• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00201 0%
  • TJS/USD = 0.10433 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00201 0%
  • TJS/USD = 0.10433 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00201 0%
  • TJS/USD = 0.10433 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00201 0%
  • TJS/USD = 0.10433 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00201 0%
  • TJS/USD = 0.10433 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00201 0%
  • TJS/USD = 0.10433 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00201 0%
  • TJS/USD = 0.10433 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00201 0%
  • TJS/USD = 0.10433 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%

Viewing results 1 - 6 of 10

The Power of Siberia 2 Project and Central Asia’s Gas Bargaining Power

The proposed Power of Siberia 2 (PoS-2) pipeline from Russia to China has re-entered the headlines on the strength of a new memorandum between Gazprom and CNPC. Russia calls the memorandum “legally binding,” but China has avoided the phrase, because the only thing that is legally binding is an agreement to negotiate. The memorandum affirms a design capacity up to 50 billion cubic meters per year (bcm/y), a route via Mongolia, and a total trunk length of roughly 2,600 kilometers (km) on the Russian side before crossing Mongolian territory. Feasibility work has highlighted a 1,420-millimeter (56-inch) pipe diameter, and an indicative cost cited in some trade reporting near $13–14 billion. The political signaling is strong, but pricing terms remain unresolved. For Central Asia, the significance is immediate: even without a final sales contract, the expectation of future Russian volumes tightens China’s negotiating posture with Turkmenistan, Kazakhstan, and Uzbekistan, the three states already connected to China by the Central Asia–China Gas Pipeline (CAGP). Central Asia's Gas Supplies to China China’s westbound import corridor from Central Asia consists today of three parallel pipelines that together provide a nominal capacity of 55 bcm/y (Lines “A” and “B” at 15 bcm/y each, and Line “C”  at 25 bcm/y). Construction of the first two lines began in 2008, with operations starting in 2009–2010; Line C entered service in 2014. Line D, planned at 30 bcm/y through Uzbekistan–Tajikistan–Kyrgyzstan to China, has been delayed for years; if completed, it would raise corridor capacity toward 85 bcm/y. Turkmenistan is the anchor supplier. The Oxford Institute for Energy Studies (OIES) estimates its deliveries to China at 32.9 bcm in 2022 (roughly 81% of the country’s gas exports that year), with long-term sales structured on formulas linked to the price of oil. Interfax reports that in the second quarter of 2025, the price for Turkmenistan’s gas fell below $290 per thousand cubic meters (mcm). This figure is consistent with oil-price linkage rather than hub-indexed European benchmarks. Recent industry and regional reporting puts Turkmenistan’s deliveries averaging approximately 35 bcm/y in the mid-2020s. Kazakhstan had committed to supply up to 10 bcm/y, but domestic constraints have kept actual flows lower. S&P Global cites 4.4 bcm in 2022 and 5.86 bcm in 2023, with winter interruptions to protect domestic consumers; of the 29.8 bcm of commercial gas produced in 2023, 19.4 bcm was consumed at home. Uzbekistan’s volumes have been more variable as Tashkent balances domestic demand, imports, and swap operations. Jamestown noted a fall in Uzbek gas export value to China from $1.07 billion in 2022 to $563.5 million in 2023, before a rebound in 2024 and 2025 according to Chinese customs-based press summaries. PoS-2’s Route, Mongolian Gatekeeping, and Central Asian Implications The geography of the route matters for Central Asia. On the Russian side, public summaries describe a corridor from Yamal via Urengoy through Krasnoyarsk and Irkutsk, then across Buryatia toward Kyakhta near the Mongolian border. In Mongolia, official communications stress underground installation across the steppes and local economic benefits, but final...

