ministerial was held in November 2015. The regional actor it was created to engage has, however, changed substantially. Secretary of State Marco Rubio is expected to arrive with representatives of more than 100 American companies for talks focused on regional economic connectivity, energy security, trade, private investment, and economic modernization. John Kerry convened the first C5+1 ministerial in Samarkand on November 1, 2015, after the six governments had met in New York that September and agreed to regular consultations. The initial agenda already treated security, economic connectivity, and environmental problems as fields where regional approaches could add value. The question is what purposes C5+1 serves now. C5+1 itself began with a Kazakhstani initiative. As S. Frederick Starr recently reconstructed the history, Ambassador Kairat Umarov, after consulting Astana, proposed in 2013 that Washington create a regular mechanism for engaging Central Asia collectively rather than only through five bilateral relationships. The State Department subsequently developed the proposal, and the format took institutional shape in 2015. That origin rules out any account in which regional agency appears only later. Kazakhstan helped create the mechanism through which Washington would engage the region collectively; the five states’ own capacity for regional coordination deepened substantially thereafter. The second ministerial in Washington in 2016 launched joint projects in economic connectivity, renewable energy, climate resilience, and security, while explicitly recognizing the value of regional approaches. A secretariat was established in 2022; the format reached presidential level for the first time in New York a year later. That summit also produced plans for a private-sector business platform and a Critical Minerals Dialogue, which held its inaugural meeting in February 2024. Its basic structure has remained the same: the United States engages the five Central Asian states collectively. Alongside C5+1, the five developed their own regional process, independent of any outside partner. President Shavkat Mirziyoyev proposed regular consultations among the Central Asian leaders in 2017, and their first Consultative Meeting took place in Astana in March 2018. Further meetings followed in Tashkent in 2019 and Turkmenistan in 2021 before the process moved to Cholpon-Ata in 2022. Subsequent meetings extended the process into trade, transport, energy, water, security, and cultural cooperation. The process remained intergovernmental and did not require policy uniformity among the five states. It gave them a recurring political process of their own. By 2022, the process had expanded from consultation among the five to coordination in dealing with outside partners. At the fourth Consultative Meeting in Cholpon-Ata, the leaders adopted a regional cooperation roadmap for 2022–2024, a Green Agenda, and a Concept of Interaction of the Central Asian States in Multilateral Formats. A treaty on friendship, good-neighborliness, and cooperation for the development of Central Asia in the twenty-first century was also opened for signature. President Kassym-Jomart Tokayev had proposed regular foreign-minister consultations to develop coordinated approaches to regional and international issues. He specifically connected the multilateral-formats concept to cooperation with non-regional strategic partners. The Concept of Interaction...

Opinion: Central Asia Is More Than Minerals

For years, Central Asia was one of those regions that Washington periodically rediscovered and then forgot. Officials visited and announced new initiatives, but the relationship hardly changed. That is no longer the case. Many pundits see the current surge of American interest in Central Asia through the lens of transactional foreign policy: nowadays the focus has been on critical minerals, supply-chain security, and competition with China. Valid so far as it goes, this approach misses the larger story. Central Asia is not suddenly important because of its minerals or because Washington has decided that it is. Increasingly, Washington must pay attention to Central Asia because the region itself is changing, and in largely positive directions. Over three decades, American investors largely dismissed the region as too poorly governed and too distant. Now the region itself is working to change the conditions that made it unattractive. The transformation is far from complete, but it is real. When the Central Asian states emerged from the Soviet Union in 1991, they faced grave disadvantages. State enterprises dominated their economies, and they fell short of Western investors’ expectations in both the rule of law and transparency. While such problems have not disappeared, they are everywhere being worked on. Uzbekistan provides the clearest example. Since 2017, Tashkent has undertaken reforms to liberalize its economy and improve the environment for private investment. The World Bank now describes Uzbekistan as one of the world's top reformers. Kazakhstan has also built more sophisticated financial and regulatory institutions. Its goal is to position itself as a regional hub for logistics, energy, and finance. The World Bank's new 2026–31 country strategy emphasizes a "business-ready Kazakhstan," with greater private-sector participation, improved infrastructure, and better natural-resource management. The pace of change in Kyrgyzstan, Tajikistan, and Turkmenistan has been slower, for understandable reasons. Kyrgyzstan’s early political reforms long left the government rudderless, Tajikistan endured a five-year civil war, and Turkmenistan was stymied by Russia’s total control of its gas industry. Now these countries, too, are belatedly advancing. Central Asia has not become Switzerland. Corruption, political interference, and governance problems still afflict the countries’ economies, and the OECD continues to identify these as important obstacles to investment. The question is not whether Central Asia has solved these problems but whether it has changed enough to become investable. The answer increasingly is yes, it has. Moscow's offensive in Ukraine accelerated changes Washington had sought for decades. Secondary sanctions compelled Central Asians to develop new commercial avenues not subject to international restrictions. While Central Asian governments maintain important relations with Russia, they all seek pragmatic alternatives that reduce their former reliance on Moscow. The countries are expanding regional cooperation while reaching across the Caspian to the South Caucasus and beyond. The resulting Middle Corridor promises direct access to global markets. The measure of its success will be whether Kazakhstan and Turkmenistan gain trans-Caspian pipelines to transport their resources directly to Europe. In short, Central Asia is doing what Washington has long wanted it to do: become more...

