• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10501 -0.38%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10501 -0.38%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10501 -0.38%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10501 -0.38%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10501 -0.38%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10501 -0.38%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10501 -0.38%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10501 -0.38%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%

Viewing results 517 - 522 of 1163

Uzbekistan to Head CIS Interstate Space Council

Uzbekistan will head the Interstate Space Council of CIS countries for 2024-2025, and Shukhrat Kadirov, Director of the Uzbekcosmos agency, was unanimously elected as the council chairman. This decision was made at the Fifth Council meeting, which was held in Tashkent. According to CIS rules, the council's chairmanship is passed alphabetically between the participating countries; Tajikistan held the previous chairmanship. Kadirov proposed enhancing cooperation in space education and initiating joint projects to train young specialists. He also noted that the council faces ambitious tasks, including coordinating within the UN and deepening cooperation in space technologies. In August this year, Uzbekistan announced its accession to the 1967 treaty on the exploration and use of space. It was also reported that Uzbekistan will not send weapons of mass destruction into space; the country has advocated reducing the risk of space militarization. The CIS Interstate Space Council is an organization established to coordinate the efforts of CIS countries in space activities. The Council deals with space research, technological developments, and the implementation of joint projects in the space sphere. The organization's importance lies in strengthening cooperation between the countries in using space technologies for scientific research, communications, and navigation. The Council also works on coordination within international organizations such as the UN.

Malaysian Meraque Group to Invest in Uzbekistan’s Agriculture Sector

The Ministry of Agriculture of Uzbekistan has reported that a memorandum of understanding on agricultural technologies was signed between the leading Malaysian DroneTech company Meraque Group and the Ministry of Agriculture of Uzbekistan. This cooperation aims to improve the Uzbek agriculture sector, which includes 4.3 million hectares of cultivated land. Meraque intends to invest 20 million Malaysian ringgits ($4.78 million) in the next three years to establish a production enterprise that will create 1,000 jobs and serve 100,000 hectares of agriculture in Uzbekistan. The company is also looking to raise an additional 30 million ringgit ($7.17 million) for technological improvements in the region. The report reads: “A key part of the partnership will be policy development to create an ecosystem of drones for agriculture that will improve productivity and sustainability for the country’s 100,000 farmers. Meraque also focuses on training and knowledge sharing through training programs to support drone operations.” Razali Ismail, CEO of Meraque, said that this cooperation will sustain the development of the two countries' agriculture. The Times of Central Asia previously reported that in April of this year, the European Union presented €6 million ($6.4 million) to the Uzbek government to support the country’s National Food Security and Healthy Nutrition Strategy. In addition to the grant, the EU has also provided funds to help the Ministry of Agriculture carry out reforms. Further funding of €20 million ($21.4 million) will be issued later this year and next to support Uzbekistan’s National Agriculture Development Strategy for 2020-2030. Also, 3 million hectares of pastoral and agricultural lands have been degraded in Uzbekistan, and almost 2 million hectares have become saline. According to experts, by 2030, water resources in the region are in danger of decreasing by nearly 6% due to climate change. In response, Uzbekistan has developed a national program for adapting agriculture to climate change and mitigating its effects, which allocates more than $294 million in grants.

