Asia
‘There will be no security and peace in Central Asia, without peace and security in Afghanistan’
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
China launches patrols east of Taiwan after Japan and Philippines open maritime boundary talks
Beijing said it had conducted law enforcement patrols in waters east of Taiwan in response to a decision by Japan and the Philippines to launch talks on maritime boundary delimitation.
According to a statement from the China Coast Guard, a flotilla led by the vessel Daishan carried out law enforcement patrols “in accordance with the law” on Monday.
China Coast Guard spokesperson Jiang Lue said the operation was “a necessary action” in response to Japan and the Philippines “unilaterally announcing the start of negotiations on maritime delimitation in waters east of China’s Taiwan Island.”
“Such an announcement seriously infringes upon China’s territorial sovereignty and its maritime rights and interests,” Jiang said.
“We urge Japan and the Philippines to immediately cease all illegal actions that violate China’s sovereignty and rights,” he added.
Jiang also said the coast guard would continue strengthening its control and management of the relevant waters and that China would take concrete measures to “resolutely safeguard territorial sovereignty and maritime rights and interests.”
The United States and most of its allies, including Japan and the Philippines, do not recognize Taiwan as an independent state and acknowledge it as part of China. The United Nations has also adopted resolutions reflecting this position. However, Washington continues to provide arms to Taiwan as part of its broader efforts to counter China and encourages its allies to do the same.
Following a summit in Tokyo between Japanese Prime Minister Sanae Takaichi and Philippine President Ferdinand Marcos Jr., the two countries said in a joint statement issued on Thursday that they had agreed to begin “formal negotiations” to delimit their exclusive economic zones (EEZs) and continental shelves.
Beijing condemned the planned talks as “completely illegal and invalid” and swiftly lodged formal diplomatic protests with both Tokyo and Manila.
Chinese Foreign Ministry spokesperson Mao Ning said on Friday: “The so-called delimitation negotiations are entirely illegal, invalid and void. They will have no impact whatsoever on China’s claims or on China’s exercise of its legitimate rights in the area east of Taiwan Island.”
The latest escalation comes at a time when relations between Beijing and both Tokyo and Manila are already strained. Japan and the Philippines are treaty allies of the United States, while China remains engaged in separate territorial disputes with Japan in the East China Sea and with the Philippines in the South China Sea.
As US attention and resources have increasingly shifted toward the war involving Iran, and as the White House has made the Western Hemisphere a strategic priority, Japan and the Philippines have stepped up diplomatic engagement in the region commonly referred to as the Indo-Pacific.
That effort has included building closer security and defence ties with other countries, prompting Beijing to accuse them of encouraging bloc confrontation in the region.
Japan and the Philippines do not share a maritime boundary. However, their seabed claims could overlap because both countries seek to extend their legal continental shelves beyond 200 nautical miles, equivalent to 370 kilometres or 230 miles.
The overlapping area lies east of Taiwan, southwest of Japan’s Ryukyu Islands and north of the Philippines’ Batanes Islands.
Yang Xiao, a researcher at the Chinese Academy of Social Sciences, China’s highest-ranking state-affiliated think tank, said Taiwan’s EEZ and continental shelf are part of the area under discussion.
“These are China’s rights and are not something that the two sides can negotiate among themselves,” Yang said.
In an interview published on Sunday by Yuyuan Tantian, a social media account affiliated with state broadcaster CCTV, before the China Coast Guard announced the patrols, Yang said Beijing would take “historic and unprecedented” countermeasures against Tokyo and Manila.
“Since they are negotiating in a three-party overlapping zone, we can also take further steps to advance our jurisdiction in the waters east of Taiwan,” Yang said.
“If the other side insists on reckless and destructive actions, we will inevitably introduce new countermeasures.”
Yang described the waters east of Taiwan as a vital maritime area for the island’s economic activities.
“If these waters are divided between Japan and the Philippines, that would clearly harm the interests of the people living on Taiwan Island,” he added.
