• KZT/USD = 0.00220
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00220
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00220
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00220
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00220
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00220
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00220
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00220
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
30 October 2026

Viewing results 1 - 6 of 18

Central Asian Leaders Link Trade and Security at Baku Summit

Central Asian leaders called for better transport links and joint action on water shortages at the Baku summit in Azerbaijan on October 15, arguing that practical cooperation could prevent political disputes from turning into conflict. The seventh summit of the Conference on Interaction and Confidence Building Measures in Asia (CICA) adopted the Baku Declaration, admitted Laos as a new member, and approved Azerbaijan’s continued chairmanship through 2028. Uzbekistan’s President Shavkat Mirziyoyev called for an “infrastructure of trust” based on transparent government actions and the fulfillment of commitments. His proposed concept would connect conflict prevention with joint transport and energy projects, trade, and digital links. He pointed to the damage that conflicts in Asia were causing to economies and security far from the fighting. Mirziyoyev warned, “When dialogue weakens, the risk of misguided decisions increases.” He urged governments to prevent political disagreements from becoming armed confrontations. Kazakhstan’s President Kassym-Jomart Tokayev proposed a preventive diplomacy mechanism within CICA, enabling members to contribute before a crisis develops. He told the summit, “Peace is best built before crises emerge.” According to the Azerbaijani state news agency AZERTAC’s account, the Baku Declaration includes provisions on economic ties, transport and digital connections, and energy security. It addresses the opportunities and risks of artificial intelligence. Trade Routes Across the Caspian Sea The meeting came one week after the Avaza summit, where Central Asian presidents and Azerbaijan’s Ilham Aliyev discussed east-west and north-south trade routes. In Baku, those regional priorities entered a wider Asian forum, alongside calls to make commercial relationships more dependable. Tokayev proposed a CICA Transport Connectivity Strategy covering major routes, including the Middle Corridor across the Caspian Sea. He linked Azerbaijan’s rapprochement with Armenia to new opportunities for east-west transport. Tajikistan’s President Emomali Rahmon called in his summit address for simpler customs and logistics procedures and better connections between different forms of transport. He presented economic cooperation as a foundation for lasting peace, alongside continued action against terrorism and its financing. On the summit’s sidelines, the foreign ministers of Azerbaijan, Turkmenistan, and Uzbekistan discussed transport and transit cooperation. Their talks covered improvements to logistics infrastructure and international routes connecting Central Asia with the Caucasus, according to Turkmenistan’s government account. During a separate bilateral meeting, Tokayev and Aliyev inaugurated the Trans-Caspian Fiber-Optic Cable Line remotely, opening an approximately 380-kilometer connection between Aktau in Kazakhstan and Sumgayit in Azerbaijan. The project forms part of the Digital Silk Way initiative, with onward connections intended to carry data between China, Central Asia, and Europe. Kazakhstan’s Ministry of Artificial Intelligence and Digital Development gives the cable a design capacity exceeding 400 terabits per second. The ministry says the additional route will provide backup for existing international connections and allow operators to distribute traffic across more channels. It expects the connection to attract investment in data centers and cloud services as Kazakhstan seeks a larger role in carrying international data. Kyrgyzstan’s President Sadyr Japarov similarly called for fiber-optic routes linking Asia and Europe. He invited technology companies to build data centers...

