Trade between Central Asia and the Persian Gulf has increased nearly fourfold
The Eurasian Development Bank cited new transport routes and the EAEU-UAE agreement as factors
Trade between Central Asia and the Persian Gulf countries has grown nearly four times, according to its review.
Further growth, the bank estimates, may be driven by the development of transport routes, reduction of logistics costs, and trade liberalization. The EDB also noted the EAEU-UAE Agreement, which entered into force in October 2026.
Turkmenistan remains the largest recipient of foreign direct investment from the Gulf countries, with $14.4 billion. In Uzbekistan, the volume of such investments has increased more than 25 times, reaching $11.3 billion. In Kazakhstan, accumulated investments from the Gulf countries amounted to $5.3 billion by mid-2026.
