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

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