• KZT/USD = 0.00213
  • TJS/USD = 0.10800
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00213
  • TJS/USD = 0.10800
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00213
  • TJS/USD = 0.10800
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00213
  • TJS/USD = 0.10800
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00213
  • TJS/USD = 0.10800
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00213
  • TJS/USD = 0.10800
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00213
  • TJS/USD = 0.10800
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00213
  • TJS/USD = 0.10800
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850

Viewing results 1 - 6 of 34

Uzbekistan and Georgia Deepen Ties as Tashkent Eyes Black Sea Routes

Uzbekistan and Georgia have elevated their relations to a strategic partnership as Tashkent seeks wider access to Black Sea ports and new routes linking Central Asia with European markets. As The Times of Central Asia previously reported, Mirziyoyev traveled to Georgia on a July 2-3 state visit aimed at expanding cooperation in trade, transport, investment, and regional connectivity. The visit concluded with the signing of a Strategic Partnership Declaration and a series of agreements designed to deepen political and economic ties. Uzbekistan and Georgia established diplomatic relations on August 19, 1994. Their cooperation was formalized a year later with the signing of the Treaty on Friendship and Cooperation. While political dialogue has continued over the years, bilateral engagement has accelerated since 2022 through regular presidential meetings, visits by prime ministers, sessions of the intergovernmental commission, and consultations between the two countries’ foreign ministries. Last year, on March 5, Georgian Prime Minister Irakli Kobakhidze visited Tashkent, where the two sides discussed expanding cooperation. The latest visit built on those discussions. According to the Uzbek presidential press service, the two leaders agreed to strengthen cooperation in politics, trade, investment, transport, tourism, and humanitarian exchanges. Bilateral trade reached $270 million in 2025, and has already exceeded $100 million since the beginning of this year. Both governments adopted the goal of increasing annual trade to $1 billion through a dedicated roadmap, reducing trade imbalances, and expanding exports through reciprocal industrial exhibitions. Transport and logistics featured prominently in the talks. The leaders agreed to expand the use of Georgia’s Poti and Batumi ports for Uzbek cargo and supported plans to establish a logistics hub that would include an industrial zone and a permanent showroom for Uzbek products. Mirziyoyev also proposed linking the future China-Kyrgyzstan-Uzbekistan railway with the Baku-Tbilisi-Kars railway, a move that could create a new transport corridor connecting Central Asia with European markets. The two countries also agreed to establish a joint investment fund and launch new industrial projects in agriculture, electrical engineering, pharmaceuticals, renewable energy, food processing, construction materials, digital technologies, digital banking, and tourism. Uzbekistan will also open an embassy in Georgia, while educational and tourism forums are scheduled to take place later this year. Political analyst Mukhtor Nazirov believes the visit represents more than a routine diplomatic exchange. Speaking to local media, he argued that Georgia is increasingly becoming Uzbekistan’s gateway to Europe as Tashkent seeks to diversify its foreign trade routes. “Today, a country’s economic opportunities are largely determined by its transport corridors and access to foreign markets,” Nazirov said. “The signing of the Strategic Partnership Declaration is therefore an important event in Uzbekistan’s foreign policy.” Nazirov noted that the Trans-Caspian International Transport Route, commonly known as the Middle Corridor, has become increasingly important for Uzbekistan. According to him, the route carried 12% of Uzbekistan’s foreign trade cargo in 2021, but that share has now risen to 28%. Official figures show that 1.2 million tons of cargo were transported along the corridor in 2025, while container train transit times to...

