Our People > Javier M. Piedra

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Javier M Piedra is a financial consultant with over 40 years of work experience in private and public sectors, international development, finance, marketing and advisory across multiple disciplines (corporate and retail banking, SMEs, hedge fund management, credit reporting, restructuring and sovereign and corporate risk management). He is former acting Assistant Administrator for Asia at USAID in President Trump's first administration.

Articles

humanitarian aid

Twenty-Five Years Ago, Karimov and Powell Opened a Humanitarian Lifeline. Today, Global Support Wanes

During the first week of June 2026, World Food Programme Afghanistan Country Director John Aylieff, Supply Chain Officer Shukhratmirzo Khodzhaev, and TCA’s Javier M Piedra visited the Termez–Hairatan border crossing and the Termez Free Economic Zone (TFEZ), a logistics hub between Uzbekistan and Afghanistan on the Amu Darya River. The trip was organized by the Institute for Strategic and Regional Studies (ISRS) in connection with Termez Dialogue 2026, a flagship Uzbekistan initiative designed to advance economic integration, trade, and cultural exchange across Central and South Asia. For 25 years, Uzbekistan has maintained the Termez crossing as a key humanitarian gateway, ensuring Afghanistan’s continued access to regional and global supply chains. [caption id="attachment_51321" align="aligncenter" width="850"] Geographical position of the Amu Darya; source: snipview.com/amudarya[/caption] A quarter-century on, the gateway that has saved millions of Afghans from famine remains open, but the funding that makes it so meaningful is on life support. While Central Asia has stepped up, its increased contributions only partially offset the huge shortfall left by wealthier countries. Termez, Uzbekistan Twenty-five years ago, with winter approaching, borders closed, logistics shattered, and five million Afghans in urgent need of food, WFP's Petar Bojilov and Tim Lavelle—on loan to USAID OFDA's DART from USUN Rome—took on an impossible mission: to open a lifeline and get emergency food aid across the Amu Darya River from Uzbekistan into Afghanistan. What began with one barge and a handful of hopelessly underequipped and understaffed personnel in 2001 has become one of the world's most consequential logistics hubs, through which WFP has delivered over 220,000 metric tons of food into Afghanistan in recent years. In 2026, the Bridge of Friendship Marks its 25th Anniversary Once a barely functional border crossing, Termez is now a Free Economic Zone (AIRITOM) with multimodal connectivity and extensive storage, providing WFP with what John Aylieff calls unmatched operational flexibility. “What makes the Termez hub today so strategically important is its reliability and versatility,” says Aylieff. “It offers dependable transshipment through multiple Afghan corridors—a vital lifeline where speed matters – as well as loading and storage. Given current geopolitical tensions, from the closure of the Pakistan–Afghanistan border to the spillover of the Middle East crisis, its role has become even more essential for humanitarian operations.” [caption id="attachment_51320" align="aligncenter" width="761"] John Aylieff and Javier Piedra, Termez (June 7th, 2026). Image: TCA[/caption] Since February 2026, violence along Afghanistan's 2,400-kilometre border with Pakistan has escalated sharply, triggering the displacement of approximately 20,000 families. With heightened instability along the Afghan-Pakistan border and in Iran, forced returns of Afghan refugees have increased sharply; the Termez transit corridor has become all the more critical as a channel for humanitarian food aid. Termez's value extends well beyond WFP's own operations. "The hub not only serves WFP in Afghanistan but also supports numerous humanitarian agencies in the country, including UNHCR, UNFPA, and UNICEF," says Aylieff. "It is the backbone of the northern corridor supply chain into Afghanistan, and more and more agencies are relying on WFP's logistics capabilities to bring their...

