CENTRAL ASIA: DRIVERS, DYNAMICS AND PROSPECTS OF TRADE AND ECONOMIC COOPERATION

Aliya Akhmet (), Zhanar Medeubayeva (), Raikhan Tashtemkhanova () and Maira Iyembekova ()
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Aliya Akhmet: Doctoral Student at the Department of Regional Studies, L.N. Gumilyov Eurasian National University, Nur-Sultan, Republic of Kazakhstan
Zhanar Medeubayeva: Associate Professor at the Department of International Relations, L.N. Gumilyov Eurasian National University, Nur-Sultan, Republic of Kazakhstan
Raikhan Tashtemkhanova: Professor at the Department of Regional Studies, L.N. Gumilyov Eurasian National University, Nur-Sultan, Republic of Kazakhstan
Maira Iyembekova: Associate Professor, School of Society, Technology and the Environment, Narxoz University, Almaty, Republic of Kazakhstan

Regional Science Inquiry, 2021, vol. XIII, issue 1, 183-200

Abstract: The following article is devoted to the analyses of condition and expansion of trade and economic cooperation in the Central Asian Region (CAR). The positive change in the region began with the coming to power of the second President of Uzbekistan that’s why the country of Uzbekistan is the central object of analysis in the article. In fact, the reforms of partial deregulation of the economy and building beneficial cooperation in the region were initiated by the former President of the Republic of Uzbekistan I. Karimov. But it was Sh. Mirziyoyev who gave impetus to the warming of the international climate in Central Asia. The reassessment of the regional policy of the Republic of Uzbekistan is dictated by the interests of the development of the Uzbek economy in the frame of new geopolitical and geoeconomic conditions. Using the comparative potential of cross-national analysis, it was compared the dynamics of establishing relations, expanding trade and economic ties of Uzbekistan with Kazakhstan, Turkmenistan, Tajikistan and Kyrgyzstan. Within a year the establishment of interstate cooperation since 2016 has given effect in the sphere of economy and trade within. This result was possible due to the fact that other countries of the CAR realized the necessity of close diverse ties with their neighbours.

Keywords: trade turnover; regional cooperation; bilateral relations; international relation (search for similar items in EconPapers)
JEL-codes: D78 F02 F13 F15 (search for similar items in EconPapers)
Date: 2021
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