The China Mail - Trump hails Central Asia's 'unbelievable potential' at summit

USD -
AED 3.6725
AFN 65.999855
ALL 79.791817
AMD 363.797731
ANG 1.789783
AOA 917.000303
ARS 1495.000796
AUD 1.413258
AWG 1.8
AZN 1.713757
BAM 1.685279
BBD 2.014312
BDT 122.212456
BGN 1.696366
BHD 0.37715
BIF 2989.310964
BMD 1
BND 1.276583
BOB 11.555778
BRL 5.203896
BSD 1.000134
BTN 95.716237
BWP 13.507738
BYN 3.041998
BYR 19600
BZD 2.011383
CAD 1.387295
CDF 2269.999589
CHF 0.81016
CLF 0.02353
CLP 926.070179
CNY 6.743302
CNH 6.73971
COP 3104.87
CRC 447.54835
CUC 1
CUP 26.5
CVE 95.012214
CZK 20.82155
DJF 178.088743
DKK 6.44197
DOP 58.758143
DZD 132.884026
EGP 50.700201
ERN 15
ETB 163.359111
EUR 0.861702
FJD 2.208952
FKP 0.738395
GBP 0.737695
GEL 2.605015
GGP 0.738395
GHS 11.125807
GIP 0.738395
GMD 74.000063
GNF 8787.326535
GTQ 7.631759
GYD 209.237901
HKD 7.841675
HNL 26.815849
HRK 6.4933
HTG 130.81205
HUF 314.09899
IDR 17832.55
ILS 2.98725
IMP 0.738395
INR 95.69735
IQD 1310.188536
IRR 1374575.000157
ISK 122.53065
JEP 0.738395
JMD 158.032606
JOD 0.708984
JPY 159.088982
KES 129.490079
KGS 87.450263
KHR 4043.876883
KMF 426.000497
KPW 900.000294
KRW 1391.209772
KWD 0.30859
KYD 0.83342
KZT 461.963991
LAK 22523.038745
LBP 89559.04338
LKR 330.989556
LRD 181.522076
LSL 16.249004
LTL 2.95274
LVL 0.60489
LYD 6.365168
MAD 9.273223
MDL 17.247441
MGA 4310.043988
MKD 53.019336
MMK 2099.245957
MNT 3597.150887
MOP 8.077223
MRU 40.013098
MUR 46.979735
MVR 15.460291
MWK 1734.185232
MXN 17.036499
MYR 4.057696
MZN 63.905014
NAD 16.249004
NGN 1351.049858
NIO 36.801675
NOK 9.40135
NPR 153.14945
NZD 1.700725
OMR 0.384502
PAB 1.000134
PEN 3.367814
PGK 4.429853
PHP 61.823
PKR 277.559111
PLN 3.72623
PYG 6016.268569
QAR 3.64621
RON 4.521012
RSD 101.154979
RUB 85.000043
RWF 1473.649743
SAR 3.756199
SBD 8.025811
SCR 13.723978
SDG 601.501907
SEK 9.511695
SGD 1.276215
SHP 0.740866
SLE 24.649693
SLL 20969.499227
SOS 571.546744
SRD 37.966971
STD 20697.981008
STN 21.110771
SVC 8.751136
SYP 13001.999906
SZL 16.253711
THB 33.067034
TJS 9.225924
TMT 3.5
TND 2.923
TOP 2.40776
TRY 47.937402
TTD 6.783882
TWD 31.953299
TZS 2647.725996
UAH 44.716187
UGX 3730.144027
UYU 40.085479
UZS 11801.606177
VES 771.57685
VND 26180.5
VUV 118.215486
WST 2.715898
XAF 565.226795
XAG 0.015695
XAU 0.000229
XCD 2.70255
XCG 1.802445
XDR 0.707052
XOF 565.219489
XPF 102.764278
YER 237.102795
ZAR 16.24423
ZMK 9001.200857
ZMW 18.726547
ZWL 321.999592
  • RYCEF

    -0.2500

    20.81

    -1.2%

  • CMSC

    0.0750

    21.315

    +0.35%

  • NGG

    -0.3900

    81.76

    -0.48%

  • BCC

    2.4500

    82.63

    +2.97%

  • JRI

    0.1200

    12.56

    +0.96%

  • RIO

    2.8000

    99.49

    +2.81%

  • BCE

    0.3150

    23.675

    +1.33%

  • AZN

    4.6100

    164.71

    +2.8%

  • VOD

    0.0600

    16.19

    +0.37%

  • RELX

    0.2600

    34.77

    +0.75%

  • BP

    0.6500

    44.06

    +1.48%

  • CMSD

    0.0750

    21.165

    +0.35%

  • RBGPF

    0.3500

    69

    +0.51%

  • BTI

    -0.5750

    55.805

    -1.03%

  • GSK

    1.2200

    52.37

    +2.33%

Trump hails Central Asia's 'unbelievable potential' at summit
Trump hails Central Asia's 'unbelievable potential' at summit / Photo: © 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.

A.Kwok--ThChM