Kyrgyz Prime Minister Kasymaliev in Washington for IMF, World Bank Meetings

Kyrgyz Prime Minister Adylbek Kasymaliev has arrived in Washington, D.C. to participate in the Spring Meetings of the International Monetary Fund (IMF) and World Bank Group. During his visit, Kasymaliev is expected to meet with senior World Bank officials to discuss ongoing and future investment projects in Kyrgyzstan. Following the IMF and World Bank sessions, Kasymaliev is scheduled to hold high-level talks with Anna Bjerde, the World Bank’s Managing Director for Operations, and Antonella Bassani, Vice President for Europe and Central Asia. A key item on the agenda will be the planned construction of the Kambarata-1 Hydropower Plant (HPP) on the Naryn River. The Kyrgyz government hopes to secure an interest-free loan of $500 million from the World Bank to support the project, which is estimated to cost $3.6 billion in total. Kambarata-1 is seen as a strategic initiative that could make Kyrgyzstan fully self-sufficient in electricity generation. To date, approximately 4 billion Kyrgyz soms (about $46 million) have been allocated from the state budget for preliminary construction works. These funds are being used to build vital infrastructure including roads, a transportation tunnel, a bridge over the Naryn River, power lines, and temporary housing for workers. In addition to his meetings with international financial institutions, Kasymaliev will also engage with executives from leading U.S. corporations. These discussions will not only cover the hydropower sector but will also highlight other government-led investment opportunities in Kyrgyzstan across various industries. The Kyrgyz leadership has intensified efforts to attract foreign partners for its infrastructure and energy projects, as part of a broader strategy to enhance economic independence and modernize the national energy grid.

Washington Signals Interest in Uzbekistan’s Nuclear Energy Sector

The United States has expressed interest in cooperating with Uzbekistan on civil nuclear energy investments, U.S. State Department spokesperson Tammy Bruce stated following a February 21 phone call between Uzbek Foreign Minister Bakhtiyor Saidov and U.S. Secretary of State Marco Rubio. “Secretary Rubio spoke with Foreign Minister Saidov to reaffirm U.S. support for Uzbekistan’s independence, sovereignty, and territorial integrity. They discussed ongoing cooperation through the C5+1 platform to promote stability and economic growth in Central Asia. Secretary Rubio also thanked Uzbekistan for its efforts in controlling illegal migration and counterterrorism cooperation. The U.S. looks forward to exploring investment opportunities in critical minerals and civil nuclear energy technologies,” the statement read. U.S. Expands Nuclear Energy Engagement in Central Asia The United States has previously shown interest in participating in nuclear energy projects in Central Asia, including the construction of a nuclear power plant (NPP) in Kazakhstan. During an October 2024 visit to Almaty, Khush Choksi, Senior Vice President of the U.S. Chamber of Commerce, emphasized America’s readiness to take part in Kazakhstan’s nuclear energy sector. “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,” Choksi told reporters. Strategic Energy Cooperation Washington’s interest in nuclear energy partnerships with Uzbekistan and Kazakhstan reflects its broader strategy to expand energy cooperation in Central Asia. The region’s growing demand for energy security, technological development, and investment in clean energy solutions aligns with U.S. efforts to strengthen economic ties and counterbalance the influence of other global energy players.