• KGS/USD = 0.01145 -0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09341 0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01145 -0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09341 0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01145 -0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09341 0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01145 -0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09341 0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01145 -0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09341 0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01145 -0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09341 0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01145 -0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09341 0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01145 -0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09341 0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
24 April 2025

Viewing results 1 - 6 of 23

Kazakhstan Takes the Initiative: Delegation Planning to Head to U.S. to Tackle Trump Tariffs

Deputy Minister of Trade and Integration Zhanel Kushukova has announced Kazakhstan's decision to send a high-level delegation to the United States for consultations on import duties, marking a proactive step to address trade challenges and strengthen economic ties. This move comes amid heightened tensions in global trade after sweeping tariffs were unveiled by U.S. President Donald Trump, including a significant 27% duty on Kazakh goods. The delegation aims to foster dialogue on reducing trade barriers, advocate for the equitable treatment of exports, and explore exceptions for certain goods. No date has been set for the visit yet. The decision demonstrates Kazakhstan's commitment to bolstering its position as a key player in international trade. The targeted discussion will focus on sensitive issues, including tariffs impacting industries such as crude oil, uranium, silver, and ferroalloys, which, as noted by the Ministry of Trade and Integration, “constitute 92% of total exports.” As previously reported by The Times of Central Asia, while these goods might qualify for exemptions under U.S. regulations, the higher tariff symbolizes a broader challenge for Kazakhstan in its response to navigating the evolving trade landscape. Context of Trump's Tariff Policy The 27% tariff imposed on Kazakhstan stands out as by far the highest targeting Central Asia, where neighboring Uzbekistan, Turkmenistan, Tajikistan, and Kyrgyzstan will face a 10% baseline duty. Billed as addressing trade imbalances and protecting U.S. industries – though the methodology behind the administration’s calculations has baffled many analysts - Trump's tariff regime has introduced a layered system targeting a raft of nations. While China has been hit hardest, with seemingly ever-increasing duties now standing at a dizzying 145%, even smaller economies such as impoverished Cambodia (49%) and Laos (48%) have been caught in the crossfire, raising concerns about disproportionate impacts on developing nations. While Trump stepped back from the brink on April 9, announcing a 90 day pause for the majority of countries before doubling down on China, companies such as Apple - the world’s most valuable publicly listed company – had already experienced a fall in market capitalization of more than $300 billion on the day after the policy was announced, its’ worst single-day drop since 2020. Amidst a slump in markets globally, meanwhile, U.S. Federal Reserve chair, Jerome Powell, has warned that Trump’s tariffs will hit the U.S. economy and lead to rising prices. Economists have noted the potential ripple effects of tariffs on global markets, with fears of supply chain disruptions and stagflation growing. For Kazakhstan, a resource-rich economy striving to diversify beyond its traditional oil and mining industries, the heightened duties could dampen its exports while complicating efforts to attract foreign investment. However, analysts such as Rasul Rysmambetov have argued that Kazakhstan’s relatively small share in global trade may shield it from significant fallout, with the tariff largely “symbolic” in nature. Opportunities Amid Challenges Despite these challenges, Kazakhstan is attempting to leverage the situation to advance its diplomatic and economic strategies, with the country’s Ministry of Trade and Integration working to secure specific exemptions...

