• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10864 0.56%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10864 0.56%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10864 0.56%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10864 0.56%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10864 0.56%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10864 0.56%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10864 0.56%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10864 0.56%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%

Viewing results 13 - 18 of 370

Meeting of the Organization of Turkic States Held in Baku

On April 2, Azerbaijani President Ilham Aliyev met with participants of a meeting of the heads of government of the Organization of Turkic States (OTS) in Baku, outlining key areas of cooperation. Among those attending were Turkish Vice President Cevdet Yılmaz, Uzbek Prime Minister Abdulla Aripov, Kazakh Prime Minister Olzhas Bektenov, Kyrgyz Prime Minister Adylbek Kasymaliev, Deputy Chairman of the Cabinet of Ministers of Turkmenistan Nokerguly Atagulyev, Prime Minister of the Turkish Republic of Northern Cyprus Unal Ustel, and OTS Secretary General Kubanychbek Omuraliev. Opening the meeting, Aliyev stressed the importance of dialogue. “This meeting of the heads of government of the Organization of Turkic States is being held in Baku. I warmly welcome you all,” he said. According to Aliyev, such meetings allow not only for the discussion of economic issues but also for reaffirming unity among member states. He noted that cooperation within the organization remains a priority of Azerbaijan’s foreign policy. He also reiterated a key message that ran throughout his speech: “We have repeatedly stated from various platforms that the Turkic world is our family; we have no other family,” Aliyev said. Special attention was devoted to economic cooperation. According to the president, trade between member states is growing, and investment volumes are increasing. He noted that Azerbaijan has invested more than $20 billion in the economies of OTS member states. Most of this has been directed to Turkey, though investment activity is expanding elsewhere. In particular, joint funds have been established with Uzbekistan, Kazakhstan, and Kyrgyzstan to support project implementation. Aliyev also thanked partners for their participation in the reconstruction of Karabakh. Facilities built with the support of OTS countries are already operational in the region, including the Mirza Ulugbek School, the Kurmangazy Children’s Creative Center, and the Manas School. In addition, a garment factory has been opened in Khankendi with the participation of Uzbekistan. He also highlighted mutual support among member states. Following the earthquake in Turkey, Azerbaijan financed the construction of the “Azerbaijani Quarter” in Kahramanmaraş, valued at $100 million. Transport and logistics projects were another key topic. According to the president, infrastructure development remains a top priority. These include the Middle Corridor, the Trans-Caspian route, and the Zangezur Corridor, all of which are gaining importance in the current geopolitical environment. Aliyev said that infrastructure within Azerbaijan is largely complete. Railways, the Baku port, highways, and airports are operational. Construction of the Zangezur Corridor is also progressing, with the highway nearly 90% complete and the railway approximately 70% complete. He also noted the construction of the Kars-Nakhchivan railway line in Turkey, which is expected to enable a new international route with an initial capacity of about 15 million tons of cargo. In conclusion, Aliyev said these projects are aimed not only at serving regional interests but also at expanding international transport connectivity. He expressed confidence that the meeting would contribute to the further development of the OTS and strengthen cooperation among member states.

Georgia May Replace Russian Oil with Imports from Turkmenistan and Kazakhstan

Georgia’s only oil refinery, owned by Black Sea Petroleum (BSP), plans to completely stop importing Russian oil and instead switch to crude supplies from Turkmenistan and, potentially, Kazakhstan. This was announced by the company’s CEO, David Potskhveria. According to Potskhveria, the shift would not only diversify supply sources but also open access to European markets. “We will completely replace Russian oil with Turkmen oil, and then with Kazakhstani oil. This will give us the opportunity to export products to the EU,” he said. The rationale is straightforward: imports of Russian petroleum products into the European Union are currently prohibited. Maintaining previous supply arrangements would effectively block access to European markets. However, switching suppliers presents logistical challenges. As Potskhveria noted, processing of Turkmen crude can begin only after transit issues through Azerbaijan are resolved. For now, logistics remain the main bottleneck. While the refinery is technically ready, implementation depends on securing reliable transport routes. The proposed move away from Russian oil follows earlier developments. In late February, the EU considered including the Kulevi port on a preliminary sanctions list due to its import and processing of Russian crude. The trigger was a shipment delivered in October 2025 by Russneft, involving approximately 105,000 tons of oil to the port of Kulevi. The shipment prompted criticism from the Georgian opposition, which accused the authorities of undermining the sanctions regime and appealed to European institutions. The Kulevi refinery is a relatively new entrant to the regional oil market. It began operations in December last year and has already outlined expansion plans. Its current processing capacity is around 1.2 million tons per year, with plans to increase this to 4.5 million tons. At present, the facility produces fuel oil, diesel, and other petroleum products. Future plans include expanding output to Euro-5 standard gasoline, jet fuel, and Eurodiesel. BSP’s international partners reportedly include Trafigura and Saudi Aramco.

