• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 -0%
  • TJS/USD = 0.10844 -0.46%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 -0%
  • TJS/USD = 0.10844 -0.46%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 -0%
  • TJS/USD = 0.10844 -0.46%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 -0%
  • TJS/USD = 0.10844 -0.46%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 -0%
  • TJS/USD = 0.10844 -0.46%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 -0%
  • TJS/USD = 0.10844 -0.46%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 -0%
  • TJS/USD = 0.10844 -0.46%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 -0%
  • TJS/USD = 0.10844 -0.46%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
09 December 2025

New Law Paves Way for Special Investment Zone in Kyrgyzstan

Kyrgyz President Sadyr Japarov has signed a new law establishing a special financial investment territory in the Issyk-Kul region. The legislation, titled “On the Special Financial Investment Territory ‘Tamchy’ with a Special Legal Regime and Status,” was approved by the Jogorku Kenesh (parliament) on June 19.

The law codifies Japarov’s earlier presidential decree of March 17, which called for the creation of a special investment zone with its own legal framework and an independent international center for dispute resolution based on English law.

Investment Zone with International Standards

The Tamchy Special Financial Investment Territory is intended to attract both foreign and domestic investment, improve Kyrgyzstan’s overall investment climate, and boost key sectors such as manufacturing, tourism, wellness, and transport infrastructure.

The zone will operate under a special legal regime that includes tax preferences and other incentives for investors. A key innovation is the establishment of an International Center for Dispute Resolution, which will resolve investment-related disputes under English common law, a legal system grounded in judicial precedent and widely used in global financial hubs like London, Dubai, and Singapore.

Legal Certainty to Attract Investors

By introducing English common law into its investment framework, Kyrgyzstan hopes to create a more transparent and investor-friendly legal environment. Supporters of the initiative argue that legal predictability is essential to building investor confidence and attracting long-term capital.

The government has positioned the Tamchy zone as a cornerstone of its broader economic strategy. The aim is to stimulate socio-economic development, align with international financial and legal norms, and position Kyrgyzstan as a competitive investment destination in Central Asia.

Tajik Influencer Abduroziq Egamov Reportedly Detained in Dubai on Theft Allegations

Tajik singer and social media personality Abduroziq Egamov was reportedly detained by authorities at Dubai International Airport on July 12, according to the UAE-based Khaleej Times. The 21-year-old influencer’s production team confirmed his arrest to the newspaper, though official details remain scarce.

Khaleej Times reported that Abduroziq was taken into custody around 5 a.m., shortly after arriving in Dubai from Montenegro. Dubai officials have not disclosed the nature of the charges. “All we can say is that he was detained on suspicion of theft,” a spokesperson for Abduroziq told the publication.

However, conflicting accounts have emerged. Speaking to Asia-Plus, Abduroziq’s uncle, Muboraksho Egamov, categorically denied the detention. “All of this is fiction with no basis in reality,” he said.

Abduroziq, who holds a UAE golden visa, has lived in Dubai for several years. He rose to fame with a mix of musical performances, viral online videos, and appearances on shows such as Bigg Boss 16. In 2024, he expanded his public profile by launching his restaurant brand, Habibi, in the United Kingdom.

Prior Security Concerns and Alleged Financial Theft

In June 2025, Abduroziq publicly stated that his social media accounts, Instagram, YouTube, and TikTok, had been hacked. He also reported that all the money in his bank accounts had been withdrawn. The loss was estimated at over $1 million. A police complaint was filed in Dubai. By late June, he managed to regain access to his Instagram account with legal assistance, but the stolen funds had not been recovered.

Kazakhstan Targets 20% E-Commerce Share by 2030

Kazakhstan aims to increase the share of e-commerce to 20% of total retail trade by 2030, according to Galya-Banu Meirbayeva, Director of the Department of Electronic and Exchange Trade at the Ministry of Trade and Integration. The announcement was made during the international summit “Access to Logistics and Business through E-Commerce,” held recently in Pakistan.

Meirbayeva emphasized that advancing e-commerce is a strategic priority for Kazakhstan. She noted that implementing digital solutions, including artificial intelligence and virtual assistants, will improve cross-border trade, enhance customer experiences, and accelerate economic modernization.

Over the past five years, Kazakhstan’s e-commerce sector has grown sevenfold, reaching KZT 3.2 trillion (approximately $6.1 billion) in 2024. E-commerce now accounts for 14.1% of the country’s retail trade, with more than 8 million active online shoppers, predominantly younger users.

