A roundtable discussion held in Myanmar noted the need to substantially increase connectivity, trade and diplomatic relations between Myanmar and India. Officials from the two countries participated in the India-Myanmar Dialogue: Act East Policy and India-Myanmar Relations, held on 2 September 2017 in Yangon, Myanmar. The forum was organized by Parami Roundtable and Mizzima Media Group.
Tags: ASEAN, BIMSTEC, Connectivity, India, Myanmar, Trade
Manipur Chief Minister N. Biren Singh said trade in India’s northeastern region has increased to $22.6 million. He was speaking at the 25th anniversary celebration conference of the Association of Southeast Asian Nations (ASEAN)-India Dialogue Partnership, held in Ventiane, Lao PDR. He reiterated India’s commitment to deepen ties with ASEAN countries.
Tags: India, ASEAN
Ms. Nirmala Sitharaman, Minister of State for Commerce and Industry, India, urged India and member countries of the Association of Southeast Asian Nations (ASEAN) to bolster efforts to increase bilateral trade and investment, and improve road and sea transport links. She urged a review of the ASEAN-India Trade in Goods Agreement to facilitate elimination of technical barriers to trade, and promoted transformation of the India-Southeast Asia transport corridors into economic corridors.
Tags: India, ASEAN, Bilateral Agreement, Investments, Roads, Transport
Economic transformations have accelerated regional cooperation and integration in Asia. In this ADB blog post, Mr. Cuong Minh Nguyen, Principal Regional Integration Specialist, Southeast Asia Department, ADB, discusses six paradigm shifts that are reshaping economic prospects in Southeast Asia, South Asia, and other parts of the region. It also highlights the need for governments to work together to build a socially inclusive, environmentally friendly, and economically sustainable region.
Tags: ASEAN, SAARC, Trade Facilitation, Transport, Energy, Regional Cooperation
The BIMSTEC region hosts 21% of the world’s population and holds great potential for trade. Experts at the Conference on Facilitating Connectivity in Bay of Bengal Region held in Dhaka, Bangladesh, stressed the importance of regional connectivity for BIMSTEC to succeed and to facilitate economic growth among BIMSTEC member countries.
Tags: BIMSTEC, ASEAN, SAARC, Regional Cooperation, Cooperation, Bangladesh
Limited cooperation and economic integration in South Asia continue to hinder its growth potential, despite being one of the fastest-growing regions in the world. In this commentary, Dr. Shamsul Alam, Member (Senior Secretary), General Economics Division, Planning Commission, Government of Bangladesh, argues for the need to think of pragmatic approaches and re-imagine regional cooperation in South Asia.
Tags: ASEAN, Bangladesh, Bhutan, Connectivity, India, European Union, Infrastructure
The India-Myanmar-Thailand (IMT) Trilateral Highway is set to be completed by 2019-2020. Indian Prime Minister Narendra Modi has assigned the India Ministry of External Affairs to monitor and oversee its completion.
Tags: IMT-MVA, Transport, India, ASEAN,
The National Trade Portal and National Single Window are important components of the World Trade Organization's Trade Facilitation Agreement (WTO TFA). This commentary by Ms. Ferdous Ara Begum, Chief Executive Officer, Business Initiative Leading Development of Bangladesh, discusses how these could improve trade, gives an update on Bangladesh's initiatives toward ratifying the WTO TFA, and recommends a region-wide Single Window for South Asia.
Tags: WTO, Trade Facilitation Agreement, ASEAN, Bangladesh, Sri Lanka, Trade Facilitation
The Association of Southeast Asian Nations (ASEAN) India Business Council (AIBC) called for opening of trade between India's northeastern states and the ASEAN region, in a meeting with India Commerce and Industry Minister Nirmala Sitharaman. AIBC also sought to finalize the ASEAN-India Transit Transport Agreement before completion of the India-Myanmar-Thailand trilateral highway.
Tags: India, Trade, Transport, ASEAN
Bangladesh is seeking to become a dialogue partner of the Association of Southeast Asian Nations (ASEAN), to deepen Bangladesh-ASEAN economic, political, and cultural connectivity. Formalization of ties will promote trade flow, investment, and cultural exchanges between South and Southeast Asia, emphasized Bangladesh Foreign Minister AH Mahmood Ali.
Tags: Bangladesh, Southeast Asia, ASEAN, Trade
South Asia is set to play a strategic role in Asian integration. This commentary by Mr. Ganeshan Wignaraja, Advisor in the Asian Development Bank’s Economic Research and Regional Cooperation Department, shares how linking emerging South Asia with the more developed member countries of the Association of South East Asian Nations will transform regional economies through development of regional connectivity, and create a huge regional market of 2-3 billion people.
Tags: South Asia, Economic corridor, Development, ASEAN, Southeast Asia, East Asia, Trade Facilitation, Transport, Tourism, manufacturing, Bangladesh, Bhutan, India, Maldives, Nepal