News

World Bank supports Afghanistan’s customs reform efforts

The World Bank approved an additional grant of $21.50 million to improve the effectiveness of customs clearance at border crossings and inland clearance depots (ICDs) in Afghanistan.

Logistics centers can become hubs of freight activity in PRC

Market-based logistics centers linking rails, flights, ships and other modes of transportation can facilitate the storage, handling, and movement of the People's Republic of China’s (PRC's) containerized freight, more effectively connecting PRC’s local markets with the rest of the world, according to a new World Bank research paper.

ADB annual meeting in Baku to focus on partnership for development

About 3,000 government officials, business leaders, investors, journalists, and representatives from civil society will gather on 2-5 May at the Heydar Aliyev Center in Baku, Azerbaijan, for the Asian Development Bank’s (ADB) 48th Annual Meeting of its Board of Governors.

Containers on rail: PRC’s next big opportunity in supply chain logistics

The transportation of containers by rail could grow substantially in the People's Republic of China, especially if the nation continues adopting the kind of operating practices and regulatory reforms that have boosted the development of the North American rail network, according to a new World Bank research paper.

ADB president visits Kyrgyz Republic to strengthen partnership, attend CAREC ministerial meeting

Asian Development Bank (ADB) President Takehiko Nakao met with President Almazbek Atambaev and Prime Minister Djoomart Otorbaev during his two-day visit to the Kyrgyz Republic to discuss ADB’s support for the government’s development agenda, and the need to continue the focus on poverty reduction and inclusive growth.

ADB supports forum to promote investment in Georgia

The Asian Development Bank and the Government of Georgia opened the inaugural international investment forum—"Georgia – Regional Hub and Asia's Gateway to Europe"—to promote the country as an attractive investment destination.

Tajikistan to improve investment climate via ADB, Japan support

Improving the investment climate in Tajikistan, supporting knowledge transfer to businesses, and attracting potential investors to the country are at the heart of new technical assistance by the Asian Development Bank (ADB) and the Government of Japan.

ADB partners with two Uzbek banks on trade finance program

Two banks in Uzbekistan have signed agreements with the Asian Development Bank's Trade Finance Program to support more trade.

ADB president meets Kazakhstan prime minister, attends CAREC conference

The President of the Asian Development Bank (ADB), Takehiko Nakao, is in Astana, Kazakhstan to discuss ADB Annual Meeting preparations with the Government of Kazakhstan and to attend the 12th Ministerial Conference on Central Asia Regional Economic Cooperation (CAREC).

Trade in Kazakhstan seen rising as ADB, local banks sign trade finance deals

Two local banks in Kazakhstan signed trade finance agreements with the Asian Development Bank (ADB) to boost their lending portfolios to domestic trading companies whose financing were hampered by a series of bank restructurings in the country.