This study attempts to identify geopolitical competition and capacities of the US, Russia and China in Central Asia. The aim of this research is to assess whether the engagement of great powers in Central Asia is identical to the old Great Game. An interesting tug-of-war has been going on, in which the Central Asian Republics (CARs) are offering space to their patrons. The great powers have promised to promote stability in this region as deteriorating security in adjacent Afghanistan could have a domino effect on the regional and global security. Central Asia, after 25 years of independence, is still seeking partners to improve its security. The great powers are aware of the geopolitical and geo-economic importance of this region and focusing on fostering ties with the CARs by promoting regionalism. This paper seeks to offer an overview of the new emerging regional dynamics in Central Asia and dealing of the CARs (Kazakhstan, Kyrgyzstan, Turkmenistan, Tajikistan and Uzbekistan) with the great powers.