Company type | Economic corridor |
---|---|
Founded | 1997 |
Headquarters | , |
Area served | Afghanistan, Azerbaijan, People’s Republic of China, Georgia, Kazakhstan, Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, Turkmenistan, and Uzbekistan |
Parent | Asian Development Bank |
Website | www |
The Central Asia Regional Economic Cooperation (CAREC) Program is a program established in 1997 by the Asian Development Bank (ADB) to encourage economic cooperation among countries in Central Asia and nearby parts of Transcaucasia and South Asia.
The 11 CAREC Member countries are: [1]
CAREC has seven multilateral institutions partners: [2]
CAREC holds an annual ministerial conference. [3]
The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, which is headquartered in 6 ADB Avenue, Mandaluyong, Metro Manila 1550, Philippines. The bank also maintains 31 field offices around the world to promote social and economic development in Asia. The bank admits the members of the UN Economic and Social Commission for Asia and the Pacific, and non-regional developed countries. Starting with 31 members at its establishment, ADB now has 68 members.
Foreign relations of Kazakhstan are primarily based on economic and political security consideration. The Nazarbayev administration has tried to balance relations with Russia and the United States by sending petroleum and natural gas to its northern neighbor at artificially low prices while assisting the U.S. in the War on Terror. Kazakhstan is a member of the United Nations, Collective Security Treaty Organization, Organization for Security and Co-operation in Europe, North Atlantic Cooperation Council, Commonwealth of Independent States, the Shanghai Cooperation Organisation, and NATO's Partnership for Peace program. Kazakhstan established a customs union with Russia and Belarus which eventually became the Eurasian Economic Union. President Nazarbayev has prioritized economic diplomacy into Kazakhstan's foreign policy.
The economy of Kyrgyzstan is heavily dependent on the agricultural sector. Cotton, tobacco, wool, and meat are the main agricultural products, although only tobacco and cotton are exported in any quantity. According to Healy Consultants, Kyrgyzstan's economy relies heavily on the strength of industrial exports, with plentiful reserves of gold, mercury and uranium. The economy also relies heavily on remittances from foreign workers. Following independence, Kyrgyzstan was progressive in carrying out market reforms, such as an improved regulatory system and land reform. In 1998, Kyrgyzstan was the first Commonwealth of Independent States (CIS) country to be accepted into the World Trade Organization. Much of the government's stock in enterprises has been sold. Kyrgyzstan's economic performance has been hindered by widespread corruption, low foreign investment and general regional instability. Despite those issues, Kyrgyzstan is ranked 70th on the ease of doing business index.
Asia-Pacific Economic Cooperation is an inter-governmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region. Following the success of ASEAN's series of post-ministerial conferences launched in the mid-1980s, APEC started in 1989, in response to the growing interdependence of Asia-Pacific economies and the advent of regional trade blocs in other parts of the world; it aimed to establish new markets for agricultural products and raw materials beyond Europe. Headquartered in Singapore, APEC is recognized as one of the highest-level multilateral blocs and oldest forums in the Asia-Pacific region, and exerts significant global influence.
Kyrgyzstan, officially the Kyrgyz Republic, is a landlocked country in Central Asia, lying in the Tian Shan and Pamir mountain ranges. Bishkek is the capital and largest city of the country. Kyrgyzstan is bordered by Kazakhstan to the north, Uzbekistan to the west, Tajikistan to the south, and China to the east and southeast. Ethnic Kyrgyz make up the majority of the country's 7 million people, followed by significant minorities of Uzbeks and Russians.
The South Asian Association for Regional Cooperation (SAARC) is the regional intergovernmental organization and geopolitical union of states in South Asia. Its member states are Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. SAARC comprises 3% of the world's land area, 21% of the world's population and 5.21% of the global economy, as of 2021.
The Economic Cooperation Organization or ECO is an Eurasian political and economic intergovernmental organization that was founded in 1985 in Tehran by the leaders of Iran, Pakistan, and Turkey. It provides a platform to discuss ways to improve development and promote trade and investment opportunities. The ECO is an ad hoc organisation under the United Nations Charter. The objective is to establish a single market for goods and services, much like the European Union. After the dissolution of the Soviet Union, the ECO expanded to include Afghanistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan in 1992.
