Features

Faster Border Crossing Time, Higher Transport Costs in CAREC Countries

It takes slightly less time to cross border-crossing points (BCPs) but the cost of border clearances and traveling across CAREC corridors is significantly higher, according to the latest CAREC Corridor Performance Measurement and Monitoring (CPMM) Report.

Highlights of the CAREC Senior Officials Meeting

Aside from progress in the program's four priority sectors, the midyear CAREC Senior Officials' Meeting (SOM)discussed updates on the proposed economic corridor development (ECD) study, the CAREC development effectiveness review (DEfR), the CAREC corridor performance measurement and monitoring (CPMM) report, and the CAREC Institute.

47th Annual Meeting – Rethinking Asia’s Challenges at the Crossroads of the Silk Road

ADB's 47th Annual Meeting, held in Astana from 2 to 5 May, saw much discussion on connectivity, innovation, and the need to keep up with the demands of a changing Asia and Pacific.

Central Asia Cross-Border Trade and Transport

Rehabilitated roads in landlocked Tajikistan boost trade at home and with other Central Asian nations and the People's Republic of China.

Member Countries Start to Mainstream CAREC 2020 in National Development Programs

Five member countries of the Central Asia Regional Economic Cooperation (CAREC) Program have initiated discussion on mainstreaming CAREC 2020 into their national development programs. Azerbaijan, the Kyrgyz Republic, Mongolia, Turkmenistan, and Uzbekistan conducted in-country workshops in May 2012 to start this process, and to accelerate awareness-raising efforts of CAREC’s work.

Central Asia and the New Silk Road: 12 Things to Know

The thriving east-west trade that once prospered along the famed Silk Road is slowly being restored to its former glory through transport and trade links being rolled out under the Central Asia Regional Economic Cooperation program. Here are 12 facts and figures on the New Silk Road.

ADB pledges $4.7 billion to CAREC 2020

The Asian Development Bank (ADB) has allocated $4.7 billion over the next 3 years to support the new 10-year strategy for the Central Asia Regional Economic Cooperation (CAREC) Program or CAREC 2020, and its goals of trade expansion and improved competitiveness.

Central Asia Economy and Regional Trade

The thriving east-west trade that once spanned Central Eurasia along the famed Silk Road may soon be restored to its former glory thanks to growing transport and trade links being rolled out under the Central Asia Regional Economic Cooperation (CAREC) program.

Roads and Overland Travel Between Azerbaijan and Georgia

ADB's funding of the rehabilitation of the 35 kilometer stretch highway between Gazakh and Georgia border has led to enormous changes in the area.

Ministers endorse energy, results frameworks

Ministers at the 8th Ministerial Conference on Central Asia Regional Economic Cooperation (CAREC) on 16 October endorsed two major plans to advance cooperation in the region's transport, trade and energy sectors.