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EU Commits €10 Billion to Strengthen Central Asian Trade Links

3/28/2025

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Summary

Story summary

On March 27, 2024, in Ashgabat, Central Asian foreign ministers convened with the EU's High Representative to discuss the pivotal Trans-Caspian Transport Corridor. With a commitment of over €10 billion, the EU aims to boost connectivity and trade, forging stronger bonds with Kazakhstan, Uzbekistan, and Turkmenistan while countering China's growing influence in the region.

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Story summary

On March 27, 2024, in Ashgabat, Central Asian foreign ministers convened with the EU's High Representative to discuss the pivotal Trans-Caspian Transport Corridor. With a commitment of over €10 billion, the EU aims to boost connectivity and trade, forging stronger bonds with Kazakhstan, Uzbekistan, and Turkmenistan while countering China's growing influence in the region.