On 30th June 2021, Central Asia Regional Economic Cooperation (CAREC) senior officials discussed the progress of the program and new initiatives, including the 2030 Development Effectiveness Report, Health Cooperation Strategy 2030, Digital Strategy 2030, Regional Infrastructure Projects Enabling Facility, and Development of CAREC Water Pillar. Azerbaijan Deputy Minister for Economy and CAREC National Focal Point Rovshan […]
Representatives from Ministries of Transport and Communications, Economy and Finance attended the 3-hour technical training on road asset management system (RAMS). Mr. Nurlanbek Kayinbaev, Deputy Minister MOTC opened the workshop on behalf of Government of the Kyrgyz Republic, and Mr. Steven Lewis-Workman, Unit Head, PAU, KYRM on behalf of ADB. The training was designed specifically […]
Kun.uz has conducted a written interview with Safdar Parvez, the Director of Regional Cooperation and Operations Coordination Division of the Central and West Asia Department at ADB, on Central Asia Regional Economic Cooperation Program (CAREC).
CAREC Ministers and development partners discuss regional cooperation through digital transformation
On 7 September 2021 Government officials from 10 CAREC countries joined the Virtual Country Consultation Meeting on CAREC Free Trade Agreements (FTAs) to discuss key stakeholders’ feedback to confirm if the identified FTA priorities are aligned with the national priorities of each CAREC country and to identify challenges and opportunities for CAREC in moving towards […]
On 7 September, a regional workshop on Internationaux Routiers Carnet (TIR) Digitalization for Improved Trade in Shymkent-Tashkent-Khujand Economic Corridor (STKEC) region was co-organized virtually by ADB and International Road Transport Union. Kyrgyz Republic participated as an observer. More than 60 participants including senior officials from government agencies, private sector, TIR associations and digital TIR users […]
Sustainable recovery requires facilitating trade while ensuring effective control of transboundary diseases at the borders. ADB through the CAREC Program supported the virtual training for Georgia to strengthen the capacities of border officials and relevant agencies on risk assessment legislation and risk-based border control measures for animal by-products. ADB’s Emma Fan underscored the need to […]
On 6 September, CAREC Working Group on Health (WGH) convened and discussed the draft CAREC Health Strategy 2030. More than 50 participants including senior officials from health authorities of CAREC member countries and representatives from development partners such as World Health Organization and World Bank attended the event, and deliberated the vision, framework, and priorities […]
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.