Steppe Diplomacy: Mongolia Deepens Central Asia Ties

Late on July 20th, the President of Mongolia, Ukhnaagiin Khürelsükh, touched down in Bishkek as part of a two-day state visit to Kyrgyzstan. It forms part of Khürelsükh’s wider Central Asian tour, with the President set to fly to Dushanbe following his sojourn in the Kyrgyz capital. The trip builds on Kyrgyz President Sadyr Japarov’s 2023 visit to Ulaanbaatar, where he oversaw the opening of Kyrgyzstan’s first embassy in Mongolia and toured the Genghis Khan Museum in the capital. A warm greeting Khürelsükh was welcomed by Japarov on the red carpet at Manas International Airport, where traditional dances, music, and even a ceremonial eagle were laid on. The pair greeted each other like old friends before the motorcade swept along the empty roads towards the city. Like Japarov, Khürelsükh has been president since 2021, although, unlike his Kyrgyz counterpart, his role is largely ceremonial. Indeed, current Mongolian politics offers a hint of nostalgia to those in Kyrgyzstan with fond memories of the pre-Japarov era. In June, the Mongolian Prime Minister was forced to resign after losing a vote of confidence in the country’s parliament. This followed months of protests after press reports covering his son’s extravagant spending. The second day of the visit afforded Japarov the chance to play to statesman-like host and welcome a new visitor to the Presidential Palace – the Yntymak Ordo – which is still less than a year old. With temperatures hitting 37°C (98° Fahrenheit) in the Kyrgyz capital, the Mongolian leader arrived at the palace in a blacked-out Mercedes, flanked by a horse-mounted honor guard. The besuited leaders then stood in the baking sunshine to receive a military salute from Kyrgyzstan’s army. A burgeoning friendship Perhaps the scale of the pomp masks the limits of what can be achieved bilaterally. Iskander Sharsheyev, an independent Kyrgyz economist, was keen to stress to The Times of Central Asia that the leaders did achieve some breakthroughs in terms of agriculture: “Veterinary certificates were signed... This provides a new market for Kyrgyz producers. Kyrgyzstan and Mongolia signed a memorandum of cooperation in the field of wool processing, including cashmere. Mongolia is one of the world leaders in cashmere production, and the transfer of technology and training of specialists can dramatically improve the Kyrgyz textile sector.” However, real announcements were thin on the ground and the language of diplomacy was heavy with blandishments: “We strive to develop mutually beneficial cooperation in all areas, especially in the trade and economic sphere,” said Khürelsükh, while Japarov noted that “comprehensive cooperation with Mongolia is one of the priority areas of the development of Kyrgyzstan's foreign policy.” The question is whether there is any substance behind this. Economically, the numbers are hardly going to move the dial. In the first five months of this year, Kyrgyzstan exported $3.1 million worth of goods to Mongolia, much of it confectioneries. Mongolian exports in the other direction are even lower. While officials are trumpeting the rate of growth, which tripled in 2024, it’s worth having a...

Opinion: Beyond the Steppe and the Oasis – Uzbekistan and Mongolia Forge a New Eurasian Axis

When Uzbekistan's President Shavkat Mirziyoyev arrived in Ulaanbaatar on June 24, for the first state visit of its kind in over thirty years of bilateral relations, it marked far more than a ceremonial milestone—it inaugurated a new continental bridge between Central and Northeast Asia. This long-overdue rapprochement, anchored in pragmatism and shared strategic aspirations, signals a transformative shift in Eurasian diplomacy. It is a moment not just of bilateral relevance, but of regional consequence. The significance of this visit rests not only in its unprecedented nature, but also in its scope and timing. Concluding just a year after Mongolian President Ukhnaagiin Khurelsukh’s landmark 2024 visit to Tashkent—which laid the groundwork by opening Mongolia’s embassy in Uzbekistan and producing 14 foundational agreements—Mirziyoyev’s trip has formalized the momentum into a ‘Comprehensive Partnership Declaration’. The outcomes include new trade commitments, transport corridors, cultural and academic ties, and a political alignment that subtly redraws the map of Eurasian cooperation. Rediscovering Strategic Geography What makes this partnership compelling is the rediscovery of geography in a post-globalization world. Uzbekistan and Mongolia are both landlocked, Uzbekistan doubly so, and lie at the crossroads of larger powers—Russia, China, and increasingly, the emerging economic spheres of South and West Asia. For years, both nations were seen as peripheral actors in global politics. Today, however, shifting supply chains, energy diversification, and regional infrastructure projects such as China’s Belt and Road Initiative (BRI) have brought new relevance to their geography. This state visit demonstrated a clear strategic calculus of connectivity, resilience, and regional integration. With the rise of multi-vector diplomacy—long a staple of Mongolia’s foreign policy—Uzbekistan is mirroring similar principles to diversify its partnerships and mitigate geopolitical dependence. In Mirziyoyev’s words, both countries “agreed to jointly develop efficient transportation routes,” echoing a growing realization that infrastructure is destiny. The immediate fruit of this understanding is the first direct air link between Tashkent and Ulaanbaatar, to be operated by Hunnu Air and Uzbek partners starting in fall 2025. On the ground, both sides are accelerating the development of a road corridor via Kyrgyzstan and China, creating an East-West axis that could become a vital alternative to congested or politically fraught transit routes. In this regard, the Uzbek-Mongolian corridor aligns with academic assessments that argue for multimodal, decentralized connectivity in post-pandemic Eurasia. Economic Diplomacy in Action Although bilateral trade remains modest in volume—just $14 million in 2023—it is growing rapidly, nearly doubling year-on-year. More importantly, it is underpinned by complementary economies. Uzbekistan exports automobiles, textiles, and agricultural products, while Mongolia offers livestock, wool, leather, and minerals. This isn’t simply a matter of goods exchanged, but of value chains being stitched together. The presence of a Chevrolet dealership in Ulaanbaatar and the arrival of over 1,400 Mongolian sheep in Navoi region of Uzbekistan are not anecdotal oddities—they’re signs of a nascent, multidimensional trade ecosystem. More than 150 companies participated in a bilateral business forum in Ulaanbaatar, resulting in new contracts and a decision to establish a ‘Joint Business Council’. Further, the agreements on investment...

