Learning from CAREC Corridors and Connectivity: Prospects for BBIN Sub-region
This publication looks at Central Asia Regional Economic Cooperation (CAREC) corridors, drawing lessons for the Bangladesh, Bhutan, India, Nepal (BBIN) subregion. It also looks at the potential for multimodal connectivity between CAREC and BBIN countries. BBIN countries formed the South Asian Growth Quadrangle in 1996 and, with help from the Asian Development Bank, formed the South Asia Subregional Economic Cooperation (SASEC) program in 2001 to promote regional cooperation in transport and trade. The SASEC partnership later grew to include Maldives, Sri Lanka, and Myanmar.
Author: CUTS International
Tags: BBIN, Connectivity, Economic Corridor Development, SASEC, Regional Connectivity, Trade Facilitation, Transport
Regional Cooperation for Trade and Transport Connectivity in the Age of Pandemics in Asia and the Pacific
Governments, border agencies, logistics companies, and traders have been studying how trade and transport facilitation measures may be used to maintain the flow of goods across borders. In South Asia, the South Asia Subregional Economic Cooperation (SASEC) Trade Facilitation Working Group and the SASEC Customs Subgroup, through SASEC’s Trade Facilitation Strategic Framework, have helped develop separate lanes for handling and releasing medicines and other critical goods. A SASEC technical assistance project is also being implemented to modernize cross-border e-commerce for micro, small and medium enterprises.
Author: United Nations Economic and Social Commission for Asia and the Pacific
Tags: Trade, Transport, SASEC, Trade Facilitation
Asian Economic Integration Report 2021: Making Digital Platforms Work for Asia and the Pacific
This report reviews economic cooperation and integration in Asia and the Pacific. As of the end of 2019, ADB had committed a total of $13.77 billion to 60 projects under the South Asia Subregional Economic Cooperation (SASEC) partnership, including projects for improving transport connectivity, trade facilitation, and power transmission. In 2019, SASEC members revamped the SASEC Operational Plan 2016–2025 to prioritize narrowing gaps in the subregion’s transport and energy networks. The SASEC program focused on expanding multimodal connectivity to include maritime and inland water transport. Subregional health cooperation was strengthened in 2020 to improve access to health services in Asia and the Pacific.
Author: Asian Development Bank
Tags: ADB, Regional Cooperation, SASEC, Transport, Trade Facilitation, Energy
The Recover Better with Sustainable Energy Guide for South Asian Countries
This guide under the Recover Better series from Sustainable Energy for All (SEforALL) highlights ways in which countries could attain long-term sustainable development. This report recommends South Asian countries to develop regional value chains through the South Asian Association for Regional Cooperation (SAARC) regional energy cooperation framework. The framework would help reduce costs and increase energy system resilience. By deepening cooperation, South Asian countries involved in the electricity trade would also reap many technical, economic, and environmental benefits.
Author: Sustainable Energy for All
Tags: Renewable Energy, South Asia
Reimagining Border Haats as Border Co-prosperity Zones
Border Haats have been successful in increasing local livelihoods, improving cross-border microtrade, facilitating people-to-people contact, reducing informal trade, and enhancing border security. This paper argues that establishing border coprosperity zones, coupled with investments in infrastructure and technologies, could help promote connectivity and realize mutual growth and prosperity for Bangladesh and India.
Author: Sabyasachi Dutta
Tags: Bangladesh, India, Border Haats, Bilateral Trade, Customs