• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09190 0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
15 January 2025

Viewing results 1 - 6 of 115

Paving the Path Westward: Insights from the Astana and Shusha Summits

The informal OTS summit in Shusha, hosted at the invitation of Ilham Aliyev, centered on the theme of "Building a Sustainable Future through Transportation, Connectivity and Climate Action." Attendees included Presidents Kassym-Jomart Tokayev of Kazakhstan, Sadyr Japarov of Kyrgyzstan, Shavkat Mirziyoyev of Uzbekistan, Ersin Tatar of the Turkish Republic of Northern Cyprus, Prime Minister Viktor Orban of Hungary, and OTS Secretary General Kubanychbek Omuraliev. In place of Erdoğan, who was in Germany supporting the Turkish national soccer team ahead of a crucial Euro 2024 quarter-final against the Netherlands, Vice President Cevdet Yılmaz attended. Turkmen President Serdar Berdimuhamedov was also absent due to hosting UN Secretary-General António Guterres in Ashgabat. Notably, the Shusha summit occurred just two days after the meeting of SCO leaders in Astana, which drew an exceptional amount of attention from international observers due to the participation of the Russian and Chinese leaders. The intrigue surrounding the SCO summit was linked to its closed session, attended only by the Shanghai Ten. At the summit, only the speech delivered by Tokayev was made available to the press. Speeches made in the subsequent SCO+ format sessions were made public, wherein Russian President Vladimir Putin and Chinese President Xi Jinping underscored the need for a multi-polar world, suggesting that the SCO members had discussed shifting away from Western cooperation towards the Global South. At the Shusha summit Aliyev highlighted Azerbaijan's commitment to strengthening ties within the Turkic world, emphasizing the importance of the political, economic, and military consolidation of Turkic States as a global power center. Aliyev stated that Azerbaijan has consistently sought to unite the Turkic world and enhance its influence on the global stage, stressing that the OTS should seek to emerge as a significant global power. "We cover a large geographical space and positive demographic dynamics are observed in the member countries. Our greatest assets are our rich natural resources, modern infrastructure for their delivery, transportation corridors connecting Central Asia and the Caucasus with Mediterranean and Black Sea ports, and our rich and ancient history and culture. The commitment of our people to traditional values and ethnic commonality closely unites our countries. The 21st century should become the century of prosperity of the Turkic world," the Azerbaijani leader emphasized. Aliyev also addressed the primary tasks which lie ahead for the OTS, referencing the Astana Declaration of the SCO, which designates Central Asian republics as the organization's foundation. Leaders of these republics who attended the summit in Shusha, Tokayev, Shavkat Mirziyoyev, and Sadyr Japarov, endorsed Aliyev's call for the expansion of the East-West transport corridor connecting Central Asia and Eurasia to Europe. Aliyev further highlighted the Digital Silk Road project, which aims to establish a fiber-optic telecommunication route between Europe and Asia via the Caspian Sea through Azerbaijan. Furthermore, when the President of Kazakhstan delivered his speech, he stressed the significance of the Trans-Caspian International Transportation Route. "The potential of the Trans-Caspian International Transport Route should be fully utilized. Today, the volume of container transportation along this corridor has...

Roundtable on Uzbekistan’s Reform Agenda

The 2nd Roundtable of Uzbekistan’s Country Platform was held last week in Tashkent. Backed by the European Union, the event provided a platform for discussions amongst over 80 government partners and international institutions on Uzbekistan’s reform agenda and coordinate support activities. As reported by the Delegation of the European Union to Uzbekistan, the participants agreed to continue collaboration through more than 13 sectoral working groups supporting issues prioritized by the Uzbekistan–2030 Strategy including agriculture, energy security, green growth, and the rule of law. Led by the Agency for Strategic Reforms (ASR) under the President of Uzbekistan and the Ministry of Economy and Finance of Uzbekistan, and with secretarial assistance from the European Union, the Country Platform aims to foster effective coordination. Bakhodir Rakhmatov, Director of the Agency for Strategic Reforms, commented: “Constructive collaboration between development partners and government ensures achievement of the priority reform objectives identified by President Mirziyoyev aimed at creating a more prosperous and sustainable future for all. The ASR plays a pivotal role in coordinating the engagement of ministries and agencies with development partners.” Taking over the support previously provided by the World Bank in May, the European Union committed to assisting the Country Platform until the end of 2025. “The European Union is honored to co-chair and promote the Country Platform as a forum for open dialogue, cooperation and collaboration between Uzbekistan and development partners,” said Charlotte Adriaen, Ambassador of the European Union to Uzbekistan. “The common goal is to support Uzbekistan in its reform path. The Platform is an opportunity to join forces, to effectively move together bringing prosperity, sustainable development, leaving no one behind.”    

