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‘There will be no security and peace in Central Asia, without peace and security in Afghanistan’

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Khusrav Noziri, Secretary General of the Economic Cooperation Organisation (ECO), told Harici: “Afghanistan is not only the security concern for Tajikistan but for the whole region, for the whole Central Asia because the Central Asian countries consider the security of Afghanistan as the security of the Central Asia.”

Established in 1985 with Turkey, Pakistan, Iran, Afghanistan, Azerbaijan, Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan as members, and the Turkish Republic of Northern Cyprus (TRNC) as an observer, ECO is an economically-oriented regional organisation with a population of some 450 million.

Established with the aim of developing regional economic cooperation, ECO enables the implementation of regional cooperation projects in the fields of trade, transport, agriculture, energy, environment, health, industry, finance and economy.

Khusrav Noziri, who has been Secretary General of ECO since 2021, has held senior positions such as Deputy Minister of Foreign Affairs in Tajikistan, as well as diplomatic posts in many countries, including Tajikistan’s embassies in Egypt, the Republic of South Africa and China. In 2021, he was awarded the “20th Anniversary of the Shanghai Cooperation Organisation” medal for his contribution to the establishment and development of the Shanghai Cooperation Organisation (SCO).

Ambassador Khusrav Noziri, Secretary General of ECO, answered our questions about the organisation’s goals, upcoming projects and trade cooperation in Central Asia.

The fact that the Middle Corridor continues to move forward despite obstacles is seen as a symbol of the South Caucasus-Central Asia region’s desire for political and economic autonomy. How do you assess the approach of major powers such as China and Russia to this issue?

Middle Corridor is one of the major corridors in the territory of the Economic Cooperation Organization (ECO) and as you know, we have established the Coordination Committee between ECO and United Nations Economic Committee for Europe (UNEC). In this framework, we are discussing how to better implement this project and realization of this corridor. This corridor is of high importance for our region because from the East, it connects our region to China, one of the most important countries in the world, and also, from the West to Europe. And this issue was also raised in Antalya Diplomacy Forum; it was highlighted that due to some events happening in the eastern part of Europe, the northern corridor has some difficulties. So now, we focus on how to better use of the potential which the Middle Corridor possesses, which cross through the ECO region.

Despite Western pressure, the Economic Cooperation Organization refuses to join the sanctions targeting Russia. How do you assess Washington’s measures on secondary sanctions?

As ECO, we agreed among the member states, not to raise political issues and focus only on the issues of economic cooperation and integration among ten member states.  But of course, it is sovereign right of every member state what to decide and whether to implement sanction or not. But what we are doing in our organization is that we have a target set, goals set in trade and transport, connectivity, energy, environment etc. We are now, according to our basic strategic document which is Vision 2025, implementing our projects, in all our priority areas. But, of course, we understand that these sanctions which are enforced against one of our key member states, of course, has negative consequences on our agenda of regional economic cooperation. We understand it. But, nevertheless, we are trying our best to overcome these difficulties and move towards closer cooperation economically and for closer integration in all our priority areas.

Can you give us some details about the remarkable goals which take place in your strategy document, Vision 2025?

According to our basic strategy document which is Vision 2025, we set a target to double our intra-regional trade. If we compare the level of our cooperation in the area of trade, we can see that the amount of our regional trade which is now 9% of from our global trade is much less if we compare with the similar level from other regional economic blocks and organizations. So, that’s why we set the target to double our intra-regional trade. We have two tracks on this. The first is to increase the share of contribution of our organization to the global trade. In 2022, for the first time we, as ECO members, crossed the mark of 1 trillion USD which is about 4% of the global trade. We want to increase our share and our contribution to the global trade. Secondly, we also simultaneously set a target to increase our intra-regional trade, the trade which we have inside the region among the member states. Because if we analyze the trade we can see that many items and commodities could be imported from within the ECO, instead of importing them from outside the block. So, in this regard, we have a huge potential. The second priority area is on transport and communication. In transport and communication, we have many success stories and we already discussed Trans-Caspian Middle Corridor. And also, we have again reactivated the corridor which is called ITI (Islamabad-Tehran-Istanbul) which starts from Islamabad and goes through Tehran and ends in Istanbul. If we compare it with the relevant sea corridor, it will be less expensive and time saving. Now, we are discussing with the Bulgarian companies to extend this corridor to Bulgaria which will eventually connect the South Asia by railway for the first time to Europe. So, it’s another major corridor in our region. Also, we are in the last ministerial meeting on transport which was held in Tashkent last year, we initiated two new corridors, multimodal corridors, which are called TUTIT and KUTIT. TUTIT is abbreviation for Tajikistan, Uzbekistan, Turkmenistan, Iran and Türkiye. KUTIT is for Kyrgyzstan, Uzbekistan, Turkmenistan, Iran and Türkiye. Both are plus China. These two corridors are multimodal corridors. In last September, we had the first meeting of the working group in Dushanbe and now we are discussing when we should have a test-run alongside the TUTIT multimodal corridor. 

