• KGS/USD = 0.01143 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10724 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10724 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10724 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10724 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10724 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10724 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10724 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10724 0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%

Viewing results 31 - 36 of 2083

Mirziyoyev, Putin to Mark Launch of Uzbekistan Nuclear Plant Project

Uzbek President Shavkat Mirziyoyev will travel to St. Petersburg on June 4-5 for talks with Russian President Vladimir Putin and a ceremony marking the launch of Uzbekistan’s first integrated nuclear power plant project. Mirziyoyev is also due to address the 29th St. Petersburg International Economic Forum, according to the Uzbek president’s press service. Russian presidential aide Yuri Ushakov said the two leaders would join the launch ceremony by video link before holding talks at the Konstantinovsky Palace on the evening of June 4. The project has become one of the main energy initiatives in Uzbek-Russian cooperation. According to Russian officials, the planned facility in the Jizzakh region will include two large-capacity power units as well as two smaller units with a capacity of 55 megawatts each. The launch ceremony is expected to involve senior international and industry officials. Ushakov said that Rafael Grossi, director general of the International Atomic Energy Agency, Alexey Likhachev, director general of Rosatom, and Azim Akhmedkhadzhaev, head of Uzbekistan’s Uzatom agency, will participate from the construction site. Following remarks by the two presidents and Grossi, Russian and Uzbek nuclear officials are expected to report on technical readiness for the first concrete pouring at the site, formally launching construction work. The Times of Central Asia previously reported that initial concrete works began at the Jizzakh site in March, when Uzatom and Rosatom signed documents moving the project into practical implementation.

Washington Links TRIPP and Jackson-Vanik Repeal in Push Toward Central Asia

A notable strategic shift is taking place in U.S. foreign policy, one that could have a long-term impact on the economic architecture of Eurasia. After decades in which Central Asia and the South Caucasus were viewed largely through the lens of security, counterterrorism, and competition with Russia and China, Washington is increasingly emphasizing trade, investment, transport routes, and access to critical minerals. One of the clearest signs of this shift came during a recent hearing before the U.S. Senate Foreign Relations Committee, where Senator Steve Daines and Secretary of State Marco Rubio discussed the implementation of the U.S.-backed Trump Route for International Peace and Prosperity (TRIPP) framework, as well as the need to remove the outdated Jackson-Vanik trade restrictions. At first glance, these may appear to be separate issues: the peace process in the South Caucasus and Cold War-era trade legislation. In reality, however, they are closely connected. Together, they point to a broader U.S. effort to link Central Asia, the South Caucasus, and Western markets through trade, transport, and investment. In recent years, Republican Senator Steve Daines of Montana has emerged as one of the most active advocates of expanding America’s presence in Central Asia. As co-chair of the Senate Central Asia Caucus and one of the leading proponents of legislative efforts to repeal Jackson-Vanik restrictions, Daines has consistently argued for stronger trade and investment ties between the United States and the countries of the region. During the hearing, Daines placed particular emphasis on the importance of the Armenia-Azerbaijan peace process, describing it as one of the most underappreciated diplomatic efforts of recent years. According to the senator, resolving the conflict could open the door to a large-scale economic transformation of the wider region. Particularly noteworthy was his reference to a geopolitical concept associated with former U.S. National Security Advisor Zbigniew Brzezinski. In Daines’ formulation, Central Asia represents the “bottle,” while Azerbaijan serves as its “cork.” Opening transport routes through the South Caucasus, he argued, would allow flows of oil, gas, critical minerals, and other resources to move toward Western markets rather than toward Russia, China, or Iran. Daines said this approach helped address some of the most difficult issues in the Armenia-Azerbaijan settlement process and laid the foundation for what he called a “landmark agreement” after nearly four decades of conflict. Secretary of State Marco Rubio described TRIPP as an initiative capable of fundamentally transforming Armenia’s economic role in the region. According to Rubio, the framework not only addresses the issue of transport access, which had long been a source of disagreement between Baku and Yerevan, but also creates an opportunity for Armenia to become a major trade and logistics hub connecting Europe and Asia. Rubio described TRIPP as central to the Armenia-Azerbaijan settlement framework, emphasizing that the project could generate substantial investment flows and attract U.S. companies to infrastructure and transport projects across the region. Washington’s argument is that trade, transit, investment, and infrastructure can give the political settlement a stronger economic base. Unlike many previous peace...

