• KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
25 October 2026

Viewing results 43 - 48 of 918

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,...

Golden Gate Ventures Plans Two-Year Program for Central Asian Startups in Uzbekistan

Singapore-based venture capital firm Golden Gate Ventures plans to launch a two-year program in Uzbekistan for 20 startup founders from across Central Asia, giving them access to mentors and the fund’s international network. Michael Lints, MENA founding partner at Golden Gate Ventures, announced the initiative during ICT Week Uzbekistan 2026, held in Tashkent from September 22 to 25. The program will be launched with IT Park Uzbekistan, while details of the application and selection process are expected later. Lints told The Times of Central Asia that Golden Gate Ventures had also opened an office in Tashkent in June and now plans to invest in Uzbek startups. “We have strong confidence in the potential of your country, the startup founders we are meeting here, and the companies they are building,” he said. “Last year, IT Park invited us, and one year later, we have our own office here.” The two-year program will connect the selected founders with Golden Gate Ventures’ network in Asia, the Middle East, the United States, and Europe. Lints said the fund sees Uzbekistan developing into an important startup center in Central Asia. Startups featured prominently at ICT Week this year. The event was promoted under the “Land of Startups” concept, with more than 50 startups presenting their products to investors and potential partners. ICT Week’s official program also brought venture investors, including Golden Gate Ventures, Gobi Partners, 500 Global, SparkLabs, and other funds to its Startup & Venture Summit. Farrukh Erkinov, Director of Startup and Venture Ecosystem Development at IT Park Uzbekistan, told TCA that the number of international investors and startup organizations attending events in Tashkent has changed considerably in recent years. “A conversation at a stand can later turn into an order, while a presentation can become an investment partnership,” Erkinov said. “A team that has created a product can meet, right here, the people who can help them develop it.” [caption id="attachment_57199" align="aligncenter" width="1774"] Alif, an international fintech company in Central Asia with projects in Uzbekistan, Tajikistan, and Pakistan, has a banner where visitors write their names or the names of their projects; image: ТСА[/caption] Among the regional participants was AI Academy from Kyrgyzstan. Product manager Emir Satykenov said the academy trains students in data engineering, data analytics, data science, machine learning, and AI engineering. According to Satykenov, more than 1,000 students have studied at the academy, while its wider AI community includes more than 2,500 people. Some courses are free, including programs for women and people who cannot afford tuition, with grants provided by Kyrgyzstan’s High Technology Park. The academy is also connected with Kyrgyz AI Research, whose developers are building open-source AI models for Kyrgyz, Kazakh, and other Central Asian languages. “Our AI model can work in Kazakh, Kyrgyz, and other Central Asian languages,” Satykenov said. “We also have an LLM model for text-to-text and image generation, and we are creating many open-source models in Kyrgyzstan.” [caption id="attachment_57201" align="aligncenter" width="1774"] The Huawei exhibition stand at ICT Week Uzbekistan 2026. Image: TCA[/caption] Elsewhere...

Opinion: Why Uzbekistan’s Presidential Administration Was Given Sweeping Powers and Broad Immunity

Saida Mirziyoyeva, the 41-year-old daughter of Uzbekistan’s president who has headed his administration since 2025, is taking an increasingly active role on the international stage. She participated in the 15th United Nations Congress on Crime Prevention and Criminal Justice in Abu Dhabi, and was received by UAE President Sheikh Mohamed bin Zayed Al Nahyan. During the meeting, the two sides discussed further expansion of cooperation between Uzbekistan and the United Arab Emirates. Combined with the law on Uzbekistan’s Presidential Administration adopted in August, Mirziyoyeva’s growing international profile raises a broader question: how far could her political influence extend? A New Legal Framework The Constitutional Law on the Administration of the President of the Republic of Uzbekistan, approved by the Senate on August 7 and signed by Shavkat Mirziyoyev a week later, on August 14, followed closely on the heels of a constitutional amendment establishing that the administration’s legal status and powers should be defined by law. Officially, the legislation was drafted to implement Article 109 of Uzbekistan’s Constitution. The article states that the president forms an administration and appoints its head to provide organizational, legal, and analytical support for the exercise of presidential powers. An amendment that took effect on July 25 added that the legal status, main tasks, organization, and powers of the Presidential Administration are to be determined by law. Saida Mirziyoyeva had been appointed head of her father’s administration in June 2025. When the bill, consisting of four chapters and 34 articles, was presented in the lower house of parliament, lawmakers said the experience of a number of countries had been studied. They included Turkmenistan and Taiwan, as well as Finland, the Czech Republic, Slovakia, Romania, Latvia, the United States, and Kazakhstan. Lawmakers cited these countries’ arrangements for regulating presidential administrations, offices, or chancelleries. The Uzbek law combines substantial administrative and coordinating authority with extensive immunity provisions for senior Presidential Administration personnel. Powers of a “Successor”? Under the new law, the head of Uzbekistan’s Presidential Administration has the authority to: introduce or eliminate additional staff positions and create or abolish project offices responsible for developing individual sectors and industries; coordinate and oversee administrative reforms in national and local executive bodies and submit proposals to the president on improving public administration; facilitate the introduction of key performance indicator systems in government bodies; appoint and dismiss certain officials of government bodies and organizations; create or abolish compliance units in government agencies, as well as positions for deputy heads or advisers responsible for compliance and internal anti-corruption controls. The head of the administration may also hire independent advisers on a contractual basis. Under the law, the head of the Presidential Administration also becomes deputy chair of the Security Council under the president and organizes and coordinates the activities of its members. Some Uzbek opposition figures, most of whom live and work abroad, see Mirziyoyeva’s expanded powers as adding weight to speculation that the president may be preparing his daughter as a possible successor. “She was already de facto the No....

