Bilateral Cooperation - The Times Of Central Asia

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Trade

Kyrgyz-Chinese Trade and Economic Cooperation Center Opens in Chongqing

A new Kyrgyz-Chinese Trade and Economic Cooperation Center has officially opened in Chongqing, one of southwest China’s largest industrial and transportation hubs. According to Kyrgyzstan’s Ministry of Economy and Commerce, the 300-square-meter facility will serve as a platform for bilateral business cooperation. Kyrgyz entrepreneurs will be able to register their companies and conduct business activities in China free of charge. Also on September 26, Chongqing hosted the opening of Kyrgyzstan’s Trade Pavilion, which will showcase and sell national products such as honey, alcoholic beverages, confectionery, and handicrafts. China remains one of Kyrgyzstan’s most important trade partners, with an increasing share of transactions now carried out in Chinese yuan. Earlier this year, Kyrgyzstan’s state-owned Eldik Bank became the first bank in Central Asia to join China’s Cross-Border Interbank Payment System (CIPS). The system enables direct and instant settlements in yuan with Chinese partners and other participants, bypassing intermediaries and reducing transaction costs. Eldik Bank officials said the move would expand business opportunities and deepen bilateral economic ties. Trade between Kyrgyzstan and China surged by 44.7% in 2024, reaching $5.3 billion, according to Kyrgyz government statistics. Exports from Kyrgyzstan to China grew dramatically to $2.04 billion, 93 times higher than in 2023. China also remained Kyrgyzstan’s largest foreign investor, accounting for 23.9% of total foreign direct investment (FDI) in 2024, valued at $872.6 million.

Japan

From Hydropower to Human Capital: Japarov Plans Strategic Visit to Japan

Kyrgyz President Sadyr Japarov is preparing for a visit to Japan that underscores growing strategic ties between the two countries. Kyrgyz officials say they plan to sign energy and infrastructure agreements in Tokyo, including support for a training center for the national electric grid and upgrades at the Kurpsai hydropower plant, according to Trend, citing the Kyrgyz Energy Ministry. The same report notes that grant funding from Japan’s international cooperation programs will back grid training and modernization efforts. The timing reflects Tokyo’s recent step-up in activity vis-à-vis Central Asia. As previously reported by The Times of Central Asia, in late August 2025, Japan’s foreign minister undertook a multi-country tour that emphasized long-term engagement and connectivity across the region. Japanese officials framed their approach as trust-building, focused on people-to-people links, infrastructure, and practical cooperation. Energy cooperation is expected to feature prominently during the visit. Kyrgyz officials say the Japan-backed training center is moving through final approval, and modernization of the Kurpsai facility is planned with Japanese grant support. Bishkek has also invited Japanese participation in additional hydropower projects, positioning Japan as a technology and financing partner in Kyrgyzstan’s power sector. Labor mobility and skills are another focus. The authorities in Kyrgyzstan have been working with Japanese counterparts to create safe, legal pathways for Kyrgyz workers. In July, Kyrgyz officials met with Japan’s construction human-resources association to align training standards and prepare workers for job opportunities in Japan, and free Japanese-language courses were launched in Bishkek to improve employability for prospective migrants. Education and cultural exchange underpin the relationship. Over three decades, Japan has funded scholarships, exchanges, and language programs that connect Central Asian students to Japanese universities. An overview of these initiatives highlights how education has become a durable pillar of Japan’s regional engagement, building familiarity with Japanese business practices and technology among Kyrgyz graduates. For Bishkek, the visit is about turning ongoing cooperation into signed projects and new resources. Officials point to the grid training center and Kurpsai upgrades as near-term deliverables, while the broader agenda includes workforce programs and academic ties. The message from both sides is continuity: steady, practical steps rather than headline-grabbing announcements. Regionally, Japan’s approach offers Central Asian countries additional partners for finance, training, and technology. For Kyrgyzstan, deeper ties with Tokyo complement existing relationships while helping diversify investment sources and markets. The outcome to watch is whether the visit locks in concrete funding and timelines for priority energy and skills initiatives outlined by the Kyrgyz side.

