| Feature |
| Implementation of the Transport and Trade Facilitation Strategy and Action Plan is on track. An assessment shows about 1,100 km of roads and 1,800 km of railways improved. more... |
Creating Connectivity
The CAREC region sits at the heart of the rapidly integrating Eurasian continent. CAREC countries are working together to improve the region's transport infrastructure and reduce the cost of trade across regions. The CAREC Transport and Trade Facilitation Strategy presents a shared vision of transport and trade facilitation development in the region to 2017.
The Strategy identifies three transport goals:
- establish competitive transport corridors across the CAREC region
- facilitate efficient movement of people and goods across borders
- develop safe, people-friendly transport systems
The Implementation Action Plan for the Strategy outlines a coordinated program of 62 projects and 65 technical assistance activities to improve the region's competitiveness, and to expand trade among CAREC economies and with the rest of the world. Investments will focus on development of six CAREC transport corridors:
Key results of the Action Plan:
- 100% of corridors improved by 2017; compared with 64% in 2007
- Increased transit trade volume via the CAREC corridors to 5% of trade between Europe and East Asia by 2017; from less than 1% (about 34 million tons) in 2005
- Increased intraregional trade volume by 50% by 2017; from the 2005 level (about 32 million tons)
- Reduced time for border crossing along the CAREC corridors by 50% by 2012, and a further 30% by 2017, as compared with 2007.
