• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12834.61
    • RUB162.65
    • EUR14662.26
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +34°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    Central Asia

    Germany's growing interest in Central Asia signals major diplomatic shift and economic opportunities

    Germany's growing interest in Central Asia signals major diplomatic shift and economic opportunities

    Germany's interest in Central Asia has been on the rise, and recent diplomatic efforts, including the C5+1 and Germany summit, indicate a significant shift in its approach toward the region. Economic analyst Shuhrat Rasul shared insights on this evolving relationship and Germany's expanding interests in Central Asia.

    Germany's growing interest in Central Asia signals major diplomatic shift and economic opportunities
    Photo: Germany's growing interest in Central Asia signals major diplomatic shift and economic opportunities 
    Source: Daryo

    Historically, Germany engaged in bilateral cooperation with individual Central Asian countries. However, the landscape changed with the initiation of the European Union and Central Asia summit in 2007, which was spearheaded by Germany. The C5+1 and German format has now emerged, with Germany increasing its engagement with the region, as evidenced by President Frank-Walter Steinmeier's visits to Kazakhstan and Kyrgyzstan earlier this year.

    The C5+1 format convenes leaders from the Central Asian countries alongside those from Russia, China, the USA, and Germany. Rasul sheds light on this format, stating that it offers the West a convenient perspective, viewing Central Asia as a potential economic and political union. While the West endorses the mutual integration of Central Asian countries, Rasul highlights internal differences and varying levels of readiness among these nations for such integration.

    Germany's growing interest in Central Asia can be attributed, in part, to its need for oil products, particularly in light of sanctions against Russian oil. Kazakhstan has become a crucial player, ranking fourth in oil supply to Germany, and President Kassym Jomart Tokayev has expressed the potential for further increases in oil exports to Germany. This suggests that Germany is aiming to fill the void left by Russia through increased cooperation with Kazakhstan.

    Germany's growing interest in Central Asia signals major diplomatic shift and economic opportunities
    Photo: Germany's growing interest in Central Asia signals major diplomatic shift and economic opportunities 
    Source: Presidntial press service 

    Furthermore, Germany has concerns about products subject to sanctions flowing into Russia through Central Asia. These concerns were openly discussed during the recent summit, highlighting Germany's strategic interests in the region.

    Beyond oil, trade relations have seen a remarkable upswing. Under President Islam Karimov, trade turnover between Uzbekistan and Germany hovered around €200mn annually. In 2022, this figure exceeded $1bn, with German businesses showing increased interest in Uzbekistan. Rasul attributes this to Uzbekistan's open-door policy under President Shavkat Mirziyoyev.

    Turkmenistan's vast natural gas reserves have also piqued the interest of the European Union and Germany. The "NABUKKO" project, designed to transport Turkmen gas to Europe via pipelines through the Caspian Sea, faces opposition from Iran and Russia. Overcoming these challenges is now a central goal for Germany and the EU.

    Germany's growing interest in Central Asia signals major diplomatic shift and economic opportunities
    Photo: Germany's growing interest in Central Asia signals major diplomatic shift and economic opportunities 
    Source: Google Images

    When asked about the conditions Germany might set for Central Asian countries, Rasul pointed to the Western emphasis on human rights and gender equality in diplomatic discussions. However, he stressed that the primary focus remains economic cooperation, especially with Uzbekistan, the most populous nation in Central Asia. Rasul believes that Uzbekistan offers numerous opportunities for German businesses and that their arrival in the country holds great importance for Uzbekistan's development.

    Rasul also drew parallels with the role German companies played in the development of the Chinese automobile industry, suggesting that a similar collaboration between Germany and Uzbekistan could be transformative.

    In terms of creating favorable conditions for German business, Rasul expressed optimism, noting that Uzbekistan is taking steps to attract investors, including the establishment of an international arbitration court. He believes these initiatives will be welcomed by multinational companies looking to invest in Uzbekistan.

    As Germany seeks to strengthen its ties with Central Asia, particularly in the economic sphere, the region may find itself becoming an increasingly important player on the global stage, with potential benefits for both sides in this evolving partnership.

     

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

    06.10.2023, 21:37   Comments (0)   910
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    C5+1: US to invest $25mn in Central Asian economic development 

    02.03.2023, 10:13

    C5+U.S. meeting on Afghanistan: promoting stability and cooperation in region

    13.08.2023, 23:55

    Biden invites President of Uzbekistan for first C5+1 Summit in U.S.

    18.08.2023, 18:57

    Central Asian leaders unite at C5+1 Presidential Summit, pledge resilience and partnership 

    22.09.2023, 15:05

    Political scientist Jennifer Murtazashvili comments on development of C5+1 relations

    05.10.2023, 23:14

    Putin reveals 3 bn cubic meters of gas supplies for Kazakhstan and Uzbekistan, bolstering regional energy growth 

    06.10.2023, 20:31
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp


    Beeline Uzbekistan started 2025 with a significant network modernization


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024

     

    Recommended

    Central Bank warns half of monthly income goes to loans as debt burden rises in Uzbekistan

    3 June, 12:34

    Uzbekistan’s foreign trade turnover reaches $24.6bn in 4M25, up 16.3% y/y

    22 May, 11:29

    "We wouldn’t have won without U.S. aid" – The hidden truths behind the USSR’s World War II victory

    12 May, 15:39

    Uzbekistan's banking deposits surge to $25.2bn in March

    8 May, 17:24
     
     
     

    Latest news

    Uzbekistan plan to reforest 1.5mn hectares by 2030

    Uzbekistan | 3 June, 14:00

    Central Bank warns half of monthly income goes to loans as debt burden rises in Uzbekistan

    Uzbekistan | 3 June, 12:34

    Japan, Uzbekistan partner to train and employ 10,000 Uzbek specialists

    Uzbekistan | 3 June, 11:32

    Uzbekistan produces 1.1bn kWh from solar and wind power in May 2025

    Uzbekistan | 3 June, 10:50

    Uzbekistan, China sign new deals and boost regional ties at Samarkand Interregional Forum

    Uzbekistan | 3 June, 09:00

    Tajikistan’s fruit exports hit by rising costs and stronger currency, EastFruit warns

    Tajikistan | 2 June, 17:05

    Pakistan moves to restore Ambassador role as ties with Afghanistan improve

    Afghanistan | 2 June, 14:40

    Kazakhstan’s PM and UN Deputy Secretary-General discuss cooperation on SDGs and climate resilience

    Kazakhstan | 2 June, 12:38

    Uzbekistan and Turkey to fully digitize transport permits by 2026

    Uzbekistan | 2 June, 11:43

    Uzbekistan receives first 2025 shipment of Hepatitis C drugs from Egypt

    Uzbekistan | 2 June, 10:30
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.