1 week ago

Titanium

UKTMP Eyes Expanded U.S. Presence as Kazakhstan’s Titanium Champion Seeks New Markets

ASTANA — On June 11, Sylvain Gehler, Chairman of the Board of the Ust-Kamenogorsk Titanium and Magnesium Plant (UKTMP), and Assem Mamutova, the company’s CEO, spoke with The Times of Central Asia during the Astana Mining and Metallurgy Congress (AMM). He outlined their plans to strengthen the company’s international footprint, with the United States emerging as a priority market. During the meeting, Gehler highlighted UKTMP’s ambition to further solidify its position as a leading aerospace-grade titanium supplier, building on six decades of operations and what Kazakh officials describe as roughly one-fifth of the global aerospace titanium market. “The combination of Kazakhstan’s resource base, UKTMP’s decades of experience, and the increasing importance of secure supply chains creates a strong platform for future growth. We are committed to remaining a trusted partner for aerospace customers around the world,” Gehler said. UKTMP, based in eastern Kazakhstan, is among the world’s largest vertically integrated titanium producers, controlling the entire production chain from raw materials to finished products. The company’s products are used in aviation, medicine, shipbuilding, petrochemicals, and nuclear industries. Among its international partners are Boeing, Airbus, Safran, General Electric, and other leading manufacturers. [caption id="attachment_50948" align="aligncenter" width="708"] UKTMP -Titanium sponge at the end of the distillation process[/caption] Gehler emphasized that “delivering consistent, high-quality titanium products reflects our commitment to rigorous standards and positions us to meet rising demand for resilient, transparent supply chains while expanding in key markets.” The company’s long-term development plans and initiatives aim at reinforcing Kazakhstan’s standing in the global titanium industry. According to Gehler, “UKTMP’s investment program through 2033 includes 25 projects worth more than $520 million, including construction of a new titanium sponge facility that would significantly expand production capacity.” Currently, UKTMP has 30 types of titanium alloys. Titanium and its alloys combine a high melting point, high electrical resistivity, exceptional strength-to-weight ratio, corrosion resistance in air and seawater, and non-magnetic behavior. It is also lightweight—its specific gravity is approximately 56% that of steel—biologically inert, and readily formed under pressure, making titanium a versatile structural material widely used in advanced industries. United States Demand for Titanium The American aerospace and defense sectors rely heavily on titanium, while disruptions to traditional supply chains following sanctions on Russia have heightened interest in alternative suppliers. Kazakhstan has emerged as one of the countries helping fill that gap. [caption id="attachment_50961" align="aligncenter" width="1447"] Source: USGS[/caption] Industry analysts note that the United States currently lacks domestic titanium sponge production and remains dependent on imports. In 2025 through July, Japan supplied 73% of U.S. titanium sponge imports, while Kazakhstan and Saudi Arabia each supplied 13%. This strategic reliance underpins the favorable treatment the U.S. currently gives to Kazakh titanium, since heavy supply restrictions would adversely impact the U.S. aerospace and defense industries. This has not always been the case. For UKTMP, deeper access to the U.S. market represents not only a commercial opportunity but the makings of a strategic partnership. Increasing sales to American customers would further anchor Kazakhstan within Western aerospace and other supply...

