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The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, [3] which is headquartered in 6 ADB Avenue, Mandaluyong, Metro Manila 1550, Philippines. [4] The bank also maintains 31 field offices around the world [ 5 ] to promote social and economic development in Asia.
[2] [failed verification] The Philippines has been commended by the ADB for being a fast-growing economy despite increasing inflation and a plummeting global economy. [3] The ADB also deemed the country one of its "special" partners; it is the location of their headquarters. The IMF considered it one of 24 emerging countries. [4]
As of June 2020, SASEC countries have implemented 61 [2] regional projects worth over $13 billion in the energy, transport, trade facilitation, economic corridor development, and information and communications technology (ICT) sectors. The Manila, Philippines-based Asian Development Bank (ADB) serves as the Secretariat for the SASEC member ...
Employees at the Asian Development Bank tell TIME Israel’s deadline to join ... City, Metro Manila, Philippines, in 2016. ... Asia—a region where many countries (and members of the ADB) ...
The Central Asia Regional Economic Cooperation (CAREC) Program is a program established in 1997 by the Asian Development Bank (ADB) to encourage economic cooperation among countries in Central Asia and nearby parts of Transcaucasia and South Asia.
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Organisations grouping almost all the countries in their respective continents. Note that Cuba is a suspended member of the Organization of American States (OAS). Several smaller regional organizations with non-overlapping memberships. Several non-overlapping large alliances. Softer colors indicate observer/associate or candidate countries.
The study by Asian Development Bank states that against the potential average SAARC intra-regional trade of $22 billion per year, the actual trade in South Asia has been only around $8 billion. The uncaptured potential for intra-regional trade is therefore $14 billion per year, i.e., 68%.