President Shavkat Mirziyoyev expressed deep concerns about the impact of global events on the region’s sustainable development at the Consultative Meeting of Central Asian leaders in Astana.
He highlighted how conflicts in Ukraine and the Middle East have disrupted traditional trade and transport chains, resulting in increased logistics costs and inflationary pressures.
“We have become prisoners of the policy of sanctions,” Mirziyoyev said. “Logistics costs have risen significantly, and inflationary pressures are mounting. The global capital market is shrinking, protectionism is growing, and new barriers are emerging.”
Mirziyoyev emphasized that Central Asia, due to its geopolitical location, is experiencing the adverse effects of global crises and escalating conflicts. He noted that the situation in Afghanistan, once a critical factor for regional stability, has been overshadowed by these global issues.
He called for a unified regional approach to address these challenges, stressing the need for a strategic document to ensure regional security and stability.
“The future and well-being of Central Asia depend on our joint efforts, our readiness to cooperate closely, and to advance the region’s interests together,” Mirziyoyev stated.
To address these challenges, Mirziyoyev proposed the creation of a strategic document to ensure regional security and stability. He emphasized the need for a new model of economic cooperation to enhance trade within the region.
Despite the complementary nature of Central Asian economies, current trade volumes remain low. He suggested eliminating trade barriers, harmonizing regulations, and digitalizing customs procedures to double mutual trade within five years. He proposed regular meetings of the Economic Council and organizing the Central Asian Business Cooperation Week in Tashkent next year.
