• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10672 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10672 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10672 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10672 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10672 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10672 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10672 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10672 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
06 February 2026

Viewing results 1 - 6 of 45

Uzbekistan, Pakistan Set $2 Billion Trade Target Following High-Level Talks in Islamabad

Uzbek President Shavkat Mirziyoyev arrived in Islamabad on a state visit on February 5, marking a new chapter in Uzbekistan-Pakistan relations. According to official sources, the Uzbek leader’s aircraft was escorted by Pakistan Air Force fighter jets upon entering the country’s airspace. At Nur Khan Airbase, Mirziyoyev was received by President Asif Ali Zardari, Prime Minister Shehbaz Sharif, and senior Pakistani officials. Shortly after his arrival, Mirziyoyev visited the headquarters of Global Industrial & Defence Solutions, where he met with Pakistan’s Chief of Army Staff, Field Marshal Asim Munir. The two sides discussed strengthening the strategic partnership, with an emphasis on military and military-technical cooperation. Areas of focus included deepening collaboration between defense industry enterprises, expanding training for military personnel, sharing operational experience, and organizing joint exercises. Both countries agreed to draft a roadmap for future defense cooperation. Later that day, Mirziyoyev held one-on-one talks with Prime Minister Sharif and chaired the inaugural meeting of the High-Level Strategic Cooperation Council. At the meeting’s outset, the Uzbek president extended greetings in advance of the holy month of Ramadan and Pakistan Day. Discussions centered on implementing existing agreements and expanding cooperation across political, economic, and humanitarian spheres. Trade and economic cooperation featured prominently. Bilateral trade reached nearly $500 million by the end of last year, and approximately 230 Pakistani-capital companies are currently operating in Uzbekistan. Air connectivity and banking ties between the two countries are also expanding. Ongoing joint ventures span textiles, pharmaceuticals, chemicals, agriculture, and other sectors. An exhibition of Uzbek industrial products is being held in Islamabad as part of the visit. The two leaders agreed to set a goal of raising bilateral trade turnover to $2 billion in the near future. Key measures include expanding the list of goods under the Preferential Trade Agreement, easing phytosanitary requirements for Uzbek agricultural exports, and increasing the use of Uzbekistan’s trade houses in Lahore and Karachi. A joint project portfolio valued at nearly $3.5 billion has already been developed. Transport and logistics were another central topic. Both sides emphasized the strategic importance of advancing the Trans-Afghan railway and supporting the Pakistan-China-Kyrgyzstan-Uzbekistan transport corridor. They also agreed to establish an Uzbek-Pakistani Forum of Regions, with the inaugural meeting scheduled to take place this year in Uzbekistan’s Khorezm region. Cultural cooperation was also addressed. Plans include hosting Uzbekistan Culture Weeks and Uzbek Cinema Days in Pakistan and exploring the creation of a joint cultural center in Lahore dedicated to the Baburid heritage. The visit concluded with the signing of a Joint Declaration and a series of agreements spanning diplomacy, trade, defense, transport, agriculture, digital technologies, culture, security, and regional cooperation. Mirziyoyev also extended an invitation to Prime Minister Sharif for a return visit to Uzbekistan.