Another project it is KTI which is Kazakhstan, Turkmenistan and Iran. During the summit which we held in Ashkabad, we agreed to commercialize this transport corridor. One of our targets in the area of transport and communication is to make our transport corridors economic and trade corridors and thus commercialize them. Also, we are developing our cooperation in the area of transport in the maritime cooperation because we have Caspian Sea and Persian Gulf in the south, these are important sea ports. Also, Gwadar sea port in Pakistan and also the important sea ports in Türkiye will be included in the project. Three of our countries in organization have access to the sea but the majority of them, remaining seven member states are landlocked countries. And in this regard, the issues related to increasing the potential of landlock countries and providing them the access to the sea through this echo-gates, is of great importance. 

Also, we have a good cooperation in the aviation sphere. In the last ministerial meeting on transport, we decided to grant ECO the status of a hub to Gabala of Azerbaijan and Samarkand of Uzbekistan. This status, which also we hope that, will increase the potential of landlock countries in attracting the business, investments and etc. 

Other top priority areas are energy and environment. On energy, I would like to say that we have two flagship important projects. The first one is the establishment of ECO Clean Energy Center in Baku. This is a joint project which is implemented together with United Nations Industrial Development Organization (UNIDO) and the initial phase of the establishment has been completed. Now, we are moving towards the implementation of the next stages of this project. We hope that during the next Conference on Parties 29 (COP29), which will be hosted by Azerbaijan, which is one of our important member states, we will succeed in inauguration of the ECO Clean Energy Center in Baku.

Another flagship program in energy sector is ECO-RAM. It’s a regional electricity market, now it’s at pilot stage. In this project, Türkiye and Iran, as neighboring countries are participating, with the potential involvement of Azerbaijan. But we think that this project has a prospect to be expanded because in our region, we have other countries which are rich in the natural resources and the production of electricity. Some of them are based on the fossils and some of them are based on electricity like Tajikistan and Kyrgyzstan. This cooperation is promising. 

Another area is environment. During the last COP in Dubai, we had the ministerial meeting on environment. In this meeting, we decided to have the first meeting of the high-level dialogue platform on environment cooperation in Samarkand, Uzbekistan. It’s a newly established mechanism in our organization.

The next priority area is tourism. Now, we are developing the concept of the tourism capitals of ECO. Now, we have six cities in this project. One of them is Erzurum of Türkiye. Next year, Erzurum will be announced as the tourism capital of ECO. In this regard, we are planning to convene major events in Erzurum. After Erzurum, it will be the turn of the Shusa. 

Last year, China organised a quintet summit in Xian that brought Central Asian countries together. How would you interpret China’s growing role in the region?

We understand that China plays a growing role in the ECO member states. That’s why ECO is interested in developing, strengthening and expanding relations with China. As you know, some significant number of ECO member states are the neighbors of China. Starting from Kazakhstan, Kirgizstan, Tajikistan and Pakistan are direct neighbors of China. ECO member states have significant and big projects, infrastructural projects etc. with China, which we consider that eventually could benefit ECO as well for increasing our economic cooperation and integration. So, China, for us, is an important trade partner, economic partner, investment partner. 

Some countries are pro-Chinese investments and some countries are feeling worried regarding the Chinese economic growth and being bounded to Belt and Road initiative and debts caused by that. What is the ECO’s position? 

If you look at the reality on the ground, I think all member states are welcoming the growing Chinese investments in their economies. We can see it on the ground in the forms of realization of the grand projects and different various areas.

