CIS - The Times Of Central Asia

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Uzbekistan Releases Foreign Trade Data For 2024 So Far

The Statistics Agency of Uzbekistan has presented a report on the country’s foreign trade turnover in January-July 2024. According to the report, during this period, the country's foreign trade turnover (FTT) reached $36.8 billion and increased by $1.9 billion, or 5.3%, compared to January 2023. The volume of exports amounted to $14,786 million, which decreased by 1.1% compared to last year; imports increased by 10.1% and amounted to $22,049 million. Kazakhstan became one of Uzbekistan's largest foreign economic partners after China and Russia during this period. This may be due to a common border, trade in the CIS free trade area, and the recent liberalization of mutual economic relations. Uzbekistan has trade relations with 187 countries worldwide. A significant share of FTT was recorded in the PRC (18.6%), Russia (18.5%), Kazakhstan (6.2%), Turkey (4.6%), and South Korea (3.2%). From January to July 2024, the share of the CIS countries in the foreign trade turnover was 35.3%, which increased by 3.1% compared to the corresponding period of 2023. The total cost of FTT with these countries was $13,020.8 million. Exports reached $4,940.3 million, while imports amounted to $8,080.5 million. Uzbekistan's FTT with the Eurasian Economic Union member states amounted to $9,913.1 million. The export volume reached $3,230.5 million, and the import volume reached $6,682.5 million.

CSTO to Hold Series of Military Exercises in Central Asia

In the coming days, the Collective Security Treaty Organization (CSTO) will hold a series of exercises to protect stability in the Central Asia region. The director of the First Department of the CIS countries, Mikael Agasandyan, told RIA Novosti: “Russia is consistently making efforts to develop the CSTO’s potential as an effective structure responsible for maintaining stability in member states and the vast Eurasian space. In the coming weeks, a series of exercises are planned with various components of the Organization’s Collective Forces on the territory of Kazakhstan, Kyrgyzstan, and Tajikistan, aimed at practicing joint actions in the Central Asian region to protect the stability and collective security, in particular, taking into account the situation in Afghanistan.” He also noted the interest in the CSTO's work on the part of Eurasian states that share the opinion on the importance of creating a single, indivisible, and reliable security space on the continent. The Times of Central Asia has previously written about other CSTO military exercises held in Kazakhstan.

Russia Remains Tajikistan’s Largest Trade Partner

Russian news agency TASS is reporting that, according to the Statistics Agency under the President of Tajikistan, trade between Tajikistan and Russia has exceeded $1.1 billion in 2024 so far. During the first seven months of 2024, the trade volume between the two countries was 12.1% more than in the same period of 2023. Russia continues to be Tajikistan’s largest trade partner, and also accounted for 26.7% of all imports entering the country during this period. In terms of bilateral trade, China remains in second place, with turnover to and from Tajikistan of almost $1 billion. Rather surprisingly, Switzerland has now became Tajikistan's leading export partner. In the first seven months of 2024, Tajikistan sent 26.6% of its products to Switzerland. In January-July of this year, the trade volume between the two countries amounted to more than $641 million, and compared to the same period in 2023, it increased almost 110 times.

Uzbekistan to Hold CIS Anti-Terror Exercise for First Time in 2024

Uzbekistan will host a joint anti-terrorism exercise of countries belonging to the Commonwealth of Independent States, or CIS, for the first time this year. The decision comes at a time of heightened concern after gunmen killed more than 140 people at the Crocus City Hall in Moscow on March 22. The Islamic State group, which is said in some quarters to be seeking to recruit more people from Central Asia, claimed responsibility. The suspected gunmen were Tajik migrants in Russia. Last week’s decision for Uzbekistan to host the drill coincided with a meeting on Friday in Minsk, Belarus, of foreign ministers of the CIS, a group of regional countries that was formed after the collapse of the Soviet Union in 1991. Russia and the Central Asian nations are among the members. An advisory council of the anti-terrorism center of the CIS discussed countering the use of unmanned vehicles and artificial intelligence by extremists, as well as “prospects for the development and use of unmanned aircraft systems in the field of security,” the CIS stated. The advisory council also discussed ways to combat “the use of modern digital tools by international terrorist organizations to finance terrorist and extremist activities,” it said.