ADB sees chance for Pakistan to emerge as trade hub - News Summed Up

ADB sees chance for Pakistan to emerge as trade hub


The advice comes at a time when Pakistan is struggling to improve relations with neighbours India and Afghanistan, which have become a stumbling block to any initiative for regional economic cooperation. ADB says ‘political pressure’ may impact design, implementation in BRT projectShe was speaking at the formal launch of the Central Asia Regional Economic Cooperation (Carec) Strategy 2030, which is a new long-term strategic framework for regional cooperation. Afghanistan, Azerbaijan, China, Mongolia, Kazakhstan, the Kyrgyz Republic, Tajikistan, Uzbekistan, Pakistan, Turkmenistan and Georgia are members of Carec. Since Pakistan joined Carec seven years ago, the country has benefited from regional connectivity investments worth $1.5 billion, of which the ADB has provided $800 million. The Carec 2030 strategy aligns its activities with national strategies and development plans and with the new international development agenda.


Source: The Express Tribune December 05, 2017 02:37 UTC



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