Why the Caspian Is Becoming Eurasia’s New Energy Crossroads

Russia’s war in Ukraine and instability in the Middle East are accelerating the emergence of a new Eurasian energy architecture, with the Caspian region increasingly at its center. In international politics, moments when several global crises simultaneously create opportunities for new centers of influence are rare. Today, a vast area stretching from Central Asia to the South Caucasus is experiencing just such a moment. Russia’s invasion of Ukraine has fundamentally reshaped Europe’s approach to energy security. Tensions in the Middle East have also raised questions about the reliability of traditional energy supply routes. Meanwhile, the global energy transition is driving demand for both clean-energy sources and alternative transport corridors. Against this backdrop, the Caspian region is no longer viewed as a peripheral economic space. It is increasingly emerging as a critical hub in Eurasia’s evolving energy system. Baku Energy Week 2026 shows how far this shift has come, highlighting Azerbaijan’s transformation from a traditional oil and gas producer into a strategic connector linking Central Asia, Türkiye, Europe, the United States, and the Middle East. One of the forum’s most significant political signals came in the form of a message from U.S. President Donald Trump to participants. His remarks went beyond a routine diplomatic greeting and reflected a broader shift toward a more pragmatic view of global energy policy. Trump described the United States as a strong supporter of Azerbaijan’s oil and gas industry and said the U.S.-Azerbaijan energy partnership would become more important in the years ahead. For much of the past decade, Western energy strategies appeared increasingly focused on rapid decarbonization and climate objectives. However, rising energy prices, Europe’s energy crisis, and growing global electricity demand have prompted policymakers to reassess those priorities. Trump openly reaffirmed support for the oil and gas sector and emphasized that the United States remains a long-standing energy partner of Azerbaijan. More importantly, Washington appears to recognize Baku’s strategic role in global energy security. The Trump administration increasingly views energy security as an element of geopolitical competition and is prepared to support projects that diversify supplies of hydrocarbons and critical raw materials. Speaking at the opening of Baku Energy Week, Azerbaijani President Ilham Aliyev said Trump’s policies had helped return energy policy to “normality.” Aliyev also noted that the oil and gas industry had faced sustained pressure from advocates of a rapid energy transition. It was therefore no coincidence that Azerbaijan signed a series of agreements during the forum with major American companies, including Chevron, JPMorgan, Oracle, and Comstock Resources. Particularly noteworthy was a cooperation agreement covering critical minerals and rare earth elements. For Washington, access to these resources is increasingly a matter not only of energy policy but also of technological and national security amid intensifying competition with China. In effect, Washington is beginning to view Azerbaijan as an important platform in a changing Eurasian energy map. While Washington is signaling renewed political backing, Turkish President Recep Tayyip Erdoğan remains one of the principal architects of the region’s practical integration. Over the past...

Eco Expo Opens in Samarkand as Uzbekistan Pushes Green Investment

Eco Expo Central Asia 2026 opened on June 2 at the Expo Center of Silk Road Samarkand, placing Uzbekistan’s green economy plans before officials, lenders, companies, scientists, and environmental groups already gathered in the city. The exhibition is scheduled to run through June 4 and is being held alongside the Eighth Assembly of the Global Environment Facility, one of the main global forums for environmental finance. The timing gives Uzbekistan a rare week of attention on climate, water, biodiversity, and clean technology. The GEF Assembly runs from May 30 to June 6 in Samarkand. The GEF says its Assembly is its highest governing body, made up of 186 member countries, and meets once every four years. GEF Council meetings are scheduled from May 31 to June 3, before the formal Assembly sessions later in the week. Eco Expo has a more practical focus. Its exhibition sections include protected natural areas, clean technology, green construction, transport, and energy, sustainable agriculture, green finance and green cities, ecotourism, water-saving technologies, environmental education, artificial intelligence in ecology, and the Aral Sea region. The business program includes lectures, seminars, panels, and roundtables for registered visitors. Uzbekistan’s state news agency UzA has said that approximately 10,000 participants from Uzbekistan and abroad are expected. The exhibition will include more than 68 pavilions for environmental products, plus 20 pavilions for startup projects from Central Asian countries. Organizers also plan more than 50 forums, presentations, and discussion platforms on green energy, waste recycling, water resource management, and sustainable development. The exhibition - organized by Uzbekistan’s National Committee on Ecology and Climate Change with Business Congress Management - is designed to turn local environmental plans into fundable projects. Regions and districts across Uzbekistan have prepared proposals for donors and investors, covering climate adaptation, better use of natural resources, and practical steps to make local economies more resilient. For Uzbekistan, the meetings are a chance to move from broad pledges to project lists, budgets, and partners. Farms need more efficient irrigation; cities need cleaner transport and better waste systems; protected areas need long-term funding. The expo brings those needs into one room with development banks, UN agencies, foreign governments, and companies looking for green projects. The GEF meetings bring the process closer to the expo floor. The fund says it has provided more than $26 billion in financing over three decades, and has helped mobilize another $148 billion for country-led environmental projects. In Samarkand, the 71st GEF Council meeting opened ahead of the Assembly and Eco Expo. Its agenda includes biodiversity protection, sustainable infrastructure, renewable energy, energy storage, the GEF-9 programming strategy, and support for vulnerable countries. Uzbekistan already has a working portfolio with the GEF, which includes 13 projects worth $56 million and five more projects worth more than $30 million in the pipeline. The projects cover biodiversity, snow leopard protection, restoration of ecosystems in the Aral Sea region, climate resilience, land management, and waste management. The week arrives as Uzbekistan faces rising climate stress. The World Bank has described...

