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headlines from the caspian: august 2, 2022

Headlines from the Caspian: August 2, 2022

Author: Caspian Policy Center

Aug 2, 2022

Image source: Getty Images

Energy and Economy

Turkey Becomes Main Market for Non-Oil Exports of Azerbaijan

Most of Azerbaijan’s non-oil exports are now going to Turkey, which accounts for about one-third of Azerbaijan’s products overseas. According to Vugar Bayramov, Member of the Azerbaijani Parliament and economic analyst, “32 dollars of every 100 dollars received by Azerbaijan from non-oil exports come from Turkey.” Turkey now receives more of Azerbaijan’s exports than Russia, who only accounts for 22 percent of Azerbaijan’s non-oil exports.

Source: Caspian News

Kyrgyzstan Tightens Regulations on Mining Sector

In April, the Kyrgyz government permanently seized the Kumtor gold mine, which used to account for more than one-tenth of the country’s economy. The government continues to increase regulations on businesses, including increased mining license renewal fees that only private investors have to pay. Companies worry that the private mining sectors is rapidly shrinking.

Source: Eurasianet

 Chinese Foreign Minister Visits Kyrgyzstan, Tajikistan, Uzbekistan

Wang Yi, the foreign minister of China, visited Kyrgyzstan, Tajikistan, and Uzbekistan. Yi expressed the desire to increase Chinese economic, trade, and infrastructure relations in each country. Yi’s visit to Central Asia coincided with the meeting of SCO foreign ministers in Tashkent.

Source: Eurasianet

Security and Politics

Uzbekistan Authorities Close Public Consultation on Constitutional Reform

Uzbekistan has closed the public review period for planned reforms of the constitution. This process was supposed to end in early July but was extended due to unrest in Karakalpakstan. The parliamentary committees will now review the feedback and edit the document accordingly. Following the deadly protests in July, the Uzbek president Shavkat Mirziyoyev announced that the amendments regarding Karakalpakstan would be scrapped.

Source: Eurasianet

Turkey Sends More Minesweepers to Azerbaijan

Azerbaijan has received a new batch of Turkish MEMATT minesweepers. The MEMATT is one of the top modern minesweepers coproduced by the Turkish Defense Ministry and private Turkish companies. In addition to the MEMATT, Azerbaijan uses Slovak-made minesweepers, one Croatian mine-clearing machine, and one British AARDVARK mine clearance vehicle.

Source: Caspian News

 Central Asia Steps Up Its Regional Diplomacy as Uzbekistan hosts two major summits

Uzbekistan hosted two summits last week with significant importance on South Asia. The first took place on Monday and Tuesday and was an international symposium on Afghanistan. Tashkent also hosted a conference of the foreign ministers of the Shanghai Cooperation Organization (SCO), a multilateral organization that seeks to advance stability throughout Eurasia, on Thursday and Friday to discuss regional peace and security as well as global inflation.

Source: Foreign Policy


(Sources: Caspian News, Eurasianet, Foreign Policy, RFE/RL)


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