Download Free Preparing The South Asia Subregional Economic Cooperation Transport Logistics And Trade Facilitation Project Book in PDF and EPUB Free Download. You can read online Preparing The South Asia Subregional Economic Cooperation Transport Logistics And Trade Facilitation Project and write the review.

The South Asia Subregional Economic Cooperation (SASEC) Program brings together Bangladesh, Bhutan, India, the Maldives, Nepal, and Sri Lanka in a project-based partnership to promote regional prosperity by improving cross-border connectivity, facilitating faster and less costly trade among member countries, and strengthening regional economic cooperation. Since 2001, the Asian Development Bank has inversted more than $5.6 billion through loan and grants to member countries that improve physical infrastructure, support reform processes and build capacity in the three key areas of SASEC---transport, trade facilitation, and energy. SASEC also creates knowledge platforms that promote a regular exchange of information and experience-sharing in the subregion and ensure that international best practices underpin and strengthen the planning of effective regional initiatives. The Asian Development Bank serves as the SASEC Secretariat.
This report reflects the changes in the South Asia Subregional Economic Cooperation (SASEC) Program's operational plan for the period 2016–2025. It outlines the updates on the supporting list of priority projects resulting from a rigorous vetting process. This involves defining SASEC transport and energy networks and identifying priority projects based on preparedness and their roles in filling network gaps. The result is a more reasonable estimate of funding needs to help meet the SASEC Program's goals of multimodal connectivity, energy market development, and increased intraregional and interregional trade.
This report reflects the changes in the South Asia Subregional Economic Cooperation (SASEC) Program's operational plan for the period 2016-2025, in particular on priority projects resulting from a rigorous vetting process. This involves defining SASEC transport and energy networks and identifying priority projects based on preparedness and their roles in filling network gaps. The result is a more reasonable estimate of funding needs to help meet the SASEC Program's goals of multimodal connectivity, energy market development, and increased intraregional and interregional trade.
"Written for public and private sector professionals in South Asia, the book presents policy options that would enable the subregion to compete in a rapidly changing global environment. While the book is designed to stimulate informed dialogue among key stakeholders, the unique approach and lessons learned have broad applications of interest to a wider audience."--BOOK JACKET.
The trade performance of countries in South Asia over the past two decades has been poor relative to other regions. Exports from South Asia have doubled over the past 20 years to approximately USD 100 billion. In contrast, East Asia's exports grew ten times over the same period. The low level of intraregional trade has contributed to weak export performance in South Asia. The empirical analysis in this paper demonstrates gains to trade in the region from reform and capacity building in trade facilitation at the regional level. When considering intraregional trade, if countries in South Asia raise capacity halfway to East Asia's average, trade is estimated to rise by USD 2.6 billion. This is approximately 60 percent of the total intraregional trade in South Asia. Countries in the region also have a stake in the success of efforts to promote capacity building outside its borders. If South Asia and the rest of the world were to raise their levels of trade facilitation halfway to the East Asian average, the gains to the region would be estimated at USD 36 billion. Out of those gains, about 87 percent of the total would be generated from South Asia's own efforts (leaving the rest of the world unchanged). In summary, we find that the South Asian region's expansion of trade can be substantially advanced with programs of concrete action to address barriers to trade facilitation to advance regional goals.
Most South Asia Subregional Economic Cooperation (SASEC) countries rely on maritime transport for their international trade. Stronger maritime links are crucial for the subregion to achieve its economic growth potential. For example, improved ports and port access will create better connectivity with Southeast Asia, one of the world's fastest growing economic regions. However, enhanced cooperation among the seven SASEC countries is essential to strengthen maritime links. This report provides an overview of the SASEC maritime sector, identifies the key challenges, and identifies priority collaboration initiatives to overcome them.
This book presents an analysis of the state of trade facilitation in member countries of the South Asia Subregional Economic Cooperation (SASEC) program. It includes country-level studies and identifies four common trade facilitation priorities among SASEC countries: (i) implementation of the Trade Facilitation Agreement and other international conventions; (ii) logistics and infrastructure development, and related regulatory reforms; (iii) coordinated border management; and (iv) institutions and capacity building.