High Level Conference on Central Asia Regional Economic Cooperation Set for October

News Release | 1 September 2006

BEIJING, PEOPLE'S REPUBLIC OF CHINA - The Inaugural Session of the 5th Ministerial Conference on Central Asia Regional Economic Cooperation (CAREC) will be held in Urumqi, Xinjiang Uygur Autonomous Region, People's Republic of China (PRC), on 20 October. The media is invited to attend.

The Conference will bring together Ministers from Afghanistan, Azerbaijan, PRC, Kazakhstan, Kyrgyz Republic, Mongolia, Tajikistan, and Uzbekistan to discuss future regional cooperation efforts in Central Asia.

Representatives of multilateral institutions, bilateral and other regional organizations, and the private sector are expected to attend a series of meetings including a Business Development Forum starting on 16 October. ADB President Haruhiko Kuroda will make a keynote speech at the Ministerial Conference.

CAREC is a broad partnership of the participating countries and six multilateral institutions to promote economic cooperation in Central Asia. The program is focused on regional initiatives in transport, trade facilitation, trade policy, and energy that are critical to improving the economic performance of the region.

"At the Conference, Ministers will consider a Comprehensive Action Plan to guide the strategic management of the CAREC program and will also discuss ways to accelerate the momentum of regional cooperation by broadening and deepening the program," said Xianbin Yao, Deputy Director General of ADB's Central and West Asia Department, at a press briefing.

All who are interested in covering the Conference and related events, please register as representatives of media (newspaper, magazines, radio and on-line) through the website homepage of the Ministry of Finance, PRC (www.mof.gov.cn) that will open on 1 September.