Regional: South Asia Subregional Economic Cooperation Trade Facilitation Program

The program's intended impact is to increase trade, including intraregional trade, of SASEC countries by reducing or removing non-tariff barriers, specifically institutional, administrative, and technical barriers to trade in Bangladesh, Bhutan, and Nepal. The intended outcome is to support a more efficient, transparent, secure, and service-oriented processing of trade in the subregion.

PROJECT DETAILS

Approval29 Nov 2012
Funding TypeLoan/Grant
CountryRegional
SectorTrade Facilitation
StatusClosed
Total Cost$48 million

KEY OUTPUTS

Modern and effective customs administration and/or management

Streamlined and transparent trade processes and procedures

Improved services and information for private sector traders and investors

FINANCING

$48 million (Asian Development Bank)