SASEC News

Compiled features on recent developments in regional cooperation and integration in the SASEC region.

Year:  

February 2017
ADB to Back Bangladesh Road Connectivity and Energy Trade

The Asian Development Bank (ADB) is ready to assist Bangladesh in its efforts to improve transport and energy connectivity. Mr. Wencai Zhang, Vice President, ADB, affirmed that ADB will continue to support Bangladesh in its goal of becoming a developed country by 2041, as well as in achieving the Sustainable Development Goals and minimizing climate change impact.


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Tags:  ADBBangladeshBhutanBBINCooperationDevelopmentMotor Vehicles AgreementEnergyInvestmentNepal
 

December 2016
Commentary: Nepal Hydropower to Bring Economic, Social, and Environmental Benefits

Nepal’s hydropower potential could be realized with an efficient technological base, entrepreneurial vision, a coordinated power trading approach, and sustained investment commitment. Hydropower development would bring economic, social, and environmental benefits in Nepal and the rest of the South Asian region. In this speech delivered at the Power Summit, Nepal Prime Minister Pushpa Kamal Dahal vowed to support domestic and foreign investors through a policy encouraging investment.


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Tags:  DevelopmentEnergyHydropowerIndiaInvestmentNepalPrivate SectorRegional CooperationTrade
 

November 2016
Bangladesh to Improve Ease of Doing Business to Attract More Indian Investors

In a meeting with the Confederation of Indian Industry (CII), Mr. Kazi M. Azul Islam, Chairman, Bangladesh Investment Development Authority, promised CII delegates that Bangladesh will work toward improving the country’s ‘Ease of Doing Business’ to encourage more investors from India. Bangladesh has set a five-year target to improve its ease of doing business.


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Tags:  BangladeshIndiaEase of Doing BusinessInvestmentEnergyInfrastructureBilateral Trade
 

November 2016
Conference Highlights Deepening Economic Integration, Boosting Connectivity in South Asia

Nepal Minister for Foreign Affairs Prakash Sharan Mahat urged conclusion of the SAARC Agreement on Promotion and Protection of Investment to deepen economic integration among South Asian countries, and emphasized the need to improve connectivity in the region at the inauguration of the Fourteenth Annual Conference of the South Asian Network of Economic Research.


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Tags:  SAARCTransportRailRoadInvestmentInvestmentsNepal
 

September 2016
Seminar Emphasizes Need to Attract More FDI for Nepal's Hydropower Sector

A 'Foreign Direct Investment (FDI) in Hydropower' forum in Kathmandu, Nepal stressed the need for more FDI in hydropower projects. According to Nepal Minister for Energy Janardan Sharma, Nepal needs more investment to be able to fully harness its hydropower capacity. The Power Trade Agreement signed by Nepal and India promises a huge market for Nepal's hydroelectricity.


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Tags:  NepalInvestmentHydropowerEnergyIndiaExports
 

November 2012
SASEC Energy Officials Endorse Feasibility Studies for Transmission Investments

The SASEC energy working group agreed to conduct feasibility studies for three new priority large-scale cross-border transmission projects worth over $3 billion at a meeting on 9 November 2012 in Thimphu Bhutan.
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Tags:  BhutanEnergyInvestmentSASECSouth Asia
 

March 2012
SASEC Trade Facilitation and Transport Working Group Meeting in Kolkata

Following the SASEC Trade Facilitation and Transport Working Group (TFTW) Meeting in Bangkok in October 2011 the TFTWG met again in Kolkata on 5 March 2012 and agreed on a list of investment and technical assistance projects.
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Tags:  IndiaInvestmentSASECThailandTrade FacilitationTransport