Policy Brief on Cross-Country Connectivity and Trade in the CAREC Region
The CAREC Institute releases a new policy brief by Dr. Amjad Masood, focusing on “Cross-Country Connectivity to Boost Trade in the Central Asia Regional Economic Cooperation Region.” This policy brief delves into the critical role of transport infrastructure in driving economic growth and enhancing trade within the CAREC region.
In today’s globalized world, efficient transportation networks are essential for facilitating trade and fostering economic integration. The policy brief sheds light on the challenges faced by landlocked countries in Central Asia, emphasizing the need to address disparities in border clearance times and transport costs to improve regional connectivity.
The policy brief highlights the significant impact of transport costs on different product categories within the CAREC region. It underscores the importance of prioritizing value-added processing of raw materials to reduce transportation costs and enhance economic competitiveness.
With insightful policy recommendations aimed at improving transport infrastructure, streamlining border clearance procedures, and promoting value chain management, this publication serves as a valuable resource for policymakers, researchers, and stakeholders interested in advancing trade connectivity in Central Asia.