22nd CAREC Ministerial Conference

Reinvigorating Regional Cooperation in Times of Change  


Co-Chairs:

Mr. Levan Davitashvili
Vice Prime Minister
Minister of Economy and Sustainable
Development of Georgia

Mr. Scott Morris
Vice-President (East and Southeast Asia, and the Pacific)
Asian Development Bank

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10:00–10:05 Welcome Address
Mr. Levan Davitashvili
Vice Prime Minister
Minister of Economy and Sustainable Development of Georgia
Keynote Addresses
10:05–10:10 Mr. Irakli Garibashvili
Prime Minister of Georgia
10:10–10:15 Mr. Masatsugu Asakawa
President
Asian Development Bank (ADB)
10:15-10:30 Group Photo of Country Heads of Delegation
Moderator: Ms. M. Teresa Kho, Director General, East Asia Department, ADB
10:30–10:45
IMF will set the context by sharing views on global and regional economic developments, including climate-related issues, emerging challenges, and impacts on the CAREC countries. 

Presenter: Mr. Andrew Jewell, IMF Resident Representative in Georgia

10:45–10:55 CAREC Secretariat will present an update on CAREC 2030 implementation progress in the five operational clusters. 

Presenter: Ms. Lyaziza Sabyrova, Regional Head, Regional Cooperation and Integration (RCI), Central and West Asia Department (CWRD), ADB 

10:55–11:05 CAREC Secretariat will present the CAREC Climate Change Vision and the Concept for the CAREC Climate and Sustainability Project Preparatory Fund (CSPPF).

Presenter: Ms. Lyaziza Sabyrova, Regional Head, RCI, CWRD, ADB 

11:05–11:20 Coffee Break
11:20–13:00 Country Statements and Development Partners Interventions 

Moderator: Mr. Scott Morris, Vice-President (East and Southeast Asia, and the Pacific), ADB

CAREC Heads of Delegation will provide a brief statement [4 minutes per country] with their feedback on CAREC 2030 implementation including endorsement of the CAREC Climate Change Vision and support for the CSPPF. Development Partners may also provide their views and insights [4 minutes each].

13:00–14:30 Lunch Break
Moderator: Mr. Yevgeniy Zhukov, Director General, Central and West Asia Department (CWRD), ADB

Presenter: Mr. Roman Mogilevskii, Senior Economist, RCI, CWRD, ADB

ADB will present the study on Diversifying Trade Flows and Transport and Transit Routes in the CAREC Region, which highlights the need to improve linkages with major production and trade hubs including via the Middle Corridor and other transport and transit routes.

Open Discussion: Views and Insights from the following:
– CAREC Country Delegates 
– Development Partners  
– Trans-Caspian International Transport Route  
– Private Sector Representatives

16:00–16:15 Coffee Break
Moderator: Mr. Genadi Arveladze, Deputy Minister, Ministry of Economy and Sustainable Development of Georgia
16:15–16:30 Adoption of the Joint Ministerial Statement
16:30–16:35 Statement by the 2024 CAREC Chair Country
CAREC National Focal Point from Kazakhstan ​
16:35–16:40 Closing Remarks
Senior Official from Georgia
19:00–21:00 Dinner Reception Hosted by the Government of Georgia
Departure from the hotel at 18:00.

Joint Ministerial Statement



Country Statements


Development Partners’ Statements

22nd CAREC Ministerial Conference Message of World Trade Organization DDG Xiangchen Zhang (Nov 2023)

22nd CAREC Ministerial Conference Message of World Customs Organization


National Focal Points’ Pre-MC Statements

Background Papers for Information


Presentations


News Releases


Blogs


Other Initiatives


Tweets

Videos

Call to Action

22nd CAREC Ministerial Conference: Reinvigorating Regional Cooperation in Times of Change 

Video Reels

Visit Silk Road: CAREC Tourism Portal Video



The Central Asia Regional Economic Cooperation (CAREC) Program is a partnership of 11 countries and development partners working together to promote development through cooperation, leading to accelerated economic growth and poverty reduction. It is guided by the overarching vision of “Good Neighbors, Good Partners, and Good Prospects.

The program is a proactive facilitator of practical, results-based regional projects, and policy initiatives critical to sustainable economic growth and shared prosperity in the region. Since its inception in 2001 and as of December 2021, CAREC has mobilized $47.27 billion in investments that have helped establish multimodal transportation networks, increased energy trade and security, facilitated free movement of people and freight, and laid the groundwork for economic corridor development.

CAREC 2030 provides the new long-term strategic framework for the program leading to 2030. It is anchored on a broader mission to connect people, policies and projects for shared and sustainable development, serving as the premier economic and social cooperation platform for the region.

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The Asian Development Bank was conceived in the early 1960s as a financial institution that would be Asian in character and foster economic growth and cooperation in one of the poorest regions in the world.

ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development.

ADB is composed of 67 members, 48 of which are from the Asia and Pacific region.

ADB in Georgia

Located at the crossroads of Europe and Asia, Georgia has become an important node for regional trade flows. The Government of Georgia has taken steps to deregulate the economy, streamline bureaucracy, and combat corruption. Committed to a more inclusive growth process, the government has considerably increased social sector funding and made public expenditure transparent. Yet, despite solid economic growth, poverty and unemployment continue to impede Georgia’s development.

The key development priorities of ADB in Georgia are to foster inclusive and sustainable economic growth, accelerate poverty reduction, and enhance regional connectivity. Priority sectors include transport, water supply and sanitation, energy, public sector management, and finance.

In October 2016, Georgia became the 11th member of the Central Asia Regional Economic Cooperation (CAREC).

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Side Events
CAREC Energy Investment Forum 28-29 November 2023, Tbilisi
CAREC Gender Awards 29 November 2023, Tbilisi
CAREC Women Business Forum 29 Novemeber 2023, Tbilisi

For information on last year’s MC | 21st CAREC Ministerial Conference – 2022