The ability of the economies of the Caucasus and Central Asia to effectively respond to external shocks critically depends on their cooperation in diversifying trade and transport routes. The right policies and development of the Middle Corridor is a key to success.
No country can fight climate change alone. The countries of the Central Asia Regional Economic Cooperation (CAREC) program should take coordinated action to combat the increasing impacts of climate change and find sustainable solutions.
As global economic corridors gain momentum, a comprehensive approach to trade and transport facilitation is essential to strengthen supply chains for sustainable growth.
A free trade agreement could bring the economic and social development benefits of global value chains to Central Asia.
Economic corridors have the potential to bridge infrastructure gaps, foster industrial growth, and promote economic diversification, playing a pivotal role in propelling Asia towards a more inclusive and sustainable growth trajectory.
Central Asian countries are facing major food security challenges, but can meet them by working together on shared solutions.
Persistent, high levels of nonperforming loans could undermine bank lending and economic recovery in Asia’s developing countries.
We need to work across borders to ensure that the benefits of the Regional Comprehensive Economic Partnership are enjoyed by everyone.
Trade via rail in Central Asia has proven highly effective in recent years. It needs further support to take it to the next level.
The COVID-19 pandemic has increased the importance of ensuring that the poorest and most vulnerable people have access to formal financial services, given their role in supporting inclusive economic recovery and resilience.