“The potential for further growth is huge, and we have set an ambitious goal. By 2030, every fifth purchase in the country should be made online,” a ministry representative stated.

National Strategy for E-Commerce Development

In March 2025, Kazakhstan approved a national development plan for e-commerce. The plan outlines key priorities: improving legislation, expanding public education initiatives, supporting entrepreneurship, and developing modern logistics infrastructure. Ensuring consumer protection and fair market conditions for all participants are also central goals.

The strategy builds on existing momentum, with a focus on equipping the population and businesses for the digital economy. In particular, the government aims to remove regulatory bottlenecks and foster innovation in digital trade.

International Engagement and Regional Partnerships

Kazakhstan has also been active in promoting digital trade through multilateral platforms such as the World Trade Organization (WTO), United Nations (UN), Shanghai Cooperation Organisation (SCO), and Eurasian Economic Union (EAEU). In April 2025, Kazakhstan and Pakistan signed a memorandum of understanding on e-commerce, marking a step toward deeper strategic cooperation between the two countries.

“The exchange of experience and coordination of actions on international platforms will contribute to building a sustainable and inclusive digital trade architecture in the region,” the Ministry of Trade and Integration said in a statement.

Earlier, the ministry had set a target of increasing e-commerce to 18% by 2029, as reported by The Times of Central Asia.

However, domestic businesses continue to express concern over competitive imbalances. Many argue that foreign e-commerce platforms benefit from favorable tax regimes that disadvantage local companies in Kazakhstan’s domestic market.

Trump’s Tariffs May Hurt Kazakhstan’s Economy, Expert Warns

On July 7, U.S. President Donald Trump informed Kazakh President Kassym-Jomart Tokayev that Washington will impose a 25% tariff on goods from Kazakhstan, effective August 1, 2025. Tokayev responded on July 10, affirming Kazakhstan’s commitment to “developing fair, predictable, and mutually beneficial trade relations” with the United States. He emphasized Kazakhstan’s readiness for “constructive dialogue aimed at finding a rational solution to trade issues,” expressing his hope that a compromise will be reached.

While officials and analysts in Kazakhstan have downplayed the potential economic impact, citing limited trade volume and the exclusion of key exports such as oil and metals, economist Olzhas Baidildinov has challenged this optimism. In an interview with The Times of Central Asia, he outlines the potential long-term damage to Kazakhstan’s economy and investment climate.

TCA: What is the situation following the announcement of the increased tariffs?

Baidildinov: The immediate damage is minimal, which is why many in the media and expert circles remain optimistic. Kazakhstan exports about $2 billion in goods to the U.S., of which $1.8 billion are raw materials, oil, metals, rare earth elements, silver, and precious metals, all previously exempt from duties. The remaining $200 million, mostly manufactured goods and agricultural products, will now be subject to the 25% tariff. Though small in macroeconomic terms, this is a significant blow to exporters and a deterrent for future investors.

TCA: What are the broader implications of these tariffs for Kazakhstan?

Baidildinov: The most serious consequence will be on investment. Domestic experts often lack a long-term view, rarely looking beyond a few months. But consider this: if you were an investor planning to produce in Kazakhstan and export to the U.S., would you proceed under these conditions? A 25% tariff today could become 50% or 100% tomorrow. This unpredictability will scare off potential investors.

Trump’s message is clear: produce in the U.S. or face penalties. For Kazakhstan, there is little upside. The country’s oil and gas sector has made strides in localizing production of goods that could replace Western imports, but these products will now face higher entry barriers into the U.S. market. American companies may also become more cautious about engaging with Kazakh suppliers.

More broadly, this signals that the U.S. does not regard Kazakhstan as a partner in high-tech manufacturing. Even American firms considering setting up production in Kazakhstan to benefit from low costs would now find the economics less favorable. Other countries, including EU members, may follow the U.S. example, reinforcing the perception of Kazakhstan as merely a source of raw materials.

TCA: Do you expect further pressure from the U.S. or its allies?

Baidildinov: This marks the beginning of a global tariff war. Other countries will likely adopt similar protectionist policies to defend their industries, especially in light of escalating U.S.-China trade tensions. European manufacturers, for example, may pressure their governments to implement similar tariffs. This trend could shape global trade for years to come, with Kazakhstan potentially caught in the crossfire.

