News List

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

December 2017

Asian Development Outlook Cites South Asia as Fastest Growing Subregion

Trade is lifting developing Asia’s growth, according to the Asian Development Bank Outlook (ADO) Supplement: A Firmer Growth Outlook for Asia. Despite downward revisions from previous projections, South Asia is still forecast to remain the fastest growing subregion in Asia and the Pacific.

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Tags: ADB, Development, South Asia

July 2017

ADB Forecasts Improved Growth for South Asia

Economic growth prospects in developing Asia for 2017 have improved on the back of stronger-than-expected export demand in the first quarter of this year, according to Asian Development Bank (ADB) report, Asian Development Outlook (ADO) 2017 Supplement. South Asia will remain the fastest growing of all subregions in Asia and the Pacific, with growth on track to meet projections of 7.0% in 2017.

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Tags: South Asia, ADB, India, Exports, Development

February 2017

Speech: Making Trade More Inclusive

Amidst the rising debate against trade and globalization, World Trade Organization Director-General Roberto Azevêdo argues against increasing protectionism and emphasizes how trade has proven its worth in development benefits. He remarks how trade can become more inclusive, with gains shared across society.

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Tags: Trade, Development, Employment, Globalization, Trade Facilitation, Protectionism

February 2017

ADB to Back Bangladesh Road Connectivity and Energy Trade

The Asian Development Bank (ADB) is ready to assist Bangladesh in its efforts to improve transport and energy connectivity. Mr. Wencai Zhang, Vice President, ADB, affirmed that ADB will continue to support Bangladesh in its goal of becoming a developed country by 2041, as well as in achieving the Sustainable Development Goals and minimizing climate change impact.

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Tags: ADB, Bangladesh, Bhutan, BBIN, Cooperation, Development, Motor Vehicles Agreement, Energy, Investment, Nepal

February 2017

Speech: Advancing Global Trade and the Role of the WTO

The outlook for trade growth has weakened and we are seeing an uncertain period in the global economy. In this speech delivered before the Confederation of Indian Industry, World Trade Organization Director-General Roberto Azevêdo asserts that instead of raising barriers, the opening up of trade will ensure more opportunities for more people.

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Tags: Connectivity, Development, India, ICT, Employment, Services, Trade Facilitation Agreement, WTO

February 2017

Commentary: India Infrastructure: Connecting Bihar

The Ganges flows through the middle of Bihar, India, physically dividing it into north and south. Enhanced connectivity can improve lives and livelihoods, especially if the infrastructure is climate-sensitive. Ms. Saleha Waseem, Operations Communications Specialist at the Asian Development Bank’s South Asia Regional Department, shows how improving transport links would make a huge difference to millions of people.

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Tags: ADB, Agriculture, Bangladesh, Connectivity, Development, Economic corridor, Regional Cooperation, India, Nepal, Road, Services, Transport

January 2017

APTA Member Countries Move to Boost Trade in the Region

Bangladesh, China, India, Laos, South Korea, and Sri Lanka, member countries of the Asia-Pacific Trade Agreement (APTA), moved to expand trade and boost growth in the region by agreeing to increase the number of products under preferential tariff treatment to 10,677 items from 4,270 at the 4th session of the APTA Ministerial Council.

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Tags: Asia-Pacific, Bangladesh, Development, Regional Cooperation, Services, Sri Lanka, Sustainability, Tariffs, Trade, Trade Facilitation, UNESCAP, India

December 2016

Commentary: Nepal Hydropower to Bring Economic, Social, and Environmental Benefits

Nepal’s hydropower potential could be realized with an efficient technological base, entrepreneurial vision, a coordinated power trading approach, and sustained investment commitment. Hydropower development would bring economic, social, and environmental benefits in Nepal and the rest of the South Asian region. In this speech delivered at the Power Summit, Nepal Prime Minister Pushpa Kamal Dahal vowed to support domestic and foreign investors through a policy encouraging investment.

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Tags: Development, Energy, Hydropower, India, Investment, Nepal, Private Sector, Regional Cooperation, Trade

December 2015

Commentary: South Asia Could Be Linchpin for Regional Integration

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.

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Tags: South Asia, Economic corridor, Development, ASEAN, Southeast Asia, East Asia, Trade Facilitation, Transport, Tourism, manufacturing, Bangladesh, Bhutan, India, Maldives, Nepal

October 2012

Asia-Pacific Trade Facilitation Forum 2012

ADB in cooperation with UNESCAP organized the Asia-Pacific Trade Facilitation Forum (APTFF) held on 30-31 October 2012.

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Tags: ADB, Asia-Pacific, Development, Regional Cooperation, SASEC, South Asia, Sri Lanka, Trade Facilitation, UNESCAP