• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10659 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10659 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10659 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10659 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10659 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10659 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10659 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10659 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%

Viewing results 1207 - 1212 of 3103

CAREC Ministers Approve Climate Action Plan and Launch Regional Climate Fund

At the 23rd CAREC Ministerial Conference held in Astana on November 8, member countries of the Central Asia Regional Economic Cooperation (CAREC) Program—Afghanistan, Azerbaijan, China, Georgia, Kazakhstan, Kyrgyzstan, Mongolia, Pakistan, Tajikistan, Turkmenistan, and Uzbekistan—endorsed a new Climate Change Action Plan (CCAP) and launched the CAREC Climate and Sustainability Project Preparatory Fund (CSPPF). These initiatives aim to strengthen regional collaboration on climate resilience, low-carbon growth, and sustainable development. The CAREC Program is a partnership of 11 countries and development partners that promotes sustainable development through regional cooperation, with the Asian Development Bank (ADB) hosting the CAREC Secretariat. In his address at the conference, ADB President Masatsugu Asakawa stated, “The approval of the CAREC Climate Change Action Plan and the establishment of the Climate and Sustainability Project Preparatory Fund are significant milestones in our collective efforts to address climate change. By working together, we can build resilient infrastructure, develop early warning systems, and create a greener future powered by renewable energy.” The CCAP, covering the period from 2025 to 2027, prioritizes initiatives aligned with the CAREC Climate Change Vision and focuses on four main areas to address climate challenges in the region. It aims to enhance climate risk preparedness, strengthen the water-energy-food nexus, promote low-carbon growth by reducing emissions and expanding renewable energy, and create a CAREC climate platform. The CSPPF will support CAREC countries in developing viable regional climate projects that align with their commitments under the Paris Agreement. On November 8, ADB signed fund contribution agreements with China’s Ministry of Finance and South Korea’s Ministry of Economy and Finance, generating an initial $5 million in funding for the CSPPF. Speaking at the Ministerial Conference, Kazakhstan’s Prime Minister Olzhas Bektenov highlighted the CAREC Program’s significance for Central Asia, noting that over the past 20 years, it has mobilized about $51 billion for the region, with more than $9 billion invested in Kazakhstan. During his visit to Kazakhstan, ADB’s Asakawa met with President Kassym-Jomart Tokayev to discuss ongoing cooperation and future initiatives. From 1994 to 2024, ADB financed projects in Kazakhstan valued at approximately $7 billion. Notably, ADB participated in the construction of the Western Europe–Western China highway corridor and the reconstruction of the Aktobe–Kandyagash road.

Solidarity Center: Central Asian Migrant Workers Face Low Pay and Unsafe Workplaces

Central Asian migrant workers face new challenges as they look for well-paying jobs, with economic shifts and political instability adding to the uncertainty. More women and young people also choose to migrate, often facing unique risks. Panelists at a recent Solidarity Center webinar highlighted that protecting these workers’ rights is more effective when countries in the region work together on safe migration plans. A Solidarity Center study involving over 1,000 migrant workers from Kazakhstan, Kyrgyzstan, and Uzbekistan found that Kyrgyzstan and Uzbekistan are the primary countries of origin, while Kazakhstan is becoming a growing destination. Most participants (58%) left due to low wages in their home countries, and 31% cited a lack of jobs as their main reason for migrating. Russia, once a top destination for Central Asian workers, has seen a drop in migrant numbers since its economy took a hit following Russia's invasion of Ukraine. A migrant worker from Uzbekistan shared that overtime hours weren’t paid, and medical expenses had to come out of his pocket if he got sick. According to Lola Abdukadyrova, Solidarity Center's regional director in Kyrgyzstan, this story reflects the harsh conditions many migrant workers face—no overtime pay, no sick leave, and frequent discrimination or harassment. Abdukadyrova noted that for nearly 30% of Kyrgyz migrant households, money for food is often a struggle. In Uzbekistan, this rate rises to 45%, as shared by Nodira Karimova, director of the Republican Social Information Center Istiqbolli Avlod. Abdukadyrova added that many migrants earn only enough for basic food, and they face delayed payments, heavier workloads without extra pay, and unsafe working conditions. “Kazakhstan has endorsed the Global Compact for Safe, Orderly and Regular Migration (GCM) and participates in various regional migration dialogues,” said Aleksandr Mukha, director of the Mangistau Regional Branch of the Kazakhstan International Bureau for Human Rights and Rule of Law. In another significant win for migrant worker rights organizations, Kyrgyzstan issued the GCM in August to improve conditions for Kyrgyz citizens who travel abroad to earn their livelihoods. The Times of Central Asia has previously written about how that Russia's ongoing war in Ukraine has increased pressure on Central Asian migrants.

Central Asia to Develop a Unified Platform for Electricity Trade

Uzbekistan's Deputy Minister for Energy Umid Mamadaminov announced at the European Economic Days in Tashkent on November 6 that a unified platform for electricity trade is being developed in Central Asia. Mamadaminov said that Uzbekistan is developing this platform with the support of the World Bank and other partners. “Infrastructure is very important for integrating renewable energy sources such as wind and solar, and many countries face this problem. We need at least 5,000 km of power lines, including 500 kV and 200 kV high-voltage lines and substations,” Mamadaminov said. At least 2,000 km of power lines should be built in the next two years. “We have already signed contracts to install more than 2,000 MW of energy storage systems with a total capacity of more than 400 MW, as each is a two-cycle network. We will have at least 4,000 MW of basic capacity in the next two years. This helps to respond to fluctuations in solar energy production quickly,” the deputy minister said. According to Mamadaminov, automation is the main problem in integrating renewable energy sources into the electric grid because the system cannot be controlled without it. In addition, this year, reforms to modernize and regulate energy consumption, including a new plan developed by the Cabinet of Ministers, were implemented in Uzbekistan. Uzbekistan’s energy system, especially electricity generation, relies heavily on fossil fuels. However, the country aims to produce 25% of its electricity from renewable sources by 2030. Uzbekistan plans to focus on solar energy while using wind, biomass, and hydro sources to achieve this goal. The government is working to attract investors to build 8 GW of solar and wind power and increase hydroelectric capacity to 1.935 GW by 2030. Biogas production from biomass and organic waste will also be developed.

