CAREC Program adopts ambitious transport, trade, and energy Plans Eight countries today adopted strategy documents outlining ambitious plans to deepen regional economic cooperation in transport, trade facilitation, trade policy, and energy in Central Asia and neighboring states.
CAREC countries seek trade expansion through regional cooperation The eight countries of the Central Asian Regional Economic Cooperation (CAREC) Program agreed on a Trade Policy Strategic Action Plan (TPSAP) to expand trade through regional cooperation.
Afghanistan, Uzbekistan, and ADB sign memorandum of understanding for railway transport cooperation Uzbekistan, Afghanistan, and the Asian Development Bank (ADB) have signed a Memorandum of Understanding (MOU) to expand trade and economic opportunities through railway transport.
ADB to help improve Tajikistan’s power supply An ageing facility in Tajikistan's electricity supply network which is in danger of collapse is being rehabilitated with support from the Asian Development Bank.
ADB supports key Central Asia transport corridor The Asian Development Bank (ADB) is providing financial support for the improvement of a key Central Asian transport corridor, which will help boost trade, tourism, and economic cooperation in the region.
ADB’s railway loan to boost economic link in western PRC The Asian Development Bank (ADB) is extending a $300 million loan for a railway line that will bolster economic growth in the poor western region of the People's Republic of China (PRC).
‘New Silk Road’ to link Europe, Asia The Asian Development Bank (ADB) is extending $700 million to Kazakhstan to help improve a major road that will transform the country's economy.
ADB allocates $3 million grant to expand clean energy program The Asian Development Bank (ADB) is providing a $3 million grant to expand its clean energy program to involve more developing member countries.
ADB providing CAREC $4.5 million to improve research and training coordination The Asian Development Bank is providing $4.5 million to foster closer cooperation among participating countries of the Central Asia Regional Economic Cooperation (CAREC) by establishing a virtual institute that will coordinate research, training, and dialogue within the regional organization.
Japan and ADB upgrading access roads in remote areas of Mongolia’s western region Japan and the Asian Development Bank (ADB) are upgrading access roads in Western Mongolia, giving greater access to international markets to isolated rural communities.
