• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.10562 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.10562 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.10562 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.10562 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.10562 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.10562 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.10562 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00214 0%
  • TJS/USD = 0.10562 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%

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Water in Central Asia: Between Reality and Alarmism

The Regional Ecological Summit 2026 will take place in Astana on April 22-24. The event is intended to elevate Central Asia’s water and environmental agenda to the level of systemic solutions. Alongside preparations for the summit, however, an increasingly alarmist narrative is gaining traction among some experts. In this framing, water resources in Central Asia are presented as being in crisis, with predictions of shortages, threats to food security, and even potential conflict. Phrases such as “there is not enough water,” “the harvest is at risk,” and “the region is on the brink” are used with growing frequency. Such assessments are typically based on generalized and dramatized claims that fail to differentiate between countries or specific river basins. This creates the impression of a single, simultaneous crisis, whereas in reality the situation is far more complex. Yes, there is a problem, but it is not sudden or one-dimensional. Water scarcity in Central Asia is real. However, it must be interpreted accurately and objectively. According to expert estimates, up to 40% of water in the region is lost through deteriorating irrigation infrastructure, while more than 80% of water consumption is accounted for by agriculture. Current practice supports these figures. In southern Kazakhstan, seasonal water supply restrictions are regularly imposed. This year, for example, the government approved consumption limits for southern regions due to an expected shortage during the growing season. Uzbekistan has said, in joining the World Bank’s Water Forward initiative, that it aims to introduce water-saving technologies across its 4.1 million hectares of irrigated land and reduce irrigation losses by 25%. Equally important are developments in upstream countries, Kyrgyzstan and Tajikistan. According to a study by the Organisation for Economic Co-operation and Development, the region exhibits a structural interdependence between water and energy. More than 80% of electricity in these countries is generated by hydropower, meaning water resources are used simultaneously for energy production and irrigation. This creates systemic interdependencies. At the same time, coordination of water releases and electricity generation remains suboptimal, and the absence of long-term regulatory mechanisms has already led to water shortages during certain summer periods. This is a key point: the issue is not so much an absolute lack of water, but the complexity of coordination between upstream and downstream countries, as well as between sectors within individual states. In other words, water shortages in Central Asia are often driven less by natural conditions than by how water is distributed and managed. Particular attention in alarmist narratives is given to Afghanistan and the Kushtepa Canal. Estimates commonly suggest that the Qosh Tepa Canal could eventually divert around 6-10 km³ of water per year from the Amu Darya, although projections vary and depend on how fully the canal is completed and operated. While the canal is not yet fully operational, regional officials already treat it as a serious medium-term risk, with the precise scale of future withdrawals still under discussion. Countries in the region, especially Uzbekistan, have been pursuing dialogue with Afghanistan over the canal and...

1 hour ago

Kyrgyz Banks Hold $1.3 Billion in Liquidity, but Businesses Lack Long-Term Financing

Kyrgyzstan’s banking sector holds a substantial volume of liquidity, yet small and medium-sized enterprises (SMEs) continue to face a shortage of development financing, according to a report by the Asian Development Bank. The ADB estimates that the system has accumulated around $1.3 billion in excess liquidity. At the same time, more than 45% of bank loans, and a similar share of microloans, are directed toward consumer needs, while lending to industry has steadily declined. Representatives of the banking sector say they are familiar with the report’s findings but consider them only partially accurate. “Commercial banks in Kyrgyzstan do indeed have sufficient funds, but the bulk of these deposits are short-term. The figures mentioned in the report mainly refer to balances on corporate accounts that are not time-bound, they are demand deposits and can be withdrawn at any moment. As for long-term funding for large-scale projects in industry and agriculture, banks lack such resources,” Anvar Abdraev, President of the Union of Banks of Kyrgyzstan, told The Times of Central Asia. According to Abdraev, this helps explain the perception that banks are reluctant to lend to industry and SMEs. He added that large businesses generally do not face financing constraints, as they tend to secure funding from international financial institutions and intergovernmental funds on concessional terms, often bypassing commercial banks. Banking sector representatives also point to structural challenges on the borrowers’ side, including underdeveloped business plans, which increase credit risk. In addition, a significant share of applications comes from startups, which banks classify as high-risk projects. Another limiting factor is the lack of sufficient liquid collateral among entrepreneurs. Banks also emphasize that non-performing loans in their portfolios are maintained at around 5-6%, prompting stricter borrower assessment criteria. As a result, the loan approval process for businesses can be lengthy, and rejection rates remain high. “The growth rate of consumer lending does indeed exceed the volume of loans directed toward business development. This is primarily because consumer loans are much easier to obtain today. This has largely been made possible by new banking technologies. Consumer loans can be issued online using remote identity verification. Moreover, the average size of such loans is significantly smaller than that of business loans,” Abdraev added. Thus, despite the high level of liquidity in the banking system, the shortage of long-term funding, combined with borrower-related risks, continues to constrain lending to Kyrgyzstan’s real sector.

