Central Asian nations’ share in global trade has consistently been less than 1%. The region’s limited intraregional trade, investment, and people mobility have rendered it one of the least integrated regions in Asia and the Pacific. The Asian Development Bank (ADB) and its financing partners are aiding Central Asian countries in their quest to boost trade by updating customs policies and procedures.
Impact of the Asian Financial Crisis
Before the Asian financial crisis in 2008, Central Asia witnessed an…
