«$11 billion—that’s the volume of mutual trade between the Central Asian countries. Half of this amount comes from trade
between Kazakhstan and Uzbekistan, and the countries aim to increase this
figure. According to Uzbek analysts, all the necessary opportunities are in
place to achieve this,» said correspondent Zhenis Yermukanov.
Experts from the International Institute for
Central Asia are convinced that the relationship between the two countries serves
as an example for other states in the region. Uzbekistan was one of the first
countries in Central Asia to sign agreements on strategic partnership and
allied relations with Kazakhstan. Today, all five Central Asian nations are
striving to strengthen comprehensive interaction, as cooperation contributes to
shaping a unified modern image of the region.
«The adoption of the Central Asia-2040
Concept indicates that we have a clear vision of our prospects. It outlines the
main directions for our further development, covering all areas. First and
foremost, this includes economic development. We have significant potential, and
what we currently possess does not fully reflect our possible capabilities,» noted
Saidmukhtar Saidkasimov, the Advisor to the Director of the International
Institute for Central Asia.
The consumer market of Central Asia, with a
population of over 80 million people, is one of the most promising. According
to Uzbek experts, the number of joint ventures in the region has tripled over the
past seven years, mutual direct investments have nearly doubled, and trade has
increased fourfold. Last year, the growth in trade amounted to 25 percent.
«To date, all contentious issues in the
region have been resolved, and as a result, new economic interactions have been
initiated. This is also reflected in the article by Kazakh President
Kassym-Jomart Tokayev titled «The Renaissance of Central Asia.» Thanks to the
initiatives of all state leaders, a new economic reality has been established,»
shared Azer Adigezalov, the chief researcher at the International Institute for
Central Asia.
The countries of the region are focusing on
uniting efforts toward shared prosperity. This particularly involves economic,
energy, transport and logistics, and cultural and humanitarian cooperation, as
well as creating conditions to enhance human capital in the region.