Uzbekistan and Georgia Sign Strategic Partnership Declaration

Uzbekistan and Georgia have signed a declaration establishing strategic partnership relations, adding a new dimension to a relationship led by trade and Eurasian transit routes. President Shavkat Mirziyoyev and Georgian Prime Minister Irakli Kobakhidze held talks on July 3 in Tbilisi during Mirziyoyev's state visit. The sides also exchanged agreements and memorandums on customs, digitalization, education, agriculture, tourism, environmental protection, labor migration, healthcare, and nuclear and radiation safety. The visit was the first by an Uzbek president to Georgia in 23 years. Mirziyoyev held talks with Georgian President Mikheil Kavelashvili on July 2 and with Kobakhidze the following day. Before the signing, Georgian Foreign Minister Maka Botchorishvili told 1TV that the visit was a "historic opportunity to elevate relations" and tied the agenda to the Middle Corridor. One concrete diplomatic step is Tashkent's decision to open an embassy in Georgia. Uzbekistan currently has no embassy in Georgia and covers the country through its diplomatic mission in Baku, despite diplomatic relations having been established in August 1994. The Uzbek president's office said bilateral trade reached $270 million in 2025 and has passed $100 million since the start of 2026. The governments plan a dedicated roadmap to raise trade to $1 billion in the coming years and reduce the trade imbalance. Following the talks, the Uzbek side said both governments had agreed on "concrete steps to significantly increase trade and deepen industrial cooperation in key sectors." The focus on Georgian ports gives the deal a clear regional dimension. Mirziyoyev and Kobakhidze discussed wider use of Poti and Batumi for Uzbek cargo and backed a logistics hub in Georgia, with an industrial zone and a showroom for Uzbek products. A business forum held before the signing drew about 300 participants, including Georgian businesses from logistics, pharmaceuticals, finance, IT, tourism, and agribusiness. Georgia already serves as a South Caucasus outlet for Central Asian freight moving toward the Black Sea and Turkey. Uzbekistan is seeking more western routes as it develops rail links toward China, Afghanistan, and the Caspian Sea. The Times of Central Asia recently reported that Kyrgyzstan and Georgia discussed linking the China-Kyrgyzstan-Uzbekistan railway to Georgian port infrastructure. Mirziyoyev made the same connection in Tbilisi, proposing that the Baku-Tbilisi-Kars railway corridor be integrated with the China-Kyrgyzstan-Uzbekistan railway now under development. That proposal would put Georgia firmly inside Uzbekistan's export planning. Uzbek foreign trade cargo moving along the Middle Corridor has doubled over the past five years to reach 1.2 million tons by the end of 2025. Industrial cooperation is also moving beyond general pledges. The sides signed a cooperation program through 2027 and discussed projects in agriculture, electrical engineering, energy, pharmaceuticals, food processing, construction materials, digital services, and tourism. The leaders also proposed a joint investment fund to support new projects. People-to-people links have grown with direct flights. Tashkent now has air links with both Tbilisi and Batumi, with direct flights operating 13 times per week. More than 21,500 Uzbek tourists visited Georgia in 2025, while Georgian tourist arrivals in Uzbekistan reached 6,800...

Mirziyoyev, Putin to Mark Launch of Uzbekistan Nuclear Plant Project

Uzbek President Shavkat Mirziyoyev will travel to St. Petersburg on June 4-5 for talks with Russian President Vladimir Putin and a ceremony marking the launch of Uzbekistan’s first integrated nuclear power plant project. Mirziyoyev is also due to address the 29th St. Petersburg International Economic Forum, according to the Uzbek president’s press service. Russian presidential aide Yuri Ushakov said the two leaders would join the launch ceremony by video link before holding talks at the Konstantinovsky Palace on the evening of June 4. The project has become one of the main energy initiatives in Uzbek-Russian cooperation. According to Russian officials, the planned facility in the Jizzakh region will include two large-capacity power units as well as two smaller units with a capacity of 55 megawatts each. The launch ceremony is expected to involve senior international and industry officials. Ushakov said that Rafael Grossi, director general of the International Atomic Energy Agency, Alexey Likhachev, director general of Rosatom, and Azim Akhmedkhadzhaev, head of Uzbekistan’s Uzatom agency, will participate from the construction site. Following remarks by the two presidents and Grossi, Russian and Uzbek nuclear officials are expected to report on technical readiness for the first concrete pouring at the site, formally launching construction work. The Times of Central Asia previously reported that initial concrete works began at the Jizzakh site in March, when Uzatom and Rosatom signed documents moving the project into practical implementation.

