Uzbekistan faces $1.5 billion hit if Middle East tensions disrupt Iran trade route
Uzbekistan could lose up to $1.5 billion if escalating Middle East tensions disrupt vital trade and logistics routes through Iran, putting pressure...
Kyrgyzstan reconsiders relocating its capital to address Bishkek's pollution and overcrowding, with the proposed city of Asman positioned as a futuristic alternative.
In Kyrgyzstan, discussions about relocating the capital have resurfaced. Jogorku Kenesh (Parliament) deputy Bakytbek Maripov has proposed moving Kyrgyzstan’s capital away from Bishkek, presenting the idea during a parliamentary session.
It is noted that this is the only way to solve the problems of traffic jams and air pollution.
He recalled the city of Asman, which attracted $10 billion in investment for its construction. At the beginning of his term, in 2021, Kyrgyz President Sadyr Japarov announced the construction of "the city of the future, Asman", in the Issyk-Kul region. Two years later, in June 2023, Japarov laid the foundation for the construction of Asman by laying a capsule. The authorities plan to complete this megaproject in 7-10 years, and 3143 hectars of land have already been allocated for it.
The issue of relocating the capital in Kyrgyzstan has been raised several times before. For instance, the new capital was suggested to be the border city of Osh, which had repeatedly become the focus of interstate conflict and was located 700 kilometers away from Bishkek on the border with Uzbekistan.
Meanwhile, Bishkek suffers from smog, as the current capital is surrounded by the 375-kilometer mountain range of the Tien Shan - the Kyrgyz Alatau. In November 2024, Bishkek ranked among the top 10 most polluted cities in the world. Key sources of pollution include emissions from motor vehicles, the use of low-quality fuels for heating private homes, and unfavorable meteorological conditions that trap pollutants.
Currently, more than 2-3 million people actually live in Bishkek and the Chui region. This is a very large concentration for a country with a population of 7 million people. Thus, almost 40% of the country's population lives in the Chui region.
At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar denied holding Iranian pilots. It said it had found the remains of one pilot after an airspace violation and had contacted Iran to coordinate a handover.
U.S. President Donald Trump says Washington is not seeking an extension of its memorandum of understanding with Iran, claiming the U.S. already controls the Strait of Hormuz through its naval blockade.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
South Korea's presidential Blue House said on Monday it was reviewing U.S. President Donald Trump's comments on scaling back joint military drills. It added that it hoped a favourable relationship between Washington and Pyongyang could lead to meaningful talks.
Ukraine has targeted at least 20 Wildberries warehouses across Russia since 18 July, disrupting a major logistics network. Kyiv says the strikes aim to disrupt alleged military-linked supplies, while the attacks have caused billions of dollars in losses and wider economic pressure.
Uzbekistan could lose up to $1.5 billion if escalating Middle East tensions disrupt vital trade and logistics routes through Iran, putting pressure on supply chains and the wider economy.
Azerbaijan has summoned Russia’s ambassador in Baku over recent Russian media comments it described as insulting, provocative and threatening towards the country, its people and leadership.
Israel and the United States have agreed to establish two working groups on Gaza’s future as Washington pushes to turn a fragile ceasefire into a broader political and security arrangement.
Uzbekistan is putting renewable energy, water security, waste management and climate-resilient cities at the centre of its growth strategy as it seeks to modernise infrastructure and attract green investment.
A power disturbance that swept across Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan on 14 August has highlighted both the benefits and vulnerabilities of Central Asia’s interconnected electricity grid.
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