News of Cental Asia
10.09.2024
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Central Asia's Role on the Global Stage Continues to Expand
Recent developments signal a new chapter for Central Asia as it continues to rise in prominence on the international stage.
The region has strategically positioned itself as a vital hub for trade routes and natural resources, attracting attention from global players like the EU, US, China, and Japan.
Key takeaways:
Central Asian states are leveraging the geopolitical shift, engaging more actively with external partners, including Japan, which recently intensified its involvement through the C5+Japan initiative. Despite the cancellation of Japanese Prime Minister Fumio Kishida's visit, the inaugural C5+Japan Business Forum brought about significant agreements in sectors such as energy, digitalization, and logistics. The drive for deeper regional cooperation, especially between Kazakhstan and Uzbekistan, is yielding results, with notable growth in bilateral trade and joint projects.
