The US is exploring potential investment opportunities in infrastructure to advance strategic projects in the Trans-Caspian Corridor.
In response to a question from Europetime, the State Department states that in order to actually advance important projects in the Trans-Caspian Corridor, the „US is currently evaluating potential areas for infrastructure investment.“
„Generally speaking, we welcome and encourage multilateral efforts in support of regional connectivity in Central Asia and South Caucasus westward to Europe. Such efforts contribute to the creation of a more secure, resilient, and prosperous region.
In close coordination with our European counterparts, the United States continues to support initiatives that enhance connectivity and diversify the economies of our Central Asian partners, including the EU Global Gateway Investors Forum, the Commercial Law Development Program’s Trans-Caspian Trade Route Coordination Platform, and USAID’s Trade Central Asia. Through the C5+1 diplomatic platform, we continue to promote regional cooperation and dialogue that helps the region address shared security and economic challenges while reaffirming the autonomy and sovereignty of our Central Asian partners. During the inaugural C5+1 Presidential Summit in September 2023, President Biden affirmed continued U.S. support through PGI to scale infrastructure investment and accelerate the economic development, energy security, and connectivity of the Trans-Caspian Corridor.
- Through PGI, the United States is currently evaluating potential areas for infrastructure investment where the U.S. Government could contribute project advisory technical assistance, project preparation, and/or financing to tangibly move forward strategic projects in the Trans-Caspian Corridor,“ a State Department spokesperson told Europetime.