2 weeks ago

Tashkent International Investment Forum

Washington and Tashkent Deepen Economic Ties at TIIF

Uzbekistan and the United States launched a joint investment platform in Tashkent on June 16 as senior U.S. officials and corporate executives gathered for the fifth Tashkent International Investment Forum, advancing cooperation in energy, infrastructure, critical minerals, and advanced manufacturing. On the eve of the forum, Mirziyoyev hosted a delegation of leading U.S. companies and government financing institutions, a gathering he described as continuing a "good tradition" that reflects the growing appetite of U.S. businesses for a larger footprint in Uzbekistan. Among those present were John Jovanovic, president and chairman of the Export-Import Bank of the United States (EXIM), and Ben Black, chief executive officer of the U.S. International Development Finance Corporation (DFC), two officials whose institutions are emerging as principal channels for U.S. financing and investment support in the country. They were joined by Carolyn Lamm, chair of the American-Uzbekistan Chamber of Commerce, alongside executives representing Air Products, Cove Capital, Templeton Global Investments, Boeing, 77 Construction, BlackRock, Visa, JPMorgan, and Meta, among others, a roster spanning aerospace, finance, technology, and industrial sectors that underscores the breadth of U.S. commercial interest in the country. [caption id="attachment_50624" align="aligncenter" width="1943"] Black (DFC), Jovanovic (EXIM), Minister Laziz (MIIT), and Shukhrat Vafayev, Executive Director (UFRD); image: president.uz[/caption] President Mirziyoyev told the delegation that the economic agenda remains one of the key pillars of the strategic partnership between Uzbekistan and the United States, and laid out priority areas for deepening trade and economic cooperation. Particular emphasis was placed on projects in the development and processing of critical minerals, along with opportunities in energy, metallurgy, finance, artificial intelligence, and digital technologies. In response, the visiting executives thanked the president for the investment climate Uzbekistan has cultivated and outlined their proposals in a roundtable that culminated in a ceremony to exchange bilateral documents with participating U.S. companies. This broader engagement builds on a relationship Washington and Tashkent have been steadily formalizing over the past several years, as Uzbekistan has positioned itself as a more open and stable partner for foreign capital amid wider efforts to reform its economy and integrate more closely with global markets. The country's reserves of critical minerals, resources considered essential to U.S. technology, defense, and energy industries, have become a strategic priority for Washington, while Tashkent has sought to leverage U.S. expertise and financing to modernize sectors from energy to healthcare. That convergence of interests has increasingly framed Uzbekistan not merely as a bilateral partner but as a node in a larger U.S. strategy toward Central Asia. At the U.S.-Uzbekistan Business Forum in Tashkent on June 16, 2026, a curtain-raiser to the broader Tashkent International Investment Forum, panelists Ben Black, John Jovanovic, and Laziz Kudratov, Uzbekistan's minister of investment, industry, and trade, discussed Tashkent's proposal for a special economic zone tailored to U.S. companies. Minerals, fertilizer production, pharmaceuticals, and textiles were identified as the four priority sectors for deeper bilateral cooperation, alongside a new U.S.-Uzbekistan Joint Investment Platform building on earlier preliminary agreements. The forum drew the largest U.S. business delegation in the...

3 weeks ago

Tashkent International Investment Forum

Mirziyoyev and Mishustin Reaffirm Strategic Alliance as Russia Says Uzbekistan Projects Top $50 Billion

