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CARTIF Chief Negotiators Advance First Round of Negotiations

CAREC chief negotiators and focal points met online on 19 October 2026 for the first round of negotiations on the CAREC Trade and Investment Facilitation Partnership (CARTIF) Agreement. Zulfia Karimova, Principal Regional Cooperation Specialist at CWRC, opened the meeting by reviewing progress and outlining next steps.  Participating countries finalized all three early-harvest protocols: Services Domestic […]

First CAREC Capital Markets Development Forum International Conference held in Mongolia

The first CAREC Capital Markets Development Forum International Conference (CMDF) was held in Ulaanbaatar on 2 October 2026, following the Forum’s launch at the 25th CAREC Ministerial Conference. The event brought together policymakers, regulators and financial experts to discuss the development of capital markets across the CAREC region.   The conference was opened by Jambaajamts Tundev, […]

ADB supports the establishment of the CAREC Capital Markets Development Forum

The CAREC Capital Markets Development Forum (CMDF) was officially launched during the 25th CAREC Ministerial Conference, held in Ulaanbaatar, Mongolia. The six founding members – the People’s Republic of China, Kazakhstan, Kyrgyz Republic, Mongolia, Pakistan, and Tajikistan signed the Memorandum of Understanding (MOU) establishing the Forum.  To strengthen regional cooperation and knowledge exchange, CMDF also […]

CAREC Business Forum 2026 Advances Regional Investment Dialogue and Private Sector Engagement

Around 400 representatives from governments, businesses, development partners, and international organizations gathered in Ulaanbaatar, Mongolia, for the CAREC Business Forum (BF) 2026, held alongside the 25th CAREC Ministerial Conference. Under the theme “Scaling Up Investment – Driving Infrastructure Transformation,” the forum provided a platform for dialogue on investment opportunities, regional connectivity, and public-private collaboration across […]

In Uzbekistan, CAREC Tourism Working Group Advances Regional Tourism Cooperation Agenda

From 9 to 11 September, in Tashkent (Uzbekistan), CAREC member countries, development partners, tourism experts, and private sector representatives convened for the CAREC Tourism Working Group (TWG) Meeting. The gathering marked the reactivation of the TWG and gave renewed momentum to implementation of the CAREC Tourism Strategy 2030 and the 2025 Memorandum of Understanding on CAREC […]

Chief Negotiators launched the first round of CARTIF negotiations virtually

On 7 September 2026, the CAREC Trade and Investment Facilitation Partnership (CARTIF) Chief Negotiators and focal points met virtually to launch the first round of negotiations on CARTIF Agreement. The meeting aims to reaffirm participating countries’ strong commitment to advancing regional economic integration through a structured and results-oriented negotiation process.   This online event was focused […]

CAREC Members, ADB Advance Preparations for the 25th Ministerial Conference

On 27 August, during online CAREC National Focal Points’ Meeting, co-chaired by Central and West Asia Regional Department Director General Leah Gutierrez, East Asia Regional Department Director General Ehsan Khan, and Director General Dugersuren Davaadash of Mongolia’s Ministry of Economy and Development, CAREC National Focal Points came together to discuss preparations for the 25th CAREC […]

ADB Approves $400 Million Financing Facility to Modernize Borders, Facilitate Trade in CAREC Region

The Asian Development Bank (ADB) has approved a $400 million regional financing facility to modernize border crossing points, reduce transport and logistics costs, and make the movement of people and goods across the CAREC region faster and more efficient.  The Border Upgrades for Integration, Logistics, and Development (BUILD) Facility will support priority investments in road […]
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