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AKIPRESS (25 October 2022)

Countries in central and west Asia have endorsed three new cross-border cooperation initiatives to help accelerate the region’s recovery from the COVID-19 pandemic, improve food security, and boost the development of clean energy.

“The pandemic showed that health shocks can have large macroeconomic impacts with significant social costs,” ministers from the Central Asia Regional Economic Cooperation (CAREC) Program said in a joint statement at the 21st CAREC Ministerial Conference held today. “We will push productivity through digitalization, innovation, and investment; achieve green growth through climate action, sustainable agriculture, and energy transition; and promote inclusiveness through social protection, gender, education, and health.”

The CAREC Program is a partnership of countries and development partners working together to promote sustainable development. It facilitates practical, results-based regional projects and policy initiatives to accelerate economic growth and reduce poverty in the region. The Asian Development Bank (ADB) hosts the CAREC secretariat.

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