• KGS/USD = 0.01183 0%
  • KZT/USD = 0.00208 0%
  • TJS/USD = 0.09374 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01183 0%
  • KZT/USD = 0.00208 0%
  • TJS/USD = 0.09374 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01183 0%
  • KZT/USD = 0.00208 0%
  • TJS/USD = 0.09374 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01183 0%
  • KZT/USD = 0.00208 0%
  • TJS/USD = 0.09374 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01183 0%
  • KZT/USD = 0.00208 0%
  • TJS/USD = 0.09374 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01183 0%
  • KZT/USD = 0.00208 0%
  • TJS/USD = 0.09374 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01183 0%
  • KZT/USD = 0.00208 0%
  • TJS/USD = 0.09374 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01183 0%
  • KZT/USD = 0.00208 0%
  • TJS/USD = 0.09374 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
17 September 2024

Viewing results 1 - 6 of 29

Uzbekistan Concludes WTO Membership Talks With 18 Countries

According to a report issued by Azizbek Urunov, President Special Representative on International Trade, Uzbekistan has now completed negotiations on membership of the World Trade Organization (WTO) with 18 countries. Negotiations with Argentina closed on September 13, and protocols on finalizing market access negotiations have been signed with 14 of the 18 member countries, including Brazil and Sri Lanka. Posting on LinkedIn on September 12, Urunov wrote: "In the margins of the WTO Public Forum, we had signing ceremonies with the participation of DPM Jamshid Khodjaev, DDG Xiangchen Zhang, and ex-DDG Alan Wolff. The Uzbek delegation, led by Madam Saida Mirziyoyeva, is participating in the 2024 WTO Public Forum in Geneva." After pursuing its goal for almost 30 years, Uzbekistan seeks further support from the U.S. support to join the World Trade Organization. To date, the U.S. has provided some technical help, and during a recent visit, U.S. Trade Representative Katherine Tai reaffirmed America’s support.  However, to forward progress and strengthen trade ties, Uzbekistan could benefit from greater involvement from such U.S. institutions as the Development Finance Corporation (DFC), Export-Import Bank (EXIM), and the U.S. Trade and Development Agency (USTDA). Following a meeting with Katherine Tai during her visit to Uzbekistan in June, Uzbekistan’s Presidential Assistant, Saida Mirziyoyeva stated,  “We intend to become a full-fledged participant in the international trade system and rely on the support of the United States to accelerate the process of Uzbekistan becoming a member of the WTO." For background, Uzbekistan initiated the process of joining the WTO in 1994 before abandoning it 2005. In 2019, the country strengthened its efforts to become a member of the WTO, and on July 7, 2020, the joint working group was restored.

Economy Minister: 70% of Tajikistan’s Trade is With SCO Countries

The Pakistani capital of Islamabad has hosted the 23rd meeting of the Ministers of the Shanghai Cooperation Organization (SCO) Member States responsible for Foreign Economic and Trade Activities. The Minister of Economic Development and Trade of Tajikistan, Zavqi Zavqizoda, who participated in the meeting, said that the country considers the development of relations within the SCO as one of its foreign policy priorities. “Foreign trade turnover between Tajikistan and the SCO countries demonstrates steady growth, and every year, more than 70% of the republic’s foreign trade is with SCO countries,” Zavqizoda said. He recalled that the SCO accounts for almost half of the world’s population and 27% of global GDP, making the region a massive market with great opportunities. Zavqizoda noted that Tajikistan initiated the economic development strategy for the next five years with the SCO, which was developed and adopted by the organization's member states. He proposed to the participants a plan related to developing and implementing large infrastructure projects and expanding cooperation in digital and green economy, green energy, and e-commerce. It was also noted that wide use of transit opportunities of Tajikistan is envisaged. The Times of Central Asia has reported that Tajikistan seeks to become a central international transit hub. In the next two years, 317 kilometers of international highways will be commissioned in Tajikistan. In the remaining months of 2024, Tajikistan will continue implementing projects for highway reconstruction, with the construction of 32 bridges, five tunnels with a length of 11.2 km, and seven avalanche corridors aiming to turn the country into an international transit route.

Central Asia Seeks Increase in Trade with China

On September 12, the Central Asia-Jiangsu Trade Center, a multifunctional platform showcasing exports from Kazakhstan, Uzbekistan, Tajikistan, and Turkmenistan, opened in Nanjing, the main city of Jiangsu Province in eastern China. According to the Kazakh Ministry of Trade and Integration, the operation of the Center in Jiangsu Province, known for its developed infrastructure, will facilitate access to the huge Chinese market for all five Central Asian countries. Plans are now in place to launch a similar multifunctional center in Kazakhstan’s capital, Astana, to showcase Chinese and Kazakh goods. Official statistics show continued growth of trade turnover between Kazakhstan and China. During the first seven months of this year, bilateral trade increased by 2.8% compared to the same period in 2023,  and amounted to $16.8 billion. Between January and July 2024, trade between Kazakhstan and Jiangsu Province grew by over $1 billion, from $723.3 million to $1.758 billion. As reported by  Kazakh Minister of Trade Arman Shakkaliyev, Jiangsu Province currently imports products, mainly from the industrial and agricultural sectors, worth more than $266 billion annually.

