EURASIAN STAR LOGO
Business & Economy KZ

Hong Kong investors consider producing environmentally friendly aviation fuel in Kazakhstan

Kazakh Agriculture Minister Aidarbek Saparov met with a delegation of leading Asian companies—Full Vision Capital (FVC), Towngas, and EcoCeres. During the talks, the parties discussed prospects for attracting investment in the country’s agro-industrial complex, the introduction of modern environmental technologies, and the implementation of joint high-value-added projects. Particular attention was paid to a project to

Read More
International Affairs UZB

Uzbekistan and UNDP strengthen cooperation on water security and climate resilience

The United Nations Development Programme (UNDP) and the Government of Uzbekistan have reaffirmed their commitment to improving water security, strengthening climate resilience, and supporting more sustainable use of water resources across the country, according to UNDP Uzbekistan. The commitment was highlighted during a high-level meeting between Mr. Haoliang Xu, UNDP Associate Administrator, Ms. Ivana Živković,

Read More
Business & Economy KG

IFC invests in Kyrgyzstan’s largest grocery retailer

IFC, a member of the World Bank Group, says it is investing in Umai Group, Kyrgyzstan’s largest grocery retailer, to create more and better jobs, improve food distribution, and expand access to affordable, quality food across the country. Umai Group is the country’s leading grocery retailer, with more than 24 years of experience in developing

Read More
Business & Economy TJK

Antimony production plant commissioned in Tajikistan

On July 7, the President of Tajikistan, Emomali Rahmon, inaugurated the Antimony Metallurgical Plant of the Talco Gold Closed Joint-Stock Company in the Sughd Province. The enterprise is equipped with modern production technologies, and its annual capacity is up to 5 thousand tons of processing and production of antimony metal. The commissioning of this production

Read More
Business & Economy UZB

Samarkand to become a center of ecotourism, green investment, and sustainable urban solutions

Uzbekistan plans to transform Samarkand into an environmentally sustainable, climate-resilient, and modern green city in Central Asia. The “Green Samarkand” model was reviewed during a government meeting chaired by President Shavkat Mirziyoyev on July 6. Under this model, specific environmental targets are planned to be achieved in Samarkand by 2030. These include preventing the emission

Read More
International Affairs UZB

Uzbekistan hosts First International Forum of Islamic Civilization

From 7 to 11 July, Uzbekistan is hosting the First International Forum of Islamic Civilization, “The Path of Peace, Tolerance and Enlightenment,” across Tashkent, Samarkand, and Termez, bringing together leading scholars, religious figures, representatives of international organizations, and experts from around the world, according to the Tourism Committee of Uzbekistan. The official opening ceremony took

Read More
International Affairs KZ

China’s ‘flying eye hospital’ arrives in Kazakhstan

The Central Asian C909 Flying Hospital Mission, organized as part of China’s airborne health Silk Road initiative, was launched in Almaty last week, aimed at bringing high-quality ophthalmic services to medically underserved regions in Belt and Road partner countries. This is the first such project in Kazakhstan and Central Asia, implemented in partnership between Al-Farabi

Read More
International Affairs KG TJK

EBRD and GCF launch climate-resilience program for water systems in Central Asia

The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) are launching a new program to strengthen the resilience of water systems in Kyrgyzstan and Tajikistan in response to growing climate pressures on water resources and services. The Resilient Water Systems program, which combines €100 million of loans from the EBRD and

Read More
Business & Economy UZB

World Bank Group recommends policy actions to boost private investment in Uzbekistan

Uzbekistan can unlock significant private investment, create more and better jobs, and accelerate its transition to a more competitive, private sector-led economy by advancing reforms in logistics, tourism, and pharmaceuticals, according to IFC, a member of the World Bank Group. A new Country Private Sector Diagnostic (CPSD) for Uzbekistan, released by the World Bank Group,

Read More
Business & Economy KZ

EBRD finances first large-scale refractory concentrate processing facility in Kazakhstan and Central Asia

The European Bank for Reconstruction and Development (EBRD) says it is contributing to the development of sustainable and ecologically responsible mining and processing in Kazakhstan by supporting the operations of its long-term client Solidcore Resources (SR), an AIFC-listed company and the country’s leading gold producer. The EBRD will provide a loan of up to US$ 300