TCA: In your opinion, is the U.S. tariff increase on Kazakhstan justified?

Baidildinov: No, it is not. For decades, Kazakhstan has supplied vital raw materials to the U.S., including oil. Trump claims the tariffs are aimed at correcting trade imbalances, but this does not reflect the broader economic relationship. U.S. oil companies in Kazakhstan enjoy preferential terms and pay fewer taxes than local firms, reaping billions in profits. Imposing duties on our nascent non-resource exports, which rely on government support, is deeply unfair. This policy underscores the perception that the U.S. values Kazakhstan only for its raw materials, not its industrial or technological potential.

TCA: Are the tariffs compatible with World Trade Organization (WTO) rules?

Baidildinov: Not entirely. The WTO discourages protectionist measures, and Trump’s tariffs often bypass both WTO regulations and U.S. legal standards. There are ongoing legal challenges to his trade policies in Congress and several U.S. states. When Kazakhstan joined the WTO, the promise was of equal access to global markets. In reality, we’re facing discriminatory practices that contradict the spirit of free trade.

Ancient Khuttal in Tajikistan Added to UNESCO World Heritage List

On July 12, Tajikistan celebrated a major cultural milestone: at the 47th session of the UNESCO World Heritage Committee in Paris, the ancient monuments of Khuttal were officially inscribed on the UNESCO World Heritage List.

This marks the fifth site in Tajikistan to receive such international recognition.

A Historical Crossroads of Culture and Architecture

The newly recognized World Heritage site encompasses 11 archaeological and architectural monuments across the districts of Vose, Danghara, Jaloliddin Balkhi, Farkhor, and Khovaling in Tajikistan’s Khatlon region.

Among these are Kalai Khulbuk, Adzhina-Teppa, Khishtepa, Shakhratepa, Manzarteppa, the Mausoleum of Mavlon Tojiddin, and the ancient fortresses of Zoli Zard and Kofirkala. The Kalai Khulbuk complex, once the residence of Khuttal’s rulers, is of particular historical importance.

The medieval state of Khuttal flourished from the 7th to the 16th century in southern Tajikistan and played a key role in cross-border trade along the Great Silk Road. According to UNESCO, the monuments “illustrate the diversity of the region’s culture and its significant role in the exchange of cultural values.”

At its peak, Khuttal included up to 12 cities. Its capital, Khulbuk, featured advanced infrastructure in the 9th-12th centuries, including a palace, citadel, and urban systems well ahead of their time. As Tajik archaeologist Tatyana Filimonova has noted, “the urban culture of Hulbuk was several centuries ahead of Europe,” citing innovations such as centralized heating, sewage systems, and water supply.

The listed monuments span various historical periods and artistic traditions from the 7th-century Buddhist monastery Ajina-Teppa, where a 13-meter-long reclining Buddha statue was discovered, to the intricately carved gancha and frescoes of the Hulbuk Palace. Other highlights include Zoli Zard, believed to be the legendary fortress of the Persian hero Rustam, and Manzarteppa, where archaeological excavations continue to yield pottery fragments and cultural artifacts.

A Collaborative Effort in Preservation and Recognition

The nomination of Khuttal began in 2023, spearheaded by the Ministry of Foreign Affairs and the Ministry of Culture of Tajikistan, in collaboration with the Institute of History of the National Academy of Sciences, the International Institute for Central Asian Studies, and the CAAL project at University College London. UNESCO commended the scientific rigor and collaborative approach of the submission.

Restoration efforts have been ongoing since the early 2000s. Kalai Khulbuk was opened to visitors in 2006, and Ajina-Teppa underwent restoration with UNESCO support in 2008. These sites, along with Kofirkala, Zoli Zard, and Manzarteppa, remain active locations for archaeological and conservation work under the State Program for the Protection of Cultural Heritage.

The inscription of Ancient Khuttal on the World Heritage List not only affirms its global significance but also paves the way for increased cultural tourism, international research cooperation, and long-term development of Tajikistan’s rich historical legacy.

Kyrgyzstan Shutters April TV as President Signs New Media Law

A district court in Bishkek has ordered the liquidation of April TV, one of Kyrgyzstan’s few remaining independent broadcasters, intensifying what some observers are calling an ongoing campaign to silence dissenting voices in the country’s media landscape. The decision, handed down by the Oktyabr District Court on July 9, followed a lawsuit brought by state prosecutors who alleged that the broadcaster’s content was “biased, one-sided, destructive and manipulative,” and posed a threat to the constitutional order. In a related development, on July 11, President Sadyr Japarov signed a new law clamping down on media freedom into force.