Uzbekistan and Mongolia Sign Joint Declaration to Deepen Bilateral Ties

President of Uzbekistan Shavkat Mirziyoyev arrived in Mongolia on June 24 for a historic state visit at the invitation of President Ukhnaagiin Khurelsukh. This marks the first official visit by a Uzbek head of state to Mongolia, signaling a significant step forward in bilateral relations. The official welcoming ceremony took place at Sukhbaatar Square in central Ulaanbaatar, where the two leaders reviewed an honor guard and greeted members of their respective delegations as national anthems were performed. In formal talks, both presidents reaffirmed their countries’ commitment to deepening cooperation. President Mirziyoyev expressed gratitude for Mongolia’s warm reception, and extended congratulations in advance of the country’s upcoming People’s Revolution Day celebrations. Expanding Economic Cooperation Discussions focused on strengthening economic ties, including cooperation in healthcare, education, e-commerce, agriculture, and construction materials. A recent Uzbek-Mongolian business forum held in Ulaanbaatar highlighted growing commercial engagement, while the opening of a Trade House for Uzbek goods in the Mongolian capital further cemented trade ties. The two presidents emphasized the importance of expanding trade in high value-added products, and expressed readiness to finalize agreements on preferential trade and investment protection. Areas such as mining, technology transfer, and vocational training were also on the agenda. To support these initiatives, Uzbekistan’s Ministry of Geology has opened a representative office in Ulaanbaatar. Agro-Industrial Development and Connectivity Agro-industrial collaboration will be advanced through the creation of joint clusters in meat, dairy, wool, and leather processing. Both sides are also exploring the possibility of launching direct flights between Tashkent and Ulaanbaatar by the end of 2025 to facilitate business and tourism. Humanitarian and Educational Exchange Humanitarian cooperation featured prominently in the dialogue. The leaders agreed to resume educational exchange programs, enabling Mongolian students to study at universities in Uzbekistan, thereby strengthening cultural and academic ties. Formalizing a Comprehensive Partnership The visit concluded with the signing of a joint declaration establishing a comprehensive partnership, outlining key areas for long-term cooperation and reaffirming mutual commitment to deeper ties. President Mirziyoyev also invited President Khurelsukh for a reciprocal visit to Uzbekistan.

Kazakh Nomads and Authentic Tourism: Interview with Mongolia’s Cultural Envoy Dr. Gantemur Damba at CAMCA