Uzbekistan Bans the Use of Animals in Circus Performances

From January 1, 2025, Uzbekistan will ban the use of wild animals in circus performances. This law will affect all circuses, including traveling ones. The ban also restricts individuals' right to keep wild animals at home. The list of animals who must not be allowed to perform in circuses was published on the UzA's Telegram feed. These animals can be kept only in specialized institutions such as zoos, terrariums, and oceanariums established by legal entities with a permit from the Ministry of Ecology. Several countries have laws prohibiting the use of wild animals in circus performances. Corresponding bans are adopted in most European countries, Cyprus, Malta, Hungary, Croatia, Germany, Estonia, Latvia, Finland, Denmark, Ireland, Greece, Croatia, Bosnia and Herzegovina, as in many states of the USA and Canada, in Israel, China, Singapore, Bolivia, Argentina, Brazil, Panama, Paraguay, Peru, Iran, Chile, El Salvador, Ecuador, Australia, India, Taiwan, and many other countries. Kazakhstan will ban petting zoos and dolphinariums from January 1, 2025. In Russia, a bill to restrict the use of animals in circuses was discussed in 2023, but the final decision has yet to be made.

Organization of Turkic States Changes Its Flag

At the 11th summit of the heads of state of the Organization of Turkic States (OTS) in Bishkek, a new flag to represent the organization was adopted. The leaders of Azerbaijan, Kazakhstan, Kyrgyzstan, Turkey, and Uzbekistan—Ilham Aliyev, Kassym-Jomart Tokayev, Sadyr Japarov, Recep Tayyip Erdogan, and Shavkat Mirziyoyev—unanimously approved it as a symbol reflecting the Turkic world's shared values and cultural identity. The flag is designed on a turquoise background, symbolizing a clear sky, peace, and prosperity. In the center are a crescent moon, a star, and a sun with forty equal rays. These elements represent Turkic statehood, vitality, and aspiration for the future. The octagon, symbolizing centuries-old Turkic statehood and stability, expresses the participating countries' common cultural roots and interconnectedness. The sun's rays symbolize light and openness, and the crescent moon and star, well-known symbols of the Turkic world, emphasize the desire for development and progress based on a rich historical heritage. The Organization of Turkic States covers several countries in Eurasia and plays a vital role in their political and economic interaction. Its member countries are Azerbaijan, Kazakhstan, Kyrgyzstan, Turkey, and Uzbekistan, and its observer countries are Turkmenistan and Hungary. The OTS's headquarters are in Istanbul. Adopting the new flag was also a landmark step in strengthening the organization's international status. The first flag of the Organization of Turkic States was adopted in 2012. Earlier, Tokayev summarized the results of Kazakhstan's chairmanship of the Organization of Turkic States. The countries' leaders adopted the Charter of the Turkic World, while central banks of the OTS will create a new Council to strengthen financial cooperation.

Central Asia and South Korea Seek to Expand Cooperation

The 17th Central Asia–Republic of Korea Cooperation Forum, which took place in Seoul on November 4, addressed key areas of partnership between Central Asian countries and South Korea in sectors such as transport and logistics, energy, critical minerals, digital transformation, environmental issues, and tourism. Speaking at the forum, Kazakhstan’s Minister of Foreign Affairs, Murat Nurtleu, emphasized the importance of transport connectivity for the region’s sustainable economic growth. Kazakhstan is developing the Trans-Caspian International Transport Route to ensure safe and efficient cargo transportation from Asia to Europe. The Kazakh minister invited Korean companies to participate in major projects to expand the route’s capacity to 10 million tons of cargo annually. Addressing energy cooperation, Nurtleu highlighted Kazakhstan’s abundant natural resources, including rare earth metals and uranium. The Kazakh Foreign Minister expressed hope that Korean companies would join projects for resource extraction and processing and participate in a consortium to construct a nuclear power plant in Kazakhstan. Nurtleu stated, "Central Asian countries and the Republic of Korea are natural partners connected by a shared history, Altai heritage, and traditional trade relations dating back to the Silk Road era. The Republic of Korea is increasingly vital in the economic and technological development of the entire Central Asian region.” At the forum, Kyrgyzstan’s First Deputy Minister of Foreign Affairs, Asein Isaev, highlighted the growing role of South Korea as a high-tech nation interested in strengthening supply chains for energy resources and rare earth metals and developing transport and logistics routes with Kyrgyzstan and other Central Asian countries. As part of the forum, South Korea's President Yoon Suk Yeol met with the heads of Central Asian delegations and pointed out Korea’s interest in strengthening relations with Central Asian countries through the K-Silk Road initiative. This strategic program supports Korean infrastructure development in Central Asia in exchange for improved access to the region’s raw materials and critical minerals. During his visit to Kazakhstan in June, Yoon Suk Yeol emphasized the importance of strengthening the strategic partnership between Kazakhstan and South Korea to supply critical minerals.