Uzbekistan Introduces Life Imprisonment for Rape of Children Under 14

Uzbekistan has introduced penalties of 15 to 25 years in prison or life imprisonment for rape and certain other serious sexual offenses against children under 14. President Shavkat Mirziyoyev has signed a law eliminating the statute of limitations for prosecuting these crimes. The amendments affect five codes and six laws and expand legal protections for children against physical and psychological violence, including abuse by relatives and educational staff. For intentional crimes resulting in a child's death, suspended sentences and early release on parole will be prohibited. “Violence against a young child can never be tolerated, and punishment must be inevitable and uncompromising,” Saida Mirziyoyeva, head of the Presidential Administration, wrote on her Telegram channel. Children who have experienced or witnessed violence will be entitled to free state-funded legal assistance from the moment they become involved in legal proceedings. If a parent, adoptive parent, guardian, or another relative is suspected of the crime, a representative of the guardianship authorities must also protect the child's interests during the investigation and trial. In schools and other educational institutions, staff responsible for teaching or caring for children can be dismissed if held legally responsible for violence against a child. The legislation was approved following a high-profile case in the Namangan region, where reports emerged of alleged sexual violence against a five-year-old girl at a state-run kindergarten in the Uchqurgan district. The case sparked public outrage and debate over appropriate punishment for those responsible. Mirziyoyeva previously stated that responsibility should extend to both the direct perpetrators and officials whose negligence may have allowed the alleged assault to take place. According to the Oliy Majlis, Uzbekistan's parliament, 445 criminal cases involving the rape of children under 14 were opened in the country between 2022 and 2025. The amendments passed the lower house of parliament on September 30, following a first reading on September 29, and were approved by the Senate on October 2.

Central Asia and Azerbaijan Discuss Trade Expansion at Turkmenistan Summit

The leaders of Central Asia and Azerbaijan met in Turkmenistan on October 8, with expanding trade between their countries high on the agenda. Kazakhstan's President Kassym-Jomart Tokayev called for trade among the six countries to rise to at least $20 billion, up from approximately $13 billion in 2025. The eighth Consultative Meeting of the Heads of State of Central Asia and Azerbaijan was held in the resort of Avaza, with Azerbaijan participating as a full member of the grouping for the first time. According to Tokayev, trade between the six countries accounted for just 8% of their combined trade turnover last year. He proposed that governments develop a joint action plan to increase that share. Other leaders put forward proposals for closer economic ties. Uzbekistan's President Shavkat Mirziyoyev called for greater cooperation in manufacturing and a Central Asia-Azerbaijan Business Forum in 2027, while Kyrgyzstan's President Sadyr Japarov proposed creating a shared e-commerce platform to make regional products more accessible. One problem is the insufficient integration of national markets. Even where countries share a border, trade is hampered by logistical constraints and differences in business operating conditions. Tokayev proposed bringing existing and planned cross-border trade and logistics complexes and industrial centers into a single network. The idea is to enable businesses from different countries to sell finished products to one another and produce them jointly. However, Kazakhstan's major transport projects are not designed solely for its neighbors. Astana is investing in railways and highways to increase freight transit between China, Central Asia, and Europe. The projects include the Moyynty–Kyzylzhar, Darbaza–Maktaaral, and Bakhty–Ayagoz railway lines, as well as the Aral–Caspian highway project. The Middle Corridor holds a particularly important place in these plans, running from China through Kazakhstan, the Caspian Sea, Azerbaijan, and Georgia to Europe. It allows freight to bypass Russian territory and is viewed as an alternative to traditional northern routes. Kazakhstan is now proposing to explore linking the Middle Corridor with the Trump Route for International Peace and Prosperity (TRIPP), a transport project through Armenia intended to connect mainland Azerbaijan with Nakhchivan. Plans for the route were outlined during talks in Washington in August 2025, and Armenia and the United States signed a framework agreement in June 2026. The route is to remain under Armenian sovereignty and jurisdiction. Astana has already established a technical group to assess its potential participation in TRIPP. For now, Tokayev is proposing that the integration of the two transport initiatives be discussed only at the expert level. At the Avaza summit, Turkmen President Serdar Berdimuhamedov emphasized the importance of developing North–South transport corridors alongside East–West routes. Turkmenistan also supports the eastern branch of the International North–South Transport Corridor, which connects Russia with Iran through Kazakhstan and Turkmenistan. However, an increase in freight traffic through Central Asia does not in itself mean that trade among its countries will grow. For that to happen, local producers need access to neighboring markets. The summit also addressed cooperation over shared water resources, with Tokayev proposing a regional framework...

