At the International Institute for Central Asia, a roundtable discussion was held on October 11 in anticipation of the upcoming Third International Forum “Belt and Road”. Diplomatic representatives, leadership, and experts from China and Central Asian countries were in attendance. The state and prospects of cooperation in various fields between Central Asian countries and China, such as politics, economics, trade, investment, energy, and culture, were discussed.
First Deputy Director of the Institute for Strategic and Regional Studies under the President of Uzbekistan Akramjon Nematov spoke on “New opportunities and promising directions for Central Asian countries within the framework of the BRI”. He highlighted that the BRI is not only a set of economic opportunities, but a model of interregional cooperation that creates connectivity networks for efficient trade flow and further integration of international markets. This initiative ensures the sustainability of supply chains and balanced development of the participating countries’ economies, which is essential for maintaining stability in Eurasia.
Thanks to the BRI, Central Asia is increasing its geostrategic importance and becoming an essential link in the global value chain. This project provides opportunities for integrating Central Asian states into a single transport and logistics network, giving the region’s products access to world markets. Additionally, conditions are being created for the transit of goods and strengthening industrial cooperation between the region’s countries.
Many projects in energy, mining, and processing industries and the construction of bridges, highways, ports, and railways have already been implemented in Central Asia, making a valuable contribution to the development of the region. This cooperation with China has increased economic growth, strengthened connectivity, and increased stability.
The Dushanbe Summit held in September this year further confirmed the process of regional rapprochement and the need for close coordination in industrial cooperation, technological and innovative development, and construction of transport and logistics infrastructure. The ISRS First Deputy Director noted the importance of focusing on the “soft” component of the BRI, which includes a social, cultural, and humanitarian component. This includes strengthening mutual understanding between representatives of different cultures and civilizations along the Belt and Road, as well as developing human capital through enhanced collaboration in education, science, and innovation.
Overall, the BRI provides Central Asian countries with a new economic structure, competitive advantages, and access to global value chains. It is a reliable and responsible partner of the region in the international arena, and opens up broad opportunities and prospects for joint efforts with China.