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China-Kyrgyzstan-Uzbekistan railway: Who is going to pay 18 May 2021, 00:49 GMT+10 The elusive China-Kyrgyzstan-Uzbekistan railway project has been spoken about since before Chinese President Xi Jinping unveiled his grand vision for the Belt and Road Initiative. The opportunities are enticing. The route, which has been referred to by the acronym CKU, could provide valuable outlets to the Persian Gulf and Turkey, via the Caucasus. But after a quarter-century of chin-wagging, the challenges remain the same. Difficult and mountainous terrain, lack of money and no clear notion of how to make the railroad pay for itself. Kyrgyzstan is a big part of the problem. The government is broke and weighed down by debts to Beijing. Fully $1.8 billion of Bishkek s $4.8 billion foreign debt pile is owed to China s Exim Bank. And China is growing leery of doling out more multibillion-dollar loans for Central Asian infrastructure, according to experts.

Toshkent shahriUnited kingdomUlugbek maripovAbdulla aripovSooronbai jeenbekovRavshan nazarovAndrew granthamAzamat akeneevTemir zholySergei lavrovChina exim bankRussian economic universityRailway gazetteChinese president xi jinpingPersian gulfCentral asian