By Najia Badykova
June 27, 2017, the CACI Analyst
In May, Beijing hosted a summit of global leaders on its One Belt and One Road (OBOR) initiative, a most ambitious project aimed to recreate the ancient Silk Road, connecting China’s industrial heartland to Europe via Central Asia and the Middle East. Given the gigantic scale of the scheme, the geostrategic and economic impact on Central Asian trade and development will be significant. Yet it is unlikely to benefit everyone equally. The less developed and poorer countries along the proposed routes, including those in Central Asia, will face serious challenges if they assume that this initiative alone can fix their economic problems, and use it as an excuse to further delay needed market reforms while coping with the effects of the massive Chinese initiative.
By John C. K. Daly
December 12th, 2016, The CACI Analyst
On October 2, China and Georgia signed a preliminary free trade agreement (FTA), scheduled to take effect from the end of 2017, China’s first substantive FTA negotiations in Eurasia. The FTA’s 17 sections include trade goods, services, intellectual property rights and emerging issues like e-commerce, with the two parties agreeing to remove all tariffs for most of the two nations’ commodity trade, as well as pledging to open many service sector markets and improve bilateral trade laws while identifying key areas for enhancing cooperation.
By S. Frederick Starr and Svante E. Cornell
December 10th, 2015, The CACI Analyst
A number of initiatives have combined to make the development of continental transport and trade across the heartland of Eurasia a reality rather than a mere vision. Some of these have been external, while many have been internal to the region. Yet Europe, which launched the visionary TRACECA program in the early 1990s, is largely absent from the scene today. Yet if Europe works with Central Asian states, it stands to benefit greatly from this process. This would involve work to make the transport corridors more attuned to market logic; to promote the development of soft infrastructure; to pay attention to the geopolitics of transport and support the Caucasus and Caspian corridor; and not least, to look ahead to the potential of linking Europe through Central Asia not just to China, but also to the Indian subcontinent.
The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.