Bilateral Dimensions of the CAREC Trade Facilitation Agenda: Spotlight on Mongolia and the People's Republic of China
ADB supports regional cooperation and integration to promote economic cooperation as a means for achieving a more efficient use of regional resources, make economies more complementary, and promote the orderly expansion of foreign trade.
- Cooperation on regional public goods promises substantial economic benefits.
- The ADB-assisted CAREC Program sponsors measures to facilitate trade and maximize the impact of investments in infrastructure.
- The program provides an effective institutional forum for negotiating complex, cross-border projects.