Dubai Telegraph - Trump hails Central Asia's 'unbelievable potential' at summit

EUR -
AED 4.193161
AFN 73.073718
ALL 94.138849
AMD 419.575587
ANG 2.044236
AOA 1047.582358
ARS 1691.189375
AUD 1.660896
AWG 2.055194
AZN 1.941446
BAM 1.954754
BBD 2.295772
BDT 140.484861
BGN 1.930604
BHD 0.429774
BIF 3391.115941
BMD 1.141774
BND 1.474424
BOB 7.893778
BRL 5.92444
BSD 1.13989
BTN 107.706393
BWP 15.490715
BYN 3.305732
BYR 22378.776576
BZD 2.292474
CAD 1.623232
CDF 2597.536421
CHF 0.922428
CLF 0.026755
CLP 1053.012399
CNY 7.757158
CNH 7.765464
COP 3933.412515
CRC 517.027993
CUC 1.141774
CUP 30.257019
CVE 110.206056
CZK 24.247233
DJF 202.981434
DKK 7.474454
DOP 67.784339
DZD 151.962952
EGP 56.174356
ERN 17.126615
ETB 181.485248
FJD 2.566994
FKP 0.865302
GBP 0.861623
GEL 3.014363
GGP 0.865302
GHS 12.892105
GIP 0.865302
GMD 83.913975
GNF 9992.74284
GTQ 8.696349
GYD 238.432473
HKD 8.952139
HNL 30.50857
HRK 7.532053
HTG 148.981621
HUF 353.999702
IDR 20464.021049
ILS 3.411108
IMP 0.865302
INR 108.229757
IQD 1496.29524
IRR 1571081.457826
ISK 144.000278
JEP 0.865302
JMD 179.484002
JOD 0.80956
JPY 184.911459
KES 147.83728
KGS 99.848573
KHR 4578.515147
KMF 493.246501
KPW 1027.597283
KRW 1766.102258
KWD 0.353459
KYD 0.949892
KZT 553.443987
LAK 25565.32623
LBP 102073.805207
LKR 383.275003
LRD 207.449045
LSL 18.748189
LTL 3.371363
LVL 0.690648
LYD 7.323083
MAD 10.715585
MDL 20.147224
MGA 4850.405731
MKD 61.625518
MMK 2397.32604
MNT 4087.469212
MOP 9.208075
MRU 45.842385
MUR 53.936843
MVR 17.651743
MWK 1983.261748
MXN 19.956582
MYR 4.63572
MZN 72.902063
NAD 18.747865
NGN 1575.819726
NIO 41.947931
NOK 11.346799
NPR 172.329828
NZD 2.022031
OMR 0.439001
PAB 1.13989
PEN 3.89683
PGK 5.004367
PHP 69.791523
PKR 316.96457
PLN 4.288561
PYG 6941.28741
QAR 4.162336
RON 5.241909
RSD 117.367569
RUB 87.917037
RWF 1673.305023
SAR 4.287701
SBD 9.208456
SCR 15.322575
SDG 685.631614
SEK 11.095449
SGD 1.476434
SHP 0.85245
SLE 28.316491
SLL 23942.440684
SOS 652.525787
SRD 42.810257
STD 23632.423089
STN 24.487117
SVC 9.973666
SYP 126.20271
SZL 18.842173
THB 38.00339
TJS 10.566448
TMT 4.007628
TND 3.363953
TOP 2.749119
TRY 53.263204
TTD 7.748855
TWD 36.400795
TZS 2997.161032
UAH 51.156838
UGX 4177.765497
USD 1.141774
UYU 45.86587
UZS 13737.652333
VES 710.461668
VND 30017.246744
VUV 136.075843
WST 3.175141
XAF 655.606345
XAG 0.01962
XAU 0.000285
XCD 3.085702
XCG 2.054301
XDR 0.815364
XOF 655.606345
XPF 119.331742
YER 272.425469
ZAR 18.776992
ZMK 10277.333557
ZMW 20.636962
ZWL 367.650864
  • CMSD

