News

CAREC countries seek trade expansion through regional cooperation

The eight countries of the Central Asian Regional Economic Cooperation (CAREC) Program agreed on a Trade Policy Strategic Action Plan (TPSAP) to expand trade through regional cooperation.

ADB providing CAREC $4.5 million to improve research and training coordination

The Asian Development Bank is providing $4.5 million to foster closer cooperation among participating countries of the Central Asia Regional Economic Cooperation (CAREC) by establishing a virtual institute that will coordinate research, training, and dialogue within the regional organization.

ADB looks to expand in South Caucasus and Central Asia

The Asian Development Bank is expanding its operations in Central Asia and the South Caucasus and in order to support this it will open new offices in Armenia, Georgia and Turkmenistan.

ADB extends $3M grant to facilitate trade in Central Asia

The Asian Development Bank is providing a $3 million grant to facilitate trade among member nations of the Central Asia Regional Economic Cooperation as part of efforts to promote sustained economic progress across the region

ADB assists in rehabilitation of road network in Central Asia to foster trade

he Asian Development Bank (ADB) is providing financial assistance to rehabilitate a key regional road network to reduce transport costs and foster trade and cooperation among Kyrgyz Republic, Tajikistan, other Central Asian nations, and neighboring People's Republic of China (PRC).

ADB helping Central Asian gateway expand coverage

ADB is supporting the Central Asian Gateway Project to expand its coverage and strengthen efforts to build a network of research institutes in Central Asia and neighboring countries.

Ministers adopt action plan to accelerate regional cooperation in Central Asia

Ministers from eight Central Asian and neighboring countries adopted a Comprehensive Action Plan to strengthen the momentum and increase the benefits of regional cooperation.

Business leaders call for greater role in the development of Central Asia

More than 200 business leaders and policymakers gathered for the Central Asia Regional Economic Cooperation (CAREC) Business Development Forum (BDF), exploring the vast opportunities for private and public sectors to enter into partnerships for development.

Promoting stronger private-public sector ties for Central Asian development

Business leaders from all over Central Asia will gather in a two-day forum to discuss opportunities for encouraging partnerships between private and public sectors in support of regional cooperation initiatives.

Regional cooperation in trade, transport, and transit to benefit Central Asia, says ADB report

The Central Asian republics (CARs) would reap considerable benefits from accession to the World Trade Organization (WTO) and regional cooperation in trade policy within the multilateral framework, combined with greater regional cooperation in transport and customs transit, a new ADB report says.