• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10841 -0.46%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10841 -0.46%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10841 -0.46%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10841 -0.46%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10841 -0.46%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10841 -0.46%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10841 -0.46%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10841 -0.46%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%

Viewing results 19 - 24 of 13219

Digital Tenge Receives Official Legal Status in Kazakhstan

Beginning July 18, the digital tenge will officially become a recognized digital form of Kazakhstan’s national currency. Amendments to the country’s legislation grant the National Bank of Kazakhstan the exclusive authority to issue and circulate the digital currency, establishing a comprehensive legal framework for its wider use across the financial system. Unlike many central bank digital currency (CBDC) projects around the world, which remain at the pilot or experimental stage, Kazakhstan has already moved beyond testing into practical implementation. Rather than replacing cash or bank cards, the digital tenge has been designed primarily to improve transparency in public spending, government procurement, and the monitoring of budget expenditures. By the beginning of 2026, approximately 336.6 billion tenge, or about $640 million, worth of digital tenge had been issued, and the technology had been deployed in more than 100 pilot projects. These include public procurement, the management of National Fund resources, tax administration, government subsidies, and infrastructure financing. Programmable payment technology enables authorities to track the movement of public funds almost in real time while restricting spending according to predefined conditions. The practical use of the digital tenge continues to expand. According to the National Payment Corporation of Kazakhstan, the platform was used throughout 2025 in projects involving infrastructure financing, public procurement, business support programs, and other government initiatives. The experience gained from these projects has laid the foundation for the next stage of the digital tenge’s development. Kazakhstan remains the regional leader in the development of a central bank digital currency. Elsewhere in Central Asia, governments have concentrated on digital payments and the regulation of digital assets. As previously reported by The Times of Central Asia, Kyrgyzstan is promoting the gold-backed USDKG stablecoin for cross-border transactions, while other countries in the region have yet to move toward the practical implementation of national CBDCs. The International Monetary Fund believes the next phase of the project will depend less on further technological development than on strengthening regulation, enhancing cybersecurity, and integrating the digital tenge into Kazakhstan’s existing financial architecture. According to the IMF, these factors will determine whether the project can be successfully scaled nationwide.

Belarus Plans to Recruit 5,000 More Workers From Uzbekistan as Labor Partnership Expands

Belarus plans to recruit another 5,000 workers from Uzbekistan’s Andijan Region, significantly expanding a labor migration program that has become one of the most visible outcomes of the growing partnership between the two countries. The announcement was made by Belarusian President Alexander Lukashenko during a working visit to the Orsha district of the Vitebsk Region on July 14. Speaking alongside Andijan regional governor Shukhrat Abdurakhmanov, Lukashenko said the additional workers would begin arriving in groups of 500 from September 2026. The new recruitment drive follows agreements reached during Uzbek President Shavkat Mirziyoyev’s official visit to Belarus earlier this month, when the two countries elevated their relationship to a strategic partnership and pledged to deepen cooperation across multiple sectors, including labor migration. During his visit to Vitebsk, Lukashenko described the project as beneficial for both sides. “I promised the President that we would do this. It is beneficial for us,” he said. “This will help develop the Vitebsk Region.” He also sought to reassure future workers that they would receive the same treatment as local residents. “When they come here, they must know that they are not strangers to us,” Lukashenko said. “Everything we build will be for people for Uzbeks and Belarusians alike. There will be no difference. Your children will attend kindergartens and schools under the same conditions as Belarusian children. The only thing is that they should work.” According to Belarusian officials, Uzbek citizens will work in agriculture and construction. They will also work in industry and the service sector, while some will take junior medical roles. Authorities said the first group of 255 workers had already arrived and been assigned to workplaces across the region. The partnership extends well beyond employment. Belarus plans to provide the Uzbek side with 10 cattle-fattening facilities across seven districts together with 8,000 hectares of agricultural land. The meat produced there is expected to be exported to Uzbekistan. Another 2,000 hectares in the Beshenkovichi district will be allocated to Uzbek partners for potato cultivation, while Belarus will provide seed potatoes and technical support, including agricultural expertise. Officials are also discussing projects in wood processing, including a modern timber-processing plant backed by Uzbek investment and a facility producing pellets for export to Uzbekistan. Lukashenko said implementation should begin without delay. “We should start doing it without postponing,” he said. Plans also include establishing an Uzbek construction trust staffed by Uzbek workers to build and maintain Uzbekistan’s facilities in Belarus. An Uzbek trade house has already opened in Vitebsk, while premises have been selected for an Uzbek restaurant. Belarusian authorities also intend to transfer a former boarding school in Bahushewsk that will be converted into a recreation center for Uzbek citizens. On the Uzbek side, the Migration Agency reported that more than 250 residents of Andijan Region recently flew to Belarus on a charter flight to work temporarily in agriculture and livestock farming. The agency said the project is being implemented under a simplified procedure based on a trilateral agreement involving the Andijan regional government, the...