    0.1300

    21.9

    +0.59%

  • GSK

    0.3100

    52.81

    +0.59%

  • CMSC

    0.1300

    22.06

    +0.59%

  • BCE

    -0.6600

    22.26

    -2.96%

  • AZN

    2.5400

    190.95

    +1.33%

  • NGG

    0.7500

    83.76

    +0.9%

  • RBGPF

    0.2000

    61.5

    +0.33%

  • BTI

    -0.0200

    62.74

    -0.03%

  • RIO

    0.5500

    94.29

    +0.58%

  • JRI

    0.0700

    12.86

    +0.54%

  • BCC

    -1.7600

    79.26

    -2.22%

  • RELX

    -0.0500

    31.29

    -0.16%

  • RYCEF

    0.0000

    18.75

    0%

  • VOD

    -0.2000

    13.69

    -1.46%

  • BP

    0.2200

    37.35

    +0.59%

Trump hails Central Asia's 'unbelievable potential' at summit
Trump hails Central Asia's 'unbelievable potential' at summit / Photo: Mandel NGAN - AFP

Trump hails Central Asia's 'unbelievable potential' at summit

US President Donald Trump hosted all five Central Asian leaders on Thursday for the first time, a few months after they held separate summits with Russia's Vladimir Putin and China's Xi Jinping.

Text size:

The West has upped its interest with the resource-rich region, where Moscow's traditional influence has been questioned since the Kremlin's Ukraine invasion and where China is also a major player.

- 'Incredible importance' of rare earths -

"We're strengthening our economic partnerships, improving our security cooperation, and expanding our overall bonds," Trump said before a dinner with the leaders of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.

"One of the key items on our agenda is critical minerals," Trump said at the so-called "C5+1" meeting.

He hailed the countries' "incredible importance and unbelievable potential."

On social media afterward, Trump announced "an incredible Trade and Economic Deal" with Uzbekistan, which he said included Tashkent investing nearly $35 billion over three years -- and more than $100 billion in a decade -- in key US sectors such as aviation, critical minerals, agriculture and IT.

The United States and European Union are drawn by the region's huge -- but still mostly unexploited -- natural resources as they try to diversify their rare earths supplies and reduce dependence on Beijing.

Kazakhstan is the world's largest uranium producer, Uzbekistan has giant gold reserves and Turkmenistan is rich in gas. Mountainous Kyrgyzstan and Tajikistan are also opening up new mineral deposits.

But exploiting these giant reserves remains complicated in the impoverished states with harsh and remote terrains.

Almost as large as the EU, but home to only about 75 million people, Central Asia is landlocked and covered by deserts and mountains.

It is sandwiched between countries that have strained ties with the West: Russia to the north, China to the east and Iran and Afghanistan to the south.

- 'Sent by heaven' -

Trump's counterparts did not hesitate in offering praise to their host.

"You are the great leader, statesman, sent by heaven to bring (back) common sense and traditions that we all share and value," gushed Kazakh President Kassym-Jomart Tokayev.

Uzbek President Shavkat Mirziyoyev was no less effusive.

"Before that, none of the presidents of the United States of America ever treated Central Asia as you do," he said.

"In Uzbekistan, we call you the president of the world."

The five landlocked countries, which gained independence from the Soviet Union in 1991, have put on a united front for diplomacy.

China -- which shares borders with Kazakhstan, Kyrgyzstan and Tajikistan -- has presented itself as a main commercial partner for the region, investing in huge infrastructure projects.

The ex-Soviet republics still see Moscow as a strategic partner but have been spooked by its invasion of Ukraine.

- Abraham Accords -

The biggest announcement of the day was that Kazakhstan will join the Abraham Accords between Israel and mainly Muslim nations, in a largely symbolic move aimed at boosting Trump's push for Middle East peace.

Kazakhstan will be the first country to join since the United Arab Emirates, Bahrain, Morocco and Sudan signed up to normalize ties with Israel in 2020.

The central Asian republic has already had diplomatic ties with Israel for decades, but US Vice President JD Vance said Kazakhstan's decision would nevertheless boost the initiative's "momentum."

Several states in the Middle East have refused to join the accords so far, most notably Saudi Arabia.

- Muffled human rights -

For Trump, who has expressed admiration for hardline regimes, economic cooperation with Central Asia has taken precedence over promoting democratic values.

While the region has opened up to tourism and foreign investment, rights groups have sounded the alarm over the further deterioration of civil freedoms.

"The summit is taking place while all participating governments have increased efforts to stifle dissent, silence the media, and retaliate against critics at home and abroad," Human Rights Watch said in a statement ahead of the talks.

J.Chacko--DT