Uzbekistan shares volume of gold, foreign exchange reserves

TASHKENT: Uzbekistan’s gold and foreign exchange reserves totaled $35.1 billion in April 2024, Trend reports.

According to data from the Central Bank of Uzbekistan, this indicator has increased by 2.9 percent over the month ($34.1 billion in March 2024).

Gold holds the majority of reserves, totaling $26.5 billion. Gold reserves increased by 4.7 percent over the month ($25.3 billion in March 2024).

According to the new figures, foreign currency assets totaled $8 billion in April.

Meanwhile, Uzbekistan’s gold and foreign exchange reserves rose from $1.66 billion in December 2023 to $34.56 billion on January 1, 2024.

The gold reserves reached $24.63 billion, while foreign currency assets amounted to $9.3 billion.

Source: Trend News Agency

Azerbaijani gymnasts wins gold medal at tournament in Bulgaria

BAKU: The Azerbaijani acrobatics team opened its account of winning awards at the Acro Cup tournament in Burgas (Bulgaria), Trend reports via

In the junior competition, the women’s group consisting of Zohra Rashidova, Anahita Bashirla and Nezrin Zeinieva won gold medals.

Also, the mixed pair of Milan Aliyev – Sabir Agayev and the male duet of Murad Rafiev – Daniel Abbasov got to the finals of the competition.

Source: Trend News Agency

Another earthquake hits Azerbaijan

BAKU: Another earthquake has occurred in the Lankaran district of Azerbaijan, The Republican Center for Seismological Service told Trend.

According to the information, the magnitude of the earthquake was 4.4

The earthquake was felt with a force of up to 4 points at the epicenter and up to 3 points in the surrounding areas.

Source: Trend News Agency

Amusing scenes from Kharibulbul Int’l Music Festival in Shusha (VIDEO)

BAKU: On May 11, the opening ceremony of the 7th Kharibulbul International Music Festival and the “Shusha – the cultural capital of the Islamic world 2024” year was held in Azerbaijan’s Shusha, Trend reports.

The event was attended by President of the Republic of Azerbaijan Ilham Aliyev and First Lady Mehriban Aliyeva.

The festival was well-remembered for its fascinating moments.

Source: Trend News Agency

Azerbaijan portrays grand opening of 7th Kharibulbul Int’l Music Festival (PHOTO)

SHUSHA: Shusha – beautiful and magical, majestic and noble, proud and free, and loved by millions of Azerbaijanis! As the city celebrates major milestones in its history, Great Leader Heydar Aliyev’s 101st birthday and the Heydar Aliyev Foundation’s 20th anniversary, Azerbaijani President Ilham Aliyev recently handed over apartment keys to the first residents to return to their native Shusha after 32 years! A new history of Shusha city begins!

Significantly, the 7th Kharibulbul International Music Festival, organized by the Heydar Aliyev Foundation and the Ministry of Culture of Azerbaijan from May 11 through 13, was grandly opened in Shusha, Trend correspondent reports from the event’s site.

The festival is held in Shusha and Lachin for three days. The city of Shusha has been declared the Cultural Capital of the Islamic World for 2024. President of the Republic of Azerbaijan Ilham Aliyev signed a decree on events in this regard in November last year.

The event is attended by numerous musicians from many c
ountries around the world, and contributes to the preservation of the wealth of traditions of our cultural heritage as well as to the strengthening of intercultural dialog, creating favorable conditions for communication and cooperation between musicians representing different countries.

The festival’s guests include state and public figures, representatives of culture and science, creative intellectuals, and young people.

The opening concert of the Year Shusha – Cultural Capital of the Islamic World – 2024 and the 7th Kharibulbul International Music Festival, with the participation of famous masters of arts and young talents, musicians and vocalists, performers of mugham, classical and folk music, and choreographic groups, was presented at Jidir Duzu Plain. Among the participants of the festival are performers and creative groups from ISESCO member countries, along with Azerbaijan, the UAE, Indonesia, Iran, Kazakhstan, Qatar, Guinea, Morocco, Trkiye, and Uzbekistan.

One of the brightest moments was the pe
rformance by the equestrian group on 27 Karabakh horses, which solemnly marched to Jidir Duzu with the flags of ISESCO member countries.

Famous performers from different countries took part in the concert: People’s Artists of Azerbaijan Arif Babayev, Gulyanag Mammadova, Polad Bulbuloglu, Zeynab Khanlarova, Zulfiya Khanbabayeva, Sevda Alekperzada, Honored Artist of Kazakhstan Alisher Karimov, Aboubacar Sylla from Guinea, People’s Artist of Uzbekistan Nasiba Abdullayeva, Husnu Shenlendirci from Trkiye, as well as the Ashugi group, Azerbaijan State Dance Ensemble, Almazyood (UAE), “Sendja Community” (Indonesia), “Qilinc r?qqaslari” (Sword Dance) (Qatar), “Tizwit” (Morocco), “Anadolu ateshi” (Trkiye), song and dance ensemble “Navbahor” (Uzbekistan) and others. The audience enthusiastically applauded the amazing performances of the artists. The festive program ended with a joint performance of the composition “S?sin g?lsin, Xari Blbl” by all participants. Indeed, Kharibulbul is a symbol of love and peace, a real
treasure of Azerbaijan, and a symbol of victory in the 44-day Second Karabakh War.