Kazakhstan Bets on Pakistan for Central Asian Connectivity

In early February, Kazakh President Kassym-Jomart Tokayev made a historic visit to Pakistan. The last such visit was a two-day trip in 2003 by then-President Nursultan Nazarbayev, during which he met with the Pakistani president at the time, General Pervez Musharraf. Kazakhstan’s outreach to Pakistan reflects a broader recalibration of its connectivity strategy, as Astana looks to secure more reliable southbound trade routes amid shifting geopolitical and logistical constraints across Eurasia. The topic of connectivity was already on the table in 2003, and it was also one of the most important issues during the latest visit, with Tokayev discussing the issue with Pakistani Prime Minister Shehbaz Sharif. The trip culminated in the signing of 37 agreements in various fields, including strategic sectors such as mining and, more generally, trade, with the aim of increasing trade from the current $250 million to $1 billion. Official statements indicate that both sides are aiming to reach that target within approximately the next two years. From a political point of view, the bilateral relationship has been elevated to the rank of Strategic Partnership. In an official statement released following the visit, great importance was placed upon the issue of connectivity and logistics between South and Central Asia. From this point of view, the Kazakhstan-Turkmenistan-Afghanistan-Pakistan railway took center stage. If completed, the project would connect Kazakhstan to the ports of Karachi and Gwadar and allow Pakistan to be included in the North–South International Transport Corridor and Trans-Caspian Middle Corridor logistics routes. Speaking to the Pakistani media in the days leading up to Tokayev's trip, the Kazakh ambassador to Pakistan, Yerzhan Kistafin, stated Astana's willingness to fully finance the construction of the infrastructure, at a total cost of around $7 billion. Kazakhstan's move represents an acceleration of a logistical competition in this arena involving various players, with some at the forefront, such as Pakistan and Iran, and others further behind, such as China and India. It has been talked about for some time, but the backbone of the Kazakhstan-Turkmenistan-Afghanistan-Pakistan railway has only recently begun to take shape, as confirmed to The Times of Central Asia by Dr. Nargiza Umarova, Head of the Center for Strategic Connectivity at the Institute for Advanced International Studies (IAIS): “In 2024, Kazakhstan joined the project to construct a railway through Afghanistan, also known as the western trans-Afghan route. The Turkmenistan-Afghanistan-Pakistan (TAP) railway corridor is designed to integrate the transport systems of Central and South Asia, which will stimulate trade and economic ties between the two regions. The TAP railway, which runs through western Afghanistan to the border with Pakistan, could be extended to Pakistani ports on the Indian Ocean. This would provide Central Asian countries with an alternative route to the open seas in addition to the southern ports of Iran.” Pakistan's importance as the destination for Kazakhstan's logistics ambitions was confirmed by Dr. Marriyam Siddique, Assistant Professor at the Pakistan Navy War College in Lahore: “Pakistan serves as the primary maritime gateway for Kazakhstan’s 'land-linked' strategy, offering the shortest geographical...

Uzbekistan and Turkey Set $5 Billion Trade Target at Strategic Council Meeting in Ankara

At the invitation of Turkish President Recep Tayyip Erdoğan, President of Uzbekistan Shavkat Mirziyoyev paid an official visit to Turkey on January 29, marking a new phase in the deepening partnership between the two nations. The visit was centered around the fourth meeting of the High-Level Strategic Cooperation Council, co-chaired by the two leaders in Ankara. Discussions focused on strengthening the comprehensive strategic partnership between Uzbekistan and Turkey, with an emphasis on political dialogue, trade and economic cooperation, transport connectivity, and cultural and humanitarian exchanges. The two presidents also exchanged views on regional and global developments, underscoring the growing coordination between Tashkent and Ankara on international platforms. Both sides highlighted the steady growth in bilateral trade, the rising number of joint ventures, and increased direct flights between the two countries. Regular cultural exchanges and growing people-to-people contacts were cited as further evidence of the strengthening relationship. Key areas for future cooperation include joint projects in industry, agriculture, and social protection, as well as enhanced collaboration in defense, security, and combating cybercrime. The timing of the Strategic Council meeting was described as symbolic, taking place on the eve of Ramadan and ahead of the 30th anniversary of the Treaty on Eternal Friendship and Cooperation between Uzbekistan and Turkey. The two sides expressed satisfaction with the growing political dialogue and the convergence of their positions on many international issues. The presidents reaffirmed their commitment to mutual support in international and regional organizations, including the United Nations, the Organization of Turkic States, the Organization of Islamic Cooperation, and the Economic Cooperation Organization. Inter-parliamentary cooperation has also intensified, particularly through parliamentary friendship groups. The leaders set an ambitious goal to increase bilateral trade turnover to $5 billion in the coming years. Expanding the list of goods covered under the Preferential Trade Agreement will be a key step toward achieving that target. Ahead of the visit, new priority areas for industrial cooperation were identified and will be implemented under a separate program. Significant potential was noted for interregional cooperation, with delegations from all regions of Uzbekistan expected to visit Türkiye by the end of the year to develop joint projects. Cooperation will also be deepened in agriculture, horticulture, healthcare, and medical tourism. The two countries agreed to intensify cultural and tourism ties through joint initiatives such as theater festivals, cultural weeks, historical film productions, and heritage restoration projects. In the education sector, the fourth Rectors’ Forum will be held in Bukhara this spring. Following the Strategic Council meeting, Mirziyoyev and Erdoğan signed a Joint Statement and adopted a framework for cooperation within the comprehensive strategic partnership. A wide-ranging package of bilateral agreements was also signed, covering healthcare, education, military medicine, economic and financial cooperation, mining, transport corridors, special economic zones, nuclear safety, migration, religious affairs, foreign ministry cooperation for 2026-2027, light industry, and cultural collaboration. At the conclusion of the visit, Mirziyoyev extended an official invitation to Erdoğan to visit Uzbekistan, reflecting the continued momentum and growing trust in bilateral relations.

