{"id":51339,"date":"2019-04-14T10:20:17","date_gmt":"2019-04-14T05:20:17","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=51339"},"modified":"2019-04-15T10:28:12","modified_gmt":"2019-04-15T05:28:12","slug":"adb-for-synergising-cpec-carec","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/adb-for-synergising-cpec-carec.html","title":{"rendered":"ADB for synergising CPEC, CAREC"},"content":{"rendered":"<p>Islamabad: Asian Development Bank (ADB) is looking to synergise China-Pakistan Economic Corridor (CPEC) and Central Asia Regional Economic Cooperation (CAREC), a news source reported.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/new-unit-set-up-financial-audit-cpec-projects.html\">New unit set up for financial audit of CPEC projects<\/a><\/p>\n<p>ADB Country Head Yang Xiaohong said that various efforts are underway in CAREC to promote regional integration and create economic values for member countries.<\/p>\n<p>CAREC had been launched two decades ago by ADB to encourage economic cooperation among the 11 member countries.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/pm-reviews-cpec-phase-ii-projects.html\">PM reviews CPEC phase II projects<\/a><\/p>\n<p>Pakistan joined CAREC in 2018 and since then, USD 1.5 billion has been invested in projects related to building trade and transport connectivity.<\/p>\n<p>Other CAREC members include Afghanistan, Azerbaijan, China, Georgia, Kazakhstan, Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, Turkmenistan and Uzbekistan.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/pakistan-china-plan-expand-cpec.html\">Pakistan, China plan to expand CPEC<\/a><\/p>\n<p>According to ADB estimates, there has been an approximate decline of 37% \u00a0in Pakistan\u2019s exports to the member countries over the last five years.<\/p>\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/three-important-cpec-projects-to-be-completed-within-12-months.html\">Three important CPEC projects to be completed within 12 months<\/a><\/p>\n<p>Meanwhile, China has pledged more than USD 60 billion under the CPEC framework to improve energy, industrial and transport infrastructures in Pakistan and to improve its economic link across the Arabian Sea.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Asian Development Bank (ADB) is looking to synergise China-Pakistan Economic Corridor (CPEC) and Central Asia Regional Economic Cooperation (CAREC), a news source reported. Read:\u00a0New unit set up for financial audit of CPEC projects ADB Country Head Yang Xiaohong said that various efforts are underway in CAREC to promote regional integration and create economic values for member countries. CAREC had been launched two decades ago by ADB to encourage economic cooperation among the 11 member countries. Read:\u00a0PM reviews CPEC phase II projects Pakistan joined CAREC in 2018 and since then, USD 1.5 billion has been invested in projects related to building trade and transport connectivity. Other CAREC members include Afghanistan, Azerbaijan, China, Georgia, Kazakhstan, Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, Turkmenistan and Uzbekistan. Read:\u00a0Pakistan, China plan to expand CPEC According to ADB estimates, there has been an approximate decline of 37% \u00a0in Pakistan\u2019s exports to the member countries over the last five years. Read: Three important CPEC projects to be completed within 12 months Meanwhile, China has pledged more than USD 60 billion under the CPEC framework to improve energy, industrial and transport infrastructures in Pakistan and to improve its economic link across the Arabian Sea.<\/p>\n","protected":false},"author":57,"featured_media":36869,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[11322],"persona":[],"class_list":{"0":"post-51339","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-adb-for-synergising-cpec-carec"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ADB for synergising CPEC, CAREC - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Asian Development Bank (ADB) is looking to synergise China-Pakistan Economic Corridor (CPEC) and Central Asia Regional Economic Cooperation\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/adb-for-synergising-cpec-carec.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADB for synergising CPEC, CAREC - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Asian Development Bank (ADB) is looking to synergise China-Pakistan Economic Corridor (CPEC) and Central Asia Regional Economic Cooperation\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/adb-for-synergising-cpec-carec.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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