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 to promote social and economic development in Asia. The bank is headquartered in Metro Manila, Philippines and maintains 31 field offices around the world.
The bank was establishe ...
(ADB) to encourage economic cooperation among countries in
Central Asia
Central Asia is a region of Asia consisting of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. The countries as a group are also colloquially referred to as the "-stans" as all have names ending with the Persian language, Pers ...
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 West Asia, straddling the southern Caucasus Mountains. The South Caucasus roughly corresponds to modern Armenia, ...
and
South Asia
South Asia is the southern Subregion#Asia, subregion of Asia that is defined in both geographical and Ethnicity, ethnic-Culture, cultural terms. South Asia, with a population of 2.04 billion, contains a quarter (25%) of the world's populatio ...
.
CAREC Member countries

The 11 CAREC Member countries are:
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Multilateral Institution Partners
CAREC has seven multilateral institutions partners:
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Asian Development Bank (ADB). ADB serves as the CAREC Secretariat.
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Asian Infrastructure Investment Bank (AIIB)
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European Bank for Reconstruction and Development (EBRD)
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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 Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...
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
* 2018 - Ashgabat, Turkmenistan
* 2019 - Tashkent, Uzbekistan
* 2020 - Virtual Meeting
* 2021 - Virtual Meeting
* 2022 - Virtual Meeting
* 2023 - Tbilisi, Georgia
See also
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Quadrilateral Traffic in Transit Agreement
The Quadrilateral Traffic in Transit Agreement (QTTA) () is a transit trade deal between China, Pakistan, Kyrgyzstan and Kazakhstan for facilitating transit traffic and International trade, trade. In February 2017, Tajikistan expressed interest in ...
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Khyber Pass Economic Corridor
Khyber Pass Economic Corridor (KPEC) (; ) is an infrastructure project that aims to expand Pakistan's economic connectivity with Afghanistan, and by extension Central Asia, via the Khyber Pass. The project was approved for construction in December ...
References
External links
CAREC ProgramCAREC Programat 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
Bilateral relations of Pakistan