TASHKENT, June 17, 2026 — President of the Republic of Uzbekistan Shavkat Mirziyoyev received Chairman of the Government of the Russian Federation Mikhail Mishustin in Tashkent on June 16, as the Russian premier arrived to take part in the Fifth Tashkent International Investment Forum (TIIF). In their meeting, the two leaders reviewed progress on implementing agreements reached at the highest level within the framework of Uzbek-Russian relations and their strategic partnership. Mirziyoyev and Mishustin backed deeper private-sector ties, regional cooperation in oil, gas, mining and agriculture, and expanded cultural and educational exchanges, points also raised in Mishustin's separate meetings with Prime Minister Abdulla Aripov and Saida Mirziyoyeva, head of the presidential administration. They expressed satisfaction at a 20% rise in bilateral trade turnover since the start of the year, and noted that major joint projects in energy, metallurgy and other priority sectors are continuing. [caption id="attachment_50632" align="aligncenter" width="1774"] Saida Mirziyoyeva, Head of the Presidential Administration of the Republic of Uzbekistan, and Mikhail Mishustin, PM of the Russian Federation. Image: RF website[/caption] Those parallel meetings underscored that the relationship now extends well into the cultural and academic sphere alongside the commercial one. Aripov congratulated Mishustin and “all our Russian friends on Russia Day. I wish the multi-ethnic people of Russia peace, stability, and continued prosperity,” he said. Aripov went on to note that two-way trade has more than tripled over the past decade to surpass $13 billion, with the combined portfolio of joint projects now standing near $47 billion. Mirziyoyeva, in turn, highlighted recent cultural exchanges held around the St. Petersburg International Economic Forum, including a Mariinsky Theatre premiere of the opera “Tamerlane” and exhibitions at the Hermitage and the Fabergé Museum, while officials on both sides pointed to the large number of Russian university branches operating in Uzbekistan as evidence of deepening educational ties. Of key significance in the Uzbek-Russian relationship is the construction of Uzbekistan's first integrated nuclear power station, which will be built to a Russian design. Putin and Mirziyoyev marked the launch by video link during the St. Petersburg forum, as concrete was poured at the project site. Russian engineers are also involved in the construction of the country's largest hydropower plants. A joint center for managing drilling operations has been created, and a major project is underway to upgrade the Central Asia-Centre gas pipeline and expand its capacity. [caption id="attachment_50634" align="aligncenter" width="1774"] Image: President.uz[/caption] Mishustin’s TIIF Address Speaking at the TIIF opening ceremony on June 17, Mishustin set the bilateral relationship against the backdrop of a strained global economy. “The global economy is undergoing a profound transformation these days amid growing turbulence and escalating trade wars, the wide application of protectionist measures and unfair competition. Of course, all this means that we, our countries, must work on systemic objectives. The way we address them will define whether we succeed in fostering steady economic development for our countries and improving the quality of life for our people,” he said. Mishustin told the forum that “Russia is among...

3 weeks ago

Tashkent International Investment Forum

Kyrgyz PM Courts Investors in Tashkent With Call for Shared Regional Future

Tashkent (June 17): Speaking to a packed audience at the opening of the fifth Tashkent International Investment Forum, Kyrgyz Prime Minister Adylbek Kasymaliev, chairman of the Cabinet of Ministers and head of the Presidential Administration, opened his remarks with a sober assessment of the global landscape: "The global economy is undergoing a period of profound transformation: a technological revolution, an energy transition, the reshaping of global supply chains, growing demand for critical minerals, and the need to ensure food security are together creating new conditions of international competition while also opening new opportunities for cooperation." Despite global uncertainty, Kasymaliev argued that success would favor countries willing to cooperate and move quickly: "the countries that benefit most are those that make decisions faster, establish clear rules, and remain open to long-term partnership." In this context, Kasymaliev cast Tashkent as much more than a venue for dialogue. "Today, Tashkent is once again becoming a platform for discussing the common future of the region," he said, noting that mutual benefit offered a better path than zero-sum competition. His remarks rested on the premise that Central Asian states gain more from unity than from going it alone, and that the region's economic trajectory now hinges on its members' willingness to act as partners rather than rivals. Kasymaliev placed Kyrgyzstan's outlook within the National Development Program through 2030, which he said is built around accelerated industrialization, export expansion, digital transformation, and deeper regional integration, with the explicit goal of moving the country into the ranks of upper-middle-income states by decade's end. He cited 2025 GDP growth of 11% as evidence the strategy is already bearing fruit. Kasymaliev then outlined six government priorities for cooperation and investment. The first is critical minerals, with an emphasis on moving beyond raw extraction toward processing and component manufacturing for green energy. The second is energy, where new renewable producers receive a five-year profit tax exemption, and officials are pursuing hydropower, solar, wind, and eventually hydrogen. The third is agribusiness and food security, centered on agro-processing, greenhouse complexes, and cold storage aimed at export markets in Central Asia, the Middle East, South Asia, and China. The fourth is transport and logistics, anchored by the China-Kyrgyzstan-Uzbekistan railway. "As our President has emphasized, it is a strategic bridge between countries and markets," Kasymaliev said, a corridor expected to cut delivery times to as little as ten days. The fifth priority is the digital economy, built around a newly enacted Digital Code and an effort to draw venture capital into the country's startup ecosystem. The sixth is capital markets, including plans to list state-owned enterprises through IPOs and the creation of the Tamchy Special Financial Investment Territory on Lake Issyk-Kul, designed as a regional hub for international capital under its own distinct legal regime. Running through all six priorities was a broader argument about timing: in a period of technological upheaval, energy transition, and shifting supply chains, the states that move fastest and cooperate most openly stand to capture the largest share of...

