• KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00198 -0%
  • TJS/USD = 0.10899 0.93%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00198 -0%
  • TJS/USD = 0.10899 0.93%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00198 -0%
  • TJS/USD = 0.10899 0.93%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00198 -0%
  • TJS/USD = 0.10899 0.93%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00198 -0%
  • TJS/USD = 0.10899 0.93%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00198 -0%
  • TJS/USD = 0.10899 0.93%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00198 -0%
  • TJS/USD = 0.10899 0.93%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00198 -0%
  • TJS/USD = 0.10899 0.93%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
06 December 2025

Viewing results 1 - 6 of 119

Azerbaijan and Uzbekistan Collaborate to Construct Ferries

Azerbaijan and Uzbekistan plan to cooperate on the construction of ferries. These ferries will be provided for Uzbekistan's needs, and the project will cost $150 million. Several measures are being suggested to expand the countries' cooperation in the transport and transit sectors. The joint construction of warehouse infrastructure is being mooted, as well as the creation of a joint venture to further develop transportation along the Trans-Caspian route. The Times of Central Asia previously wrote about the Uzbekistan-Azerbaijan business forum that was held in Tashkent on August 22. As a result of the forum, a portfolio of projects worth $2 billion was formed in energy, chemistry, mining, textile, agriculture, urban development, and other areas. Also, on May 1 this year, the energy ministers of Azerbaijan, Kazakhstan, and Uzbekistan met in Tashkent and signed a memorandum of cooperation to connect their countries' energy networks. The initiative's main goal is to study the means of connecting energy systems through a high-voltage cable installed in the Caspian Sea to export green energy from Azerbaijan, Kazakhstan, and Uzbekistan to countries of the European Union.

Kazakh-German Business Council Meets to Expand Economic Cooperation

The 15th meeting of the Kazakh-German Business Council for Strategic Cooperation, co-chaired by First Deputy Prime Minister of Kazakhstan Roman Sklyar and Director of the Eastern Committee of the German Economy Michael Harms, was held in Berlin on August 28. The meeting gathered Kazakh government and business representatives and heads of leading German companies such as Siemens, Svevind Energy, CT Agro, CLAAS KGaA, Flight Design General Aviation, Deutsche Bahn, KfW Banken Gruppe, and Deutsche Bank. The co-chairs emphasized that the event was taking place ahead of Federal Chancellor of Germany Olaf Scholz's visit to Kazakhstan in September. The meeting focused on expanding Kazakh-German trade and economic cooperation, attracting investments, and implementing joint projects in the agro-industrial sector and processing industry. It was noted that Germany is Kazakhstan's largest trading partner in the European Union, and that Kazakhstan is among Germany's top 50 foreign trade partners. The lion's share of German investments in Kazakhstan go to the country’s non-raw materials sector — the processing industry, chemical industry, production of building materials, transport, and agro-industrial sector. Speaking on the sidelines of the event, Kazakhstan Deputy Minister of Foreign Affairs Alibek Kuantyrov urged further to intensify cooperation between the Kazakh and German business communities. Noting the critical role of German companies in Kazakhstan’s industrialization, Kuantyrov stated that German companies are implementing 66 projects in Kazakhstan for a total of $54 billion, creating about 15,000 jobs. Kuantyrov added that since 2005, German companies have invested about $7.8 billion in Kazakhstan’s economy, with a significant increase in the past year, reaching $770 million. He expressed confidence that the upcoming visit of Scholz to Kazakhstan will bring bilateral relations to a new level and give an additional impetus to strengthening existing and creating new economic ties. Kuantyrov emphasized the significance of cooperation in the context of the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor. He noted that cargo traffic through the Middle Corridor to Germany and the EU has increased almost threefold since the beginning of 2022 — to 1.5 million tons and 2.6 million tons, respectively, during the first seven months of this year, adding that the potential of TITR is estimated at 10 million tons of cargo a year. In this regard, Kuantyrov invited German partners to participate in developing Kazakhstan’s Caspian Sea ports of Aktau and Kuryk.