Putin’s Astana Visit Shows What Russia Still Wants From Kazakhstan

The Eurasian Economic Union summit in Astana gave Vladimir Putin's state visit a wider stage. The summit produced technical documents and familiar language about integration. The bilateral Russia-Kazakhstan package around it was more concrete. It showed what Moscow still wants from Kazakhstan, and what Astana expects in return. The detail lies in infrastructure, where contracts can last for decades. The setting echoed history. Belarus, Kazakhstan, and Russia signed the treaty creating the Eurasian Economic Union in Astana on May 29, 2014, with Armenia joining in January 2015, and Kyrgyzstan in August of the same year. In 2026, the bloc returned to Astana for the Supreme Eurasian Economic Council and the V Eurasian Economic Forum. The theme of the forum was artificial intelligence, digital regulation, and the EAEU's place in the global technology race. Its website said 14 integration documents were signed on the sidelines, including memoranda, agreements, protocols, and joint action plans. Those documents gave the visit a regional frame. The larger result came on May 28, when Kassym-Jomart Tokayev and Putin oversaw a broad set of bilateral agreements. Akorda listed nuclear power, Russian export credit, expanded oil-sector cooperation, a tenge-ruble currency swap, education projects, financial monitoring, transport digitalization, and nuclear safety regulation. That package points to the real agenda: energy, transit, payments, industrial production, and public-facing alliance language. For Moscow, Kazakhstan’s primary value is geographic: it sits between Russia and China, and across routes that connect Central Asia to Europe, the Caspian, and South Asia. Russian crude already crosses Kazakhstan on the Priirtyshsk-Atasu-Alashankou route to China. A KazTransOil contract keeps transit at 10 million tons a year until the end of 2033. The tariff is $15 per ton, excluding VAT. The Atasu-Alashankou pipeline has a design capacity of 20 million tons a year and belongs to Kazakhstan-China Pipeline LLP, a 50-50 venture between KazTransOil and China National Oil and Gas Exploration and Development Company. Reuters has reported that Russia and Kazakhstan agreed last year to raise that flow by 2.5 million tons, although the extra volume had not started flowing before Putin’s visit. The new agreement on oil-sector cooperation gives the issue a political push. For Moscow, the route strengthens access to China as Western sanctions keep pressure on Russian exports and payments. For Kazakhstan, it brings fees and gives Astana a useful position in Russia-China energy flows. The nuclear agreement, meanwhile, gives Russia a long-term role in Kazakhstan’s shift to nuclear power. Kazakhstan and Russia signed a $16.5 billion agreement for the Balkhash nuclear power plant at Ulken, near Lake Balkhash. The project covers two VVER-1200 III+ reactors. Kazakhstan held a groundbreaking ceremony for the plant in August 2025, with the active construction phase expected to begin in 2027, and the first reactor expected in early 2034. Russia will provide export credit for the first plant, with Rosatom leading the Balkhash project after competition with China National Nuclear Corporation (CNNC), France’s EDF, and Korea Hydro and Nuclear Power. But Kazakhstan has not handed the wider program to Moscow....

EAEU Leaders Meet in Astana Amid Growing Internal Trade Disputes

Astana is hosting Eurasian Economic Union events on May 28-29, with leaders arriving on Thursday and the main meeting of the Supreme Eurasian Economic Council scheduled for Friday, May 29. The first part of Thursday was dominated by President Kassym-Jomart Tokayev’s meeting with Russian President Vladimir Putin and his delegation during Putin’s state visit to Kazakhstan. At the Palace of Independence, Tokayev and Putin introduced their official delegations to each other during the Russian president’s state visit, while Russian presidential aide Yury Ushakov said the Supreme Eurasian Economic Council meeting would begin on Friday morning in narrow and expanded formats. The Supreme Eurasian Economic Council is the highest body of the Eurasian Economic Union, which came into force on January 1, 2015. Now more than a decade old, the bloc is facing deepening internal contradictions driven largely by external economic pressure on Russia, the Union’s core member. Some of those tensions are linked to the bloc’s expansion beyond its original Russia-Belarus-Kazakhstan core. To understand the current state of Eurasian integration, it is necessary to revisit its origins, particularly the role played by Kazakhstan and its first president, Nursultan Nazarbayev, who had sought to preserve a looser union among the Soviet republics as the USSR collapsed. As prime minister and later president of the Kazakh SSR, Nazarbayev understood the economic consequences that would follow the collapse of the integrated Soviet economic system, and how deeply Kazakhstan remained tied to Soviet-era supply chains, infrastructure, and decision-making structures centered in Moscow. Nazarbayev first publicly proposed the idea of Eurasian integration in 1994 during a lecture at Moscow State University. At the time, however, the administration of Russian President Boris Yeltsin showed little interest in the concept. That changed after Vladimir Putin came to power. In 2001, the Eurasian Economic Community, known as EurAsEC, was established, bringing together Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan. The founding agreement had been signed in Astana in October 2000. Uzbekistan joined EurAsEC in 2006, but suspended its membership only two years later. Meanwhile, Russia, Belarus, and Kazakhstan launched work in 2007 on creating a Customs Union, which officially came into existence in 2010. In the autumn of 2011, Putin announced plans to establish a Eurasian Economic Union based on a future Single Economic Space. Two years later, Nazarbayev proposed dissolving EurAsEC in connection with the planned creation of the EAEU by Russia, Kazakhstan, and Belarus. Kyrgyzstan, Tajikistan, and Armenia were invited to join the Customs Union. However, by 2014, when the treaty establishing the EAEU and dissolving EurAsEC was signed, neither Armenia nor Kyrgyzstan had initially been central to the Eurasian project. At that stage, much of the discussion revolved around the possible accession of Ukraine. Russian political commentator and current State Duma deputy Anatoly Wasserman devoted several books to the idea of integrating Ukraine into the Russia-Belarus-Kazakhstan project, including Ukraine and the Rest of Russia. Wasserman argued that Russia, Belarus, Kazakhstan, and Ukraine needed to move away from a raw-materials-based economic model by creating a unified market...

