After the end of cold war, Central Asian countries were looking at US to perhaps increase its hegemony in this region, as the clear winner of the war. However lack of imperial instincts among US citizens did not let that opportunity to be exploited in this way. Nevertheless setting aside the claims of Turkey and Germany, US did increase its geopolitical position in the region having set up military bases in black sea region, South Caucus region and increasing its investments in the oil supplies from Caspian Sea in the initial years post 1991. It also promoted the ‘color’ revolution in break away countries.
Having already controlled the Arabian Resources and now having an opportunity to extend its control over Central Asian resources, it looked like US would rule Eurasia. But there are indications contrary to this belief. For one reason world is not ready to accept the covert and overt geostrategic initiates to continue to control more than 50% of world wealth by the 6.3 % of the world population living in US. Other contenders are claiming to be wealthier by sheer hard work. China is a natural contender for the Central Asian resources. New found cordiality in the relationship between Turkey and Russia is another indication of US might not capture all of the spoilt in this region. Moreover the distances between the region and US are unlikely to make it cost effective for US to control the resources particularly the Petroleum Gas. Local contenders like Turkey, Russia and even China are likely to take the front stage.
Increased consumption in China in good and fortune times has ensured energy demands are at the peak from this country. For sustaining the current industrial growth, oil and gas resources are key for China. Apart from investing in Siberian resources, China is heavily investing in Central Asian Region. With Russia finally agreeing to commit pipelines to China, the stronger new contender seems to be right on track.
Economic downturn has further reduced the morale of US to be a significant player in the New World of Eurasia. The lessons of the downturn are significantly indicating world powers to cooperate and not compete. In such a situation it is unclear about ‘who will rule the Eurasia’ in foreseeable future. Russia’s dwindling foreign currency reserves, European economic downturn and US crisis are keeping the traditional contenders postpone their dreams in Eurasia. It may look like that world is moving towards truly multipolarism, at least from the perspective of Eurasia.