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New Agreements Advance Central Asia’s Middle Corridor Ambitions
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OilPrice.com Daily News Update
The leaders of the five Central Asian states and Azerbaijan, meeting on the shores of Lake Issyk Kul in Kyrgyzstan on July 31, signaled an intent to deepen trans-Caspian connections.
The meeting formalized Azerbaijan’s status as a full participant in Central Asian councils, expanding a format known as the C5 to C6.
Central Asian leaders also used the occasion to sign a variety of bilateral agreements.
It is a multi-phase connectivity plan to strengthen the sovereignty of regional states.
The S7+ envisions the establishment of a trade crescent connecting the Caspian Basin to the Arabian Sea, unlocking Greater Central Asia’s full trade potential.