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Press Release.............................. UNESCAP News Services

2 April 2003
Press Release: G/02/2003

INTERNATIONAL ECONOMIC CONFERENCE ON TAJIKISTAN

RESOURCE-RICH CENTRAL ASIA NEW ECONOMIC GROWTH AREA

Bangkok (United Nations Information Services) -- In order to stimulate investment, growth and sustainable development in Central Asia, the United Nations and the Government of Tajikistan are jointly organizing the International Economic Conference and Regional Round Table on Foreign Direct Investment for Central Asia 2nd to 4th April at Dushanbe, Tajikistan

The United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), United Nations Economic Commission for Europe (UNECE), United Nations Conference on Trade and Development (UNCTAD) are organizing this timely conference with Tajikistan.

Experts will discuss the implications of the current global economy for Central Asia and neighboring sub regions from the perspective of United Nations Special Programme for the Economies of Central Asia (SPECA). The program was formally started in March 1998 by the Govt. of Tajikistan with the close co-operation of UNESCAP and UNECE, an initiative taken by UN Secretary General, Mr.Kofi Annan.

"The international Economic Conference would play vital role in providing an effective international forum for achieving the goals for mobilizing widespread international support for economic development in Central Asia," said UNESCAP's Executive Secretary Mr. Kim Hak-Su in a statement read out for him by Mr. Raj Kumar , Chief, Policy and Development Division, UNESCAP.

"The Agenda of the Conference is not an agenda for today. As a matter of fact, it is the agenda for the future. The conference is expected to advocate a practical and result-oriented approach to make sub regional economic co-operation in Central Asia more effective, visible and sustainable with mutual tangible benefits for longer-term strategic objectives, added Mr. Kim.

" The sub region's strategic importance is already well evident as the international community seeks to bring about economic and social transformation in neighbouring Afghanistan," said Mr. Kim.

UNESCAP has been systematically supporting sub-regional economic co-operation in Central Asia since 1992, and has built strong partnerships focused on macroeconomic management, trade and investment, transport, tourism, environment, energy and water resources.

UNESCAP activities are aimed at reducing the sub region's economic isolation, promoting the rational use of natural resources, and enhancing market integration. .

The Central Asian region is considered as a new growth area. Covering about 4 million kilometers (18 per cent of the CIS total territory) and consisting of 56.2 million people, the Central Asian countries---Kazakhstan, Krgyzstan, Tajikistan, Turkmenistan and Uzbekistan-- have a good foundation for sub regional cooperation, states an UNESCAP report.
ends

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