PR95863

BEIJING, May 8, 2022 /PRNewswire=KYODO JBN/--

On April 28, as part of the spring meetings, International Finance Forum (IFF)

joined hands with Central Asia Regional Economic Cooperation Institute (CAREC

Institute) to host an event to celebrate the 30th anniversary of the

establishment of diplomatic ties between China and five Central Asian countries.

With the theme of "New Global Landscape: Green Silk Road Cooperation in Central

Asia," experts and leaders from the regions had a constructive discussion about

climate change, energy transition and how countries could further work together

to accelerate efforts on green innovation.

"This year marks the 30th anniversary of the establishment of diplomatic

relations between China and Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and

Turkmenistan," Yu Hongjun, former Ambassador Extraordinary and Plenipotentiary

of the PRC to the Republic of Uzbekistan, said in a keynote speech.

Yu added that China is expecting an even brighter growth outlook when it comes

to the development of multi-national initiatives in the region.

Also at the event, Syed Shakeel Shah, Director of the CAREC Institute, said

that China and the five Central Asian nations have laid a firm foundation for

future bilateral cooperation, and that the CAREC Institute is making efforts to

boost development and interconnectivity in the region.

Specifically, Syed Shakeel Shah pointed out that the Central Asian region is

facing severe challenges brought by climate change and countries are in need of

greater financial support through the development of green finance. To build a

future with inclusive growth, governments and corporations must work together,

he added.

Meanwhile, Hu Xinglan, Principal Regional Cooperation Specialist of Central and

West Asia Department of Asian Development Bank, shared the "CAREC 2030"

strategy, a mission to create an open and inclusive regional cooperation

platform. CAREC 2030 prioritizes five operational clusters from economic and

financial stability to human development, encompassing both traditional and new

areas of cooperation in the region.

About Central Asia Regional Economic Cooperation Institute

Jointly formed by China and Central Asian nations, the CAREC Institute is an

intergovernmental organization dedicated to promoting economic cooperation in

Central Asia and along the Silk Road through knowledge generation and sharing.

It now has 11 member countries, aiming to accelerate the economic management

capacity of the countries and promote regional connectivity.

About International Finance Forum

IFF is an independent, non-profit, non-governmental international organization

founded in Beijing in 2003. Established by financial leaders from more than 20

countries, regions and international organizations including China, the US, EU

and UN, the forum is a long-standing, high-level platform for dialogue and

communication. For more information, please visit:

http://www.iff.org.cn/php/list.php?tid=477

Source: International Finance Forum (IFF)