A new era of clean energy cooperation along the old Silk Road

A new era of clean energy cooperation along the old Silk Road

The ancient web of connections that once made the Silk Road indispensable to world trade are making a comeback. Largely unnoticed, countries in Central Asia and South Asia are starting to implement a vision of working together on something just as vital to their economies – energy sharing.

It’s time for Central Asia to do whatever it takes to minimize the pandemic’s economic impact

It’s time for Central Asia to do whatever it takes to minimize the pandemic’s economic impact

Bold action is required by policy makers and central bankers to keep the region’s economies afloat and contain the pandemic.
The Covid-19: Economic Implications for the CAREC Region

The Covid-19: Economic Implications for the CAREC Region

The outbreak of the coronavirus (Covid-19) epidemic has substantial economic consequences for the People’s Republic of China, the world, and the CAREC countries.
New regional transport strategy to drive sustainable development for CAREC region

New regional transport strategy to drive sustainable development for CAREC region

Ministers from the 11 members of the CAREC Program have endorsed a new strategy designed to improve multimodal transport infrastructure and operations in the region, resulting in greater social and economic development in the next decade.

Source: Asian Development Bank 

CAREC Transport Strategy 2030

CAREC Transport Strategy 2030

The CAREC Transport Strategy 2030 builds on progress made and lessons learned from the CAREC Transport and Trade Facilitation Strategy 2020. It separates trade facilitation from transport and links to the overall CAREC 2030 program in the areas of enhanced connectivity and sustainability.

Agriculture Development in the CAREC Program Member Countries: Review of Trends, Challenges, and Opportunities

Agriculture Development in the CAREC Program Member Countries: Review of Trends, Challenges, and Opportunities

The report recommends strategies to promote diversification and harmonization of cross-border customs and logistics procedures to revitalize agriculture in the CAREC region.
New regional energy strategy maps path to secure energy future for CAREC region

New regional energy strategy maps path to secure energy future for CAREC region

Ministers from the 11 members of the CAREC Program have endorsed a new long-term strategy to improve energy security, increase investment, and improve the sustainability of energy systems in the region, setting it on a path toward achieving a secure energy future.

Source: Asian Development Bank 

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CAREC At a Glance

  • $37.0 billion invested in transport, trade, and energy projects
  • From 6 projects worth $247 million in 2001 to 200 projects, as of September 2019

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