Strengthening Knowledge and Capacities for the Design and Implementation of Free Trade Agreements Involving CAREC Countries

Summary

The technical assistance (TA) will expand global and regional trade and investment opportunities expanded (Pillar 2 of ADB Strategy 2030 Operational Priority 7: Fostering Regional Cooperation and Integration) and enhance the integration of CAREC countries in the global economy (CAREC Integrated Trade Agenda 2030 and Rolling Strategic Action Plan 2018 2020).

Expected Outcome

CAREC countries' capacities for designing, negotiating, implementing, and monitoring of free trade agreements (FTAs) improved

Expected Outputs

  • Evidence-based policy recommendations generated and action plans developed
  • Technical capacity of CAREC member countries to design, negotiate, implement, and monitor FTAs improved
  • Roadmap for a CAREC FTA developed

Project Types

Technical Assistance

Funding

Funding AgencyAmount (USD millions)Notes
People’s Republic of China (PRC) Poverty Reduction and Regional Cooperation Fund 0.5
United Kingdom Fund for Asia Regional Trade and Connectivity 0.7 Under the Regional Cooperation and Integration Financing Partnership Facility
Total 1.2
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