• KGS/USD = 0.01156 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09392 -0.42%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01156 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09392 -0.42%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01156 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09392 -0.42%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01156 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09392 -0.42%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01156 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09392 -0.42%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01156 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09392 -0.42%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01156 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09392 -0.42%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01156 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09392 -0.42%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
25 November 2024

Viewing results 1 - 6 of 210

EEU railways are a strong link in trans-Eurasian transit — report

BISHKEK (TCA) — In the long term, the growth of container traffic along the China – Eurasian Economic Union (EEU) – EU route will be constrained by a range of non-tariff barriers, as well as the risk that Chinese provinces will discontinue export container traffic subsidies. One of the most critical infrastructure restrictions is the insufficient transport capacity of Polish railways, including crossing points at Belarus-Poland border, according to findings of the Eurasian Development Bank’s Centre for Integration Studies’ report titled Belt and Road Transport Corridors: Barriers and Investments. Continue reading

Kazakhstan and China provinces cooperate in rail container transportation

ASTANA (TCA) — Kanat Alpysbaev, the head of Kazakhstan’s national railways company Kazakhstan Temir Zholy (KTZ), has held a series of meetings in Shanghai with representatives of logistic platforms in the Chinese provinces of Zhejiang (Yiwu), Hunan (Changsha), Jiangsu (Lianyungang), Shaanxi (Xian), Sichuan (Chengdu), Henan (Zhengzhou ) and Chongqing, as well as one of the largest global container operators — COSCO Shipping Lines, to discuss future cooperation on a number of projects, KTZ’s press office reported. Continue reading

Turkmenistan’s new Turkmenbashi international seaport another link in expanding Eurasian trade

ASHGABAT (TCA) — Turkmenistan’s new Caspian Sea port will give its landlocked neighbors — Afghanistan, Uzbekistan, and Kyrgyzstan — a vital maritime transport link to Western markets. We are republishing this article on the issue, written by John C. K. Daly, originally published by The Jamestown Foundation’s Eurasia Daily Monitor: Turkmenistan’s President Gurbanguly Berdimuhamedov visited the Caspian shore, on May 2, to inaugurate the Turkmenbashi International Seaport. The new $1.5 billion facility, Berdimuhamedov told attendees, is important not only for Turkmenistan but the wider region as well. It promises to become an important link in the formation of a modern system of maritime transport across the Caspian. He added that his government is offering use of the port to neighboring countries, including the other Central Asian republics (Regnum, May 3). Designs for the port’s expansion were drawn up five years ago, before record-low prices for natural gas decimated Turkmenistan’s primary source of export revenue. According to the Ministry of Foreign Affairs, construction of the Turkmenbashi International Seaport began in August 2013. The new port covers an area of about 375 acres and includes ferry, passenger and cargo terminals, with 1.1 miles of berths designed to serve 17 vessels at once (Mir24, May 2). The Turkmenbashi International Seaport’s projected throughput capacity is considerable: the government states that the new facility will be able to service 300,000 passengers, 75,000 trailer trucks, and 400,000 twenty-foot equivalent unit (TEU) containers a year (Mfa.gov.tm, May 2). The projected annual total throughput capacity of the new port is 17–18 million tons of cargo; the ship-to-shore berths (STS) will operate with a capacity of 25 TEUs per hour (Turkmenportal.com, May 3). Another important component in the expanded Turkmenbashi port is the “Balkan” shipbuilding and ship-repair plant. The enterprise, built by the Turkish company Gap Inşat, under a May 2014 contract with the Turkmenistan State Service of Sea and River Transport, has the capacity to process 12,000 tons of steel per year. The facility will be able to construct 4–6 vessels annually while providing maintenance facilities for another 20–30 ships per year, allowing for repair works to be carried out on civilian vessels such as tankers, dry cargo vessels and tugboats (Arzuw News, May 3). In addition, Turkmenbashi, formerly Krasnovodsk, is the home port of the modest Turkmenistani Navy (Military-az.com, July 27, 2012). The Turkmenbashi International Seaport’s potential is already being recognized across the Caspian region. Speaking at Turkmenistan’s “Great Silk Road—To New Development Milestones” international forum, held to commemorate the port’s opening, Russian Astrakhan region Governor Aleksandr Zhilkin told participants, “The port opening in Turkmenbashi will also work in the interests of the Astrakhan region,” referring to the resumption in the near future of shipping between Turkmenbashi and Russia’s Caspian port of Olya. Zhilkin added that Astrakhan “has been developing closer relations with all the countries of the Caspian region for a long time, and with Turkmenistan in particular” (Kaspyinfo.ru, May 3). Kyrgyzstan, the easternmost of the former Soviet Central Asian states, has also expressed interest in...

