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The region of Central Asia and the Caucasus It is emerging as a strategic destination for the expansion of Andalusian companies, with projected GDP growth of approximately 4,5-5,5% in 2025 for Kazakhstan, approximately 6,2% for Uzbekistan, and approximately 2-2,5% for [unspecified]. Azerbaiyán and ≈ 7% for Georgia.
Each country is immersed in ambitious national plans that prioritize the development and modernization of the energy industry, agribusiness, construction, and logistics and transportation services. Meanwhile, Kazakhstan, whose main trading partner is the UEWith its extensive resources and sovereign wealth fund, it is fostering an innovative industrial strategy and rail corridors (Trans Caspian Transport Corridor); Uzbekistan is focusing on agri-food value chains, economic diversification, the automotive industry, and digitalization; Azerbaijan, as the economic leader of the South Caucasus, is incorporating policies for its development in renewable energy and the green economy and is committed to boosting the diversification of its economy beyond oil and gas; and Georgia is positioning itself as a regional logistics hub given its access to the sea and preferential trade agreements with the EU. Sectors such as agri-food, agricultural machinery, construction materials, and all types of capital goods, among many others, will offer clear opportunities in the coming years.
Speaker:
- Adolfo Romero de Marcelo, Partner at ESKZ, Andalucia TRADE's branch in Central Asia and the Caucasus
Date: December 18
Time: 10:00 hrs.
Location: Online
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