• KGS/USD = 0.01143 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10661 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10661 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10661 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10661 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10661 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10661 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10661 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10661 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
08 February 2026

Viewing results 1 - 6 of 34

B5+1 Forum Opens as U.S. Companies Expand Economic Footprint in Central Asia

Business leaders and government officials from Central Asia and the United States gathered in Kyrgyzstan’s capital on February 4 for the start of the second B5+1 Business Forum. Co-organized by the Kyrgyz government and the Center for International Private Enterprise (CIPE), the event is intended to bring together private companies, business associations, officials, and experts interested in expanding U.S.–Central Asia commercial ties. More than 50 U.S. companies are participating in the event. The B5+1 is the business-track counterpart to the C5+1 diplomatic format that links the United States with Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. The B5+1 brings companies and policymakers together to identify barriers to investment and propose cross-border regulatory changes. This week’s meeting in Bishkek follows the inaugural B5+1 forum held in Almaty on March 14–15, 2024, which drew more than 250 stakeholders from across Central Asia and the United States. It produced 21 private-sector recommendations aimed at easing trade, improving regulations, and building regional economic integration. The Bishkek agenda is built around reviewing progress on those recommendations and setting priorities for the next phase of work. Central Asian officials have used the event to signal interest in region-wide coordination rather than country-by-country deals. In comments made in Bishkek, Kazakhstan’s Minister of Industry and Construction, Ersaiyn Nagaspaev, emphasized that foreign investors increasingly assess Central Asia as a single market, reflecting a push to align regulations and investment conditions across borders. Nagaspaev noted that more than 600 U.S. companies currently operate in Kazakhstan. Kyrgyzstan, meanwhile, used the forum to highlight domestic economic performance within that regional context. In a speech at the forum, Kyrgyzstan’s First Deputy Chairman of the Cabinet of Ministers, Daniyar Amangeldiev, said Kyrgyzstan’s economy grew by 11.1% in 2025, which he described as one of the highest growth rates in the region. Addressing the forum, U.S. Special Envoy for South and Central Asia Sergio Gor stated that the United States intends to expand its economic engagement with Central Asia. “The private sector, not intergovernmental agreements, will become the key instrument of interaction," he told those in attendance, identifying electronic commerce, artificial intelligence, critical minerals, agriculture, and transport infrastructure as priority areas. Gor noted that the American companies present at the forum represent the largest and most comprehensive U.S. commercial delegation ever to visit Central Asia. The U.S. recognizes the importance of Central Asia in global trade and connectivity, he stated. "The United States is open for business. We're open for peace. We're opening to strengthen our ties around the world. So that’s why it's fitting that the first C5 event in 2026 is this B5 + 1 forum,” Gor said, linking the Bishkek discussions to economic commitments made at the C5+1 summit in Washington in November 2025. “The Transport Corridor for Peace and Prosperity will provide reliable connectivity from Central Asia through the South Caucasus to global markets,” Gor said. “This is a historic opportunity to strengthen economic integration and long-term prosperity across the region.” During his visit to Bishkek, Gor also met with Kyrgyz President...

The “Central Asia 2030” Roundtable in Astana: From External Interest to Regional Choice