This week The Times of Central Asia will be attending the CAMCA Regional Forum, which this year is being held in Ulaanbaatar, Mongolia.  The CAMCA network is a collection of professionals and policymakers dedicated to sharing ideas, knowledge and inspiration to develop the Eurasia region; its name stands for Central Asia, Mongolia, the Caucasus and Afghanistan. Ahead of the Forum, The Times of Central Asia spoke with Mongolia’s Cultural Envoy, and the Vice Chair of the Asian Ecotourism Network, Dr. Gantumur Damba, about the country's Kazakh nomads, and what the CAMCA program means for Mongolian culture and tourism. TCA: Central Asia is geographically quite close to Mongolia, but Mongolia's culture is distinct. What parts of Mongolian life do you think make journeys here unique for visitors? GD: Indeed. While Mongolia has some cultural similarities with Central Asia due to historical links, it has developed its own distinct identity. We are a unique culture with influences from Buddhism, shamanism and animism in our pastoralist herder’s way of life. Eastern Mongolia is rich in historical sites, including Deluun Boldog, where Genghis Khan was born, and the historical ruins of 13th and 14th-century towns. Central Mongolia is centered on the ancient town of Kharkhorum – with UNESCO-inscribed intangible cultural events – and the beautiful Orkhon Valley.  This region is also enriched by Mongolian Buddhist traditions and architectural sites.   North Mongolia is the home of nomadic reindeer herders, who have strong shamanistic beliefs. They are one of the last groups in the world to still herd reindeer as their primary way of life. Mongolia's largest ethnic minority are Kazakhs, who live in the country's western regions. What opportunities do visitors to Mongolia have to discover the Mongolian Kazakh way of life? The Kazakhs of Mongolia have distinct cultural practices, and live mainly in western Mongolia, particularly in Bayan-Ölgii province.  While they share a common heritage with Kazakhs in Kazakhstan and other Central Asian nations, their experience in Mongolia is shaped by their minority status and the influence of Mongolian culture and Buddhism, alongside their own Turkic language and Islamic traditions.  Activities like eagle hunting demonstration events, trekking in the Altai Mountains, and exploring authentic nomadic life offer unique travel experiences.  Travelers can experience authentic nomad Kazakh culture through homestays, participating in festivals, and witnessing traditional crafts, traditional music, epic storytelling and vibrant dances like the eagle dance. What places and activities in Mongolia do you most recommend to foreign visitors? Are you working on any new destinations? Mongolia offers a high degree of freedom and flexibility for travelers, especially when it comes to camping and exploring the vast landscapes. There are relatively few restrictions on where you can go and camp, and you can often choose your own route and pace.  However, choosing the right travel partner is vital. I categorize our destinations according to three “Ms”. The first M stands for modified places – basically those that are spoiled. That includes Terelj, Kharkhorum and West Khuvsgul Lake, where you will find many resorts,...

Kazakhstan: The Key Link Connecting China and Europe

China is one of Kazakhstan’s key partners, particularly in the development of its transit potential, with Kazakhstan serving as a strategic gateway for goods moving from China to the Eurasian Economic Union, Central Asia, and the European Union. Today, more than 80% of freight transported by rail between China and Europe transits through Kazakhstan. Railway Connections This year marks the 35th anniversary of the connection between the railways of Kazakhstan and China when the Dostyk-Alashankou crossing became the first international transportation route established in the era of Kazakh independence. For many years, it remained the sole railway connection, until in 2012, a second international border crossing, Altynkol-Khorgos, was opened. Today, freight traffic through these two crossings continues to show consistent and significant growth. Last year, rail freight between the two countries exceeded 32 million tons, which is a historic high. In the first four months of 2025 alone, rail freight volume reached 11.4 million tons, a 13.3% increase compared to the same period in the previous year. According to Kazakhstan’s national railway company, Kazakhstan Temir Zholy (KTZ), the projected volume between the two countries for 2025 has been preliminarily agreed on at more than 33 million tons. To further increase capacity, Kazakhstan is building a second track on the Dostyk-Moyynty railway segment and constructing a bypass line around Almaty station. Both projects are scheduled for completion this year, which will boost throughput and significantly reduce delivery times for goods moving between Asia and Europe. Additionally, Kazakhstan is currently building the Bakhty-Ayagoz line, which will include the opening of a third border crossing, Bakhty-Chuguchak, which is expected to expand rail capacity with China by an additional 25 million tons. Maritime Development Kazakhstan’s maritime infrastructure on the Caspian Sea is a major focus of development and foreign investment. A key initiative currently underway is the creation of a container hub at the port of Aktau, being developed as a joint venture with the Chinese port of Lianyungang. Construction and installation work is actively in progress. According to the project plan, by the end of this year, the hub will feature a specialized cargo loading complex, a container terminal, and new cargo handling equipment. Once completed, the project is expected to increase container processing capacity from 140,000 TEU to 240,000 TEU, significantly enhancing Kazakhstan’s maritime logistics capabilities. Road Transport In addition to rail and sea, road transport is also a key pillar of Kazakhstan-China transportation cooperation. According to Kazakhstan’s Ministry of Transport, 2.8 million tons of cargo were moved by road for export/import purposes in 2024, a 41% increase from the previous year, whilst transit cargo volumes reached 3.6 million tons, marking a 68% year-on-year rise. In the first quarter of 2025 alone, road cargo volumes jumped by 83%, reaching 822,000 tons. A major driver of this growth is the continued development and operation of the Western Europe–Western China highway corridor. Kazakhstan is also considering the opening of two new border checkpoints to strengthen connectivity between the regions of East Kazakhstan and Almaty...