• KZT/USD = 0.00222
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00222
  • TJS/USD = 0.10820
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
11 September 2026

Viewing results 1 - 6 of 54

SCO Summit Delivers Institutional Reform but Leaves Development Bank Unsettled

Leaders of the Shanghai Cooperation Organization adopted amendments to the bloc's Charter and approved regulations for two security bodies in Bishkek on September 1, but stopped short of launching the proposed SCO Development Bank. The official outcome list contains 28 documents. They include the Bishkek Declaration marking the SCO's 25th anniversary, a statement on assistance to countries affected by emergencies, and measures covering transport, digital policy, energy, and climate cooperation. For Kyrgyzstan, which used its fourth chairmanship to press for new financial and emergency response mechanisms, the results were mixed. The emergency statement gave political backing to a Kyrgyz initiative, while the bank remained under negotiation. Kazakhstan then made a competing offer to host its headquarters. An institutional package The member states signed a protocol amending the 2002 SCO Charter and approved regulations for the Universal Center for Countering Security Challenges and Threats. They also approved rules for the executive committee of the SCO Anti-Drug Center. The package included programs against drug addiction and synthetic narcotics through 2030, as well as amendments to the 2010 agreement on cooperation against crime. The decisions continue an institutional reorganization begun at the 2025 Tianjin summit. That meeting approved agreements establishing the Anti-Drug Center in Dushanbe and a Universal Center based on the SCO's existing regional counterterrorism structure in Tashkent. President Sadyr Japarov said the organization should remain free of bloc politics and confrontation. He called for the rapid launch of the Universal Center and said Bishkek had prepared the conditions for an SCO center against transnational organized crime. Opening the meeting, he said the anniversary should become the start of a new phase for the organization. Bank progress, but no launch The Bishkek Declaration records progress toward creating an SCO Development Bank among interested member states during Kyrgyzstan's chairmanship, though the wording is qualified. The summit did not produce a founding agreement, capital commitment, or a launch date. Japarov urged members to reach a practical decision on the bank and invited them to use Kyrgyzstan's Tamchy Special Financial Investment Territory for joint projects. Kyrgyzstan had already proposed Bishkek as the bank's headquarters. However, Kazakh President Kassym-Jomart Tokayev used his summit address to make a rival offer. Kazakhstan supports directing the proposed bank's resources toward infrastructure, technology, and industry, he said. "If there is consensus among the member states, Kazakhstan could host this institution, its headquarters," Tokayev said in the official transcript. The two bids underline how much remains unresolved. Members reached political consensus to establish the bank in Tianjin last year, but its membership, governance, capital, and location are still being negotiated. Kyrgyz emergency initiative advances The heads of state adopted a separate statement on assistance to countries affected by emergencies. Kyrgyzstan had spent its chairmanship promoting an SCO assistance mechanism and, in May, sought support for a special account to finance emergency aid after major natural disasters. The statement's adoption is a clear political success for Bishkek. Its published title does not establish whether members accepted the proposed special account or how...

Kyrgyzstan Hosts SCO Summit as Bloc Marks 25 Years

Leaders of the Shanghai Cooperation Organization's ten member states are due in Bishkek on September 1 for the final summit of Kyrgyzstan's 2025-2026 chairmanship. The meeting is expected to produce a Bishkek Declaration marking the SCO's 25th anniversary, alongside thematic statements and other decisions. For Kyrgyzstan, the gathering is more than a turn in the organization's rotating chairmanship. As many as 21 heads of state are expected in the country during the week, according to presidential spokesman Askat Alagozov. The summit coincides with Kyrgyzstan's Independence Day and the August 31 opening of the World Nomad Games. The member-state session will bring together Belarus, China, India, Iran, Kazakhstan, Pakistan, Russia, Tajikistan, and Uzbekistan, with President Sadyr Japarov as host. Chinese President Xi Jinping will also make a state visit, giving the summit a substantial bilateral program alongside the formal meetings. Kyrgyzstan's Diplomatic Week The summit comes less than three months after Kyrgyzstan was elected to the UN Security Council for 2027-2028, its first term on the body. Hosting the SCO gives Japarov an opportunity to reinforce that diplomatic profile before the Security Council term begins in January. The SCO's foreign ministers reiterated in July that Central Asia is the organization's core and backed a larger role for it in the region's security and economic development. Their statement also praised Kyrgyzstan's chairmanship and confirmed that the Council of Heads of State and SCO Plus meetings would take place in Bishkek on August 31 and September 1. What Cholpon Ata Already Settled At their July 24 meeting in Cholpon Ata, SCO foreign ministers approved the draft declaration and accompanying documents as a basis for the summit. The language is therefore largely negotiated before the leaders arrive, although the final package can still change. The ministerial statement gives a clearer indication of the political agenda, supporting a multipolar world order and rejecting unilateral sanctions. It also calls for more intra-SCO trade. Terrorism, separatism, extremism, drug trafficking, and transnational organized crime remain its stated security priorities. The statement says the SCO is entering a period of institutional reform, including changes to its legal framework and cooperation procedures. A Development Bank Still Taking Shape Economic cooperation will occupy a significant part of the summit. In Tianjin last year, interested member states reached political consensus to establish an SCO Development Bank. The institution is not yet operational. At the fourth consultation meeting in Shenzhen in June, delegates discussed its key elements and the next stage of negotiations. A timetable or capital commitments announced in Bishkek would move the proposal beyond its current design stage. The bank could eventually provide another source of finance for infrastructure, but its structure and membership remain unsettled. Currency diversification will also remain part of the discussion. The 2024 Astana Declaration called for gradual growth in the use of national currencies for settlements among interested members. Sanctions on Russia and Iran have increased the political importance of that effort, although the SCO has not created a common payment system. SCO Plus, but Not...

Xi Jinping Heads to Bishkek as Kyrgyzstan Prepares to Host 21 Heads of State

Chinese President Xi Jinping will attend the Shanghai Cooperation Organization summit in Bishkek and make a state visit to Kyrgyzstan, Beijing has confirmed. The trip, which also includes a state visit to Egypt, will run from August 30 to September 3. The formal meeting of the SCO Council of Heads of State is scheduled for September 1. As many as 21 heads of state are expected in Kyrgyzstan during the week, according to presidential spokesman Askat Alagozov. Xi had long been expected to be among the leaders traveling to the Kyrgyz capital, but the formal confirmation turns attention from the guest list to the business that may be conducted around the main session. For Kyrgyzstan, the most consequential part of the visit may come in Xi's talks with President Sadyr Japarov rather than in the summit hall. The Times of Central Asia will be reporting from Bishkek as the delegations arrive, and from the opening ceremony of the World Nomad Games on August 31. Several visiting heads of state are expected to attend the ceremony, which will bring summit diplomacy and Kyrgyzstan’s biggest cultural showcase together on the eve of the SCO meeting. Kazakhstan’s President Kassym-Jomart Tokayev has already confirmed that he will be there. The spectacle will be considerable, but the substance is likely to emerge in the bilateral meetings, signed agreements, and final documents released around the September 1 summit. The State Visit and the Railway The state visit format gives Xi and Japarov a bilateral program alongside the summit. The most prominent economic issue is likely to be the China-Kyrgyzstan-Uzbekistan railway, a project discussed for decades that is now under construction across some of Kyrgyzstan's most difficult terrain. The Kyrgyz authorities put the railway’s construction cost at about $4.7 billion. China holds 51% of China-Kyrgyzstan-Uzbekistan Railway Company LLC, while Kyrgyzstan and Uzbekistan each hold 24.5%. Roughly half of the cost is being financed through a 35-year Chinese loan to the company. The summit could bring clearer evidence of how quickly construction is progressing. Any new financing, contracts, or cross-border arrangements would be more significant than another general statement of political support. The railway also places Kyrgyzstan inside a larger shift in regional trade. Commerce between China and the five Central Asian states passed $100 billion in 2025. Bishkek wants a larger share of that traffic and more of the value created along transit routes. Xi's visit offers Japarov an opportunity to press the case for logistics hubs, local employment and supporting roads rather than transit alone. The Documents Behind the Ceremony The SCO's national coordinators have been finalizing the outcome documents in the weeks leading up to the summit. Under Kyrgyzstan’s chairmanship, the SCO has emphasized regional stability and economic cooperation, alongside digital transformation, cyber threats, environmental policy, and cultural exchange. SCO decisions require consensus, which tends to soften disagreements in final communiqués. Any agreements that specify funding, deadlines, or responsibility would give the Bishkek package more weight. Bilateral Meetings Around the Summit The summit will bring...

