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ADB convenes CSPPF China Outreach and Business Engagement event in Shanghai

On 25 May 2026, Asian Development Bank (ADB), the CAREC Institute and the Shanghai National Accounting Institute, co-hosted the CAREC Climate and Sustainability Project Preparatory Fund (CSPPF) China Outreach and Business Engagement event in Shanghai. This meeting brought together senior business leaders from the People’s Republic of China (PRC) to spotlight CAREC investment opportunities and […]

ADB and CAREC Institute strengthen partnership to promote sustainable transport

ADB and the CAREC Institute signed a memorandum of understanding on 21 May during the Asia and the Pacific Transport Forum to strengthen strategic cooperation in the transport sector. The partnership will support the implementation of recommendations from the midterm reviews of CAREC’s transport, trade, and digital strategies through joint initiatives, knowledge sharing, and capacity […]

ADB reaffirms support for Mongolia’s transport sector in meeting with ministry

On 12 May, the ADB Mongolia Resident Mission Officer-in-Charge, Chandra M. Arora met with Acting State Secretary of the Ministry of Roads and Transport Bayarmagnai Myagmarsuren. Both sides discussed the cooperation in the transport sector and priorities under the 2025–2028 Country Partnership Strategy.   Chandra M. Arora highlighted ADB’s long-standing support to Mongolia’s transport sector since 1992, spanning roads, civil aviation, railways, and logistics, and […]

ADB supports CAREC green skills planning in Turkmenistan

On 15 May 2026 in Ashgabat, the Asian Development Bank, in partnership with the Ministry of Education of Turkmenistan, organized the first Inter-Agency Working Group technical workshop. The event was initiated under the CAREC Program and aimed to support the integration of green skills and just transition principles into the country’s education and workforce development systems.   The workshop gathered representatives from the government agencies, industry, […]

CAREC Chief Negotiators Advance Preparations for CARTIF Zero-Round Negotiations

The Chief Negotiators’ Meeting for the CAREC Trade and Investment Facilitation Partnership (CARTIF) Agreement was held on 8 May 2026. The online meeting gathered chief negotiators and country delegations from CAREC member countries.  Opening the meeting, CWRC Regional Head Asad Aleem noted emphasized that the flexible and modular design of CARTIF enables broader participation and addresses the unique circumstances of each country.   Facilitated […]

CAREC Tourism Seminar at the ADB Annual Meeting Explores Opportunities to Promote the Silk Road as a Global Tourism Destination

On 5 May 2026, on the sidelines of the 59th Annual Meeting of the Asian Development Bank (ADB) in Samarkand (Uzbekistan), the government officials, development partners and international experts gathered to discuss regional cooperation, connectivity, and tourism development across the Silk Road region.  Panelists at the “CAREC and the Global Silk Road: Connecting Regions through Tourism” seminar discussed how the CAREC […]

CAREC advances digital trade with pilot initiative on electronic certificate exchange  

On 21 April 2026, ADB, together with the United Nations Economic and Social Commission for Asia and the Pacific and Korea Trade Network (KTNET), organized an introductory session for the CAREC Pilot Project on Electronic Exchange and Mutual Recognition of Conformity Certificates.  This project will develop a prototype for the electronic exchange of conformity certificates to reduce processing time in selected products traded among CAREC countries. It is also a […]

CAREC Advances Energy Cooperation

On 9–10 April 2026, ADB’s Energy Sector Office led the CAREC Energy Transmission and Interconnectivity workshop in Tashkent, Uzbekistan. The event brought together government officials, regulators, and system operators from CAREC countries.  In particular, discussions focused on advancing initiatives related to a regional electricity balancing market, regulatory cooperation, and digitalization to support regional interconnections, renewable energy integration, and system flexibility.   The workshop concluded with site visits […]
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