SASEC Vision – Myanmar
Myanmar 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
Tags: SASEC, Trade Facilitation, Transport, Energy
Review of Maritime Transport 2018
Around 80% of volume of global trade are carried by sea and are handled by ports. According to this report, global maritime trade experienced its fastest growth in five years. Prospects for maritime trade are bright. However risks exist in the form of trade frictions, the global energy transition, etc. The report states that technological advances including artificial intelligence, blockchain applications, the internet of things, and autonomous ships and drones could potentially boost efficiency in global shipping.
Author: United Nations Conference on Trade and Development
Tags: Cooperation, South Asia, Transport
Asia-Pacific Trade and Investment Report 2018: Recent Trends and Developments
The Asia-Pacific Trade and Investment Report provides information and independent analyses of regional trends and policy developments in trade, goods, and commercial services. In 2018, the Asia-Pacific region increased its share of global merchandise trade. Intraregional and interregional trade also accelerated in Asia-Pacific. As trade among and with North, Central, and South Asia still involve high costs, more cooperation is needed on digitalization of trade processes.
Author: United Nations Economic and Social Commission for Asia and the Pacific
Tags: South Asia, Trade Facilitation Agreement, WTO, SAARC, UNESCAP
Doing Business 2019: Training for Reform
A record 314 reforms were undertaken around the world, serving to improve business climate in the past year. South Asian economies carried out 19 reforms, many of which focused on improving starting a business, access to credit, paying taxes, and resolving insolvency. South Asia scored the highest for trading across borders. India continued its reform agenda and advanced 23 slots to 77th place in the global ranking, making it South Asia’s top-ranked economy. Bhutan introduced an online platform for filling corporate and personal income tax. Sri Lanka climbed to 100th place after instituting reforms on paying taxes and enforcing contracts.
Author: World Bank Group
Tags: Ease of Doing Business, South Asia, Trade Facilitation, WB
What Does It Cost to Trade Cross-Border?
Customs duties, local taxes, and customs clearance increase trade costs and serve as obstacles for many small and medium enterprises. This paper explores challenges these enterprises face in using e-platforms and trading internationally. It looks at de minimis exemptions (the minimum value of goods below which no duties are collected) in India and other economies and analyzes the impact of these exemptions on exports by micro and small enterprises.
Author: Sanjay Kumar Mangla
Tags: India, Trade Facilitation