U.S. Cancels $2.5 Million Civic Engagement Grant for Uzbekistan

The U.S. State Department has canceled a $2.5 million grant intended to support civic engagement programs in Uzbekistan. The decision comes as part of a broader review of foreign aid expenditures initiated by U.S. Senator Marco Rubio and the Department of Government Efficiency. The Uzbekistan program was one of 139 foreign aid grants, totaling $215 million, that were recently scrapped. Other canceled initiatives include $5.2 million for a media diversity project in the United Kingdom, $2 million for newsroom sustainability efforts in Moldova, and nearly $1 million for women’s organizations in Mauritania. Additional cuts affected projects focused on disinformation, media freedom, and gender equity in Europe, Brazil, and North Africa. Continued U.S.-Uzbekistan Engagement Despite the funding cut, bilateral ties between the United States and Uzbekistan continue to strengthen. A draft of Uzbekistan’s 2025 government program, currently open for public discussion, outlines plans to deepen cooperation with Washington. These include a proposed high-level visit to the U.S. and the inaugural round of the Enhanced Strategic Partnership Dialogue, scheduled to take place in Tashkent. In March 2025, Uzbekistan's Ambassador to the U.S., Furkat Sidikov, also hosted a Congressional Breakfast, which focused on trade, investment, and U.S.-Uzbekistan relations. Over 300 American companies are currently operating in Uzbekistan Uzbekistan recently hosted the first EU-Central Asia summit in Samarkand, though the prospects of a U.S.-Central Asia C5+1 summit in 2025 remain uncertain. Daniel Runde, a senior official at the Center for Strategic and International Studies, has emphasized the importance of a strong U.S.-Uzbek partnership. Runde noted that Uzbekistan plays a critical role in maintaining stability in Central Asia and in balancing the regional influence of Russia and China.

A New Great Game: Multipolar Competition in Central Asia

At a time when the European Union, China, and Turkey are seeking to strengthen their presence in Central Asia, the United States administration is consumed with bilaterally implementing a seismic shift in its trade policy with the entire world. Although this region of post-Soviet space is widely seen as a new front of rivalry between Washington and Beijing, in many aspects, American influence in Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, and Turkmenistan lags far behind that of other actors. Culture (soft power) has always played an important role in the foreign policy of every great power. The Soviet Union was no exception. As a result, even today, Russian, rather than English, is still the lingua franca in Central Asia, although Moscow, following its invasion of Ukraine, has had a hard time preserving remnants of its former dominance in the region. Russian cinema, however, maintains a notable presence in most, if not all, Central Asian states. While Hollywood movies have a strong global presence, Russian films in Central Asia often act as a link between Western content and the region's cultural traditions. Millions of Central Asian migrants working in Russia also serve as a bridge between their nations and the Russian Federation, facilitating cultural exchange, economic ties, and the spread of the Russian language. However, Russia’s fiasco in Ukraine has created space for the EU to assert its influence in a region that has traditionally been in Moscow’s geopolitical orbit. Nevertheless, although Kazakhstan, Kyrgyzstan, are Tajikistan are members of the Russian-led Collective Security Treaty Organization, they have remained neutral in the Ukraine conflict. For Central Asian nations, the EU serves as a counterweight they can use to balance their relations with Moscow. The EU, however, faces strong economic competition from China. With a trade volume of $94.8 billion with Central Asian states, Beijing is positioning itself as the major economic power operating in the five regional nations. Although the European Union’s influence in Central Asia is expected to continue to grow in the coming years, if investment trends from recent years persist, the balance in the region will likely tilt towards China, which will increase its presence and influence at the expense of Russia. But where does the United States fit into this dynamic? Even though the U.S. is the largest economy in the world, with which almost everyone wants to engage, American bilateral trade with the region has never been particularly strong, with the exception of Kazakhstan. Interestingly enough, it is Astana that is expected to suffer the most among Central Asian actors due to U.S. President Donald Trump’s decision to impose tariffs – 27% on Kazakhstan compared to 10% on all other nations in the region. Exceptions may be made for Kazakhstan’s critical minerals, however, which are now the third largest in the world based on a recent discovery, with reports suggesting that some goods, including “certain minerals that are not available in the United States,” as well as energy, will not be subject to the tariffs. According to Kazakhstan’s Ministry...

