Financial Times FT.com

Guest column - Pierre Morel: The importance of engagement with the neighbours

Published: October 30 2008 09:32 | Last updated: October 30 2008 09:32

Central Asia is not a familiar region for most Europeans, but many have begun to realise that it has a growing importance for them. The region’s strategic position provides western countries with direct access to Afghanistan. The growing influence of Islamic extremism poses a serious security risk beyond its boundaries and the lack of human rights and the rule of law in combination with low living standards creates tensions that may destabilise some parts of central Asia. Furthermore, the crisis in Georgia has increased awareness of the potential impact of any conflict originating in this vast region.

The emerging attention is generally focused on energy resources – for good reason. After decades of plenty, the European Union must face the gradual depletion of North Sea potential, and take note of the fact that Kazakhstan will quite soon become the world’s fourth largest producer of oil. Turkmenistan, as well, may soon become one of the most important sources of natural gas for European consumers.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this

"Front page" sub navigation

"World" sub navigation

"Asia-Pacific" sub navigation

"Europe" sub navigation

"Latin America & Caribbean" sub navigation

"Middle East & North Africa" sub navigation

"UK" sub navigation

"US & Canada" sub navigation

"Companies" sub navigation

"Energy" sub navigation

"Financials" sub navigation

"Health" sub navigation

"Industrials" sub navigation

"Retail & Consumer" sub navigation

"Technology" sub navigation

"Transport" sub navigation

"By region" sub navigation

"Columnists" sub navigation

"Markets" sub navigation

"FTfm" sub navigation

"Markets Data" sub navigation

"FT Trading Room" sub navigation

"Equities" sub navigation

"Columnists" sub navigation

"Lex" sub navigation

"Comment" sub navigation

"Interactive" sub navigation

"Management" sub navigation

"Columnists" sub navigation

"Business Education" sub navigation

"MBA" sub navigation

"Masters in Management" sub navigation

"Executive MBA" sub navigation

"Executive Education" sub navigation

"Personal Finance" sub navigation

"Investments" sub navigation

"Money Matters" sub navigation

"Tools & Calculators" sub navigation

"Compare & Apply" sub navigation

"Life & Arts" sub navigation

"Arts" sub navigation

"Pursuits" sub navigation

"Travel" sub navigation

"Columnists" sub navigation

"In depth" sub navigation

"Special Reports" sub navigation

"Jobs & classified" sub navigation

"Jobs" sub navigation

"Services & tools" sub navigation

"News by email" sub navigation

FT Alphaville

Mergermarket

Debtwire

Market-moving economics

FT.com RSS Feeds

FT Lexicon