Discussions about Central Asia’s long-term strategic future are increasingly shifting from a focus on external attention to one of growing regional agency. On Monday, Astana International University hosted the first roundtable in the series Central Asia 2030: Strategic Horizons and Regional Choices. Speakers included Andrew D’Anieri, Deputy Director of the Atlantic Council’s Eurasia Center; Yerkin Tukumov, Special Representative of the President of Kazakhstan; Ambassador-at-Large Zulfiya Suleimenova; and Dauren Aben, Deputy Director of the Kazakhstan Institute for Strategic Studies under the President of Kazakhstan. Pragmatism, Regional Choice, and the Logic of the “Grand Bargain” In his remarks, Andrew D’Anieri emphasized that Central Asia is increasingly viewed in the U.S. not as a peripheral zone but as an independent strategic partner. He noted that “environmental, water, and climate issues considered within a regional framework are fully supported by the U.S.” However, he added that “long-term commercial and investment projects are impossible without long-term stability, which in turn requires coordination between neighbors, engagement on sensitive issues, and pragmatic regional cooperation.” D’Anieri also pointed to Afghanistan as “an integral part of regional logic,” and described formats such as C5+1 as evidence of Central Asia’s growing subjectivity. He highlighted the first-ever C5+1 summit at the presidential level in Washington as a landmark event, especially under the administration of Donald Trump, known for its preference for bilateral over multilateral formats. Trump and the Possibility of a Visit: Only with a “Big Deal” When asked whether a visit by President Trump to Central Asia is realistic, D’Anieri offered a candid assessment: “Such a visit is only possible if there is a large, symbolically and economically significant deal.” Whether in aviation, technology, or infrastructure, these high-visibility projects are typically what draw Trump’s engagement. He added that “the region has work to do in developing a package of initiatives that could interest the U.S. president and justify a high-level visit.” Potential areas include mining, transport, and logistics. Reframing Afghanistan’s Role in the Region Special Representative Yerkin Tukumov focused on the importance of reframing the region’s relationship with Afghanistan. For too long, he said, Afghanistan has been viewed primarily “through the prism of security threats,” resulting in a narrow and often misleading approach. Tukumov argued for a broader, more pragmatic view that considers economic, humanitarian, and cross-border dimensions. He described the C5+1 format not as a replacement for bilateral diplomacy, but as “an additional level of coordination where Central Asia can speak with a more consolidated voice without losing national autonomy in foreign policy.” He stressed the need to move beyond “ideological and declarative approaches,” toward practical, interest-based mechanisms of cooperation. Ecology, Water, and the Case for a Global Water Agency Ambassador-at-Large Zulfiya Suleimenova addressed the strategic urgency of regional coordination on water and climate. She emphasized that “water issues are transboundary in nature,” and that efforts to resolve them solely within national frameworks are bound to fall short. “Regional coordination in Central Asia is not a political slogan, but a functional necessity,” she said. Suleimenova argued that jointly promoting...

B5+1 in Bishkek: Business at the Center of Regional Integration Strategy

A two-day B5+1 business forum is underway in Bishkek, bringing together government officials from Central Asian countries, regional business leaders, and a U.S. delegation. Once viewed as a business extension of the C5+1 diplomatic dialogue, participants now describe the format as evolving into an independent and pragmatic economic platform. The forum is organized by the Center for International Private Enterprise (CIPE), in cooperation with the Cabinet of Ministers of Kyrgyzstan, under the IBECA program supported by the U.S. Department of State. A defining feature of this year’s forum is the size and prominence of the U.S. business delegation. More than 50 representatives from major corporations, which, according to official documents, include Boeing, GE Healthcare, Nasdaq, Abbott, Pfizer, Honeywell, Coca-Cola Company, Mastercard, FedEx, Apple, Wabtec, and Franklin Templeton, have convened in Bishkek. Discussions are structured around panel sessions and working groups focusing on key sectors: transport and logistics, agriculture, e-commerce, information technology, and critical mineral extraction. U.S. Special Envoy for South and Central Asia Sergio Gor stated he has arrived in Bishkek with a “clear message from Donald Trump.” He emphasized that Central Asia is among the top foreign policy priorities of the current U.S. administration. At a press conference, Gor underlined a strategic shift away from traditional intergovernmental agreements toward support for private enterprise and the development of commercially viable projects. “The U.S. government is ready to expand its tools for supporting investment cooperation, and today's discussion is only the first step toward further joint development,” he said. Focus on Regional Connectivity Transport infrastructure and regional connectivity were major themes on the opening day of the forum. Gor highlighted the U.S.-backed TRIPP initiative, which aims to establish a transport corridor through the South Caucasus linking Central Asia to Western markets. He argued that expanding alternative trade routes would support deeper economic integration within the region and boost its position in global trade networks. Forum participants echoed this sentiment, stressing that major international investors are increasingly evaluating Central Asia not as isolated national markets but as a single economic space. Representatives from Central Asian governments noted that the region’s aggregated potential, in logistics, natural resources, and consumer demand, is what attracts large multinationals. Kazakhstan’s Minister of Industry, Yersayin Nagaspayev, said over 600 American companies are currently operating in Kazakhstan, with many managing regional operations from within the country. “Our shared goal is to position Central Asia as a reliable, competitive, and attractive region for long-term business cooperation,” he stated. Redefining the Role of Business in Governance Kyrgyzstan’s Minister of Economy, Bakyt Sydykov, emphasized that the B5+1 platform is reshaping the nature of business-state interaction. “Today, business is not just a participant in the process, but a full-fledged co-author of economic reforms,” he said. He noted that the working groups had proposed recommendations in line with Kyrgyzstan’s ongoing reform agenda. These include reducing administrative barriers, digitizing public services, and improving access to finance for small and medium-sized enterprises. Toward a New Geopolitical Self-Image The forum in Bishkek also reflected a broader regional...

