CAREC countries are rich in natural resources, but uneven distribution of such resources — compounded by inadequate infrastructure — means some countries continue to face shortages. Regional energy cooperation is an opportunity for<\/p>\n
Energy cooperation is stimulated by the availability of attractive energy markets in eastern and southern People’s Republic of China, Pakistan, India, and Iran, along with new strategic transit opportunities for oil and gas through Turkey, Georgia, and the Russian Federation.<\/p>\n
CAREC Energy\u00a0Strategy 2030<\/a> seeks to enable<\/p>\n View CAREC Energy Sector Progress Report (August 2023 – May 2024) – ENG<\/a> | RUS<\/a> | CHN<\/a><\/p>\n <\/p>\n As of December 202<\/span>5<\/span>, CAREC has invested<\/span><\/span>\u202f<\/span><\/span>$12.4 billion<\/span><\/a><\/strong>\u00a0in 68 projects<\/a><\/strong>\u00a0<\/span><\/span>that are mostly aimed at expanding bilateral electricity trade and improving the regional power network that aim to support growth in ongoing trade.<\/span><\/span>\u00a0<\/span><\/p>\n\n