• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10769 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10769 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10769 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10769 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10769 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10769 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10769 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00211 0%
  • TJS/USD = 0.10769 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%

Viewing results 1 - 6 of 756

Uzbekistan’s Ambassador to Kazakhstan on Regional Integration and a Shifting Global Order

Amid shifting regional dynamics and an evolving global order, Uzbekistan has emerged as one of Central Asia’s most proactive diplomatic and economic actors. Since 2016, Tashkent has pursued an ambitious reform agenda at home while expanding cooperation with its neighbors and major global powers. In a wide-ranging interview with TCA, His Excellency Bakhtiyor Ibragimov, Ambassador Extraordinary and Plenipotentiary of the Republic of Uzbekistan to Kazakhstan, discusses regional integration, strategic partnerships, Afghanistan, China, and the future of economic diplomacy in Central Asia. TCA: Mr. Ambassador, Uzbekistan has demonstrated significant economic progress in recent years. What do you see as the key drivers behind this success? Ambassador Ibragimov: First of all, welcome to the Embassy of the Republic of Uzbekistan in Astana. We are familiar with your publication. We read it often, follow it, and analyze it. I would start with President Shavkat Mirziyoyev taking office at the end of 2016. It is no secret that until 2016, the Republic of Uzbekistan, despite its potential, was a fairly closed country. Our president always asks us, his representatives abroad, to speak openly about this. You cannot rewrite history or hide it. Relations with our neighbors were, frankly, at a very low level, and with some, there were no relations at all. The end of 2016 was a turning point, when reforms were not only declared but implemented and are now yielding results. One of President Mirziyoyev’s first foreign-policy priorities was normalization, and I want to emphasize this: normalization and then improving relations with neighbors. There is a saying in Uzbekistan: "If your neighbor is doing well, then you will also do well." Today, nearly a decade later, we can see that this policy is yielding results. Please note: this is not my personal assessment, but the assessment of international experts who recognize that the President has managed to achieve what once seemed impossible. I am speaking about regional integration with our neighbors. For example, a key issue for Central Asia is water. Many analysts warn that competition for water resources could, in the future, become a potential source of conflict. Two main rivers feed the region. Unfortunately, due to climate change, water volumes are not increasing year by year, while consumption is rising. We have managed to resolve almost all issues to date. In particular, based on the level of accumulation in the autumn-winter period in the upper reaches of the Amu Darya and Syr Darya rivers, and taking into account irrigation needs during the growing season, our water specialists jointly agree on and ensure the necessary water discharge within an agreed time frame. Uzbekistan, as you know, is located in the very center of Central Asia, bordering all Central Asian states, as well as Afghanistan. Today, border issues have largely been resolved. The final chord was struck on March 31, 2025, when the leaders of Uzbekistan, Tajikistan, and Kyrgyzstan signed an agreement on the border junction point, confirming the point of convergence of the three countries’ state borders. It should also be...

Chinese Firm to Modernize Historic Hydropower Plant Near Bishkek

Kyrgyzstan’s state-owned Chakan HPP OJSC has signed a contract with China National Heavy Machinery Corporation (CHMC), which will serve as the general contractor for the modernization of the Lebedinovskaya hydroelectric power plant (HPP) on the outskirts of Bishkek. The project forms part of the Ministry of Energy’s broader program to upgrade and rehabilitate hydropower facilities in an effort to reduce the country’s chronic electricity shortages and strengthen energy security. The Lebedinovskaya HPP is the main station of the Alamedin HPP cascade, which comprises eight small hydropower plants located on the Western Big Chui Canal in the Chui region. According to the Ministry of Energy, the modernization will involve replacing key equipment, increasing generating capacity, and extending the plant’s operational lifespan. The project involves increasing the plant’s installed capacity from 7.6 megawatts (MW) to 10 MW and raising annual electricity generation from 37.2 million kilowatt-hours (kWh) to 53.5 million kWh. CHMC has already begun preparing the design and cost-estimate documentation. Lebedinovskaya HPP is one of the oldest operating hydropower plants in northern Kyrgyzstan. Construction began in May 1942, during World War II. Much of the main construction work was carried out during a harsh winter, when more than 7,000 women and children reportedly excavated frozen soil by hand, transported it across the ice, and stood in icy water to pump out up to 200 cubic meters of groundwater daily to protect the plant’s foundation. Construction was completed in one year and two weeks. In 1943, the city of Frunze, now Bishkek, began receiving electricity from the plant. The additional power enabled factories evacuated from western parts of the Soviet Union during the war to resume operations at their new location.

