Central Asian leaders agree on potential for economic cooperation with EU

MOSCOW

Leaders from five Central Asian countries on Friday voiced a common view on the potential for economic cooperation with the EU at the second European Union-Central Asia summit held in Kyrgyzstan's city of Cholpon Ata.

Kyrgyzstan's President Sadyr Zhaparov, who presided over the summit, said the formation of a common "geo-economic space" in Central Asia will help the region integrate into the global economy.

Zhaparov said over the past year, Kyrgyzstan's trade turnover with EU countries increased by 76.1% and amounted to $603.1 million, noting that in the future, the country would like to work not only on increasing trade turnover but also on "leveling the trade balance."

"At the same time, we understand the concerns and requests of our European partners regarding a certain group of goods subject to sanctions, and we are ready to continue dialogue with the EU on this issue," he said.

On the occasion, Kazakh President Kassym-Jomart Tokayev noted an increase in trade turnover, saying it could reach $50 billion by 2025.

Kazakhstan, in particular, has the potential to increase oil supplies to Germany via the Druzhba pipeline to 1.2 million tons per year, he said.

Tokayev also proposed hosting a Central Asian climate summit in Kazakhstan in 2026.

In turn, Uzbek President Shavkat Mirziyoyev urged combining efforts to develop transport and communication ties between Central Asia and Europe, primarily through the formation of the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor.

He also invited EU representatives to co-organize the first International Climate Forum, which will be held this fall as part of the Samarkand solidarity initiative for common security and prosperity.