In November 2024, the Bourse & Bazaar Foundation and the Hollings Center for International Dialogue hosted a high-level workshop in Istanbul to explore the evolving strategic relationship between the Gulf and Central Asia. The discussion aimed to identify practical areas of cooperation and to move beyond symbolic diplomacy toward actionable projects in infrastructure, energy, trade, and digitalization. By bringing together scholars, policymakers, and private sector experts, the event created a platform for connecting ideas with real opportunities for interregional engagement.

The dialogue highlighted that both the Gulf and Central Asia are experiencing major economic and political transitions. Gulf countries are using long-term visions such as Saudi Arabia’s Vision 2030 and the UAE’s Principles of the 50 to diversify their economies, attract investment, and strengthen their role in global markets. At the same time, Central Asian states—led by Uzbekistan and Kazakhstan—are implementing reforms, liberalizing markets, and seeking multiple partners to reduce reliance on any single global power. These shifts are driving momentum for business-focused cooperation in logistics, energy projects, and investment corridors that benefit both regions and align with U.S. interests in diversifying trade routes away from China and Russia.

Participants agreed that a sustainable partnership requires stronger institutional support and public engagement. Regulatory barriers, outdated customs systems, and weak infrastructure continue to limit trade and investment. Expanding people-to-people ties, creating business councils, and developing clear research outputs were identified as critical next steps. By addressing these challenges and turning dialogue into action, the Gulf and Central Asia can create a durable, mutually beneficial framework for connectivity, economic growth, and long-term regional stability.