The technical assistance (TA) will expand global and regional trade and investment opportunities expanded (Pillar 2 of ADB Strategy 2030 Operational Priority 7: Fostering Regional Cooperation and Integration) and enhance the integration of CAREC countries in the global economy (CAREC Integrated Trade Agenda 2030 and Rolling Strategic Action Plan 2018 2020).
CAREC countries' capacities for designing, negotiating, implementing, and monitoring of free trade agreements (FTAs) improved
- Evidence-based policy recommendations generated and action plans developed
- Technical capacity of CAREC member countries to design, negotiate, implement, and monitor FTAs improved
- Roadmap for a CAREC FTA developed
|Funding Agency||Amount (USD millions)||Notes|
|People’s Republic of China (PRC) Poverty Reduction and Regional Cooperation Fund||0.5|
|United Kingdom Fund for Asia Regional Trade and Connectivity||0.7||Under the Regional Cooperation and Integration Financing Partnership Facility|