Energy Trade in South Asia
Countries are shifting to using green energy sources to meet their energy needs and cut emissions. While South Asia may have ample renewable energy and hydropower resources, demand exceeds local supply, and the countries have had to rely heavily on imports. To help improve energy security in the region, South Asian countries have signed bilateral and multilateral agreements to trade energy, including India-Nepal hydropower projects and the India-Bhutan hydroelectric joint venture.
Author: CUTS International
Tags: Energy, Trade, South Asia, Hydropower, Bhutan, India, Nepal
World Investment Report 2023
This report monitors global and regional foreign direct investment trends and national and international investment policy developments. Across South Asia in 2022, FDI inflows rose by 4.4% to $58 billion while FDI outflows rose by 1.1% to $16 billion. South Asia posted the largest increase in greenfield projects, with announced greenfield projects in India more than doubling in 2022.
Author: United Nations Conference on Trade and Development
Tags: UNCTAD, Trade, South Asia
Strengthening Regional Cooperation for Seamless and Sustainable Connectivity
Least developed countries, landlocked developing countries, and small island developing states in Asia and the Pacific have been working to promote seamless transport to facilitate trade. Bangladesh, for example, has completed construction of the new Akhaura (Bangladesh) to Agartala (India) railway link, and has begun operations of Oxygen Express train carrying liquid medical oxygen as well as regular freight services between Haldibari in India and Chilahati in Bangladesh. Across South Asia, countries have also been rolling out an Electronic Cargo Tracking System under the United Nations Economic and Social Commission for Asia and the Pacific to make cargo movement more seamless.
Author: United Nations Economic and Social Commission for Asia and the Pacific
Tags: Trade, South Asia, UNESCAP, Regional Cooperation, Sustainable Development Goals, Railway, Bangladesh, India
Connecting to Compete 2023: Trade Logistics in the Global Economy
Connecting to Compete presents the findings from the latest data from the 2023 Logistics Performance Index (LPI) and its six component indicators: Customs, infrastructure, international shipments, logistics competence, tracking and tracing, and timeliness. The seventh edition, which now covers 139 countries, is released following unprecedented disruptions in supply chains amid the global coronavirus (COVID-19) pandemic.
Author: World Bank
Tags: WB, Trade, Logistics, South Asia