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.
|Approval||29 Nov 2012|
|Total Cost||$48 million|
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
$48 million (Asian Development Bank)