Azerbaijan will participate at Ministerial Conference within CAREC Program on October 20
The Inaugural Session of the 5th Ministerial Conference on Central Asia Regional Economic Cooperation (CAREC) will be held in Urumqi, Xinjiang Uygur Autonomous Region, People's Republic of China (PRC), on 20 October. The Conference will bring together Ministers from Afghanistan, Azerbaijan, PRC, Kazakhstan, Kyrgyz Republic, Mongolia, Tajikistan, and Uzbekistan to discuss future regional cooperation efforts in Central Asia, Trend reports with reference to the statement of Asian Development Bank (ADB).
Representatives of multilateral institutions, bilateral and other regional organizations, and the private sector are expected to attend a series of meetings including a Business Development Forum starting on 16 October.
ADB President Haruhiko Kuroda will make a keynote speech at the Ministerial Conference. The program is focused on regional initiatives in transport, trade facilitation, trade policy, and energy that are critical to improving the economic performance of the region.
At the Conference, Ministers will consider a Comprehensive Action Plan to guide the strategic management of the CAREC program and will also discuss ways to accelerate the momentum of regional cooperation by broadening and deepening the program, said Xianbin Yao, Deputy Director General of ADB's Central and West Asia Department, at a press briefing.