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In Uzbekistan, CAREC Tourism Working Group Advances Regional Tourism Cooperation Agenda

From 9 to 11 September, in Tashkent (Uzbekistan), CAREC member countries, development partners, tourism experts, and private sector representatives convened for the CAREC Tourism Working Group (TWG) Meeting. The gathering marked the reactivation of the TWG and gave renewed momentum to implementation of the CAREC Tourism Strategy 2030 and the 2025 Memorandum of Understanding on CAREC […]

Chief Negotiators launched the first round of CARTIF negotiations virtually

On 7 September 2026, the CAREC Trade and Investment Facilitation Partnership (CARTIF) Chief Negotiators and focal points met virtually to launch the first round of negotiations on CARTIF Agreement. The meeting aims to reaffirm participating countries’ strong commitment to advancing regional economic integration through a structured and results-oriented negotiation process.   This online event was focused […]

CAREC Members, ADB Advance Preparations for the 25th Ministerial Conference

On 27 August, during online CAREC National Focal Points’ Meeting, co-chaired by Central and West Asia Regional Department Director General Leah Gutierrez, East Asia Regional Department Director General Ehsan Khan, and Director General Dugersuren Davaadash of Mongolia’s Ministry of Economy and Development, CAREC National Focal Points came together to discuss preparations for the 25th CAREC […]

ADB Approves $400 Million Financing Facility to Modernize Borders, Facilitate Trade in CAREC Region

The Asian Development Bank (ADB) has approved a $400 million regional financing facility to modernize border crossing points, reduce transport and logistics costs, and make the movement of people and goods across the CAREC region faster and more efficient.  The Border Upgrades for Integration, Logistics, and Development (BUILD) Facility will support priority investments in road […]

ADB, Georgia sign $250 million loan for CAREC Corridor 2 Tbilisi Bypass Road Project

On 4 August 2026, the Georgia’s Minister of Finance and Asian Development Bank Governor Lasha Khutsishvili and Georgia Resident Mission Country Director Lesley Bearman Lahm signed a loan agreement for the Tbilisi Bypass Road Project.   The $250 million loan will extend Georgia’s East–West Highway, enhancing regional connectivity and strengthening climate-resilient infrastructure. The upgraded road will improve the […]

3rd CAREC Water Pillar Working Group meeting highlights transboundary water investments, cooperation

CAREC member countries identified potential regional and subregional water investments and agreed next steps to strengthen transboundary water cooperation at the 3rd CAREC Water Pillar Working Group Meeting held in Almaty, Kazakhstan on 15-16 July. The meeting convened 66 representatives from Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, Uzbekistan, regional organizations, and development partners. […]

ADB convenes CAREC CSPPF Korea Outreach and Business Engagement Event in Seoul

On 9 July 2026, in Seoul, Republic of Korea (ROK), the Asian Development Bank convened the CAREC Climate and Sustainability Project Preparatory Fund (CSPPF) Korea Outreach and Business Engagement Event, with support from the Korea Development Institute’s Global Knowledge Exchange and Development Center. This event brought together over 80 participants from over 40 Korean companies, […]

ADB advances regional tourism cooperation under the Almaty–Bishkek Economic Corridor

On 26 June, in Bishkek, Kyrgyz Republic, the Asian Development Bank facilitated the Joint Kazakh–Kyrgyz Tourism Working Group Meeting under the Almaty–Bishkek Economic Corridor (ABEC). The meeting was aimed to review the updated ABEC Tourism Master Plan and to agree on priority actions for implementation. Kazakhstan and Kyrgyz Republic are rolling out a harmonized Accommodation Classification System, overseen by an Advisory Council that convened for the first time during the meeting. Also, they are […]
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