• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.10879 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.10879 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.10879 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.10879 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.10879 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.10879 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.10879 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.10879 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
16 December 2025

SCO Summit in Astana: Correspondents from China Global Television Network, Times of Central Asia Discuss Upcoming Meeting

National leaders and other dignitaries from over 20 countries will be in the Kazakh capital of Astana this week for the annual summit of the Shanghai Cooperation Organization (SCO). The Times of Central Asia will be covering the SCO Summit live on 3 and 4 July from the city’s Palace of Peace and Reconciliation.

The SCO is a political, security and economic alliance in the wider Eurasia region. This year’s Summit host Kazakhstan was a founding member of the Organization in 2001, alongside China and Russia, and its Central Asian neighbors Kyrgyzstan, Tajikistan and Uzbekistan. The last time the Summit was held in Astana, in 2017, India and Pakistan became full members. There are currently nine full member states, four observer states, and 14 dialogue partners, covering half of the world’s population, and almost a third of global GDP.

This year’s Summit will have significant implications for regional and global affairs. It is likely to produce initiatives aimed at reducing trade barriers, and promoting investments between SCO member states. High on the agenda will be the Belt and Road Initiative (BRI) – a crucial framework for enhancing connectivity and economic ties between China and its Central Asian partners.

Other anticipated outcomes include new initiatives on climate change and sustainable development, as well as strengthened cultural and educational exchanges. Upon the initiative of Kazakhstan’s President Kassym-Jomart Tokayev, 2024 has been named the SCO “Year of Ecology”.

Ahead of the Astana Summit, The Times of Central Asia’s senior editor Jonathan Campion spoke with an anchor from China Global Television Network, Mr Zhong Shi, about the role of the Shanghai Cooperation Organization plays in the Central Asia region. Their talk can be viewed in full in the videos below.

In response to The Times of Central Asia’s question about what makes the SCO different from other alliances that the countries of Central Asia are aligned with, Mr Zhong explained that: “The SCO has been truly effective in combatting what we call the three enemies of all members, namely terrorism, extremism and separatism. There have been joint military drills conducted to enhance the coordination among armed forces”.

Listen to Mr Zhong’s full response below:

 

In turn, Mr Campion gave The Times of Central Asia’s perspective on the upcoming Summit. Asked about the impact that the Belt and Road Initiative has had on Central Asia, he replied:

“Central Asia is evolving as a land bridge component to the Belt and Road Initiative linking China to the Caspian Sea.
We’re seeing that investments in transport infrastructure are unlocking the region’s vast natural resources. With the world making a green transition, Kazakhstan stands out, as it has an abundance of critical materials – or green metals as they are known – that are used in the components of green technologies.”

Listen to Mr Campion’s full response below:

 

 

Qosh Tepa Canal Threatens Water Balance in Central Asia

The construction of the Qosh Tepa Canal may threaten Central Asia’s water balance and the region must address the issue. The warning, given by Nikolay Podguzov, Chairman of the Board of the Eurasian Development Bank which is involved in projects affecting the region’s water balance, was reported  by AKI press.

According to experts, the Qosh Tepa Canal, currently under construction in Afghanistan, receives ten cubic kilometers of water per year from general drainage, and also, the Amu Darya river.

Marat Imonkulov, Secretary of the Kyrgyz Security Council, said that a reduction of water in the Amu Darya will inevitably lead to an increase in water taken from the Syr Darya river for agriculture and other needs. Some analysts claim that under such a scenario, Central Asia will face a chronic water shortage.

Although not one of its members, the EDB, reminded Afghanistan that the construction of the canal is being implemented by the state on its territory and Podguzov stressed, “The states mutually resolve issues related to relations through diplomatic channels. But we have to solve the problem together. I believe that the countries will agree.”

Analysts seek to resolve the situation by developing digital water accounting, water conservation, and proper treatment of the region’s resources.

The Qosh Tepa Canal project, conducted by the Taliban and currently underway in northern Afghanistan, is a significant initiative in managing the Amu Darya’s water resource but during its first phase, has raised concerns among Central Asian countries.

Heeding specialists’ forecasts, the President of Uzbekistan, Shavkat Mirziyoyev, said that the construction of the Qosh Tepa Canal will change the water regime and balance in Central Asia.

Pakistan Can Become a Transport Hub for Central Asian Countries

The Prime Minister of Pakistan, Shahbaz Sharif has chosen Tajikistan for his first foreign visit after being re-elected as the head of government. On July 2, he will hold talks with Tajik President Emomali Rahmon in Dushanbe, before traveling with him to the SCO summit in Astana. The head of Tajikistan and Sharif are expected to discuss the implementation of agreements reached during Rahmon’s visit to Pakistan two years ago.

Pakistan’s capital, Islamabad, is interested in speeding up the start of the CASA-1000 energy project and expanding cooperation in transport and security. In exchange, Tajikistan is seeking access to Pakistan’s ports of Karachi and Gwadar. In December 2022, Rahmon visited Islamabad, where eight documents were signed at the end of negotiations with Sharif.

“The fact is that Tajikistan’s intelligence services have historically not had warm relations with Pakistan, whose intelligence services have supported various militant groups in Afghanistan. But times are changing. In addition, it should be noted that today, Pakistan is closely cooperating with China economically and politically in the same way that active cooperation between China and Dushanbe is taking place,” said Alexander Vorobyov, a researcher at the Institute of Oriental Studies of the Russian Academy of Sciences and head of the Center for Public Diplomacy and World Policy Analysis.

