• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10720 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10720 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10720 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10720 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10720 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10720 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10720 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10720 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%

Viewing results 7 - 12 of 1320

Opinion: A New Southern Gate – How the EU-Armenia Summit Unlocks a Critical Branch for the Middle Corridor

For the first time in its history, the European Union held a full summit with Armenia. The meeting, which took place in Yerevan on 4–5 May 2026, was not merely a diplomatic milestone for Armenia. It also sent a signal to governments thousands of kilometers away in Central Asia that the trade route linking Asia to Europe through the South Caucasus is becoming more real, and more politically backed, than ever before. The centerpiece of the summit saw the signing of a “Connectivity Partnership” between Brussels and Yerevan. The European Commission President, Ursula von der Leyen, described Armenia as "uniquely positioned" to connect Europe with the South Caucasus and Central Asia. Under the EU's Global Gateway program, investments in Armenia are expected to reach €2.5 billion. A further €3 billion is earmarked specifically for the Middle Corridor – the trade route that runs from China across Central Asia, over the Caspian Sea, through the South Caucasus, and into Europe. “We will support your integration into key transport networks like the Trans-Caspian Corridor. It is a route that is also of strategic importance for Europe, given the growing flows of trade between our two regions,” von der Leyen stated. A Route That Is Already Moving Fast The Middle Corridor, formally known as the Trans-Caspian International Transport Route (TITR), has grown at a pace that few predicted. Cargo volumes rose 70 percent in the first nine months of 2024 alone, reaching 3.4 million tons. By the end of that year, the total had climbed to 4.1 million tons – up from just 350,000 tons in 2021. The World Bank projects that the route could handle up to 11 million tonnes a year by 2030. It's important to maintain some perspective. These numbers are small fry when compared to the billions of tons of trade that moves between Europe and Asia by sea. However, the Middle Corridor does offer important diversification, particularly given the spillover effects of wars in the Middle East and piracy in the Red Sea. [caption id="attachment_48602" align="aligncenter" width="1274"] Image: Trans Caspian International Transport Route and it’s southern part, China-Kyrgyzstan-Uzbekistan Railway project. Source: middlecorridor.com[/caption] Where Uzbekistan Stands For Uzbekistan, the Middle Corridor is both an opportunity and a work in progress. In January 2025, President Mirziyoyev signed a decree to upgrade road and rail connectivity, and in September 2024, Tashkent co-founded the Eurasian Transport Route Association alongside Austria, Azerbaijan, China, Kyrgyzstan, Tajikistan, and Turkey. In December 2024, Uzbekistan sent its first block train all the way to Brazil – through Turkmenistan, Azerbaijan, and the Georgian port of Poti – proving the route is operationally viable. But costs remain a challenge. Shipping a 40-foot container via the Middle Corridor currently costs between $3,500 and $4,500, compared to $2,800–$3,200 on the Northern Corridor through Russia. Europe, meanwhile, accounts for only around 3 percent of Uzbekistan's exports and 13 percent of its imports — a share that Tashkent wants to grow significantly. The China–Kyrgyzstan–Uzbekistan (CKU) railway — a $8 billion, 573-kilometre project whose...

ADB Annual Meeting in Samarkand Unveils Major Energy, Climate, and Development Initiatives

The Asian Development Bank’s (ADB) 59th Annual Meeting concluded in the historic Uzbek city of Samarkand after four days of discussions focused on energy connectivity, climate financing, and economic resilience across Asia and the Pacific. Held from May 3 to 6, the gathering brought together government officials, development institutions, economists, and private sector representatives at a time of growing geopolitical and economic uncertainty. It marked the second time Uzbekistan has hosted the ADB Annual Meeting, following the 43rd edition in Tashkent in 2010. A central announcement at the meeting was the unveiling of a broader $70 billion regional infrastructure program aimed at accelerating energy and digital connectivity across Asia and the Pacific. The initiative is structured around two major pillars: a $50 billion Pan-Asia Power Grid Initiative focused on cross-border electricity systems, and a $20 billion digital connectivity component aimed at strengthening broadband and data infrastructure across the region. Together, these programmes are intended to reduce energy costs, improve reliability, and deepen regional economic integration. The Pan-Asia Power Grid Initiative (PAGI) In his address to delegates, ADB President Masato Kanda noted that PAGI seeks to support more interconnected and resilient infrastructure systems. "To survive and thrive in this new era, we must build deeply connected and resilient systems," he said, adding that stronger regional grids and digital networks can help countries manage rising energy demand whilst also accelerating the transition to cleaner power sources. The initiative seeks to integrate around 20 gigawatts of renewable energy capacity and the develop enough transmission infrastructure to expand electricity access for up to 200 million people. ADB officials said the bank would use its role as a regional convener to bring together governments, regulators, and private investors to overcome barriers that often slow regional infrastructure projects. The bank pointed to earlier success stories, including the Bangladesh-India power grid interconnection and the Monsoon Wind Power Project in Laos, as examples of cross-border cooperation supported through blended finance mechanisms. [caption id="attachment_37211" align="aligncenter" width="1536"] Image: TCA, Stephen M. Bland[/caption] Climate and Food Security Concerns Climate and environmental financing also featured prominently during the Samarkand meetings. On May 5, the ADB announced that the German government had joined the bank’s Nature Solutions Finance Hub with €5.5 million ($6.5 million) in grant co-financing, some of which has been earmarked for sorely needed watershed rehabilitation in Uzbekistan. The discussions also reflected growing concern over global food security and supply chain vulnerabilities linked to the ongoing war in Iran. Qingfeng Zhang, Senior Director of ADB’s Agriculture, Food, Nature, and Rural Development Sector Office, warned that disruptions around the Strait of Hormuz were increasing the cost of everything from energy to insurance, freight to fertilizer – placing additional pressure on food systems across Asia and the Pacific, including Central Asia. Unlike the shock caused by Russia’s invasion of Ukraine, which directly disrupted grain and fertilizer exports, Zhang said the current crisis was affecting agriculture primarily through higher operating and transportation costs. The Strait of Hormuz handles roughly one-quarter of global seaborne oil...

