Typical Short Sea Container Ship in the Black Sea Trading Typical short sea container ship in the Black Sea trading at Poti Port of Georgia (photo by Ragas, Sammons, and Khodjaev). Source: Ports and Logistics Scoping Study in CAREC Countries, April 2021.
The Baku International Sea Trade Port of Azerbaijan The Baku International Sea Trade Port of Azerbaijan is designed as a full-fledged intermodal transport hub with a free trade zone (photo by Ragas, Sammons, and Khodjaev). Source: Ports and Logistics Scoping Study in CAREC Countries, April 2021.
Five keys to expanding Central Asia’s global value chains Central Asia’s long-term economic prosperity depends upon participation in global value chains and upgrading to higher value-added activities.
In Central Asia, COVID-19 response demands improved regional cooperation By working together with countries to make sound socioeconomic development strategies, multilateral financial institutions can contribute substantially to the fight against the pandemic.
Central Asia: The first economic contraction in a quarter century For the Central Asia region, which is so commodity and remittance dependent, economic output will likely contract by 1.7% in 2020 , according to the latest Economic Update for Europe and Central Asia.
World Bank supports Tajikistan’s transport connectivity and regional trade The World Bank’s Board of Executive Directors approved the grant-financed Fourth Phase of the Central Asia Regional Links Program (CARs-4), which aims to enhance Tajikistan’s regional transport connectivity and facilitate cross-border trade
Even with borders closing, we need to keep trade flowing The COVID-19 pandemic underscores the need to support trade to not only move medical supplies but also to bolster economies.
Improving Food Safety to Enhance a Country’s Social and Economic Well-Being Turkmenistan is adopting international food safety standards to safeguard public health and to boost the trade of agro-food products.
[IMF Blog] COVID-19 Pandemic and the Middle East and Central Asia: Region Facing Dual Shock The impact of COVID-19 and the oil price plunge in the Middle East and the Caucasus and Central Asia has been substantial and could intensify.
Making the Most of Capital Flows in the Middle East and Central Asia As economies in the Middle East and Central Asia become increasingly integrated into global capital markets, a central question has emerged: How can countries reap the benefits of capital inflows while guarding against the risks posed by sudden market shifts?
