• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10838 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10838 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10838 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10838 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10838 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10838 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10838 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10838 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
10 December 2025

Viewing results 1 - 6 of 91

Kyrgyzstan UN Security Council Bid Gains Backing from Central Asian Neighbors

In a show of regional unity, the presidents of all of the Central Asian countries have endorsed Kyrgyzstan’s candidacy for a non-permanent seat on the United Nations Security Council for the 2027–2028 term. The joint appeal was announced on December 4 at a UN press briefing in New York by Uzbekistan’s Permanent Representative, Ulugbek Lapasov, who called on UN member states to support the bid. According to Lapasov, the endorsement reflects the region’s intent to strengthen its voice in international peace and security efforts. Kyrgyzstan’s Permanent Representative to the UN, Aida Kasymalieva, welcomed the unified support from neighboring states. Kasymalieva said the move reflects “a shared commitment to peace, dialogue, and a constructive multilateral approach,” and emphasized that her country, if elected, would serve as “a responsible and principled” Council member that amplifies the voices of smaller and developing nations. A Regional Campaign with Global Aspirations Kyrgyzstan first announced its intention to seek a Security Council seat in 2017. The campaign gathered momentum in 2024, when President Sadyr Japarov told the UN General Assembly that it was time to correct the “historical injustice” of dozens of UN member states - Kyrgyzstan among them - never having served on the Council. Japarov also called for broader representation, especially for African countries, and pledged that Kyrgyzstan would work to make the Council more effective, transparent, and inclusive. In April 2025, Kyrgyzstan officially launched its campaign with a reception at UN Headquarters in New York. Foreign Minister Jeenbek Kulubaev outlined Bishkek’s core priorities: conflict prevention, sustainable development for landlocked and mountainous nations, nuclear disarmament, and support for UN reform. The event drew diplomats from over 150 UN member states. The bid has become a central part of Bishkek’s foreign policy agenda, with senior officials describing it as a long-term investment in the country’s diplomatic standing. The vote for the 2027–2028 non-permanent seats will take place during the UN General Assembly session in June 2026, as scheduled under UN election procedures. Local media have reported that Kyrgyzstan’s main competitor for the Asia-Pacific seat is the Philippines, which has also announced its candidacy. This would not be the first time a Central Asian state has held a seat on the Council. Kazakhstan was elected for the 2017–2018 term, becoming the first country from the region to do so. Its campaign emphasized nuclear disarmament, regional security, and representing the interests of landlocked developing countries. Kyrgyzstan has framed its candidacy similarly, not just as a national endeavor, but as a platform for regional engagement on a global stage. Domestic Challenges, Global Aspirations While Kyrgyzstan pushes for a seat at the UN’s most powerful decision-making body, concerns persist over the country’s democratic trajectory. Once considered the most open society in Central Asia, Kyrgyzstan has seen a decline in civil liberties in recent years, with growing restrictions on independent media, increased pressure on NGOs, and a pattern of centralized political control under President Japarov. In 2021, Kyrgyzstan adopted a new constitution that expanded presidential powers and weakened checks and...

Why Regional Connectivity Is Reshaping Central Asia: Insights from ISRS Director Eldor Aripov (Part Two)

