 August 2024Southeast and South Asia are two of the most dynamic and fastest growing regions in the world. Increasing integration between the two regions requires increased cooperation between regional institutions. BIMSTEC can enhance its implementation record and delivery by increasing cooperation with SASEC in areas where SASEC excels, such as in connectivity, economic corridor development, trade facilitation, tourism, and green energy. Read More Tags: South Asia, Southeast Asia, SAARC, SASEC, BIMSTEC, Regional Cooperation |
 February 2024India Prime Minister Narendra Modi laid the foundation stone for multiple road projects in Guwahati, Assam. The projects include the upgrading of 43 roads under the SASEC Corridor Connectivity Project. Among the projects are the upgrading of the Dolabari to Jamuguri road and the Biswanath Chariali to Gohpur road, both of which will be upgraded to 4 lanes to help push economic development in the region. Read More Tags: India, Road, Economic corridor, SASEC, Southeast Asia |
 January 2019India is working to develop its inland waterways to increase economic connectivity with Southeast Asia. The project will connect India’s northeastern states with Bangladesh and Nepal and boost trade in the region as part of India’s Act East Policy. Read More Tags: Inland waterways, India, Southeast Asia, Transport |
 September 2018The Government of Thailand aims to increase bilateral trade with India by developing Ranong port. According to Mr. Tharadol Thongruang, Minister Counsellor (Commercial), Office of Commercial Affairs, Royal Thai Embassy in New Delhi, India, using Ranong port for trade with India’s Kolkata and Chennai ports will reduce distance between the two countries and boost trade. Read More Tags: India, Thailand, Southeast Asia, South Asia, Ports, Shipping, Trade, Connectivity |
 May 2017The Government of India plans to begin construction of the highway connecting Meghalaya to Myanmar in June 2017, according to the Ministry of Road Transport, Highways, and Shipping, India. India also plans to boost waterway transit for more cost-effective transport of goods, and is considering waterway connectivity between Myanmar and Bangladesh. Read More Tags: Transport, India, Myanmar, Bangladesh, Southeast Asia |
 August 2016Bangladesh 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. Read More Tags: Bangladesh, Southeast Asia, ASEAN, Trade |
 December 2015South 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. Read More Tags: South Asia, Economic corridor, Development, ASEAN, Southeast Asia, East Asia, Trade Facilitation, Transport, Tourism, manufacturing, Bangladesh, Bhutan, India, Maldives, Nepal |
 November 2015The Federation of Indian Chambers of Commerce and Industry organized the Second North East Regional Connectivity Summit to review progress made since its first Summit held in 2014, and discuss a way forward for the region's development, to maximize its proximity to South and Southeast Asia. The Summit also launched the knowledge paper 'Emerging North-East India: Economically and Socially Inclusive Development Strategies.' Read More Tags: India, Transport, Southeast Asia |
 October 2015Regional integration between South and Southeast Asia remains relatively limited, hindered by various problems, including bottlenecks in transport infrastructure. Enhancements in road, railways, and port infrastructure, as well as new road and rail links between Bangladesh, India, Myanmar, and Thailand will lower unit transport costs, reduce shipping times, and increase the quantity of goods, all of which will lead to increased trade. Read More Tags: Transport, Trade Facilitation, Southeast Asia, South Asia, Rail, Ports |
 May 2015The time is ripe to enhance economic integration between South Asia and Southeast Asia according to a joint study by the Asian Development Bank and the Asian Development Bank Institute. While cross-subregional trade has increased from $4 billion to $90 billion over a 23-year period, bottlenecks in infrastructure, financial markets, trade facilitation, trade barriers and regional cooperation continue to limit further improvement of economic ties. Read More Tags: South Asia, Southeast Asia, Transport, Trade Facilitation |