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...

Syrian Security Forces Detain Uzbek Fighters During Operation in Idlib

Syrian security forces have detained a group of Uzbek fighters during a security operation in the country’s northwest, according to two Syrian security officials cited by Reuters. The arrests followed unrest in Idlib province after the authorities attempted to detain an Uzbek militant accused of opening fire in Idlib city. According to Reuters, the incident escalated when armed Uzbek fighters gathered outside a government security facility demanding the release of the suspect. The protests later triggered a broader security sweep in several parts of the countryside, including the towns of Kafriya and al-Foua. Locals and Syrian officials said security forces deployed military convoys and reinforcements to the area, where sporadic gunfire was heard during the operation. It remains unclear how many Uzbek fighters were detained. The Syrian Interior Ministry did not immediately comment on the reports. The latest incident highlights ongoing tensions between Syria’s Islamist-led authorities and foreign militants who traveled to the country during the civil war that began in 2011. Many foreign fighters, including Uzbeks, fought alongside factions linked to current Syrian President Ahmed al-Sharaa before he formally severed ties with al-Qaeda in 2016. Reuters previously reported, citing a Syrian security source, that around 1,500 Uzbek fighters were believed to be living in Syria, some accompanied by their families. The Syrian government has attempted to integrate thousands of foreign fighters into the country’s newly reorganized military structures following the December 2024 ouster of former President Bashar al-Assad. Some foreign militants have assumed senior state roles, including a Jordanian commander of the Republican Guard and an Australian head of a newly established sovereign fund. Others, however, have resisted joining state institutions, creating continuing security concerns for Damascus. The recent operation marks the second major confrontation in Idlib involving foreign militants in recent months. Last year, Syrian government raids targeting foreign fighters near the Turkish border drew in Uzbek militants after clashes erupted around a compound linked to French jihadist Omar Diaby, also known as Omar Omsen. At the time, the U.S.-based Institute for the Study of War said Syrian transitional authorities were conducting “a low-level effort to target foreign fighters in Syria who have not integrated into the Ministry of Defense.” The institute reported that Uzbek militants had deployed to reinforce foreign fighters during clashes in Harem, a city near the Turkish border. The same report stated that Syrian authorities had arrested two prominent Uzbek foreign fighters in August 2025, contributing to growing dissatisfaction among Central Asian militant groups operating in Syria.

