2018 Trans-Caspian Forum
This year’s 2-day Trans-Caspian Forum organized by the Caspian Policy Center took place on May 17th and 18th at the U.S. Chamber of Commerce in Washington, DC.
This prime intraregional event drew more than 400 key decision makers from both U.S. and Caspian region private and government institutions who were interested in investing and establishing long-term business ties.
The Forum brought together the Central Asia, Caspian and the Black Sea strategic regions to form a viable trade and transit corridor between Europe and East and South-East Asia. Connecting trade, people and economies, the modern trans-Caspian corridor had an extensive and integrated network of infrastructure, special economic zones, harmonized customs and cross-border procedures.
The United States played an important role in the development of this corridor and its cooperation with the Caspian region countries has evolved into resilient strategic partnerships. Joint initiatives and projects such as the Baku-Tbilisi-Ceyhan oil pipeline and Southern Gas Corridor have greatly contributed to the increased business partnerships between the region and the United States. Regional infrastructure projects, such as С5+1 Transport Corridor Development, the Baku-Tbilisi-Kars railway and the multiple Port developments valued at over $50 billion, have been providing additional business opportunities including increased trade, investments and development of strategic infrastructure for facilitating commercially viable transit from which the United States and its companies can benefit.
The Trans-Caspian Forum presents a platform for public and private senior executives from the trans-Caspian countries to make this corridor a viable option for East-West trade and transit and provides a unique business setting for the regional governments to introduce infrastructure, investment, trade and transit opportunities to business leaders, policy-makers and the expert community across a variety of multinational industries.
Following its success in 2017, the Trans-Caspian Forum is expected to be the primary intraregional business platform of 2018 with tangible outcomes for the Caspian region.