News

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.

ADB expands trade finance program in Azerbaijan

Five banks in Azerbaijan signed trade finance agreements with the Asian Development Bank (ADB), a move that will help local companies conduct more international trade and become more closely integrated into regional and global business networks.

How CAREC stands to build a prosperous Central Asia

Nowadays trade, transport and energy relations play an important role in the regional cooperation and economic development of the countries. Asian Development Bank (ADB) pays serious attention to the regional cooperation.

Mongolian banks sign up to ADB’s trade finance facilitation program

Top officials from four Mongolian banks signed key trade finance agreements with the Asian Development Bank (ADB) that will help companies in Mongolia to conduct more international trade.

ADB commends Uzbekistan for promoting Central Asia regional cooperation

Asian Development Bank (ADB) President Haruhiko Kuroda praised Uzbekistan for its strong support for regional cooperation, saying that improved trade and transport links will help Central Asia reap the benefits of its strategic location.

ADB officials in Central Asia to promote trade finance program

Private sector officials from the Asian Development Bank today completed a visit to Azerbaijan, Mongolia and Uzbekistan as part of ADB's push to expand its Trade Finance Facilitation Program throughout Central Asia.

Central Asian governments endorse plans to boost integration, trade

Ministers at the 8th Ministerial Conference on Central Asia Regional Economic Cooperation (CAREC) endorsed two major plans to advance cooperation in the region's transport, trade and energy sectors.

ADB president calls for more investment, cooperation, to Improve CAREC trade logistics system

Efficient and cost-competitive transportation and logistics services will help governments in the Central Asia Regional Economic Cooperation (CAREC) region stimulate economic activity and promote social and political cohesion, Asian Development Bank (ADB) President Haruhiko Kuroda said.

Central Asian nations gather in Ulaanbaatar for 8th CAREC Ministerial Meeting

Ministers from across Central Asia are gathering in Ulaanbaatar, Mongolia, for a major annual conference aimed at building transport and energy infrastructure, simplifying border and trade arrangements, and fostering closer cooperation among countries in the region.

CAREC Program adopts ambitious transport, trade, and energy Plans

Eight countries today adopted strategy documents outlining ambitious plans to deepen regional economic cooperation in transport, trade facilitation, trade policy, and energy in Central Asia and neighboring states.