SASEC Countries to Gain by Improving Transport Times

19 June 2018

South Asian countries stand to make significant economic gains by improving transport times, according to a study by the Asian Development Bank (ADB). By investing in infrastructure that improves connectivity for international shippers and reduces transport times to key markets, South Asia Subregional Economic Cooperation (SASEC) countries could reap major benefits.

Trade Costs, Time, and Supply Chain Reliability looks at trade costs, time, and supply chain reliability in the region and covers SASEC countries (Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, Sri Lanka). The new study uses shipment-level data on parcel flows to analyze the effect of time on trade costs.

Indirect linkages and the need for transshipment increase time, cost, and uncertainty. The study notes that while some international gateways perform well in South Asia, none are close to the world technological frontier. The study says that improving shipment times and reducing uncertainty have the potential to significantly increase trade.

Sri Lanka leads other countries in Asia in the World Bank’s Logistics Performance Index. Colombo is among the best-connected ports.


Related Links:

Research on the impact of cross-border energy trade in Bhutan noted that the country’s electricity exports in 2020...

Read More


The Governments of Bangladesh and India are preparing to conduct comprehensive trial runs for the transshipment of cargo...

Read More


The potential of the Siliguri corridor and its surroundings to be developed as a logistics hub for India’s...

Read More


Bhutan’s Minister for Economic Affairs Loknath Sharma was in New Delhi, India, on 18–21 July 2022. He met...

Read More


The three industrial corridors of Andhra Pradesh, the Chennai - Bengaluru Industrial Corridor (CBIC), Visakhapatnam - Chennai Industrial...

Read More


The Governments of Bhutan and Nepal are expediting the process to sign the bilateral trade agreement. At the...

Read More


Nepal now sells a total of 364 megawatts (MW) of electricity to India through the...

Read More