Trade Facilitation Results

Trade facilitation focuses on removing barriers to the international movement of goods to lower trade costs, at and around the borders, and along the supply chain, to make countries more competitive in regional and global markets. In the SASEC subregion, bottlenecks in trade facilitation are the leading non-tariff barriers that constrain intraregional trade. SASEC initiatives in trade facilitation aims to make cross-border trade and transport in the subregion faster, cheaper, and more predictable, while maintaining the security of the supply chain and ensuring the effectiveness and efficiency of the institutions involved.


PUBLICATIONS

total items: 17
Services and Global Value Chains: The Asia-Pacific Reality, Studies in Trade, Investment and Innovation 89

This book reviews issues concerning the roles of services in global value chains. It presents a framework for assessing links among different services and between services and the manufacturing sector. The book explains the contribution of services to global value chains in the Asia-Pacific region and to the world and also draws lessons with which countries could understand the importance of services and participation in global value chains to achieving sustainable development.

Source: Witada Anukoonwattaka, Mia Mikic, Yuhua Zhang

Customs Clearance Procedure for Relief Materials 2017

This relief consignment procedure published by the Nepal Department of Customs act as guide for the import of relief materials in response to emergencies and disaster situations in Nepal. It identifies items that can and cannot be imported, and conditions for import, and details procedures for Customs clearance, including declaration and valuation. It also discusses provisions for temporary import or export of relief goods.

Source: Department of Customs, Ministry of Finance, Nepal

World Trade Statistical Review 2017

The World Trade Statistical Review looks at the last 10 years and examines the latest developments in world trade, with a detailed analysis of the most recent trends for trade in goods and services. The book gives information on the participation of India, Bangladesh, and other South Asian economies in world trade, and highlights trends in the use of trade-facilitating measures. It also gives information on the implementation of the WTO Trade Facilitation Agreement and regional trade agreements, such as the South Asian Free Trade Arrangement.

Source: World Trade Organization

Trade and Transport Facilitation Monitoring Mechanism: Baseline Study in Bangladesh

This report synthesizes the business process analysis conducted on the export of plastic kitchenware and tableware from Bangladesh to Bhutan through Burimari land port, and the import of lentils from Nepal to Bangladesh through Banglabandha land port, as well as studies on trade corridors and border crossings in Bangladesh, to quantify current trade and transport facilitation in Bangladesh through a set of indicators. Findings of the study reveal bottlenecks to trade, including costly one-time procedures for a new trader, numerous documents and copies required to complete export and import processes, and low speed along the trade corridors. This report includes specific short-term and long-term policies to improve Bangladesh’s trade and transport facilitation.

Source: Asian Development Bank

Facilitate Trade for Development: Aid for Trade

The Aid for Trade program has been providing support to developing economies in tackling obstacles to growth through better facilitation of trade in the last 10 years. Since its launch in 2006, a total of $308 billion has been disbursed to finance aid-for-trade programs and projects, which are working to reduce trade and transport costs, promote trade expansion, and achieve economic and social objectives. As high trade costs persist in keeping developing countries from fully exploiting their trade and development potential, the Aid for Trade program remains highly relevant, and will help developing economies, including landlocked and small and vulnerable economies, achieve the 2030 Agenda for Sustainable Development.

Source: William Hynes and Frans Lammersen

Customs Reform and Modernization Strategies and Action Plan 2017-2021

The Customs Reform and Modernization Strategies and Action Plan 2017-2021 of the Nepal Department of Customs (DOC) aims to serve as a blueprint of Customs reform for the next four years, with a vision to support Nepal's initiatives toward economic and social prosperity. With Nepal seeing continuous increase of cross-border trade over the last decades, this Plan is being implemented to align Nepal toward international standards. It outlines the DOC's vision, mission, guiding principles, as well as strategies, such as expediting legitimate trade facilitation and enhancing Customs automation and data management, to create a conducive environment for seamless movement of cargo traffic to and from the borders, and help in lowering transaction costs through greater transport facilitation.

Source: Nepal Department of Customs

Making the WTO Trade Facilitation Agreement Work for SMEs

Small and Medium Enterprises (SMEs) comprise 95% of enterprises worldwide and provides at least two thirds of private sector employment. However, when it comes to international trade, SMEs experience limited capacity in dealing with the complex administrative and regulatory procedures associated with moving and selling goods across borders. This book fills a gap by providing a reference for articles of the World Trade Organization (WTO) Trade Facilitation Agreement (TFA) that are particularly beneficial to SMEs, and identifies examples of SME-specific programs, measures and interventions that can support the implementation of such provisions. It proposes mainstreaming relevant elements of the WTO TFA in existing SME policies and initiatives, to ensure that it contributes toward internationalization of SMEs.

Source: UNESCAP, UNNExT, and ITC

National Trade Facilitation Bodies in the World

This UNCTAD publication provides the first, in-depth quantitative analysis of 50 existing national trade facilitation bodies and a first-hand set of recommendations from experiences of participating stakeholders. It offers policy-oriented conclusions to assist countries about to set up or strengthen their national trade facilitation working groups. The study reveals that the biggest challenge for trade facilitation working groups is sustainability. Its determining elements include the administrative culture of each country, level of development, or type of body and geographical region.

