{"id":69112,"date":"2026-10-03T09:42:36","date_gmt":"2026-10-03T09:42:36","guid":{"rendered":"https:\/\/pakistanintheworld.pk\/live\/?p=69112"},"modified":"2026-10-03T10:14:24","modified_gmt":"2026-10-03T10:14:24","slug":"pakistan-is-ready-to-take-over-carec-chairmanship-and-host-26th-ministerial-conference-in-2027","status":"publish","type":"post","link":"https:\/\/pakistanintheworld.pk\/live\/pakistan-is-ready-to-take-over-carec-chairmanship-and-host-26th-ministerial-conference-in-2027\/","title":{"rendered":"Pakistan is Ready to Take Over CAREC Chairmanship and Host 26th Ministerial Conference in 2027"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-69114\" src=\"https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2026\/10\/CAREC-Mongolia-Pakistan-ADB-1.jpg\" alt=\"\" width=\"700\" height=\"407\" srcset=\"https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2026\/10\/CAREC-Mongolia-Pakistan-ADB-1.jpg 700w, https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2026\/10\/CAREC-Mongolia-Pakistan-ADB-1-300x174.jpg 300w, https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2026\/10\/CAREC-Mongolia-Pakistan-ADB-1-696x405.jpg 696w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/>CAREC Corridors to Connect Central Asia with Global Markets, Says Minister Planning<\/p>\n<p>Ulaanbaatar, Mongolia, September 29, 2026: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has called for transforming CAREC transport routes into next-generation economic corridors by integrating infrastructure, logistics, digital connectivity, energy cooperation and climate resilience.<\/p>\n<p>Participating in a session of t he 25th Central Asia Regional Economic Cooperation (CAREC) Ministerial Conference in Ulaanbaatar, the Minister said Pakistan viewed CAREC Corridors 5 and 6 as an opportunity to connect Central Asia with the Arabian Sea and generate economic activity along the routes .<\/p>\n<p>\u201cThe question is no longer simply, \u2018Can a truck travel this route?\u2019 It is, \u2018Can a business use this route reliably, competitively and profitably?\u2019\u201d he said.<\/p>\n<p>The Minister Ahsan Iqbal said the transformation of regional corridors required completion of the transport chain through upgraded CAREC roads, modern border facilities at Torkham and Chaman, stronger rail freight capacity through the proposed ML-1 upgrade, and efficient links to dry ports and seaports.<\/p>\n<p>He stressed the need to establish logistics and production hubs along strategic locations, saying cold storage, packaging, warehousing and light manufacturing could transform transit traffic into exports, jobs and value for communities along the corridors.<\/p>\n<p>The Minister also called for building a digital corridor across the CAREC region, noting that Pakistan Single Window provided a foundation for phased digital integration with regional partners. \u201cA consignment\u2019s documents should be checked before it reaches the border,\u201d he said.<\/p>\n<p>Highlighting the importance of regional energy cooperation and climate resilience, Prof. Ahsan Iqbal said initiatives such as CASA-1000 demonstrated the potential of cross-border energy connectivity, while new roads, railways and logistics infrastructure must be designed to withstand floods and extreme heat.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-69115\" src=\"https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2026\/10\/CAREC-Mongolia-Pakistan-ADB-3.jpg\" alt=\"\" width=\"500\" height=\"183\" srcset=\"https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2026\/10\/CAREC-Mongolia-Pakistan-ADB-3.jpg 500w, https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2026\/10\/CAREC-Mongolia-Pakistan-ADB-3-300x110.jpg 300w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/>\u201cThe transformation occurs when a corridor carries more than cargo: it carries investment, technology, energy and opportunity,\u201d he said.<\/p>\n<p>Responding to a question on regional actions needed to ensure shared benefits, the Minister emphasized coordinated planning of entire corridors, stronger cross-border cooperation and measuring the impact of connectivity on businesses and communities.<\/p>\n<p>He said CAREC countries should identify priority cross-border projects, prepare them to common standards and coordinate investment and construction schedules, with the Asian Development Bank playing a role in mobilizing financing, including private investment where appropriate.<\/p>\n<p><iframe loading=\"lazy\" title=\"CAREC Conference Mongolia | Pakistan Participation\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/0nG1nov31uM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>The Minister called for treating borders as a shared service, with compatible operating hours, advance electronic information, coordinated procedures and fewer repeated checks. He also emphasized the need to measure border delays, delivery times, local employment, SME participation and opportunities for women and youth.<\/p>\n<p>\u201cRegional cooperation succeeds when a trader can predict the journey, a farmer can reach a distant market without losing the harvest, and communities along the corridor share in its prosperity. That is how we move from connectivity to competitiveness,\u201d Prof. Ahsan Iqbal said.<\/p>\n<p>Earlier, addressing the opening session of the 25th CAREC Ministerial Conference under the theme \u201c25 Years of Partnership, Shaping the Future Together, \u201d the Minister said Pakistan looked forward to assuming the CAREC Chairmanship in 2027 and hosting the 26th Ministerial Conference.<\/p>\n<p>He said Pakistan, located at the intersection of Central Asia, South Asia and maritime routes, sought to turn its geographical position into an engine of shared regional growth through stronger connectivity, trade, digital integration and regional value chains.<\/p>\n<p>On the sidelines of the 25th CAREC Ministerial Conference in Ulaanbaatar, Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal witnessed the signing of a Memorandum of Understanding between the CAREC Capital Markets Development Forum (CMDF) and the ASEAN Capital Markets Forum (ACMF).<\/p>\n<p>The MoU aims to strengthen cooperation and facilitate greater connectivity between the capital markets of CAREC and ASEAN member countries, creating opportunities for knowledge sharing, regulatory cooperation and deeper regional financial integration.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"3HNwmOhIhP\"><p><a href=\"https:\/\/pakistanintheworld.pk\/live\/pakistan-in-the-world-january-2026\/\">Pakistan in the World \u2013 January 2026<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Pakistan in the World \u2013 January 2026&#8221; &#8212; Pakistan In the World\" src=\"https:\/\/pakistanintheworld.pk\/live\/pakistan-in-the-world-january-2026\/embed\/#?secret=W8cLTZ2dKE#?secret=3HNwmOhIhP\" data-secret=\"3HNwmOhIhP\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CAREC Corridors to Connect Central Asia with Global Markets, Says Minister Planning Ulaanbaatar, Mongolia, September 29, 2026: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has called for transforming CAREC transport routes into next-generation economic corridors by integrating infrastructure, logistics, digital connectivity, energy cooperation and climate resilience. Participating in a session of t [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":69114,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[1908,5711,727,644,730,48],"_links":{"self":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/69112"}],"collection":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/comments?post=69112"}],"version-history":[{"count":3,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/69112\/revisions"}],"predecessor-version":[{"id":69118,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/69112\/revisions\/69118"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/media\/69114"}],"wp:attachment":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/media?parent=69112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/categories?post=69112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/tags?post=69112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}