News

ADB to upgrade two new border crossing points in Mongolia to ease Trade

The Asian Development Bank (ADB) has approved a $27 million loan as additional financing to expand the scope of an ongoing cross-border trade facilitation project in Mongolia, which will now include two new border crossing points.

New ADB country strategy to expand trade, drive economic growth in Georgia

The 5-year partnership strategy, from 2019–2023, supports the Government of Georgia’s overall development strategy to increase productivity and reduce poverty through closer economic integration with its neighbors and the rest of the world.

Kazakhstan adopts roadmap on dairy industry standards

Kazakhstan is strengthening its commitment to improving the safety of raw milk and dairy products with the signing of a roadmap in the country’s capital Nur-Sultan that will bring the national dairy industry to the level of the Eurasian Economic Union standards.

EBRD promotes flight safety in Tajikistan

Almost 1.5 million passengers using key airports in Tajikistan annually will enjoy safer flights following air navigation systems upgrades financed by the EBRD.

$500 million loan to Pakistan to boost trade, address deficit, and support economic reforms

The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support the Government of Pakistan’s reforms to improve trade competitiveness and exports as a defense against external shocks and to help finance the country’s trade deficit.

ADB approves $415 million loan to improve Georgia’s North–South road corridor

The Asian Development Bank (ADB) has approved a $415 million loan to Georgia to build a new highway as part of a wider government program to improve the country’s transport network and enhance Georgia as a regional trade and tourism hub.

World Bank welcomes Uzbekistan’s continued reform commitment, increases support

World Bank Vice President for Europe and Central Asia, Cyril Muller, commended the Government of Uzbekistan for accelerating social and economic reforms to improve people’s living standards.

World Bank appoints new country manager for Kazakhstan

Jean-Francois Marteau, a French national, with over 20 years of experience in economic policy implementation and project management, has been appointed the World Bank's new Country Manager in Kazakhstan.

World Bank appoints new country manager for Kazakhstan

Jean-Francois Marteau, a French national, with over 20 years of experience in economic policy implementation and project management, has been appointed the World Bank's new country manager in Kazakhstan.

‘Regional cooperation to be a key theme in ADB’s new country partnership strategy for Pakistan’

A conversation with Safdar Parvez, director, Regional Cooperation and Operations Coordination Division, Central and West Asia Department, Asian Development Bank revolved around the CAREC Program and other regional trade, infrastructure and transport related issues.