Trump’s Tariff Blitz Targets Global Imports, Kazakhstan Faces Harshest Impact in Central Asia

U.S. President Donald Trump has announced sweeping new tariffs on all goods imported into the United States, citing the need to protect American industry and jobs. Speaking at a White House press conference, Trump outlined a base tariff rate of 10% that will apply to 185 countries. However, several nations and blocs face significantly higher rates: China will see a 34% tariff, the European Union 20%, Switzerland 31%, and Israel 17%. The steepest tariffs were imposed on Vietnam (46%), Cambodia (49%), and Laos (48%). Notably absent from the list are Russia, Belarus, Mexico, Iran, Canada, and Belarus. Ukraine, however, will face the base 10% rate. Kazakhstan Hit with 27% Tariff The new U.S. duties also target Central Asian nations. According to a comparative chart published by the White House, Uzbekistan, Turkmenistan, Tajikistan, and Kyrgyzstan will face 10% tariffs on their exports to the U.S. Meanwhile, Kazakhstani goods will be subject to a much higher rate of 27%. The White House document notes that Kazakhstani imports currently face a 54% tariff in Kazakhstan, figures that surprised local analysts, who have questioned the methodology behind the calculations. The rationale for the elevated rate on Kazakhstan remains unclear. However, the country's Ministry of Trade and Integration has initiated consultations with his U.S. counterparts to explore options for exempting certain goods. According to a preliminary analysis, many of Kazakhstan’s key exports fall under exceptions outlined in U.S. regulations. “In 2024, trade turnover between Kazakhstan and the United States amounted to $4.2 billion,” the ministry stated. “Kazakhstan's primary exports to the U.S. - crude oil, uranium, silver, and ferroalloys - constitute 92% of total exports and are included in the exemption list under the U.S. President’s decree on reciprocal tariffs.” Turning Tariffs Into Opportunities Despite the steep new tariffs, some experts believe the impact on Kazakhstan will be limited. Financial analyst Rasul Rysmambetov argues that Kazakhstan’s marginal role in global trade dynamics shields it from major economic fallout. “The real battle is between the U.S. and the world’s largest economies, China and the EU,” Rysmambetov wrote on his Telegram channel. “Our trade with the U.S. accounts for less than 1% of Kazakhstan’s total foreign trade. Even with a 27% tariff, the effect will be negligible.” Rysmambetov noted that Kazakhstan exported over $2 billion worth of goods to the U.S. in 2024, while imports totaled $1 billion, maintaining a trade surplus for the tenth consecutive year. “We’re on the tariff list, but it’s mostly symbolic,” he added, emphasizing that Kazakhstan’s exports largely consist of strategic materials. Rysmambetov also sees potential upsides: countries facing new duties may seek alternative markets, possibly offering Kazakhstan better terms on imports such as equipment, metals, vehicles, and construction materials. “Global trade tensions can open windows of opportunity, for strategic borrowing, better equipment deals, and expanded exports. But quick action is key,” he concluded. International Backlash The U.S. move drew swift condemnation from European Commission President Ursula von der Leyen, who called the policy a “severe blow to the global economy.” “Uncertainty will...

Kazakhstan Faces Big U.S. Tariffs, but Minerals Could be Exempted

Kazakhstan will be hit with the largest U.S. tariffs among Central Asian states after President Donald Trump announced duties on goods from global trading partners, vowing to end what he calls unfair treatment of the United States even as concerns grow that a vast trade war carries grave risks for economies around the world. According to a White House list released on Wednesday, Kazakhstan charges 54% tariffs on American goods and its own products will therefore be subject to duties of 27% when they arrive in the United States. A minimum baseline of 10% tariffs will also be applied to goods from Kyrgyzstan, Uzbekistan, Tajikistan, and Turkmenistan. However, Kazakhstan has large reserves of minerals that could have applications in energy and other industries and might be exempted under terms of the Trump administration’s plan. The measure against Kazakhstan reflects what the White House calls “an individualized reciprocal higher tariff” on countries with which the United States has its biggest trade deficits. The U.S. says its tariffs on nations around the world, which are to take effect in the coming days, can be increased if trading partners retaliate or can go down if those partners collaborate with Washington on economic and security matters. The fallout from the Trump administration’s move remains to be seen, with many economists and other analysts warning that falling markets and the threat of higher prices, including in the United States, are a sign of the economic upheaval to come. But a possible loophole for some Central Asian countries lies in the U.S. statement that some goods will not be subject to the tariffs. They include copper, pharmaceuticals, semiconductors, lumber, bullion, and “energy and other certain minerals that are not available in the United States.” Kazakhstan said this week that it had discovered a huge rare earth metals deposit in the central region of Karaganda. By some estimates, the deposit could contain roughly 20 million tons of the coveted materials and is among the larger of more than a dozen similar deposits found in the country. “The identified rare earth deposits and promising areas, if further confirmed, could position Kazakhstan as a global leader in rare earth element reserves and enable the rapid development of a high-tech rare earth metals industry,” the Ministry of Industry and Construction said, according to the Orda news organization. Those natural resources are of interest to the United States. On March 12, U.S. Secretary of State Marco Rubio spoke with Kazakh Foreign Minister Murat Nurtleu and the U.S. “looks forward to working with Kazakhstan to deepen economic ties in the energy, telecommunications, and critical minerals sectors,” the U.S. State Department said. U.S. tariffs and Central Asian resources are also likely to be discussed at a meeting of regional and European Union leaders in Samarkand, Uzbekistan, on Friday. The EU is seeking to expand trade ties with Central Asia as its longtime alliance with the United States unravels over trade and security matters. More on this breaking story will follow.

