Ministers from ten member countries of the Central Asia Regional Economic Cooperation (CAREC) Program met virtually for the 21st Ministerial Conference on 24 November.

The Minister of Finance of the People’s Republic of China, Liu Kun, and the ADB President Masatsugu Asakawa delivered the keynote address.

Delegations from Azerbaijan, China, Georgia, Kazakhstan, Kyrgyzstan, Mongolia, Pakistan, Tajikistan, Turkmenistan and Uzbekistan attended the conference.

High-level delegates from the World Bank, the Asian Development Bank, the Asian Infrastructure Investment Bank, the Economic Cooperation Organization, the United Nations Economic Commission for Europe and others took part in the discussion of program documents.

The relevance of forming a new model of economic interaction based on using new growth points and drivers of development in the medium and long term was noted.

The Ministers endorsed three strategic documents: (1) Post-Pandemic Framework for a Green, Sustainable, Inclusive Recovery; (2) Cooperation Framework for Agricultural Development and Food Security in the CAREC Region; and (3) CAREC Green Energy Alliance. They also considered how to support regional actions to address climate change under the CAREC Program.

UzA