The Times of Central Asia presents the second part of an interview in Washington, D.C. with Eldor Aripov, Director of the Institute for Strategic and Regional Studies under the President of Uzbekistan. Dr. Aripov sat down with our Washington Correspondent, Javier M. Piedra, to discuss Uzbekistan’s geoeconomic and geopolitical strategic thinking. The conversation focused on Uzbekistan’s and the region’s efforts to cooperate diplomatically to maintain peace and stability with neighbors, irrespective of historical “hotspots,” cultural sensitivities, or the all-important matter of water resources. Aripov comments on Afghanistan, Chabahar Port (Iran), Ferghana Valley, and business development – key for U.S. investors thinking about Uzbekistan and the broader Central Asian region. TCA: What message do you have for businesses and private investors who do not have any experience in Central Asia? Many companies are sniffing around at this time – what do you want to tell them? Aripov: Uzbekistan is ready for committed investors - those who deliver lasting benefits, quality jobs, and shared prosperity. A decade of reforms has strengthened our fiscal discipline, boosted SMEs, and anchored stability. Coupled with our focus on good relations and a secure, integrated Central Asia, we offer a reliable platform for long-term, sustainable investment. While we have more work to do, we invite you to be part of our momentum. TCA: What are the risks that companies might face when considering long-term investment? Aripov: No country is immune to downside risks – not only in the developed but developing world. Having said that, downside risks, including trade shocks, commodity price volatility, tighter external financing, and contingent liabilities from state-owned enterprises, are mostly exogenous factors driven by global conditions. Risks are mitigated through political stability, diversification of the economy, prudent macroeconomic management, and reforms to state-owned enterprises and governance. For more in-depth commentary, I refer you to recent IMF, World Bank, and Asian Development Bank assessments about our economic conditions and trends. TCA: Let me move on to more regional issues. The first Ferghana Peace Forum was held in October 2025. How can it serve as a replicable model for other regions seeking sustainable peace? Aripov: First of all, I’d like to put this important forum on everyone’s radar. I’d like to underscore that peace is possible when hard work, respect for others, and a commitment to understanding guide our actions, despite historical memories and past differences. Someone should write a case study about our ability to bring consensus into an otherwise challenging region. In any event, the inaugural Ferghana Peace Forum brought together over 300 participants from more than 20 countries — representatives of Central Asian governments, international organizations, leading think tanks, research institutions, and local communities. A joint communiqué was adopted, confirming the intention to institutionalize the Forum as a permanent platform with rotating hosts. This broad participation highlighted an important reality: the Ferghana Valley is no longer viewed as a fragile zone; it is now viewed as a model of pragmatic peacebuilding. The Forum demonstrated how regional leadership — particularly the openness and...

Uzbekistan Gains ASEAN Approval to Join Cooperation Treaty

Uzbekistan’s efforts to strengthen its ties with Southeast Asia advanced significantly this week after all member states of the Association of Southeast Asian Nations (ASEAN) approved Tashkent’s application to join the Treaty of Amity and Cooperation in Southeast Asia (TAC). The decision was made during a meeting of ASEAN foreign ministers chaired by Malaysia in Kuala Lumpur, according to the Dunyo news agency. Signed in Bali in 1976, the TAC outlines core principles for regional cooperation, including peaceful dispute resolution, non-interference, renunciation of force, and respect for sovereignty. ASEAN now comprises 11 countries with a combined population nearing 700 million, forming one of the world’s most dynamic economic regions. Uzbekistan’s accession to the TAC is expected to enhance its political and economic presence in Southeast Asia, facilitate state-to-state cooperation, boost trade and investment, and increase confidence among international companies operating in or considering expansion into Central Asia. Political analyst Jahongir Akramov described the approval as a significant diplomatic achievement for Uzbekistan. Speaking to The Times of Central Asia, he said the move aligns closely with Uzbekistan’s foreign policy principles: “Uzbekistan’s joining this treaty can be seen as a very significant diplomatic success. One of the key reasons is that the core principles of the TAC fully match the principles set out in Article 17 of Uzbekistan’s Constitution, non-use of force, resolving conflicts peacefully, negotiating disputes, and respecting the sovereignty of states.” Akramov noted that since 2016, Uzbekistan’s foreign policy has evolved along three strategic vectors, all of which are reinforced by the TAC: “First, Uzbekistan adopted a multi-vector foreign policy. Second, the country has taken major steps to develop economic diplomacy. Third, we have been deepening regional integration. All three of these trends are fully consistent with joining the TAC.” He emphasized that the timing is especially relevant amid growing geopolitical strains: “Geopolitical tensions have intensified, particularly among the United States, China, and Russia. In this situation, participating in platforms such as ASEAN can help reduce pressure and maintain diplomatic balance.” Akramov also positioned Uzbekistan’s move as part of a broader Global South cooperation trend. “Central Asian and ASEAN countries are both part of the Global South. Building closer relations ensures our interests are better represented in shaping new international norms.” Economically, Akramov pointed to ASEAN’s size and diversity as highly advantageous. “ASEAN includes Indonesia, the world’s most populous Muslim-majority country, Singapore, a global innovation hub, Malaysia, an advanced and diversified economy, and Thailand, a leading tourism destination. Closer ties with these states could expand tourism, improve Uzbekistan’s international image, and boost the competitiveness of Uzbek products.” He added that ASEAN’s extensive experience with regional integration offers a model for Central Asia. “As one of the first Central Asian countries to join the TAC, Uzbekistan could take a leading role in fostering ASEAN-Central Asia cooperation. A regional office or cooperation structure based in Tashkent or Samarkand would be a major diplomatic achievement.” However, Akramov cautioned that the partnership would require careful navigation. “Southeast Asia has its own geopolitical tensions, such...

