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The Revival of Regional Cooperation in Central Asia and the Perspective of Hungary's Eastern Opening Policy

Author

Listed:
  • Barkanyi, Peter
  • Vasa, Laszlo

Abstract

Subject and purpose of the work: This study explores the specifics of strengthening Central Asian regional cooperation and its potential opportunities according to Hungary’s Eastern Opening Policy. Materials and methods: A two-pronged approach was used to conduct this study, which included a comprehensive literature review of relevant academic publications on regional cooperation, as well as an examination of cooperation projects to identify specific characteristics. Results are explicated using descriptive methodology for the analysis. Results: Central Asian regional integration differs from the traditional model, emphasising the importance of historical factors and the strengthening of Turkish ethnic identity as a foundation for unification efforts. Conclusions: Foreign economic engagement in Central Asia requires a continuous and assertive presence, along with the development of mutual trust due to the region’s unique historical, cultural and geopolitical context. These tendencies and intentions have been recognised by Hungarian foreign strategy - in line with the Eastern Opening Policy - with good sense and at a good pace.

Suggested Citation

  • Barkanyi, Peter & Vasa, Laszlo, 2023. "The Revival of Regional Cooperation in Central Asia and the Perspective of Hungary's Eastern Opening Policy," Economic and Regional Studies (Studia Ekonomiczne i Regionalne), John Paul II University of Applied Sciences in Biala Podlaska, vol. 16(2), June.
  • Handle: RePEc:ags:plecrs:339218
    DOI: 10.22004/ag.econ.339218
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