European Union Launches Three Programs in Central Asia

The European Union launched three large-scale programs with a total budget of 28 million euros for the prosperity of Central Asia. In Nur-Sultan, significant agreements were signed at the EU conference on enhancing integration in the region.

The programs are aimed at the development of trade, ensuring the rule of law, attraction of investments and economic growth in Central Asian countries.

Experts said that it will also help to strengthen the regional cooperation between Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan. In addition, it will also help to unleash the economic potential of the region.

“We would like to see, of course, a contribute to further growth, further creation of jobs, and in particular, you probably are familiar with all whole serious indicators, particular OECD indicators, which are important for overall perception of the business climate. We have an interest in growing market and growing population for our all companies. We see investment possibilities, obviously, the geographical position of the region at the heart of the Eurasian continent gives in itself and represents strong interest,” said EU Ambassador to Kazakhstan, Sven-Olov Carlsson.

This year, the EU member states adopted a new EU Strategy on Central Asia which is aimed at strengthening cooperation as well as support the stability and economic prosperity in the region.