200 officials to attend 5th Ministerial Conference on CAREC
(Xinhua) Updated: 2006-10-19 11:10
About 200 ministers and officials from the eight countries in the Central
Asia, the World Bank, the Asian Development Bank (ADB), and United Nation
Development Programme will attend the coming 5th Ministerial Conference on
Central Asia Regional Economic Cooperation (CAREC)
The conference, to
kick off on October 20 in Urumqi, capital of China's Xinjiang Uygur Autonomous
Region, is expected to pass a milestone comprehensive action plan and strategic
initiatives to boast regional cooperation in Central Asia and its neighbors,
said Jin Liqun, Vice President of ADB.
Jin said the ultimate purpose of
CAREC is to carry out highly effective regional cooperation and therefore
improve people's life in Central Asia.
Officials from countries
including China, Afghanistan, Azerbaijan, Kazakhstan, Kyrgyz Republic, Mongolia,
Tajikistan, and Uzbekistan to discuss the future regional cooperation.
Russia will attend the meeting as an observer, according to the
conference's secretariat. CAREC is a regional cooperation mechanism
initiated by the Asian Development Bank. It focused on regional initiatives in
transport, trade facilitation, trade policy, and energy that are critical to
improving the economic performance of the region. (For more biz stories, please visit Industry Updates)
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