You are not giving this interview on behalf of Tajikistan but if you allow me, I have some questions about your home country as well. We don’t know much about Tajikistan. We cannot speak much with Tajik politicians. It’s very hard to catch them and talk to them. We would like to know more about foreign policy of Tajikistan as according to the Tajikistan constitution it stressed upon a peaceful policy. What is that criteria and how it goes with the regional countries and beyond?

As Secretary General of Economic Cooperation Organization, of course, I cannot talk on behalf of Tajikistan, but I can say that Tajikistan is a very important and active member of our organization. Tajikistan hosted the summit of the organization, the Council of Ministers of the Organization several times. As you know, the Council is the highest decision and policymaking body in our organization. Tajikistan also participates in implementation of different regional projects in our organization. We value the participation of Tajikstan. In Antalya Diplomacy Forum, we once again met with the Foreign Minister of Tajikistan, Sirojiddin Muhriddin and had an exchange of views on the areas of cooperation and strengthening the role of Tajikistan and the activities.

Apparently, Tajikistan has a big issue with two of its neighbors and that’s are Kyrgyzstan and Afghanistan. What steps has been taken to normalize its ties or if there is any chance for improving of ties between those countries?

Again, I cannot speak on behalf of Tajikistan but what I know is that: Both Tajikistan and Kyrgyzstan are our members. We welcome the negotiation process which is going on between Tajikistan and Kyrgyzstan. We heard about the positive developments and the big area of the joint border between Kyrgyzstan and Tajikistan. I think, the delegations agreed on how to demarcate this border. There are positive steps and positive development in this area. Afghanistan also is the member state of ECO. Afghanistan is very important especially in terms of the transport and especially in the terms of energy because we have projects with regard to Afghanistan but because of this current situation and de-facto rulers in Afghanistan, many of our projects are now on-hold. But, we have special program for Afghanistan.

Can we say that this is also one of the biggest security concerns of Tajikistan, too? 

Afghanistan is not only the security concern for Tajikistan but for the whole region, for the whole Central Asia because the Central Asian countries consider the security of Afghanistan as the security of the Central Asia. It was stated several times by Central Asian leaders that there will be no security and peace, without peace and security in Afghanistan.

Do you refer to Afghanistan as a country or do you refer to this threat regarding the de-facto rule of Taliban?

I refer to Afghanistan as a country because this situation not started two years ago. It continues already more than 40 years. So, I’m referring to the country. Afghanistan is an important member of our organization but due to this this current situation, Afghanistan regrettably cannot officially attend in our meetings.

The US and China are interested in investing in Tajikistan. Which of them have invested more in Tajikistan and in which areas?

[Laughter] For the countries receiving investments, I think, there is not big difference in who is investing as long as the money flows. I think the countries are interested to increase these investments and increase the number of countries who are coming with the investment. So, I believe, this is a policy of Tajikistan as well.

Looking on the ground, which country is investing more?

According to the statistics which we have, of course, China is the major investor not only in Tajikistan but in all Central Asian countries and in Iran as well and in Pakistan as well. 

Is there anything that I didn’t ask you but you want to tell us?

There is one more priority area which I haven’t mentioned. It is human resources and sustainable development. In this regard, this year we are going to convene the first Forum on Sustainable Development in Arkadak, Turkmenistan, which is the new modern smart city. This year is of the chairmanship of Iran. Iran came with the theme of enhanced and resilient ECO region through intra-regional trade. Again, coming back the intra-regional trade is a top priority for our region. With this regard, we are taking necessary measures for our organization. We negotiated on The Economic Cooperation Organization Trade Agreement (ECOTA) and signed and ratified by five member states, which is the minimum for entering into force. But regrettably, this agreement remains non-operational due to the divergence in opinion among the parties on the articles related to the reduction of the tariffs. But, it is not the end of the story but we are now exploring other ways how to facilitate the trade in particular. There are draft trade facilitation strategy and draft trade facilitation agreement. 

Asia

Chinese Politburo signals cautious confidence as Beijing pivots toward targeted tech support

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The mid-year meeting of the Communist Party of China (CPC) Politburo has long served as a critical evaluation point for Beijing. The session provides the central government with an opportunity to review developments from the first half of the year and steer the country toward a more realistic economic course in the months ahead.

