The Azerbaijan State News Agency

ECONOMY

CAREC PROGRAM’S PARTICIPATING COUNTRIES TO DISCUSS REGIONAL COOPERATION IN URUMQI

25.09.2006 [15:25]
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Ministers from Azerbaijan, Afghanistan, Kazakhstan, Kyrgyzstan, Mongolia, Tajikistan and Uzbekistan will discuss ways of further expanding regional cooperation at the fifth meeting of the Central Asia Regional Economic Cooperation (CAREC) Program’s participating countries due to take place on October 20 in Urumqi, China.

The CAREC Program is an Asian Development Bank supported initiative which was established in 1997 to encourage economic cooperation among countries in the Central Asian region.

The Program focuses on financing infrastructure projects and improving the region's policy environment in the priority areas of transport, energy and trade.