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This report discusses progress made by the Central Asia Regional Economic Cooperation (CAREC) Program’s trade facilitation efforts from 2010 to 2020 and evaluates the efficiency of cross-border trade across six CAREC transport corridors. Using the results of Corridor Performance Measurement and Monitoring (CPMM) tool, it outlines the disruption caused by COVID-19 and details steps by the 11 CAREC member countries to facilitate trade, bolster cooperation, and boost connectivity. Analyzing outstanding challenges and opportunities, it prescribes possible actions to remove important structural barriers to enable the efficient flow of goods and unlock growth for the region.
The Central Asia Regional Economic Cooperation (CAREC) Transport Strategy 2030 builds on progress made and lessons learned from the CAREC Transport and Trade Facilitation Strategy 2020. It separates trade facilitation from transport and links to the overall CAREC 2030 program in the areas of enhanced connectivity and sustainability. This strategy underscores increasing sustainability and network quality alongside continued construction and rehabilitation of transport corridors, and places more emphasis on multimodal connectivity, road asset management, road safety, and performance-based maintenance goals. The CAREC Transport Strategy 2030 will be implemented in conjunction with the CAREC Integrated Trade Agenda 2030.
This study, based on surveys from and interviews with the private sector, maps and sequences main reform priorities in relation to regional integration, infrastructure, trade facilitation and supra-national coordination. It suggests that the primary aim should be to develop the corridor not solely as a transit route for actors from outside the region but as an engine of integration and trade integration in Central Asia and the South Caucasus.
This report shows how smart trade and investment policies, and regulatory cooperation in the Asia and Pacific region can help economies tackle climate change, recover from the pandemic, and support resilient and sustainable development. Analyzing topics including global value chains, investment, the movement of people, and regional cooperation initiatives, it outlines the economic and environmental challenges the region currently faces. It explores how trade and investment policies can support climate action and highlights why a joined-up approach is essential to help deepen the digital economy, strengthen supply chains and foster greener businesses, markets, and trade.
Digital trade promotion has been a long-standing priority for CAREC member countries, as part of their integration into global value chains and economic diversification. This study examines the legal environment on electronic transactions as well as the opportunities and challenges in expanding electronic commerce in the CAREC region. It makes a case for modernization and harmonization of laws of CAREC countries leveraging on international instruments and best practices for electronic commerce transactions. Adequate legislation to protect personal privacy and consumers’ rights and combat cybercrime is also crucial. Finally, institutions must be built with trust, within and among countries and through regional cooperation.
This report highlights the results of Asian Development Bank (ADB) operations to support regional cooperation and integration (RCI) completed during 2017–2020. It outlines how ADB managed its support for RCI and used its resources, and how the bank continued leading development partners in assisting major RCI subregional programs. It notes that, in the medium term, sustaining ADB’s RCI leadership and promoting wider, deeper, and more open RCI to support the region’s recovery will require further resources. These include a broader base of quality RCI skills and financial resources mobilized from within and outside ADB. The report follows the 2017 ADB corporate progress report on RCI and is the first such report under ADB's Strategy 2030.
This publication assesses the plant health, animal health, and food safety measures of member countries of the Central Asia Regional Economic Cooperation (CAREC) Program. The assessment covers laws and procedures governing the oversight and application of sanitary and phytosanitary measures, laboratory infrastructure, and border services management. CAREC members include Afghanistan, Azerbaijan, the People's Republic of China, Georgia, Kazakhstan, the Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, Turkmenistan, and Uzbekistan.
This book presents an analysis of the state of trade facilitation in member countries of the South Asia Subregional Economic Cooperation (SASEC) program. It includes country-level studies and identifies four common trade facilitation priorities among SASEC countries: (i) implementation of the Trade Facilitation Agreement and other international conventions; (ii) logistics and infrastructure development, and related regulatory reforms; (iii) coordinated border management; and (iv) institutions and capacity building.
Bazaars in Central Asia play a major role in regional and national chains of production and distribution. This type of cross-border trade benefits particularly the poor, by keeping prices low and creating jobs also for women.