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The Economic Times

Economy / The Economic Times

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ADB calls for accelerating structural reforms in Asia Pacific

The Asian Development Bank urges greater regional cooperation and faster reforms in Asia Pacific. The bank warns of overlapping crises including conflict, trade fragmentation, and climate risks. ADB is increasing financing and launching initiatives like a Pan-Asia Power Grid and a Digital Highway. Uzbekistan's president proposed a Digital Customs Alliance and AI scaling in developing nations.

4 May 2026 4:30 pm