Kazakhstan Trades Electricity for Water in Bid to Mitigate Summer Drought Risks

Central Asia is entering a new phase in the management of its water-energy nexus, moving from declarations to practical coordination. A trilateral protocol signed in Almaty by Kazakhstan, Kyrgyzstan, and Uzbekistan marked a significant step toward stabilizing the region’s water regime amid escalating climate risks. Brokered under Kazakhstan’s chairmanship, the agreement aims to balance the load on the Toktogul Reservoir, the main regulating structure of the Syr Darya basin. Kyrgyzstan typically increases winter water discharges to generate electricity, which reduces irrigation water availability downstream during summer. Under the new deal, Kazakhstan and Uzbekistan will supply Kyrgyzstan with electricity during winter, in return for Kyrgyzstan's commitment to store water and ensure its release during the 2026 growing season. The Almaty Protocol complements the existing plan for filling the Shardara Reservoir, which aims to accumulate 11 cubic kilometers of water by April 1, 2026. Achieving this target hinges on Toktogul’s operations. Without external support, Kyrgyzstan’s energy infrastructure would struggle to meet the requirement. Supplemental electricity from Astana and Tashkent thus forms the economic backbone of this arrangement. Longstanding disparities in regional water and energy needs remain a source of instability. Kyrgyzstan requires water in winter for hydropower, while Kazakhstan, especially its Turkestan and Kyzylorda regions, relies on it in summer for irrigation. Recent water shortages have pushed the countries toward more pragmatic coordination. Uzbekistan has committed to managing the technical conditions for transit and balancing inter-system flows. Despite facing its own energy shortfall and aging infrastructure, Kazakhstan is participating in regional stabilization to avert socio-economic risks in its southern provinces. External factors are adding urgency to regional cooperation. Afghanistan’s construction of the Qosh-Tepa Canal is expected to reduce the Amu Darya’s water balance by 20-25%. Although Uzbekistan is most directly affected, the resulting pressure on water systems could also impact the Syr Darya, on which southern Kazakhstan heavily depends. Internally, Kazakhstan faces persistent challenges. Water loss during transport reaches up to 40-50% due to outdated canal infrastructure. Rice cultivation continues in the water-intensive Kyzylorda region, while water-saving technologies are used on only about 30% of irrigated land. These new agreements suggest that Central Asian countries can rapidly implement collective mechanisms in response to shared threats. In effect, elements of a regional Water and Energy Consortium are already operating in a de facto, ad hoc manner. Water, energy, and food security are increasingly seen as interconnected resources requiring coordinated governance. For Kazakhstan, the priority now is to institutionalize these provisional agreements. If the “electricity-for-water” model can be formalized into a durable framework, it could stand as one of the most significant accomplishments of the country’s regional diplomacy.

