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EU-Central Asia cooperation expands as Commissioner Síkela’s visit seals major deals
euronews (in English)
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10 months ago
EU-Central Asia cooperation expands as Commissioner Síkela’s visit seals major deals
European Commissioner for International Partnerships Jozef Síkela visited Central Asian countries to advance the Global Gateway investment strategy.
READ MORE : http://www.euronews.com/2025/03/25/eu-central-asia-cooperation-expands-as-commissioner-sikelas-visit-seals-major-deals
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00:00
European Commissioner for International Partnerships Jozef Sikula visited five Central Asian countries
00:05
as part of the European Union's effort to deepen its cooperation with Central Asia.
00:10
His main goal?
00:11
To advance the Global Gateway Strategy, an initiative aimed at mobilizing 300 billion
00:15
euro of investments globally.
00:17
In Central Asia, it focuses on four key areas – transport, critical raw materials, digital
00:22
connectivity and sustainable energy.
00:25
There is a huge untapped potential.
00:28
We already have a pretty good base.
00:30
We want to not only increase our presence, but we want to contribute to the economic
00:36
development of the whole region.
00:39
Commissioner Sikula's visit was also marked by the signing of multiple contracts.
00:43
In Kazakhstan, he witnessed the signing of a 200 million euro framework loan agreement
00:47
between the European Investment Bank and the Development Bank of Kazakhstan.
00:51
And this visit in the region should basically not only underline the importance of the region
00:59
and the importance of the European and Central Asia connections, but this is also about concrete
01:07
things like today's signature of two major agreements.
01:13
In Turkmenistan, discussions centered on the Trans-Caspian Transport Corridor, a key trade
01:17
route linking Central Asia and Europe.
01:19
Tajikistan and Kyrgyzstan focused on expanding hydropower and renewable energy, while Uzbekistan
01:24
signed two major agreements to improve connectivity, especially in rural areas.
01:29
Beyond economic ties, the purpose of Sikula's visit was also to discuss the preparation
01:33
of the first EU-Central Asia Summit, which will take place in Uzbekistan in April.
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