Putin Visit Puts Nuclear Power and Oil Transit at Center of Russia-Kazakhstan Ties

Russian President Vladimir Putin’s state visit to Kazakhstan is becoming more than a diplomatic event. It is increasingly being seen as a demonstration of how Russia and Kazakhstan are shaping one of Eurasia’s key energy and logistics axes amid the restructuring of global markets, sanctions pressure, and the continued shift of economic flows toward Asia. Symbolically, ahead of the visit, Putin published a programmatic article in Kazakh media titled “Russia-Kazakhstan: An Alliance at the Heart of Eurasia,” in which he outlined a new framework for bilateral relations. The Russian president focused on nuclear energy, oil and gas cooperation, transport corridors, and Eurasian integration, describing the partnership between the two countries as a factor of stability and development for the wider continent. For Moscow, the current visit carries particular significance. It is Putin’s second state visit to Kazakhstan during a single presidential term. A rare occurrence in international diplomatic practice. Kremlin aide Yuri Ushakov said the move was intended to emphasize the “unprecedentedly high level of relations between our two countries.” The main outcome of the talks is expected to be the signing of agreements related to the construction of Kazakhstan’s first nuclear power plant with the participation of Russia’s state nuclear corporation, Rosatom. According to Ushakov, the two sides are expected to finalize “the main parameters for the creation of the nuclear power plant and financing of the project through a Russian state export credit.” For Kazakhstan, the nuclear project is about far more than electricity generation. The country faces growing domestic power demand, aging infrastructure, and the need to ensure long-term energy security. At the same time, the project reflects a broader geopolitical calculation. Nuclear energy has traditionally been one of the most sensitive forms of strategic cooperation. A country building a nuclear power plant enters into a long-term technological partnership involving fuel supplies, engineering maintenance, personnel training, and technical support lasting for decades. Russia’s role in constructing Kazakhstan’s first nuclear power plant would therefore allow Moscow to preserve a deep technological presence in Central Asia despite its growing international isolation. For Astana, however, cooperation with Russia in the nuclear sector remains a pragmatic choice rather than a purely political one. Kazakhstan is the world’s largest producer of uranium, yet it still lacks its own nuclear power generation sector. Amid intensifying competition between global power centers, Kazakhstan appears less interested in choosing sides than in strengthening its resilience and turning its geography into a strategic advantage. The same logic is evident in the oil and gas agenda surrounding Putin’s visit. Moscow and Astana are discussing increasing the transit of Russian oil to China through the Atasu-Alashankou pipeline from 10 million to 12.5 million tons annually. Ushakov said prospects for the negotiations were “optimistic” and noted that the legal framework for the agreements was already in its final stages. According to KazTransOil, approximately 832,000 tons of Russian oil were transported to China through the route in April alone, while first-quarter transit volumes reached 2.5 million tons. Kazakhstan’s dependence on Russian...