Uzbekistan Privatization: Unsold State Assets Relisted With $85 Opening Bids

Uzbekistan has begun putting previously unsold state assets back on the market, with opening bids starting at 1 million Uzbek soums, or about $85. The first lots include stakes in small companies, a district laboratory, vacant buildings, and a former mineral fertilizer warehouse. That figure is the opening bid in an electronic auction, not a valuation of the property. The final price will be determined by bidding. The new rules took effect on September 8 and cover 84 previously unsold assets. They are part of a new privatization package approved by President Shavkat Mirziyoyev on August 28. The government also plans to offer stakes in another 84 companies, 1,242 real estate properties, and about 8,000 hectares of land. The package also calls for 85 enterprises to be liquidated or reorganized. Among the first offerings is a 100% stake in Bukhsu Scientific Biotechnology, a limited liability company registered in Bukhara. Despite its name, the state registry lists its activity as auxiliary services in the field of education. Another lot is a 100% stake in Yangiyo‘l tuman laboratoriya, a district laboratory in Yangiyul District, Tashkent Region. The state had already tried to sell it, offering the stake for about $820 in May 2026, but no buyer emerged. Also for sale are a 100% stake in Iqtisod-Moliya and a 30% stake in Ferula Shifobaxsh. The latter is associated with agriculture and is currently listed in the state registry as inactive. The real estate lots include retail premises, vacant buildings, and a former warehouse used to store and distribute mineral fertilizers. In Samarkand Region, authorities separately announced the renewed sale of five properties in the Narpay, Kattakurgan, Pakhtachi, and Urgut districts. All of the assets have been offered for sale before without success. Uzbekistan has been selling state-owned companies, banks, real estate, and land for years. Large transactions attract international capital. Alongside them, however, is a less visible part of the state economy: small businesses and properties with no obvious buyer. The problem predates the latest decree. As of April 1, 2025, more than 3,600 state assets remained on sale with a combined starting value of about $1.4 billion. Prices had been reduced for 440 assets after they remained unsold for more than three months. In 153 cases, prices had been cut by 70–90%. In 2024, Mirziyoyev criticized slow sales and inflated valuations of some state property. A new privatization program at the time included stakes in hundreds of enterprises and more than 1,000 real estate properties. The latest decree accelerates the process. After three months without a buyer, the price of an asset can be reduced in stages. Some properties can also be sold through a hybrid auction, in which the price falls until a bidder emerges and then rises as participants compete. Payment terms are also changing. Buyers need to make an initial payment of only 15%, with the remainder payable in interest-free installments. If 35% is paid within the first three months, the balance can be spread over up to five...

Uzbekistan Plans Second Nuclear Power Plant Before First Is Ready

Uzbekistan will soon begin preparations for the construction of a second nuclear power plant (NPP), President Shavkat Mirziyoyev announced during an August 17 visit to Khorezm region. The announcement came a little more than two months after construction officially began on the country’s first NPP. The authorities have not yet disclosed where the new plant will be located or how much capacity it will have. They have also not named a technology partner. Discussing energy in connection with new industrial projects, Mirziyoyev said investors need an acceptable electricity price and a guarantee of uninterrupted supply. Uzbekistan is building its first NPP with the participation of Russia’s state nuclear corporation Rosatom. On June 4, first concrete was poured for the foundation of the first unit of the integrated NPP in Farish district, Jizzakh region, officially marking the start of construction. Mirziyoyev and Russian President Vladimir Putin launched the project by video link. International Atomic Energy Agency (IAEA) Director General Rafael Grossi also participated in the ceremony. The project itself has changed considerably over the past two years. In 2024, Uzbekistan and Russia agreed to build a small nuclear power plant with six RITM-200N reactors, each with a capacity of 55 MW. Tashkent later decided to combine small modular and large-scale nuclear generation at a single site. Under the current configuration, the Jizzakh project will have two large VVER-1000 units and two small RITM-200N units. The complex will have a total capacity of 2.11 GW and is expected to generate about 15.4 billion kWh of electricity annually. The first small reactor is expected to come online in 2029. The first large unit could begin operating in 2033, with the entire complex expected to be commissioned by 2035. Plans for a second NPP come as electricity demand is rising rapidly. Uzbekistan’s 2020–2030 electricity plan aimed to raise annual generation from 63.6 billion kWh to 120.8 billion kWh by 2030. A more recent government forecast puts electricity consumption at 121 billion kWh by 2035. Some of the growing demand is expected to be met by solar and wind power. Nuclear energy is intended to provide baseload generation, including for industry. Mirziyoyev specifically linked preparations for the second plant to investors’ need for a stable electricity supply. Uzbekistan is therefore expanding its nuclear program before its first reactor has entered operation. The country is continuing to develop the infrastructure and expertise needed for the new industry. Following a June review, the IAEA said Uzbekistan had made significant progress but needed to complete work on its nuclear regulatory body and finalize feasibility studies. So far, Mirziyoyev has said only that preparations for the second NPP will begin. Its cost, timetable, capacity, and technology have not been announced, nor has a potential contractor been named. The first NPP involves long-term cooperation with Russia’s nuclear industry. Rosatom is participating in the project, which will use its reactor technology. Mirziyoyev said in June that Uzbekistan planned further nuclear power projects with Russia, but whether the same model will be used for the second plant or Tashkent will consider...

