Global Outlook - The Times Of Central Asia

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Kazakh President Proposes Solutions to Climate Threats at Abu Dhabi Summit

Kazakh President Kassym-Jomart Tokayev participated in the Abu Dhabi Sustainability Week summit, where global leaders and experts convened to address pressing challenges in sustainable development. In his address, Tokayev highlighted the urgent threats posed by climate change, desertification, biodiversity loss, and food insecurity - issues exacerbated by geopolitical tensions and disruptions to global supply chains. Kazakhstan’s Strategy for Sustainability Tokayev presented Kazakhstan’s roadmap for tackling these challenges, focusing on digitalization, major infrastructure projects, and nuclear energy. Noting that global energy systems account for 75% of greenhouse gas emissions, he underscored Kazakhstan’s commitment to green energy development. The country is collaborating with international partners, including Masdar, Total, and Eni, to implement projects to generate 43 GW of renewable energy. Additionally, Tokayev highlighted the strategic importance of constructing Kazakhstan’s first nuclear power plant, an initiative supported through a national referendum. Regional Connectivity and Transport Infrastructure Addressing the role of transportation in sustainable development, Tokayev emphasized Kazakhstan’s position as a key transit hub in Eurasia. He called for further development of the Trans-Caspian International Transport Corridor to enhance regional connectivity and strengthen global supply chains. Sustainable transport infrastructure, he argued, is essential for driving economic growth across the region. Climate and Food Security in Central Asia Tokayev devoted significant attention to the challenges facing Central Asia, particularly the impact of global warming on ecosystems and agriculture. He proposed the introduction of water-saving technologies, the modernization of irrigation systems, and the application of artificial intelligence to better manage water resources. On food security, Tokayev outlined Kazakhstan’s plan to advance sustainable agricultural practices and technologies, aiming to mitigate climate risks while ensuring reliable food supplies. A Global Paradigm Shift Tokayev called on the international community to adopt a new development paradigm based on green finance, the transfer of climate-friendly technologies, and the integration of artificial intelligence with environmental priorities. He emphasized that aligning these strategies could significantly boost global GDP by 2030 while addressing environmental challenges. Summit Collaboration and Hope for the Future The Kazakh President concluded his speech by expressing optimism that the summit could serve as a turning point in harmonizing global priorities for sustainable development. The event featured participation from other prominent leaders, including Uzbek President Shavkat Mirziyoyev, Rwandan President Paul Kagame, Finnish Prime Minister Petteri Orpo, Malaysian Prime Minister Anwar Ibrahim, and President of the International Union for Conservation of Nature Razan Al Mubarak. Together, the dignitaries reinforced the need for global cooperation in confronting environmental and economic challenges.

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Uzbekistan Leads in Central Asia’s Military Strength Rankings

U.S. News recently published its list of the world’s strongest militaries, with Russia, the U.S., and Israel in the top three. The Times of Central Asia reviewed this rating in the Central Asian countries section. Uzbekistan ranks 19th globally in military strength, the highest in the region. However, U.S. News ranks the country 74th out of 78 in its “Best Countries” category, citing an economy still largely driven by cotton. Uzbekistan remains a major global player in cotton, as the fifth-largest exporter and seventh-largest producer worldwide. Kazakhstan, Central Asia’s largest economy, ranks 22nd for military strength and is noted for its vast reserves of fossil fuels, uranium, and other minerals. Much of Kazakhstan’s economic growth has been oil-driven, and the country ranks 83rd on the “Best Countries” list. U.S. News ranked countries based on cultural influence, entrepreneurship, heritage, openness to business, quality of life, and social purpose. In a separate ranking, the Global Firepower Military Index for 2024 lists Kazakhstan as Central Asia’s top military power, placing it at 58th worldwide. Uzbekistan has fallen by three places since last year’s rankings — the only country in the region not to show an improvement — and is now in the 65th position. In the bottom half of the table, Turkmenistan lies in 83rd place, while Kyrgyzstan is 100th. Global Firepower puts Tajikistan in 107th place, making it the region’s weakest army.

Global Outlook Multi-vector Foreign Policy

Kazakhstan: A Rising Global Player in Trade and Diplomacy

Over the past decade, Kazakhstan has become an increasingly important land-bridge between East and West, both in terms of trade and diplomacy. A vast nation the size of Western Europe with powerful neighbors in the form of China and Russia, yet on the doorstep of Europe with access to the Caspian Sea, Kazakhstan’s location has elevated it to the cusp of becoming a global power. Given its geography, it is reasonable to assert that many decisions in Kazakhstan are, out of necessity, the result of a geopolitical tightrope act necessitating a balanced and far-reaching policy outlook. This strategic position has been described by Ariel Cohen, a Nonresident Senior Fellow at the Eurasia Center of the Atlantic Council, as a “visionary multi-vector policy pioneered” by President Tokayev. Indeed, “mutually beneficially cooperation” and “mutually beneficial strategic partnership” have become watchwords of Tokayev’s presidency. Due to projects such as the Belt and Road Initiative and the Middle Corridor, Kazakhstan’s location has made it an indispensable ally to China. Playing a pivotal role in the expansion of transcontinental trade has led the whole of Central Asia to, in the words of Tokayev, “become a global stakeholder.” Trade turnover between Kazakhstan and China continues to expand, reaching $31.5 billion in 2023 (a 30% increase on 2022), and new transit routes are continuously under construction, with the Bakhty-Ayagoz railway line set to lead the opening of a third border crossing with China and increase the throughput capacity between the two nations from 28 million to around 48 million tons. Both cultural and political ties continue to grow, with a 30-day visa-free travel regime coming into force in November 2023. As for the total amount of Chinese investment in Kazakhstan over the past eighteen years, estimates vary from $23.2 to over $36 billion. Even these huge sums, however, are dwarfed in comparison to the Netherlands, which, in the last five years alone, has invested a colossal $33.8 billion in Kazakhstan. Meanwhile, according to Kazakhstan’s Bureau of National Statistics data for January to December 2022, Italy was Kazakhstan’s largest exporter, accounting for 16.4% of exports worth $13.9 billion during this period. The strength of this partnership was evinced by President Tokayev paying an official visit to Italy in January 2024, during which he held talks with Prime Minister Giorgia Meloni and spoke about the two nations’ “dynamically” developing relationship and its “enormous potential”. As a block, the EU is Kazakhstan’s biggest overall trading partner, the destination for 39% of total exports and accounting for 29.4% of its total trade in 2021. Through initiatives such as the C5+1 and the B5+1, meanwhile, the United States has increasingly sought to engage with Central Asia, and with Kazakhstan in particular. With investment totaling $19.4 billion, the U.S. ranks second in terms of foreign investment over the past five years. A driving force behind this engagement has been the huge untapped reserves of Rare Earth Elements (REEs) located in Kazakhstan. According to the Brookings Institute, whilst China is the dominant player in...