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International Relation

CAREC to benefit from cooperation with BRI, says official

July 19, 2018


Abstract : A two-day forum, "Building knowledge corridors along the Silk Road", kicked off here Tuesday to bring universities, think tanks, governments and business communities together to discuss key policy issues in the region.

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Zhou Qiangwu (1st L), director of International Economics and Finance Institute, a think tank under China's Ministry of Finance, speaks at the "Building knowledge corridors along the Silk Road" forum in Bishkek, Kyrgyzstan, July 17, 2018. The two-day forum kicked off here Tuesday to bring universities, think tanks, governments and business communities together to discuss key policy issues in the region. The forum is being hosted by the Central Asian Regional Economic Cooperation (CAREC). (Xinhua/Roman)    

BISHKEK, July 19 (Xinhua) -- A two-day forum, "Building knowledge corridors  along the Silk Road", kicked off here Tuesday to bring universities, think tanks, governments and business communities together to discuss key policy issues in the region.

The forum is being hosted by the Central Asian Regional Economic Cooperation (CAREC).

The CAREC program, initiated by the Asian Development Bank in 1997 to encourage regional cooperation, includes Afghanistan, Azerbaijan, China, Kazakhstan, Kyrgyz Republic, Mongolia, Tajikistan, Turkmenistan, Pakistan and Uzbekistan.

Sanjaasuren Bayaraa, director of the CAREC Institute set up in Urumqi, China, to enhance CAREC programs through knowledge generation and capacity building, said CAREC should coordinate and collaborate with the Belt and Road Initiative (BRI) for win-win results for all sides involved.

Like the BRI, the CAREC economic corridors also include infrastructure, energy and agriculture projects, he told Xinhua.

The director said it would be a win-win situation if BRI and CAREC work in collaboration.

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Keyword: Belt-and-road Central-Asia CAREC

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