• KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00198 -0%
  • TJS/USD = 0.10899 0.65%
  • 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 0.65%
  • 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 0.65%
  • 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 0.65%
  • 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 0.65%
  • 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 0.65%
  • 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 0.65%
  • 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 0.65%
  • UZS/USD = 0.00008 -0%
  • TMT/USD = 0.28490 -0.28%
07 December 2025

Viewing results 1 - 6 of 33

EDB Releases Finance for Kazakhstan’s Digital Investment Platform

Following an agreement signed by the EDB and  the Investment Committee of Kazakhstan’s Ministry of Foreign Affairs and National Information Technology JSC, in July, the Eurasian Development Bank’s Fund for Digital Initiatives has allocated the first tranche for a project to establish a National Digital Investment Platform in Kazakhstan. The platform aims to provide comprehensive support to investors and investment projects by streamlining interactions between government authorities and the quasi-government sector to promote investments in Kazakhstan’s economy, and will coordinate and optimize the selection and registration of investment projects, the conclusion of investment agreements, and their monitoring. In addition, the project is expected to serve as a digital transformation model for attracting and supporting investment which can be  implemented in other EDB member states: Armenia, Belarus, Kyrgyzstan, Russia, and Tajikistan. The platform which already has 755 registered investment projects, will  become fully operational by 31 July 2025. Back in March, The Times of Central Asia reported Kazakhstan’s Prime Minister Olzhas Bektenov's announcement that to achieve the target of increasing the Kazakh economy to $450 billion by 2029, at least $150 billion of foreign investment was required during the interim period.

Uzbekistan Rejects Military Alliances and Maintains Observer Role in EAEU

At the opening of the Week of International Partnership Initiatives in Tashkent, the first deputy speaker of the Legislative Chamber of the Oliy Majlis, Akmal Saidov, stated that Uzbekistan will not join any military formations and will remain an observer state in the Eurasian Economic Union (EAEU). Responding to a question on whether Uzbekistan would compromise its sovereignty to cooperate more closely with other countries, Saidov announced: “The first article of our constitution states that Uzbekistan is a sovereign state. If we are talking about joining any paramilitary defense structures and organizations, then no, we will not allow it. We will never send our men [overseas] on military missions, including peacekeeping missions. There will be no foreign military bases in our territory." Saidov also emphasized that Uzbekistan’s current status as an observer in the EAEU is the most appropriate for the country. As head of the parliamentary commission tasked with studying Uzbekistan’s potential accession to the EAEU, Saidov asserted that, after reviewing over a thousand documents, observer status better aligns with Uzbekistan’s interests. He further explained that Kazakhstan had gained minimal benefit from joining the EAEU and that the new Constitution strengthens and strictly follows the main principles of Uzbekistan’s foreign policy. Uzbekistan received observer status in the EAEU on December 11, 2020, during an online summit of the High Eurasian Economic Council, attended by President Shavkat Mirziyoyev.

Tajikistan Expresses Concerns over Violations of its Citizens’ Rights in CIS Countries

The most recent meeting of the Council of Foreign Ministers of the Commonwealth of Independent States (CIS) was hosted by Moscow on October 7. During the meeting,  Minister of Foreign Affairs of Tajikistan, Sirojiddin Muhriddin, expressed his concern about the violation of the rights of the republic's citizens on the territory of some CIS countries. Emphasizing the need for a comprehensive approach to solving migration issues in the countries of the Commonwealth of Nations, he called for consideration of all parties' interests: host countries, migrant-sending countries, foreign citizens, and the local population. The Minister also addressed urgent security issues and stressed the need to strengthen the fight against terrorism, extremism, illegal drug trafficking, and transnational crimes. He invited the CIS states to participate in the international conference on counterterrorism, scheduled for early November in Kuwait City as part of the Dushanbe process.

Children’s Delphic Games Open in Kyrgyzstan

The First Open Children's Delphic Games for CIS countries has begun in Bishkek. The opening ceremony was held at the Toktogul Satylganov Kyrgyz National Philharmonic. The event strives to revive the ancient Greek traditions of the Delphic Games, which took place in the city of Delphi and were dedicated to art and culture. The competition program this year includes competitions for piano, violin, classical guitar, pop and solo singing, folk dance, and DJing. The festival features folk instruments, arts and crafts, and sign language songs. Asel Chynbaeva, Commissioner for Children's Rights, opened the Games by speaking about the importance of the Delphic Games as a platform for cultural exchange and showcasing talent among young people from Eurasian countries. This year special attention is being paid to the Paradelphi nomination, which includes the performance of works in sign language. This emphasizes the importance of inclusiveness and demonstrates how art can overcome barriers and unite people. The Games will run until October 5.

