Qatari mediators renew push for U.S.-Iran deal in Tehran
Qatari mediators returned to Tehran on Friday as part of efforts to reach a deal between the U.S. and Iran, ...
People travelling between Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan and Azerbaijan could soon be able to pay for purchases using their usual banking apps. Central banks from the five countries are working on linking their national payment systems.
Representatives of the five countries’ central banks have agreed to develop mechanisms for connecting national QR payment systems. The discussions took place during a regional meeting in Tajikistan.
The initiative is expected to make cross-border payments easier for both travellers and businesses. Once integrated, customers could scan QR codes and pay for goods and services abroad directly through their existing mobile banking applications.
For example, a customer from Uzbekistan visiting Kazakhstan could use their regular banking app to make a QR payment. The same service would be available to visitors from Kazakhstan, Kyrgyzstan, Tajikistan and Azerbaijan.
The central banks have agreed to establish a working group to examine how their national payment platforms can interact. Its work will focus on connecting instant payment systems, standardising QR payment formats and ensuring compatibility between different national infrastructures.
The group is also expected to prepare a roadmap for the gradual integration of the systems. According to Kazakhstan’s National Bank, the countries have agreed to work out specific mechanisms for QR payment interoperability by the end of 2026.
The countries also considered ways to exchange information about financial fraud and cyber threats. The use of artificial intelligence and digital technologies in payment supervision was another topic on the agenda.
Kazakhstan presented its experience with digital financial infrastructure, including its digital tenge, open banking and interbank mobile payment system. Kyrgyzstan also introduced its national ELQR standard and plans for a fast payment system.
The initiative is still at the development stage. The working group must determine how the different payment systems will connect and establish common technical and security requirements.
No launch date has been announced. However, the planned integration could make everyday payments across Central Asia and Azerbaijan more convenient, while strengthening cooperation between the region’s financial systems.
The Middle East conflict remains tense as diplomatic efforts continue alongside renewed Houthi attacks. Iran says it remains open to mediation, while the Saudi-led coalition says it intercepted a ballistic missile fired towards the kingdom.
Rescuers searched the wreckage of two high-speed trains in central Spain on Thursday as the death toll rose to a provisional 74, making it the country's second fatal high-speed rail disaster this year.
Strengthened U.S.-Central Asia ties reflect a broader trend in international relations, with growing emphasis on developing alternative transit routes and diversifying energy and critical mineral supply networks to gain geopolitical influence.
At least 68 people have been killed after two high-speed trains collided in Spain on Wednesday, in the second deadly rail disaster in less than a year on a major route linking Madrid with the southern Andalusia region.
Qatari mediators returned to Tehran on Friday as part of efforts to reach a deal between the U.S. and Iran, according to an official briefed on the talks.
Qatari mediators returned to Tehran on Friday as part of efforts to reach a deal between the U.S. and Iran, according to an official briefed on the talks.
Israeli military prosecutors on Thursday indicted a serving soldier accused of spying for Iran and selling sensitive military information for cryptocurrency, The Times of Israel reported, citing Israeli security authorities.
The Middle East conflict remains tense as diplomatic efforts continue alongside renewed Houthi attacks. Iran says it remains open to mediation, while the Saudi-led coalition says it intercepted a ballistic missile fired towards the kingdom.
Foreign ministers from the Organisation of Turkic States (OTS) gathered in Ankara on Thursday to strengthen regional cooperation and finalise preparations for Friday's leaders' summit.
Iran and Russia are moving ahead with plans to build small modular nuclear reactors, with Tehran announcing that the two countries are preparing to sign an agreement to accelerate their cooperation.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment