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
Bridging the East: Trade and Transport Connectivity in the Bay of Bengal Region
Bangladesh, Bhutan, India, and Nepal Motor Vehicles Agreement aims to reap the trade and economic potentials of the countries of South Asia. This study identifies hurdles to the successful implementation of the agreement through evidence-based advocacy and dialogue. The study highlights issues related to infrastructure, political economy, gender, and livelihood.
Author: CUTS International
Tags: Trade, Transport, BBIN, BBIN Motor Vehicles Agreement, Bangladesh, India, Bhutan, Myanmar, Nepal
Connecting Corridors beyond Borders: Enabling Seamless Connectivity in the BBIN Subregion
Trade connectivity is expected to bring economic growth and prosperity and reduce poverty in Bangladesh, Bhutan, India, and Nepal (BBIN). It will strengthen the economies of landlocked Bhutan and Nepal and give BBIN countries greater access to global markets for exports and imports. The Motor Vehicles Agreement will promote containerization of multimodal cargo movement, which will help reduce trade costs. This study identifies eight trade corridors in the BBIN countries and provides details on existing infrastructure, time-cost-distance analysis, and projected sociopolitical impact.
Author: CUTS International
Tags: BBIN, BBIN Motor Vehicles Agreement, Transport, Bangladesh, Bhutan, India, Nepal
BBIN: Opportunities and Challenges
The Bangladesh, Bhutan, India, and Nepal (BBIN) initiative focuses on establishing connectivity, which have helped foster regional trade and improve sustainable resource management. This publication contains discussions held at the Young Thinkers' Conference, entitled "BBIN: Opportunities and Challenges," held in 2017 in Kolkata, India. The section "Strengthening Connectivity in the BBIN" looks at how connectivity in the subregion could be increased through several measures that address a number of logistical handicaps. "BBIN: The Way Ahead" examines the need for cooperation among the countries to achieve collective growth.
Author: Anasua Basu Ray Chaudhury et al
Tags: Bangladesh, BBIN, Bhutan, India, Nepal
For a Shared Future of South Asia: Trade Insight, Vol. 12, No. 3
This volume focuses on the South Asian Association for Regional Cooperation (SAARC) as a means for fostering regional cooperation to increase stability and development in the region. It urges SAARC member countries to cooperate, highlighting how economic integration and involving non-state actors can strengthen overall cooperation in South Asia, and help secure regional peace and security. It includes a discussion on the Bangladesh-Bhutan-India-Nepal as an economic corridor, South Asian drivers of regional integration, and the Belt and Road initiative.
Author: South Asia Watch on Trade, Economics, and Environment
Tags: SAARC, Regional Cooperation, BBIN
SARSO News Volume 2, Issue 2
The South Asian Regional Standards Organization (SARSO) newsletter features updates on SARSO events and activities. This issue highlights initiatives by SARSO to harmonize standards and improve conformity assessment in the region through workshops, and also meetings of its sectoral technical committees. It also discusses the Cooperation Agreement signed by SARSO and the International Organization for Standardization, to help facilitate the flow of goods and services, and participation of SARSO in a meeting organized by the private sector on 'Promoting Trade in Bangladesh-Bhutan-India-Nepal' region.
Author: South Asian Regional Standards Organization
Tags: Standards, Trade Facilitation, SAARC, BBIN, South Asia
ADB Annual Report 2015
The Asian Development Bank's (ADB) 2015 Annual Report provides a complete picture of ADB’s performance in the reporting year. In 2015, South Asia became the fastest-growing regional economy in Asia and the Pacific, and ADB's assistance to the region approached $3.80 billion in combined loans and grants for 22 projects and $37.26 million in grants for technical assistance. Through the South Asia Subregional Economic Cooperation (SASEC) Program, ADB also continued to drive tighter integration in the region, enhancing cooperation and boosting connectivity with initiatives including helping finalize the Bangladesh-Bhutan-India-Nepal and India-Myanmar-Thailand Motor Vehicle Agreements, Bangladesh-India power grid upgradation, preparation of high-priority transport projects in Bangladesh, and analytical studies for India's East Coast Economic Corridor.
Author: Asian Development Bank
Tags: ADB, SASEC, BBIN, Energy, Transport
Emerging North-East India: Economically and Socially Inclusive Development Strategies
This report highlights opportunities that can be explored in India's North East region, including tourism, energy, and infrastructure, to enable the North East to develop economically, while contributing to India's development as a whole. It takes stock of recent initiatives, including the 'Look East' Policy and the Bangladesh-Bhutan-India-Nepal (BBIN) subregional grouping, and identifies areas for improvement to propel inclusive growth. Harnessing the region's full potential would require upgrading the region's infrastructure. Significant investments are needed, since lack of connectivity and inadequate infrastructure present developmental bottlenecks, contributing to the slow pace of growth in the North East. The report presents policy recommendations and suggested actions, and a forecast for India for 2021-2022.
Author: KPMG India and FICCI
Tags: India, BBIN, Connectivity, Transport, Trade Facilitation
Bangladesh-Bhutan-India-Nepal Motor Vehicles Agreement: Unlocking the Potential for Vibrant Regional Road Freight Connectivity
The Bangladesh-Bhutan-India-Nepal Motor Vehicles Agreement (BBIN MVA) is expected to reduce trade transaction costs and be an effective tool to realize trade and investment potential in the subregion by generating new economic opportunities, particularly in the border areas. While it has put in place a good framework for facilitating transit and transport within BBIN, gaps remain in terms of interpretation and application of various procedures, and need for further policy harmonization among the contracting parties. This discussion paper analyzes operation issues and proposes solutions for cross-border movement of vehicles and Customs procedures.
Author: Pritam Banerjee
Tags: BBIN, Trade Facilitation, Transport
Driving Across the South Asian Borders: the Motor Vehicle Agreement between Bhutan, Bangladesh, India, and Nepal
This paper discusses the benefits of strengthening physical connectivity in the Bangladesh-Bhutan-India-Nepal (BBIN) subregion through a Motor Vehicle Agreement (MVA). Through a framework that envisions transforming transport corridors into economic corridors and with its pipeline of 30 priority transport connectivity projects estimated at $8 billion, the MVA aims to increase intraregional trade in South Asia by almost 60%. This publication provides a concise background on the BBIN MVA, examining the circumstances leading to its signing, the role of the Asian Development Bank (ADB) and the ADB-supported SASEC Program initiative to enhance interconnectivity, challenges that require careful consideration, and its wider implications for the South Asian region.
Author: Anasua Basu Ray Chaudhury, Pratnashree Basu, and Mihir Bhonsale
Tags: Transport, Trade Facilitation, BBIN