"CAREC 2020" NAT'L SEMINAR RUNS

Ulaanbaatar, Mongolia /MONTSAME/ The “CAREC 2020” national seminar will run on May 31 in Ulaanbaatar.


To be co-organized by the Finance Ministry of Mongolia and Asian development bank /ADB/, the seminar expects a participation of ministries, agencies and international cooperation organizations' representatives.

Central Asia Regional Economic Cooperation /CAREC/ programme will be presented, and the Ministry of Finance will consider works, done within the last ten years inframes of various projects and programs, and its future strategy plan.

The CAREC aims to ease road, transport, energy and trade matters between the countries-participants and to strengthen a collaboration in the trade policy sphere. This program has been implemented by the ADB the last ten years for supporting a regional economy development.

During this time, 100 projects received 15 billion US dollars, many trainings were run. Mongolia is still engaged in this program.

At the seminar, the “CAREC 2020” strategic document will be presented which projects main tendencies for the next 10 years.

B.Oyundelger

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