Kazakh-Chinese Trade

QazTrade Opens Office in Tianjin to Strengthen Kazakhstan-China Trade Ties

Kazakhstan’s QazTrade Center for Trade Policy Development has opened a new office, Kazakhstan Hall, at the International Trade and Shipping Service Center in Tianjin, one of northern China’s leading industrial and port cities. Spanning 100 square meters, the office is designed primarily to showcase Kazakhstani food products and facilitate trade promotion in the Chinese market. It is currently operating in pilot mode, with an expanding exhibition area and ongoing preparations to formally register QazTrade’s representative office. The official opening ceremony is expected later this autumn. According to QazTrade, trade turnover between Kazakhstan and Tianjin reached $347.9 million in 2023 and rose to $474 million in 2024, a sign of steady growth in bilateral commerce. Tianjin serves as a key logistics and trade hub for Shanghai Cooperation Organization (SCO) member states. It offers Kazakhstan access to a “green-light corridor” for SCO countries, multimodal transport links between Asia and Europe, and a variety of investment and financial services. “The opening of the QazTrade office in Tianjin is an important step for us,” said QazTrade Director General Aitmukhammed Aldazharov. “Through the Tianjin port, we will be able to deliver Kazakhstani goods to any country in the world faster and more efficiently.” Growing Bilateral Trade Kazakhstan-China trade continues to gain momentum. During a meeting with Kazakh Minister of Trade and Integration Arman Shakkaliyev on August 20 in Beijing, Chinese Minister of Commerce Wang Wentao stated that bilateral trade reached $43.8 billion in 2024, a 9.2% increase compared to the previous year. In the first half of 2025 alone, trade turnover totaled $21.8 billion. Kazakhstan and China have set a joint target to double bilateral trade by 2030, with expanded cooperation in logistics, agriculture, energy, and manufacturing forming the core of future initiatives.

Pharmaceuticals

Uzbekistan’s Pharma Pivot: Strategic Gains or Growing Dependence on China

Since 2016, Uzbekistan has steadily deepened its partnership with China across multiple sectors. Energy, infrastructure, agriculture, and the digital economy have long been the pillars of this cooperation. Yet recent discussions showed that the pharmaceutical sector will be another critical area for cooperation in the long term. Much like renewable energy and critical minerals, the pharmaceutical sector is now viewed in Tashkent as a strategic domain where Chinese expertise and investment could accelerate development and add value to the domestic economy. The Compelling Logic of Partnership China's strength lies in its ability to produce high-quality, affordable medicines and distribute them globally at scale. For Uzbekistan - whose growing population and rising demand for advanced healthcare have placed pressure on its system - this makes China a natural partner. At present, the Uzbek pharmaceutical market remains heavily import-dependent: by the end of 2024, imported drugs accounted for 87% of retail sales in monetary terms and 63% in physical volume. This reliance not only exposes vulnerabilities but also highlights the untapped potential for local production. Recognizing this, Tashkent has moved to create favorable conditions for investment. The country has established specialized pharmaceutical Special Economic Zones (SEZ) such as Parkent-Pharm and Andijan-Pharm. These SEZs offer investors an attractive package of incentives, from exemptions on customs duties and VAT for raw materials and equipment, to a 20% preference in government procurement for local products. Such regulatory incentives, combined with a growing domestic market, have already begun to draw interest from Chinese pharmaceutical firms. Strategic Priorities Recently, Uzbekistan has signed a series of memorandums of understanding with Chinese firms such as Zhendong Health Industry, Guojo Medical Technology, and Langtian Pharma Group, signaling a stronger bilateral focus on the pharmaceutical sector. These agreements align closely with Uzbekistan’s strategic goal of building a robust domestic pharmaceutical industry with an emphasis on access to capital and technology, localization, and human capital development. One of Uzbekistan’s key priorities is securing access to capital and expertise. Without investment and collaboration with experienced companies, the state cannot establish modern laboratories and production facilities. In this regard, the Uzbek company, Ozwell, has signed an MoU with Zhendong Health Industry Group to jointly implement a modern pharmaceutical laboratory. The partnership involves a total investment of $9.5 million, with $4.5 million allocated toward creating a world-class laboratory facility and $5 million designated for establishing and scaling up a production complex. This agreement reflects Tashkent’s desire to tap into Chinese technical knowledge and experience, while simultaneously building domestic capacity and developing local talent in the long term. Another critical priority is the localization of drug production. By reducing dependency on imports, Uzbekistan is aiming to strengthen supply chain resilience, meet domestic demand, and create new opportunities for regional exports. In this regard, the MoU established with Langtian Pharma Group and Guojo Medical Technology is designed to investigate opportunities for domestic production while promoting technological collaboration and knowledge transfer within the pharmaceutical industry. The final priority is the development of human capital. In this regard, Uzbekistan...