Uzbekistan’s Gas Output Falls by 15% as Imports Rise

Uzbekistan’s natural gas production fell by 15% in the first quarter of 2026, adding pressure to an energy system already strained by rising demand, aging infrastructure, and lower hydrocarbon output. The country produced 9.6 billion cubic meters of natural gas in January-March, down from 11.3 billion in the same period last year. The figures are based on data from Uzbekistan’s National Statistics Committee, which also listed declines in oil, coal, and gas condensate production. Oil output fell to 157,300 tons in the first quarter, compared with 160,800 tons in the same period last year. Coal production declined from 1.2 million tons to 1.1 million tons, while gas condensate output fell even more sharply, dropping from 296,600 tons to 242,300 tons. Motor gasoline production rose to 313,200 tons, while diesel output increased to 280,900 tons. The latest data reflect a longer shift in Uzbekistan’s energy balance. Uzbekistan was long a net gas exporter, supported by large Soviet-era fields, a broad domestic gas network, and access to the Central Asia-China pipeline system. That position has weakened as older fields have declined and domestic use has grown. Uzbekistan now has to cover demand from households, power plants, industry, and transport while trying to modernize the sector. That task is getting harder. The country’s permanent population reached 38.2 million people as of January 1, 2026, according to official statistics, leading to more strain on the grid. Imports have risen sharply to meet these needs. Uzbekistan spent $360.5 million on natural gas imports in the first quarter of 2026, a 2.2-fold increase from the same period last year. Meanwhile, gas export revenues fell to $36.7 million, down from $94.3 million a year earlier. That shift has regional weight. Uzbekistan imports gas from Russia and Turkmenistan. Russian gas reaches Uzbekistan through Kazakhstan, using a Soviet-era pipeline route that once moved gas in the opposite direction. Uzbekistan began receiving Russian gas in 2023, as Moscow sought new markets after losing much of its European gas business. The Times of Central Asia previously reported that Russian gas exports to Uzbekistan rose by about 30% in 2025, reaching more than 7 billion cubic meters through the Central Asia-Center pipeline system. Tashkent and Moscow have since discussed larger energy supplies. In April, Uzbek Prime Minister Abdulla Aripov and Russian Prime Minister Mikhail Mishustin agreed to increase deliveries of Russian oil and gas to Uzbekistan. The talks also covered wider cooperation in energy, industry, transport, and agriculture. More imports can help Uzbekistan avoid shortages, especially in winter, while supporting power generation and reducing pressure on households. But they also bring new costs, with higher imports weighing on the trade balance and increasing reliance on outside suppliers. That is a sensitive issue for a country trying to expand its domestic industry and keep energy prices stable. The government is trying to slow the production decline. Uzbekneftegaz has said that exploration work added 2 billion cubic meters of gas reserves and 40,000 tons of liquid hydrocarbon reserves in the first quarter. The company...

Opinion: Hormuz Crisis Pushes Afghanistan Aid Routes Toward Central Asia

The crisis surrounding the Strait of Hormuz is usually viewed through the lens of energy security or military escalation. But it also has another, less visible, humanitarian dimension. A recent article in The Guardian, “Calls for humanitarian corridor through Strait of Hormuz as Iran war hits vital aid,” points to a critical shift: because of the conflict involving the United States, Israel, and Iran, along with instability around Hormuz, traditional humanitarian supply routes are beginning to break down. For Afghanistan, this is no longer a theoretical concern but an operational reality. According to the World Food Programme (WFP), cited by The Guardian, the cost of delivering food to Afghanistan has tripled. Cargo that previously moved by sea through Hormuz and onward to Pakistani ports must now travel overland across multiple countries, adding weeks to delivery times. The consequences are felt most acutely by vulnerable populations, particularly children. Predictability is one of the core requirements of any humanitarian system, and that predictability is now disappearing. Some shipments are stranded in regional hubs. Routes are constantly changing. Fuel costs continue to rise. Even modest increases in oil prices significantly raise operational expenses for humanitarian agencies. For Afghanistan, the implications are severe. The country has been in a prolonged food crisis for several years, with millions dependent on external aid. Delays of even one or two weeks can directly affect malnutrition and mortality rates. According to United Nations estimates, around 3.7 million Afghan children are currently suffering from wasting, nearly one million of them from severe wasting, a condition associated with sharply elevated mortality risks. UNICEF estimates that in 2026 alone, 1.304 million children aged 6-59 months will require treatment for acute malnutrition, including severe cases and other high-risk groups. Another 1.2 million pregnant and breastfeeding women are also suffering from acute malnutrition. Under these conditions, even temporary disruptions in aid deliveries become a direct threat to human life. The situation is being compounded by several overlapping factors. First, instability around the Strait of Hormuz has made maritime routes both more expensive and riskier. Second, the Pakistani corridor, previously the main overland route, has become unreliable, as repeated border closures and restrictions have tied humanitarian deliveries to the fluctuating political and security relationship between Kabul and Islamabad. Third, Iran has imposed restrictions on food exports and has itself become part of the conflict zone, undermining its role as both a supplier and transit route for Afghanistan. Together, these developments are creating what can be described as a “triple crisis” for humanitarian logistics into Afghanistan. The previous aid delivery system is effectively ceasing to function. In response, the WFP is restructuring its logistics network. One solution has been increased use of the Lapis Lazuli Corridor: Turkey-Georgia-Azerbaijan via the Caspian Sea-Turkmenistan and Afghanistan. Although this route is longer and more expensive, it offers predictability and an alternative to disrupted maritime pathways. The key issue is no longer which route is cheapest, but which is reliable. This shift places Central Asia increasingly at the center of...