3 weeks ago

Tashkent International Investment Forum

Mirziyoyev Says Uzbekistan’s Doors Will “Always Remain Open” as Fifth Tashkent Investment Forum Begins

TASHKENT, June 17 — President Shavkat Mirziyoyev opened the Fifth Tashkent International Investment Forum (TIIF) on Wednesday with a message aimed squarely at the nearly 4,000 mostly foreign delegates packed into the hall: Uzbekistan's doors are open, and the country intends to keep them that way. Speaking under this year's theme, "Investment Resilience: New Frontiers, New Partnerships," Mirziyoyev framed the forum as more than a transactional venue for capital, but as a platform to initiate and deepen long-term mutually beneficial partnerships. He described what he called the "Tashkent investment spirit" — a phrase he used to capture the event's evolution into what he called a symbol of shared success between Uzbekistan and the partners willing to back it. The sentiment ran through his closing remarks, where he told the room that “the most important partner in turning ambitious plans into reality is an investor who arrives with good intentions. Therefore, the doors of New Uzbekistan will always remain open to foreign investors who come to our country with trust and ideas.” The guest list underscored the forum's growing diplomatic prowess. Mirziyoyev personally thanked Albanian President Bajram Begaj, Russian Prime Minister Mikhail Mishustin, Belarusian Prime Minister Aleksandr Turchin, Azerbaijani Prime Minister Ali Asadov, Kazakh Prime Minister Olzhas Bektenov, Kyrgyz Cabinet Chairman Adylbek Kasymaliev, and Tajik Prime Minister Kokhir Rasulzoda, alongside senior representatives from the EBRD, the New Development Bank, the World Bank, the IFC, the Asian Development Bank, the Asian Infrastructure Investment Bank, and the European Investment Bank. Mirziyoyev cited a series of economic indicators to support the message. Uzbekistan has secured more than $150 billion in foreign investment since launching reforms, with $123 billion arriving in the last five years. In 2025, GDP expanded by 7.7%, foreign investment climbed to $43 billion, and reserves rose above $70 billion. According to Mirziyoyev, the economy is on track to exceed $180 billion this year, comfortably outpacing the $100 billion goal announced at the first forum four years ago — a sign, he said, of sustained momentum, underscored by a 14-position improvement in the Index of Economic Freedom. The pledges come as Uzbekistan seeks to deepen the economic opening launched under Mirziyoyev, with officials using the forum to market legal guarantees, capital-market reforms and new infrastructure projects to foreign investors. Mirziyoyev structured the rest of his address around six priorities. The first centers on legal guarantees for investors, anchored by the new Tashkent International Financial Center — a zero-tax-rate zone for corporate income, VAT, property, and customs duties, governed by English common law and backed by an independent commercial court staffed with foreign judges. The second targets capital markets, building on $16 billion in international bond placements and the recent National Investment Fund listing, which he called the London Stock Exchange's largest IPO in five years, with sovereign “sukuk issuance” planned next. The third priority is industrial value addition. Here, Mirziyoyev pointed to Uzbekistan's $3 trillion in estimated subsoil wealth and announced that foreign investment will be extensively channeled into the "Metals of...