Global Terrorism Index: Kazakhstan, Kyrgyzstan, Turkmenistan Show Zero Risk of Terrorism

The countries of Central Asia are among those least affected by terrorism globally, according to the newly published Global Terrorism Index 2026 report. However, the report suggests that the region’s stability is increasingly influenced by external factors, particularly its proximity to Afghanistan. Country scores are a composite measure made up of four indicators: incidents, fatalities, injuries and hostages. To measure the impact of terrorism, a five-year weighted average is applied. The main concentrations of terrorist activity remain in Africa and South Asia. The overall level of terrorism worldwide declined in 2025, although the nature of the threats became more complex and less predictable. The report indicates that no terrorist incidents were recorded in Kazakhstan, Kyrgyzstan, or Turkmenistan, who all scored 0 for terrorism risk, placing them all joint 163rd out of the 163 nations researched. Uzbekistan (95th) remains in the minimal-risk category. Tajikistan is the only country in the region with a higher threat level, ranking 41st globally. Central Asia’s relative stability is attributed to several factors, including robust security measures, the absence of active armed conflicts, and the limited presence of international terrorist organisations. Despite relative internal stability, risks to Central Asia are increasingly emerging from outside the region. The report highlights growing activity by extremist groups in Afghanistan and Pakistan, as well as worsening relations between the two countries, which could potentially escalate into open conflict by 2026. Particular concern is focused on the Tajik-Afghan border, where structural vulnerabilities persist. In addition to external pressures, experts are drawing attention to internal dynamics. The report notes an acceleration of radicalisation, particularly among young people, with digital platforms and online content playing a significant role.

Turkmenistan and CNPC Sign Deal on New Phase of Galkynysh Gas Field Development

Turkmenistan has signed a new agreement with China National Petroleum Corporation (CNPC) to advance the fourth phase of development at the Galkynysh gas field, one of the largest gas deposits in the world.  According to the state news agency TDH, CNPC will design and construct production facilities on a turnkey basis, including gas wells and infrastructure capable of processing up to 10 billion cubic meters of marketable gas annually. The agreement follows a presidential decree authorizing the state concern Turkmengaz to conclude a contract with CNPC’s subsidiary, CNPC Amudarya Petroleum Company Ltd. The document provides for the construction of gas treatment facilities and the drilling of a sufficient number of production wells to maintain the planned output level. According to reports by industry publication Nebit-Gaz, work on the fourth phase was expected to begin in early 2026. The overall development plan for the Galkynysh field is divided into seven phases. Information published on the Turkmengaz website, citing the international conference “Oil and Gas of Turkmenistan, 2025,” indicates that the first phase has already been completed and is operational. It includes three gas processing plants with a combined annual capacity of 30 billion cubic meters. Turkmenistan possesses the world’s fourth-largest proven reserves of natural gas, yet its export routes remain limited. The majority of gas exports, estimated at between 80% and 90%, are directed eastward through the Central Asia-China pipeline network, often referred to as the Turkmenistan-China corridor. This has resulted in a high degree of dependence on a single export destination. Efforts to diversify export routes have encountered persistent challenges. Proposed projects involving increased deliveries through Iran, trans-Caspian connections via Azerbaijan, or pipeline routes toward South Asia have been constrained by infrastructure limitations, financing issues, and geopolitical factors.  Analysts also note that delays in engaging with initiatives such as the European Union’s Southern Gas Corridor in the early 2000s reduced opportunities to expand Turkmenistan’s export geography.