Read More
Business & Economy KG RU

Kyrgyzstan pins hope on Chinese refinery to reduce dependence on Russian gasoline import

Presidential Representative for Special Assignments Bakyt Torobayev recently visited the modernized Junda (Zhongda) oil refinery and ordered its management to increase motor fuel production in an effort to reduce Kyrgyzstan’s dependence on gasoline imports. Junda is Kyrgyzstan’s largest oil refinery, located in the town of Kara-Balta, 60 kilometers west of Bishkek. The refinery is undergoing

Read More
Business & Economy Eurasia KZ UZB

Report shows rising investor interest in Central Asia and Caucasus

International investor interest in Central Asia and the Caucasus is rising rapidly, according to a new Investor Perception Report released by Montfort Eurasia. New data shows that interest from US and UK investors in the region has tripled since 2023 – despite lingering concerns over political stability and investment security. Investors showed particular interest in

Read More
Geo Politics UZB

Uzbekistan and Georgia elevate relations to strategic partnership level

During a state visit to Georgia on July 3, President of Uzbekistan Shavkat Mirziyoyev held talks with Prime Minister of Georgia Irakli Kobakhidze. The leader of Uzbekistan noted that his state visit to Georgia, the first by a President of Uzbekistan in more than two decades, holds special significance for elevating Uzbek-Georgian relations to a

Read More
International Affairs KZ

Kazakhstan and US identify new frontiers for strategic economic partnership

A “Republic of Kazakhstan – United States of America” Business Roundtable was held in Astana last week, bringing together representatives of government agencies, the business community, international corporations, financial institutions, and expert circles from both countries. The event served as an important platform for discussing a new stage of Kazakhstan-U.S. economic cooperation based on investment,

Read More
Art & Culture Eurasia KG

Aitmatov’s legacy endures, brings together people of different generations and cultures

The more time passes after the Issyk-Kul Forum held in Kyrgyzstan in June, the more I realize that its greatest value was not found in the official sessions or ceremonial speeches. It was found in the people, the ideas, and the honest conversations that continued long after the formal programme had ended. Chingiz Aitmatov’s legacy

Read More
Business & Economy TJK

World Bank supports water conservation and energy efficiency in Tajikistan

The World Bank’s Board of Executive Directors has approved a major project to modernize Tajikistan’s water and irrigation systems and support ongoing reforms, bringing improved irrigation services and economic opportunity to approximately 470,000 farmers and rural community members across the country. The Second Strengthening Water and Irrigation Management (SWIM-2) project will be financed by a $75 million grant

Read More
Eurasia International Affairs KG KZ UZB World

Cards remixed for the new ‘Great Game’

THE SILK ROAD’S NEW REALITY In 2013, China’s newly nominated President Xi Jinping gave a much-heeded speech in Astana, Kazakhstan’s brushed-up capital. His main concern focused on nothing less than how to invigorate the ancient Silk Roads, “in order to promote people-to-people friendship”. After eleven years, in 2024, jointly with Kazakhstan’s President Tokayev, Xi Jinping

Read More
Business & Economy Eurasia UZB

Uzbekistan seeks to become key transport hub connecting East and West

President Shavkat Mirziyoyev on July 1 reviewed proposals to develop Uzbekistan’s transport and logistics system and make more effective use of the country’s transit potential. Today, Uzbekistan has broad opportunities to become a major land transport hub connecting East and West. Four thousand kilometers of international transit corridors pass through the country’s territory, and the

Read More
Business & Economy UZB

Uzbekistan begins dismantling greenhouses in Tashkent region to improve air quality

A Special Commission has commenced the dismantling of greenhouses and the disconnection of their heating systems in the Kibray, Tashkent, Zangiota and Yukorichirchiq districts of Tashkent Region, the National Committee on Ecology and Climate Change said. During the autumn and winter seasons, many greenhouses relied on coal, fuel oil, used vehicle tires, and other environmentally

Read More
Business & Economy KZ

Kazakhstan to establish world-class artificial intelligence cluster

The Ministry of Artificial Intelligence and Digital Development of Kazakhstan, Citi, and Freedom Holding Corp. have signed a trilateral Memorandum of Understanding to jointly develop a large-scale AI cluster. The key objective of the partnership is to establish an artificial intelligence cluster powered by advanced GPU technologies, along with the construction of a state-of-the-art data

Read More