The Central Asian Regional Economic Cooperation Program, or CAREC, has welcomed two new members during its latest ministerial conference: Turkmenistan and Pakistan.
“We welcome Turkmenistan and Pakistan as new CAREC members. We are confident that their participation in the CAREC Program will bring benefits to all,” CAREC ministers said in a statement. “CAREC fosters regional connectivity and instills a regional mindset to look beyond national interests.”
The two countries’ inclusion in CAREC extends the program’s reach to the Arab region and beyond, and it improves the competitiveness of Central Asia in global markets, ADB noted in a news release. ADB has been CAREC’s secretariat since 2001.