Central Asia Considers Single Gas Ring to Link Regional Energy Systems

A proposal to connect the five Central Asian capitals into a unified, synchronized gas network has generated widespread debate among regional energy experts following a major industry forum in Tashkent. The idea, referred to as the “Central Asia Gas Ring,” was introduced by Kazakh oil and gas analyst Askar Ismailov during the Central Asia Oil & Gas Forum in early November. An analysis of the proposal was later published by the Uzbek outlet Upl.uz, citing assessments from regional and international experts. The concept envisions physically linking the gas transportation systems of Uzbekistan, Kazakhstan, Turkmenistan, Kyrgyzstan, and Tajikistan into an integrated regional ring, modeled on the existing Central Asian Unified Power System, which already enables cross-border electricity coordination. According to Ismailov, natural gas should be seen not only as a tradable resource but as a strategic instrument for regional integration and energy security, especially in the context of growing geopolitical volatility. Experts cited by Upl.uz argue that a gas ring could help countries better manage seasonal fluctuations in demand and reduce the risk of widespread energy shortages. Recent winter blackouts, particularly in Uzbekistan, have heightened concerns about supply resilience. The proposed system could also ensure more stable gas flows to Kyrgyzstan and Tajikistan, which lack significant domestic hydrocarbon resources and frequently experience shortages. The initiative has attracted interest beyond Central Asia. Valérie Ducrot, head of the Global Gas Center, described the plan as a new model of energy cooperation that could attract international investment if the five participating states align their energy policies. Research groups such as SPIK and SpecialEurasia, also cited in the analysis, view the project as a potential cornerstone of regional infrastructure, aligning national interests around shared goals for stability and integration. Economic incentives vary across the region. For Turkmenistan, Uzbekistan, and Kazakhstan, the ring could provide enhanced flexibility in export routes and pricing mechanisms. For gas-dependent Kyrgyzstan and Tajikistan, the proposal promises greater energy security, seen as essential for long-term economic and social development. External stakeholders, including China and the European Union, are expected to show interest in financing the project, while Russia is likely to seek continued influence over pricing structures and logistics. Ismailov estimates the total cost at between $4 billion and $5 billion, with most of the funding needed for modernization of aging Soviet-era pipelines and construction of select new infrastructure segments. While Upl.uz notes that technical and political hurdles remain, the proposal highlights growing momentum toward collective energy solutions in Central Asia.

Kazakhstan–Uzbekistan Partnership Signals a New Era in Central Asia

For many years, Kazakhstan and Uzbekistan were seen as regional rivals, with many analysts believing this long-standing competition impeded the realization of sustainable regional strategies. However, leadership changes and expanded cooperation frameworks in Central Asia have significantly shifted these dynamics. Today, countries in Central Asia are shaping policies at the intersection of Western, Chinese, and Russian interests, whilst looking even further afield. As Kazakhstan and Uzbekistan assert themselves more on the global stage, they are increasingly finding common ground. In part because of their geographic size and numbers, Kazakhstan and Uzbekistan are seen as the leading states in Central Asia. Kazakhstan has the largest territory by far, while Uzbekistan boasts the largest population, which stands in excess of 37 million. Both nations possess significant resources and development potential. While their current leadership has dismissed notions of rivalry, its roots stretched back for decades. Historical Competition Tensions between the two republics date to the Soviet era, when the rivalry was evident even to ordinary citizens. The influence of Dinmukhamed Kunaev, First Secretary of the Central Committee of the Communist Party of Kazakhstan, often clashed with that of his Uzbek counterpart, Sharaf Rashidov. Beyond personal rivalries between republican leaders, Soviet-era administrative borders were often drawn without regard for demographic realities or resource flows. Competition for Moscow’s attention and investment funding pushed union republics to emphasize different sectors - Kazakhstan’s development of virgin lands turned it into a major grain hub, while Uzbekistan long benefited from its cotton industry - creating distinct economic identities that later persisted into independence. These divergent economic structures shaped early regional competition and informed differing policy priorities in the 1990s and 2000s. Both republics had substantial industrial capacity, though analysts argue that Kazakhstan maintained an edge in economic growth. The Baikonur Cosmodrome, still operational today, was also a long-standing strategic asset within Kazakhstan’s borders. Following the collapse of the Soviet Union, this rivalry only intensified. Nursultan Nazarbayev and Islam Karimov, then presidents of Kazakhstan and Uzbekistan, were widely viewed as competing for regional leadership. While their economies were initially on par, Uzbekistan gradually turned inward, while Kazakhstan opened to foreign investment, particularly in the extractive sector. In the 2000s, despite successful border delimitation, disputes flared over boundaries, water, and natural resources. Some analysts contend that it was this lingering friction that hindered efforts to preserve the Aral Sea, once the world’s fourth-largest lake, which has now largely disappeared, at least in its southern section, causing dust storms so vast they are visible from space. In 2002, the border villages of Bagys and Khiyobon, inhabited by ethnic Kazakhs but situated in Uzbekistan, demanded to be recognized as part of Kazakhstan. These territories had been transferred to Uzbekistan in 1956. They were officially reincorporated into Kazakhstan only in 2021. Presidents Reject Rivalry Narrative Kazakh political scientist Gaziz Abishev maintains that there is no leadership struggle today between Kazakhstan and Uzbekistan. “An important point that was made is that there is no unhealthy rivalry between Kazakhstan and Uzbekistan, or between Kazakhs...

