live U.S., Iran closer to deal, timing remains unclear
U.S. and Pakistani leaders forecast a Sunday signing of a long-elusive framework agreement to end fighting between the United States and Iran, as Reut...
The first-ever meeting of governmental leaders of the Turkic Council (TCT) was held in Bishkek in Kyrgyzstan on Thursday focusing on regional ties and cooperation.
Adylbek Kasymaliyev, the Chairman of the Kyrgyz Cabinet and Head of the Presidential Administration, welcomed the high-level heads of the delegations.
Azerbaijan’s Prime Minister Ali Asadov, Kazakhstan’s Prime Minister Olzhas Bektenov, Kyrgyzstan’s Cabinet Chairman Adylbek Kasymaliyev, Turkey’s Vice President Cevdet Yilmaz, Uzbekistan’s Prime Minister Abdulla Aripov, and TCT Secretary-General Kubanychbek Omuraliev attended the event in Kyrgyzstan's capital.
Discussions focused on cooperation within the TCT in areas including the economy, trade, investment, transport, digitalisation, energy, and agriculture. Implementation of previous decisions and improvements to the organisation’s working mechanisms was also on the agenda.
Azerbaijan’s Prime Minister Ali Asadov stressed that modern global challenges require closer cooperation and agile decision-making.
"Exchanging views within the TCT, aligning our positions, and developing joint approaches is of great importance. The consolidation of efforts among Turkic states is essential for stability, security and prosperity," Asadov said.
He added that mutually beneficial cooperation strengthens trade and economic ties, enhances economic potential, and diversifies transport corridors. Asadov also highlighted the 15th anniversary of the Nakhchivan Agreement, noting it marked the start of the TCT’s successful development.
He also mentioned that economic relations between Azerbaijan and other TCT member states continue to grow dynamically. Trade between January and July rose by more than 8%, and Azerbaijan’s investments in member states amount to nearly US$21 billion. Joint investment funds with several partners facilitate reciprocal investment in priority economic sectors.
He further noted that cooperation in the transport sector is expanding rapidly and contributes significantly to strengthening regional connectivity:
"The Middle Corridor passes through Turkic states and plays a strategic role in expanding both regional and global trade and transport links. The agreements recently reached in Washington to connect Azerbaijan’s mainland with the Nakhchivan Autonomous Republic are historically significant. The opening of the Zangazur Corridor creates new economic and transit opportunities for regional countries and enhances the carrying capacity of the Middle Corridor," Asadov explained.
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U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Foreign Ministry spokesperson Esmaeil Baghaei saying no deal would be approved this weekend.
Japan’s birth rate and fertility levels have fallen to their lowest levels on record, highlighting the country’s worsening demographic crisis as fewer people marry and have children.
Tajikistan has strengthened its position as one of Central Asia’s fastest-growing economies. According to the European Bank for Reconstruction and Development (EBRD), the trend is supported by investment activity, industrial expansion and large-scale infrastructure projects.
The International Monetary Fund (IMF) has urged Georgia to implement reforms to tackle youth unemployment. Nearly 30 per cent of people aged 15-24 are without a job in the country, according to World Bank data.
Kazakhstan’s ruling Amanat party has announced it will merge with a party launched only a month ago by allies of the country’s President Kassym-Jomart Tokayev.
An Indian pollution regulator has accused a Tata components factory supplying Apple iPhones of contaminating groundwater near farmland with wastewater, raising the prospect of a forced shutdown unless the company provides a satisfactory response.
Uzbekistan will launch a new digital financial platform from 1 July aimed at simplifying access to finance for entrepreneurs, as part of broader efforts to support small businesses, encourage innovation and accelerate private sector development.
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