At a landmark event, the first prize of the Central Asia Regional Economic Cooperation (CAREC) program for promoting gender equality was awarded. Eleven organizations and individuals from ten CAREC member countries were recognized at an awards ceremony in Tbilisi, Georgia, on 29 November 2023, on the sidelines of the 22nd CAREC Ministerial Conference. The CAREC […]
CAREC Countries Endorse New Vision to Fight Climate Change Together
Member countries of the Central Asia Regional Economic Cooperation (CAREC) Program today committed to work together to cut greenhouse gas emissions and build resilience to climate change. “We endorse the Regional Action on Climate Change: A Vision for CAREC to help countries implement their commitments under the Paris Agreement,” said the joint ministerial statement issued […]
Regional Forum in Astana Focuses on Joint Central Asian Strategy in Run-Up to COP28 in Dubai
Assel Satubaldina Representatives of Central Asian countries and international organizations convened in the Kazakh capital on Nov. 7 to explore where the countries stand in their efforts to address climate change and come up with a joint regional strategy in the run-up to the 2023 United Nations Climate Change Conference, more commonly referred to as […]
Central Asia to consolidate efforts in solving problems of the environment and sustainable development
Astana – Kazakhstan – On September 4-5, 2023, the third meeting of the Advisory Council of the Interstate Commission on Sustainable Development of Central Asian Countries (ICSD) was held. In his welcoming speech, the Minister of Ecology and Natural Resources of the Republic of Kazakhstan, Yerlan Nysanbayev, stressed the importance of this meeting. “Since its […]
CAREC Think Tanks Explore Role of Digital Adoption in Driving Sustainable Economic Development in Central Asia
The Seventh CAREC Think Tank Development Forum was held in Urumqi, China on 16-17 August 2023. The two-day forum under the theme of “Embracing Digital Technology for Sustainable Economic Development” was organized by the CAREC Institute in partnership with China-Eurasia Expo Secretariat and Xinjiang Uygur Autonomous Region Finance Department, and with financial support from the […]
Climate change – Central Asia is united at various platforms including CAREC
Central Asia is fully conscious of the challenges posed by the climate change, global warming and related complications. The region is united for the sake of the shared future. Regional Environmental Center for Central Asia (CAREC) is among the various platforms that bring the countries of Central Asia together for dealing with issues related to […]
ADB: Unlocking Central Asia’s Economic Potential by Integrating into Global Value Chains
Zulfia Karimova, ADB Principal Regional Cooperation Specialist A free trade agreement could bring the economic and social development benefits of global value chains to Central Asia. Central Asia, despite its diverse economic composition and wealth, is poorly integrated into global value chains. This limits the region’s economic growth, competitiveness, and development opportunities. It is crucial […]
ADB Helps Connect Central Asian Countries — Independent Evaluation Report
The Asian Development Bank (ADB) has helped advance transport and energy connectivity among member countries of the Central Asia Regional Economic Cooperation (CAREC) Program, but progress on improving regional economic competitiveness, trade, and the supply of regional public goods in the subregion has been more limited, according to an independent evaluation report released today. Evaluation […]
Turkmenistan joins CAREC Advanced Transit System
Turkmenistan will join the pilot project of CAREC Advanced Transit system and Information Common Exchange (CATS/ICE), implemented by the Central Asian Regional Economic Cooperation (CAREC) program. This was announced by the State Customs Service of Turkmenistan, which is the coordinating body for the project, during an online meeting with authorized representatives of the Asian Development […]
ADB presented CAREC Advanced Transit System for the State Customs Service of Turkmenistan
Representatives of the Asian Development Bank in Ashgabat held a presentation for specialists of the State Customs Service of Turkmenistan on the CAREC Advanced Transit System (CATS) and Information Common Exchange (ICE). The meeting was organized within the framework of the Central Asian Regional Economic Cooperation (CAREC) program. CATS s is a regional transit system […]
Green Recovery, Food Security, and Clean Energy Cooperation Initiatives adopted by CAREC Ministers
The ministers from Azerbaijan, the People’s Republic of China (PRC), Georgia, Kazakhstan, the Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, Turkmenistan, and Uzbekistan met at the 21st CAREC Ministerial Conference on 24 November. This year’s Ministerial Conference was chaired and hosted virtually by China under the theme Revitalizing Regional Cooperation for a Green, Sustainable, and Inclusive Recovery. Countries in […]
Six Policy Reforms that can Strengthen Railways in Central Asia
Railways across the Central Asia Regional Economic Cooperation Program (CAREC) region must consider implementing key reforms that will make them more efficient and financially sustainable. A new study by the Asian Development Bank (ADB) assesses the state of CAREC railways and identifies opportunities for investment, commercialization, and reform. By implementing key reforms, railways across the […]
ADB President called CAREC countries for enhancing private sector and embracing digitalization to strengthen post-pandemic recovery
Elvira Kadyrova The CAREC region must strengthen digital connectivity and the use of digital technologies, so that regional and global initiatives can expand their reach, said ADB President Masatsugu Asakawa in his keynote address, welcoming the 19th Central Asia Regional Economic Cooperation (CAREC) Ministerial Conference on 7 December 2020. “There is also huge potential for […]
How does the COVID-19 shape CAREC’s future?
Elvira Kadyrova Virtual high-level session of CAREC Program at the 53rd Asian Development Bank (ADB) Annual General Meeting, which took place on 17 Sep, highlighted the benefits of better integration and policy harmonization for proceeding in post-Covid world. Heads and deputies of economy and finance ministries and departments of Afghanistan, Azerbaijan, Uzbekistan, Tajikistan, Turkmenistan, Kazakhstan, […]
ADB: Five Things to Know – Trends in Road and Railway Trade Efficiency in Central Asia
Samarkand city railway station. Photo: Relisa Granovskaya/ADB The efficient trade of goods across international borders is key to economic growth and poverty alleviation. This is particularly important in largely landlocked Central Asia where road and rail represent the two dominant modes of transporting goods across the region. Using data from shipments collected over the past […]
From macroeconomic policy dialogue to education: ADB President Nakao highlighted regional priorities under CAREC
Elvira Kadyrova “Under Strategy 2030, ADB will enhance connectivity and competitiveness, promote regional public goods, strengthen cooperation in the financial sector, and support subregional initiatives such as CAREC”, stated President of Asian Development Bank Takehiko Nakao during his opening address Thursday (14 Nov) at the 18th CAREC Ministerial Conference Cooperation in Tashkent. He emphasized that […]
Climate Change and Water Cooperation in Central Asia – Shared challenges, joint strategy
nCa Report Ashgabat, 6 June 2017 (nCa) — It is ruthlessly impartial. When treated with respect and responsibility, it rewards you handsomely. Neglected and abused, it punishes you vehemently. It doesn’t recognize political boundaries. It has the power to decide whether this planet will remain able to sustain human life. —– It is ENVIRONMENT. * […]
CAREC 2020: Boosting Trade, Transport and Energy in Central Asia
BAKU, AZERBAIJAN, 8 June 2011 — Senior officials from the 10 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program, met today in Baku, Azerbaijan, and moved towards completing a strategic framework that over the next decade will help further develop regional transport networks, boost regional trade, and help secure reliable, efficient energy. […]