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3 documents signed within CAREC Ministerial Conference - PHOTO

3 documents signed within CAREC Ministerial Conference - <font color=red>PHOTO</font>

23 November 2011 16:32 (UTC +04:00)

Those documents are the working plan of CAREC-2020 Strategy, Cooperation Development Review and CAREC Institute.

According to Kuroda, 117 projects in amount of $17 mln were implemented within CAREC, during past 10 years. He noted that, CAREC supported economic development in Azerbaijan.

S. Valiyev noted that, CAREC had a great role in development of country and region.

He also noted that, $50 mln was planned to spend for implementation of projects within CAREC-2020.

According to him, $5 bln from the funds directed to the projects implemented in member state came from ADB, $ 6.6 bln â€“ from other partners on development, $ 3.7 bln â€“ from member states and $891 mln â€“ from other financial donors. CAREC received $151 mln-technical assistance from ADB.

Note that, CAREC next Ministerial Meeting will be held in Chine, next year.

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