 Potential Exports and Nontariff Barriers to Trade: Sri Lanka National StudyHow can Sri Lanka address nontariff barriers (NTBs) that hinder growth of its trade with Bangladesh, Bhutan, India, Maldives, and Nepal? The study examined the impact of sanitary and phytosanitary (SPS) and technical barriers to trade (TBT)-related nontariff measures enforced by SASEC countries to Sri Lanka’s exports with maximum potential, conducted a national diagnostic audit of the SPS and TBT infrastructure, and identified current SPS and TBT infrastructure capacity constraints. It considered options and opportunities to deal with the identified NTBs, including recommendations to improve Sri Lanka’s SPS–TBT infrastructure, and enhancing efficiency of SPS–TBT-related processes. Findings of the study could help formulate policies, laws, and institutions to address SPS–TBT-related NTBs and promote intraregional trade, as well as provide considerations for bilateral Free Trade Agreement negotiations. Additionally, the study provides traders with a comprehensive coverage of available export opportunities in Sri Lanka, and barriers they could encounter. Author: Asian Development Bank Year: 2019 Download Tags: Sri Lanka, Trade, Sanitary and Phytosanitary Measures, Technical Barriers to Trade, Non-Tariff Measures Asian Development Outlook (ADO) 2019: Strengthening Disaster ResilienceDeveloping Asia is projected to grow at 5.7% in 2019 and 5.6% in 2020. South Asia is projected to bounce back in 2019 and 2020 from the previous year’s slowdown. India’s growth is expected to pick up to 7.2% in 2019 (from 7.0% in the previous year) on recovery in agriculture and strong domestic demand. Bangladesh is projected to grow by 8.0% in 2019. Bhutan is expecting modest growth while the outlook for Maldives is for growth to moderate. Nepal should expect stable growth in 2019 while Sri Lanka is projected to recover moderately. Inflation in South Asia is projected to rise to 4.7% in 2019. Growth should pick up in Myanmar in Southeast Asia. Author: Asian Development Bank Year: 2019 Download Tags: ADB, South Asia, Bangladesh, Bhutan, India, Myanmar, Maldives, Nepal, Sri Lanka Potential Exports and Nontariff Barriers to Trade: Maldives National StudyThis diagnostic study aims to develop a better understanding of how sanitary and phytosanitary (SPS)
measures and technical barriers to trade (TBT) in Maldives negatively affect its trade potential. Selected export products from Maldives that could be traded more within the South Asia Subregional Economic Cooperation (SASEC) subregion are identified. The impact of SPS and TBT measures applied by importing SASEC member countries on these products are studied to gather possible reasons for consistent low levels of intraregional trade within South Asia, compared to trade with other countries. General and priority recommendations are provided to address the issues. Author: Asian Development Bank Year: 2019 Download Tags: SASEC Vision – MyanmarMyanmar serves as a land bridge between South Asia, Southeast Asia, and East Asia. This book identifies regional and subregional opportunities for Myanmar to harness natural and human resources, industrial potential, and infrastructure connectivity as part of the South Asia Subregional Economic Cooperation (SASEC) program. SASEC Vision – Myanmar serves to update the 2017 SASEC Vision document, which articulates shared aspirations of the SASEC countries and sets the path to achieve these through regional collaboration. Author: South Asia Subregional Economic Cooperation Program Year: 2019 Download Tags: SASEC, Trade Facilitation, Transport, Energy |
