Promoting Economic Diversification in the CAREC Region

16 May - 17 May 2019; Ulaanbaatar, Mongolia

The CAREC Institute has partnered with UNIDO to deliver the workshop on economic diversification in the CAREC region aimed at deepening the understanding of characteristics of resource dependent economies, importance of industrial development strategies, particularly export oriented industries, to achieve economic diversification, and enhance capacity of CAREC countries to improve their competitiveness.

The 17th Ministerial Conference of CAREC, on 15 November 2018 Ashgabat, Turkmenistan issued a policy advice to member countries to increase export diversification through promoting conducive environment for the private sector, identifying measures to advance industrial and investment policy for specific sectors based on best practices in other Asian countries.

The CAREC Institute workshop responded to the policy advice by the Ministerial Conference to enable delivery in member countries.

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