On 16 January 2019, CAREC Institute Director Ambassador Sanjaasuren Bayaraa met the Mongolian Government delegation led by Deputy Minister for Foreign Affairs of Mongolia Ms.Battsetseg Batmunkh at CI Headquarters in Urumqi, PRC.
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Delegation of CAREC Institute led by director Mr. Bayaraa Sanjaasuren traveled to Baku, Azerbaijan for signing ceremony of the Memorandum of Understanding (MoU) between the CAREC Institute and the Permanent Secretariat of the Intergovernmental Commission TRACECA (TRACECA).
Sanjaasuren Bayaraa, director of the CAREC Institute in Urumqi, PRC, to enhance CAREC programs through knowledge generation and capacity building, said that CAREC should coordinate and collaborate with the Belt and Road Initiative for win-win results for all sides involved.
A Regional Economic Cooperation Institute was offered to be established in Central Asia to strengthen activities of the CAREC program and conduct necessary research.