In the district court, prosecutors argued that April TV’s content risked inciting mass unrest and undermining the authority of the state. The court’s ruling cited assessments conducted by the State Committee for National Security (GKNB), which claimed that the broadcaster’s video reports negatively influenced public opinion, insulted government officials, and could provoke calls for the seizure of power.

Over the past two years, President Japarov’s administration claims to have successfully thwarted several attempted coups and assassination plots targeting high-ranking officials. These incidents, according to the government, highlight ongoing challenges to political stability in Kyrgyzstan, which has framed its efforts as critical to ensuring the country’s continued progress amidst a complex regional and domestic landscape.

In addition to terminating April TV’s legal status, the court also authorized the blocking of its online platforms and affiliated channels, including the popular YouTube-based partner channel Next TV.

Editor-in-chief of April TV, Dmitriy Lozhnikov, rejected the government’s claims, defending the station’s critical tone and stating that “criticizing the government isn’t a crime, but one of the core functions of the press.” In a final message before going offline, the outlet declared it was taking “a vacation from which [we] might never return.” At least ten current and former staff members of April TV were summoned for questioning by the GKNB as part of a broader criminal probe. No specific charges have been disclosed.

The closure of April TV mirrors actions taken against other prominent independent outlets in Kyrgyzstan over the past two years. In February 2024, a Bishkek court approved the liquidation of Kloop, a media organization known for its investigative reporting on corruption – a ruling later upheld by the Supreme Court. The authorities claimed that its charter did not permit Kloop to engage in journalism, and objected to what they described as the “negative tone” of its reporting.

In late May, the security forces conducted coordinated raids on the homes of eight current and former Kloop employees in Bishkek and Osh — detaining two on charges of “public calls for mass unrest” and compelling the others to sign non-disclosure agreements.

Kloop has relocated its operations abroad, maintaining access to its content in Kyrgyzstan through mirror sites and launching a new podcast studio in Georgia. Despite mounting pressure, the outlet’s leadership remains defiant, vowing to continue producing the “most incisive investigations, the most objective news, and the boldest commentary.”

In a similar vein, the investigative media outlet Temirov Live, founded by journalist Bolot Temirov, has faced sustained pressure from the authorities. As previously reported by The Times of Central Asia, in January 2024, security forces raided the outlet’s Bishkek office and detained eleven of its current and former journalists. The group was later charged with inciting mass disorder through a satirical video published on social media.

In October 2024, editor-in-chief Makhabat Tazhibek Kyzy was sentenced to six years in prison, while another journalist, Azamat Ishenbekov, received a five-year term, drawing condemnation from press freedom advocates. Two other journalists were sentenced to three years of probation, whilst the remaining seven were acquitted. Temirov, who was deported from Kyrgyzstan in 2022 under controversial circumstances, characterized the court ruling as “revenge” for the outlet’s corruption investigations, calling it a “punitive decision to scare journalists and our citizens.”

These developments come against the backdrop of a growing legal arsenal being deployed against independent media. On July 11, just two days after the April TV ruling, President Japarov signed a new law targeting “false information,” which allows the police to fine individuals and organizations for publishing or sharing content deemed to be misleading. The Committee to Protect Journalists called the measure part of a “spiraling press freedom crisis” and urged Kyrgyzstan’s international partners, including the European Union, to hold the country accountable. Jeanne Cavelier, Reporters Without Borders’ Eastern Europe and Central Asia director, described the April TV case as “emblematic of a broader assault on the media.”

In response to the growing wave of closures, a coalition of Kyrgyz journalists and civil society groups has denounced what it sees as the criminalization of public interest journalism. Statements from the Media Action Platform and other domestic press associations have called on the authorities to reverse course, arguing that dismantling independent media undermines both Kyrgyzstan’s democratic institutions and its international credibility.

The forced closure of April TV marks the latest instalment in a dramatic shift in Kyrgyzstan’s once-diverse media environment. Japarov and his administration have denied that the closures amount to censorship. In a social media post earlier this year, the president stated that “freedom of speech has always been and will be [upheld] in Kyrgyzstan” while stressing that falsehoods and incitement should not be confused with journalism.