Exposing the Cracks: Asem Tokayeva on the Decline of RFE/RL and Central Asia’s Media Future

Speaking to The Times of Central Asia, Asem Tokayeva, a seasoned journalist with years of experience at Radio Azattyq - Radio Free Europe/Radio Liberty, offers a compelling critique of RFE/RL's challenges, from internal corruption allegations to its declining relevance in Central Asia's evolving media landscape. Tokayeva started her career with Express K and other publications in Astana before joining Radio Azattyq as a freelancer in 2004 and contributing to the groundbreaking Russian-language program, Паровоз ("locomotive"). In 2008, she played a pivotal role in launching Radio Azattyq’s Russian-language website, a platform recognized for tackling sensitive issues and fostering free discussion. Her work contributed to the site's recognition by the Online News Association in 2009 for "Protecting Citizens' Rights to Information." After nearly 14 years at Azattyq, including over seven at its Prague office, Tokayeva left in late 2017 to further her academic pursuits, earning a Master's degree from Charles University in Prague, where her dissertation focused on Media Framing: Transformation of Nursultan Nazarbayev's Image in the U.S. Media. TCA: How do you feel about the funding cuts to the U.S. Agency for Global Media (USAGM), which oversees projects like RFE/RL and Voice of America? I have always advocated for the reform of Radio Free Europe/Radio Liberty, and now the new U.S. administration has simply cut its funding in one fell swoop. However, I don't see this as just Trump's whim. The work of this media outlet had long been criticized in Washington, and not only during his tenure. During Barack Obama’s and Joe Biden’s presidencies, American media published investigations into abuses, including the infiltration of pro-Kremlin agents, within international broadcasting corporations funded through USAGM. When Hillary Clinton was Secretary of State, she called the entire U.S. international broadcasting structure, which includes Radio Azattyq, "practically defunct." Even during Bill Clinton’s presidency, there were serious discussions in Washington about shutting down these radio stations, as they were considered outdated following the collapse of the USSR and the end of the Cold War. By the 1990s, it was already difficult to claim that Radio Liberty was the sole source of alternative information. During the August 1991 coup in Moscow, other radio stations provided more timely and comprehensive field reports. For instance, Echo of Moscow became one of the most listened-to stations at the time. Today's media landscape has different challenges, such as media literacy and combating fake news, rather than a shortage of news organizations. While the mission and goals of Radio Liberty have renewed significance, given the persistence of authoritarianism in many former Soviet countries, the U.S. administration no longer sees value in its international broadcasting system. They simply decided to shut down another bloated bureaucratic structure, one that had also been plagued by corruption. For example, its parent agency had been overpaying exorbitant amounts for office space in downtown Washington D.C. for 15 years. Radio Azattyq destroyed its uniqueness when it completely shut down shortwave broadcasting in 2012 at the insistence of its then-editor, Yedige Magauin. Yet, in 2011, during the protests...