What We Found at ICT Week Uzbekistan: Startups, Robots and the Next Wave of Digital Innovation

ICT Week Uzbekistan 2026 filled Tashkent’s Central Asian Expo with everything from biometric payment systems and health-monitoring AI to experimental satellites and drone football. Held from September 22 to 25, the annual technology event brought together more than 300 exhibitors from 51 countries, according to the organizers. Walking through the exhibition, The Times of Central Asia spoke with developers and startup founders from Uzbekistan and Tajikistan about the latest generation of Central Asian tech products, and attempts to bring engineering education beyond the region’s largest cities. [video width="1920" height="1080" mp4="https://timesca.com/wp-content/uploads/2026/09/document_5309977585415922252.mp4"][/video] Paying with a Palm or a Smile At the BRB Tech stand, the Uzbek fintech company demonstrated products that it has developed for the banking sector, including biometric payment systems that use a customer’s palm or face. The idea is straightforward: instead of taking out a card or phone at a shop or coffee shop, a customer could authorize a payment using biometric data. [caption id="attachment_57065" align="aligncenter" width="1024"] A representative of BRB Tech presents the company's smile payment and palm payment solutions for shops and coffee shops.[/caption] Company representative Muratbek Azamkulov told TCA that Smile Payment was undergoing testing and had achieved 99.9% accuracy. Palm Payment is initially being developed for Uzbekistan's Business Development Bank, but Azamkulov said the company plans to offer the technology to other banks as well. On a nearby stand, IT Park Dushanbe was trying pitch the Tajik capital as an attractive destination for technology companies. Hilola Safarova, head of marketing and public relations at the park, said it now has more than 100 residents and over 50 partners. The park offers technology companies tax benefits and customs preferences, including exemptions for qualifying imported equipment. [caption id="attachment_57064" align="alignnone" width="1024"] Hilola Safarova, Head of Marketing and Public Relations at IT Park Dushanbe, presents the park's services and opportunities for IT companies.[/caption] A Startup Trying to Make Banks Compete for Borrowers One of the smaller Uzbek startups at the exhibition was FINKO, founded by Jaloliddin Ibodov. Its model reverses the usual process of looking for a loan. Instead of approaching banks one by one, an individual or business submits information through FINKO. The application can then be sent to several banks and microfinance organizations, allowing the borrower to compare offers. The cheapest interest rate is not necessarily the only consideration. "One borrower may want a lower monthly payment, while someone else might prefer a longer loan. Another person will look for the cheapest interest rate," Ibodov said, adding that FINKO currently works with five banks and ten microfinance organizations and has around 30,000 registered users. The platform charges users 10,000 Uzbek soums, about $0.80, to submit an application and receives a commission from a partner bank when a loan is issued. For about a year, the founders financed development themselves. Ibodov said the startup has begun approaching venture capital firms as revenue starts to appear. From Robotics Clubs to Satellites A large part of the exhibition was aimed at a younger generation of engineers. Diyorbek Kodiraliyev of the...

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...

Lithuania Closures Highlight Limits of Central Asia’s Migration Shift Away From Russia

Lithuania will close external service provider centers that accept migration documents in Kazakhstan, Kyrgyzstan, and Uzbekistan on November 1. A day before the announcement, Lithuania’s Migration Department said external service centers in Central Asia had stopped accepting new applications from residents seeking to come to the country for work after receiving a very high volume of employment applications. Lithuania had also exhausted its annual quota for foreign workers earlier in September. Interior Minister Martynas Katelynas said the November 1 closures were prompted by security risks and the threat of terrorism. The centers act as intermediaries, accepting applications for Lithuanian residence permits and initiating migration procedures Lithuania’s State Security Department has previously reported identifying individual members of the Central Asian community with radical views or links to terrorism. In its annual threat assessment, the agency also said that Islamic State Khorasan Province, or ISIS-K, has been recruiting followers within Central Asian diaspora communities in Europe. However, the agency said it considers it unlikely that Lithuania itself will become a direct target for Islamist terrorists in the near term. The security decision comes as Lithuania has also reached its annual foreign-worker quota. The country set a quota of 24,706 foreign workers for 2026, which was officially declared exhausted on September 7. Once the quota is reached, a temporary residence permit based on employment remains available if the worker meets a higher salary threshold or belongs to certain high-value professions that are in shortage and meets the separate salary requirement for those professions. As of September 1, nearly 227,000 foreign nationals held valid residence permits in Lithuania. They included around 13,000 Uzbek citizens and 7,400 Tajik citizens. Demand for Lithuania has grown alongside broader interest in the European labor market. Between 2018 and 2024, the number of valid EU work permits held by Uzbek citizens increased roughly eightfold, those held by Kyrgyz citizens more than sevenfold, and those held by Tajik citizens more than fourteenfold. Poland has become one of the main destinations, Germany is expanding organized recruitment, and the UK has become an important source of seasonal work, while labor mobility programs are also emerging elsewhere in Europe. Conditions are also changing in Russia, which for decades has absorbed most of the region’s labor migrants. Following the March 2024 Crocus City Hall terrorist attack, the authorities tightened migration rules, expanded registration requirements, and introduced greater digital monitoring of foreign workers. In the first half of 2026, citizens of Uzbekistan, Tajikistan, and Kyrgyzstan made around 1.9 million entries into Russia declaring work as the purpose of their trip, down from more than 2.3 million a year earlier. The decline does not mean that there is no longer dependence on the Russian labor market. In the first quarter of 2026, Russia accounted for 72.4% of cross-border remittances to Uzbekistan. In Kyrgyzstan, a March 2025 estimate put the number of citizens living abroad at roughly 600,000; around 380,000 were registered with Russian migration authorities at the end of 2024. For Central Asian migrants, European migration...