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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: * * * * * * * * * * *


Multilateral Institution Partners

CAREC has seven multilateral institutions partners: * Asian Development Bank (ADB). ADB serves as the CAREC Secretariat. * Asian Infrastructure Investment Bank (AIIB) * European Bank for Reconstruction and Development (EBRD) * International Monetary Fund (IMF) * Islamic Development Bank (IsDB) * United Nations Development Programme (UNDP) *
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

*
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 ...
*
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 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 Bilateral relations of Pakistan