• KZT/USD = 0.00210
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00210
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00210
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00210
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00210
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00210
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00210
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00210
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850

Viewing results 1 - 6 of 14

Rubio Hosts Critical Minerals Meeting; Central Asia Is Key to U.S. Vision

The United States welcomed delegations from dozens of countries to a meeting in Washington, D.C. on Wednesday that was aimed at strengthening and diversifying supply chains for critical minerals. With large reserves of these minerals, Central Asia is emerging as a key player in U.S. plans to secure components deemed necessary for advances in technology, economic development, and national security. "I don’t need to explain to anybody here that critical minerals are vital to the devices that we use every single day,” U.S. Secretary of State Marco Rubio said in his opening remarks at the minister-level conference. “They power our infrastructure, our industry, and our national defense… Our goal is to have a global market that's secure, a global supply that's enduring and is available to everyone, every nation, at an affordable price.” U.S. Vice President JD Vance also spoke at the event, saying the United States wants to form a trading bloc among allies and partners that expands production of critical minerals in an environment of stable prices and supply chains immune from disruption. “By regulating imports to preserve free and fair competition within the preferential trading zone, we will elevate our nation’s miners and refiners, our investors and producers alike,” Vance said. “We are all on the same team, and we need to create the economic incentives that reward people for investing and building in our countries.” The United States is seeking to counter China’s dominance of the critical minerals market. China is a key trading partner for Central Asia, whose countries aim to diversify their relationships among the major powers. Foreign Minister Yermek Kosherbayev of Kazakhstan was among those slated to attend the critical minerals conference in the United States. The visit follows intensifying discussions involving the United States and Central Asian countries on how to develop trade and investment. On Wednesday, business leaders and government officials from Central Asia and the United States gathered in Kyrgyzstan’s capital, Bishkek, for the start of the second B5+1 Business Forum.   Explore our critical minerals special coverage for a timeline of Central Asia’s growing place in U.S. supply-chain strategy.

B5+1 Forum Opens as U.S. Companies Expand Economic Footprint in Central Asia

Business leaders and government officials from Central Asia and the United States gathered in Kyrgyzstan’s capital on February 4 for the start of the second B5+1 Business Forum. Co-organized by the Kyrgyz government and the Center for International Private Enterprise (CIPE), the event is intended to bring together private companies, business associations, officials, and experts interested in expanding U.S.–Central Asia commercial ties. More than 50 U.S. companies are participating in the event. The B5+1 is the business-track counterpart to the C5+1 diplomatic format that links the United States with Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. The B5+1 brings companies and policymakers together to identify barriers to investment and propose cross-border regulatory changes. This week’s meeting in Bishkek follows the inaugural B5+1 forum held in Almaty on March 14–15, 2024, which drew more than 250 stakeholders from across Central Asia and the United States. It produced 21 private-sector recommendations aimed at easing trade, improving regulations, and building regional economic integration. The Bishkek agenda is built around reviewing progress on those recommendations and setting priorities for the next phase of work. Central Asian officials have used the event to signal interest in region-wide coordination rather than country-by-country deals. In comments made in Bishkek, Kazakhstan’s Minister of Industry and Construction, Ersaiyn Nagaspaev, emphasized that foreign investors increasingly assess Central Asia as a single market, reflecting a push to align regulations and investment conditions across borders. Nagaspaev noted that more than 600 U.S. companies currently operate in Kazakhstan. Kyrgyzstan, meanwhile, used the forum to highlight domestic economic performance within that regional context. In a speech at the forum, Kyrgyzstan’s First Deputy Chairman of the Cabinet of Ministers, Daniyar Amangeldiev, said Kyrgyzstan’s economy grew by 11.1% in 2025, which he described as one of the highest growth rates in the region. Addressing the forum, U.S. Special Envoy for South and Central Asia Sergio Gor stated that the United States intends to expand its economic engagement with Central Asia. “The private sector, not intergovernmental agreements, will become the key instrument of interaction," he told those in attendance, identifying electronic commerce, artificial intelligence, critical minerals, agriculture, and transport infrastructure as priority areas. Gor noted that the American companies present at the forum represent the largest and most comprehensive U.S. commercial delegation ever to visit Central Asia. The U.S. recognizes the importance of Central Asia in global trade and connectivity, he stated. "The United States is open for business. We're open for peace. We're opening to strengthen our ties around the world. So that’s why it's fitting that the first C5 event in 2026 is this B5 + 1 forum,” Gor said, linking the Bishkek discussions to economic commitments made at the C5+1 summit in Washington in November 2025. “The Transport Corridor for Peace and Prosperity will provide reliable connectivity from Central Asia through the South Caucasus to global markets,” Gor said. “This is a historic opportunity to strengthen economic integration and long-term prosperity across the region.” During his visit to Bishkek, Gor also met with Kyrgyz President...