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Tuesday, 28 April 2020

Central Asia Regional Economic Cooperation (CAREC) Program


CAREC

The Central Asia Regional Economic Cooperation (CAREC) Program is a partnership of 11 countries. The development partners working together to promote development through cooperation, leading to accelerated economic growth and poverty reduction. The CAREC was started in 1997 by ADB to encourage economic cooperation among the central asian countries.


Vision Statement: “Good Neighbors, Good Partners, and Good Prospects.

The CAREC finances, facilitates creation of economic prosperity through cooperation between the member nations. The vast and seamless connectivity will create speedy movement of the goods, development of new cities etc.

Member nations: Afghanistan , Azerbaijan, People's Republic of China, Georgia, Kazakhstan, Kyrgyz Republic, Mongolia, Pakistan, Tajikistan,Turkmenistan, Uzbekistan

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