Kazakhstan and Tajikistan to Cooperate Over Rare-Earth Metals

Kazakhstan’s national atomic company, Kazatomprom, the world's largest producer of uranium, has announced a new strategic partnership with Tajikistan’s TajRedMet (Tajik Rare Metals) in the mining and processing of uranium and rare and rare-earth metals. According to the parties' agreement, the companies will collaborate in exploring, mining, and processing uranium and other rare and rare-earth metals, conducting research and development work, introducing innovative technologies, and training personnel. Meirzhan Yussupov, CEO of Kazatomprom, commented: “This step is of great importance for strengthening the partnership between our companies. Although it is too early to talk about specific results, we are focused on promising joint projects in the uranium industry and rare and rare-earth metals, which can significantly benefit Kazakhstan and Tajikistan.” As part of the agreement, TajRedMet representatives will soon visit Kazakhstan to inspect Kazatomprom's production facilities and assess the potential for further cooperation in more detail. According to an IAEA research paper, Tajikistan has significant mineral resources awaiting development, including rare metals, earth elements, and uranium. Several countries have expressed interest in the development of Tajikistan’s uranium resources. Russia was considering assisting Tajikistan in developing its uranium resources, as well as assisting in geological prospecting, with the aim of involvement in the subsequent extraction and possible processing of uranium. China’s Guangdong Corporation has also expressed an interest in participating in projects to develop Tajik uranium deposits. The Tajik government has also agreed to allow Indian companies to explore for uranium mineralization. In his address to parliament in December 2023, Tajik President Emomali Rahmon ordered the government to focus on mining lithium, tungsten, nickel, and antimony, and develop a program for processing these metals domestically into finished products.

U.S. Think Tank Calls on American Politicians to Make Uzbekistan a Valued Partner

Daniel Runde, a senior vice-president at the Washington, D.C.-based think tank the Center for Strategic and International Studies (CSIS), has called on American politicians to strengthen the U.S.'s relations with Uzbekistan. He believes that Uzbekistan, a key partner for the United States in Central Asia, deserves more attention from the West. With Russia’s invasion of Ukraine and growing competition with China, the U.S. could strengthen ties with Uzbekistan to promote regional stability and counterbalance Russian and Chinese influence. “Uzbekistan seeks more engagement with the United States through bilateral efforts and the “C5+1” (the five Central Asian countries plus the United States) diplomatic platform. We might never become Uzbekistan’s best friend. However, we could become better and more reliable friends. Uzbekistan has five bordering countries, and at one point in the early 2000s, it considered the United States its ‘sixth neighbor,’” Runde mentioned. “When the U.S. government was active in Afghanistan, we supported Uzbekistan’s efforts to develop its economy and invest in its security. With our disengagement from Afghanistan, we need to look at Uzbekistan as the valued partner that it could be and re-engage. We should work towards the day that Uzbekistan considers the United States its ‘sixth neighbor’ again.” According to Runde, there are several goals that the US could assist Uzbekistan in achieving. While some are significantly more difficult to handle, others are relatively straightforward: 1) Uzbekistan wants U.S. support to join the World Trade Organization (WTO), a goal it has pursued for almost 30 years. The U.S. has provided some technical help, and during a recent visit, U.S. Trade Representative Katherine Tai reaffirmed America’s support. For further progress, Uzbekistan could benefit from greater involvement from U.S. institutions like the Development Finance Corporation (DFC), Export-Import Bank (EXIM), and U.S. Trade and Development Agency (USTDA) to strengthen trade ties with the U.S. 2) Uzbekistan and other Central Asian countries want the U.S. to repeal the Jackson-Vanik Amendment, which restricts regular trade with them. This amendment, initially targeting Soviet-era policies, is now outdated and seen as disrespectful, as it treats these nations as if they are still part of the Soviet Union. Repealing it would show that the U.S. respects their independence and is ready to treat them as equal partners. “Jackson-Vanik now restricts normal trade relations with several existing and former nonmarket economies, including Uzbekistan. For countries like Uzbekistan, Jackson-Vanik is a sign of disrespect that encourages them to take their business to China, Russia, Turkey, or the Gulf,” Runde argues. 3) He notes that many developing countries, including Uzbekistan, would like to see Congress successfully renew the Generalized System of Preferences (GSP), a trade preference program. “The GSP benefited many developing countries by providing duty-free treatment for their products. With the absence of this program, trade volumes between Uzbekistan and the United States have not been as impressive as they might have been. Compare U.S. trade with Uzbekistan and Uzbekistan’s trade with China, Russia, or the EU. The lapse of the U.S. GSP has had a real impact on our influence...