Belarus Plans to Recruit 5,000 More Workers From Uzbekistan as Labor Partnership Expands

Belarus plans to recruit another 5,000 workers from Uzbekistan’s Andijan Region, significantly expanding a labor migration program that has become one of the most visible outcomes of the growing partnership between the two countries. The announcement was made by Belarusian President Alexander Lukashenko during a working visit to the Orsha district of the Vitebsk Region on July 14. Speaking alongside Andijan regional governor Shukhrat Abdurakhmanov, Lukashenko said the additional workers would begin arriving in groups of 500 from September 2026. The new recruitment drive follows agreements reached during Uzbek President Shavkat Mirziyoyev’s official visit to Belarus earlier this month, when the two countries elevated their relationship to a strategic partnership and pledged to deepen cooperation across multiple sectors, including labor migration. During his visit to Vitebsk, Lukashenko described the project as beneficial for both sides. “I promised the President that we would do this. It is beneficial for us,” he said. “This will help develop the Vitebsk Region.” He also sought to reassure future workers that they would receive the same treatment as local residents. “When they come here, they must know that they are not strangers to us,” Lukashenko said. “Everything we build will be for people for Uzbeks and Belarusians alike. There will be no difference. Your children will attend kindergartens and schools under the same conditions as Belarusian children. The only thing is that they should work.” According to Belarusian officials, Uzbek citizens will work in agriculture and construction. They will also work in industry and the service sector, while some will take junior medical roles. Authorities said the first group of 255 workers had already arrived and been assigned to workplaces across the region. The partnership extends well beyond employment. Belarus plans to provide the Uzbek side with 10 cattle-fattening facilities across seven districts together with 8,000 hectares of agricultural land. The meat produced there is expected to be exported to Uzbekistan. Another 2,000 hectares in the Beshenkovichi district will be allocated to Uzbek partners for potato cultivation, while Belarus will provide seed potatoes and technical support, including agricultural expertise. Officials are also discussing projects in wood processing, including a modern timber-processing plant backed by Uzbek investment and a facility producing pellets for export to Uzbekistan. Lukashenko said implementation should begin without delay. “We should start doing it without postponing,” he said. Plans also include establishing an Uzbek construction trust staffed by Uzbek workers to build and maintain Uzbekistan’s facilities in Belarus. An Uzbek trade house has already opened in Vitebsk, while premises have been selected for an Uzbek restaurant. Belarusian authorities also intend to transfer a former boarding school in Bahushewsk that will be converted into a recreation center for Uzbek citizens. On the Uzbek side, the Migration Agency reported that more than 250 residents of Andijan Region recently flew to Belarus on a charter flight to work temporarily in agriculture and livestock farming. The agency said the project is being implemented under a simplified procedure based on a trilateral agreement involving the Andijan regional government, the...