News

CAREC ministers agree on $23 billion action plan to boost Central Asian links

Ministers of the 10 Central Asia Regional Economic Cooperation (CAREC) Program nations have agreed on a plan to implement more than $23 billion in new regional transport infrastructure projects, together with energy and trade initiatives, aimed at creating seamless connectivity and greater prosperity in the region.

CAREC ministers to gather in People’s Republic of China to chart way forward for the region

Ministers from 10 nations spanning the Caucasus, Central, East, and South Asia will gather on 29-31 October to discuss concrete ways to boost connectivity and cooperation in their region through to 2020.

CAREC Ministerial Conference opens in People’s Republic of China

The 11th Ministerial Conference on Central Asia Regional Economic Cooperation (CAREC) is taking place in Wuhan, People’s Republic of China (PRC) on 29-31 October.

CAREC officials discuss cross-border transport arrangements

Senior customs, transport, and finance officials from the 10 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program reviewed cross-border transport arrangements for CAREC corridors at a seminar in Beijing, People’s Republic of China.

Nearly 1.5 million rural residents in Azerbaijan to benefit from improved infrastructure and better social services

The World Bank’s Board of Executive Directors approved a $30 million loan for the Second Rural Investment Project in Azerbaijan (AzRIP-2). The goal of the project is to improve access to community-driven rural infrastructure and expand economic activities for rural households.

Development partners commit to support CAREC 2020

Ministers and senior representatives of development agencies met in Baku, Azerbaijan to discuss support for the new 10-year strategy for the Central Asia Regional Economic Cooperation (CAREC) Program.

Regional cooperation on track as CAREC endorses 10-year strategy

Ministers from the 10-country Central Asia Regional Economic Cooperation (CAREC) Program endorsed CAREC 2020, a framework for intensified regional cooperation that promises to build on the program's first decade of achievement.

CAREC 2020: Boosting trade, transport, and energy in Central Asia

Senior officials from the 10 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program, met today in Baku, Azerbaijan, and moved towards completing a strategic framework that over the next decade will help further develop regional transport networks, boost regional trade, and help secure reliable, efficient energy.

ADB lays groundwork for easier border crossing in Central Asia

The Asian Development Bank (ADB) has approved a technical assistance grant for a feasibility study for the upgrading and modernization of border crossing points in Central Asia.

Kyrgyz Republic, Tajikistan sign cross-border transport agreement under CAREC

Kubanychbek Mamaev, Permanent Secretary of the Ministry of Transport and Communications of the Kyrgyz Republic, and Olimjon Boboev, Minister of Transport and Communications of the Republic of Tajikistan, signed a Cross-Border Transport Agreement (CBTA) that will promote bilateral and regional trade. This is the first CBTA signed under the Central Asia Regional Economic Cooperation (CAREC) Program.