U.S. Links Trusted Digital Infrastructure to Investment at C5+1 Conference

Stronger cybersecurity and trusted digital infrastructure could encourage greater U.S. investment in Central Asia, Mark Cameron said in Astana on September 29. Cameron, deputy assistant secretary in the State Department’s Bureau of South and Central Asian Affairs, was speaking at the C5+1 conference on artificial intelligence. He said data centers and trusted infrastructure would give American companies greater confidence to invest and expand their cooperation across the region. “The strongest house is built on the firmest foundation,” Cameron told reporters, linking cybersecurity to the development of advanced AI. Cameron said Washington sees private companies as central to the process, with government programs helping create conditions for investment and technological cooperation. “The United States has the deep belief that companies, given the opportunity, will find great solutions and new opportunities that many of us have never even considered before,” Cameron said. He said Washington has committed $5 million through CRDF Global for cybersecurity and digital-sector assistance. The support covers incident response, critical infrastructure protection, financial sector security, and cybersecurity policy. The C5+1 format brings together the United States and the five Central Asian countries. The conference comes ahead of Secretary of State Marco Rubio’s planned business delegation to Uzbekistan in mid-October, involving executives from more than 100 American companies alongside talks with the region’s foreign ministers. Kazakhstan Sets Out Its AI Development Model Kazakhstan’s vice minister of artificial intelligence and digital development, Bakhtiyar Mukhametkaliyev, described the development of an AI economy as a five-layer process. Energy comes first, followed by access to chips and graphics processing units (GPUs), information systems, high-quality data, and finally AI agents. Countries that attempt to deploy AI agents before building the infrastructure and data beneath them, Mukhametkaliyev said, are unlikely to realize their full economic value. He also framed data centers as a way for Kazakhstan to convert its energy and resource base into higher-value digital capacity. Mukhametkaliyev stressed that Kazakhstan does not intend to build its emerging AI ecosystem solely for the domestic market. He said the infrastructure should also help neighboring countries develop their AI industries and improve connectivity. He also pointed to drones, space technologies, startups, and workforce reskilling as areas where digitalization could create new markets and occupations. Kazakhstan’s ties with U.S. technology companies are also expanding. NVIDIA CEO Jensen Huang is scheduled to make his first visit to Kazakhstan on October 23, as the country develops data centers and NVIDIA-based computing infrastructure. Regional Plans for AI Development Kyrgyzstan focused on practical AI applications, human oversight, education, and local-language models. Niyazaly Bazarbaev, adviser to the minister of digital development and innovative technologies, said Kyrgyz and other Central Asian languages remain insufficiently represented in existing AI systems. He discussed work involving a Kyrgyz-language corpus of roughly five million words and efforts to prepare the school curriculum for an AI-driven economy. Tajikistan presented AI as a presidential priority. Hakim Ismoilzoda, first deputy director of the Agency for Innovation and Digital Technologies, highlighted Tajikistan’s initiatives at the United Nations on AI and its safe, secure,...

