Facilitation of Regional Transit Trade in CAREC

Summary

The technical assistance will identify options for the establishment of an effective and affordable customs transit regime for the CAREC transport and trade corridors.

Expected Outcome

The project will enhance regional cooperation and improve customs transit for intraregional trade along CAREC corridors.

Expected Outputs

  • Establishment of a single regional guarantee mechanism
  • Assessment of requirements for a streamlined legal and regulatory framework for regional customs transit
  • Identification of a set of recommendations on information and communication technology system development for regional transit regime

Project Types

Technical Assistance

Funding

Funding AgencyAmount (USD millions)Notes
Japan Fund for Poverty Reduction 1.5
Central Asia Regional Economic Cooperation 0.1
Total 1.6
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