Tag Archives: Tajikistan

EBRD eyes up Tajik Bank

OCT. 15 2016 (The Conway Bulletin) – Neil McKain, regional director of the EBRD, said that the Bank is ready to put $100m into the ailing Tojiksodirotbank (TSB), which has been under temporary administration since May. Rumours about the EBRD buying a stake in TSB have lingered for months. Should the investment be confirmed, it would be lower than the $165m previously rumoured. TSB is Tajikistan’s second-largest lender.

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(News report from Issue No. 301, published on Oct. 21 2016)

EBRD gives loans to Tajik farmers

OCT. 18 2016 (The Conway Bulletin) – The EBRD and the EU will partner to implement a 42m euro ($46.5m) programme to support farming in Tajikistan. A first tranche of 15m euros was provided to Arvand, a microfinance organisation, to make available to small agri- business borrowers. The EBRD, which is contributing 20m euros to the project, said that another development bank will soon join the project. Despite being the largest employer, the agricultural sector in Tajikistan is lacking investment and planning.

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(News report from Issue No. 301, published on Oct. 21 2016)

Comment: Russia eyes entry into the West’s CASA-1000, says Kilner

OCT. 21 2016 (The Conway Bulletin) — It appears as if Pakistan is losing confidence in the West’s headline power transmission project in Central Asia — CASA-1000. It’s been talking to Russia and Turkmenistan about covering an anticipated shortfall in electricity from Tajikistan and Kyrgyzstan, undermining a core pillar of the project.

CASA-1000 is the World Bank funded project that will, when it is built in 2018, send electricity generated by hydropower stations in Kyrgyzstan and Tajikistan to consumers in Pakistan via Afghanistan.

The $1.2b project was supposed to spearhead what Hillary Clinton, when she was US Secretary of State, had described as a new north-south Silk Road. The West has disengaged from Central Asia to a large extent since the drawdown of it militaries from Afghanistan in 2013 and 2014, making new projects like CASA-1000 so important. The aim was to empower Tajikistan and Kyrgyzstan, tie both Pakistan and Afghanistan into a wider Central Asian economic sphere and restore confidence in the West’s commitment to the region.

But it may not be going to plan.

Leaders from Tajikistan, Kyrgyzstan, Afghanistan and Pakistan gathered earlier this year to mark the start of CASA-1000’s construction. They shook hands and smiled. Now it seems that Russian and Turkmen leaders should also have been there.

Pakistan has, openly, been courting both Russia and Turkmenistan as back up energy suppliers. Its leaders appear to doubt the ability of both Kyrgyzstan and Tajikistan to produce enough power during the freezing winters when their domestic demand spikes and water levels in their reservoirs, which feed the hydropower plants, fall.

There are also question marks over whether the Soviet-era infrastructure that both Kyrgyzstan and Tajikistan are relying upon can cope with the demands of CASA-1000. The World Bank has promised funds to both Tajikistan and Kyrgyzstan to boost power production but it may not be enough and it may come too late, in any case.

Russia has already told Pakistan that it will happily feed its power into CASA-1000 to make up the shortfall but, and this is the point, this would undermine the ethos of the project.

With Russia riding to the rescue, CASA-1000 risks making the West’s strategy in Central Asia look muddled.

By James Kilner, Editor, The Conway Bulletin

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(News report from Issue No. 301, published on Oct. 21 2016)

Tajikistan increases trade with China

OCT. 20 2016 (The Conway Bulletin) — Tajikistan increased its trade with China by 32% in the first nine months of the year, its statistics agency said, highlighting its increased dependency on its near neighbour. Data said that Tajikistan-China trade turnover in this period was $700m, compared to Tajikistan-Russia trade turnover of $764m, which was down by 9.3%.

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(News report from Issue No. 301, published on Oct. 21 2016)

Tajikistan starts military exercises with China

OCT. 20 2016 (The Conway Bulletin) – Tajikistan and China start joint military exercises on the Tajik-Afghan border. The exercises come a month after China announced that it was going to build a network of border posts along the Tajikistan-Afghanistan border. It is increasingly worried about security along the southern fringe of Central Asia. In August a suicide bomber attacked the Chinese embassy in Bishkek.

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(News report from Issue No. 301, published on Oct. 21 2016)

CSTO agree on crises centre in Armenian capital

OCT. 14 2016 (The Conway Bulletin) – At a meeting in Yerevan, leaders of the Collective Security Treaty Organisation (CSTO) agreed to set up a new crisis response centre. The thinking behind the centre is to improve the exchange of information between CSTO members on terrorism. The CSTO includes Russia, Belarus, Armenia, Kyrgyzstan, Tajikistan and Kazakhstan.

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(News report from Issue No. 301, published on Oct. 21 2016)

Tajik court sentences opposition members

OCT. 7 2016 (The Conway Bulletin) – A Tajik court sentenced Buzurgmehr Yorov and Nuriddin Makhamov, two lawyers of the banned Islamic Renaissance Party of Tajikistan (IRPT), to 23 and 21 years in prison for fraud and inciting ethnic hatred. Last year, the IRPT was accused of plotting a coup. Human rights lobby groups said the charges against Yorov and Makhamov were trumped up.

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(News report from Issue No. 300, published on Oct. 14 2016)

Tajik government proposes special forces’ rights

OCT. 10 2016 (The Conway Bulletin) – The Tajik government proposed new amendments to the law on national security forces that will allow them to break into homes without a warrant. The amendments, said to be aimed at strengthening security in the country, need approval from parliament before entering into force. Critics have said that these checks will be used against the opposition.

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(News report from Issue No. 300, published on Oct. 14 2016)

Tajiks want President on banknote

SEPT. 30 2016 (The Conway Bulletin) – Tajikistan’s state insurance company wants to see President Emomali Rakhmon’s head on a 1,000 somoni ($127) bill. Globally, the only living heads of state with their faces on banknotes are royals, notably Queen Elizabeth II, and a few presidents-for-life in Africa and Asia. The proposal could now spark a debate around Mr Rakhmon and his growing personality cult.

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(News report from Issue No. 299, published on Oct. 7 2016)

Pakistan anticipates power supply from Kyrgyzstan

OCT. 6 2016 (The Conway Bulletin) – Pakistani media hinted that it was anticipating potential supply-side problems with CASA-1000 electricity project by saying that it had invited Russia to make up any short- fall over winter when Kyrgyzstan and Tajikistan’s hydropower stations are less productive. The World Bank-backed $1.2b project aims to send electricity from Kyrgyzstan and Tajikistan to Afghanistan and Pakistan by 2019. This year, shortages in Kyrgyzstan have cast doubts over the country’s export capacity and Pakistan has explored other suppliers, including Turkmenistan.

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(News report from Issue No. 299, published on Oct. 7 2016)