Uzbekistan Builds a Religious School in Afghanistan

TOLOnews is reporting that Uzbekistan has agreed to finance the construction of a religious school in the Afghan city of Mazar-i-Sharif. The school, which will be built on sixty acres of land and will cost $6 million, is intended for one thousand pupils. The Consul General of Uzbekistan in Mazar-i-Sharif, Furqat Nazarov, said that the school is being built at the request of the governor of Afghanistan's Balkh province. Nazarov added: “We have allocated one year for this project, and it will be completed by then.” Balkh's Deputy Governor Nurul Hadi Abu Idris commented: “This is a sign of the coordination of the Islamic Ummah. Unity among Muslims is increasing daily.” Afghan officials consider Uzbekistan's establishment of this school to be a practical step in strengthening relations between the two countries. Abdul Jalil Shaheedkhil, the head of Balkh province's education department, said: “The establishment of this school, God willing, will further strengthen relations between Afghanistan and Uzbekistan.” Zabihullah Noorani, the head of information and culture in Balkh, said: “This will be the largest school in Afghanistan, and it will improve our education sector.” The Consul General of Uzbekistan in Mazar-i-Sharif promised to strengthen ties with Afghanistan, and added that Uzbekistan would soon resume providing education and business visas for Afghan citizens. Uzbekistan and Afghanistan are developing their trade relations. This year there are opportunities to increase the volume of mutual trade to $1 billion and, soon after, to $3 billion. Uzbekistan has also finished repairing the Naibabad railway station in Afghanistan.

Uzbekistan and Afghanistan to Increase Trade Turnover to $3 Billion

The government portal of the Republic of Uzbekistan has reported that on August 17, a delegation led by the Prime Minister of the Republic of Uzbekistan, Abdulla Aripov, visited Afghanistan. President Mirziyoyev has previously stated that no positive result can be achieved without establishing an international dialogue with the current government in Afghanistan. In a special resolution of the United Nations General Assembly adopted in 2022 at Mirziyoyev's initiative, it was recognized that Afghanistan has a special place in establishing relations between Central Asia and South Asia. As the report states, Uzbekistan was one of the first to establish a constructive and mutually acceptable dialogue with the interim government of Afghanistan. During the meetings, the development of trade relations with Afghanistan, the promotion of effective cooperation in the field of energy to a new level, the implementation of joint development projects in copper, iron, oil and gas fields, transport and logistics, agriculture and water management, education, and further development of inter-regional relations were discussed. It was also noted that there are possibilities to increase mutual trade turnover to $1 billion this year, and to $3 billion shortly after. It was reported that agreements on the protection of bilateral investments and preferential trade would give great impetus to the further development of trade and economic cooperation. Former Minister of Foreign Affairs and Director of the Central Asia International Institute, Vladimir Norov, wrote on LinkedIn that 35 contracts with a total value of $2.5 billion were signed between the government of Uzbekistan and the Taliban. "They were signed yesterday in the presence of Taliban Deputy Prime Minister for Economic Affairs, Abdul-Ghani Baradar and Uzbek Prime Minister, Abdulla Aripov. Of these, 12 documents are investment documents worth $1.4 billion, and 13 are trade documents worth $1.1 billion. Uzbekistan will train 100 Afghan railway specialists and accept 500 Afghan students for a grant work that has begun to simplify the issuance of visas to Uzbekistan for Afghan students and businessmen," Norov wrote. One of the main announcements was the introduction of a Preferential Trade Agreement, which will come into effect on October 1, 2024. This agreement will eliminate import duties on 14 different products, simplify the process for exporters, and increase trade flow between the two countries. To further support cross-border trade, the Ayritom-Khayraton border post has switched to 24-hour working hours starting August 1, 2024. Previously, The Times of Central Asia reported that the Uzbek side has finished repairing the Naibabad railway station in Afghanistan.