ADB, UK establish fund to improve trade

in busy •  7 years ago 

The Asian Development Bank (ADB) and the Government of the United Kingdom today launched the Asia Regional Trade and Connectivity Fund (ARTCF) from which Bangladesh will be benefited.

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ADB focuses on reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration.

Established in 1966, it is owned by 67 members to 48 from the region.

In 2017, ADB operations totaled $32.2billion, including $11.9 billion in co-financing.

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