Tajikistan Turns to Satellites to Discover How Much Forest It Has Left

In Barvoz village in the Western Pamirs, Zarifkhon Gulchinov watched a green forest near his home become a semi-desert during the 1990s. The collapse of the Soviet Union and Tajikistan’s civil war left the isolated region short of electricity and coal. Families cut trees to heat their homes and cook. “I also went to the forest for firewood, but I cut down only old and dry trees and bushes,” Gulchinov recalled. He later joined a community forestry program and received five hectares of degraded land to restore. Villagers now plant hundreds of trees and protect young growth from livestock. They also maintain an irrigation canal fed by mountain water. Such places explain why a forest inventory is more than a technical count. A strip of trees can supply fuel or hay. It can also hold a riverbank together and shield fields from erosion. Yet Tajikistan has spent decades without a reliable national picture of where its forests remain or what condition they are in. Counting What the Country Has On July 15, Deputy Forestry Agency Director Davlatali Sharifzoda announced a national inventory using satellite images and field inspections. The work will cover forests under every form of ownership, and its results will support ten-year management plans for each state forestry enterprise. Local coverage has described the exercise as Tajikistan’s first complete forest inventory using satellite data. A World Bank project appraisal says the country last conducted a national inventory in 1990. The current exercise is therefore the first nationwide inventory since independence and the first to use modern mapping methods across the country. The inventory combines Sentinel-2 and RapidEye images with geographic information systems. Machine-learning tools classify forest types, while mobile laser scanners can create three-dimensional models of tree stands. Field teams will still visit selected plots to measure tree diameter and height, and count the number of trees in each area. Their observations will show whether the satellite classifications match conditions on the ground. The work is being carried out by Aerogeodesy Dushanbe and Austria’s Umweltdaten GmbH through the World Bank-backed Tajikistan Resilient Landscape Restoration Project. A June progress update said the team carrying out the inventory had been appointed and work was underway. The project is due to close on September 30, 2027. Why the Numbers Diverge Tajikistan has long been described as one of Central Asia’s least forested countries. The figure most often used is about 3% of the national territory, or roughly 420,000 hectares. The World Bank has also noted that land administered by the Forestry Agency covers a much larger area, but much of that land is pasture rather than forest. Preliminary satellite work has now put forest cover at about 4.7%. The higher estimate does not mean that Tajikistan suddenly gained trees. Better mapping may be capturing sparse woodland and remote areas missed by older records. The final inventory should also separate actual forest cover from land that belongs to the state forest fund but carries little or no tree cover. That distinction affects...