Kyrgyz-Uzbek Automobile Plant Imports Components from Uzbekistan

On July 5, Chairman of the Cabinet of Ministers of the Kyrgyz Republic, Akylbek Japarov visited the northern Chui region to inspect the Tulpar Motors assembly plant, a joint Kyrgyz-Uzbek enterprise for the manufacture of Chevrolet and Isuzu vehicles. Construction of the plant began in May 2023 and the first car rolled off its assembly line in May 2024. Already in operation, the plant will be officially opened in July-August by the president of Kyrgyzstan. According to plans, within five years, the number of employees at the plant will reach 1,400 and the total investment in the project, will amount to $110 million. During the first year, Uzbekistan’s UzAuto Motors will invest $50 million in the assembly of 10,000 cars, beginning with the Chevrolet Nexia R3. At the initial stage, components will be provided by Uzbekistan but thereafter, will be produced inhouse to enable the Kyrgyz plant's manufacture of some 20,000 vehicles per year. During his visit, the head of the Cabinet of Ministers noted that the cars, trucks, and buses produced by the plant will meet the demand in Kyrgyzstan and be available for export to other Central Asian countries.  

Tajikistan and China Tighten Strategic Partnership

On his state visit to Tajikistan on July 5, Chinese President Xi Jinping confirmed China’s unwavering support of the country’s independence, sovereignty, and territorial integrity, and ready to develop a comprehensive strategic partnership between the two countries, engaged in negotiations with Tajik President Emomali Rahmon in Dushanbe. Opening the meeting, Rahmon said that for Tajikistan, strengthening a comprehensive strategic partnership with China is a priority, and added that Dushanbe firmly supports the one-China principle and opposes any form of Taiwan independence. As reported by Rahmon’s press service, the leaders discussed expanding cooperation in trade and economy, as well as Chinese investment in industry, energy, transport, agriculture, digitization of the economy, and artificial intelligence. Today, over 700 of Tajikistan’s industrial enterprises, including mining and mineral processing, are financed by Chinese capital, and looking ahead, the leaders earmarked the joint production of green technologies, and in particular, electric cars, solar panels and smart electric grids, as promising areas for ​​cooperation. Following the talks, the Chinese president told journalists that the two sides agreed to focus on high-quality Belt and Road cooperation, promote the synergy of the two countries’ development strategies, and assist each other's modernization drive. Xi also announced China’s readiness to increase its importation of quality products from Tajikistan and pledged support for boosting the country’s transit potential. Later in the day, the Chinese and Tajik presidents attended the inauguration of new parliament and government buildings in Dushanbe, built with China’s support. As testimony to the strong relationship between the two, Xi Jinping presented President Rahmon with the Friendship Medal of the People's Republic of China; the first time the award has been received by anyone outside China.    

Universities of Kazakhstan and China to Cooperate on Microsatellite Launch

Al-Farabi Kazakh National University and the Northwest Polytechnic University of China have agreed to conduct joint scientific research using microsatellites. According to the press service of the Ministry of Science and Higher Education of the Republic of Kazakhstan, the agreement was reached during  talks between the President of the Republic of Kazakhstan, Kassym-Jomart Tokayev, and Xi Jinping, during the latter's official visit to Kazakhstan. The initiative, the first of its kind to be implemented by Kazakh universities,  opens up new opportunities for space research, training qualified specialists, and developing joint satellites, as well as enabling remote sensing studies of the Earth via a microsatellite. Integral to the project, is an aim to develop equipment for gravimetric measurements, including a specialized ground station and a transmitter on the satellite, designed to detect density inhomogeneities in the Earth's crust and mantle. The employment of such, will help solve fundamental problems in the study of geodynamic processes at great depths. The North-West Polytechnic University of China is a leader in launching objects into space whilst Al-Farabi Kazakh National University, the only Kazakh university with experience in launching nanosatellites into orbit , has already launched its own Al-Farabi-1 and Al-Farabi-2 nanosatellites.

Kyrgyzstan and Switzerland Strengthen Cooperation

On July 3, Kyrgyzstan President Sadyr Japarov met the Federal Councilor and Minister of Foreign Affairs of Switzerland, Ignazio Cassis in Cholpon-Ata on Lake Issyk-Kul to discuss strengthening cooperation between the two countries. Switzerland has long conducted an expansive development program in Kyrgyzstan in sectors including economic development, governance, water, and infrastructure. The Kyrgyz president expressed satisfaction in their fruitful cooperation to date, with specific reference to the joint implementation of a dairy production enterprise in the Issyk-Kul region, as well as the reconstruction of the At-Bashi hydroelectric power plant, to which Switzerland has contributed over 20 million Swiss francs. Looking ahead, he proposed strengthening cooperation in the banking sector and tourism, and promoting the mining agenda. Japarov stated that in 2023 the volume of bilateral trade exceeded $1 billion and spoke of the need to increase that figure. On the same day, the Swiss Minister met the Minister of Foreign Affairs of the Kyrgyz Republic, Jeenbek Kulubaev. Following discussions on bilateral relations and the positive outcomes of projects supported by Switzerland and implemented in Kyrgyzstan, both parties agreed to intensify collaboration. As reported by the Embassy of Switzerland in the Kyrgyz Republic, the visit afforded Minister Cassis the opportunity to witness first hand, the progress of Swiss projects implemented in Kyrgyzstan for over $500 million since 1994. The visit concluded with an evening reception, organized by the Swiss Embassy, to celebrate the Swiss National Day.