China’s Belt and Road Initiative: relieving landlocked Central Asia

BISHKEK (TCA) — For Central Asia, China's Belt and Road Initiative is an opportunity to transform from a landlocked to a transit region, and thus receive a new impulse for its economic development. We are republishing this article on the issue, written by Avinoam Idan*, originally published by the CACI Analyst: Continue reading

Central Asia: CAREC and BRI seek broader collaboration

BISHKEK (TCA) — Central Asia Regional Economic Cooperation (CAREC) member countries can capitalize on new regional and international development dynamics, including the Belt and Road Initiative (BRI), to strengthen regional infrastructure, boost trade, and reduce poverty, according to participants at a high-level Asian Development Bank (ADB) seminar held in Manila on May 3. Continue reading

Energy, transportation dominate Turkmenistan president’s visit to Tashkent

TASHKENT (TCA) — In terms of cooperation in energy, transportation and transit spheres, Turkmenistan and Uzbekistan are perhaps the most interdependent countries in Central Asia. We are republishing this article on the issue by Umida Hashimova, originally published by The Jamestown Foundation’s Eurasia Daily Monitor: Uzbekistani President Shavkat Mirziyoyev’s first foreign trip, in March 2017, nearly seven months after coming to power, took him to Turkmenistan. The salient point of the visit was the opening of a mile-long rail-and-car bridge connecting both countries over the Amudarya river and the signing of a strategic agreement, one of only two Uzbekistan ever signed with its Central Asian neighbors (President.uz, March 7, 2017; Gazeta.uz, March 6, 2017). Mirziyoyev visited Turkmenistan two more times following his first visit. And on April 23–24, 2018, a little more than a year since the first official bilateral summit, he hosted President of Turkmenistan Gurbanguly Berdimuhamedov in Uzbekistan. The latest meeting between both leaders did not deliver the same political and economic milestones as the first. Nevertheless, the abundance of cultural events tailored for President Berdimuhamedov seemingly made him the most culturally entertained foreign leader to ever visit Uzbekistan (President.uz, April 24; BBC News—Uzbek service, April 23). Talks on trade and transportation dominated the official part of the meeting. The two sides underlined that bilateral trade reached $177.3 million in 2017 and set a target of tripling this amount by 2020. Already in the first quarter of 2018, trade turnover increased by 55 percent year-on-year (Gazeta.uz, April 25; Kun.uz, April 24). Additionally, within the framework of the official visit, business leaders of both countries met at special events and signed agreements cumulatively worth $250 million (Gazeta.uz, April 25). During Berdimuhamedov’s visit, the government of Uzbekistan reconfirmed its participation in the Turkmenistan–Afghanistan–Pakistan–India (TAPI) natural gas pipeline project (Kun.uz, April 24). Tashkent first expressed its desire to partner with Turkmenistan on the project in the middle of 2017, when Mirziyoyev paid a follow-up meeting to Turkmenistan (Kun.uz, May 22, 2017). In turn, Turkmenistan offered Uzbekistan use of its territory to access Middle Eastern and European markets via the planned Uzbekistan–Turkmenistan–Iran–Oman and Uzbekistan–Turkmenistan–Caspian Sea transportation corridors (Kun.uz, April 24; Uzbekistan 24 TV, April 23). For Uzbekistan’s government, Turkmenistan indeed offers unique opportunities that no other bordering country can match. In particular, Turkmenistan (and transit through this state) can offer Uzbekistan’s growing industrial base quick access to world ports and markets (BBC News—Uzbek service, April 25). Tashkent is presently explicitly pursuing international transit corridors traversing Turkmenistan. And to this end, Berdimuhamedov expressed his support for the Uzbekistan–Turkmenistan–Iran–Oman corridor, which Uzbekistan’s government had focused on last year in its negotiations with Iran and Oman (Kun.uz, April 23, 2018; Gazeta.uz, April 20, 2017; UzA, March 14, 2017). Neutral Turkmenistan also offered to host Uzbekistani-led negotiations among rival belligerent Afghan factions (Kun.uz, April 23). Uzbekistan’s recent attempt to hold peace talks in its capital between Afghans and world leaders was the latest example of Tashkent’s endeavors to influence the situation in the bordering country (UzA,...