• KGS/USD = 0.01152 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09146 -2.56%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09146 -2.56%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09146 -2.56%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09146 -2.56%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09146 -2.56%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09146 -2.56%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09146 -2.56%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00190 0%
  • TJS/USD = 0.09146 -2.56%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
02 December 2024

Viewing results 1 - 6 of 256

U.S. Ready to Participate in Construction of Nuclear Power Plant in Kazakhstan

The U.S. has expressed its willingness to participate in constructing a nuclear power plant (NPP) in Kazakhstan. Senior Vice President of the U.S. Chamber of Commerce Khush Choksi made this statement during the visit of the U.S. business delegation to Almaty, Informburo.kz reports. “The U.S. has the best technologies for nuclear power plants. And we hope there will be an open tender, allowing American companies to participate,” said Choksi, answering journalists' questions. As The Times of Central Asia previously reported, the referendum on nuclear power in Kazakhstan was held on October 6. According to preliminary data, 71.12% of Kazakhstanis voted to build a nuclear power plant, but the official results have yet to be announced. Potential participants in constructing the nuclear power plant are also being discussed. Russia, China, France, South Korea, and France are among the countries that are considered suppliers of technologies for NPP construction. These states have proposed their projects, and the Kazakhstani authorities are considering them. It is expected that the winner may be an international consortium, and the final decision will be made based on technical and financial conditions. The preliminary cost of one NPP unit is estimated at $5 billion.

United States Supports Uzbekistan’s Methane Reduction Efforts

The U.S. Embassy in Uzbekistan reports that a joint project between GasGreen Asia LLC, a subsidiary of Maryland-based Climate Compass, and Uzbekistan’s national gas distribution company, Hududgazta’minot JSC, has been engaged in detecting and repairing natural gas leaks within the country’s national gas distribution system. This project contributes to the country’s green economy transition and commitments under the Global Methane Pledge. Climate Compass, LLC is a world leader in providing logistical and technical services for greenhouse gas emissions reduction projects. A Korean carbon finance company, Ecoeye Co., Ltd., is the principal investor of the project, which began in March 2023. Since the project’s inception, over 50,000 individual methane leaks have been identified, measured, and repaired, reducing over seven million tons of carbon dioxide equivalent emissions per year. The project has created more than 200 local jobs, including engineers, data specialists, and project managers, who received intensive training from American technical experts. The repairs have generated tens of millions of dollars in savings for Hududgazta’minot by preventing gas losses and contributing to significant environmental benefits. At the September 24 event highlighting the project’s significant achievements, U.S. Ambassador to Uzbekistan Jonathan Henick said: “The United States welcomes Uzbekistan’s commitment to a broad-based transition to a green economy. This project supports Uzbekistan’s efforts to attract foreign direct investment while reducing greenhouse gas emissions.” According to Henick, the United States strongly supported Uzbekistan’s decision to join the Global Methane Pledge in 2022, an initiative to reduce methane emissions worldwide. Methane reduction is critical to Uzbekistan’s efforts to meet its nationally determined contributions under the Paris Agreement on Climate Change. According to the United Nations Environment Program, methane emissions have accounted for approximately 30 percent of global warming and are an increasingly growing challenge. According to the “Methane in Central Asia: Emissions, Trends, Actions” report, Uzbekistan’s annual greenhouse gas (GHG) emissions remained largely stable and declined slightly over the past 15 years, ranging between 180 and 200 million tons of CO2-equivalent or 5 tons per person. The report says the country’s energy sector is responsible for 75–80 percent of GHG emissions, including 50 percent from fuel combustion and 25–30 percent from methane leaks in the coal, oil, and gas sectors, the equivalent of 50 million tons of CO2. Uzbekistan has successfully decoupled GHG emissions from economic growth and intends to reduce the specific GHG emissions per GDP by 35 percent by 2030 compared to the 2010 level.

Uzbekistan and U.S. to Strengthen Cooperation on Critical Minerals

On September 16, the U.S. Ambassador to Uzbekistan, Jonathan Henick, and Uzbekistan’s First Deputy Minister of Geology, Omonullo Nasritdinkhodjaev, signed a Memorandum of Understanding to strengthen cooperation on critical minerals. As reported by the U.S. Embassy in Uzbekistan, the signing took place ahead of the Uzbek government’s participation in MINExpo INTERNATIONAL, the mining industry’s largest global event, which will take place from September 24 to 26 in Las Vegas. At the C5+1 summit in New York in September 2023, U.S. President Joe Biden, Uzbek President Shavkat Mirziyoyev, and the leaders of Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan announced their intention to launch a Critical Minerals Dialogue. The Uzbek-U.S. Memorandum signifies the intention of the United States and Uzbekistan to advance this effort, strengthen economic cooperation, and catalyze investment that advances the clean energy transition while protecting Central Asia’s unique ecosystems. As critical minerals and rare earth elements are essential for clean energy and other technologies, and play an increasingly important role in the economies of both countries, the Embassy said that the United States is actively working to encourage private sector investment in Uzbekistan’s mining sector. It added that the memorandum further reflects both nations’ shared goal of ensuring high environmental, labor, and governance standards in the global mining sector. Ambassador Henick commented: “The United States and Uzbekistan must cooperate to have resilient, secure supply chains supporting the future energy landscape. This memorandum demonstrates our commitment to diversifying global mineral supply chains and expanding our bilateral trade relationship. We are delighted to mark another milestone in our expanding Strategic Partnership with Uzbekistan.” In April 2024, Uzbekistan and the European Union signed a Memorandum of Understanding launching a strategic partnership on critical raw materials (CRMs). Uzbekistan has the second-largest reserves of CRMs in Central Asia (after Kazakhstan), with significant deposits of copper, molybdenum, and gold. The country's mining strategy aligns with its ambitions to increase CRM processing of CRMs for domestic and international industries, particularly in automotive and consumer electronics.

