USAID Launches New $ 19 Million Central Asia Trade Project

The United States Agency for International Development (USAID) announced the launch of a new five-year Central Asia trade project with a total budget of US $ 19 million.

The project will be implemented in Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan.

USAID's Central Asia Trade Project will provide technical assistance to the public and private sectors to achieve three key strategic objectives.

The activities of the program will be aimed at harmonizing customs and border control procedures in order to reduce financial and time costs, as well as stimulate economic growth in the region.
In addition, the program will strengthen public-private partnerships to implement reforms that spur development and ensure investment flows.
Also, according to the project, work will be carried out with stakeholders in order to increase the volume of cross-border trade both within the Central Asian region and beyond.