• KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10820 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10820 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10820 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10820 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10820 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10820 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10820 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10820 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
13 December 2025

Viewing results 235 - 240 of 454

Testing Limits: Marathoners Head For the Shrinking Aral Sea to Run in the Desert

The dry bed of the Aral Sea, a symbol of ecological disaster in Central Asia, will host one of the world’s more extreme marathons on Sunday. Supported by aid stations and medical staff, a small band of athletes will run on sand, gravel and stones, inhaling salty air in scorching temperatures and bracing themselves against strong winds. The Aral Sea Eco Marathon is being held in Karakalpakstan, Uzbekistan and planners aim to draw attention to what was once the fourth biggest saltwater lake and is now about 10 percent of its original size. Race promoters also want to highlight the need for sustainable use of water. The marathon roughly coincides with the United Nations-designated day to combat desertification and drought, which falls on June 17.  Andrey Kulikov, founder of the ProRun running school in Uzbekistan, ran a marathon distance in the area last year with American ultramarathoner Dean Karnazes in 4:51:18. Kulikov planned this year’s event with the help of Aziz Abdukhakimov, Uzbekistan’s minister of ecology, environmental protection and climate change. A limit of 100 runners was set, though far fewer signed up. Still, Kulikov said participants are from countries including Japan, China, France, Pakistan, Kenya, Togo and the Philippines. He hopes to expand the event next year. Uzbek participant Denis Mambetov said in a text interview on Telegram that he is taking part because of “a passion for adventure, for something new and unusual, to test one’s strength, and, of course, to draw the attention of others to an environmental problem of global proportions.” The Aral Sea, which lies between northern Uzbekistan and southern Kazakhstan, began shrinking significantly in the 1960s when water from the rivers that fed it was rerouted for Soviet-led agricultural irrigation. The subsequent emergency of the Aralkum Desert and the sand and dust storms arising from the world’s newest desert have polluted the environment and severely affected health in local communities. There are regional and international efforts to restore the Aral Sea ecosystem, including seed-planting and the implementation of water-saving technologies. The five Central Asian countries - Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan – formed a group three decades ago, soon after independence from Soviet rule, to address the problem. The gap between goals and results is wide, though the countries are recognizing the wider threat of water scarcity as the planet becomes hotter.  “Colleagues are well aware that the problem of water shortage in Central Asia has become acute and irreversible and will only worsen in the future,” Uzbek President Shavkat Mirziyoyev said at a regional meeting on the Aral Sea last year. “Experts believe that in some regions of Central Asia pressure on water resources will increase three times by 2040. Economic damage could eventually reach 11 percent of regional gross product.” Nurbek Khusanov, who will run the marathon on Sunday,  works at SQB, a top bank in Uzbekistan, and is a leader of its efforts to promote “green” policies that aid the environment. The marathon will “attract more people to the Aral...