The Illusion of Influence: The CSTO’s Journey From Symbolic Maneuvers To Real Challenges

Accompanied by a picture of military hardware - though in reverse gear as if symbolically - today, the CSTO (Collective Security Treaty Organization) website announced that “From 26 to 30 September, formations participating in the command-staff exercise 'Unbreakable Brotherhood-2024' with the CSTO Peacekeeping Forces are regrouping in the Republic of Kazakhstan. Contingents of CSTO troops are being sent from the Republic of Belarus, the Kyrgyz Republic, the Russian Federation, and the Republic of Tajikistan to the exercise area in accordance with the plan.” In reality, the history of the CSTO is one of refusals, inaction, and sometimes unexpected successes. On August 31, Armenia announced it had frozen its participation in the CSTO. Prime Minister Nikol Pashinyan said he would not name the day when Armenia would leave the CSTO and called the decision to freeze the republic's participation in all structures of the organization correct “at this stage.” In many ways, this half-hearted decision reflects a certain amorphousness that originally characterized the CSTO.   History The history of the structure's emergence reflects this lack of crystalline form. The Collective Security Treaty (CST) was signed in Tashkent between Armenia, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan on May 15, 1992. Azerbaijan, Belarus and Georgia later joined in 1993. The treaty came into effect in 1994 and was set to last five years. During the 1990s and the disintegration of Soviet-era institutions, organizations such as the CSTO or the previously created Commonwealth of Independent States (CIS), whose founding protocol was signed in Almaty, were created to facilitate a smooth “divorce” between the newly independent states. The CSTO was also seen as a force capable of curbing the regional conflicts which were boiling over, such as the Mujaheddin in Afghanistan. Tashkent's bet on Russian weapons in case of conflicts with the Taliban did not work out, however. From the turn of the 1990s into the 2000s, two serious fissures across the borders of Uzbekistan and Kyrgyzstan took place; the republics fought back with their own military and weapons, in addition to Kazakhstan coming to the rescue. The Collective Security Treaty expired in 1999, with Uzbekistan, Azerbaijan, and Georgia withdrawing, whilst Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan soldiered on under a new pact. The remaining states later transformed the CST into the Collective Security Treaty Organization in 2002. Uzbekistan joined as a full member of the CSTO in 2006 but then flip-flopped and suspended its membership in 2012.   A powerless organization While the CSTO was still developing, with President Vladimir Putin coming to power in Russia, the Kremlin's foreign policy changed substantively from that of the Yeltsin era, when Moscow remained indifferent to Nursultan Nazarbayev's integration initiatives. The new direction of Russian foreign policy was expressed in the concepts of “Russia rising from its knees” and the "gathering of lands.” Over time, this evolved into joint war games and military operations with the West in the Middle East and Africa, and for a period the Kremlin seemed to lose interest in Central Asia....

Uzbekistan Leads Central Asia in World Happiness Report

The World Population Review has announced this year's list of the happiest countries in the world. Since 2002 the World Happiness Report has used statistical analysis to determine the probable wellbeing of countries. To determine the happiest country in the world, researchers analyzed Gallup poll data collected from 143 countries over the past three years. The index looks at six categories: gross domestic product per capita, social support, life expectancy, freedom to make life choices, generosity of the general population, and perceptions of internal and external corruption levels. The seven happiest countries in the world for 2024 are all in Europe, with six of them being in Northern Europe. Finland is in first place, followed by Denmark, Iceland, Sweden, Israel, the Netherlands, and Norway. Afghanistan ranked as the least happy country in 2024, placing 143rd. This is due to factors like low life expectancy, low GDP per capita, and the impact of the Taliban takeover. Uzbekistan takes 47th place in the ranking and is the happiest country in Central Asia. Kazakhstan is next, in 49th place overall, falling from 44th last year. Kazakhstan’s relatively slow population growth will allow the country to continue makihttps://timesca.com/uzbekistan-leads-central-asia-in-world-happiness-report/ng economic progress and reduce poverty in the coming decades. Tajikistan ranks 88th on the list. The World Happiness Report says: “Tajikistan’s population boom threatens its economy and resources. The government has implemented laws in the past to encourage contraception, and while this has helped bring down the birth rate, the country still has a long way to go.” The report doesn’t provide information about Kyrgyzstan and Turkmenistan this year. According to the most recent data for them, Turkmenistan was 78th in 2022, and Kyrgyzstan was 62nd in 2023.