Joint investment funds established between Azerbaijan, Kyrgyzstan, and Uzbekistan are now operational, backed by the IMF amid warnings of economic overheating.
1 report, 1 independent
Updated Aug 1
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What happened
Joint investment funds established between Azerbaijan, Kyrgyzstan, and Uzbekistan are now operational, backed by the IMF amid warnings of economic overheating.
Who's involved
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The entities involved
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Azerbaijan
country in the Caucasus in Eastern Europe and Western Asia
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Kyrgyzstan
sovereign state in Central Asia
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Uzbekistan
sovereign state in Central Asia
- Azerbaijan, Kazakhstan, and Uzbekistan are cooperating on energy system interconnection and developing the Central Asia-Azerbaijan Green Energy Corridor.
- Azerbaijan facilitates energy transit and green energy cooperation with Central Asian neighbors, including Kazakhstan, Uzbekistan, and Turkmenistan.
Related events
- The Eurasian Fund for Stabilization and Development supports Kyrgyzstan's development through financing and policy assistance.
- Uzbekistan, Tajikistan, and Kyrgyzstan participate in a regional climate program, contributing to international climate finance via the Green Climate Fund.
- The International Monetary Fund has deployed a resident representative to Uzbekistan.