CPC - Caspian Policy Center

Events

The 8th Annual Trans-Caspian Forum: How to Maximize the Middle Corridor

The 8th Annual Trans-Caspian Forum: How to Maximize the Middle Corridor

 

Panel 1 – Building on the United States-Caspian Strategic Partnership  

9:00 AM - 11:00 AM 

 

In the last year, cooperation between the United States and countries of the Caspian Region have continued to grow. With the energy and security crises emerging from the Russia-Ukraine War, it has become clear just how important it is to nurture strategic engagement with the Caspian. The changing global paradigm has demonstrated a need for the United States to reevaluate how best to assist countries in this crossroads region secure their economic sovereignties through enhanced connectivity and increased trade. The United States and the Caspian region will need to develop and employ decisive and cooperative solutions to protect their national interests, as well as to collaborate with a diverse set of international partners.
 

9:00 am – 9:05 am Opening Remarks 

  • Efgan Nifti, President, Caspian Policy Center

 

9:05 am – 9:45 am Keynote Remarks 

 

9:45 am – 11:00 am Ambassadorial Addresses 

 

11:00 am – 11:15 am Coffee Break

 

Panel 2 – Maximizing Development Impact: Prioritization & Coordination 

11:15 AM - 12:30 PM 

 

The Middle Corridor is a network of routes that cross Central Asia, the Caspian Sea, the South Caucasus and Turkey, constituting a multimodal transport corridor that combines road, rail and sea transportation. It represents the shortest path for goods traded from China to Europe, 3,000km less than the northern route through Russia. As part of the EU’s Global Gateway trade network, European and international donors announced in January of this year an intention to commit $10.8 billion additional euros to support Middle corridor connectivity between Europe and Central Asia.  The money will be used for a wide range of projects, paralleling World Bank and other donor efforts.  What kinds of developmental coordination and prioritization mechanisms would seem opportune, to focus investment resources and ensure appropriate planning?

 

11:15 am – 12:30 pm Panel Discussion 

 

12:30 pm – 01:30 pm Lunch

 

Panel 3 – How to Do Business Better Along the Middle Corridor: 

 

Experts Discuss Needs and Opportunities 

1:30 PM - 2:30 PM 

 

Though infrastructure gaps and challenges inhibit the Middle Corridor’s potential, some business is doing well.  Experts from the energy, business, and extractive sectors discuss what works and what can work better in the Caspian region.   What steps can be taken to address institutionalized impediments to doing business in the Caspian region?  What has the creation of the Middle Corridor meant for international business? Are there low-hanging fruits to improve business capabilities?

 

1:30 pm – 2:30 pm Panel Discussion