Uzbekistan's Ban On Sale Of Foreign Banknotes Signals Upcoming Devaluation Of Uzbek Currency
by Nargiza Majidova (03/06/2013 issue of the CACI Analyst)
Starting from February 1, 2013, a ban on purchasing cash in foreign currency was introduced in Uzbekistan. From now on foreign currency banknotes can be obtained only through non-cash operations as a prepayment order on the bank account. On February 4, regional mass media reported that Uzbekistan’s government was ordered to reduce the quantity of imported goods, and to substitute these with locally produced ones. These currency regulations of Uzbekistan’s National Bank could signal an upcoming devaluation of Uzbekistan’s currency. An alternative interpretation is that the measure aims to preserve Uzbekistan’s hard currency reserves and to protect the business interest of local entrepreneurs.
CACI Analyst, February 20, 2013
Uzbekistan Without The CSTO
by Farkhod Tolipov (02/20/2013 issue of the CACI Analyst)
On December 19, 2012, the summit of the Collective Security Treaty Organization adopted a decision according to which Uzbekistan de facto completely ceased its membership in this organization. It seems that such a decision is to the mutual disadvantage of both Uzbekistan and the CSTO. Uzbekistan lost one important, albeit weak, multilateral platform for international engagement; the CSTO lost one important, albeit stubborn, member. The strategic and geopolitical situation in Central Asia became even more uncertain than has so far been the case. Uzbekistan’s bilateralism cannot be a panacea in face of security challenges, while the CSTO’s multilateralism, in turn, cannot be efficient in the region without Uzbekistan.
NEW GASOLINE SHORTAGES IN UZBEKISTAN
By Erkin Akhmadov (11/28/2012 issue of the CACI Analyst)
Uzbekistan's capital and many districts are suffering from yet another fuel crisis. Fuel shortages have become a regular occurrence in Uzbekistan since 2010. Severe shortages of gasoline in Tashkent were reported on November 13-14, two weeks earlier than last year. Car drivers queue for several hours to fill up their tanks, and are sometimes forced to wait through the night. No official explanations are given for the massive fuel shortages, leaving those affected to speculate on the reasons for their troubles.
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Staff Publications
Silk Road Paper S. Frederick Starr, U.S. Policy in Central Asia through Central Asian Eyes, May 2023.
Analysis Svante E. Cornell, "Promise and Peril in the Caucasus," AFPC Insights, March 30, 2023.
Oped S. Frederick Starr, Putin's War In Ukraine and the Crimean War), 19fourtyfive, January 2, 2023
Oped S. Frederick Starr, Russia Needs Its Own Charles de Gaulle, Foreign Policy, July 21, 2022.
Silk Road Paper S. Frederick Starr, Rethinking Greater Central Asia: American and Western Stakes in the Region and How to Advance Them, June 2022
Oped Svante E. Cornell & Albert Barro, With referendum, Kazakh President pushes for reforms, Euractiv, June 3, 2022.
Oped Svante E. Cornell Russia's Southern Neighbors Take a Stand, The Hill, May 6, 2022.
Silk Road Paper Johan Engvall, Between Bandits and Bureaucrats: 30 Years of Parliamentary Development in Kyrgyzstan, January 2022.
Oped Svante E. Cornell, No, The War in Ukraine is not about NATO, The Hill, March 9, 2022.
Analysis Svante E. Cornell, Kazakhstan’s Crisis Calls for a Central Asia Policy Reboot, The National Interest, January 34, 2022.
Book S. Frederick Starr and Svante E. Cornell, Strong and Unique: Three Decades of U.S.-Kazakhstan Partnership, Central Asia-Caucasus Institute, December 2021.
Silk Road Paper Svante E. Cornell, S. Frederick Starr & Albert Barro, Political and Economic Reforms in Kazakhstan Under President Tokayev, November 2021.