Central Asia

The Kazakh capital of Almaty will be hosting the 2nd European Union-Central Asia Economic Forum next week on 18-19 May. Building on the 1st EU-Central Asia Economic Forum that took place in Bishkek in 2021, next week's forum will "take stock of progress made so far and discuss ways forward on policy, programmes, and investment needed to develop a more integrated and interconnected regional market engagement". "The Forum will allow to strengthen sustainable connectivity and promote regulatory approximation in the economic area between the EU and Central Asia countries, which is so vital for a better business environment and a safe investment climate," a statement from the EU Central Asia Invest Programme says. "The Forum will gather high-level government officials, the European Investment Bank, the European Bank for Reconstruction and Development, other bilateral and international financial institutions, representatives of the private sector and members of civil society. It is organised in partnership with the Organisation for Economic Co-operation and Development," the statement adds. The forum will focus on three priority areas: a green and digital transition, a better business environment, and trade and connectivity. Next week's forum follows the 4th EU-Central Asia civil society forum that took place in the Uzbek capital of Tashkent in March.

Events of the past year have unleashed a new "Great Game" in Central Asia, writes commonspace.eu in this editorial. "The plan, it seems, builds on China’s “Belt and Road” programme, but there also now appears to be a much stronger political angle to China’s engagement. China is worried that Russia’s increasing weakness is creating a vacuum in Central Asia that others may be tempted to fill. It is determined to get there first. China’s approach seems to be to keep the west out, the Russians down, and everyone else on the margin." There is little doubt that the big loser in this “great game in the new era” is Russia. But the Kremlin at this point has little choice but to try to cut its losses. It desperately needs China’s support - at least economically, politically and diplomatically, if not militarily - as it tries to sort out the mess it created for itself in Ukraine, and resist Western sanctions imposed after its invasion.