The latest statement from the top leadership signals cautious confidence. The release indicates that policymakers are favoring a stable, targeted approach over the broad-based stimulus measures that characterized previous years. As China manages its economic transition, the post-Covid era of aggressive spending has clearly drawn to a close. In its place, a strategic and structural approach has taken hold, prioritizing resilience and stability over short-term capital injections.

According to the outcomes of the Politburo meeting, the policy orientation will continue to target specific sectors. Financial support will be directed away from the property market and toward high-tech emerging industries such as artificial intelligence and semiconductors. In the real estate sector, the objective remains stabilizing market confidence and keeping debt risks under control.

Infrastructure investment is likewise being reshaped around the concept of “new infrastructure.” The focus is no longer solely on concrete and physical structures; smart power grids, information technology networks, and data infrastructure have taken precedence.

This approach signifies an investment in future competitiveness rather than simply pumping capital into the economy’s more stagnant sectors. Serving as a new driver of growth, digital infrastructure fulfills a dual purpose: supporting domestic demand in the short term while safeguarding technological competitiveness over the long term.

Finally, Beijing is signaling a more conciliatory posture in international trade. The Chinese leadership aims to establish a more balanced trade framework to mitigate concerns voiced by trade partners such as the European Union over what has been termed “China Shock 2.0.”

As the administration prepares for critical leadership changes next year, its primary focus will remain on stability across both economic and social spheres.

China continues to strike a balance between realistic growth targets and systemic restructuring, maintaining policy leeway to absorb potential external shocks. Beijing’s economic strategy reflects a pragmatic assessment of both domestic and international challenges.

Struggling with weak demand, the domestic economy is not yet in a position to anchor national growth independently. Expansion continues to rely heavily on a record trade surplus alongside the impressive export performance of high-tech and clean energy sectors. However, this reliance has drawn pushback from several trading partners.

To stimulate domestic economic activity and ease trade tensions, Beijing unveiled its first standalone five-year plan focused on consumption. Released in July by the National Development and Reform Commission and the Ministry of Commerce, the plan targets an increase in retail sales to 60 trillion yuan (approximately $8.9 trillion) by 2030. This represents an increase of roughly 20% compared to 2025 levels.

To improve profit margins for small businesses, regulatory authorities are tackling the issue of “involution”—described as excessive internal competition—by curbing platform monopolies and preventing destructive price wars. While these structural adjustments may take longer to yield results, they are viewed as a more sustainable and effective alternative to direct cash handouts.

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Chinese chipmaker profits surge 2,500% on explosive AI computing demand

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Major Chinese microchip manufacturers saw their profits surge by 2,579.5% in the first half of 2026, driven by unprecedented demand for artificial intelligence and computing capacity.

Data from China’s National Bureau of Statistics, cited by the South China Morning Post (SCMP), underscored the industry’s sharp upward trajectory.

Yu Weining, senior statistician at China’s National Bureau of Statistics, explained that this surge is directly connected to the accelerating integration of artificial intelligence across various sectors.

Yu noted that this process has increased the need for computing capacity. The demand for computational processes also lifted profits across the entire electronics industry by 97% year-on-year.

Profits of major Chinese industrial enterprises with an annual revenue exceeding 20 million yuan ($2.9 million) rose 18.7% in the first six months of the year, reaching 4 trillion yuan.

In the first half of 2025, before the global data center construction process had begun, industrial profits had dropped by 1.8% to 3.4 trillion yuan, while profit growth in the electronics sector remained at 3.5%.

The SCMP reported that the global AI boom has generated explosive demand for high-performance computing systems and memory chips, causing a structural pivot in China’s industrial landscape.

Data showed that integrated circuit production in the first half of the year grew by 23% year-on-year to reach approximately 280 billion units.

This figure means that the country produced an average of more than 1.5 billion chips per day.

The profit growth is also corroborated by forecasts from China’s leading chipmakers. Shenzhen Longsys Electronics, one of the largest memory module manufacturers, expects its profits to increase by more than 600-fold in the first half of the year.

Flash memory maker GigaDevice projects that its net profit will surge by approximately 1,099% year-on-year due to supply shortages and rising product prices.

Chinese companies in the AI chip segment are also demonstrating strong profit growth, albeit at a more moderate pace compared to the memory market.

