Significant economic growth is expected in Central Asian countries. The overall economic recovery in the region may be about 3% in 2018. At the same time, according to experts' forecasts, the most positive growth is most likely to be seen in Uzbekistan, Turkmenistan and Tajikistan, reaching about 6% economic boost. According to the World Bank, the pace of economic development can reach 3% in Kazakhstan and Kyrgyzstan. Chairman of the Kazakh Council on International Relations, Yerlan Karin, shared some of the anticipated forecasts for 2018.


 - This year’s overall dynamics should be positive. It will be influenced mainly by external factors such as small, but stable growth of energy prices. According to different data, oil prices may fluctuate in the range of $50-55 per barrel. According to various estimates, downward fluctuations are possible, but maintaining this range will, of course, allow for stabilization and more confident economic policy.

According to Kazakh analysts, active cooperation can become another significant factor in relations between the Central Asian countries this year. Analysts are expecting dynamic development of all-round partnerships between the Central Asian states in the near future. 2018 will also be aimed at strengthening regional cooperation through a variety of summits, forums and informal meetings. A meeting will be held at the highest level between the presidents of the Central Asia states for the first time in the past 13 years. This will expand cooperation in many spheres, analysts believe.


 - It is necessary to emphasize that the regional cooperation will mostly take place in the form of bilateral or maximum trilateral interactions. It will be either Kazakhstan-Uzbekistan and Uzbekistan-Kyrgyzstan, or Kazakhstan-Kyrgyzstan and Kazakhstan-Uzbekistan-Turkmenistan format.

Experts of the Kazakh Council on International Relations have included other equally important matters in the ten most important events in the region. Among them are demographic trends and elections, progress in digitalization, regional politics and security in Central Asia and Afghanistan, as well as Kazakhstan's presidency in the Security Council, the Summit of the Shanghai Cooperation Organization in China and addressing the water cooperation in the region.

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