News List

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

September 2014

BIMSTEC Secretariat Inaugurated in Dhaka

The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Secretariat headquarters was formally opened on 13 September 2014 in Dhaka, Bangladesh with Bangladesh Prime Minister Sheikh Hasina leading the inaugural ceremonies.

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Tags: BIMSTEC, Bangladesh, Transport, Technical Assistance

April 2014

SASEC Total Project Investments Break $5 Billion

Since approval of the first project in 2001, $5.36 billion has been invested under SASEC in transport, energy, and trade facilitation projects. Overall, 30 SASEC projects are helping the member countries strengthen regional connectivity infrastructure, promote economic growth, and foster regional cooperation. A further $55 million has supported 54 technical assistance projects.

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Tags: Loan, Grants, Technical Assistance, Infrastructure

February 2014

Launch of $1.5 million Japan fund for Poverty Reduction Technical Assistance in Bhutan for Trade Facilitation

Mr. Nim Dorji, Joint Secretary, Ministry of Finance represented the Royal Government of Bhutan at the official launch of activities under a $1.5 million technical assistance project financed by the Japan Fund for Poverty Reduction (JFPR). The capacity development technical assistance will support trade facilitation initiatives carried out under the South Asia Subregional Economic Cooperation (SASEC) Trade Facilitation Program.

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Tags: Bhutan, Trade Facilitation, Technical Assistance