Azerbaijan Republic E.M.Hajizadeh

 The research provides analysis of current geopolitical situation, energy potential, volume of oil and gas resources, industrial and economic potential of the six independent Turkic republics.

Based on the concept of the traditional integration and economic security in republic proceeding from perspective oil and gas resources, scientific justification for necessity of creation of common economic zone is provided. For development of cooperation author suggests new joint regional economic structure as well as establishment of joint ventures, regional oil exchange, fund, bank, contraction of a channel connecting Caspian Sea from south withWorldOceanand other effective market infrastructures.

30.New geopolitic situation and prospects of regional cooperation. Social sciences. University Dumlipinar.Turkey. Kutahija. №5. 2001. 0,7 v.q.