U.S.-Turkmenistan Relations

Opinion: Gas, Geopolitics, and Realism: U.S.–Turkmenistan Talks Signal Shift

U.S. Secretary of State Marco Rubio and his Turkmen counterpart Rashid Meredov wrapped up bilateral consultations last week in Washington, DC. The encounter suggested a new awareness on Washington’s part of Turkmenistan’s pivotal geostrategic location in the heart of Central Asia and its status as a major hub of natural resources. Since becoming head of state in March 2022, Turkmenistan’s President Serdar Berdimuhamedov has shifted his country’s foreign policy from one of strategic isolation to what might be called practical realism, whereby priority is given to fair trade and investments that are in line with national interests and long-term development. Like the other Central Asian heads of state, Berdimuhamedov also champions a pragmatic, interest-based foreign policy. Consequently, they find the current, pragmatic U.S. administration with its concern to work out deals (presumably mutually beneficial ones) more congenial than its predecessor, with its penchant for geostrategic maneuvering and ideology. Secretary Rubio recently observed: “A mature foreign policy requires a balancing of interests - that’s a fact.” This way of thinking goes over well in smaller independent states such as Turkmenistan and other Central Asian countries, whose key national priorities include establishing their statehood on a firm basis and safeguarding their sovereignty amid the turbulent great power politics being played out in their vicinity. Oil and Gas Over the years, Berdimuhamedov has insisted that foreign entities seeking access to the country’s vast natural gas reserves must play by Ashgabat’s rules. Home to the world’s fourth-largest gas reserves, Turkmenistan invites foreign participation in its energy sector, provided that agreements are structured as win-win arrangements and don’t give suitors the geostrategic upper hand. In this context, it would make sense for Washington to get the word out about two upcoming conferences in Ashgabat: The Turkmenistan Investment Forum, September 18– 19, 2025, which will serve to attract long-term investment into the country's economy, and the 30th Oil & Gas of Turkmenistan – 2025 International Conference & EXPO (OGT 2025) on 22–24 October. Turkmenistan had a strong 2024 in terms of energy, producing 77.6 billion cubic meters of natural gas and 8.3 million tons of oil. The OGT 2025 will showcase the country’s resource potential and new investment opportunities, focusing on upstream projects such as the Galkynysh gas field and the Caspian blocks, as well as on initiatives in the areas of renewable energy, methane mitigation, and infrastructure modernization. Moreover, Ashgabat wants to expand its Trans-Caspian and north-south economic corridors and complete the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, among other initiatives in transport and logistics. U.S. companies may want to explore these new opportunities. Travel Limitations to the U.S. Ashgabat is working with the U.S. Department of State to lift recently imposed restrictions on Turkmen citizens wishing to travel to the U.S. Both sides are aiming to ensure that applicants are properly screened before a visa is granted and that recipients comply with its terms. To further deepen ties, Washington should view Turkmenistan’s neutrality towards others on the global stage in security and foreign-policy matters not as an obstacle, but as an advantage that facilitates dialogue. While maintaining its advocacy for democratic principles,...

U.S.-Turkmenistan Relations

U.S.–Turkmenistan Rapprochement: Energy, Neutrality, and Digital Geopolitics

For more than three decades, Turkmenistan has stood apart from its neighbors. Since declaring independence in 1991, it has built its foreign policy around “permanent neutrality,” a status formally recognized by the United Nations in 1995. Neutrality has meant avoiding military alliances, steering clear of regional blocs, and limiting international engagement to carefully managed bilateral relationships. Ashgabat has been especially cautious in its dealings with Washington, keeping contacts minimal while relying overwhelmingly on China to buy its natural gas. That posture is beginning to shift. In 2025, the outlines of a quiet rapprochement between Turkmenistan and the United States are visible. The latest round of Annual Bilateral Consultations (ABCs) in Washington, coupled with Ashgabat’s more active role in the C5+1 regional dialogue, suggests a gradual warming. On September 19, 2023, Turkmen President Serdar Berdimuhamedov participated in the first C5+1 multilateral summit alongside the U.S. and regional counterparts, highlighting Ashgabat’s more active role in the platform. At the heart of this cautious opening are three themes: energy dependence, security on Turkmenistan’s southern border, and the geopolitics of digital connectivity. Annual Bilateral Consultations: A Structured Dialogue The ABCs were launched in 2010 as part of a U.S. initiative to formalize engagement with all five Central Asian states. They are yearly, structured meetings between senior officials that review the state of bilateral relations across political, economic, and security issues. In August 2025, Foreign Minister Rashid Meredov met Secretary of State Marco Rubio in Washington for the 11th ABC. According to the U.S. State Department release, the two sides “underscored their commitment to advancing U.S.-Turkmenistan relations, including through security cooperation, increased economic and investment opportunities, the advancement of religious freedom, and deepening engagement through the C5+1 diplomatic platform.” The statement was deliberately brief and omitted sensitive matters such as the partial visa restrictions Washington imposed on Turkmen citizens earlier that year. But the very fact of the meeting, following years of minimal contact, marked a notable warming. From Episodic Contacts to Broader Cooperation The rapprochement has begun to take shape in concrete ways. Trade between the two countries, though still small, nearly doubled in 2024 to reach $218.5 million. Turkmenistan exported textiles, chemicals, and gas-related equipment, while U.S. exports included aviation technology, electronics, and agricultural machinery. Overall, the trade volume remained the second-lowest among Central Asian states, but the sharp increase pointed to a deliberate effort to expand ties. Reflecting this momentum, on June 8, 2025, Turkmenistan’s Foreign Minister Rashid Meredov met with the Executive Director of the Turkmenistan–U.S. Business Council, Eric Stewart, to discuss cooperation across sectors, including energy, cybersecurity, green technology, and education. Security cooperation has grown more visible. Turkmenistan’s long border with Afghanistan has long been a vulnerability, and while Ashgabat avoided involvement in the U.S.-led war, it quietly welcomed assistance to reinforce border defenses and counter trafficking. The U.S. has provided equipment, training, and support for Turkmen border services, a low-profile effort documented in a Congressional Research Service report. Turkmenistan has invested over a billion dollars in Afghan infrastructure projects...