Eurasian Film Festival in London Showcases Cinema from Central Asia and Beyond

The ninth edition of the ECG Eurasian Film Festival has concluded in London, bringing together films from Central Asia, the Caucasus, and the wider post-Soviet space. The festival, held in partnership with the Romford Film Festival, was created to promote Eurasian cinema in the English-speaking world and connect filmmakers from the region with international audiences and industry professionals. It is also listed by FestivalFinder, the European Festivals Association’s platform for film festivals. The festival still gives filmmakers from smaller Eurasian film industries access to London audiences and industry professionals. Too often, movies from across Eurasia are framed through a narrow lens as “regional,” “political,” or useful mainly for their cultural differences. The London program suggests something broader. Its strongest entries were not simply statements about places, but stories about youth, memory, technology, art, identity, and imagination. This year, the top prize went to K-Poper by Iranian director Ebrahim Amini. The film follows a teenage girl who becomes fascinated by a Korean pop star and dreams of traveling to Seoul, despite her mother’s opposition. It is a story rooted in Iran, but its subject is immediately recognizable: pop culture, generational tension, and the private worlds young people build for themselves. Other winners showcased the range of the program. The animation prize went to Swiss photographer Bellopropello for a film about the way smartphones are reshaping human behavior. Best Documentary was awarded to Russian director Vladimir Sumashedov for a film about an artist who tries to confront the violence of World War II through art. The Best Book Trailer award went to Armenian writer Elena Aslanyan’s The Gold of the Aryans. Central Asian works also formed a key part of the selection. The Uzbek film Batyr Zakirov & Frank Sinatra: The Meeting That Could Have Happened... won the Audience Choice Award, imagining a cultural encounter between the Soviet East and American popular music. Kazakhstan was represented by Saule Rysbaeva’s Children, the Seeds of the Future, while Uzbekistan’s Legends of the Great Silk Road revisited the region’s cultural inheritance through animation. The value of festivals like ECG is not only in the awards. It is in giving audiences a chance to see Eurasian cinema as cinema first: varied, ambitious, and fully part of the global film conversation.

Uzbekistan Population Growth: 20 Years To Use a Window of Opportunity

Uzbekistan has a limited window of opportunity to turn its rapidly growing young population into a driver of long-term economic growth, according to a new study on demographic trends and human capital development in the country. The report, produced as part of a broader regional study on Central Asia, analyzes the prospects of young people up to the age of 24, as well as the impact that a range of investments in their well-being could have on national development through 2050. Approximately 60% of Uzbekistan’s population is under the age of 30. As this generation enters the workforce, the country is expected to gain the largest labor force in its history. Researchers argue that this creates the conditions for a “demographic dividend,” a period during which a high proportion of working-age citizens can accelerate economic growth and boost productivity. However, the report warns that such an outcome is far from guaranteed. Uzbekistan’s demographic opening is also a labor-market test. UNDP has estimated that around 700,000 young people enter the country’s job market each year, while warning that many graduates still lack practical, market-relevant skills. That makes education, vocational training, and job creation central to whether population growth becomes an economic advantage or a source of pressure. “Uzbekistan risks missing the opportunity for accelerated economic growth due to underdeveloped human capital,” the authors state. One indicator of the challenge is Uzbekistan’s score of 0.6 in the World Bank’s Human Capital Index. This suggests that children born in the country today are likely to realize only 60% of their potential future productivity compared with what would be possible with full access to quality education and good health outcomes. The UN has framed the issue in similar terms, saying targeted investments in early childhood, including health, nutrition, early learning, and social protection, could help close Uzbekistan’s human-capital gap and generate additional economic returns by 2050. Uzbekistan’s population is projected to grow from approximately 38 million people in 2025 to more than 40 million by 2030 and reach around 52 million by 2050. In 2024, the country was home to 11.3 million children under the age of 15, 23.9 million working-age adults, and 2.2 million people aged 65 and older. By 2050, the working-age population is expected to exceed 33 million, while the number of elderly citizens is projected to triple to more than 6 million. Researchers note that Uzbekistan is currently in what demographers describe as the “early-dividend” phase, during which fertility rates gradually decline while the share of working-age citizens continues to rise. The average number of children per woman has fallen from more than four in the early 1990s to approximately 3.45 in 2025 and is expected to decline further to 2.55 by mid-century. The report’s authors argue that the next two decades will be critical for Uzbekistan’s future economic trajectory. They recommend increased investment in education, healthcare, nutrition, child protection, social protection, water supply, sanitation infrastructure, and labor market development. According to the study, investments in human capital during the...