Turkmenistan Marks 35 Years of Independence Amid Reports of Shortages

Turkmenistan marked 35 years of independence on September 27 with a military parade and mass celebrations in Ashgabat. The festivities followed independent reports of food shortages and disrupted public transport in the capital. President Serdar Berdimuhamedov attended the parade at the State Tribune complex, where military units and armored vehicles passed before the country’s leaders. The official account described mounted formations and a simultaneous naval display on the Caspian Sea. A civilian procession followed, with decorated floats representing the country’s regions and economic sectors. Performers in traditional dress joined the celebrations, while the government presented Berdimuhamedov with an Akhal-Teke horse named Vatan. The anniversary program had begun before the holiday itself. On September 26, Berdimuhamedov attended a concert at Ashgabat’s Congress Center. According to state media, the performance included patriotic songs celebrating the president and his father, Gurbanguly Berdimuhamedov, who chairs the Halk Maslahaty. Official coverage presented the anniversary as a demonstration of national unity and economic progress. The celebrations also provided an occasion for state awards, while the president signed a decree pardoning 1,054 convicted Turkmen citizens ahead of the anniversary, according to a September 26 government report. He instructed the defense minister and law enforcement officials to arrange for their release and return to their families. The report did not provide a breakdown of their convictions. A separate decree declared September 28 a non-working day and moved the day off falling on Sunday, September 27, to September 29, extending the holiday break through Tuesday. However, independent reporting from Ashgabat described pressures on everyday life during preparations for the anniversary. On September 22, Chronicles of Turkmenistan reported reduced supplies of meat and rising food prices in the capital. Its correspondents said chicken legs usually sold for 16 manats per kilogram ($4.57 at the official rate) had become difficult to find. Chicken previously priced at 35 manats per kilogram was available only intermittently at the Paýtagt shopping center, where it now cost 39 manats. Vegetables and potatoes had also become more expensive. Chronicles of Turkmenistan attributed this partly to reduced supplies from neighboring Iran. The reports reflect a longer-running pattern. The Times of Central Asia previously documented shortages and rationing in state food stores, where subsidized staples remained scarce despite rising prices. In a separate September 21 report, Chronicles of Turkmenistan said many of Ashgabat’s buses had been diverted to preparations for Independence Day and the September 23 Halk Maslahaty meeting. Vehicles were carrying performers and other participants to rehearsals, while ordinary passengers faced long waits. The report described overcrowded services during rush hour, and said some taxi drivers had doubled short-distance fares from 10 to 20 manats per passenger. Turkmenistan declared independence from the Soviet Union on October 27, 1991. The authorities moved the annual holiday to September 27 in 2018, so this year’s official celebrations preceded the historical anniversary by one month.

Rubio to Lead Major U.S. Business Delegation to Uzbekistan for C5+1 Talks

U.S. Secretary of State Marco Rubio will lead a delegation including executives from more than 100 American companies to Uzbekistan in October. The visit will bring a substantial business contingent to talks with Central Asia’s foreign ministers in Samarkand. Sergio Gor, the U.S. special envoy for South and Central Asia, announced the visit in a statement published by the U.S. Embassy in India. Gor said the talks would focus on “deepening regional economic connectivity, enhancing energy security,” alongside cooperation on shared regional priorities. The delegation is expected in mid-October, alongside a C5+1 ministerial meeting. The C5+1 format brings together the United States and Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Bringing executives from more than 100 companies gives Rubio’s visit a substantial commercial component. The delegation’s composition should indicate which sectors Washington is ready to back following last year’s C5+1 agreements. In November 2025, Rubio announced his intention to visit all five Central Asian countries in 2026. Speaking ahead of the Washington C5+1 summit, he suggested such a tour could take a week. The Samarkand announcement gives a destination and timeframe for his regional engagement, although it does not establish an itinerary covering all five states. President Donald Trump hosted the five Central Asian presidents in Washington on November 6, 2025. Commercial agreements featured prominently in the summit, reflecting a greater focus on investment within the C5+1 framework. The U.S. Commerce Department said the “Deal Zone” business event held alongside the November 2025 C5+1 summit featured more than $25 billion in announced commercial deals. Air Astana’s agreement covered up to 15 Boeing 787-9 aircraft, comprising five firm orders, five options, and five purchase rights. Tajikistan’s Somon Air announced plans to acquire up to four Dreamliners and ten 737 MAX jets. Uzbekistan Airways finalized an order for eight additional Boeing 787-9 aircraft during the summit. Boeing said the purchase brought the airline’s total order to 22 Dreamliners, converting options from an earlier agreement into firm orders. In mining, Cove Capital and Kazakhstan’s Tau-Ken Samruk agreed to develop the Severny Katpar and Verkhne Kairakty tungsten deposits. The projected $1.1 billion investment includes two processing plants and a metallurgical facility. Kazakhstan’s technology announcements included a memorandum for $2 billion in advanced AI-chip procurement, involving NVIDIA, Freedom Holding, and the country’s digital ministry. Critical minerals cooperation has also advanced since the Washington summit. During a February 4 visit to the U.S. capital, Uzbek Foreign Minister Bakhtiyor Saidov attended a ministerial meeting devoted to the sector and held talks with Rubio. Saidov and U.S. Deputy Secretary of State Christopher Landau signed a memorandum on mineral supplies, covering the mining and processing of critical minerals and rare earths. Uzbekistan’s Foreign Ministry said the country was seeking foreign technology and investment to develop the industry, with an emphasis on value-added production. For Tashkent, the unresolved question is how much mineral processing American investors will finance inside Uzbekistan. October’s talks could clarify whether February’s memorandum will lead to domestic processing facilities, allowing the country to retain more of the...