Regional Business Forum on Transport and Logistics ahead of the B5+1 Summit

Monday, 27 November 2023 11:09
Uluk Kydyrbaev, Head of the Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic, participated in a meeting of partners from Central Asian countries in the "Transport and Logistics" sector, in Tashkent, Uzbekistan. The discussion focused on barriers and opportunities for the development of transport links in Central Asia, including Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan, within the framework of the Regional Program for Improving the Business Climate (IBECA).
Participants expressed confidence that the B5+1 format would facilitate an open private-public dialogue among representatives of the private sector in Central Asia. They also anticipated collaborative efforts to develop National Business Programs in the "Transport and Logistics" sector, identified as a priority in Kyrgyzstan, Kazakhstan, Tajikistan, Uzbekistan, and Turkmenistan.
During the meeting, participants discussed a common agenda to enhance the transport connectivity of Central Asian countries, aiming to facilitate trade flows and strengthen regional integration by reducing constraints at border crossings.
The participants acknowledged that all Central Asian countries lack access to the sea, highlighting the overall high costs and barriers faced by transport and logistics companies in crossing borders. These challenges are associated with trade and customs procedures and administration.
It was noted that Central Asian countries are among the least "connected" economies globally, with the average connectivity indicator in the region being less than 60 percent concerning the transport accessibility coefficient to the global GDP – the lowest on this scale.
In this context, meeting participants identified key barriers in the "Transport and Logistics" sector, outlining obstacles and potential solutions through joint advocacy efforts and the implementation of reforms by the governments of Central Asian countries in the region.