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Compiled features on recent developments in regional cooperation and integration in the SASEC region.

Year:
March 2023

FDI Powers Economic Growth in Developing Countries

Foreign direct investment is effective in promoting economic development according to International Chamber of Commerce (ICC) Bangladesh President Mahbubur Rahman, speaking at the webinar "Into the Centenary Year: ICC Court visits ICC Bangladesh." Bangladesh is South Asia's second-largest economy and is slated to graduate from the least developed country (LDC) category in November 2026.

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Tags: FDI, Bangladesh, SASEC, Economic Corridor Development

January 2017

Nepal Parliament Ratifies the WTO Trade Facilitation Agreement

Nepal’s Parliament ratified the World Trade Organization (WTO) Trade Facilitation Agreement (TFA) on 13 January 2017, drawing up the instrument of acceptance for the WTO TFA, whose implementation will help expand trade and attract foreign direct investment in Nepal by increasing transparency and effectiveness of the trading process.

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Tags: Nepal, Trade Facilitation, Exports, Customs, FDI, LDC, WTO

August 2015

Bangladesh as New Investment Destination for Indian Investors

Bangladesh is seen as the new investment destination for Indian investors, particularly with the series of bilateral agreements signed between the two countries in June 2015. Trading and exporting appears lucrative for Indian businessmen due to Bangladesh’s weak manufacturing base, tariff-free access to developed markets, geographical proximity, and resilient economy.

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Tags: Bangladesh, India, FDI

January 2015

Bhutan Prime Minister Tshering Tobgay Invites Green, Sustainable Investments in Bhutan

Prime Minister of Bhutan Tshering Tobgay told investors at the 7th Vibrant Gujarat Summit that Bhutan is open to clean, green and sustainable business proposals, including investments in renewable energy and hydropower. He also emphasized that Bhutan gives more value to gross national happiness, and extended an invitation among those interested in doing value-based business to invest in Bhutan.

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Tags: Bhutan, FDI, Hydropower, Energy