According to Vorobyov, improving relations between Tajikistan and Uzbekistan, whose authorities are actively promoting a project to create the Trans-Afghan railway “Termez–Mazar-i–Sharif–Kabul—Peshawar,” will help improve Tajikistan’s transport connectivity with the outside world and offer the possibility of access to South Asia.

The shortest route from Tajikistan to the sea passes through Afghanistan to Pakistan. It is approximately 2,720 kilometers from Dushanbe to Karachi or Gwadar, whilst it is 3,400 kilometers to the Iranian port of Bandar Abbas in the Strait of Hormuz. Tajikistan is separated from Pakistan by the Wakhan Corridor, a narrow strip of territory in the Badakhshan province of Afghanistan. This corridor is about 350 kilometers long. Experts believe that if Afghanistan’s stability and security can be ensured, then Pakistan can become a transport hub for the countries of Central Asia.

Pakistan’s interest in Central Asian meanwhile, lies in energy resources, of which it is desperately short. To access them, the Pakistani government is promoting several major transit projects in the region that will open access to global markets and trade opportunities for the region’s countries.

However, as Hina Rabbani Khar, who served as Pakistan’s deputy foreign minister in February 2023, said, the situation in Afghanistan is preventing Pakistan from realizing its potential in relations with Central Asia. In particular, the Central Asia-South Asia-1000 (CASA-1000) project to transmit electricity from Tajikistan and Kyrgyzstan to Afghanistan and Pakistan still needs to be completed. The World Bank stopped financing the project after the Taliban came to power. Following an appeal by the project’s participants, implementation of CASA-1000 was resumed in May 2024 with the financial support of the World Bank.

In recent years, Tajikistan and Kyrgyzstan have required additional kilowatts, so the completion date of the construction still needs to be determined, leaving Pakistan at risk of being left without Central Asian electricity.

Nevertheless, Pakistan’s cooperation with Central Asia is developing. Islamabad is interested in enhancing trade ties, and joint economic commissions have been established. For example, Pakistan’s trade volume with Tajikistan has increased 1.6 times compared to 2022, reaching $52.7 billion.

According to Vorobyov, if transport links between Central and South Asia reach a new level and trade and economic relations improve, both the Central Asian nations and Pakistan will benefit.

“However, it should be understood that Pakistan is a tough partner for post-Soviet countries in terms of economic relations. Big differences in terms of legislation, poverty of the majority of the population, and poorly developed energy infrastructure all have an impact,” Vorobyov concluded.

Push to Increase Youth Employment in Uzbekistan.

At the meeting on June 28, Uzbekistan president Shavkat Mirziyoyev forwarded a proposal for boosting employment amongst the country’s youth.

According to a report by press secretary Sherzod Asadov,  announced on Telegram, regional and district governors have been instructed to hold job fairs in schools, technical institutes, universities, and recreation parks over the summer, with the aim of placing some 150,000 young people in vacant positions.

The president stressed the importance of organizing construction squads in the summer months and recruiting 100,000 young people for monthly jobs.

He also noted that initiatives offered by businesses for vocational training and employment of young people continue to be supported.

From the 2024/2025 academic year, expenses incurred by entrepreneurs in training and employing students from schools, colleges, and technical institutes are to deducted from the tax base. Student income tax and social tax are set at 1%.

Almaty to Host International Conference KazHackStan-2024

The Kazakh Ministry of Digital Development, Innovation and Aerospace Industry has announced that Almaty is to host KazHackStan-2024 from 11-13 September. Featuring presentations by more than 30 worldwide specialists, the cybersecurity conference is expected to attract over 5,000 visitors from home and abroad.

KazHackStan will represent all aspects of cyber defense. Government & Business Day will provide a platform for discussion on policy and legislation; Secure Development Day, on experiences in secure software development; and HackDay, where experts and novices will learn about hacking techniques and vulnerabilities.

As part of the conference, the Ministry and the Centre for Analysis and Investigation of Cyber ​​Attacks, will conduct a panel session for members of Organization of Turkic States on cybersecurity in the region.

The event will also include a CyberKumbez competition – the largest hacker competition in Central Asia – involving over 100 hackers and representatives of both large companies and government agencies. Models of real IT infrastructure have been prepared for participants to simulate and neutralize virtual threats, to help ensure the future security of the state and society.

 

Uzbekistan’s Consumer Confidence Index Falls to Record Low

Based on Freedom Finance’s research, Spot has reported that the consumer confidence index in Uzbekistan fell to a record low in May. The indicator reached 126.8 points in May, decreasing by 3.4 points during the month. The decline was recorded in all five sub-indices, with the most substantial decline in economic dynamics in the last year.

The assessment of changes in the economic situation decreased by 117.5 points (-7.8). In March, 58% of Uzbeks had noted that the financial crisis had improved in the last twelve months; but in April, this figure decreased to 53.5%, and in May, to 48%. Just a third of respondents living in Tashkent assessed the economic dynamics positively. In Namangan, the percentage of positive responses decreased from 58.3% to 46.1%, while in five other areas it decreased by between 7 and 9%. The sub-index of changes in citizens’ financial situation also decreased by 128.4 points (-2.9).

Inflation is increasing in Uzbekistan. During the past year, prices have increased significantly—by 48.5% – breaking the record set in October of last year. The share of citizens who noted increased housing and communal services tariffs rose from 21.4% to 44.1% over two months.

Conversely, only 13.2% of participants expect inflation to accelerate next month, and 28% over the course of the year. Expectations of devaluation also decreased: 63.4% expected a substantial weakening of the som against the dollar during the year, and 43.5% in the monthly range.

Freedom Finance analyst Daniyor Orazboev told Spot that the decline in consumer confidence was caused by a “sharp acceleration of inflation due to administrative decisions in Uzbekistan.”