CAREC Institute Participates in Mekong Forum 2025 in Cambodia

The CAREC Institute participated in the Mekong Forum 2025, an important gathering that brought together over 280 policymakers, business leaders, and development partners. Organized by the Mekong Institute in Phnom Penh, Cambodia, the event focused on the theme “Harnessing Inclusive and Resilient GMS Through New Economies.” Participants from across the Greater Mekong Subregion and beyond shared ideas and strategies for advancing sustainable and inclusive development in the region.

H.E. Dr. Sok Siphana, Senior Minister and Chairman of Cambodia’s Trade Policy Advisory Board, opened the event. He stressed that economic strategies should support long-term resilience and sustainability. Over 40 organizations presented projects in circular, care, and creative economies, showing the region’s focus on working together and finding new solutions.

Mr. Charymuhammet Shallyyev, Director of the CAREC Institute, contributed to the breakout session on Bio-Circular Economy for Sustainable Growth with a presentation titled “From Trade Corridors to Green Corridors: Opportunities for Circular Economy Integration in CAREC and GMS Regions.” He outlined key regional challenges, including fragile ecosystems, heavy dependence on raw materials, and the impacts of climate change, and noted that circular economy approaches can boost resource efficiency, lower emissions, and create green jobs. He shared examples of regional innovation, including apparel made from recycled plastics and the new global framework program for the transition to a circular economy in Turkmenistan. However, he also pointed out ongoing challenges, such as limited access to green finance, regulatory gaps, and fragmented markets. Director Shallyyev encouraged stronger cooperation between CAREC and GMS countries through pilot projects, knowledge sharing, regulatory alignment, and diversified funding.

The CAREC Institute and the Mekong Institute will continue working together through their strategic partnership to promote sustainable and inclusive economic development, with the goal of creating new opportunities for growth and shared prosperity in both regions.