News Releases

Central Asian Governments Endorse Plans to Boost Integration, Trade

Ministers at the 8th Ministerial Conference on CAREC today endorsed two major plans to advance cooperation in the region's transport, trade and energy sectors.

ADB President Calls for More Investment, Cooperation, to Improve CAREC Trade Logistics System

Efficient and cost-competitive transportation and logistics services will help governments in the Central Asia Regional Economic Cooperation region stimulate economic activity and promote social and political cohesion, ADB President Haruhiko Kuroda said here today.

Central Asian Nations Gather in Ulaanbaatar for 8th CAREC Ministerial Meeting

Ministers from across Central Asia are gathering in Ulaanbaatar, Mongolia, today for a major annual conference aimed at building transport and energy infrastructure, simplifying border and trade arrangements, and fostering closer cooperation among countries in the region.

ADB to Extend $500 Million to Georgia for Seven-Year Road Upgrade Program

ADB is extending up to $500 million to Georgia to support a major overhaul of vital link-roads between Central Asia and the Caucasus.

ADB to Help Georgia Improve Urban Transport

ADB is providing a $30 million loan to finance infrastructure repairs and upgrades in selected urban municipalities in Georgia which have been hard hit by the global economic crisis and conflict with the Russian Federation.

Asia-Pacific Governments Urged to Consider Conditional Cash Incentives

Asia-Pacific governments should consider enhancing the use of Conditional Cash Transfers to help vulnerable families affected by the global financial crisis, ADB Vice-President Ursula Schaefer-Preuss said today.

ADB Vice-President Inaugurates Resident Mission in Georgia

ADB Vice-President Xiaoyu Zhao on Monday officially inaugurated ADB's Resident Mission in Georgia at a ceremony attended by the country's Finance Minister, Kakha Baindurashvili.

ADB to Provide $200 Million Crisis Support for Armenia, Georgia, Tajikistan

ADB is extending $200 million in loans and grants to help Armenia, Georgia and Tajikistan sustain critical social spending programs that have been imperiled by the global economic crisis.

$5M Grant to Help Central and West Asia Cope with Climate Change

ADB Board of Directors has approved a US$5 million grant to help Central and West Asia address the impacts of climate change on the region.

Delegates Arrive in Bali Ahead of ADB's 42nd Annual Meeting

The first of more than 3,500 participants arrived at the Bali International Convention Centre today as registration desks opened for ADB's 42nd Annual Meeting of the Board of Governors.