2 hours ago

Animal Euthanasia in Kazakhstan: Cruelty or Necessity?

In early April 2026, Kazakhstan's lower house of parliament, the Mazhilis, approved in the first reading amendments to the law “On Responsible Treatment of Animals.” The key proposed change is a shift away from the policy of returning vaccinated and sterilized dogs to their habitats, toward the legalization of euthanasia. The decision has triggered a sharp public divide: supporters cite safety concerns, particularly for children, while critics view the amendments as a rollback of the humane principles enshrined in the 2021 law and an attempt to compensate for institutional shortcomings through the mass culling of stray animals. Background: From Reform to Reversal In 2021, Kazakhstan sought to overhaul its approach to managing stray animal populations, aligning it with international practices. This led to the adoption of a dedicated law, which formalized a transition from culling to the CNVR model (capture, neuter, vaccinate, and return). The reform was presented as a compromise between humane treatment and public safety. The shift was driven by both civic activism and political momentum. In 2020, President Kassym-Jomart Tokayev described attitudes toward animals as a benchmark of societal development, acknowledging systemic shortcomings in the country. He later emphasized that state protection should extend to both people and animals. The initiative received support both domestically and internationally. Authorities pledged a systemic approach, including the creation of a national animal registry, mandatory microchipping, expansion of shelters, and tighter regulation of pet ownership. The expectation was that these measures would gradually reduce the stray population in a humane and sustainable manner. The Case for the Amendments: Safety and Cost The amendments, introduced in 2024, propose a transition to a no-return capture model. Despite criticism from animal welfare groups, the bill passed its first reading on April 8, 2026, and was forwarded to the Senate eight days later. Lawmakers, including Mazhilis committee chairman Yedil Zhanbyrshin, argue that the CNVR model has failed to deliver results under Kazakhstan’s conditions. They cite an increase in the stray dog population from 207,000 in 2022 to 247,000 in 2023. Another factor highlighted is the unintended consequence of mandatory microchipping introduced in 2023. According to lawmakers, the cost of registration and sterilization, averaging around 27,000 KZT (approximately $54), led some owners to abandon their pets. This, they argue, is reflected in the sharp decline in registered dogs, from 28,000 in 2022 to just 961 in 2024. Public safety remains the central argument. According to the Ministry of Health, Kazakhstan records an average of 105 animal attacks per day. Fiscal considerations are also significant. A full CNVR program is estimated to require annual spending of 14-15 billion KZT (approximately $28-30 million). Against the backdrop of competing budget priorities, including education and healthcare, lawmakers consider such expenditures excessive. They also point to practices in countries such as the United States and Japan, where euthanasia is used as a population control measure. Under the proposed model, captured animals would be held for a limited period, 15 days for unchipped dogs and 60 days for those with identified owners....

2 hours ago

Rybakina Wins on Clay in Stuttgart, in Run-up to Roland Garros

World number two Elena Rybakina defeated Karolina Muchova to win the WTA title in Stuttgart, Germany on Sunday, elevating her to the top spot in the points race to qualify for the season-ending championship in Riyadh, Saudi Arabia in November. Rybakina’s 7-5, 6-1 victory over Muchova was the Kazakhstani player’s 13th title - and the first repeat title of her career after winning 12 titles in 12 different tournaments. She won in Stuttgart in 2024. In the Stuttgart quarterfinals this year, Rybakina saved two match points against Leylah Fernandez in a three-hour battle. The title on clay in Stuttgart gives the Russia-born player momentum ahead of the French Open, which begins next month. Rybakina won the Australian Open this year and is also the 2022 Wimbledon champion.

