News

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 CWRC Regional Head Asad Aleem, emphasized the importance of regional cooperation to facilitate trade while promoting […]

CAREC Countries Review Progress on Caspian Green Energy Corridor Project

On 12 May 2026 on the sidelines of Energy Week in Tashkent (Uzbekistan), the Asian Development Bank (ADB) organized a Working Group meeting for the Caspian Green Energy Corridor Project. This event was aimed to review the progress on the project’s ongoing feasibility study and brought together senior energy officials from Azerbaijan, Kazakhstan, and Uzbekistan.  The Country Director of ADB’s […]

CAREC organizes a regional workshop on Scaling Carbon Markets

On 8-9 October 2025, a regional workshop on  Scaling Carbon Markets: Lessons, Opportunities, and Regional Cooperation was held in partnership with the Climate Change, Resilience, and Environment Cluster of the Climate Change and Sustainable Development Department (CCSD). The event brought together government representatives and leading experts to discuss opportunities and challenges in developing carbon markets across the region. Participants underscored the importance […]

CAREC Workshop on Promoting Foreign Investment for Unlocking Critical Minerals Potential and Building Value-Added Supply Chains

On 17 June 2025, CAREC Secretariat organized a workshop in Issyk Kul, Kyrgyz Republic, as part of the CAREC Senior Officials’ Meeting (SOM), focused on Promoting Foreign Investment for Unlocking Critical Minerals Potential and Building Value-Added Supply Chains in the CAREC Region. The event helped senior officials enhance their understanding of key investment determinants, including macroeconomic stability, predictable taxation policies, sound […]

ADB, UNESCAP, KTNET kicks-off CAREC pilot on e-conformity certificates

On 1–2 June 2026, the representatives of ADB, UNESCAP, and the Korea Trade Network met in Incheon, Republic of Korea to hold a kick-off meeting for the CAREC pilot on the electronic exchange of conformity certificates. This initiative seeks to promote electronic exchange of conformity certificates and test results to facilitate trade among participating CAREC countries.  Participants from Azerbaijan, the Kyrgyz Republic, Pakistan, Tajikistan, and Uzbekistan discussed a global best practices, reviewed countries’ readiness, and […]

National Stakeholders Discuss Advancing the Transition to a Green Economy in Uzbekistan

On 25 May 2026, in Tashkent, national stakeholders discussed the advancing of transition to a green economy in Uzbekistan through skills development, and exchanged views on aligning education, labor, and climate policies.  Moreover, they identified priority actions to integrate green skills into technical and vocational education and training (TVET) and higher education. Also, participants are committed to moving from dialogue to implementation, including curriculum reform, institutional capacity building, and strengthened […]

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, […]