News

ADB assists in rehabilitation of road network in Central Asia to foster trade

he Asian Development Bank (ADB) is providing financial assistance to rehabilitate a key regional road network to reduce transport costs and foster trade and cooperation among Kyrgyz Republic, Tajikistan, other Central Asian nations, and neighboring People's Republic of China (PRC).

ADB: Regional cooperation essential to economic growth in Central Asia

Central Asian countries must work together to remove barriers hampering trade and improve roads and other infrastructure if the region is to maintain its rapid economic growth, a senior Asian Development Bank (ADB) official said ahead of a regional cooperation meeting.

Central Asia set to take major step forward in regional cooperation

Eight member countries of the Central Asia Regional Economic Cooperation (CAREC) program will discuss ways to deepen interaction and integrate more effectively with world markets in a meeting in Tajikistan .

Kyrgyz Republic, development partners cooperating to ensure sustainable growth

The Kyrgyz Republic and several development partners, including the Asian Development Bank (ADB) have agreed on a Joint Country Support Strategy for 2007-2010 that will aim at a high and sustainable economic growth for the Central Asian nation amid challenges brought about by political instability and geographical barriers.

ADB promoting increased flow of transit and trade in Afghanistan

ADB will help improve the environment for international trade and transit in Afghanistan through a grant of US$1.2 million to enhance the Government's handling of customs and trade facilitation.

Ministers adopt action plan to accelerate regional cooperation in Central Asia

Ministers from eight Central Asian and neighboring countries adopted a Comprehensive Action Plan to strengthen the momentum and increase the benefits of regional cooperation.

Promoting stronger private-public sector ties for Central Asian development

Business leaders from all over Central Asia will gather in a two-day forum to discuss opportunities for encouraging partnerships between private and public sectors in support of regional cooperation initiatives.

ADB seeks Kyrgyz Republic government inputs to CAREC’s Comprehensive Action Plan

The Kyrgyz Government and Asian Development Bank (ADB) discussed the preparation of a comprehensive action plan for the Central Asian Regional Economic Cooperation (CAREC) Program, at a national workshop in Bishkek.

Regional cooperation in trade, transport, and transit to benefit Central Asia, says ADB report

The Central Asian republics (CARs) would reap considerable benefits from accession to the World Trade Organization (WTO) and regional cooperation in trade policy within the multilateral framework, combined with greater regional cooperation in transport and customs transit, a new ADB report says.

ADB’s new program for Uzbekistan focuses on four key areas

ADB's new strategy for Uzbekistan will promote growth that benefits the country's poor while ensuring the maintenance of good governance across its entire program.