Turkmenistan and Pakistan join CAREC as Central Asia partnership looks to 2020 The inclusion of Turkmenistan and Pakistan extends CAREC's reach to the Arabian Sea and beyond, improving Central Asia's competitiveness in world markets, including East and South Asia, Europe, and the Russian Federation.
Turkmenistan and Pakistan join CAREC as Central Asia partnership looks to 2020 Ministers at the 9th Ministerial Conference of the Central Asia Regional Economic Cooperation (CAREC) Program welcomed the accession of two new members - Turkmenistan and Pakistan. This is a special event, consolidating the CAREC partnership and its work in transport, trade facilitation, and trade policy.
Expanding CAREC takes stock of a decade of cooperation The Central Asia Regional Economic Cooperation (CAREC) Program is holding its 9th Ministerial Conference (MC) as member countries take stock of a partnership that is laying the groundwork for a truly integrated and globally connected region.
World Bank and Turkmenistan expand collaboration: Memorandum of understanding signed on a project to modernize Turkmenbashi Sea Port The International Bank for Reconstruction and Development and the Government of Turkmenistan have signed a Memorandum of Understanding to set the framework for collaboration in preparing an investment project which will further develop the port of Turkmenbashi and improve the efficiency of its operations.
World Bank supports reconstruction of Pakistan’s Karachi Port The World Bank’s Board of Directors endorsed the $115.8 million Karachi Port Improvement Project. The financing will help reconstruct the country’s largest port to relieve the capacity constraints and strengthen shipping revenues for the Pakistan economy.
Public-private partnerships can unlock Central Asia’s vast potential – ADB Public-private partnerships can play a vital role in unlocking Central Asia's vast economic potential, senior officials at the Asian Development Bank (ADB) told a business forum.
Public-Private Partnerships Can Unlock Central Asia’s Vast Potential – ADB Public-private partnerships can play a vital role in unlocking Central Asia's vast economic potential, senior officials at the Asian Development Bank (ADB) told a business forum.
CAREC program helping bolster regional ties in Central Asia: ADB Expanding transport, energy and trade links through regional cooperation to boost growth among the members of the Central Asia Regional Economic Cooperation (CAREC) community was highlighted at a seminar at ADB's 43rd Annual Meeting in Tashkent.
World Customs Organization, ADB boost partnership for trade facilitation Asian Development Bank (ADB) President Haruhiko Kuroda and Kunio Mikuriya, Secretary General of the World Customs Organization (WCO), signed a Memorandum of Understanding (MOU) to strengthen the strategic partnership between their two organizations to facilitate trade in Asia and the Pacific.
ADB signs first trade finance agreements in Uzbekistan The Asian Development Bank (ADB) signed trade finance agreements with three banks in Uzbekistan. The agreements with Agrobank, Asaka Bank, and Hamkorbank are ADB's first such agreements in the Central Asian country.
