The Central Asia Regional Economic Cooperation (CAREC) Program is a program established in 1997 by the
Asian Development Bank
The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. The bank also maintains 31 field offic ...
(ADB) to encourage economic cooperation among countries in
Central Asia
Central Asia, also known as Middle Asia, is a subregion, region of Asia that stretches from the Caspian Sea in the west to western China and Mongolia in the east, and from Afghanistan and Iran in the south to Russia in the north. It includes t ...
and nearby parts of
Transcaucasia
The South Caucasus, also known as Transcaucasia or the Transcaucasus, is a geographical region on the border of Eastern Europe and Western Asia, straddling the southern Caucasus Mountains. The South Caucasus roughly corresponds to modern Arme ...
and
South Asia
South Asia is the southern subregion of Asia, which is defined in both geographical
Geography (from Greek: , ''geographia''. Combination of Greek words ‘Geo’ (The Earth) and ‘Graphien’ (to describe), literally "earth descr ...
.
CAREC Member countries
The 11 CAREC Member countries are:
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Multilateral Institution Partners
CAREC has six multilateral institutions partners:
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Asian Development Bank (ADB). ADB serves as the CAREC Secretariat.
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European Bank for Reconstruction and Development (EBRD)
The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build Market economy, market economies. ...
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International Monetary Fund (IMF)
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Islamic Development Bank (IsDB)
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United Nations Development Programme (UNDP)
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World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Inte ...
Ministerial Conferences
CAREC holds an annual ministerial conference.
* 2011 – Baku, Azerbaijan
* 2012 – Wuhan, People's Republic of China
* 2013 – Astana, Kazakhstan
* 2014 – Bishkek, Kyrgyz Republic
* 2015 – Ulaanbaatar, Mongolia
* 2016 – Islamabad, Pakistan
* 2017 – Dushanbe, Tajikistan
See also
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Quadrilateral Traffic in Transit Agreement
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Khyber Pass Economic Corridor
References
External links
CAREC ProgramCAREC Program
at the Asian Development Bank
CAREC 2030: Connecting the Region for Shared and Sustainable DevelopmentThe Almaty–Bishkek Economic CorridorFrom Landlocked to Linked In: The Central Asia Regional Economic Cooperation ProgramUnlocking the Potential of Railways: A Railway Strategy for CAREC (2017–2030)Safely Connected: A Regional Road Safety Strategy for CAREC Countries (2017–2030)
{{CARO
Central Asia
Afghanistan–Tajikistan relations
Kyrgyzstan–Tajikistan relations
Tajikistan–Uzbekistan relations
Kyrgyzstan–Uzbekistan relations
Kazakhstan–Kyrgyzstan relations
Kazakhstan–Uzbekistan relations
Central Asia–Pakistan relations