American Educators to Teach English in Uzbekistan

Twenty English language teachers from the United States have arrived in Uzbekistan to begin teaching and professional development programs across the country. The U.S. Embassy in Tashkent reported that they will join local teachers to provide direct classroom instruction to students. The twenty American teachers will support English language teaching within ten different regions of Uzbekistan for the 2024-2025 academic year. According to the Embassy, these teachers are just part of the U.S. Government’s vast commitment to strengthening English language education in Uzbekistan, which includes training more than 18,000 English teachers nationwide. Since 2018, the U.S. Government has invested over $31.2 million in English language teaching and learning in Uzbekistan. The U.S. Embassy has partnered with the Ministry of Preschool and School Education and the Ministry of Higher Education, Science, and Innovations to support Uzbekistan’s education reforms and to ensure that graduates are equipped with the linguistic and professional skills needed to support Uzbekistan’s economy. Since 2019, 98 American English teachers have worked at 21 public schools and more than 30 universities across Uzbekistan.

U.S. Ambassador: America Supports Tajikistan’s Role in the Trans-Caspian Trade Route

The United States supports Tajikistan’s participation in the Trans-Caspian Trade Route project, connecting China with Europe through the Caspian Sea, Asia, and the Caucasus. U.S. Ambassador to Tajikistan Manuel Micaller spoke about this in an interview with Khovar.tj. “We continue to advocate for Tajikistan’s participation in the Trans-Caspian Trade Route, which will connect Central Asia with the Caucasus and European markets. Through the C5+1 diplomatic platform, which brings together the United States and our five Central Asian partners, we hope to facilitate closer cooperation with these partners and access to global markets,” Micaller noted. The Trans-Caspian Transport Route starts from Southeast Asia and China and runs through Kazakhstan, the Caspian Sea, Azerbaijan, Georgia, and further to European countries. It aims to facilitate trade and economic cooperation by connecting major economic regions through railways, highways, and maritime routes. Transit time along the Trans-Caspian Route has been reduced from 38-53 days to 18-23 days. In 2024, this period is planned to be reduced to 14-18 days, and the journey through the territory of Kazakhstan from 6 to 5 days.

Russia’s FM: U.S. Interest in Central Asia’s Economy Could Harm Russia’s Development

Russia’s Foreign Minister Sergei Lavrov, during a question-and-answer session with students at Moscow’s MGIMO University in early September, noted that “a growing number of extra-regional actors,” including the United States, have taken an interest in fostering trade via the so-called Middle Corridor -- a route connecting Asia to Europe via Central Asia, bypassing Russia. Lavrov’s speech suggests that the U.S. interest in the economic future of Central Asia will negatively impact Russia's development. Lavrov noted that Russia maintains “warm and allied” relations with Central Asian nations, which are bound to Russia economically and strategically via several agreements, including the Collective Security Treaty Organization, the Eurasian Economic Union, and the Commonwealth of Independent States. He added that Russia “cannot prevent anyone from establishing deeper ties with other partners.” Lavrov couldn’t resist lashing out at the United States, saying the motives of American officials in Central Asia aren’t magnanimous. “When our partners and allies in Central Asia expand their relations with the West, I do not have the slightest doubt that they understand perfectly well that apart from pursuing its noble and transparent objectives, the West also seeks to undermine the Russian Federation’s influence there,” he said. The U.S. engages with Central Asia through the B5+1 process, which promotes Western investment by encouraging reforms to reduce trade barriers and streamline customs. Recently, Central Asian countries have signed agreements to improve trade regulation, and the U.S. has helped some countries upgrade their infrastructure. U.S. Ambassador to Kazakhstan Daniel Rosenblum has said in a statement: “In August ... the United States provided Kazakhstan’s Customs Service with advanced Dell Technologies Inc. servers to help make border procedures more efficient. “Adopting innovative technologies will streamline processes, enhance accuracy, improve transparency, and foster a business-friendly environment, attracting more investors and boosting economic growth,” Russia's war in Ukraine has weakened the Kremlin’s ability to pressure Central Asian states to follow its wishes. Russia depends on covert trade through Central Asia to bypass sanctions and get goods for its war. Meanwhile, China is supplying dual-use technologies to Russia and has overtaken Russia as the leading trade partner for Central Asian countries. In his remarks, Lavrov called China “a reliable partner” but didn’t mention it in the context of Central Asia’s growing trade dynamics.