Kyrgyzstan Between the Russian World and Global Chaos: An Interview With Deputy Prime Minister Edil Baisalov

Edil Baisalov is a politician who began his career as a civil-rights activist, became a prominent member of Kyrgyzstan’s non-governmental organization (NGO) sector, and is now serving as the country’s Deputy Prime Minister. In an exclusive interview with The Times of Central Asia, he explained not only how his views have changed over the years, but also how Kyrgyzstan is seeking to find its place in what he described as a rapidly changing global landscape. In Baisalov’s assessment, the global system is facing a crisis of democracy. “The world order, as we know it, is collapsing – or at least is under attack from both within and without,” Baisalov told TCA. “The era of global hypocrisy is over, and the people of Kyrgyzstan have woken up. “What various international institutions have taught us over the years – their lectures on how to develop an economy, how to pursue nation-building, and so forth – has been proven wrong. Throughout the 1990s, Kyrgyzstan was one of the most diligent students of the liberal policies promoted by the “Chicago Boys.” We followed their instructions to the letter. Kyrgyzstan was the first post-Soviet country to join the World Trade Organization in 1998, and we were the first to receive normalized trade relations with the U.S. with the permanent repeal of the Jackson-Vanik amendment. All of our previous governments followed IMF conditionality dictates to the letter, especially in deregulation, mass privatization, and all the austerity programs and budget sequestrations. We were promised prosperity; that the free markets and the invisible hand would take care of everything. But it did not work. “I remember it well: at the time, U.S. President Bill Clinton laughed at China, saying that Beijing needed to adopt certain policies, to liberalize, or that science could not prosper in a closed society. He claimed the Chinese model was doomed to fail, arguing that scientific and technological breakthroughs could only occur in a Western-style society with minimal state intervention. Yet today, we witness the triumphant rise of the People’s Republic of China. This is not only an emergence but also a return to the rightful place of a great civilization that has, for millennia, contributed enormously to humankind.” TCA: Does this mean you now see China, rather than the West, as a model for Kyrgyzstan to follow? Baisalov: It’s not about the Chinese model or any particular foreign template. What we understood is that as a nation, we are in competition with other nations. Just like corporations compete with each other, nations must look out for themselves. If our state does not actively develop industries and sciences, there is no formula for success. All those ideologies promoting the “invisible hand” – the idea that everything will naturally flourish on its own – are simply false. TCA: When did Kyrgyzstan stop taking orders from outside forces and begin making independent national decisions? Baisalov: We used to be naive about wanting to be liked by others. But not anymore. In the last five years of...

