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

USD -
AED 3.672502
AFN 66.402915
ALL 83.761965
AMD 382.479948
ANG 1.789982
AOA 917.000201
ARS 1450.762623
AUD 1.544903
AWG 1.805
AZN 1.701421
BAM 1.695014
BBD 2.010894
BDT 121.852399
BGN 1.694604
BHD 0.376964
BIF 2945.49189
BMD 1
BND 1.302665
BOB 6.907594
BRL 5.350298
BSD 0.998384
BTN 88.558647
BWP 13.433114
BYN 3.402651
BYR 19600
BZD 2.007947
CAD 1.412445
CDF 2149.99973
CHF 0.80729
CLF 0.024051
CLP 943.5053
CNY 7.11935
CNH 7.12591
COP 3784.2
CRC 501.791804
CUC 1
CUP 26.5
CVE 95.850071
CZK 21.099704
DJF 177.785096
DKK 6.47216
DOP 64.236284
DZD 130.473892
EGP 47.294756
ERN 15
ETB 153.291763
EUR 0.86677
FJD 2.28685
FKP 0.766404
GBP 0.76225
GEL 2.705007
GGP 0.766404
GHS 10.944975
GIP 0.766404
GMD 73.000027
GNF 8666.525113
GTQ 7.6608
GYD 209.15339
HKD 7.77501
HNL 26.251771
HRK 6.529199
HTG 130.6554
HUF 334.857498
IDR 16710
ILS 3.266415
IMP 0.766404
INR 88.63245
IQD 1307.95197
IRR 42112.495602
ISK 126.719609
JEP 0.766404
JMD 160.148718
JOD 0.70899
JPY 153.162497
KES 128.989835
KGS 87.450154
KHR 4007.27966
KMF 421.000135
KPW 900.033283
KRW 1455.925043
KWD 0.30695
KYD 0.832073
KZT 525.442751
LAK 21688.845749
LBP 89406.213032
LKR 304.463694
LRD 182.946302
LSL 17.350557
LTL 2.95274
LVL 0.60489
LYD 5.459044
MAD 9.311066
MDL 17.092121
MGA 4502.259796
MKD 53.325591
MMK 2099.044592
MNT 3585.031206
MOP 7.994609
MRU 39.945401
MUR 45.949817
MVR 15.40501
MWK 1731.225057
MXN 18.582475
MYR 4.174987
MZN 63.959675
NAD 17.350557
NGN 1435.980294
NIO 36.7374
NOK 10.21145
NPR 141.508755
NZD 1.778663
OMR 0.384504
PAB 0.999779
PEN 3.371567
PGK 4.273464
PHP 59.108498
PKR 282.311102
PLN 3.683998
PYG 7072.751145
QAR 3.643566
RON 4.408202
RSD 101.591989
RUB 81.24968
RWF 1450.689639
SAR 3.75059
SBD 8.230592
SCR 14.004029
SDG 600.499624
SEK 9.58305
SGD 1.305145
SHP 0.750259
SLE 23.196236
SLL 20969.499529
SOS 570.604013
SRD 38.503502
STD 20697.981008
STN 21.232987
SVC 8.735857
SYP 11056.895466
SZL 17.336517
THB 32.401501
TJS 9.227278
TMT 3.5
TND 2.959939
TOP 2.342104
TRY 42.197505
TTD 6.76509
TWD 30.985799
TZS 2460.000261
UAH 42.011587
UGX 3491.096532
UYU 39.813947
UZS 11951.241707
VES 227.27225
VND 26310
VUV 122.169446
WST 2.82328
XAF 568.486781
XAG 0.020726
XAU 0.000251
XCD 2.70255
XCG 1.799344
XDR 0.707015
XOF 568.486781
XPF 103.357874
YER 238.496211
ZAR 17.389925
ZMK 9001.196752
ZMW 22.588431
ZWL 321.999592
  • RBGPF

    0.0000

    76

    0%

  • NGG

    0.9200

    76.29

    +1.21%

  • VOD

    0.0700

    11.34

    +0.62%

  • GSK

    0.4100

    47.1

    +0.87%

  • BP

    0.1400

    35.82

    +0.39%

  • CMSC

    -0.0500

    23.78

    -0.21%

  • RYCEF

    -0.3000

    14.8

    -2.03%

  • BTI

    0.3300

    54.21

    +0.61%

  • AZN

    2.6200

    83.77

    +3.13%

  • RIO

    0.2100

    69.27

    +0.3%

  • JRI

    -0.0200

    13.75

    -0.15%

  • CMSD

    0.0000

    24.01

    0%

  • RELX

    -1.1900

    43.39

    -2.74%

  • SCS

    -0.1700

    15.76

    -1.08%

  • BCC

    -0.6500

    70.73

    -0.92%

  • BCE

    0.7800

    23.17

    +3.37%

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