Progress in Trade Facilitation in CAREC Countries

Download or read book Progress in Trade Facilitation in CAREC Countries written by Asian Development Bank and published by Asian Development Bank. This book was released on 2022-12-01 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report discusses progress made by the Central Asia Regional Economic Cooperation (CAREC) Program’s trade facilitation efforts from 2010 to 2020 and evaluates the efficiency of cross-border trade across six CAREC transport corridors. Using the results of Corridor Performance Measurement and Monitoring (CPMM) tool, it outlines the disruption caused by COVID-19 and details steps by the 11 CAREC member countries to facilitate trade, bolster cooperation, and boost connectivity. Analyzing outstanding challenges and opportunities, it prescribes possible actions to remove important structural barriers to enable the efficient flow of goods and unlock growth for the region.