News

CAREC aviation officials discuss regional air cooperation

Aviation officials and airline representatives from 11 member countries of the CAREC Program met in Singapore to discuss potential for enhanced regional air transport connectivity and cooperation.

EBRD donors support infrastructure improvements and economic integration

The European Bank for Reconstruction and Development (EBRD) supports investments into modern energy connections and transport infrastructure from the Western Balkans to Central Asia and the southern and eastern Mediterranean. Furthermore, EBRD has designed several financial instruments to support cross-border trade.

ADB investment in Batumi bypass to improve logistics, transport in Georgia

The Asian Development Bank (ADB) has approved a $114 million loan to help improve regional connectivity and road transport efficiency in Georgia, while strengthening the country’s bid to become a regional transport and logistics hub.

World Bank project aims to help Mongolia diversify exports

The Mongolia Ministry of Finance and the World Bank launched the Export Development Project aimed to help small- and medium-sized enterprises in non-minerals sectors strengthen their export capabilities and boost their access to export markets.

EBRD president concludes visit to Uzbekistan

The European Bank for Reconstruction and Development (EBRD) has signed an agreement with the government of Uzbekistan to explore ways of increasing its investment activity in the country

Supporting free trade with the EU in Georgia

The European Union is the world’s largest trading block. Georgia signed a trade agreement with the EU offering access to the single market, which provides businesses in the country exactly such trading opportunities.

Developing Aktobe Region – Investing in Kazakhstan’s Future Economic Growth

The World Bank is also providing support to the local administration in developing a “Strategy and Action Plan” for Aktobe that focuses on enhancing public services and economic diversification.

EBRD adopts new country strategy for Georgia

The Board of Directors of the European Bank for Reconstruction and Development (EBRD) has adopted a new country strategy for Georgia, which reinforces the bank’s commitment to support the country’s economy and sets out the priorities for its activities over the next four years. (Photo credit: EBRD)

ADB holds regional trade finance workshop in Tashkent

The Asian Development Bank’s Trade Finance Program launched a two-day workshop for trade finance professionals in Tashkent. A total of 48 participants representing 36 banks from seven Central Asia and Caucasus countries are attending.

ADB $150 million loan to overhaul transport and logistics in Chongqing

The Asian Development Bank (ADB) has approved a $150 million loan to develop an efficient goods handling system for Chongqing that integrates logistics for road, water, and rail transport.