Central Asia Builds a Regional Track for Engagement with Afghanistan

The United States and Europe may have stepped back from Afghanistan, but the country’s instability still affects migration, security, trade, and humanitarian pressures far beyond its borders. Given their proximity, Central Asian states cannot and have not disengaged, and their efforts to keep Kabul connected to regional diplomacy and commerce serve interests that are also shared by the West. On June 16, the Center for Strategic Studies of Afghanistan's Ministry of Foreign Affairs convened the first Afghanistan-Central Asia Think Tank Forum in Kabul, bringing together leaders and senior representatives from strategic research institutions across the region. Held under the theme "The Strategic Role of Think Tanks in Advancing Regional Cooperation," the forum included delegations from Turkmenistan, Uzbekistan, Kazakhstan, Tajikistan, Kyrgyzstan, and Azerbaijan alongside their Afghan counterparts. [caption id="attachment_52266" align="aligncenter" width="1080"] Image: Ministry of Foreign Affairs of Afghanistan[/caption] In his keynote address, Afghanistan’s Foreign Minister Mawlawi Amir Khan Muttaqi observed that the international order stands at a delicate crossroads, divided by competing narratives and opposing camps: “Given the developments and challenges in the global structure, the current international order finds itself at a sensitive juncture in history — a period marked, on the one hand, by various illusions and contradictory narratives, and, on the other, by efforts toward cooperation and multilateralism.” In essence, Muttaqi was advocating for an international order that allows Afghanistan and its neighbors to chart their own courses while engaging constructively with willing partners. Speaking to those in his immediate region, he drew attention to shared challenges, among them climate change, water shortages, economic headwinds, and conflict spillover, and asserted that “There is no doubt that, in order to make more effective and constructive decisions and to develop indigenous narratives for our region and shared future, specialists and researchers from academic and intellectual institutions must draft practical and comprehensive roadmaps for future cooperation across various fields.” Muttaqi underscored to participants the growing recognition that regional states stand to gain more through practical cooperation than through isolation or unilateral approaches. He reaffirmed Afghanistan's commitment to advancing the research-based proposals discussed at the April Consultative Dialogue in Kabul to help inform regional political and economic decision-making. His remarks reflected a view that broad-based economic development and good-neighborly relations are mutually reinforcing foundations of societal stability within a shared civilizational context—a perspective widely shared across the Central Asian republics. That is why, for example, he highlighted the need to follow through on economic and connectivity opportunities, citing projects such as CASA-1000, Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, Turkmenistan-Afghanistan-Pakistan electricity transmission project (TAP-500), the Lapis Lazuli Route, and the Afghan-Trans railway. These initiatives are in various stages of development, some having been stalled for decades. Javlon Vakhabov, former Uzbek ambassador to the United States and currently Director of the International Institute for Central Asia (IICA) in Tashkent, travelled to Kabul for the Forum. In his address, he summed up the mood of the participants: “In this emerging Greater Central Asia, Afghanistan is not a periphery. It is the southern gateway of our region, linking Central...

Turkmenistan Builds Ties with Southeast Asia

Turkmenistan is expanding engagement with Southeast Asia through talks with the Association of Southeast Asian Nations (ASEAN) and new energy and tourism initiatives with Malaysia. Deputy Foreign Minister Ahmet Gurbanov visited Jakarta on July 14 for meetings with ASEAN Secretary-General Kao Kim Hourn and Indonesian officials. Gurbanov expressed Turkmenistan’s interest in expanding cooperation with ASEAN in trade, transport, energy, education, tourism, and other fields, according to the Ministry of Foreign Affairs. The envoy also met Dyah Roro Esti Widya Putri, Indonesia’s deputy trade minister, on the same day for discussions about trade as well as strengthening transport and logistics links. Currently, trade between Turkmenistan and countries in Southeast Asia is relatively modest. China is the top buyer of natural gas from the Central Asian country’s vast reserves. Turkey, Russia, Uzbekistan, and Kazakhstan also have longstanding trade ties with Turkmenistan, whose tight internal controls make it one of the most isolated nations in the world. Malaysia’s state-owned oil and gas company Petronas, which has operated in Turkmenistan since 1996, said last month that it had entered into new agreements there, “deepening its presence in the Caspian Sea and expanding its upstream portfolio in the country.” The production-sharing deals cover two offshore blocks and coincided with a visit to Turkmenistan by Malaysian Prime Minister Anwar Ibrahim. This week, he responded to a question in the Malaysian parliament about the impact of Strait of Hormuz shipping disruptions on the country’s political and economic stability, and what measures were being taken to offset the effects. In his response, Ibrahim said exploration and drilling work at the Turkmen gas blocks secured in the deal involving Petronas would begin as early as December, Malaysian newspaper New Straits Times reported this week. "This is among the fastest that has ever happened. Normally the expectation is between one-and-a-half and two years before drilling begins," the New Straits Times quoted Ibrahim as saying. In another initiative, tourism officials from Malaysia and Turkmenistan met in Ashgabat this week to exchange ideas and talk about the “steady growth” of interest among Turkmen citizens in traveling to Southeast Asia, state media in Turkmenistan reported. Nor Shazli Azmi, director of Tourism Malaysia’s office in Almaty, said 10,750 visitors from Turkmenistan traveled to Malaysia in 2025, up 42.5% from the previous year. Turkmen tourism officials said travel from Malaysia to Turkmenistan was also increasing. Turkmenistan Airlines launched direct flights between Ashgabat and Kuala Lumpur in February 2024.

