Trade via rail in Central Asia has proven highly effective in recent years. It needs further support to take it to the next level.
Turkmenistan is working on an innovative program introduce solar power generated steam in a gas fired power station and allow the turbine to use both solar and gas-powered steam based on availability to generate electricity.
Central Asia has the opportunity to create a sustainable, safe, easily accessible, and well-known tourism destination that provides a variety of year-round, quality experiences.
Central Asia’s long-term economic prosperity depends upon participation in global value chains and upgrading to higher value-added activities.
By working together with countries to make sound socioeconomic development strategies, multilateral financial institutions can contribute substantially to the fight against the pandemic.
With expanding regional cooperation and a readily available platform, the building blocks are in place for Central Asia to achieve energy security, resilience and economic competitiveness.
Governments in Central and West Asia must commit to reforms and get them right, or face a downward spiral. The costs of the crisis are already obvious in rising deficits and debt. There is no room for complacency.
During the pandemic, corruption in projects could mean the difference between life and death for the poor and vulnerable.
Our research indicates that the global economy could lose more than $100 billion in remittances. Governments need to act fast to protect the most vulnerable in society from this loss of vital income.
The historic spirit of cross-border trade in Central Asia is being revived in the energy sector.