Implementation of Trade Facilitation Initiatives in Central Asia Regional Economic Cooperation Progr (ADB-50144-001)

Regions
  • Europe and Central Asia
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Aug 31, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Regional
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 31, 2017

Disclosed by Bank Sep 2, 2016


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
According to ADB Technical Assistance Report, the Central Asia Regional Economic Cooperation (CAREC) Program’s strategic framework for 2011–2020 (CAREC 2020) has two strategic objectives: expand trade and improve industrial competitiveness. Trade facilitation is one of four priority areas within the CAREC 2020 strategic framework. Work in this area is guided by the Transport and Trade Facilitation Strategy 2020, which focuses on the development of six CAREC corridors through infrastructure investments and trade facilitation initiatives to improve the movement of goods and people through and across these corridors. This TA will support the continuation of customs reforms and modernization efforts undertaken by CAREC countries. The impact of the TA will be improved flow of goods and people within the CAREC region. The outcome will be improved trade facilitation in CAREC countries.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Lazaro, Dorothea East Asia Department, ADB No contact information provided at the time of disclosure. ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main