Central Asia Remains Highly Vulnerable to Major Earthquakes

Earthquakes accounted for more than half of all deaths linked to natural hazards worldwide between 2000 and 2023, according to the World Health Organization (WHO). The agency warns that millions of people across its European Region still live or receive medical treatment in buildings that may not withstand a major seismic event. WHO has focused on hospitals because they must continue treating patients when injuries rise and local infrastructure is damaged. The agency estimates that earthquake-resistant standards add less than 4% to the cost of a new hospital, while retrofitting an existing facility typically costs about 1% of its value. Although WHO highlighted the danger facing Istanbul, the warning also applies to Central Asia. Nearly all of Kyrgyzstan and Tajikistan lie in areas of high seismic hazard, along with parts of Kazakhstan, Turkmenistan, and Uzbekistan. Recent tremors in Almaty have brought the issue back into public view. As previously reported by The Times of Central Asia, a magnitude-5.0 earthquake struck 74 kilometers northeast of the city on February 17, 2026. Residents left homes and offices, although no major damage was reported. Almaty introduced its Mass Alert system in May 2024 after an earlier earthquake caused panic across the city. Forty-four people sought medical treatment, most after being injured while leaving buildings. The system is connected to 28 seismic stations and sends warnings to mobile phones through cell towers. Up to 200 minor tremors are recorded each year within an 80-kilometer radius of Almaty. Approximately 30 tectonic faults run through the city and surrounding area. Experts estimate that an earthquake measuring 9-10 points in intensity could destroy as many as 30% of local buildings, given the density of high-rise construction in vulnerable foothill districts. A major earthquake could also interrupt hospital care without causing a building to collapse. Loss of electricity or water could halt surgery and emergency treatment, while blocked roads could prevent staff from reaching medical facilities. Kazakhstan resumed mandatory earthquake drills in Almaty after the strong tremors of 2024. Medical personnel have trained with rescue workers at emergency assembly points, and the military has practiced deploying mobile hospitals. The preparations reflect concern about the condition of older buildings and the rapid expansion of high-rise development. The densely populated Fergana Valley also poses a cross-border challenge because a single earthquake could affect communities in Kyrgyzstan, Tajikistan, and Uzbekistan. Damage to roads or delays at border crossings could slow medical assistance when hospitals are under pressure. WHO recommends regular emergency exercises and medical teams that can continue operating when communications fail. Hospitals also need access to essential supplies if damaged transport routes delay deliveries. Central Asia's seismic history shows the possible scale of destruction. The 1911 Kemin earthquake, estimated at magnitude 8.2, destroyed hundreds of buildings in Verny, now Almaty. A magnitude-7.3 earthquake devastated Ashgabat in 1948, and the 1966 Tashkent earthquake left more than 300,000 people homeless. Those disasters occurred before much of the region's current urban growth. Dense construction has increased the number of people exposed to seismic...