Eurasian Connectivity Comes One Step Closer at the 2024 CAMCA Forum in Bishkek

The wider Eurasia region took another step towards cooperation and connectivity last week, as the 10th annual CAMCA Regional Forum was held in Bishkek. CAMCA – standing for Central Asia, Mongolia, the Caucasus and Afghanistan – is an initiative to accelerate dialogue between governments, private enterprises and media figures from these ten nations. Organized by the Washington, D.C.-based Central Asia-Caucasus Institute and the Rumsfeld Foundation, this year’s Forum – the first such event to take place in Kyrgyzstan – featured over 300 delegates across its two days, and presented insights from over 70 speakers. Attendees came from 25 countries in total. Professor Frederick Starr, the Central Asia-Caucasus Institute’s chairman, used his opening address to call on the countries of the region to start preparing for a future within a cohesive international bloc. Dr Starr reasoned that Russia and China, imperial powers that have traditionally had a controlling presence in Central Asia, may see their global influence wane in the coming decade. This would give the countries of Central Asia, and their neighbors, more space to create projects that serve their economies directly. A leading CAMCA regional project is the ‘Middle Corridor’ trade route, which bypasses Russia to transport goods more efficiently between Europe and China. Discussions are also taking place concerning the creation of single business and tourist visas for the whole Central Asia region. The importance of collaboration between countries in the Caucasus and Central Asia to mitigate the impact of climate change has never been so great. Addresses by senior members of the Kyrgyz government highlighted the progress that Kyrgyzstan has made since the administration of president Sadyr Japarov began its work in 2021. The country’s deputy prime minister Edil Baisalov reported that Kyrgyzstan is on track to double its GDP to $30 billion by 2030, while the minister for digital development, Nuria Kutnaeva, spoke about the rapid digitalization of the country’s government services.  In a noticeably warm and collaborative atmosphere, the event nonetheless highlighted the barriers that prevent the ten countries from forming a tangible ‘CAMCA’ space in the present. A key goal is the harmonization of their legislation and policy directions; however, no delegates from Tajikistan could travel to Bishkek for the Forum, as otherwise solid relations between Tajikistan and Kyrgyzstan are still strained by a dispute over their common border. Likewise, Armenian voices were also absent this time, in light of several of the sessions featuring Azerbaijani speakers and talking points. The event featured only one guest from Turkmenistan.  Even in these conflicts, however, Central Asian diplomacy is at work. The conflict on the Kyrgyz-Tajik border, mainly in Tajikistan’s Vorukh district, is being resolved through negotiations between the two countries’ governments, which would have been unthinkable even five years ago. Meanwhile, Kazakhstan is acting as a mediator between Baku and Yerevan in the aftermath of the war in Nagorno-Karabakh. Other topics on the agenda included security priorities for Central Asia, digital innovation in business, cooperation with Afghanistan, transitions in global energy markets, and infrastructure projects...

USAID Supports Central Asian Women Working in Hospitality

The U.S. Agency for International Development (USAID) and the International Association of Businesswomen “Tadbirkor Ayol” last week hosted a Central Asian Conference on “Women of Central Asia in the Hospitality Business: Current Challenges and Opportunities”. The event in Tashkent attracted some 200 women entrepreneurs, professionals, and industry experts from Uzbekistan, Tajikistan, and Kyrgyzstan to discuss achievements, trends, and challenges in the region’s hospitality sector. As reported by the U.S. Embassy in Uzbekistan, the conference focused on service quality, digitalization, and modern standards in tourism, culminating in recommendations to enhance regional cooperation in tourism and hospitality. Praising the resilience and creativity of women in the hospitality industry and emphasizing their role in the sector’s future, Edward Michalski, USAID Deputy Mission Director in Uzbekistan, commented: “Investing in women and girls is essential to transforming communities. When women do better, families do better, communities do better, and countries do better.” Gulnora Makhmudova, Chairwoman of “Tadbirkor Ayol,” noted that the growing importance of the region’s hotel business and the increasing involvement of women, had spurred the association into launching “Women in the Hotel Business: Hospitality from the Future;” a project aimed to introduce innovation and digitalization in the hospitality sector. Since its launch in April 2024, with support from USAID, the project has provided training for 115 women in modern hotel management in Tashkent, Andijan, and Samarkand.  

Uzbekistan to Establish International Financial and Technology Center

On June 13, Tashkent hosted the inaugural meeting of the Working Groups on the development of Uzbekistan’s capital market and creation of the International Financial and Technology Center. The event which also addressed the development of the Law on Alternative Investments, was organized within the framework of the Foreign Investors Council under the President of Uzbekistan. Representatives of international financial organizations and Uzbekistan’s business community joined heads of Uzbek ministries and foreign investors in discussions on the establishment of an International Financial and Technology Center, with an emphasis on attracting financial technology companies to Uzbekistan. The Uzbek Ministry of Investment, Industry and Trade reported that the agenda also included the development of a law governing the Center's operations as well as the creation of a strategy to promote opportunities offered by the center to entice foreign investment in Uzbekistan. According to experts, the launch of the Center will ensure long-term sustainable investment growth, increase the country’s GDP by 1% annually, and attract portfolio investments amounting to $7-$8 billion by 2028. It is also expected to create 15-20 thousand new highly skilled jobs over the next ten years. The meeting also reviewed draft amendments to the Law of the Republic of Uzbekistan "On Joint Stock Companies and Protection of Investors' Rights" and the concept of the law "On the International Financial and Technology Center".

