Regional Cooperation and Integration (RCI)
Across Asia and the Pacific, ADB is working to promote cross-border infrastructure, trade integration, financial links, and regional public goods.
The program is a proactive facilitator of practical, results-based regional projects, and policy initiatives critical to sustainable economic growth and shared prosperity in the region. It is guided by the overarching vision of “Good Neighbors, Good Partners, and Good Prospects.”
CAREC 2030 provides the new long-term strategic framework for the program and prioritizes five operational clusters, encompassing both traditional and new areas of cooperation: (i)Economic and Financial Stability; (ii) Trade, Tourism, and Economic Corridors; (iii) Infrastructure and Connectivity; (iv) Agriculture and Water; and (v) Human Development.
In addition, CAREC supports the integration of information and communication technology (ICT) across the spectrum of CAREC operations to promote productivity and efficiency gains in all operational clusters.
ADB serves as secretariat or advisor for the following subregional programs.
The BIMP-EAGA initiative was launched in 1994 as a cooperation initiative to close the development gap across and within the EAGA member countries.
The GMS is a natural economic area bound together by the Mekong River, covering 2.6 million square kilometers and a combined population of around 326 million.
Indonesia, Malaysia, and Thailand are neighbors sharing close historical, cultural, and linguistic ties.
The SASEC Program brings together Bangladesh, Bhutan, India, the Maldives, Nepal, and Sri Lanka in a project-based partnership to build a better quality of life for the people of the subregion.