DESCRIPTION:

Building on the Regional Economic Cooperation Conference on Afghanistan (RECCA) series initiated in 2005 – and held in Kabul, New Delhi, Islamabad, Istanbul, and Dushanbe – RECCA-VI is to be convened on 3-4 September 2015 in Kabul.  RECC VI aims to (i) provide a comprehensive review of progress since RECCA-I, including in the areas of trade & transport, energy, minerals extraction, private investment, vocational skills training, and disaster preparedness (ii) build an international consensus around action plans for a select group of regional investment projects and policy priorities, focused on overcoming implementation obstacles and attracting new investment partners (iii) reaffirm through the RECCA VI Declaration international support for a sovereign Afghanistan integrated in the regional and global economy and (iv) ensure that the Istanbul Process Confidence-Building Measures are achievable and supported by the Tokyo and London Conferences on Afghanistan commitments, as well as coordinated with strategies agreed through SAARC, CAREC, ECO, SCO, UNSPECA, TRACECA and other regional forums.

 

ACTIVITIES UNDERTAKEN:

Geopolicity supported the Ministry of Foreign Affairs in revising and strengthening the overall strategic investment approach proposed by RECCA by focusing on the identification of practical and bankable projects that can actually be realised in a timely manner. Activities included:

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• Providing a comprehensive review of progress since RECCA-I, including in the areas of trade and transport, energy, minerals extraction, private investment, vocational skills training, and disaster preparedness;

• Preparing the RECCA VI main document by building regional consensus around a select group of regional investment projects (and policy priorities), including project proposals, focused on overcoming implementation obstacles and attracting new investment partners.

• Preparing the RECCA-VI Declaration to reflect lessons learned and include new regional investment projects, laying the foundation for RECCA to be better integrated into the Heart of Asia Process; and,

• Identifying new financial and investment mechanism for RECCA projects including exploring opportunities to engage Sovereign Wealth funds, including establishing a forward process to showcase and finance projects identified.

 

OUTCOME:

Main stocktaking report, investment framework and implementation plan presented and adopted by 20 nations at the RECCA VI Conference in Kabul, Afghanistan.

 

PROJECT DETAILS: