Central Asia's "land-linked" position gives it great opportunity for economic integration- as Austria, Switzerland and other European countries achieved - but even though the intraregional trade between Central Asian countries grew five-fold during 2000-2008, the share in total trade dropped dramatically, demonstrating the need of interconnectedness of Central Asia and their neighbors. ... Unlike the previous organizations, the Central Asia Regional Economic Cooperation program (CAREC)- consisting of ten countries including China- has the principal goal of development through cooperation,...

• Word Count: 546
• Approx Pages: 2
• Grade Level: Graduate