Opinion: Central Asia Is Consolidating Its Role as a Full-Fledged Actor in Global Processes

The seventh Consultative Meeting of the Heads of State of Central Asia, held in Tashkent, was far more than a routine regional gathering. It marked a pivotal moment with the potential to shape the political and economic architecture of the region for the next decade or two. President Shavkat Mirziyoyev’s keynote address stood out for articulating a forward-looking and comprehensive strategic vision. Notably, he proposed redefining the format itself from a loose “consultative mechanism” into a more cohesive and institutionalized “Central Asian Community.” At the summit, leaders endorsed several landmark documents: the Concept for Regional Security and Stability in Central Asia, the Catalogue of Threats to Central Asia’s Security and measures for their prevention for 2026-2028 and its implementation plan, a joint appeal supporting the Kyrgyz Republic’s candidacy for the UN Security Council, and the decision to admit Azerbaijan as a full-fledged participant. Taken together, these steps signal that Central Asia increasingly sees itself not as a passive bystander amid global geopolitical turbulence, but as an emerging regional actor capable of shaping its own trajectory. Two broader trends deserve special emphasis. First, the region is moving beyond reactive engagement with external initiatives and power blocs. Rather than relying solely on structures created by outside actors, Central Asia is beginning to develop its own institutions. This shift mirrors a global pattern: as the international order becomes more fragmented and unpredictable, regional communities are strengthening their internal mechanisms as a means of resilience. Second, the format envisioned in Tashkent diverges from “Brussels-style integration.” It does not require the transfer or dilution of sovereignty. Instead, it relies on soft integration, consultation, consensus-building, and phased convergence. As President Mirziyoyev noted, having a shared and realistic sense of “what we want our region to look like in 10-20 years” is essential. Without such a vision, Central Asia risks remaining the object of great-power competition rather than an autonomous participant in it. One of the summit’s most consequential developments was the decision to welcome Azerbaijan as a full-fledged member of the format. The emerging political and economic bridge between Central Asia and the South Caucasus is quickly becoming not only a transit nexus but also a cornerstone of a broader geopolitical space. The strengthening of Trans-Caspian corridors, the advancement of the “China – Kyrgyzstan – Uzbekistan” railway, the Trans-Afghan corridor, and the alignment of Caspian Sea transport routes will significantly expand the region’s strategic and economic potential. A further nuance is worth highlighting: Azerbaijan’s long-standing ties with the Western political and security architecture, through NATO partnership mechanisms and energy corridors, as well as its membership in the Organization of Turkic States, introduce new layers of connectivity. Its inclusion repositions the “Central Asian Community” from a post-Soviet platform into a wider geopolitical constellation spanning Eurasia, the South Caucasus, and the Middle East. For Central Asian states, this new configuration opens additional room for multi-vector diplomacy and reduces the risks of unilateral dependence.   The views expressed in this article are those of the author and do not...