• KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09217 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0%
22 December 2024

Viewing results 1 - 6 of 88

Taliban chief welcomes Uzbekistan’s peace efforts, infrastructure work in Afghanistan

TASHKENT (TCA) — Uzbekistan's Foreign Ministry says the head of the Taliban's political office in Qatar has expressed interest in cooperating with Tashkent in order to push Afghanistan's peace process forward, RFE/RL reported. A ministry statement issued from Tashkent on March 5 says Afghan Taliban co-founder Mullah Abdul Ghani Baradar also welcomed Uzbekistan's efforts to help build infrastructure in Afghanistan's energy, transportation, and education sectors. The statement followed a meeting between Uzbek Foreign Minister Abdulaziz Kamilov and Baradar in the Qatari capital, Doha, where Taliban representatives have been meeting with U.S. envoys as part of the Afghan peace process. The Uzbek Foreign Ministry said Baradar "noted that large infrastructural projects carried out by Uzbekistan will not only promote Afghanistan's economic development but will also create necessary conditions for starting a full-scale political process in this country." The ministry also expressed hope that Afghanistan might eventually become "a bridge of confidence and cooperation" between Central Asia and South Asia. The talks between Kamilov and Baradar were the highest-level official contacts between Uzbekistan and Taliban representatives. They follow a visit to Uzbekistan in August 2018 by Taliban negotiator Sher Mohammad Abbas Stanekzai. Afghanistan's government signed an agreement with Uzbekistan in 2018 to cooperate on building a 75-kilometer railway link from Uzbekistan's Hairatan border terminal to the northern Afghan city of Mazar-e Sharif. That project is expected to have significant economic impact on trade between the two countries because about half of Afghanistan's imports from Uzbekistan pass through Hairatan. The Asian Development Bank has estimated that the project will quadruple capacity at the border. Uzbekistan is also contributing $32 million to help Afghanistan build a 500-kilowatt power-transmission line between the village of Surkhan in southern Uzbekistan and Pul-e Khumri in the northern Afghan province of Baghlan. Uzbekenergo chief executive Ulgubek Mustafaev has said that the 260-kilometer stretch of transmission line will enable Uzbekistan to increase exports of electricity to Afghanistan by 70 percent. The Asian Development Bank has pledged $70 million toward the project, which is expected to cost about $150 million to complete.

Kazakhstan: IFC to support city of Almaty to improve infrastructure services

ALMATY, Kazakhstan (TCA) — The International Finance Corporation (IFC), a member of the World Bank Group, and the Mayor’s Office of the City of Almaty on February 25 signed an agreement by which IFC will be supporting the municipality to access long-term capital and ramp up its investments in critical infrastructure. Continue reading

India signs agreements for 26 development projects in Afghanistan

KABUL (TCA) — India and Afghanistan have signed agreements to implement 26 projects worth $9.5 million in Afghanistan amid a changing geopolitical scenario in the region. While the US has been urging India to send its armed forces to the war-torn nation, India has reiterated its commitment to complete infrastructure projects it has promised to Afghanistan, Russia’s Sputnik news agency reported. Continue reading

ADB plans over $300 million to support Tajikistan development in 2019–2021

DUSHANBE (TCA) — The Asian Development Bank’s (ADB) updated 2019–2021 country program for Tajikistan focuses on supporting road and energy development, private sector development, education and healthcare improvement, food security, and municipal infrastructure, the Bank’s Country Office said on December 4. The indicative financial assistance for the 3-year Country Operations Business Plan (COBP) released recently is over $300 million, all in grants. The final amount will, however, depend on the country’s performance and availability of ADB funds. “The COBP is consistent with the current ADB country partnership strategy with Tajikistan and the national development priorities,” said ADB Country Director for Tajikistan Mr. Pradeep Srivastava. “To address the country’s challenges and emerging needs, ADB is open for stronger partnership with and cofinancing by other multilateral and bilateral institutions.” The COBP includes projects to rehabilitate key road corridors, support financial sector development, further develop the energy sector including supporting sector reforms and improving infrastructure, as well as improve water resource management. In addition, ADB plans to support projects to develop urban infrastructure, improve resilience to natural disasters, and enhance labor skills. ADB is celebrating 20 years of development partnership with Tajikistan in 2018. To date, ADB has approved over $1.7 billion in grants, concessional loans, and technical assistance to the country. ADB and Tajikistan’s development partnership, which began in 1998, has restored and built the country’s new transport and energy infrastructure, supported social development, expanded agricultural production, and improved regional cooperation and trade.

Afghanistan: ADB to provide $2 billion for key projects

KABUL (TCA) — The Asian Development Bank (ADB) on December 3 said it will provide a $2 billion grant to Afghanistan in the next three years to help the country undertake programs in the fields of agriculture, natural resources, power generation, transportation and infrastructure, Afghan broadcaster TOLOnews reported. Continue reading

ADB commits $2 billion in new assistance for Central Asia Regional Economic Cooperation projects

ASHGABAT (TCA) — Finance ministers and senior government officials from 11 countries in Central and West Asia gathered in Ashgabat, Turkmenistan on November 15 for the 17th Central Asia Regional Economic Cooperation (CAREC) Ministerial Conference. The high-level strategy and policy body serves as a platform to discuss and debate important issues of regional relevance. Continue reading