3 weeks ago

Termez Dialogue 2026

Opinion: Indian Ambassador Says Shared Spiritual Legacy Reflects Indo-Uzbek Solidarity

TASHKENT, June 10, 2026 - Indian Ambassador to Uzbekistan Smita Pant used her official remarks at the Termez Dialogue 2026 to argue that connectivity between Central and South Asia cannot be judged by infrastructure alone. Roads, railways, ports, energy links, financial channels, and digital systems are essential. But durable cooperation also depends on confidence, cultural memory, and a willingness to treat sovereignty as a condition for partnership rather than an obstacle to it. The second meeting of the Termez Dialogue was held under the theme “Peace, Connectivity, and Resilience: Shaping the Foundation for Shared Prosperity.” It was organized by the Institute for Strategic and Regional Studies under the President of Uzbekistan and the Ministry of Foreign Affairs of Uzbekistan, in partnership with CICA. The forum fits into a wider Uzbek diplomatic push to reconnect Central and South Asia through political dialogue, trade, transport, climate cooperation, and cultural exchange. Pant’s address stood out because it placed the human dimension of connectivity at the center of the discussion. The broader idea associated with the Termez platform was captured in the phrase: “Eurasia needs not lines of division, but spaces of trust.” For India and Uzbekistan, that argument has particular force. Their relationship is not only diplomatic. It rests on older movements of people, ideas, language, food, faith, scholarship, and trade. That history gives modern policy a deeper base. Central and South Asia are often discussed today through the language of corridors, transit costs, sanctions risk, and access to ports. Those questions are real. The International North-South Transport Corridor, Chabahar, air freight links, customs procedures, and digital payment systems all matter to India’s practical engagement with Central Asia. But the old routes that connected India, Uzbekistan, Afghanistan, and the wider Eurasian space carried more than goods. They also carried habits of coexistence. “Connectivity is not just material. It is not just about roads and rail. It is also cultural, spiritual, financial, and digital,” she said, reminding delegates that human relationships and shared values constitute the most resilient infrastructure of all. [caption id="attachment_50469" align="aligncenter" width="2508"] Indian Ambassador to Uzbekistan, Smita Pant. Photo: Embassy of India, Tashkent [/caption] This is not a decorative point. Central Asia’s geography makes connectivity a strategic necessity, but its history shows that routes endure only when they are trusted. The UN General Assembly resolution on strengthening connectivity between Central and South Asia gave international backing to this agenda in 2022. The harder question now is how to make that connectivity commercially viable, politically acceptable, and socially useful. Pant’s answer was to frame India’s approach around sustainability and sovereignty. “India's approach on connectivity is guided by a very simple mantra – it must be built on the bedrock of financial sustainability and local priorities and should not bypass ideas connected to national sovereignty and independence. India’s approach to connectivity dictates that relations must be transparent, fair and benefit the person on the ground,” she said. That line is important because connectivity projects can easily become abstract. Maps look clean from a...

