• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09163 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09163 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09163 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09163 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09163 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09163 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09163 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09163 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
18 February 2025

Viewing results 1 - 6 of 2

The Geopolitical Battle for Control Over Transportation Routes in Central Asia

Russia and Kazakhstan may be nominal allies, but their geoeconomic interests are not always aligned. As Astana seeks to develop the Middle Corridor – a transportation link connecting China and Europe through Kazakhstan, the Caspian Sea, Azerbaijan, and Georgia, bypassing Russia – Moscow reportedly aims to build a trade and logistics route that would connect Russia and Kyrgyzstan, thereby circumventing Kazakhstan.  While various regional actors and international institutions actively invest in the Middle Corridor, also known as the Trans-Caspian International Transportation Route (TITR), a potential route linking Russia and Kyrgyzstan, through Uzbekistan and Turkmenistan, remains merely an idea. From the geopolitical perspective, the TITR is seen as an alternative to reach European and international markets and bypass Russia. But what is the primary goal of the Russia-Kyrgyzstan route? Although both Kyrgyzstan and Kazakhstan are members of the Russian-led Eurasian Economic Union, queues of trucks at the Kyrgyz-Kazakh state border seem to have become a norm. Bishkek accuses Kazakhstan of “artificially creating obstacles at the border to weaken competition from Kyrgyzstan”, while the Kazakh authorities claim that Kyrgyz truckers are “unwilling to comply with Astana’s requirements and submit fraudulent documents for cargo.” Since Kyrgyzstan’s main connection with Russia – the major market for its agricultural products – goes through Kazakhstan, it is Astana that has the upper hand over Bishkek. From a purely economic perspective, a new route, including sea transport across the Caspian Sea, would enable faster delivery of vegetables, fruits, as well as other goods from Kyrgyzstan to Russia. However, it remains highly uncertain if Uzbekistan and Turkmenistan, as transit countries, are genuinely interested in this project. “Both nations are far more interested in East-West trade, actual supply chain relocations into the region, and new gas contracts with the West,” Samuel Doveri Vesterbye, Managing Director of the European Neighborhood Council, told The Times of Central Asia. In his view, a Kyrgyzstan-Russia corridor would offer a limited amount of trade, due to the sanctions the West imposed on Moscow over its actions in Ukraine. But in spite of that, Kyrgyzstan, like all countries, tries to be part of any connectivity corridor. “There is a lot of ‘corridor competition’ at the moment. Most of it is bluff. It is important to look at which projects are being built and how much investments is going into them. The Russia-Kyrgyzstan corridor, at present, is more hot air than reality. There is no funding from the United States, the European Union, China or Turkey. Also, major players like the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) do not seem interested in funding the construction of this route. Therefore, its lifespan and potential look rather limited,” Vesterbye stressed. European institutions seem interested in further development of the Trans-Caspian International Transportation Route. From the European Union’s perspective, Russia’s invasion of Ukraine has increased the need to find alternative, reliable, safe and efficient trade routes between Europe and Asia. That is why Brussels is reportedly willing to invest €10 billion ($10.5...

EU and Turkmenistan Launch Coordination Platform of Trans-Caspian Transport Corridor

On October 3 in Ashgabat, the European Union and Turkmenistan launched the Trans-Caspian Transport Corridor Coordination Platform. The platform aims to strengthen connectivity by developing transport routes within Central Asia and the European Union. The event brought together the European Union, representatives of the countries along the Trans Caspian Transport Corridor in Central Asia, the South Caucasus, and Türkiye, and international financial institutions. The European Union delegation was led by European Commissioner for International Partnerships Jutta Urpilainen. As reported by the EU Delegation to Turkmenistan, the Trans-Caspian Transport Corridor is a flagship of the EU’s Global Gateway investment strategy, and the establishment of the Coordination Platform is one of the key deliverables of the Global Gateway Investors Forum for EU-Central Asia Transport Connectivity held in January 2024. European and international financial institutions at the Forum committed to mobilizing €10 billion for sustainable transport connectivity in Central Asia. The EU aims to work with partners towards a modern route that boosts trade and facilitates the flow of goods between Central Asia and Europe while driving economic development and regional integration. The platform's main role will be to promote the corridor and coordinate efforts to implement priority projects in hard and soft infrastructure in Central Asia. It will also coordinate with investments and activities in the South Caucasus and Turkey that are relevant to strengthening operational efficiency and seamless connections across the Trans-Caspian Transport Corridor. Urpilainen said: “Central Asia, as a region at the crossroads of Europe and Asia, plays a pivotal role in the EU Global Gateway investment strategy and connectivity vision. The Trans-Caspian Transport Corridor is a critical artery linking Europe and Asia, boosting trade, facilitating exchanges, and driving prosperity across our regions while ensuring improved connectivity, cooperation, and economic growth between all Corridor countries. Harnessing this potential will require massive infrastructure investments in the coming years; I am pleased to see governments from countries along the Corridor, key International Financing Institutions, EU Member States, G7 countries, and other partners coming together.” Urpilainen said that to the European Union, Turkmenistan is an important partner in Central Asia. She also emphasized the European Union's commitment to supporting Turkmenistan's transition to a sustainable, green economy while enhancing its business environment. The EU has further allocated €18 million to strengthen its partnership with Turkmenistan, highlighting its dedication to fostering sustainable development and economic growth.