Trade Facilitation in CAREC: A 10-year CPMM Perspective
The CAREC initiative Corridor Performance Measurement and Monitoring (CPMM) has observed the development and provided empirical evidence of the region’s transport and trade facilitation for the past decade. It is an empirical tool designed to assess the efficiency of the CAREC six priority transport corridors which link the region’s key economic hubs to each other and connect landlocked CAREC countries to Eurasian and global markets. Over the years, CPMM time and cost data proved beneficial in assessing and measuring the efficiency of the CAREC corridors through its reports and various studies citing CPMM data and findings.