• KGS/USD = 0.01143 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10593 0.47%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10593 0.47%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10593 0.47%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10593 0.47%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10593 0.47%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10593 0.47%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10593 0.47%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10593 0.47%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%

Tashkent Announces International Contest to Design New Entrance Gates

The city authority (hokimiyat) of Tashkent has announced the start of an international competition to develop a sketch concept for four entrance gates to the capital of Uzbekistan. The new gates will be created at the Rohat, Bektemir, Erkin, and Uchkahramon posts.

The project should embody modern and traditional ideas, with construction planned to begin by the end of this year. The competition is open to both Uzbek and international participants, and those wishing to participate can submit their works individually or in teams. The three best works will receive cash prizes from 30 to 100 million UZS ($2,350 to $7,800).

The winner will be announced on November 30.

Until the 19th century, Tashkent was surrounded by a mighty fortress wall divided by 12 gates. At first, the fortress of Binkenta (the former name of Tashkent) had seven gates, but with the city’s expansion by 1864, their number reached 12. Since the shape of the city wall coincided with the system of stars, the gates were built according to the location of 12 stars of the Zodiac according to the cycle of Muchal. Thus, 12 gates were the earthly reflection of heavenly luminaries. Tashkent was the only city in the world with such celestial gates.

These gates were destroyed, and the fortress wall was demolished in the late 19th century. But in recent years, there have been repeated ideas to restore part of the entrance gates. In June 2022, the Tashkent hokimiyat presented the first sketches for the fortress gates.

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GTA and Counter-Strike Banned in Tajikistan

Residents of Tajikistan have been ordered to refrain from playing popular computer games such as Grand Theft Auto and Counter-Strike, and owners of computer game clubs have been banned from distributing them.

According to information published by the Dushanbe police press service on Telegram, these games can influence young people and make them more prone to criminal behavior.

“According to the results of the historical and cultural expertise of the Tajik Ministry of Culture, the games Counter-Strike and Grand Theft Auto contain scenes of violence, murder, and robbery,” police said.

Game club owners and parents of children were told to comply with national laws prohibiting violent and unethical video games, and said raids would be conducted at game clubs to detect violations.

A similar initiative has been discussed in Russia. In 2022, the State Duma proposed banning video games containing violent scenes, pornography, and profanity.

Counter-Strike is a multiplayer shooter in which teams of special forces and terrorists perform missions to rescue hostages, clear bombs, or protect VIPs. Grand Theft Auto (GTA) is an adventure game in which the player performs missions in fictional American cities, participating in criminal activities, driving vehicles, and committing robberies to advance the story.

Aging Kyrgyzstan: Economic Challenges and Empowering Seniors

According to the National Statistical Committee of the Kyrgyz Republic, the country’s population is aging quickly. Based on UN data, the agency predicts that the proportion of elderly people (65 and over) in Kyrgyzstan will significantly increase by 2030. According to the analysis, currently, 5.7% of the total population is elderly, and this figure may reach 8% by 2030.

Speaking about the processes associated with an aging population, experts have highlighted social funds related to the payment of pensions, benefits, and other contributions to people who have finished their careers. Additionally, an aging population will produce fewer materials and public goods, and state tax revenues will decrease, which could lead to a decline in the country’s standard of living.

However, economist Kubanychbek Idinov sees this as a manageable problem. The 61-year-old believes that the increase in the average age is indicative of an improvement in Kyrgyzstan’s standard of living.

“The country’s GDP is growing, and state budget spending on social projects is increasing. But we need to give pensioners more opportunities to work. This will be a great help to the revenue side of the budget. People who retire can work elsewhere. This allows them not to rely on their pensions alone, to have additional income,” Idinov told The Times of Central Asia.

Most retirees in Kyrgyzstan continue to work. Idinov said they start small businesses or enterprises and pass on their experience to young people. According to official data, the country currently has about 150,000 working pensioners.

“It is necessary at the state level to support trade unions’ work in attracting retirees to work. It is possible to work at the level of local authorities. Then the issue of small pension growth will not be acute for people and the state,” Idinov said.

On a related matter, Kyrgyz sociologists say that despite a slowdown, the country’s population grew by almost half a million people (+7.8%) over the year. Kyrgyzstan remains the second-largest Central Asian country in terms of population growth after Tajikistan.

“The increase in population, despite a slight decrease in the growth rate, is provided by the excess of births over deaths with a negative balance of external migration,” the report of the National Statistical Committee states. The large number of labor migrants returning home is also helping to combat the decrease in the number of able-bodied people.

In 2007, experts from the UN Demography Department suggested evaluating countries as those with an old population if more than 7% of its citizens are over 65 years old.

