News

ADB, Georgia sign $250 million loan for CAREC Corridor 2 Tbilisi Bypass Road Project

On 4 August 2026, the Georgia’s Minister of Finance and Asian Development Bank Governor Lasha Khutsishvili and Georgia Resident Mission Country Director Lesley Bearman Lahm signed a loan agreement for the Tbilisi Bypass Road Project.   The $250 million loan will extend Georgia’s East–West Highway, enhancing regional connectivity and strengthening climate-resilient infrastructure. The upgraded road will improve the […]

CAREC members discuss feasibility of CAREC Digital Corridor

On 29-30 July, in Islamabad, the CAREC Secretariat and SD-DIG spearheaded the regional consultation for the proposed CAREC Digital Corridor. The meeting, with participants from digital ministries, regulatory agencies, and telecom operators, discussed the outcomes of the feasibility study, which identified the regional digital connectivity gaps and presented a comprehensive set of infrastructure and policy […]

3rd CAREC Water Pillar Working Group meeting highlights transboundary water investments, cooperation

CAREC member countries identified potential regional and subregional water investments and agreed next steps to strengthen transboundary water cooperation at the 3rd CAREC Water Pillar Working Group Meeting held in Almaty, Kazakhstan on 15-16 July. The meeting convened 66 representatives from Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, Uzbekistan, regional organizations, and development partners. […]

ADB convenes CAREC CSPPF Korea Outreach and Business Engagement Event in Seoul

On 9 July 2026, in Seoul, Republic of Korea (ROK), the Asian Development Bank convened the CAREC Climate and Sustainability Project Preparatory Fund (CSPPF) Korea Outreach and Business Engagement Event, with support from the Korea Development Institute’s Global Knowledge Exchange and Development Center. This event brought together over 80 participants from over 40 Korean companies, […]

ADB advances regional tourism cooperation under the Almaty–Bishkek Economic Corridor

On 26 June, in Bishkek, Kyrgyz Republic, the Asian Development Bank facilitated the Joint Kazakh–Kyrgyz Tourism Working Group Meeting under the Almaty–Bishkek Economic Corridor (ABEC). The meeting was aimed to review the updated ABEC Tourism Master Plan and to agree on priority actions for implementation. Kazakhstan and Kyrgyz Republic are rolling out a harmonized Accommodation Classification System, overseen by an Advisory Council that convened for the first time during the meeting. Also, they are […]

CAREC Countries Advance Regional Approach on Carbon Markets

In Tashkent, Uzbekistan, on 23–24 June 2026, senior officials and carbon market experts from across the region gathered for the 5th Meeting of the CAREC Working Group on Climate Change to chart a collaborative path toward carbon market development.

ADB helps advance green skills agenda in the Kyrgyz Republic

In Bishkek, on 18 June 2026, the Asian Development Bank and the Ministry of Education of the Kyrgyz Republic convened a technical workshop for the Inter-Agency Working Group on Skills, bringing together government, education, and private sector stakeholders. They discussed the integration of green skills and just transition principles into technical and vocational education and […]

CAREC Customs officials hold 25th Annual Meeting

In Ulaanbaatar, Mongolia, on 5 June, the CAREC Customs Cooperation Committee convened its 25th Annual Meeting in to review progress on priority customs initiatives, exchange experience, and set directions for future cooperation. This event was co-chaired by Enkhtaivan Gelegjamts, Deputy Director General of the Mongolian Customs General Administration, and Tsendsuren Davaa, Head of the Customs […]

CAREC senior officials deliberate on 2026 priorities and future vision at the Ulaanbaatar meeting

Ministers and senior officials from CAREC member countries and development partners convened in Ulaanbaatar, Mongolia, on 11–12 June 2026 for the CAREC Senior Officials’ Meeting (SOM), chaired by the Government of Mongolia. Vice Minister Davaasuren Sodnomdarjaa of Mongolia’s Ministry of Economy and Development, CWRD Director General Leah Gutierrez, and EARD Director General Ehsan Khan underscored the […]

CAREC Trade and Customs to Accelerate Regional Trade Agenda

In Ulaanbaatar on June 4, 2026, members of Regional Trade Group and Customs Cooperation Committee of the CAREC Program discussed the progress of implementation of the recommendations of the Midterm Review of  CAREC Integrated Trade Agenda 2030. Mongolia Ministry of Economy and Development State Secretary, Batkhuu Idesh and Regional Head, Regional Cooperation and Integration, Central and West […]