This brief discusses the role that India can play in subregional integration by reimagining India’s economic relations with its Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) partners. Recent economic developments in the Asia-Pacific region provide context in the analysis presented in this report. By developing local value chains, India can pull the region closer amid competing economic needs.

Author: Suparna Karmakar

Year: 2020

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Tags: India, BIMSTEC, Regional Integration

This publication presents highlights from the Asian Development Bank (ADB) workshop on regional cooperation and integration on 16 and 17 April 2020. Discussions focused on approaches to measuring RCI and its implications for policy assessment. Mr. Ronald Antonio Butiong, Director, Regional Cooperation and Operations Coordination Division, South Asia Department, ADB, discussed regional integration indicators in South Asia Subregional Economic Cooperation (SASEC) member countries and outlined priorities for enhancing economic growth, improving social inclusion, and tackling poverty.

Author: Asian Development Bank

Year: 2020

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Tags: Regional Cooperation, South Asia, SASEC, ADB

The Key Indicators for Asia and the Pacific 2020 provides up-to-date indicators for the 49 regional members of the Asian Development Bank, including numbers on energy, trade, transport, and tourism. This year the report discusses the challenges to inclusive and sustainable development that are likely to be amplified by the effects of the coronavirus disease (COVID-19) pandemic.

Author: Asian Development Bank

Year: 2020

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Tags: ADB, India, South Asia, Sustainable Development Goals, Trade

The Fifty-Third Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) was held virtually in two stages in May and September 2020. Ms. Nirmala Sitharaman, Minister of Finance, India, called for the establishing of a regular South Asia Subregional Economic Cooperation (SASEC) meeting of finance ministers by 2021 to further strengthen regional cooperation. Mr. Ibrahim Ameer, Finance Minister, Maldives, noted how ADB has assisted Maldives through the SASEC National Single Window Project.

Author: Asian Development Bank

Year: 2020

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Tags: SASEC, ADB

Multimodal logistics parks (MMLPs) help bring down the cost of logistics and improve logistics performance by providing services in freight aggregation and distribution, multimodal freight transport, integrated storage and warehousing, technology support, and value-added services. This brief from the Asian Development Bank examines the potential of MMLPs to support supply chains in India and discusses the feasibility of MMLPs in Bengaluru and Guwahati.

Author: Sabyasachi Mitra, Hoe Yun Jeong, Kavita Iyengar, Bhuwan Bhaskar Agrawal, Shreyans Jain, and Atu Sanganeria

Year: 2020

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Tags: ADB, Bangladesh, India, Logistics