live Rubio tells allies U.S. will hold off new Iran strikes
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time bein...
Afghanistan’s Minister of Industry and Commerce, Nooruddin Azizi, used a visit to Uzbekistan to press for easier trade and transit, focusing on boosting exports, establishing an export centre in Balkh, and strengthening regional economic ties.
Azizi attended the INNOPROM Central Asia industrial exhibition in Tashkent, where, according to the Ministry of Industry and Commerce, more than 60 Afghan companies participated over three days. The ministry said the firms showcased products from the cotton, coal, spices, agricultural and pharmaceutical sectors.
In a meeting with Uzbekistan’s Deputy Prime Minister, Jamshid Khodjayev, the two sides discussed trade, transit and Afghan exports to Uzbekistan. According to an official statement, they also discussed “establishing an export centre for Afghan products in Balkh province, as well as the mechanism for operating this centre.”
The visit also included a trilateral meeting with Uzbekistan and Kyrgyzstan on the sidelines of the exhibition. According to the ministry, the three sides discussed “providing facilities in the areas of transit and trade, especially for Afghanistan’s export goods to the republics of Uzbekistan and Kyrgyzstan”. The statement said they agreed to form a joint working group and confirmed Afghanistan’s membership in the exhibition.
In Namangan, Azizi met Governor Shavkat Abdurazzaqov. According to the ministry, the two sides discussed expanding trade and increasing exports to Uzbekistan, “especially cotton and coal”. The ministry said Azizi also invited Uzbek investors to invest in textile factories, mineral processing plants and pharmaceutical production in Afghanistan.
Azizi also met Belarusian Industry Minister Andrey Yevgenyevich Kuznetsov in Uzbekistan. According to the ministry, they discussed “increasing the level of trade between the two countries, as well as purchasing diesel fuel and petrol from the Republic of Belarus.” The ministry said both sides agreed to form a deputy minister-level working group to follow up on the talks.
The meetings point to a broader Afghan effort to increase exports of cotton, coal, spices, agricultural goods and pharmaceuticals, while also seeking fuel imports and foreign investment.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time being”, Axios reports. Meanwhile, Iran and Oman have resumed talks on a temporary shipping route through the Strait of Hormuz.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Russia and Ukraine have exchanged 10 prisoners of war each in Belarus, Moscow's Human Rights Commissioner, Yana Lantratova, has said.
The inaugural Silk Road Finance & Technology Forum brought together policymakers, investors and technology companies as Central Asia looks to build a more connected financial system and compete for a bigger share of global fintech investment.
The Silk Road Finance & Technology Forum will bring more than 6,000 policymakers, investors and technology leaders from 74 countries to Tashkent, as Central Asia seeks a bigger role in the global fintech landscape.
Kazakhstan is considering the Baku-Supsa pipeline as an alternative oil export route after Caspian Pipeline Consortium disruptions cost the country an estimated 3.5 million tonnes of oil, Energy Minister Yerlan Akkenzhenov said.
Kuwait’s Al-Sayer Group plans to export fresh and dried Afghan fruit to Kuwait and other markets while exploring broader trade and investment opportunities in Afghanistan, according to Afghan government statements following talks in Kabul on Tuesday.
Central Asia’s fintech ambitions are in the spotlight as a major forum in Tashkent draws to a close, shifting attention from the region’s potential to the investment, infrastructure and global reach needed to turn that vision into growth.
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