With a strategy anchored on regional cooperation, CAREC countries and development partners remain committed to working together to find shared solutions and enable the region to overcome challenges brought about by the coronavirus (COVID-19) pandemic.
Ministers and senior government officials of CAREC countries joined a high-level session at the 53rd Asian Development Bank (ADB) Annual General Meeting to discuss the potential role of regional cooperation platforms such as CAREC in building countries resilience to future crisis after COVID-19.
The efficient trade of goods across international borders is key to economic growth and poverty alleviation. This is particularly important in largely landlocked Central Asia where road and rail represent the two dominant modes of transporting goods across the region.
Source: Asian Development Bank
CAREC national focal points (NFPs) held a virtual meeting to discuss the economic impact of and response to the COVID-19 pandemic in the region.
Senior officials from 11 CAREC countries discussed overall implementation progress of the CAREC 2030 Strategy, as well as the draft CAREC Program Results Framework, Tourism Strategy 2030, and Gender Strategy 2030.
Around 100 participants from CAREC countries’ health authorities, along with representatives from development partners joined the first virtual regional workshop on “Promoting Regional Health Cooperation under CAREC 2030.”
Participants from the Kyrgyz Republic, Tajikistan, and Turkmenistan provided their views and inputs on the draft Gender Strategy 2030.
Participants from Afghanistan, the People's Republic of China, Mongolia, and Pakistan provided their views and inputs on the draft Gender Strategy 2030.
Gender specialists from Azerbaijan, Georgia, Kazakhstan, and Uzbekistan, along with representatives from key government agencies, joined the first virtual consultation meeting on the CAREC Gender Strategy 2030.
The Central Asia Regional Economic Cooperation (CAREC) Program focuses investment and other activities on developing the six competitive transport corridors that link north, south, east, and west throughout Central Asia. Since 2001, CAREC has invested at more than $19 billion in transport projects along 6 corridor routes.
The six member countries of the Central Asia Regional Economic Cooperation (CAREC) Program are working together to move people, goods, and vehicles across borders faster, more efficiently, and at least cost. Since 2002, CAREC has mobilized around $268 million for projects that support growth in trade.
The Central Asia Regional Economic Cooperation (CAREC) Program aims to secure energy through the balanced development of the region's energy infrastructure, stronger integration of energy markets, and economic growth through energy trade. Since 2001, CAREC has invested more than $5.2 billion in 37 projects, mostly aimed at expanding bilateral electricity trade and improving the regional power network.