20 hours ago

Tajikistan-Based Shohin Airlines Aims to Acquire Four Airbus Aircraft

Shohin Airlines, a new private airline registered in Tajikistan, says it is in the final stage of acquiring four planes from the Airbus A320neo line of aircraft. The airline and the European aerospace company met on April 10 to discuss the acquisition of two A320neo and two A321neo aircraft, building on a dialogue that began earlier this year at the Airbus headquarters in Toulouse, France, according to Shohin Airlines. The discussions with Airbus are showing “steady positive momentum,” and implementation of agreements “will be an important step in developing the airline’s fleet and strengthening its position in the air transport market,” the airline said in a statement on Friday. Currently, Shohin Airlines operates helicopters for specialized flights. The negotiations with Airbus reflect its plans for significant expansion into commercial passenger traffic. Last month, the airline announced a $200 million investment from a European investment fund.

3 days ago

Trump and Tokayev Secure a Historic $4.2 Billion Locomotive Deal

Washington, D.C. – The United States and Kazakhstan have finalized the largest locomotive agreement in history, a $4.2 billion deal that underscores American industrial strength and deepens ties between the two nations. The announcement came following a call between President Donald Trump and Kazakhstan’s President Kassym-Jomart Tokayev, which officials say directly helped bring the deal across the finish line. The U.S. Department of Commerce confirmed that Pennsylvania-based Wabtec will supply about 300 Evolution Series locomotives, in kit form, to Kazakhstan’s state railway over the next decade. Commerce Secretary Howard Lutnick emphasized the scale of the export package, writing on X that the deal is “more than just a huge success story. It’s about American innovation leading the world, supporting thousands of jobs in TX & PA, and strengthening the U.S.–Kazakhstan partnership.” For Trump, the Pennsylvania tie is notable — the state is both home to Wabtec and a perennial battleground in presidential politics. What Trump and Tokayev said President Trump celebrated the breakthrough personally on Truth Social: “I just concluded a wonderful call with the Highly Respected President of Kazakhstan, Kassym-Jomart Kemeluly Tokayev. They have signed the largest Railroad Equipment Purchase in History, $4 Billion Dollars Worth of United States Locomotives and Rail Equipment”. He continued: “Congratulations to President Tokayev on his great purchase. This Country, and the World, was built on reliable, beautiful Railroads. Now they will be coming back, FAST!” Earlier in September, Trump had told reporters he had a “great conversation” with Tokayev — a remark that signaled improving ties between Washington and Astana ahead of the deal. On Sept. 22, the Commerce Department formally confirmed the $4.2 billion agreement. Commerce Secretary Howard Lutnick, in a separate statement on X, emphasized that the leaders’ engagement helped pave the way and argued the deal strengthens an enhanced strategic partnership while embedding American technology in Eurasian connectivity. President Tokayev, for his part, has emphasized transport and logistics as central to Kazakhstan’s role as a “link between Europe and Asia,” calling for expanded rail infrastructure and modern customs systems. In July, amid tariff tensions, he assured Trump in a letter that Kazakhstan was “ready for constructive dialogue” and was confident a compromise could be reached — a posture that laid groundwork for the closer economic cooperation reflected in this deal. Why It Matters: Unlocking Regional Corridors to the West The locomotives will reinforce capacity along the Trans-Caspian “Middle Corridor,” a trade route carrying goods from Central Asia through the South Caucasus and into Europe—an alternative to Russian and Iranian transit that governments have accelerated since 2022. A critical gap in that chain was addressed through U.S.-brokered diplomacy in August 2025, when President Trump hosted Armenian Prime Minister Nikol Pashinyan and Azerbaijani President Ilham Aliyev at the White House. The two leaders signed a peace declaration after decades of conflict and committed to reopening transport links, most notably a 42-kilometer passage through Armenia’s Syunik province, commonly called the Zangezur corridor or the Trump Route for International Peace and Prosperity (TRIPP). By...

7 months ago