• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10866 0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10866 0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10866 0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10866 0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10866 0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10866 0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10866 0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10866 0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
12 December 2025

Turkic Investment Fund to Begin Financing Projects

Following the participation of its head, Temir Sariev, in a meeting of the Chambers of Commerce and Industry of the Turkic states in Istanbul on October 16, Kyrgyzstan’s Chamber of Commerce and Industry announced that from January 2025, the Turkic Investment Fund, with an authorized capital of $1 billion, will begin financing major joint projects of member countries of the Organization of Turkic States.

The Organization of Turkic States, currently comprising Azerbaijan, Kazakhstan, Kyrgyzstan, Turkey, Uzbekistan, and Turkmenistan, with Hungary and the Turkish Republic of Northern Cyprus as observers, was founded in 2009 to foster comprehensive cooperation among Turkic-speaking nations.

The Turkic Investment Fund, aimed to mobilize the economic potential of the Organization of Turkic States member states, strengthen trade and economic cooperation, and implement joint projects in infrastructure, renewable energy, agriculture, tourism, and IT, was established at the extraordinary summit of the Organization of Turkic States in March 2023 in Ankara. Founding members include Azerbaijan, Kazakhstan, Kyrgyzstan, Turkey, and Uzbekistan. Hungary joined in June 2024, and Turkmenistan has an observer status.

After the inaugural meeting of the Fund’s Board of Governors in Istanbul in May 2024, the Turkish Ministry of Finance declared that by the end of 2024, the Turkic states are poised to play to an important role in the world economy, reaching an economic volume of $1.9 trillion and a population of 178 million.

New Requirements for Citizenship Approved in Kazakhstan

Updated requirements for obtaining citizenship in Kazakhstan, approved by the  Minister of Science and Higher Education of Kazakhstan, came into force on October 8. According to the new legislation, applicants for citizenship or persons restoring it must demonstrate a basic knowledge of the state language, the basics of the Constitution, and an understanding of the country’s history.

The minimum thresholds are 36 points in the Kazakh language, 9 points in the basics of the Constitution, and 15 points in the history of Kazakhstan. The exam, conducted on a quarterly basis by National Testing Center (NTC), takes two hours and ten minutes with an additional 30 minutes for people with special needs. Of the 100 tests set under three categories,  60 questions relating to the Kazakh language, include 20 listening and 40 reading tasks; the Constitution section covers 15 issues, and the history of Kazakhstan, 25.

Applicants must achieve a score of at least 60 points to pass the exam, and if successful, will be issued with an electronic certificate valid for two years.

The prerequisites for new requirements for knowledge of the state language and the history of Kazakhstan for obtaining citizenship relate to the government’s efforts to strengthen national identity, dictated by the need to integrate new citizens into society and the growing public demand for support of the Kazakh language.

The amendments are based on the practices of other countries, including Germany, Canada, and Turkey. For example, Germany requires applicants for citizenship to have a high level of German language proficiency and respect for German cultural traditions. In Canada, applicants must understand the history and responsibilities of citizenship and take an English or French language test, depending on the province. Similarly, Turkey requires applicants to demonstrate a knowledge of  the Turkish language.

Tajikistan to Strengthen Protection of Mulberry Trees

In a move to strengthen its silk industry, Tajikistan’s parliament has approved amendments to the Code of Administrative Offences, increasing fines for damaging mulberry trees.

Bakhodur Sheralizoda, Chairman of the Environmental Protection Committee, who forwarded initiative, emphasized that the new measures will help protect the environment and restore mulberry plantations, which are vital for silkworms.

Under the new rules, individuals damaging mulberry or other crops will face a fine of three to five calculation indexes. In comparison, officials can be fined seven to ten indexes (for 2024, 1 calculation index is 84 somoni, equivalent to $7.50). The final amounts will be approved following the adoption of amendments to the Code.

Because the leaves of the trees  are the main food base for mulberry silk worms, their preservation is critical for the restoration of an industry which has suffered a sharp decline over the last 30 years. In 1991, the country produced 4,528 tons of silk cocoons but by 2024, this figure had fallen to 361 tons. According to experts, the reason for the decline is a reduction of mulberry plantations, especially on private land  on which  trees have been felled and sold as firewood.

Back in 2021, in an address to parliament , Tajik President Emomali Rahmon, called for special attention to be paid to the development of silk farming, emphasizing its importance in creating jobs, especially for women and girls. To encourage cocoon processing, he also waived land tax for a period of ten years on areas where mulberry trees are grown.

Despite such measures, the situation barely improved. In response and to achieve its aim of increasing silk production to 1,867 tons by 2027, the Tajik government has introduced a program to plant over 4.3 million mulberry trees across the country. The total area covered by mulberry trees in Tajikistan is currently about 5,500 hectares.

In addition to their economic importance, mulberries play an essential role in environmental conservation. Mulberry trees prevent soil erosion and the spread of dust storms. Also of note, is that rich in vitamins C, K, iron, and potassium, the berries provide an important food source and are widely used in traditional medicines.

Additional measures to protect mulberry trees include strengthening local authorities’ control over land allocation for new plantations and preventing the felling of existing trees. A comprehensive approach, including economic incentives and administrative measures, is expected to help Tajikistan bring silk production back to its previous level and make it one of the country’s leading agricultural sectors.