Uzbekistan, Paraguay Deepen Ties During First-Ever Presidential Visit

Uzbekistan and Paraguay have agreed to enhance political and economic cooperation following high-level talks in Tashkent, according to the presidential press service. The meeting between Uzbek President Shavkat Mirziyoyev and Paraguayan President Santiago Peña took place at the Kuksaroy residence, with participation from both countries’ official delegations. Mirziyoyev welcomed his counterpart and highlighted the historical significance of the visit, noting it as the first time a president from a Latin American country has traveled to Uzbekistan. The visit is expected to usher in a new era of bilateral relations. The two leaders discussed expanding cooperation across several sectors. Talks focused on increasing mutual trade, strengthening business contacts, and initiating joint projects in agriculture, food production, the chemical industry, digital technologies, tourism, and sports. Cultural, educational, and humanitarian collaboration were also emphasized as priority areas. The sides also exchanged views on international and regional developments. Following the talks, Mirziyoyev and Peña signed a joint statement reaffirming their commitment to strengthening political dialogue and expanding practical cooperation. Uzbek media reported that two additional documents were signed in the presence of the presidents: a protocol concluding bilateral market-access negotiations related to Uzbekistan’s accession to the World Trade Organization, and a memorandum between the foreign ministries to establish a mechanism for political consultations. The meeting concluded with a symbolic gesture. The two presidents planted a tree on the Alley of Honored Guests at the Kuksaroy residence, symbolizing their intention to open a new chapter in Uzbekistan-Paraguay relations.

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...

Between Trump and Putin: Tokayev Emerges as a Regional Diplomatic Powerbroker

In a striking display of diplomatic balancing, Kazakhstan’s President Kassym-Jomart Tokayev ended 2025 with a high-profile state visit to Moscow, where he and Russian President Vladimir Putin signed a declaration elevating bilateral relations to a comprehensive strategic partnership and alliance. The visit came just days after Tokayev returned from Washington, where he participated in a summit with U.S. President Donald Trump, and the September meeting with Xi Jinping in Tianjin. Back-to-back high-level diplomatic engagements have underscored Tokayev’s rising stature as a regional statesman navigating the complex geopolitical landscape between Russia and the West, representing a somewhat diplomatic ‘hat trick’ for the Kazakh leader. Kazakhstan’s multi-vector foreign policy has long sought to maintain balanced relations with Russia, China, the United States, and Europe. This approach allows Astana to position itself as a neutral and pragmatic actor even during periods of geopolitical tension, and explains why Tokayev is one of the few leaders trusted by both Washington and Moscow. Amid speculation in global media about Kazakhstan’s accession to the Abraham Accords, Tokayev’s stop in Moscow has drawn attention not only for its symbolism but also for its possible behind-the-scenes diplomacy. Kazakhstan’s agreement to sign the Abraham Accords has generated considerable discussion within diplomatic circles. For Washington, Astana’s endorsement signals alignment with U.S. regional objectives in the Middle East, while for Russia, it raised questions about Kazakhstan’s strategic leanings, making Tokayev’s immediate trip to Moscow particularly important. No Central Asian state had previously moved to formally support a U.S.-brokered Middle Eastern diplomatic framework, making Kazakhstan’s position especially noteworthy. A Private Conversation at the Kremlin Russian political analyst Arkady Dubnov highlighted the significance of an informal, private meeting between Tokayev and Putin ahead of their official talks. “The presidents exchanged brief greetings, and then Putin invited his guest to his Kremlin apartment for a private conversation,” Dubnov noted. Tokayev later confirmed that the tête-à-tête lasted over two-and-a-half hours. Dubnov suggested that such discretion may point to confidential messages being relayed. He cited recent remarks by Finnish President Alexander Stubb, who visited Astana shortly before Tokayev’s Washington trip. Stubb reportedly said that Tokayev could serve as a conduit for communication between Trump and the Kremlin. Before this, only Chinese President Xi Jinping had been granted such extended privacy with Putin, Dubnov emphasized. Tokayev is one of the few leaders who has maintained uninterrupted working relationships with both Western capitals and Moscow throughout recent years. His neutral stance on the Ukraine conflict, refusal to recognize breakaway territories, and active participation in U.S.-backed initiatives - combined with Kazakhstan’s deep economic and security links with Russia - place Tokayev in a uniquely credible position. Neither side views him as fully aligned with the other, which increases his utility as a channel for sensitive political messaging. Kazakhstan as a Strategic Messenger? Kazakh political analyst Andrei Chebotarev also underscored the potential geopolitical significance of the Tokayev-Putin meeting. “Most likely, the Russian president was interested in the details of his Kazakh counterpart's recent visit to the U.S. and his talks with...