Kazakhstan Chairs International Fund for Saving the Aral Sea

Since the beginning of 2024, 1.9 billion cubic meters of water have been sent to the North Aral Sea, raising its volume to 22 billion cubic meters. This announcement was made by Kazakhstan’s Minister of Water Resources and Irrigation Nurzhan Nurzhigitov  at the first meeting of the Board of the International Fund for Saving the Aral Sea (IFAS) on September 18, attended by delegations from  Kazakhstan, Tajikistan, Turkmenistan, Uzbekistan, and Kyrgyzstan ( as an observer country). The IFAS was established in 1993 to unite efforts by participating countries to mitigate the negative impact of the Aral Sea's desertification on the natural environment and the region's population. Discussions focused on progress on two large-scale projects: a program to assist the Aral Sea basin countries, and the Regional Environmental Protection Program for Sustainable Development in Central Asia, which aims to develop the principles of green economy and adaptation to climate change. The meeting commended Kazakhstan's commitment to working in close cooperation with other Central Asian states on preserving the Aral Sea and approved plans for work to be undertaken by the IFAS under President Kassym-Jomart Tokayev chairmanship from 2024-'26. "At the height of this year's irrigation period, up to 80 cubic meters of water per second flowed into the sea along the Syr Darya River, compared to only six cubic meters per second last year. In recent years, the volume of water in the North Aral Sea has been decreasing, but since the beginning of 2024, it has increased again and reached 22 billion cubic meters," stated Nurzhigitov. " To ensure a further increase -  we are strengthening water diplomacy and developing the second phase of the North Aral Sea conservation project." The North Aral Sea, the portion of the former Aral Sea fed by the Syr Darya River, split from the South Aral Sea in 1987–'88 when water levels dropped due to water diversion for agricultural use. According to the Kazakh Ministry of Water Resources, 75% of the flow of the Syr Darya River comes from Kyrgyzstan, 20% from Uzbekistan, and 5% from Kazakhstan.

Azerbaijan Is Bringing Uzbekistan into the Middle Corridor

The Treaty on Allied Relations between Azerbaijan and Uzbekistan, signed last month, formalizes their growing strategic partnership and signals a new phase in their deepening ties. Their relationship has gained momentum particularly as Azerbaijan has been prioritizing the expansion of its networks in the region since 2020. Uzbekistan now plays a significant role in Azerbaijan’s efforts to strengthen the Trans-Caspian International Trade Route (TITR, also known as the Middle Corridor), the key trade and infrastructure link among Central Asia, the South Caucasus, and Turkey.   Uzbekistan and the Middle Corridor Within the last year and a half, many international financial institutions have published comprehensive studies on the implementation of the TITR project. One of the most influential was organized by the European Bank for Reconstruction and Development (EBRD) in June 2023, in collaboration with the European Commission. It was an in-depth examination of existing and potential infrastructure and logistical networks across the region. The goal of the report was to determine the “most sustainable option” for efficient transport connections between Central Asia and Europe. This report identified a route that it called the Central Trans-Caspian Network (CTCN), running principally through southern Kazakhstan. This route leverages the already well-established infrastructure and logistical systems there, making it the most viable option for trade and transport in the region. In a separate and complementary report, published in November 2023, the World Bank noted that Uzbekistan’s rail connections with Kazakhstan might be improved, but it did not identify any potential projects. Nevertheless, the Darbaza–Maktaaral project in Kazakhstan, projected for completion in 2025, could be extended first to Kazakhstan’s Syrdarya station, whence a further branch line could run to Zhetysai on the border with Uzbekistan. That project would reduce congestion at the existing Saryagash border crossing, which connects to Keles in Uzbekistan, in the north of the Tashkent conurbation. It could increase transport capacity by as much as 10 million tons per year. Still, the project focuses only on increasing the level of bilateral trade, largely in foodstuffs and agricultural goods, and does not target Uzbekistan’s integration into the Middle Corridor. On the other hand, Azerbaijan has been working actively with Uzbekistan to integrate it into the Middle Corridor, without relying on routes through southern Kazakhstan. Their cooperation includes significant efforts to enhance infrastructure and logistics. Examples include joint ventures in logistics centers and, notably, inter-modal transport links between Samarkand and Baku. Such efforts are designed to offer Uzbekistan direct access to the Caspian Sea and European markets via Azerbaijan, largely bypassing Kazakhstan and building a stronger trade partnership within the trans-Caspian framework.   Uzbekistan’s Relations with Turkey Set the Context While this all started only a few years ago, a look back to 2016 when Uzbekistan’s President Islam Karimov died provides a more complete picture. After Shavkat Mirziyoyev succeeded Karimov, Uzbekistan began to open up from its diplomatic isolation. One of the first interested parties was Turkey. Both nations signaled interest in improving ties, and Turkish President Recep Tayyip Erdoğan began to take steps...

