Investment Climate Improvement in East Coast Economic Corridor of India: Regulatory, Institutional, and Policy Reforms Support to Tamil Nadu
This paper summarizes a study that the Asian Development Bank (ADB) undertook upon the request of the Government of Tamil Nadu, India. The state sought to become a preferred investment destination with an investor-friendly business climate. The study identified policy, institutional, and process reforms to improve the ease of doing business in Tamil Nadu, including institutional and regulatory reforms needed for the East Coast Economic Corridor (ECEC) development. The study resulted in the implementation of an online single window mechanism that simplified and sped up processes for transparent and time-bound clearances for investors.
Author: Asian Development Bank
Tags: ADB, Ease of Doing Business, Economic Corridor Development, India, Single Window, ADB RCI
BIMSTEC: Rediscovering Old Routes to Connectivity
This brief considers how Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) stands to gain by leveraging existing transport connectivity projects in the region. It looks at how initiatives, including those under the South Asia Subregional Economic Cooperation (SASEC) Program and other groups, build connectivity through standards harmonization, multimodal integration, and development of national single windows.
Author: K. Yhome
Tags: BIMSTEC, Connectivity, Energy, Regional Cooperation, Single Window, Standards Harmonization, Transport
Information and Communication Technologies for Trade and Transport Facilitation
Information and Communication Technologies (ICT) provides efficiencies that can deliver many advantages for trade and transport facilitation (TTF) including Single Windows, automated business processes, digitalization of procedures, simpler interaction and transmission of data, and faster decision-making abilities. This paper looks at the business needs of TTF and explains the requirements of an architectural model to support TTF, with policy makers in mind. It highlights the need to integrate and modernize ICT systems and architecture so that ICT can respond to the needs of trade and transport facilitation.
Author: UNESCAP and UNNExT
Tags: ICT, Trade Facilitation, Transport Facilitation, Single Window, UNESCAP
Trade Facilitation and Paperless Trade Implementation
This paper reports survey findings on progress in implementing various trade facilitation and paperless trade measures made by 29 countries in Asia and the Pacific, including six SASEC member countries. Factors considered include pre-arrival clearance, post-clearance audit, National Single Window, and authorized operator programmes. The survey reveals that while countries have prioritized automation and paperless trade at the regional level, there is an urgent need for regional arrangements that will facilitate cross-border exchange of trade-related electronic documents and information to enable smoother trade facilitation.
Author: Tengfei Wang and Yann Duval
Tags: Trade Facilitation, Regional Cooperation, Trade, Asia-Pacific, SASEC, Single Window, UNESCAP, Customs, Bangladesh, Bhutan, India, Maldives, Nepal, Sri Lanka