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is an international organisation of seven South Asian and Southeast Asian nations, housing 1.73 billion people and having a combined gross domestic product of US$5.2 trillion (2023). The BIMSTEC member states – Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand – are among the countries dependent on the Bay of Bengal.
Daniar Toktogulovich Usenov is a Kyrgyz banker and politician who served as the Prime Minister of Kyrgyzstan from October 2009 to April 2010. He previously served as Mayor of Bishkek.
The Greater Mekong Subregion, (GMS) or just Greater Mekong, is a trans-national region of the Mekong River basin in Southeast Asia. The region is home to more than 300 million people. It came into being with the launch of a development program in 1992 by the Asian Development Bank that brought together the six Asian countries of Cambodia, China, Laos, Myanmar (Burma), Thailand, and Vietnam.
Kazakhstan–Kyrgyzstan relations refers to the bilateral diplomatic relations between the Republic of Kazakhstan and the Kyrgyz Republic. Bilateral relationships between the countries, which share a border, are very strong and Kyrgyz and Kazakh are very close in terms of language, culture and religion. Kyrgyz-Kazakh relationships have always been at very high level and economic and other formal connections of two countries have been greeted with strong appreciation by both nations since the two share a lot in common.
Pakistan formally consummated diplomatic ties with Kyrgyzstan on May 10, 1992, although relations were initially founded on December 20, 1991, shortly after Kyrgyzstan became independent of the Soviet Union. Consequently, Pakistan opened its diplomatic outpost in Bishkek in 1995.
Patrick Jérôme Achi is an Ivorian politician who served as Prime Minister of Côte d'Ivoire from March 2021 to October 2023 in President Alassane Ouattara's government. He is a member of the Rally of the Republicans (RDR). He studied at Supélec and Stanford University and specialises in engineering and infrastructure. He has also worked as the government spokesman for President Alassane Ouattara.
India–Kyrgyzstan relations are the relations between India and Kyrgyzstan.
The Forum of Women's NGOs in Kyrgyzstan is an NGO set up to provide administrative and financial aid to other NGOs, whose primary concern is helping women.
The South Asia Subregional Economic Cooperation (SASEC) Program, set up in 2001, brings together Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, and Sri Lanka in a project-based partnership to promote regional prosperity by improving cross-border connectivity, boosting trade among member countries, and strengthening regional economic cooperation. As of June 2020, SASEC countries have implemented 61 regional projects worth over $13 billion in the energy, transport, trade facilitation, economic corridor development, and information and communications technology (ICT) sectors. The Manila, Philippines-based Asian Development Bank (ADB) serves as the Secretariat for the SASEC member countries.
Science and technology in Kyrgyzstan examines government efforts to develop a national innovation system and the impact of these policies.
Climate change is evident in Kyrgyzstan. Among the countries in Eastern Europe and Central Asia, Kyrgyzstan is the third most vulnerable to the effects of climate change, such as changes in weather patterns that could lead to prolonged periods of precipitation and drought. Moreover, the frequent occurrence of extreme weather and climate events such as heatwaves, droughts, heavy rainfalls, and biotic/abiotic catastrophes during recent years are evidence of climate change. Kyrgyzstan is threatened with glacier melting and a lack of freshwater balance, which are accelerated by global warming. The average temperature has increased from 4.8 °C to 6 °C so far within the last 20 years. In 2013 the World Bank estimated a likely increase of 2 °C in average mean temperature by 2060 and of 4–5 °C by 2100, noting that the country's glaciers were significantly reduced and projected to decline further. A significant warming trend in Kyrgyztsan with a projected increase of 6°C under the Shared Socioeconomic Pathway (SSP) scenario SSP5-8.5 from 2076 to 2096. However the very slight increase in temperature is expected to positively affect climate-sensitive sectors such as agriculture, energy, and forestry as more land is within the optimum temperature band.