Building Partnerships for Development: Regional Cooperation Strategy and Program 2004-2006
Asian Development Bank | October 2004
Successful regional cooperation is a crucial element in the future peace and prosperity of Central Asia. Sharing their rich human and natural resources and establishing efficient transport links within the region and beyond are the keys to achieving sustainable economic growth and to improving living standards. The Asian Development Bank (ADB) began the Central Asia Regional Economic Cooperation (CAREC) program in 1997. Member countries are the People’s Republic of China (PRC), primarily the Xinjiang Uygur Autonomous Region, Mongolia, and five of the six Central Asian republics (CARs) namely Azerbaijan, Kazakhstan, Kyrgyz Republic, Tajikistan, and Uzbekistan. Turkmenistan has not yet joined. CAREC is also an alliance of institutions that support regional cooperation including the European Bank for Reconstruction and Development, the Islamic Development Bank, the International Monetary Fund, the World Bank, and the United Nations Development Programme. This first Regional Cooperation Strategy and Program (RCSP) will focus future ADB assistance on regional cooperation.
CitationAsian Development Bank. 2004. Building Partnerships for Development: Regional Cooperation Strategy and Program 2004-2006. © Asian Development Bank. http://hdl.handle.net/11540/5454.
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