Regional cooperation and integration holds great potential for Pakistan’s economic growth and development prospects

Asian Development Bank (ADB) Regional Cooperation and Operations Coordination Division (CWRC) Director Safdar Parvez presented on the prospects of Pakistan’s economic cooperation and integration at the Applied Economic Research Center of the University of Karachi International Conference on the “Economy of Naya (New) Pakistan: Emerging Challenges, Prospects for Change and Road to Prosperity.”

Mr. Parvez highlighted the opportunities Pakistan can capitalize on from CAREC, including reforms and opening up of Central Asia; improvements in connectivity and trade facilitation; large potential for transit trade and revenue generation; and prospects for peace and stability in Afghanistan.