People’s Artist of the USSR, internationally renowned performer Zeynab Khanlarova: “I have participated several times in the Kharibulbul Festival as a guest, but for the first time, I performed on this grand stage. It is a great joy and pride to perform in Shusha!”

People’s Artist, celebrated mugham performer Arif Babayev: “Shusha and Karabakh are our glorious history, pride, and joy. The concert at Jidir Duzu was organized at the highest level and gave all of us a great celebration of musical art.”

“The Kharibulbul International Music Festival is the summons of our hearts! I have been to many countries in the world and participated in hundreds of festivals, but there can be no comparison with Shusha and this great festival of music, creativity, peace, beauty, and freedom. These are truly happy days, and this year coincided with the 20th anniversary of the Heydar Aliyev Foundation and the 101st anniversary of Great Leader He
ydar Aliyev. Thanks to President Ilham Aliyev and First Vice President Mehriban Aliyeva, our country is known all over the world as prosperous in all spheres, with its ancient history, culture, and traditions. It truly is worth living and creating, and we should be proud of Azerbaijan for that,” said People’s Artist, outstanding tar performer Ramiz Guliyev.

People’s artist, chief director of the State Academic Russian Drama Theater named after Samad Vurgun, head of the community of European Jews Alexander Sharovsky: “The time of war has passed; the time of creation, happiness, and great achievements have come. Recently, I have been in Shusha more often than in Baku, and I see the grandiose changes taking place here with my own eyes. The other day, I visited Khankendi, where I was the last time 35 years ago, and I was filled with tears of happiness. The organization of the festival on the 101st anniversary of Great Leader Heydar Aliyev, the architect of modern, free, independent, and democratic Azerbaijan, is
a very significant event inscribed in the glorious chronicle of the country’s history.”

People’s Artist of the USSR, Rector of Baku Music Academy named after Uzeyir Hajibeyli, Farkhad Badalbeyli: “Kharibulbul International Festival is being held at a time when Armenian revanchism is making an attempt to emerge, and this festival, as well as the active construction of roads, buildings, airports, and restoration of architectural monuments in Karabakh, is also the best answer to these “absent-minded neighbors” who are trying to follow their aggressive actions instead of peace. The main thing is that the Heydar Aliyev Foundation continues its creative work, and therefore I congratulate everyone on this great holiday!”.

People’s Artist, Director of the State Academic Philharmonic named after Muslim Magomayev Murad Adigozalzade: “After the liberation of Shusha city from occupation, the festival is held for the fourth time, and it is a very significant event in the life of our country. When Farkhad Badalbeyli and
I traveled here and saw the changes taking place, amazing roads, and active construction, we were overwhelmed with bright emotions. Shusha is the gold of our country, and the fact that from now on we hold grandiose projects in different spheres here is a great happiness, and I would like this holiday to always continue. I would like to emphasize that this is an international festival where guests from different countries come, get acquainted with our culture and traditions, our beautiful country and people, show their art, and leave here with the most wonderful impressions. We used to be proud of the Gabala International Festival, which became widely known all over the world, and now, with special joy, we present to the people of the world the Kharibulbul Festival, which is crucial for the nation’s advancement.”

People’s Artist, singer Zulfiya Khanbabaeva: “I can say a lot of things, but the emotions are so overwhelming to me that for about twenty years I have been performing the composition “Shusha Mountain
s,” finally after liberation from the occupation, for the first time here on the big stage at Jidir Duzu. “I feel very proud of my country and people!”

Since 1989, the Kharibulbul Music Festival, named after the flower that symbolizes Shusha city, has taken place. The festival was held in May of the same year in Abdal, Gulabli village of Aghdam district, in connection with the 100th anniversary of the famous khanende (singer), teacher, and People’s Artist Seyid Shushinsky. It continued in Shusha and ended with a concert in Aghdam. Since 1990, the Kharibulbul Festival has acquired international status. During the Karabakh conflict, the main concerts of the festival were held in Aghdam. Some concerts for the festival were also held in Barda and Aghjabadi. After the liberation of Azerbaijani lands from occupation during the 44-day II Karabakh war, which ended with the historical victory of the country, the festival returned to Shusha again. This year, the festival will expand to Lachin city as well.

