News

World Customs Organization, ADB boost partnership for trade facilitation

Asian Development Bank (ADB) President Haruhiko Kuroda and Kunio Mikuriya, Secretary General of the World Customs Organization (WCO), signed a Memorandum of Understanding (MOU) to strengthen the strategic partnership between their two organizations to facilitate trade in Asia and the Pacific.

ADB signs first trade finance agreements in Uzbekistan

The Asian Development Bank (ADB) signed trade finance agreements with three banks in Uzbekistan. The agreements with Agrobank, Asaka Bank, and Hamkorbank are ADB's first such agreements in the Central Asian country.

ADB signs $350 million loan to help Uzbekistan boost energy efficiency

Asian Development Bank (ADB) President Haruhiko Kuroda signed a $350 million loan agreement to boost the efficiency of Uzbekistan's electricity supply through the construction of a new combined cycle gas turbine.

ADB expands trade finance program in Azerbaijan

Five banks in Azerbaijan signed trade finance agreements with the Asian Development Bank (ADB), a move that will help local companies conduct more international trade and become more closely integrated into regional and global business networks.

ADB to help Uzbekistan build efficient and clean power plant

The Asian Development Bank's (ADB) Board of Directors approved financing totaling $350 million to improve energy security and energy efficiency in Uzbekistan.

ADB to provide $600 million to improve key Uzbekistan road corridor

A key highway in Uzbekistan linking the Central Asian country to its neighbors is getting support from a $600 million Asian Development Bank (ADB) multitranche financing facility.

How CAREC stands to build a prosperous Central Asia

Nowadays trade, transport and energy relations play an important role in the regional cooperation and economic development of the countries. Asian Development Bank (ADB) pays serious attention to the regional cooperation.

Mongolian banks sign up to ADB’s trade finance facilitation program

Top officials from four Mongolian banks signed key trade finance agreements with the Asian Development Bank (ADB) that will help companies in Mongolia to conduct more international trade.

ADB commends Uzbekistan for promoting Central Asia regional cooperation

Asian Development Bank (ADB) President Haruhiko Kuroda praised Uzbekistan for its strong support for regional cooperation, saying that improved trade and transport links will help Central Asia reap the benefits of its strategic location.

ADB approves $1 billion in funding to support landmark rail program in PRC

The People's Republic of China (PRC) is to receive up to $1 billion from the Asian Development Bank (ADB) in a landmark program to support cleaner, safer and more energy efficient railway services in poor southwest regions of the country.