News

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.

ADB, OFID sign risk-sharing agreement on trade finance program

The Asian Development Bank and the OPEC Fund for International Development signed a risk distribution agreement to support trade in emerging Asian countries under ADB's Trade Finance Program.

CAREC ministers agree on $23 billion action plan to boost Central Asian links

Ministers of the 10 Central Asia Regional Economic Cooperation (CAREC) Program nations have agreed on a plan to implement more than $23 billion in new regional transport infrastructure projects, together with energy and trade initiatives, aimed at creating seamless connectivity and greater prosperity in the region.

CAREC ministers to gather in People’s Republic of China to chart way forward for the region

Ministers from 10 nations spanning the Caucasus, Central, East, and South Asia will gather on 29-31 October to discuss concrete ways to boost connectivity and cooperation in their region through to 2020.

Tajikistan improves connectivity and increases trade with CAREC support

More than 500 kilometers of regional roads in Tajikistan get support under the Central Asia Regional Economic Cooperation (CAREC) Program.