4 weeks ago

AMM 2026

U.S. Moves from Dialogue to Action on Critical Minerals in Kazakhstan

ASTANA — David L. Fogel, Assistant Secretary of Commerce and Director General of the United States and Foreign Commercial Service, told delegates at the 16th International Astana Mining & Metallurgy (AMM) Congress in Astana on June 11-12 that the United States is moving from discussion to strategic execution in Central Asia’s critical minerals sector. Fogel’s responsibilities at Commerce include leading the International Trade Administration’s Global Markets unit, which focuses on commercial diplomacy, export promotion, advocacy for U.S. companies, and foreign investment. Speaking in Astana, where the AMM Congress gathered top-level mining, metallurgy, technology, finance, and government leaders, Fogel said the United States had brought a historically large delegation to Kazakhstan, including more than 20 U.S. companies and representatives from across the U.S. government. The AMM Congress is one of the region’s major mining and metallurgy platforms. Fogel framed the visit as part of a broader U.S. strategic push to strengthen supply-chain resilience at a time of heightened global competition over minerals essential to energy, infrastructure, advanced manufacturing, and emerging technologies. Critical minerals, he said, are now among the top priorities for the United States, not only in terms of sourcing, but also processing. That emphasis is consistent with the Trump administration’s wider policy focus on processed critical minerals and derivative products as issues tied to economic security, national security, and America’s industrial base. Fogel placed the visit within the Trump administration’s broader effort to give Central Asia greater strategic attention, particularly as critical minerals, connectivity, and supply-chain resilience move higher on Washington’s agenda. He said the current push reflects sustained engagement from senior U.S. officials, including Ambassador Sergio Gor, U.S. Special Envoy for South and Central Asian Affairs, and is being carried forward in country by the U.S. team in Kazakhstan under U.S. Ambassador Julie Stufft. Fogel emphasized execution, saying talks related to the C5+1 Critical Minerals Dialogue the day before focused on turning a shared vision for cooperation into practical outcomes. “How do we take this vision of cooperation and put it into actionable projects?” he asked. According to Fogel, the objective is to turn plans into tangible ventures that can attract capital, technology, and long-term business participation. Fogel’s point was that the United States is looking for projects that strengthen critical minerals supply chains while building strategic relationships, rather than organizing endless rounds of declarations that lead nowhere. He presented the process as a disciplined commercial and strategic effort of identifying the right opportunities, minimizing risk for companies weighing where to direct their resources, applying consistent international standards, and creating conditions in which American companies can compete. [caption id="attachment_50309" align="aligncenter" width="1774"] Image: TCA[/caption] The practical implication of Fogel’s remarks was that enthusiasm for mineral resources alone is not enough to draw major long-term investment. Companies need reliable mapping, credible surveys, and consistent international standards that allow projects to be assessed and financed. In that sense, geological data and standards are not technical details, but the bridge between mineral potential and bankable projects backed up by solid in-country partners....

1 month ago

AMM 2026

Kazakhstan and Saudi Arabia Sign Mining Cooperation MOU at AMM Congress

ASTANA — Kazakhstan and Saudi Arabia signed a Memorandum of Understanding (MOU) on cooperation in rare earth metals, critical minerals, and the broader mining space at the opening of the Astana Mining & Metallurgy Congress 2026 (AMM) on June 11, marking a significant new step in the two countries’ efforts to expand industrial and critical minerals ties. The MOU was signed by Kazakhstan’s Prime Minister Olzhas Bektenov and Saudi Arabia’s Minister of Industry and Mineral Resources, Bandar bin Ibrahim Al-Khorayef, who arrived in Astana to attend the AMM. The document aims to develop and strengthen cooperation between the Ministry of Industry and Mineral Resources of Saudi Arabia and the Ministry of Industry and Construction of the Republic of Kazakhstan in the field of mineral resources through the exchange of expertise in the mining industry, modern technologies used in mineral resource exploration, and raw materials evaluation. The agreement also covers cooperation across the mining value chain, but with a focus on rare earths and other mineral resources. Both sides are seeking to strengthen collaboration in extraction, processing, and higher value-added production. The signing comes as Kazakhstan is working to attract more investment into critical minerals and downstream processing, while Saudi Arabia is expanding its role in global mining and mineral supply chains as part of its wider economic diversification strategy. Bektenov and Al-Khorayef also held talks in Astana ahead of the congress. According to the Kazakh government, the discussions focused on further cooperation in the mining and metallurgical sectors and in concretizing prospects for joint projects in high-demand and scarce minerals. The sides also discussed investment and trade opportunities as well as geologic mapping and processing, leading to higher value-added production. The signing of the MOU at AMM, considered one of Central Asia’s main mining and metallurgy forums, had a diplomatic dimension at a time when rare earths and critical minerals are moving higher on the agendas of governments and investors. The congress brings together government officials, mining companies, investors, equipment suppliers, and industry experts. For Kazakhstan, the MOU fits into a broader effort to position the country not only as a source of mineral resources, but also as a platform for processing and higher-value production. Astana has been promoting geological exploration, investment in processing capacity, and strategic partnerships with foreign governments and companies. As Kazakhstan seeks to bring more of the value chain onshore, it is building on examples such as titanium production at Ust-Kamenogorsk Titanium and Magnesium and zinc processing at Kazzinc’s integrated facilities. For Saudi Arabia, the agreement reflects Riyadh’s growing interest in international mining partnerships. The Kingdom has been seeking to develop its domestic mineral sector while securing access to strategic raw materials needed for industrial development, clean energy technologies, and advanced manufacturing. At its AMM booth in Astana, Saudi Arabia’s Ministry of Industry and Mineral Resources highlighted its upcoming Future Minerals Forum, set for January 2027 in Riyadh; it is one of the world's leading mining events. Kazakhstan and the other Central Asian countries will be...