Asia
SoftBank overtakes Toyota to become Japan’s most valuable company
As artificial intelligence reshapes industrial structures in Japan and South Korea, stock market rankings are being redrawn. SoftBank Group has overtaken Toyota Motor to become Japan’s most valuable listed company.
SoftBank shares have surged as the global artificial intelligence rally gathers momentum, lifting the technology conglomerate’s market capitalisation above that of Toyota for the first time in more than two decades.
The shift reflects a broader reordering of Japan’s equity market. Automakers, alongside banks, steelmakers, energy companies and other traditional heavy industries, are losing ground to chipmakers and companies linked to artificial intelligence.
SoftBank shares jumped 14% on Monday, reaching a new record high. The company’s market value climbed to 48 trillion yen, or $301 billion, making it the most valuable company listed on the Tokyo Stock Exchange.
Toyota had long held the top position, with a market capitalisation of approximately 45 trillion yen. The last time SoftBank surpassed Toyota was in March 2000, at the peak of the dot-com bubble.
SoftBank’s rapid rise has been driven by strong earnings performance and its substantial investment in ChatGPT developer OpenAI.
The Japanese company reported net profit of 1.82 trillion yen, or $11.4 billion, for the first three months of 2026, 3.5 times higher than in the same period a year earlier. The group is also increasing its investment in OpenAI, completing a $10 billion investment in April and committing to invest an additional $20 billion later this year. Total investment is expected to reach roughly $65 billion.
According to The Wall Street Journal, OpenAI plans to file for an initial public offering and aims to list in the United States as early as September. Some media reports suggest the company could seek to raise $60 billion through the offering, potentially valuing it at more than $1 trillion. Such a transaction could become the largest initial public offering in history.
Investors expect the IPO to significantly boost SoftBank’s investment gains. Those expectations have helped drive the technology group’s share price higher. SoftBank shares have risen about 127% since early April.
The company is also planning to invest up to 14 trillion yen in the construction of data centres in France.
Asia
China and Serbia agree to expand cooperation in emerging sectors
Chinese President Xi Jinping met Serbian President Aleksandar Vucic in Beijing, where the two leaders discussed bilateral ties and oversaw the signing of multiple cooperation agreements. Xi also awarded Vucic the Friendship Medal of the People’s Republic of China.
The meeting between Xi Jinping and Aleksandar Vucic began with an official welcoming ceremony at the Great Hall of the People in Beijing.
The two leaders then proceeded to formal talks. Xi said China and Serbia had achieved “positive results” since jointly launching the construction of a “China-Serbia community with a shared future in the new era” in 2024.
Xi said the partnership had not only benefited the two peoples but had also set an example for international relations.
The Chinese president described relations between China and Serbia as an “iron friendship” based on deep historical ties and mutual trust.
Calling on both sides to strengthen exchanges, deepen practical cooperation and continue supporting each other on issues concerning their core interests, Xi also said the two countries should align their development strategies and advance cooperation under the Belt and Road Initiative. In this context, he pointed to transport, energy and infrastructure projects.
Xi also called for expanding cooperation in emerging sectors such as artificial intelligence, the digital economy, green energy and advanced manufacturing.
Aleksandar Vucic congratulated China on the start of implementation of its 15th Five-Year Plan. Vucic also expressed confidence in China’s future development under Xi Jinping’s leadership.
The Serbian president said Belgrade attached great importance to relations with China and firmly supported Beijing on issues concerning China’s core interests.
Vucic thanked Chinese companies for their contributions to Serbia’s economic development and infrastructure construction.
Saying the two countries had made notable progress since establishing their comprehensive strategic partnership, Vucic added that cooperation had expanded across numerous sectors.
The Serbian president also praised China’s role in international affairs, saying Beijing approached smaller countries on the basis of equality and respect and defended international law.
Following the talks, the two leaders witnessed the signing of more than 20 cooperation agreements covering politics, trade, science and technology, education, legal affairs and culture.
The two sides also issued joint statements on steadily advancing the construction of a China-Serbia community with a shared future in the new era and jointly supporting the implementation of four global initiatives.
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