 

Updated Entrepreneurship Education Program Introduced in Turkmenistan with Assistance from USAID

Turkmenistan has modernized its entrepreneurial education program. This was made possible through a partnership between the United States Agency for International Development’s (USAID) Modern Skills Development Project (YDA) and the School of Entrepreneurs of the Union of Industrialists and Entrepreneurs of Turkmenistan. The updated program integrates modern teaching methods for practical learning and developing creative thinking and problem-solving skills – critical competencies for future entrepreneurs.

From September 30 to October 4, 2024, the program held a training session for teachers, including representatives of regional branches. Participants learned new approaches to teaching through case studies, group work, and interactive methods. These innovations are expected to be introduced into the teaching process.

The program aims to support young people with innovative business ideas by providing an opportunity to develop projects based on the Entrepreneurs’ School branches. The final stage will be a business project competition, the winners of which will receive mentoring and access to investment to realize their ideas. This project is designed to foster a new generation of entrepreneurs and strengthen Turkmenistan’s economy.

USAID actively promotes youth development in Turkmenistan through various educational programs and initiatives. One of the main projects is the Youth Development Activity, a program to improve youth entrepreneurial competencies and professions. USAID also conducts training, seminars, and competitions for young people with promising business ideas, supporting their aspirations to become part of the country’s economy.

Chinese Company to Build FMD Vaccine Production Plant in Kyrgyzstan

China’s Yangling Jinhai Biotechnology Co., Ltd. plans to build a plant in Kyrgyzstan to produce foot-and-mouth disease (FMD) vaccines, according to the country’s Ministry of Water Resources, Agriculture, and Processing Industry. The announcement followed a meeting between Kyrgyzstan’s Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Processing Industry, Bakyt Torobaev, and a delegation from the Chinese company.

The project includes the entire production cycle, from raising and fattening livestock to vaccination and slaughtering.

Yangling Jinhai Biotechnology Co., Ltd. is ready to invest in plant construction, transfer advanced technologies, and train local specialists.

The parties agreed to establish a working group to implement the project.

According to the World Organization for Animal Health,FMD is a severe and highly contagious viral livestock disease with a significant economic impact. It is a transboundary animal disease that profoundly affects livestock production and disrupts regional and international trade in animals and animal products.

The parties emphasized the project’s importance for strengthening Kyrgyzstan’s veterinary security, as domestically produced vaccines would significantly reduce the spread of infectious diseases among farm animals.

Kyrgyzstan is an agricultural country, and livestock farming is the country’s primary source of income for its rural population.

In September 2024, the Ministry of Water Resources, Agriculture and Processing Industry reported that Kyrgyzstan had 1,802,299 head of cattle (cows), 542,527 horses, 6,216,125 sheep and goats, 6,988,968 poultry, and 29,676 pigs.

Kyrgyzstan Reports Growing Return Migration

Kyrgyzstan’s Ministry of Labor, Social Security and Migration and the International Organization for Migration (IOM) announced the results of their assessment of the country’s migration trends on October 15. The statistics show that return migration increased from 2020 to April 2024, and the number of migrants returning to Kyrgyzstan is continuing to grow.

The number of returning migrants increased by 85% in 2023 compared to the previous year. Kyrgyzstan’s southern Osh and Batken regions and the northern Chui region lead the figures in the number of returning labor migrants. According to the report, the number of Kyrgyz citizens who plan to migrate once again to the country from which they have just returned has decreased by half.

In June, the Speaker of the Kyrgyz Parliament, Nurlanbek Shakiyev said that more Kyrgyz people are returning from abroad, and over the past two years, the numbers have reached 241,000. Shakiyev cited the opening of many new industrial enterprises in Kyrgyzstan in recent years as a reason for growing return migration, emphasizing that Kyrgyz citizens can now earn more at home.

Over the past 30 years, hundreds of thousands of Kyrgyz citizens have left their homeland as labor migrants, mainly for Russia. In the last couple of years, however, there has been a growing trend of return migration largely caused by Russia’s deteriorating economic situation, depreciation of the ruble, stricter rules and harsher attitudes toward Central Asian immigrants, and increasing attempts by the Russian authorities to recruit Central Asian immigrants (with or without Russian passports) to join Russian troops fighting in Ukraine.

According to a 2022 census by Kyrgyzstan’s National Statistics Committee, more than 876,000 Kyrgyz citizens (close to 15% of the country’s population) migrated abroad. The top five destination countries for Kyrgyz migrants were Russia (870,304), Kazakhstan (2,158), Turkey (1,828), Germany (336), and South Korea (240). The IOM report states that 328,458 Kyrgyz nationals have lived abroad since 2020. As of 2023, 79% live in Russia, 4.5% in Kazakhstan, and 4% in Turkey.

According to the report, the primary drivers of migration were dissatisfaction with wages in Kyrgyzstan (26%), lack of job opportunities (17%), financial difficulties and debts (16%), and a perceived lack of prosperity in their homeland (10%).

According to the National Bank of the Kyrgyz Republic, in 2023, remittances from Kyrgyz labor migrants totaled $2.144 billion, compared to $1.873 billion in 2022.