Uzbekistan’s Soaring Air Transit Potential

Located at the heart of Central Asia, Uzbekistan offers great potential for air transit. According to the Transport Ministry of Uzbekistan, the country’s airspace transit routes comprise a 60% flow between Southeast Asia and Europe; 20% between the Middle East and China, Korea, and Japan; 10% between the Middle East and Russia; and 10% between Southeast Asia and Canada and the USA. The State Unitary Enterprise Uzaeronavigation, operating under the Ministry of Transport and responsible for air traffic control in Uzbekistan, currently serves over 500 airlines from around the world. As evidenced by the growth of traffic in the Uzbek airspace, routes through Uzbekistan are becoming increasingly profitable for many countries’ air carriers. Last year, Uzaeronavigation served 188 thousand flights, including 143 thousand by foreign airlines. Between January and April 2024, over 74 thousand flights were serviced in Uzbekistan’s airspace, an increase of 30% compared to the first quarter of 2023. Flights operated by Uzbek airlines rose by 42% to over 17 thousand, and those operated by foreign airlines increased by 26% to 56 thousand.      

The Aral Sea: Addressing Water Issues, Crisis, and Striving for a Better Life in Central Asia

By Arindam Banik and Muhtor Nasirov   The world is currently grappling with the devastating impact of climate change, as rising temperatures have become an undeniable reality. In January 2024, the global temperature exceeded normal levels for the second consecutive month, pushing the global average temperature over the 1.5-degree threshold for the first time. Many human activities, such as unplanned water use, excessive groundwater extraction, and climate change, are thought to be contributing to this situation. One poignant example is the case of the Aral Sea in Central Asia. This once breathtaking and teeming endorheic lake, nestled between Kazakhstan and Uzbekistan, was not just a body of water. It was a symbol of life, a testament to the beauty and resilience of nature. Its azure waters and diverse marine life were a source of sustenance and livelihood for the region's people. It was a vibrant ecosystem, nourished by the almost entire flow of the two main rivers, the Amu Darya and the Syr Darya, in the upstream region of Central Asia. Interestingly, the Amu Darya River used to flow into the Caspian Sea through Uzboy Channel. However, a significant shift occurred during human settlement when the flow of these rivers was redirected into the Aral Sea, marking a crucial turning point in the region's hydrological history. Despite its former glory as the third-largest lake in the world, covering an area of 68,000 km2 (26,300 sq miles), the Aral Sea began shrinking in the 1960s after the rivers that fed it were diverted to support large-scale irrigation for cotton production intended for export. The irrigated area in the Aral Sea Basin has now expanded to eight million hectares. By 2007, it had decreased to only 10 percent of its original size, dividing into four lakes. By 2009, the southeastern lake had vanished, and the southwestern lake had shrunk to a thin strip at the western edge of the former southern sea. In the following years, occasional water flows partially replenished the southeastern lake. In August 2014, NASA satellite images revealed that the eastern basin of the Aral Sea had completely dried up, leading to the formation of the Aralkum Desert. This dramatic change has severely impacted the ecology, risking the survival of numerous fish subspecies and three endemic sturgeon species. The loss of these species disrupts the natural balance and affects the livelihoods of the local communities that depend on fishing. The herring, sand smelt, and gobies were the first planktivorous fish in the lake, and their decline led to the lake's zooplankton population collapse. Consequently, the herring and sand-smelt populations have not recovered. Except for the carp, snakehead, and possibly the pipefish, all introduced species survived the lake’s shrinkage and increased salinity. In an attempt to revive fisheries, the European flounder was introduced. This situation is urgent as the delicate balance of this ecosystem is on the verge of collapse. The region's once-prosperous fishing industry has been devastated, leading to unemployment and economic hardship. Additionally, the diverted Syr Darya River...