Over 40 businessmen and people involved in policy from Central and South Asia met to establish a Regional Roundtable for Business Bodies (RRBB) in order to expand participation of private sector in economic cooperation in the region. Attending the event will be representatives from Afghanistan, Azerbaijan, the Chinese People’s Republic, India, Kazakhstan, the Kyrgyzstan, Mongolia, Pakistan, Russia, Tajikistan and Uzbekistan, the Baku representation of the Asian Development Bank (ADB) told Trend.
The preparatory meeting of the RRBB was held before the 6th Ministry Conference on issues of the Central Asian Regional Economic Cooperation (CAREC) and dedicated to development of the Bishkek action plan of the RRBB.
“The RRBB will be an important mean for contact between state and private sectors, and assistance in development of trade and increase of investments, as well as important unit combining national business circles with each other and the world,” Kharokhido Kuroda, the President of the ADB noted in his program speech at the Ministry Conference.
The meeting determined 4 key tasks of the RRBB such as contribution of private sector into programs on regional cooperation in Central and South Asia, formation of effective cooperation mechanism between state and private sectors, improvement of business climate and growing of potential of business circles in regional business.
“The RRBB will open bilateral communication channel to inform business circles about events concerning business cooperation, the people involved in the policy - reviews on implementing projects and programs,” Robert Bestani, the co-chairman of the meeting, as well as Director General of Private Sectors Transactions of the ADB.
The RRBB will focus on trade, energy and transport. The Bishkek action plan also includes spreading of information about the organization by the businessmen in their countries, development of conception on administrative mechanisms of establishment of the Roundtable by the ADB and its partners.