Mehrdad Mozart : A Model’s View of Kazakhstan’s Fashion Industry

Kazakhstan's fashion industry is rapidly growing, and increasingly, attracting global attention. Within its dynamic environment, new faces, talented designers, and unique projects are emerging which promise to elevate its international status. One such talent is Mehrdad Mozart, a professional model with a wealth of international experience, now living and working in Kazakhstan. Originally from Iran, Mehrdad has enjoyed a chequered career from playing in a rock band to hosting radio & TV shows, and from acting in commercials and movies to judging modeling and talent shows. A model since 2009, he has worked with several global brands including Dolce & Gabbana, Versace and Gucci, and has mentored young people entering the profession. In an exclusive interview with TCA, Mehrdad spoke about his modeling career, his perception of the fashion industry in Kazakhstan, and his personal aspirations. [caption id="attachment_22748" align="aligncenter" width="785"] photo: mehrdadmozart.com -Mehrdad Mozart[/caption] TCA: What inspired you to enter the fashion industry? I think the allure of fashion itself inspired me. I used to get lost in magazines, dreaming of becoming a model and representing high-end brands. Fashion TV became a regular escape, where I absorbed every detail and admired the work of iconic male models like David Gandy, Sean O’Pry, and Tyson Beckford.The influence of legendary brands like Tom Ford, Dior, Hermès, Burberry, and D&G played a huge role in shaping my aspirations. They were the very definition of style and sophistication, fueling my desire to be a part of that world. TCA: How did you get into modeling?  My modeling career began when I moved to Malaysia. I didn’t have a portfolio or any connections, so I joined a Facebook group for talents, most of whom were working as extras in films and commercials. That gave me my first break and after a slow start, my modest portfolio eventually caught the attention of talent directors, photographers, stylists, and then, modeling agencies. TCA: What challenges have you had to overcome to get to where you are now? In the beginning, breaking into the industry was challenging. I faced constant rejections from modeling agencies, had no connections, and had to deal with criticism. Staying in shape required intense discipline, and coping with the competitive, high-pressure environment was tough. Unfortunately, diversity remains a significant issue in the fashion world. Middle Eastern models, in particular, encounter additional barriers, making it even more difficult to succeed. Given these challenges, perseverance and determination proved essential to navigating and eventually thriving in this demanding industry.   [caption id="attachment_22749" align="aligncenter" width="803"] photo:mehrdadmozart.com -the catwalk[/caption]   TCA: You now live in Kazakhstan: What are your initial impressions of its fashion industry? I had heard of renowned Kazakh designers such as Aigerim Akenova and Aida Kaumenova. However, when I first arrived in the capital city, Astana, the fashion scene  still felt fairly underdeveloped, with little activity apart from the odd fashion show or commercial shoot. Almaty however, is a different story. The fashion industry here is vibrant and rapidly expanding. Since moving to the city, I've become...

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 and Afghanistan to Increase Trade Turnover to $3 Billion

The government portal of the Republic of Uzbekistan has reported that on August 17, a delegation led by the Prime Minister of the Republic of Uzbekistan, Abdulla Aripov, visited Afghanistan. President Mirziyoyev has previously stated that no positive result can be achieved without establishing an international dialogue with the current government in Afghanistan. In a special resolution of the United Nations General Assembly adopted in 2022 at Mirziyoyev's initiative, it was recognized that Afghanistan has a special place in establishing relations between Central Asia and South Asia. As the report states, Uzbekistan was one of the first to establish a constructive and mutually acceptable dialogue with the interim government of Afghanistan. During the meetings, the development of trade relations with Afghanistan, the promotion of effective cooperation in the field of energy to a new level, the implementation of joint development projects in copper, iron, oil and gas fields, transport and logistics, agriculture and water management, education, and further development of inter-regional relations were discussed. It was also noted that there are possibilities to increase mutual trade turnover to $1 billion this year, and to $3 billion shortly after. It was reported that agreements on the protection of bilateral investments and preferential trade would give great impetus to the further development of trade and economic cooperation. Former Minister of Foreign Affairs and Director of the Central Asia International Institute, Vladimir Norov, wrote on LinkedIn that 35 contracts with a total value of $2.5 billion were signed between the government of Uzbekistan and the Taliban. "They were signed yesterday in the presence of Taliban Deputy Prime Minister for Economic Affairs, Abdul-Ghani Baradar and Uzbek Prime Minister, Abdullah Aripov. Of these, 12 documents are investment documents worth $1.4 billion, and 13 are trade documents worth $1.1 billion. Uzbekistan will train 100 Afghan railway specialists and accept 500 Afghan students for a grant work that has begun to simplify the issuance of visas to Uzbekistan for Afghan students and businessmen," Norov wrote. One of the main announcements was the introduction of a Preferential Trade Agreement, which will come into effect on October 1, 2024. This agreement will eliminate import duties on 14 different products, simplify the process for exporters, and increase trade flow between the two countries. To further support cross-border trade, the Ayritom-Khayraton border post has switched to 24-hour working hours starting August 1, 2024. Previously, The Times of Central Asia reported that the Uzbek side has finished repairing the Naibabad railway station in Afghanistan.