Source: United Nations Conference on Trade and Development

Towards a National Integrated and Sustainable Trade and Transport Facilitation Monitoring Mechanism: BPA+

This ADB-UNESCAP publication aims to provide guidance to the countries of the Asia-Pacific region on establishing a sustainable trade and transport facilitation monitoring mechanism (TTFMM). Underpinning the TTFMM is the integrated methodology of Business Process Analysis Plus (BPA+), which is built on the Business Process Analysis methodology, and supplemented by Time Release Studies (TRS) and Time-Cost-Distance (TCD) methodologies. It is envisaged that establishment of TTFMM will enable effective monitoring and enhancement of national trade facilitation on a continuous basis and in a sustainable manner.

Source: UNESCAP

The Global Enabling Trade Report 2014

The Global Enabling Trade Report offers a tool to monitor progress on implementing measures for the Trade Facilitation Agreement. Benchmarking the performance of 138 economies in four critical areas, including border administration, the Report takes off from the success of the Bali package by emphasizing measures that facilitate trade at a more practical level, with benefits that significantly outweigh the cost of necessary reforms and produces positive spillover effects on other indicators—market access, infrastructure, and operating environments. Also mentioned are insights on further boosting trade facilitation within the region, such as regional cooperation and sharing of good practices. The Report is intended as a motivator for change at a time of renewed momentum for trade facilitation where windows of opportunities for policymakers to push through trade-enabling measures are open.

Source: Margareta Drzeniek Hanouz, Thierry Geiger, Sean Doherty (eds.)

Asian Economic Integration Monitor: November 2014

This AEIM review of recent economic performance highlights the need for Asia to rebalance its sources of growth toward domestic and regional demand. It also shows a resilient Asia with rising GDP growth in South Asia. This issue includes a Special Chapter: Regional Financial Integration and Crisis in Asia and Europe – A Comparative Analysis. It presents Asia’s future path of integration as different from that in Europe. Asia will continue to strengthen efforts to harmonize rules and regulations in the financial sector and further unilateral trade and investment, while Europe is more likely to strengthen regional institutions to ensure recovery and better the monetary union.

Source: Asian Development Bank

NTMs in South Asia: Assessment and Analysis

The study “NTMs in South Asia: Assessment and Analysis” analyzes how Non-tariff Measures (NTMs) give rise to non-tariff barriers, which are becoming increasingly crucial for advancing trade cooperation among member countries of the South Asian Association for Regional Cooperation, yet remain less-addressed. The study examines export potential and actual export of South Asian countries, and attempts to highlight gains from reduction in transaction costs in bilateral trade. It also notes that initiatives for trade facilitation reforms in South Asia at the regional level remain low in incentives and have yet to produce significant results. The study closes with several recommendations for reducing and eliminating NTMs.

Source: Selim Raihan, Mostafa Abid Khan, and Shaquib Quoreshi

Designing and Implementing Trade Facilitation in Asia and the Pacific

This reference book was published to support the implementation of trade facilitation measures and reforms in Asia and the Pacific. It includes operational guidance on assessing the status of trade facilitation, the measures and reforms needed, how to design trade facilitation initiatives, and how to implement them at national and regional levels. The book is intended to assist policy makers, practitioners, and economists by bridging the gap between theory and practice. The revised 2013 version includes updated statistical figures and data, information on actual trade facilitation policies and practices, and the most recent research on trade facilitation.

Source: Asian Development Bank / United Nations Economic and Social Commission for Asia and the Pacific

Asia-Pacific Trade Facilitation Forum: Survey on Trade Facilitation and Paperless Trade

Conducted jointly by the Asian Development Bank and the United Nations Economic and Social Commission for Asia and the Pacific, this survey provides a status snapshot of trade facilitation in place across 26 countries of the region, including progress towards establishment of national trade facilitation committees, implementation of risk management measures, development of national single windows, and steps taken to move toward paperless trade. It further examines specific issues and challenges in these areas of South East Asian countries, and provides recommendations for improvement.

Source: ADB and UNESCAP

Study on Intraregional Trade and Investment in South Asia

This study broadens and deepens intraregional cooperation and integration in trade and investment among South Asian countries. It showcases the benefits of regional integration and presents an array of policy recommendations to maximize and realize such gains. Three parallel initiatives are needed: first, reduce nontariff barriers to deepen the South Asian Free Trade Area (SAFTA); second, expand SAFTA's scope to include investments and services; and third, focus on key industries to succinctly demonstrate the process and benefits of reforms. These translate into six component studies: (i) the Role of Trade Facilitation in South Asian Economic Integration; (ii) Country Investment Studies for Bangladesh, India, Nepal, and Sri Lanka; and (iii) Textile and Clothing Industry. The study invigorates the debate and focus on South Asian integration as a means to further growth and reduce poverty.

Source: Asian Development Bank / Australian Government

Infrastructure for a Seamless Asia

The study reviews regional infrastructure being enhanced through regional cooperation in Asia and examines major issues and challenges. It suggests a framework for pan-Asian infrastructure cooperation, anchored on a long-term vision of creating a seamless Asia that will not only enhance the region's competitiveness and extend its global reach, but also help reduce poverty and promote greater environmental sustainability.

Source: Asian Development Bank / Asian Development Bank Institute

Quantification of Benefits from Economic Cooperation in South Asia

The study examines the implication of the South Asian Free Trade Agreement (SAFTA) on South Asian countries and on the region as a whole, employing both a quantitative and qualitative assessment on the outcomes of SAFTA. The research aims to provide support in the formulation of concrete policy measures for trade to ensure greater gains for the region, while at the same time mitigating potential negative impacts. Economic and social assessments through analytical tools and rational causal chain analysis further enrich the study.

Source: Asian Development Bank / United Nations Conference on Trade and Development