Kyrgyzstan and China to Launch Direct Flight Between Osh and Kashgar

A new air route connecting Osh, Kyrgyzstan’s second-largest city, with Kashgar in China’s Xinjiang Uyghur Autonomous Region is expected to launch in April, according to a statement from Airports of Kyrgyzstan JSC. The announcement follows a meeting held on January 30 with the Commercial Aircraft Corporation of China (COMAC). The new flight is intended to enhance transport connectivity between the two neighboring countries, deepen bilateral trade and economic ties, and promote tourism and cultural exchange. The route is expected to be operated by Chengdu Airlines, a COMAC-affiliated carrier, using COMAC’s C919 aircraft, China’s first domestically developed short-to-medium-range turbofan jet, which can accommodate up to 97 passengers. Osh already has an existing air link to Xinjiang. In November 2025, China Southern Airlines resumed flights between Osh and Urumqi, the region's capital. Xinjiang serves as a strategic gateway to China for Kyrgyzstan, and Kashgar is the departure point for the China-Kyrgyzstan-Uzbekistan (CKU) railway, an ambitious regional infrastructure project aimed at connecting China with Central Asia, the Middle East, and Europe. The 523-kilometer railway will run from Kashgar to Andijan, Uzbekistan, passing through Kyrgyzstan via Torugart, Makmal, and Jalal-Abad. Construction on the CKU railway officially began on December 27, 2024, in Kyrgyzstan’s Jalal-Abad region. New transport links by air and rail are expected to further boost trade between Kyrgyzstan and China. According to Chinese Ambassador to Kyrgyzstan Liu Jiangping, bilateral trade reached a record $27.2 billion in 2025, up 20% from the previous year.

Chinese Investor Plans 500 MW Solar and Wind Power Plants in Tajikistan

Chinese company Dayu New Energy Limited plans to develop solar and wind power plants in the Kubodiyon and Jaihun districts of Tajikistan’s Khatlon region. With a combined installed capacity of 500 megawatts, the project would rank among the largest renewable energy initiatives in the region. During negotiations, it was emphasized that Khatlon has been strengthening its economic ties with Chinese firms and offers favorable conditions for the construction of infrastructure and energy facilities. The region is seen as a key zone for attracting foreign direct investment. Dayu New Energy CEO David Liu noted that the company has operated in the renewable energy sector since 2018, specializing in the construction and operation of solar and wind power stations. He added that the firm is currently implementing wind energy projects in Georgia and Kazakhstan, underscoring its practical experience and technological capacity. Following the meeting, the head of the Khatlon region expressed support for the project and confirmed his willingness to facilitate its development. As previously reported by The Times of Central Asia, Tajikistan has significantly accelerated its transition to green energy. The country has already launched its largest solar initiative to date: the construction of two photovoltaic power plants with a combined capacity of 500 MW, an unprecedented move for the republic. In a related development, the Asian Development Bank recently approved a $1 million grant to support technical assistance for floating solar photovoltaic systems in Tajikistan.

Central Asia Trade with China Tops Record $100 Billion in 2025

Trade between China and Central Asia increased to a record of more than $100 billion in 2025, despite challenges to global economic growth, the Chinese government said on Monday.  Citing data from China’s General Administration of Customs, Foreign Ministry spokesman Guo Jiakun said the trade structure with the Central Asian nations of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan had improved and that more high-end products were entering the Chinese market from the region.   “As global economic growth remains sluggish and the international trading system faces serious challenges, the economic and trade cooperation between China and Central Asian countries has withstood external headwinds, and the trade volume surpassed US$100 billion,” Guo said.  He attributed the increasing cooperation in part to a China-Central Asia summit in Astana, Kazakhstan last year that was attended by Chinese President Xi Jinping and the five Central Asian leaders.  China’s Belt and Road initiatives, which include the development of trade routes that pass through Central Asia and link up with Europe, are also making progress, according to the Chinese official.  Total trade between China and Central Asia was $106.3 billion in 2025, an increase of 12 percent over the previous year, China’s state-run Xinhua news agency reported. Chinese exports such as machinery, electronics and high-tech goods were $71.2 billion, an increase of 11 percent over the previous year. Imports from Central Asia amounted to $35.1 billion, a rise of 14 percent from 2024. China is involved in major projects in Central Asia, including the extraction of minerals used for “clean” technology, equipment manufacturing and the modernization of agriculture. China imports oil and natural gas as well as a growing number of other products from the region.  Russia was once the main trading partner of Central Asia after the fall of the Soviet Union, but China has the lead position now. The United States is also seeking to develop more trade with resource-rich Central Asia, which is diversifying its international partnerships.