By Tony Pizur
June 14th, 2016, The CACI Analyst
After the ruble crashed in 2014, the Kyrgyz Central Bank (KCB) prevented Kyrgyzstan’s national currency, the som, from depreciating in tandem with the Russian currency. Given Kyrgyzstan’s ascension into the Eurasian Economic Union (EEU) and the country’s heavy reliance on remittances from expatriates living in Russia, the KCB’s decision to maintain a relatively strong Kyrgyz currency seems counterintuitive. However, the stable som policy is predicated on long-term structural changes in trade patterns toward China. With the Chinese currency tied to the U.S. dollar, the decision to keep the som stable is based more on central bank policies in Washington and Beijing than in Moscow.
By Farkhod Tolipov
June 2nd, 2016, The CACI Analyst
A few weeks before the April 2-5 fighting over Nagorno-Karabakh between Azerbaijan and Armenia, a border crisis occurred between Uzbekistan and Kyrgyzstan on March 18-26. Some observers connected these two events as links in the same chain. Indeed, both cases revolve around so-called frozen conflicts in the post-Soviet space; where one of the conflicting sides is a CSTO member and the other is not; and where speculations proliferate of a hidden Russian hand in both the instigation and mediation of the clashes. The two conflicts can be seen as a by-product of the same process – the continuing divergence of the former single Soviet space.
By Roger N. McDermott
May 31st, 2016, The CACI Analyst
Russia’s Armed Forces are conducting a series of exercises in Central Asia ostensibly designed to reassure regional allies that Moscow will assist in the face of an insurgency or incursion led by the Taliban or the terrorist organization calling itself the Islamic State (ISIS). However, these exercises are increasingly demonstrating the Kremlin’s intention to reassert Russia’s security role in Central Asia, while some features of such military exercises are also betraying increasingly sophisticated Russian technology and warfare capabilities, and consequently a widening gap with the country’s allies in the Collective Security Treaty Organization (CSTO).
By Arslan Sabyrbekov
May 6th, the CACI Analyst
On April 11, Kyrgyzstan’s prime minister officially announced his decision to step down amidst allegations of corruption. Temir Sariev, who has headed the Kyrgyz executive for less than a year, became the 26th Kyrgyz prime minister to leave his post since the country’s independence.
By Stephen Blank
May 9th, 2016, The CACI Analyst
China has steadfastly refused to get involved in providing hard, i.e. military, security to Central Asian governments, including Afghanistan. This might now be changing. In a March visit to Kabul, General Fang Fenghui, Chief of Staff of the PLA, announced plans to set up an anti-terror regional alliance with Pakistan, Afghanistan, and Tajikistan. President Ashraf Ghani of Afghanistan reportedly endorsed this proposal. China’s initiative could imply a major new development in Chinese policy and in Central Asia’s overall security, with lasting implications for the region.
The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.