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Ahmad Iqbal Proposes Transforming CAREC into a Regional Knowledge Hub

October 1, 2026 • 60 minutes ago •

ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives Ahmad Iqbal has proposed the transformation of the Central Asia Regional Economic Cooperation (CAREC) Institute into a reliable regional knowledge hub. This initiative aims to connect the experiences, research, and information of member countries to collaboratively address economic and developmental challenges.

During a recent meeting, Iqbal emphasized the importance of enhancing cooperation among CAREC member states. He stated that by pooling resources and knowledge, countries can devise practical solutions to shared challenges, thereby fostering economic growth and stability in the region.

This proposal holds significant implications for the economies of member states, as it could lead to improved collaboration on trade, infrastructure, and investment projects. Strengthening regional ties is crucial for addressing common issues such as poverty alleviation and sustainable development.

Looking ahead, the minister called for upcoming discussions among member countries to finalize the framework for this initiative. Stakeholders are expected to convene in the coming months to outline the operational strategies for the CAREC Institute’s transformation.