Azerbaijan, Kazakhstan, Uzbekistan sign clean energy deal with Asian banks
Azerbaijan, Kazakhstan, and Uzbekistan have partnered with regional banks to launch a clean energy project connecting Central Asia to Europe via the Caspian Sea.
During the 150th Assembly of the Inter-Parliamentary Union (IPU), Uzbekistan's President Shavkat Mirziyoyev held productive discussions with the heads of parliaments from several Arab nations.
The high-level meeting saw the participation of leaders, including the Chairman of the Arab Parliament and the speakers of the parliaments of Bahrain, Egypt, Oman, Qatar, and the United Arab Emirates (UAE).
The central focus of the talks was the future development of relations between Uzbekistan and the Arab countries, covering critical areas such as parliamentarism, economics, energy, transport, and tourism. Notably, the meeting underscored the growing cooperation in recent years, highlighted by the signing of significant agreements and the establishment of over 500 joint ventures. These partnerships have resulted in more than $50 billion in investment projects.
A key point of emphasis was the role of Arab countries in the modernization of Uzbekistan’s energy sector, particularly in the expansion of green energy initiatives. Saudi Arabia and the UAE have signed contracts worth over $12.5 billion to support these efforts, marking a significant step toward enhancing Uzbekistan's energy infrastructure.
The discussions also touched on the situation in Afghanistan, with both sides expressing a commitment to stabilizing the region. Uzbekistan has been at the forefront of efforts to attract Arab nations to help rebuild Afghanistan's infrastructure and economy.
Moreover, the development of critical transport corridors was highlighted, such as the North-South Corridor through Iran, the Road Development project through Iraq, and the Trans-Afghan Corridor, all of which are pivotal for improving regional connectivity.
Additionally, the meeting explored the growing potential of green energy, the digital economy, and innovation. The leaders emphasized the importance of diversifying their economies and expanding mutual trade. Arab countries have shown increasing interest in importing key commodities from Central Asia, including copper, gold, iron, and steel.
Another significant topic on the agenda was the upcoming "Central Asia — Cooperation Council for the Arab States of the Persian Gulf" summit, scheduled for May 2025 in Samarkand. This summit, set to build on the previous meeting held in Jeddah two years ago, will focus on the further development of transport corridors linking Central Asia with the Arab world.
Samarkand, a historical gem and a crucial point along the ancient Silk Road, was chosen as the venue to underscore its symbolic importance in fostering regional cooperation.
A small plane crashed near Kopake, New York, on April 13, killing at 6 people. The Mitsubishi MU-2B aircraft, carrying six people, went down under unclear circumstances. This marks the second aviation accident in New York in a week, raising safety concerns.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 10th, covering the latest developments you need to know.
The death toll from the catastrophic roof collapse at a nightclub in Santo Domingo has risen to 98, with more than 160 people injured, according to Dominican authorities.
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In a dramatic about-face, U.S. President Donald Trump on Wednesday announced a 90-day pause on newly implemented tariffs for dozens of countries — a move that eased market turmoil but further escalated tensions with China.
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Egyptian President Abdel Fattah al-Sisi and Qatari Emir Sheikh Tamim bin Hamad Al Thani on Monday reiterated their unwavering stance against the displacement of Palestinians from their land.
The European Council decided on Monday to impose restrictive measures on an additional seven individuals and two entities responsible for serious human rights violations in Iran, including for the use of the judiciary as a tool for arbitrary detention.
Azerbaijan’s capital, Baku, will host the 2025 WMF Minifootball World Cup from May 21 to June 1, reflecting the nation’s growing international reputation and success in hosting major sporting events, said Orkhan Mammadov, President of Azerbaijan’s Minifootball Federation.
Small business owners in Armenia staged a protest outside the government building on Monday, voicing strong opposition to a proposed tax increase they say will worsen economic conditions and threaten their operations.
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