Poised outside large Asian and Middle Eastern markets, Central Asian countries need assistance to negotiate and overcome constraints on trade and facilitate trade across borders.
Final Report: Regional Economic Cooperation.
Project Report | November 18, 2016
USAID’s Regional Economic Cooperation project researched and assembled solutions to cross-border trade in Central Asia, in addition to supporting the New Silk Road initiative. This was achieved by working through six mutually reinforcing project components, generating results that improved the environment for cross-border trade.
The five-year, USAID-funded Regional Economic Cooperation (REC) project was developed primarily to address barriers to cross-border trade in the Central Asian region and to support the New Silk Road initiative by increasing trade among Central Asian states, Afghanistan, and their broader trading partners. REC did this by building and supporting demand-driven trade networks and facilitating increased linkages through trade promotion events; conducting detailed market research to thoroughly evaluate export potential and identify constraints to business in Central Asia; testing barriers to export by assisting companies with pilot trade deals; building the capacity of women in business; helping Tajikistan accede to the WTO and assisting with post-accession activities; and by encouraging governments to implement pro-trade policies, regulations, and processes throughout the region.