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The Central Caucasus is back on the geopolitical map, evident in the Trans-Caspian International Transport Route (TITR) and with it, China’s growing political influence.
Trade, transit and energy topped the agenda when foreign ministers from the GCC and Central Asian republics met in Tashkent, Uzbekistan, last week for their second “strategic dialogue”, following an inaugural event in Jeddah last July. The six Gulf states and Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan and Turkmenistan share many of the same challenges and opportunities on the global stage.
As Ministry of Finance of Georgia stated, discussion on the Opportunities and Significance of the Middle Corridor was held within
Central Asia is emerging as a new opportunity zone for trade and investment, but regional governments need to improve the business climate to attract Western capital.