CAREC 2030 provides the new long-term strategic framework for the Central Asia Regional Economic Cooperation (CAREC) Program leading to 2030.
We, the Ministers representing the Governments of Afghanistan, Azerbaijan, People’s Republic of China, Georgia, Kazakhstan, Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, Turkmenistan and Uzbekistan, adopt the following declaration after the 16th Ministerial Conference on Central Asia Regional Economic Cooperation (CAREC) program in Dushanbe, Tajikistan on 27 October 2017.
A Background Note for the Panel Discussion at the Ministerial Conference
Finance Minister Ishaq Dar called upon the member countries of Central Asia Regional Economic Cooperation (CAREC) to expedite works on the Pakistan’s proposals to accelerate cooperation in aviation, capital markets and capacity development.
The top Chinese legislature ratified an agreement on the establishment of the Central Asia Regional Economic Cooperation (CAREC) Institute.
We develop an index to measure the degree of regional integration in Asia and the Pacific (48 economies in six subregions). The index comprises 26 indicators in six dimensions of regional
integration, i.e., trade and investment, money and finance, regional value chains, infrastructure and connectivity, free movement of people, and institutional and social integration.
The purpose of the Midterm Review is to review the relevance and responsiveness of CAREC 2020, including implementation performance, results achieved and the effectiveness of the CAREC institutions; to draw lessons from the experience gained in the first five years of the strategy; and to propose refinements and strategies moving forward.
This CAREC Program Development Effectiveness Review is the sixth annual consolidated picture of progress made by country and multilateral institution partners of CAREC toward economic development through regional cooperation