The European Union (EU) is increasing its engagement with Central Asia, committing billions of dollars to diversify supply chains and reduce reliance on any single country. This initiative was a key focus during recent meetings between European leaders and Central Asian leaders in Samarkand, Uzbekistan, highlighting discussions on sustainable development and strategies to address global trade shifts.
The EU aims to foster the development of value chains in Central Asia, supporting the efficient extraction and processing of critical raw materials (CRMs). These materials are essential for key sectors such as net-zero industries, digital technologies, aerospace, and defense. Kazakhstan, for example, already produces a significant number of the CRMs vital to the EU and is prepared to expand its production. Uzbekistan is also a key supplier of uranium. Experts suggest that EU support for sustainable mineral extraction in Central Asia is crucial for diversifying its supply chain.
The Trans-Caspian International Transport Route (TITR) is being developed as a more efficient trade route between China and Europe, offering an alternative to existing routes. Modernizing infrastructure along this route is expected to significantly increase trade and improve connectivity between Central Asia and the EU.
The EU's approach involves investment, promoting transparency and good governance, and ensuring local benefits and long-term partnerships, distinguishing it from other global players. This strategy aims to reinforce the EU's supply chains and strengthen its broader trade strategy in a changing global landscape.