A high-level virtual panel discussing Social Spending to Tackle Rising post-COVID-19 Inequality was held on 22 November, attended by ministers, deputy ministers, central bank governors and senior officials from CAREC member countries. CWRD DG Yevgeniy Zhukov, WB Regional Director in the Central Asia region Tatiana Proskuryakova and IMF Director in the Middle East and Central Asia department Jihad Azour gave keynote statements.
The 20th CAREC Ministerial Conference was held virtually on 17th November 2021. It was hosted by the government of Azerbaijan and co-chaired by Minister of Economy, Azerbaijan Mikayil Jabbarov, and ADB Vice-President Shixin Chen. Speaking on the occasion, Mr. Jabbarov highlighted the potential of digitization and its resulting economic dividends to enhance regional cooperation. He […]
The CAREC Digital Strategy-2030 aims to create a common digital space for the CAREC region to accelerate economic growth and digital transformation.
The CAREC Health Strategy-2030 provides a regional approach for tackling health risks in the CAREC region. It aims at enhancing regional health security by strengthening the health workforce development and coordination, surveillance and laboratory infrastructure, access to medical supplies and border health and access to health care for vulnerable groups.
To support CAREC members in achieving their shared vision of a reliable, sustainable, resilient, and reformed energy market by 2030, a new web portal was launched to publish major achievements, track progress to 2030 and encourage common solutions. Stay informed on the latest CAREC energy developments by visiting the CAREC Energy website here.
The Central Asia Regional Economic Cooperation (CAREC) Program is organizing the knowledge-sharing event as part of the sanitary and phytosanitary measures (SPS) Work Plan 2021- 2023 endorsed at the second meeting of the CAREC SPS Regional Working Group in April 2021. The event will be co-organized by the Asian Development Bank, the World Organization for Animal Health (OIE), and the […]
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.