1 month ago

Termez Dialogue 2026

Opinion: Building Bridges Across Eurasia – Termez Dialogue 2026 Opens in Tashkent

The second meeting of the Termez Dialogue on Connectivity between Central and South Asia opened on June 4 in Tashkent, Uzbekistan, bringing together senior representatives from Central Asia, South Asia, China, Russia, the Gulf Cooperation Council, Iran and Afghanistan for a high-level exchange on the future of regional connectivity and cooperation under the theme: “Peace, Connectivity, and Resilience: Shaping the Foundation for Shared Prosperity”. Eldor Aripov, director of the Institute for Strategic and Regional Studies under the President of Uzbekistan, opened the forum and highlighted its role in strengthening Central–South Asia connectivity. Under his leadership, it has become a respected venue for promoting regional cooperation and sustainable development. Aripov said Eurasia needs “not new dividing lines but spaces of trust, joint development, and open dialogue.” The agenda covered geopolitics, security, trade, investment, culture, climate resilience, and sustainable development. Aripov began by emphasizing the origins of the Termez Dialogue and its strategic purpose, which reflects Uzbekistan’s vision of fostering stronger ties between neighboring regions through cooperation and mutual benefit without sacrificing sovereign autonomy “The Dialogue’s essence lies in consistently building interstate relations on the principles of mutual benefit, good-neighborliness, and preventive diplomacy. What makes this platform unique is its inclusiveness — its ability to bring together not only government officials and diplomats, but also leading experts, scholars, business representatives, and civil society institutions.” This statement positioned the Termez Dialogue as a cornerstone of Uzbekistan’s vision for regional diplomacy. The idea was reinforced in 2022, when the UN General Assembly adopted resolution A/RES/76/295, “Strengthening Connectivity between Central and South Asia.” A recurring theme throughout Aripov’s remarks was inclusivity – understood in a non-ideological sense. He argued that lasting regional partnerships require participation from a diverse range of stakeholders. Reflecting on the platform’s progress, Aripov pointed to its rapid evolution into a recognized forum for regional engagement. He acknowledged the need to continue to build trust across sectors and borders. “In just one year, our platform has established itself as an effective venue for discussing transregional connectivity, developing practical initiatives, and strengthening trust among governments, experts, and international organizations,” Aripov said. This achievement demonstrates the Dialogue’s growing influence across Eurasia. The Chairman also made clear that the forum is entering a new phase. The focus, he said, must now shift from ideas to implementation. “Today’s meeting is intended to mark a qualitative transition — from conceptual discussions to practical implementation and the development of concrete mechanisms for transregional cooperation.” The statement reflects a commitment to delivering tangible outcomes and lasting partnerships. Aripov outlined that shared prosperity is one of the strongest foundations for regional stability: “When states are interconnected through shared economic interests and value chains, the risks of confrontation and instability naturally decrease.” This vision places trade, investment, and infrastructure cooperation at the heart of regional peacebuilding. “Alongside economics and climate issues,” Aripov argued, “culture remains an important pillar of our dialogue. Strong connectivity is not measured only in material terms. Very often, it is rooted in shared historical memory and common...

1 month ago

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