GCC-Central Asia summit sets an unprecedent model of regional cooperation 
The GCC-Central Asia Summit held in Jeddah marked a pivotal moment in history, where leaders from both regions recognized the pressing need to join forces to address the challenges of the contemporary world.
GCC-Central Asia summit sets an unprecedent model of regional cooperation 
Geurasia

GCC-Central Asia summit sets an unprecedent model of regional cooperation 

Photo: AFP/SPA
Eurasia 29/07/2023 12:45

The GCC-Central Asia Summit held in Jeddah marked a pivotal moment in history, where leaders from both regions recognized the pressing need to join forces to address the challenges of the contemporary world, according to a new analysis published by Modern Diplomacy.

Central Asian countries summit provides a promising model of region-to-region cooperation, which will give a new impetus to partnership, said Sanat Kushkumbayev, deputy director of the Kazakhstan Institute for Strategic Studies. The summit held in Jeddah on July 19 marked a pivotal moment in history, where leaders from both regions recognized the pressing need to join forces to address the challenges of the contemporary world, according to Modern Diplomacy.

Against a backdrop of historical, religious, and cultural linkages, the summit provided a platform to harness the strengths of each region and find common ground to achieve security, stability, and prosperity, the site noted.

The Gulf Cooperation Council (GCC) and Central Asia both possess unique strengths that can significantly benefit each other. The GCC nations have emerged as economic powerhouses, boasting vast natural resources, advanced infrastructure, and well-developed financial systems. On the other hand, Central Asia, with its strategic location, abundant energy resources, and natural resources, offers immense opportunities for investment and trade.
AFP/SPA
To foster successful cooperation, the GCC and Central Asia must leverage their strengths to complement each other effectively. The GCC’s expertise in infrastructure development and investment capabilities can play a crucial role in supporting the economic diversification efforts of Central Asian countries. Additionally, Central Asia’s resources can serve as a reliable source for the Gulf nations, reducing their dependence on external suppliers and enhancing security and sustainable developments, Modern Diplomacy wrote in their analysis.

Looking ahead, the GCC and Central Asia must prioritize several key areas to realize their vision of a mutually beneficial partnership. Frist of all, the countries need to encourage bilateral trade and investment through the removal of barriers and the establishment of preferential trade agreements. The move can boost economic growth in both regions.

Secondly, the regions need to foster joint development project. Collaborative efforts in infrastructure development, energy exploration, and tourism initiatives will create new avenues for economic progress.

Moreover, significant steps toward boosting people-to-people exchange should be taken. Facilitating cultural exchanges, educational programs, and tourism will foster greater understanding and appreciation between the citizens of GCC and Central Asia, the site noted.

Last but not least the countries need to foster cooperation on the field of security. Addressing common security challenges, including terrorism, extremism, and illicit trafficking, requires joint intelligence sharing and coordinated efforts.

The GCC-Central Asia Summit in Jeddah served as a defining moment in fostering closer cooperation between the two regions, Modern Diplomacy suggested. As they join hands, the impact of their cooperation will extend beyond their borders, positively influencing global politics and inspiring collaborative efforts in other parts of the world. With optimism and determination, the GCC and Central Asia can chart a path of progress and prosperity, guided by a spirit of unity and shared purpose. Definitely, it will result in poverty alleviation and up-lifting the standard of life of the entire region, contribution toward global economy and stability. Optimistically, it will be win-win cooperation and contributive to all parties and region.

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