Source: T
rend News Agency

Uzbekistan joins roster of nations assessed for climate change initiatives

TASHKENT: Uzbekistan has joined the list of nations evaluated for their effectiveness in addressing climate change, Trend reports.

According to the Climate Change Performance Index, Uzbekistan now stands in 48th place among 67 countries.

Hydropower remains the dominant renewable source in the electricity system, providing 1.85 GW of capacity, with other renewable sources accounting for no more than 1 percent. Overall, the share of renewable sources, including hydropower, is 8 percent of the energy balance.

Meanwhile, Uzbekistan intends to build more than 20 GW of renewable energy capacity by 2030 and is currently working on 28 projects in this direction.

The country is aiming to increase its share of the green energy balance to 40 percent.

At the same time, the energy industry in Uzbekistan has already received $2.1 billion in foreign direct investment. Nearly all regions are constructing solar and wind power plants.

Specifically, the Bukhara, Jizzakh, Kashkadarya, Navoi, Samarkand, and Surkhandarya reg
ions have launched nine large solar and wind power plants with a capacity of 1.6 GW. The Andijan, Samarkand, Surkhandarya, and Tashkent regions put into operation a total of six large and small HPPs with a capacity of 183 MW.

Source: Trend News Agency

EU, Kazakhstan primed to achieve successful co-op in critical raw materials – ambassador (Exclusive)

BAKU: The EU and Kazakhstan are poised for successful cooperation in the critical raw materials sector, Kestutis Jankauskas, EU Ambassador to Kazakhstan, told Trend.

“EU – Kazakhstan Enhanced Partnership and Cooperation Agreement provides a legal base for cooperation in 29 areas. Over the last several years, trade cooperation between the EU and Kazakhstan has been growing. While energy, including renewables, remains the largest area of cooperation, there is a growing potential of cooperation in the area of critical raw materials as provided by the bilateral memorandum signed in November 2022,” he said.

According to the ambassador, agriculture and water management offer good investment opportunities.

“Development of the Trans-Caspian International Transport Corridor is expected to attract cargo flows from all the countries of Central Asia and to provide not only for transit but also for transport and logistic hub development. The advancement of aviation will enable better people-to-people contacts in busine
ss, education, and tourism. Our Digital Satellite connectivity project will provide alternative connectivity and better internet to remote villages,” he noted.

Jankauskas pointed out that the EU and Kazakhstan established diplomatic relations 31 years ago, and since then, the sides are developing mutually beneficial partnership. Over the years, the EU has become Kazakhstan’s largest trading partner and the biggest investor in the country.

“During the three decades, the EU has implemented a variety of projects to advance our mutual relations as well as security and stability of the countries in Central Asia: on border management, rule of law, fight against smuggling, water management, green transformation, energy efficiency, promotion of interregional trade and trade with the EU, SMEs, education, strengthening resilience and human capital development,” he said.

Meanwhile, Kazakhstan’s trade turnover with the EU countries amounted to $42.6 billion from January through December 2023. The volume of trade turno
ver increased by 1.7 percent compared to the same period in 2022 ($41.8 billion).

At the same time, exports to the EU countries for the above period amounted to $31.7 billion, which is 6.4 percent less than from January through December 2022 ($33.8 billion). Kazakh imports from the EU countries in the reporting period increased by 36.1 percent and amounted to $10.9 billion. In 2022, imports amounted to $8 billion.

Source: Trend News Agency

Turkmenistan launches commission for organized grain harvest management

ASHGABAT: President of Turkmenistan Serdar Berdimuhamedov has approved the composition of the state commission for the organized grain harvest in 2024, Trend reports.

On May 10, during a meeting of the Turkmenistan Cabinet of Ministers, the head of state signed the relevant resolution ‘in order to consistently strengthen the country’s economic potential and increase wheat production’.

The document instructs the Turkmenobahyzmat State Association to ensure efficient and uninterrupted operation of combine harvesters during the harvest season by setting up proper ground maintenance.

Furthermore, the Agency for Transport and Communications under the Cabinet of Ministers of Turkmenistan was also instructed, on a contractual basis with the Trkmengalla├Ânmleri State Association, to ensure timely transportation of wheat harvested from the fields to reception points, warehouses, and elevators without losses, as well as uninterrupted and efficient operation of vehicles.

The document permits the Trkmengalla├Ânmleri St
ate Association to transport wheat to reception points, warehouses, and elevators using contractually owned vehicles from other ministries and departments.

Meanwhile, in early February of this year, President of Turkmenistan Serdar Berdimuhamedov signed a decree on a significant increase in public procurement prices for wheat.

Compared with the purchase prices that have been set since 2019, the price per ton of wheat has been raised 2.5 times – from 800 Turkmen manat ($229) to 2000 Turkmen manat ($572.5).

Source: Trend News Agency