SEPT. 27 2011 (The Conway Bulletin) – The Silk Road is back in vogue, at least at the UN’s General Assembly last week.
On the sidelines of the meeting, US Secretary of State Hillary Clinton and foreign ministers from Europe, India, Pakistan, Afghanistan and Central Asia were busy plotting a revival of the ancient trading route.
Media reports said the US sees the Silk Road as a way of boosting economic activity in Afghanistan from 2014 when NATO forces pull out of the country.
But if the Silk Road, which has always been a concept rather than a single physical route, is going to return to its glory days it requires a stable, prosperous and open Central Asia through which trade can flow.
Kazakhstan, with its anticipated economic growth of around 7% a year and increasingly open markets, is perhaps the only Central Asian state which fits that description. Uzbekistan and Turkmenistan are relatively closed and instability plagues Kyrgyzstan and Tajikistan.
Of course, a modern day trading system already straddles Central Asia. Lorries carry goods from China to Russia and on to Europe and pipelines pump oil from the Caspian to Western markets. It may not be the Silk Road with Afghanistan at its core that the US envisages, but it is a start.
ENDS
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(News report from Issue No. 058, published on Sept. 27 2011)