War Reaches the Caspian: Central Asia Faces Growing Regional Risk

The United States and Israel's war with Iran began on February 28, 2026. The intensity of the conflict has fluctuated, but daily reports of missile strikes and explosions are increasingly resonating across Central Asia. Meanwhile, Russia’s latest war against Ukraine has continued for 1,466 days since it began on February 24, 2022. Late last year, Ukrainian drones reportedly struck a Russian oil platform at the Filanovsky field in the Caspian Sea, more than 700 kilometers from Ukraine’s nearest border. Ukraine also said the operation targeted the patrol ship Okhotnik, although the extent of the damage was not independently verified. The war in Ukraine has also created serious challenges for Kazakhstan’s oil exports via the Caspian Pipeline Consortium (CPC). Repeated attacks and disruptions have threatened export flows, increased logistical risks, and added pressure on Kazakhstan’s budget revenues. The war against Iran has now brought military action to the Caspian coast of Iran, raising concern for energy producers and transit routes across the wider region. On March 5, Azerbaijan’s Ministry of Foreign Affairs stated that drones launched from Iranian territory struck the Nakhchivan Autonomous Republic. According to the ministry, one drone hit the terminal building at Nakhchivan International Airport, while another crashed near a school in the village of Shekerabad. Azerbaijan demanded a thorough investigation. Iran later stated that it had promised to investigate the incident. Azerbaijan’s Prosecutor General’s Office subsequently opened a criminal case. As of now, tensions remain high, with both sides continuing to exchange accusations, and Azerbaijan maintaining heightened alert measures. More recently, the Israeli Defense Forces confirmed carrying out airstrikes in northern Iran, targeting naval vessels in the port city of Bandar-Anzali on the Caspian coast. The straight-line distance from Bandar-Anzali to Azerbaijan’s capital, Baku, is just over 300 kilometers, and approximately 420 kilometers to Turkmenbashi, a major international seaport and the center of Turkmenistan’s oil-refining industry. The resort zone of Avaza is also located there. By comparison, the distance from Israel to Bandar-Anzali exceeds 1,300 kilometers. These developments are contributing to rising economic uncertainty across Central Asia. The consequences extend beyond transportation and logistics disruptions, with broader implications for regional economies. The U.S. and Israel have not always appeared aligned on what would constitute victory, meaning the measure of success remains difficult to gauge. While the United States and Israel have repeatedly stated that significant damage has been inflicted on Iran’s military infrastructure (including destroying a substantial part of the Iranian navy), there is no publicly available, independently verified evidence confirming the extent of the damage to Iran’s leadership structure following the death of Ali Khamenei, Ali Larijani and other senior Iranian figures, or on Iran’s ability to mount an effective defence. Analysts have described Iran’s military resilience as decentralized, sometimes using the term "mosaic defense," meaning units can continue operating under standing orders even when senior leadership is hit. It is understood that, as part of this strategy, the Iranian military has spent decades refining its ability to operate as independent nodes, each equipped to conduct strikes under...

Xi Jinping and Berdymuhamedov Sr. Discuss Expansion of China-Turkmenistan Partnership

Chinese President Xi Jinping held talks with Gurbanguly Berdymuhamedov, Turkmenistan's former president and leader of its People's Council, during the latter’s official visit to China. The meeting took place on March 18 at the Diaoyutai State Guesthouse in Beijing, according to a statement from China’s Ministry of Foreign Affairs. Xi noted that China had recently completed its annual parliamentary meetings, commonly referred to as the “Two Sessions,” during which key socio-economic priorities were outlined. He said the country’s new development agenda would support modernization efforts and create additional opportunities for international cooperation. The Chinese president said that mutual political support remains central to the comprehensive strategic partnership between Beijing and Ashgabat. He reaffirmed China’s readiness to continue backing Turkmenistan on issues related to sovereignty, territorial integrity, and its internationally recognized policy of permanent neutrality. Xi and Berdymuhamedov discussed expanding cooperation in the energy sector, particularly natural gas supplies, as well as in trade, investment, transport connectivity, agriculture, artificial intelligence, the digital economy, and clean energy. Both leaders also highlighted the importance of aligning China’s Belt and Road Initiative with Turkmenistan’s plans to revitalize historic Silk Road trade routes. Humanitarian cooperation was another focus of the talks, including plans to develop educational and cultural exchanges and establish joint centers. The leaders also discussed coordination on regional security challenges, including efforts to counter terrorism, separatism, and extremism. Berdymuhamedov reaffirmed Turkmenistan’s commitment to the One China principle and expressed readiness to deepen bilateral cooperation in energy, infrastructure, and trade. He said closer ties with China were important for Turkmenistan’s long-term economic development and again noted Beijing’s support for the country’s neutrality policy. Chinese Foreign Minister Wang Yi also attended the meeting. As previously reported by The Times of Central Asia, the visit followed Berdymuhamedov’s trip to the United States in mid-February, the details of which were not fully disclosed. Shortly after his return, Turkmenistan’s President, Gurbanguly's son Serdar Berdymuhamedov, dismissed the country’s ambassador to the U.S. and its permanent representative to the United Nations. No official explanation was provided for the personnel changes.