What does CAREC mean in INTERNATIONAL BUSINESS
Central Asia Regional Economic Cooperation (CAREC) is a partnership of 11 countries in Central and South Asia, which was established in 2001 to promote economic cooperation in the region. The program focuses on five areas: transport, energy, trade facilitation, trade policy, and institutions. CAREC aims to reduce poverty and improve the lives of people living in Central and South Asia through greater economic integration, improved energy infrastructure, and enhanced trade linkages.
CAREC meaning in International Business in Business
CAREC mostly used in an acronym International Business in Category Business that means Central Asia Regional Economic Cooperation
Shorthand: CAREC,
Full Form: Central Asia Regional Economic Cooperation
For more information of "Central Asia Regional Economic Cooperation", see the section below.
Essential Questions and Answers on Central Asia Regional Economic Cooperation in "BUSINESS»INTBUSINESS"
What is CAREC?
CAREC stands for Central Asia Regional Economic Cooperation. It is a partnership of 11 countries that was established to promote economic cooperation in the region.
What are the goals of CAREC?
The goals of CAREC are to reduce poverty and improve the lives of people living in Central and South Asia through greater economic integration, improved energy infrastructure, and enhanced trade linkages.
How many countries are part of the CAREC program?
There are 11 member countries in total that make up the CAREC program.
What areas does CAREC focus on?
The CAREC program focuses on five key areas including transport, energy, trade facilitation, trade policy and institutions.
When was the CAREC program established?
CAREC was established in 2001.
Final Words:
The CAREC program has been helping to improve economic development for over two decades throughout Central and South Asia by promoting greater economic integration, improved energy infrastructure, and enhanced trade linkages among its member countries. By continuing to support this important initiative into the future we can ensure that it will continue to have a positive impact on improving people's lives throughout this important region.