Hygon Information Technology, which develops central processing units and computing units for artificial intelligence, projects that its profits will rise by up to 52.3%.

CXMT hits record high on Shanghai Stock Exchange

Shares of Chinese chipmaker CXMT gained more than 500% on their first day of trading on the Shanghai Stock Exchange on July 27, jumping from 8.66 yuan to 55 yuan.

As a result of this sharp surge in its shares, CXMT’s market valuation reached 3.65 trillion yuan ($539 billion), making the company China’s most valuable publicly traded firm.

At the peak of the rally—even though quoted prices underwent a slight correction toward the close of the trading day—CXMT surpassed Tencent, which was trading on the Hong Kong Stock Exchange with a market capitalization of $514 billion.

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Massive student movement over exam leaks forces resignation of India’s education minister

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Indian public examination reform proposals follow education minister’s resignation after nationwide youth protests

India’s federal government introduced legislation in parliament on Monday to amend the law governing public examinations, days after the “Cockroach” movement forced the resignation of Education Minister Dharmendra Pradhan following nationwide youth protests.

The bill incorporates enhanced sanctions, including longer prison sentences and higher fines for those found responsible for exam leaks and irregularities.

The demonstrations are widely viewed as the most significant youth-led challenge faced by Prime Minister Narendra Modi since he took office in 2014.

What triggered the protests?

Nearly 2 million students took the National Eligibility cum Entrance Test (NEET), an undergraduate medical entrance examination, in May. The federal National Testing Agency cancelled the exam on May 12 following allegations that question papers had been leaked. The examination was re-administered on June 21.

Young people took to the streets to protest against examination fraud, youth unemployment, and a perceived lack of future prospects.

According to a BBC report, the unemployment rate among university and college graduates aged 15 to 25 in the country stands at a critically high level of 40%. The addition of corruption in public examinations to existing economic strain broke the patience of the youth.

Abhijeet Dipke, founder of the Cockroach Public Party (CJP) movement, led the protests.

The movement derived its name from remarks made in May by Supreme Court Judge Surya Kant, who used the terms “cockroach” and “parasite” in a derogatory reference to unemployed youth and protesters. Young demonstrators adopted the insult as a symbol and named their movement after it.

How the movement unfolded

Young protesters organized street demonstrations demanding the resignation of Education Minister Pradhan. Dipke, who initiated the movement in New Delhi, subsequently organized protests in other parts of the country.

Sonam Wangchuk, one of the protesters, began a hunger strike at the demonstration site in support of the movement. As his physical condition deteriorated, authorities forcibly transferred him to a hospital.

The reaction to Wangchuk’s forcible removal from the protest site caused crowds at the venue to expand rapidly.

Tens of thousands of protesters faced tear gas and baton charges by police while attempting to march on parliament. Some demonstrators engaged in clashes with law enforcement officers.

CJP leaders held talks with ministers from the Modi government, who requested time to evaluate the protesters’ demands internally.

Modi called for unity among lawmakers in the ruling coalition to implement strict measures against exam paper leaks, punish those responsible, and establish a secure, leak-proof system.

Opposition representatives led by Rahul Gandhi staged a sit-in at the entrance of Modi’s official residence demanding Pradhan’s resignation. They were briefly detained by police before being released.

Opposition lawmakers supporting the student protesters disrupted proceedings in parliament. Demonstrations expanded to other regions of the country, including the financial hub of Mumbai.

In his first direct statement regarding the protests, published in a post on X, Modi announced that special courts would be established to prosecute individuals involved in exam paper leaks. Protesters rejected the proposal.

Movement leaders held a second round of talks with the government after Wangchuk ended his 26-day hunger strike.

Following those discussions, the government requested time until the afternoon of the following day to respond to the demand for Pradhan’s resignation.

Education Minister Pradhan subsequently announced his resignation, stating that he was stepping down in light of the situation at the protest site and across the country, as well as to prevent “external forces” from exploiting the environment.

On July 26, Modi announced the creation of a task force headed by technology entrepreneur Nandan Nilekani to overhaul the country’s examination system.

On Monday, July 27, the government presented a bill to parliament proposing amendments to the law governing public examinations. The legislation introduces stiffer penalties for offenders, including extended prison terms and increased monetary fines.

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