Why is Uzbekistan relevant for the European Union? Uzbekista | Review.uz/en - Economic Review

Why is Uzbekistan relevant for the European Union?

Uzbekistan has been through significant policy changes over the past five years, writes Vita Kobiela, a communications co-lead of Volt Belgium.

Being at the heart of Central Asia, Uzbekistan has geostrategic importance not only for a rising China or historically present Russia but also for the European Union.

First of all, as a transport and transit hub, which lies at the heart of the Chinese New Silk Road Initiative, the Russian Eurasian project and the EU-Asia connectivity strategy, Uzbekistan creates a platform that connects the Eurasian continent and brings worlds’ economies together.

Secondly, a stable and prosperous Central Asian region, confidently and independently balancing between Russian and Chinese influence, leading by the Uzbekistani example, will become a reliable energy partner of the EU.

In 2019, the EU has become a top trade partner to all Central Asian states as a whole region, having 24,1% of their total trade.

en: review.uz/en/ewc

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