5th Annual Trans Caspian Forum underway in Washington

5th Annual Trans Caspian Forum underway in Washington On June 9, the Caspian Policy Center (CPC) hosted Day 1 of the 5th Annual Trans-Caspian Forum to explore the business, trade, and investment opportunities between the United States and the Trans-Caspian corridor countries, Report informs, citing the Cente
Business
June 10, 2021 18:22
5th Annual Trans Caspian Forum underway in Washington

On June 9, the Caspian Policy Center (CPC) hosted Day 1 of the 5th Annual Trans-Caspian Forum to explore the business, trade, and investment opportunities between the United States and the Trans-Caspian corridor countries, Report informs, citing the Center.

This year’s forum is co-organized by the Embassies of Afghanistan, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkey, and Uzbekistan, and supported by the U.S. Department of Commerce and U.S. Agency for International Development, with the participation of the U.S. Department of State and U.S. National Security Council.

“The Caspian region plays a vital role in connecting people and goods across continents. The Trans-Caspian acts as a bridge between Europe and Asia and serves as a hub for commerce, infrastructure, and energy,” said Efgan Nifti, Chief Executive Officer of the CPC who opened up the Forum with his welcome remarks. “Since the countries of the Caspian region gained independence thirty years ago, they have been important strategic partners for the United States. They have eagerly worked with Washington to enhance global energy security, combat extremism, and control the flow of narcotics and nuclear material, among countless other initiatives.”

Roya Rahmani, Ambassador of Afghanistan to the United States; Elin Suleymanov, Ambassador of Azerbaijan to the United States; David Bakradze, Ambassador of Georgia to the United States; Yerzhan Ashikbayev, Ambassador of Kazakhstan to the United States; Baktybek Amanbaev, Ambassador of the Kyrgyz Republic to the United States; Javlon Vakhabov, Ambassador of Uzbekistan to the United States; and Sinan Ertay, Deputy Chief of Mission of the Embassy of Turkey to the United States joined the Forum to share their thoughts on how their countries would mount strong recoveries in 2021-2022 that can be supported by further international investment into the region and close collaboration with the European Union and the United States.

“We should be learning and leaning on each other to promote our collective security and prosperity. We cannot neglect to develop our soft infrastructure, which will enable digital trade and broader connectivity. Investing in infrastructure will create jobs and hope for Afghans, which will aid in the pandemic recovery process but far more importantly, economic growth will have a stabilizing effect that will help mitigate the ongoing conflict,” said Ambassador Rahmani.

“The core of the Southern Gas Corridor was the regional cooperation between Azerbaijan, Turkey, and Georgia,” said Ambassador Suleymanov.

Matt Edwards, Director of the Office of Russia, Ukraine and Eurasia, Global Market-U.S. and Foreign Commercial Service, International Trade Administration, U.S. Department of Commerce, Security and Politics Program Chair at the Caspian Policy Center, moderated an insightful conversation among the Forum participants on the connectivity and infrastructure development in the Caspian region.

Moreover, Emil Majidov, Advisor to Minister of Economy of the Republic of Azerbaijan; Lasha Darsalia, First Deputy Minister of Foreign Affairs of Georgia; Zhaslan Madiyev, Deputy Chairman of the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan; Yavuz Selim Kıran, Deputy Minister of Foreign Affairs of the Republic of Turkey; Abdurahmon Safarali Abdurahmonzoda, Deputy Minister of Economic Development and Trade of the Republic of Tajikistan joined the ministerial roundtable to provide their thoughts on the interregional and international opportunities for strategic partnerships in the Caspian region.

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