Regional: South Asia Subregional Economic Cooperation Trade Facilitation Program

The program's intended impact is to increase trade, including intraregional trade, of SASEC countries by reducing or removing non-tariff barriers, specifically institutional, administrative, and technical barriers to trade in Bangladesh, Bhutan, and Nepal. The intended outcome is to support a more efficient, transparent, secure, and service-oriented processing of trade in the subregion.


PROJECT DETAILS

Commitment Date

Funding Type

Country

Sector

Status

Total Cost

20 Jan 2013

Loan/Grant

Regional

Trade Facilitation

Closed

$47.64 million

KEY OUTPUTS

Modern and effective customs administration and/or management

Streamlined and transparent trade processes and procedures

Improved services and information for private sector traders and investors

FINANCING

$3.3 million (Asian Development Fund)

$15 million (Asian Development Fund)

$21 million (Asian Development Fund)

$8.34 million (Asian Development Fund)