The European Bank for Reconstruction and Development (EBRD) and the European Union are boosting access to finance for micro, small and medium-sized enterprises (MSMEs) in Central Asia and Mongolia. According to the EBRD, an additional €25 million in EU guarantees will be made available to local partner financial institutions for on-lending to this business segment.
The 6th meeting of the Foreign Ministers of Central Asia–China format was held in Almaty on April 26, attended by the foreign ministers of Kazakhstan Murat Nurtleu, China Wang Yi, Kyrgyzstan Zheenbek Kulubaev, Tajikistan Sirojiddin Mukhriddin, Uzbekistan Bakhtiyor Saidov, and a representative of Turkmenistan. The meeting focused on strengthening political dialog, expanding trade and economic
A kick-off meeting for the regional project “Stakeholder Engagement for Uranium Legacy Remediation in Central Asia” (Phase III) was held in Tashkent on April 17-18. The main purpose of this event was to present and discuss the plans for Phase III of the project with government institutions and national and international partners from three Central
The Eurasian Development Bank (EDB), in partnership with the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), is launching an experience-sharing project for energy professionals from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan. Named “Supporting Sustainable Energy Development in Central Asia by Expanding Sub-Regional and Cross-Country Cooperation Through the Exchange of Competencies
On April 16, Kuwait hosted the Third Meeting of Foreign Ministers of the Strategic Dialogue between the Gulf Cooperation Council (GCC) and Central Asia. The meeting was attended by the leadership of foreign ministries of Central Asian countries and six countries of the Gulf Cooperation Council — the Kingdom of Saudi Arabia, the United Arab
On April 11, Almaty hosted the eighth meeting between Russian Foreign Minister Sergey Lavrov and foreign ministers of Central Asian countries: Deputy Prime Minister – Foreign Minister of Kazakhstan Murat Nurtleu, Foreign Minister of the Kyrgyz Republic Jeenbek Kulubayev, and Foreign Minister of Tajikistan Sirojiddin Muhriddin. Turkmenistan was represented by Deputy Foreign Minister Ahmet Gurbanov,
Tajikistan’s economic growth is projected to remain robust in 2025 and 2026, supported by investment in energy and industry, strong consumer demand, and private sector development, according to the latest forecast by the Asian Development Bank (ADB). The growth, however, could be further boosted by a renewed focus on digital transformation and e-governance. The country’s
At the inaugural EU-Central Asia Summit in Samarkand, Uzbekistan last week, European Investment Bank (EIB) Vice-President Kyriacos Kakouris signed four memorandums of understanding with partners in Kyrgyzstan, Tajikistan and Uzbekistan. With these agreements, the EIB will provide €365 million, unlocking up to €1 billion of investment in sustainable transport, water management, and climate resilience projects, the EIB
On April 4, the first-ever Central Asia-European Union Summit was held in Samarkand, chaired by the President of Uzbekistan Shavkat Mirziyoyev. The EU was represented by the President of the European Council António Costa and the President of the European Commission Ursula von der Leyen. Together with President Mirziyoyev, Central Asian countries were represented by
OCA Magazine, published in London since 2009, is calling on universities across the Eurasian region to participate in a special issue titled OCA Magazine: Education 2025. The initiative aims to showcase the educational and human resource potential of Central Asia and the CIS countries, while also attracting experts and media attention to promote education in
On April 1, the President of Tajikistan, Emomali Rahmon attended a ceremony to lay the foundation stone for the construction of an iron ore enrichment plant of CJSC Tajik Metallurgical Plant in Bobojon Ghafurov district, the first ore enrichment plant in Tajikistan since independence. The plant will be built with domestic and foreign capital and
On March 31, a trilateral meeting was held between the President of Kyrgyzstan Sadyr Japarov, the President of Tajikistan Emomali Rahmon, and the President of Uzbekistan Shavkat Mirziyoyev in the Tajik city of Khujand. The presidents signed the Treaty between Kyrgyzstan, Tajikistan, and Uzbekistan on the junction point of the state borders of the three
The following article by Roger Holland, Founder & Managing Partner of a leading property advisory firm, published in the latest issue of OCA Magazine, provides an insight on Central Asia’s growing real estate market: For many, the housing and wider real estate markets have had a miserable year. Interest costs have increased alongside inflation of
According to the World Bank’s representative office in Uzbekistan, Tashkent recently hosted a presentation of the World Bank’s new report analyzing current migration trends, challenges, and opportunities in the Europe and Central Asia region. The report highlights that labor migration remains one of the key sources of income for millions of citizens in Central Asian
The European Union and the five Central Asian countries reaffirmed their strong political commitment to strengthening engagement and deepening cooperation during the 20th EU-Central Asia Ministerial meeting, chaired by the EU High Representative for Foreign Affairs and Security Policy, Kaja Kallas, on March 27 in Ashgabat. The Foreign Ministers of Tajikistan, Turkmenistan, and Uzbekistan, as well as Deputy
On March 17, as part of the official visit of Tajikistan President Emomali Rahmon to the Russian Federation, a virtual ceremony of the start of construction of two important social and humanitarian facilities in Tajikistan was held in the Kremlin. Rahmon and Russian President Vladimir Putin launched the construction of the State Russian Drama Theater
The EU has reinforced its commitment to Tajikistan through key investments under its Global Gateway investment initiative, focusing on Tajikistan’s economic resilience, green and digital transitions and infrastructure development. During his visit to the country, EU Commissioner for International Partnerships, Jozef Síkela announced new funding initiatives aimed at strengthening the country’s sustainable development, the Delegation of the European Union to Tajikistan
A presentation of the new 54th issue of OCA Magazine was held in London on March 8th as a part of the Navruz celebration. The event brought together representatives of creative professions and diplomats from the embassies of Central Asian countries. The new issue of the magazine focuses on the economic issues of the region
The European Bank for Reconstruction and Development (EBRD) says it is contributing to the development of trade and transport routes in Tajikistan by helping to finance the upgrading and expansion of the road from Dangara to Guliston. Built in the 1930s as part of a major international highway, this road is an important link between the
On March 13, President of Kyrgyzstan Sadyr Japarov and President of Tajikistan Emomali Rahmon signed the Agreement on the state border between Kyrgyzstan and Tajikistan. The Agreement was signed during a state visit of President Rahmon to Kyrgyzstan. Last month, chief negotiators from Kyrgyzstan and Tajikistan reached the final agreement on the demarcation of disputed
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