ECONOMIC RELATIONS OF TÜRKIYE WITH THE TURKIC STATES OF SOUTH CAUCASUS AND CENTRAL ASIA

Year 2024, Volume: 6 Issue: 3, 55 - 73, 31.07.2024

Zumrud Melikova

Abstract

In the present era, the Turkic states are experiencing an upward trajectory in the expansion of their relationships, particularly in the economic sphere. After the collapse of the USSR, the Turkic states that regained their independence – Azerbaijan, Kazakhstan, Kyrgyzstan, Turkmenistan, and Uzbekistan – followed different dynamics of economic development. These Turkic states are located in regions of significant geopolitical and geostrategic importance, spanning a wide area from the Adriatic to the Great Wall of China. The purpose of the study is to examine the dynamics of the development of economic relations between Türkiye and the Turkic states of South Caucasus and Central Asia in the modern era. The main objectives are to examine the economic potential of the Turkic states and Türkiye’s economic policy towards the Turkic states of the South Caucasus and Central Asia, to analyze the development dynamics and characteristics of the economic relations between Türkiye and the Turkic states of these two regions.

Keywords

Türkiye, Turkic states, Bilateral economic relations, Cooperation in the energy sphere, Economic potential, Economic policy, Turkic integration

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