Kazakhstan Hosts Summit of Central Asian Countries and Germany

Opening the summit in Astana, Kazakh President Kassym-Jomart Tokayev expressed gratitude to Federal Chancellor Olaf Scholz and Central Asian leaders for their participation and support of regional cooperation. Noting the strengthened relationship following the high-level dialog launched in Berlin last September, he stated, “I believe this is evidence of interest and aspiration from the Central Asian states and Germany for comprehensive development of strategic partnerships. Our meeting is called to summarize joint work and outline new ways to deepen cooperation. Today, we will discuss important trade, investment, energy, ecology, transportation and logistics, education, and science issues. I am confident that our constructive discussions will lead to concrete solutions that will benefit all our countries.” According to the President of Kazakhstan, Germany's socio-economic, scientific, and technological progress is an example for many countries. The positive impact of German technologies and investments in various spheres of the economy cannot be overestimated. Hence, full-scale partnership with Germany, one of the world's most developed countries and the largest economy in the European Union, is a priority for Kazakhstan and other Central Asian states. The most promising areas of cooperation between Central Asian states and Germany include increasing trade turnover, cooperation in the energy sector, development of industrial cooperation, transportation and logistics interconnection, and development of scientific and educational ties. With reference to the above, Tokayev stated: “Wide investment prospects are opened by the development of the Middle Corridor, including the modernization and digitalization of the Caspian Sea ports and construction of cargo terminals. Further integration of Central Asian and European transportation and logistics systems remains urgent. Kazakhstan welcomes the decision of European partners to allocate 10 billion euros under the Global Gateway program for the development of the Middle Corridor. We count on Germany's assistance connecting this route with the Trans-European Transport Network (TEN-T) and the Global Gateway strategy." Citing the need for sustained focus on strengthening and ensuring international security and stability,  Tokayev then emphasized: “Our countries closely cooperate in a multilateral format, including within the framework of the United Nations. We intend to continue to strongly support the efforts of this non-alternative universal Organization in the fight against terrorism, extremism, illegal migration, climate change, peacekeeping, and disarmament. Kazakhstan is ready to participate in the UN reform process. We believe that several developed countries, including Germany, certainly deserve a place as permanent members of the UN Security Council. I want to take this opportunity to wish the Kyrgyz Republic success in promoting its candidacy for the post of a non-permanent member of the UN Security Council for 2027-2028. I am confident that Kyrgyzstan will be able to significantly contribute to strengthening stability and security in Central Asia and beyond." Following speeches by Federal Chancellor of Germany Olaf Scholz, President of Kyrgyzstan Sadyr Japarov, President of Tajikistan Emomali Rahmon, President of Turkmenistan Serdar Berdimuhamedov and President of Uzbekistan Shavkat Mirziyoyev, a Joint Declaration was adopted by the Heads of the Central Asian states and the Federal Chancellor of Germany.

Mirziyoyev and Scholz Agree to Grow Uzbekistan-Germany Cooperation

On September 15, German Chancellor Olaf Scholz met with Uzbek president Shavkat Mirziyoyev in Samarkand. Last year the volume of trade between Uzbekistan and Germany exceeded 1 billion euros for the first time. Since the beginning of 2024, German companies have invested over 800 million euros into the Uzbek economy, while in June, the eighth meeting of the Uzbek-German Business Council was successfully held in Tashkent. At the end of the negotiations, Mirziyoyev and Scholz signed eight bilateral documents, including agreements in the fields of migration, use of water resources, essential minerals, transport and climate change. Additionally, Mirziyoyev and Scholz participated in the opening ceremony of the new Academy of Public Administration, which the Uzbek government has recently built in cooperation with the Hans Seidel Foundation and the Bavarian School of Public Administration. Scholz will also participate in a C5+1 meeting in Kazakhstan on September 17 with the leaders of Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan, and Tajikistan.