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 | ||
Commitment Date Funding Type Country Sector Status Total Cost |
20 Jan 2013 Loan/Grant Regional Trade Facilitation Closed $47.67 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 |
$15 million (Asian Development Fund) $21 million (Asian Development Fund) $8.34 million (Asian Development Fund) $3.33 million (Asian Development Fund) |