Independence Day, SCO Summit and World Nomad Games Converge in Bishkek

Kyrgyzstan is preparing for one of its busiest days in years. August 31 marks the 35th anniversary of the country’s independence, a day which will also see the opening ceremony of the sixth World Nomad Games. Meanwhile, leaders from the SCO’s ten member states, including Russia, China, India, Kazakhstan, and Uzbekistan, are also expected in Bishkek for a summit. The overlap is partly by design. Organizers say the World Nomad Games opening ceremony will be staged at Bishkek Arena on August 31, alongside the SCO summit program, ahead of the stadium’s formal opening later in September. The new stadium is designed for 51,000 spectators. The formal SCO Council of Heads of State meeting is scheduled for September 1. A detailed public timetable for the summit has not yet been issued. Presidential spokesman Askat Alagozov has said 21 heads of state are expected in Kyrgyzstan during this period, with several also making state visits. The World Nomad Games ceremony will include a parade of participating teams and a short concert program in front of the visiting leaders. Independence Day itself remains set for August 31. President Sadyr Japarov has instructed organizers to hold concerts and entertainment across the regions that day. The main state celebration of the 35th anniversary, however, will take place in Talas on September 11 and 12, which had already been selected to host the program before the August schedule took shape. [caption id="attachment_53765" align="aligncenter" width="1774"] Dancers perform during a previous Independence Day celebration in Bishkek. Photo: Stephen M. Bland/TCA.[/caption] Bishkek is preparing for the movement restrictions that come with diplomatic gatherings. Alagozov asked residents, where possible, to spend August 30, August 31, and September 1 at Issyk-Kul or elsewhere. “Otherwise, the inconvenience will affect you first of all, because roads in the city will be frequently closed for three days,” he said. September 1 will be a paid day off for employees of state and municipal institutions in the capital, with private employers advised to make similar arrangements. City Hall began planning well in advance. In October 2025, Mayor Aibek Dzhunushaliev called for a single operational protocol covering public transport, restrictions, fan zones, and other logistics. “Our main goal is to create comprehensive infrastructure and ensure a high international standard for these events,” he said. The city has since been preparing fan zones so residents and visitors can follow the main programs away from secured venues. Health and emergency planning has followed the same approach. Kyrgyzstan has already held public-health exercises ahead of the Games. The Ministry of Health said on August 10 that more than 600 medical workers are expected to support the SCO and World Nomad Games. Medical posts, strengthened ambulance teams, and a mobile hospital are planned at event sites. The World Nomad Games are familiar territory for Kyrgyzstan. The country staged the first three editions in 2014, 2016, and 2018, before the event moved to Turkey in 2022 and Kazakhstan in 2024. Its return to Kyrgyzstan has grown into a much larger operation....

Uzbekistan-Born Mansurova Named EBRD Regional Head for Kyrgyzstan, Tajikistan, and Turkmenistan

The European Bank for Reconstruction and Development (EBRD) has named Nodira Mansurova as its next regional head for Kyrgyzstan, Tajikistan, and Turkmenistan, putting her in charge of operations in three Central Asian markets where the bank has invested more than €2.5 billion combined. Mansurova will be based in Bishkek and is expected to take up the post on September 1, 2026. She will replace Ayten Rustamova, who has led the regional office since 2021. The appointment gives Mansurova oversight of one of the EBRD’s more varied regional portfolios in Central Asia. As of March 31, 2026, the bank’s cumulative investment stood at €1.177 billion in Kyrgyzstan, €1.059 billion in Tajikistan, and €327 million in Turkmenistan. The three countries present different operating environments for the bank. In Kyrgyzstan and Tajikistan, EBRD activity has included infrastructure, private-sector development, financial services, and energy-related projects. In Turkmenistan, the bank’s work has been more limited and has focused mainly on private businesses and financial-sector activity. Mansurova has worked for the EBRD since 2001. Born in Uzbekistan and now a British citizen, she has held roles in London and in several countries where the bank operates. Her previous posts included regional head of SME Finance and Development for Central Asia, based in Almaty, and head of the EBRD’s operations in Tunisia. Her new role comes as international financial institutions continue to focus on infrastructure, energy transition, private-sector growth, and regional connectivity in Central Asia.

Russia to Build University Campus in Bishkek

The Cabinet of Ministers of Kyrgyzstan has approved the reclassification of land in southern Bishkek for the construction of a new campus for the Kyrgyz-Russian Slavic University, the government said. The decree, signed on April 24 by Prime Minister Adylbek Kasymaliev, transfers the land from agricultural use to settlement status. The project is being implemented under an intergovernmental agreement between Kyrgyzstan and Russia following the state visit of Vladimir Putin to Bishkek in November 2025. It involves the construction of a university campus spanning approximately 30 hectares. Officials say the campus will form part of a long-term strategy to develop educational infrastructure and deepen humanitarian cooperation between the two countries. The new complex is designed to accommodate up to 15,000 students and will include academic, research, and social facilities in line with international higher education standards. Construction is expected to be completed by 2030, with funding to be provided jointly by both sides. It is part of a wider educational push by Russia to bolster the influence of Russian language in the region. Russian cultural organisation Evrasiya, a non-profit organisation linked to the Kremlin, has invested heavily in Kyrgyzstan since 2024. President Sadyr Japarov has instructed that the campus be equipped with modern facilities, while the Finance Ministry has been tasked with allocating funds for the necessary engineering infrastructure. Once the decree comes into force, local authorities will be required to terminate third-party rights to the land allocated for the project. Most of the site is currently state-owned, though part remains in private hands. Authorities also noted the need to comply with environmental, sanitary, and urban planning standards, including measures to improve seismic resilience – a perennial fear for Central Asian cities. The agreement on the campus construction was previously ratified by the parliaments of both countries, including Russia’s State Duma and the Federation Council.