The CAREC Institute will host a webinar titled “Digital CAREC Virtual Policy Dialogue: Digital FDI Ecosystem” on March 15,2023, in collaboration with the Islamic Development Bank (IsDB) and Asian Development Bank Institute (ADBI).
With the noteworthy exception of the People’s Republic of China (PRC), the CAREC region has not yet completely benefited from the changes of the digital economy. The primary areas for improvement are those which deal with digital security and privacy, data regulations, intellectual property rights, and the legality of electronic agreements. Other areas include higher tariffs and taxes, restrictions on the acquisition of land for commercial use, a lack of regional integration and agreements on mutual investment and technology, ineffective consumer laws, poor governance, a lack of digital skills, and lower connectivity of national and international infrastructure. The CAREC region could draw more foreign direct investment if these issues are addressed.
Since 2019, the CAREC Institute has been working with development partners to launch a number of research projects on digitalization in the CAREC region. Based on the research findings, a series of webinars is held to engage CAREC policymakers and interested stakeholders in policy dialogues. The E-learning Platform of the CAREC institute contains all materials and recordings of previous policy dialogues and webinars (please visit elearning.carecinstitute.org).
In 2023, the CAREC Institute will continue a series of webinars in collaboration with reputable development partners and host a subsequent virtual policy dialogue for interested audiences and policymakers from CAREC member countries to share viewpoints with top authorities on digital FDI and discuss how to put into practice the most crucial policies, measures, and regulations that governments of CAREC countries can adopt to attract investment in the digital economy.
This webinar’s main objectives are to:1）present and discuss policy alternatives resulting from CAREC Institute-IsDB research projects; and 2） assess lessons learned and pinpoint potential research areas to further advance capacity building initiatives and governance related to digital FDI in the CAREC region.
The sessions and materials will be recorded and uploaded to the CAREC Institute E-learning Platform, which is accessible to all users across the CAREC region and beyond through <elearning.carecinstitute.org>.