Features

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.

Turkmenistan’s Path to WTO Accession

Turkmenistan officially set up a new state commission on joining the World Trade Organization (WTO) as declared by Deputy Chairman of Cabinet of Ministers, Annamukhammet Gochiev, at the weekly meeting of the Cabinet of Ministers on 24 January 2013 in Ashgabat.

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.

Turkmenistan Gets $125 Million ADB Loan for a Regional Railway Project

Turkmenistan will receive a $125 million loan, its first from the Asian Development Bank (ADB), to fund the North–South Railway Project, to install power, signaling, and telecommunication systems on 311 kilometers (km) of the 934 km planned North–South Railway Corridor.

A Perfect 10 for CAREC

As the Central Asia Regional Economic Cooperation (CAREC) Program prepares for its next decade of regional cooperation, Ministers at the 9th Ministerial Conference in Cebu, Philippines welcomed the accession of two new members - Turkmenistan and Pakistan - increasing the Program’s member countries from 8 to 10.

CAREC Corridor 2 Road Project Gets $600 Million ADB Funding

The Uzbekistan road section of the A380 highway, which forms part of the Central Asia Regional Economic Cooperation (CAREC) Program's Corridor 2, is getting support from a $600 million Asian Development Bank (ADB) multitranche financing facility.