From Glaciers to Green Goals: Central Asia at COP30

The UN Climate Change Conference (COP30) in Belém, Brazil, concluded with a hard-fought global deal that boosts climate finance for developing countries but avoids any promise to phase out fossil fuels. Amid this uneasy compromise, the Central Asian nations worked to get their priorities heard. Their delegations pressed for more climate funding, recognition of their unique vulnerabilities, and support for regional initiatives, with mixed results. A United Regional Voice on Climate Home to over 80 million people, Central Asia entered COP30 with a goal outlined as “five countries, one voice,” after a regional dialogue in Dushanbe ahead of the summit forged a common stance on shared threats such as melting glaciers and water stress. The region has already warmed about 2.2 °C – faster than the global average – and glaciers are shrinking by roughly 0.5% each year, Uzbekistan’s environment minister Aziz Abdukhakimov warned in Belém. He noted worsening land degradation and vanishing water resources, underscoring Central Asia’s acute climate vulnerability. In response, Uzbekistan unveiled a new pledge to cut its greenhouse gas emissions by 50% by 2035 (from 2010 levels) by expanding renewable energy and forests. Such actions align with COP30’s call for developed nations to triple adaptation finance by 2035 to help vulnerable countries cope. “COP30 showed that climate cooperation is alive and kicking, keeping humanity in the fight for a livable planet,” UN climate chief Simon Stiell said in his closing speech, praising delegates for persisting despite global divisions. National Commitments and Initiatives Kazakhstan, Central Asia’s largest economy and emitter, took on a visible role at COP30. Its delegation was led by Minister of Ecology and Natural Resources Yerlan Nyssanbayev, who addressed the summit’s opening session. Nyssanbayev reaffirmed Kazakhstan’s commitment to the Paris Agreement goals, noting the country has adopted a “Revised Nationally Determined Contribution (NDC) and a National Adaptation Plan” with more ambitious targets to cut emissions and bolster resilience. “It is crucial for us to consistently work toward achieving our climate goals,” he stated. Nyssanbayev emphasized the importance of climate finance for developing countries, highlighting the new “Baku–Belém Roadmap” to mobilize $1.3 trillion annually by 2035 and urging support for a significantly increased funding mechanism.  Kazakhstan also became one of only seven nations – and the sole Central Asian country – to sign a joint declaration pledging “near zero” methane emissions from its fossil fuel sector. In a sign of ongoing regional leadership, Nyssanbayev invited all delegates to attend a Central Asia Regional Environmental Summit that Kazakhstan will host in 2026, aiming to sustain climate cooperation beyond COP30. Kyrgyzstan, given its geography, used the summit to champion the mountain agenda and the plight of high-altitude communities on the frontlines of climate change. The Kyrgyz Republic chairs the UNFCCC’s Mountain Group and sent a delegation led by Deputy Chairman of the Cabinet of Ministers, Edil Baisalov, and Dinara Kemelova, the President’s Special Representative for the Mountain Agenda. In the first week of COP30, Kemelova delivered keynote remarks at multiple high-level sessions, calling for strengthened international support and...

ADB Approves $56.4 Million Disaster-Response Package for Tajikistan and Kyrgyzstan

The Asian Development Bank (ADB) has approved a $56.4 million program aimed at strengthening disaster-response capacity in Tajikistan and Kyrgyzstan, the bank announced in an official statement. According to the ADB, both countries face high exposure to earthquakes, floods, and other climate-related hazards. Their ability to respond effectively remains limited by constrained fiscal resources and a lack of risk-transfer mechanisms. The newly approved program is designed to enhance financial preparedness through two pre-arranged ADB financing instruments, each tailored to different levels of disaster risk. Innovative Tools for Disaster-Risk Financing The program incorporates two key components: Contingent Disaster Financing (CDF) and Disaster Resilience Bonds (DRB). CDF provides budgetary support during medium-scale natural disasters or public health emergencies. DRBs, issued on international capital markets, offer rapid liquidity for major, high-severity disasters. “This program will help reduce the fiscal burden on both countries following natural disasters, including geophysical events, extreme weather, and health emergencies,” said Leah Gutierrez, ADB Director General for Central and West Asia. She emphasized that the combination of policy reforms, institutional strengthening, and innovative financing marks a shift from reactive response to proactive disaster-risk management. Focus on Institutional Reforms and Regional Cooperation The initiative also emphasizes strategic policy reforms, capacity building, and governance improvements to ensure a coordinated and transparent disaster-risk management system. It was developed under ADB’s technical assistance program to establish disaster-risk transfer mechanisms in the Central Asia Regional Economic Cooperation (CAREC) region, a partnership supporting sustainable development and regional integration. The program will be financed through a $53.1 million grant from the Asian Development Fund (ADF), with an additional $3.3 million from the Asia-Pacific Climate Fund. ADF grants are targeted at the poorest and most vulnerable countries in the Asia-Pacific. From 2021 to 2024, the fund supported the lifting of 384,000 people out of poverty and the creation of approximately 500,000 jobs.