News List

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

September 2019

Commentary: Adopting Economic Corridors as a Development Strategy

Economic corridor development is an effective policy that could promote sustainable growth in Bangladesh. It is a tool that enables the proliferation of industry, creates jobs, upgrades infrastructure, and links production centers with global value chains. It also helps create markets in lagging regions.

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Tags: Bangladesh, Economic Corridor Development, Bhutan, India, Myanmar, Nepal, Regional Integration, Trade, Transport

December 2016

ADB Strategic Climate Fund Boosts the Nepal SASEC Power System Expansion Project Fund

The Asian Development Bank (ADB) has approved an additional $20 million for the SASEC Power System Expansion Project in Nepal, to be provided by the ADB Strategic Climate Fund. This additional financing will support installation of utility-scale solar photovoltaic systems by 2018. The Government of Nepal is also providing complementary funding of $24.5 million.

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Tags: Energy, Nepal, Trade, Hydropower, ADB, SASEC, Climate Change, Renewable Energy, Sustainability, Regional Cooperation, Regional Integration, Solar Energy, India

September 2015

Commentary: Why South Asia Needs Regional Integration

Regional cooperation and integration can help improve cross-border connectivity, increase regional trade and investment, mobilize regional savings for regional investment, reduce macroeconomic vulnerability to shocks, facilitate cooperation in regional public goods, and improve the overall governance standards across the region. A commentary on regional integration in South Asia is shared.

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Tags: Regional Cooperation, Regional Integration, Trade Facilitation, Trade

September 2015

Commentary: Regional Cooperation and Integration through SAEU?

ADB supports efforts of the South Asian Association for Regional Cooperation to boost regional cooperation and integration through the idea of a South Asian Economic Union (SAEU). Read an analysis on the SAEU.

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Tags: SAEU, SAARC, Regional Integration

April 2015

South Asia Economic Union Publication Announced at ADB

A Seminar on South Asia Economic Union was conducted at the Asian Development Bank Headquarters on 9 April 2015. This South Asian Association for Regional Cooperation (SAARC) study was adopted at the 18th SAARC Summit in Kathmandu, Nepal in November 2014 and identified the need for closer regional economic integration among SAARC member countries.

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Tags: SAARC, SAEU, Regional Integration

January 2015

ADB Vice President Speaks at Partnership Summit in India

During Plenary Session 5 of the annual Confederation of Indian Industry Partnership Summit, Asian Development Bank (ADB) Vice President Wencai Zhang spoke on growth and cooperation in South Asia. He emphasized the benefits of regional cooperation and cross-border connectivity such as reduction in trade costs, efficiency, and participation in regional and global value chains.

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Tags: India, Regional Cooperation, Regional Integration

November 2014

Launch of Asian Economic Integration Monitor 2014

The Asian Development Bank launched the latest Asian Economic Integration Monitor (AEIM) on 18 November 2014 in Manila, Philippines. AEIM is a semiannual review of Asia’s regional economic cooperation and integration, including the Pacific and its subregions. This issue includes the Theme Chapter: Regional Financial Integration in Asia and Europe – A Comparative Analysis.

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Tags: Regional Integration, Asia-Pacific, Europe

October 2014

Improving Women’s Participation in Regional Cooperation and Integration

The Validation Forum on Gender Dimensions of Regional Cooperation and Integration in South Asia, held on 28-29 October in ADB Headquarters, took stock of progress made in mainstreaming gender in multi-, regional, bilateral and country policies and legal frameworks.

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Tags: Gender, Regional Cooperation, Regional Integration, Trade

October 2014

SAARC Member Countries Officially Invited to 18th SAARC Summit

Nepal Minister for Foreign Affairs Mahendra Bahadur Pandey paid official state visits to Heads of State and member country governments of the South Asian Association for Regional Cooperation (SAARC) – comprising Afghanistan, Bangladesh, Bhutan, India, the Maldives, Pakistan, and Sri Lanka – to personally submit Nepal Prime Minister Sushil Koirala's invitation letters for the 18th SAARC Summit.

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Tags: SAARC, Regional Cooperation, Regional Integration

May 2014

SASEC Integration Indicators Updated

Data for Integration Indicators in the SASEC subregion have been updated to reflect trade figures from the Maldives and Sri Lanka, SASEC's newest members. Their inclusion boosts SASEC's intra-regional trade indicators and highlights the growing importance of regional trade. Data values for January-August 2013 were added.

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Tags: Trade, Regional Integration, Maldives, Sri Lanka

May 2014

From 4 Strands to 6: New SASEC Logo Launched

The new SASEC logo unveiled in May reflects the inclusion of the Maldives and Sri Lanka into the SASEC program. It also represents the continuous commitment of SASEC to strengthen regional cooperation and integration in South Asia.

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Tags: Regional Cooperation, Regional Integration, Connectivity

June 2012

SAARC Statistical Workshop

SAARC Secretariat to conduct a study for the development of a web-based user-protected interface and the institution of a designated Statistics Cell.

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Tags: Bhutan, Economic cooperation, Regional Cooperation, Regional Integration, SAARC

June 2012

SAARC and ADB Workshop

A SAARC-ADB workshop held at the SAARC Secretariat Kathmandu on 21-22 June finalized the drafts of three studies.

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Tags: ADB, Economic cooperation, Regional Cooperation, Regional Integration, Nepal, SAARC, Services, Trade

May 2012

SAARC Finance Ministers Meet in Manila

SAARC Finance Ministers met at an informal meeting in Manila on 3 May 2012 on the sidelines of the 45th ADB Annual Meeting.

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Tags: Economic cooperation, Regional Cooperation, ADB, Regional Integration, SAARC, South Asia, Trade

April 2012

SASEC Countries Sign Bilateral Interconnection Agreements

During the Bilateral Interconnection Agreement Meeting held on 25-27 April 2012 in Manila major telecommunication providers from SASEC countries signed agreements for the direct peering and exchange of internet traffic through high speed fiber-optic links to be built under the Information Highway.

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Tags: ADB, Bangladesh, Bhutan, ICT, Nepal, Regional Integration

March 2012

Kunming Conference

About 160 officials from 30 countries participated in the ADB conference on RCI held on 26-27 March in the PRC.

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Tags: ADB, Climate Change, Economic corridor, Environment, Regional Cooperation, Regional Integration, South Asia, Sustainability, Transport, Trade Facilitation