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U.S. Sanctions Uzbek Companies Supplying Russia with Equipment

The U.S. Department of the Treasury has sanctioned 275 individuals and entities involved in supplying Russia with advanced technology and equipment that it desperately needs to support its war machine. The Uzbek companies Uzstanex and The Elite Investment Group are among the sanctioned entities.

Deputy Secretary of the Treasury Wally Adeyemo emphasized that the U.S. and its allies are committed to halting the flow of essential tools and technologies that enable Russia to pursue its unlawful war against Ukraine. “As demonstrated by today’s actions, we are unwavering in our resolve to weaken Russia’s military capabilities and to penalize those attempting to circumvent or evade our sanctions and export controls,” Adeyemo stated.

Uzstanex is part of the StanexGroup holding. The company sells and adjusts machine tools in Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan.

According to the U.S. Treasury Department, the machine tools purchased by Uzstanex were delivered to Russia through the Chinese company Shanghai Winsun Imp and Exp Co Ltd (Shanghai Winsun), which is why sanctions were imposed against it.

The Elite Investment Group is a non-specialized wholesaler. It is noted that from mid-March to May 2024, using GUCLU GLOBAL as a carrier agent, the company delivered approximately $190,000 worth of high-priority goods, including electrical transformers, to companies in Russia, including the GS Group.

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Tajik-Born Russian Citizen Sentenced for High Treason in Moscow

The Moscow City Court has sentenced Firuz Dadoboev, a Tajikistan-born Russian citizen, to 13.5 years in a strict regime penal colony on charges of high treason (under Article 275 of Russia’s Criminal Code) for actions benefitting the United States.

According to reports, Dadoboev, an IT specialist at a Moscow-based company, allegedly obtained classified information unlawfully. Investigators claim he intended to pass this information to a U.S. intelligence representative, having reportedly contacted the CIA. The Federal Security Service (FSB) stated that Dadoboev confessed and expressed remorse. Along with the prison term, he was fined 300,000 rubles (about $3,000).

On October 29, TASS released a video showing his arrest and sentencing. His detention was initially reported in December 2022, when he was held in the Lefortovo detention center.

Previously, The Times of Central Asia has reported that Russia is recruiting immigrants to the war with Ukraine. Central Asian migrants say that Russia threatens those who refuse to participate in the war with imprisonment.

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IFC Increases Investments in Central Asia

The International Finance Corporation (IFC), a member of the World Bank Group, says it committed $1.04 billion in Central Asia in the fiscal year 2024, which started on July 1, 2023, and ended on June 30, 2024. The funds comprised over $400 million in long-term financing from IFC’s account, $600 million in mobilization, and $35 million in short-term trade and supply-chain finance to facilitate trade flows.

The funds, coupled with advisory support, aimed to increase private sector participation, create jobs, boost financial inclusion, bolster infrastructure, and support the region’s green transition.

Priority sectors included finance, capital markets, renewable energy, agriculture, and infrastructure.

Over the last fiscal year, IFC-supported projects in the Central Asian region created about 35,000 jobs, including more than 13,000 for women.

Strengthening local financial markets is among its key objectives. To that end, the IFC invested $228 million in 10 financial institutions in Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan, with up to half earmarked for women entrepreneurs and rural enterprises. The IFC also supported local financial institutions in growing their micro, small, and medium enterprises (MSME) businesses, advancing climate finance and digital transformation, and issuing the first-ever sustainability, social, and green bonds.

The IFC and the World Bank financed a new solar plant with the country’s first battery energy storage system to support Uzbekistan’s green transition and climate action. The plant is expected to provide electricity access to approximately 75,000 households in the Bukhara region.

In Tajikistan, the IFC invested in the country’s first green bond, issued by Eskhata Bank. The bond will support climate-smart projects and MSMEs undertaking environmental projects.

In Kazakhstan and Kyrgyzstan, in addition to investments to increase financial inclusion, the IFC has been evaluating new advisory and investment opportunities, including PPPs in areas such as drinking water supply, renewable energy (including geothermal solutions for heating and cooling), railway projects as part of the Middle Corridor, and the first municipal green bonds in Central Asia. The IFC also supports Kazakhstan’s accelerated methane mitigation efforts, which align with the Global Methane Pledge.

Wiebke Schloemer, the IFC’s Director for Türkiye and Central Asia, reiterated its commitment to the region: “Over the past 20 years, the region has seen substantial development, with an average annual growth rate of 6.2 percent. Central Asia must leverage the green transition to boost private investment, strengthen connectivity, and reduce resource dependency to continue this growth. The IFC aims to address these goals and continue to deliver solutions where we are needed most — from increasing access to finance for farmers and women entrepreneurs to creating jobs to continue to help countries transition to net zero.”