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SASEC Trade Facilitation Strategic Framework

SASEC Trade Facilitation Strategic Framework. Aileen Pangilinan Programs Officer Regional Cooperation and Operations Coordination Division South Asia Department Asian Development Bank.

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SASEC Trade Facilitation Strategic Framework

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  1. SASECTrade Facilitation Strategic Framework Aileen Pangilinan Programs Officer Regional Cooperation and Operations Coordination DivisionSouth Asia DepartmentAsian Development Bank Disclaimer: In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

  2. Key Messages • Why? • An integrated and prosperous South Asia • How? • Regional cooperation through SASEC • Implement the SASEC TF Framework • Strengthen Customs cooperation

  3. 21st Century South Asia is the Least Integrated Region in the World Intra-regional Trade Share (%) 100 hours for trucks to cross between Petrapole & Benapole 200 signatures in Nepal to trade goods with India Source: ADB ARIC Trade and Integration database (www.aric.adb.org); raw data from IMF DOTS.

  4. Trade Facilitation Indicators Source: World Bank, 2010.

  5. 2012 Intra and InterRegionalTrade in Asia (billion) PRC $92 $1147 $325 $1047 $93 East Asia $2,830 SAARC $41 $169 $168 $904 $87 $400 $253 $972 ASEAN $611 Source: ADB Staff estimates and ARIC Trade Integration Database N.B. The data inside boxes is intraregional trade of the region; data outside of the boxes refer to inter regional trade.

  6. ASEAN Association of Southeast Asian Nations BIMP-EAGA Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area BIMSTEC Bay of Bengal Initiative for Multisectoral Technical and Economic Cooperation CAREC Central Asia Regional Economic Cooperation GMS Greater Mekong Subregion IMT-GT Indonesia Malaysia Thailand Growth Triangle PIF Pacific Islands Forum SAARC South Asian Association for Regional Cooperation Centrality of SASEC in The Garland of an Integrated Asia Asia is increasingly integrated economically stretching from the shores of the Black Sea in the West to the Western shores of the Pacific in the East and stretching from the Maldives and South Pacific to PRC and Central Asia in the North SASEC Disclaimer: In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

  7. ADB’s Strategy 2020 & RCI Inclusive Growth Environmentally Sustainable Growth Regional Integration MAIN DRIVERS IN STRATEGY 2020 Private Sector Development GoodGovernance Knowledge Partnerships FOUR PILLARS IN REGIONAL COOPERATION AND INTEGRATION STRATEGY Regional/subregional Economic Cooperation Programs Trade and Investment Cooperation and Integration Cooperation in Regional Public Goods Monetary and Financial Cooperation and Integration By 2020, at least 30% of operations are in regional cooperation and integration CORE AREAS IN STRATEGY 2020 Infrastructure Financial Sector Development Environment Regional Cooperation and Integration Education

  8. Regional Cooperation in Practice in South Asia Afghanistan SASEC (2001) Pakistan Bhutan Nepal Maldives India Myanmar Sri Lanka Bangladesh SAARC (1985) Thailand BIMSTEC (1997)

  9. South Asia Subregional Economic Cooperation (SASEC) Members: BAN, BHU, IND, NEP; MLD, SRI - new Institution-light; projects-heavy Almost US$5 billion invested since 2001 Focus on transport, trade facilitation, energy Supports SAARC and BIMSTEC

  10. Key SASEC Transport and Trade Facilitation Projects

  11. Key SASEC Transport Projects India Road Connectivity Sector Project, $500m Bhutan Road Connectivity Project, $57m Bangladesh Road Connectivity Project Nepal Road Connectivity Project

  12. Key SASEC Trade Facilitation Projects/ Activities SASEC Trade Facilitation Program Loans/ Grants Capacity Building and Discussion Platform SASEC Trade Facilitation Strategic Framework

  13. SASEC TF Program Loans/Grants • BAN ($21M); BHU ($11.67M); NEP ($15M) • Tranche release is triggered by specific policy actions • First tranche fully disbursed: • Bangladesh: $10.7M loan in Q2/2013 • Bhutan: $6.3M loan and grant in Q1/2013 • Nepal: $8M grant in Q2/2013 • Milestones achieved: • Important steps taken toward accession to the Revised Kyoto Convention • Planning finalized for automation of trade facilitation business procedures • National Trade Facilitation Working Committees being established

  14. Capacity Building and Discussion Platform • Training to support customs reforms • Knowledge sharing on key TF issues • SASEC Customs Subgroup established • agreed on work plan • serves as platform for knowledge sharing and training • advocacy for customs reform and modernization

  15. SASEC Trade Facilitation Framework Increased trade, including intra-regional trade, of SASEC Countries Mission More efficient, transparent, secure and service-oriented trade in SASEC Countries Goals Customs Transport Facilitation Standards Border Facilities Components Simplify & expedite border formalities, increase ICT applications, develop NSWs Identify SPS-sensitive products, Strengthen National Conformity Assessment Boards Strengthen cross-border facilities Develop & pilot transport facilitation arrangements Strategic Thrusts Enhance cooperation and coordination mechanisms

  16. Implementing the TFSF • Guiding principles • Country owned • Pragmatic and results oriented • Flexible and responsive • Open cooperation with neighbors • Involves private sector and development partners • Two-track process • South-South cooperation

  17. SASEC Customs Subgroup WP • Strategic thrusts • Simplifying and expediting border formalities • Increasing the application of ICT • Developing national single windows • Composition • 7 subregional projects • 20 national projects in all 3 strategic thrusts • 6 subregional training areas

  18. Subregional Projects in the WP (1) • Sharing of experience on risk management and SAFE application • Exchange of documents at major BCPs (taking inspiration from the SAARC Agreement on Mutual Administrative Assistance on Customs Matters) • Assessment of the readiness of regulatory framework and infrastructure facilities in SASEC countries for containerized movement of cargo through land borders

  19. Subregional Projects in the WP (2) • Institutionalize regular border meetings between/among the Customs authorities at major border crossing points • Conduct of the SASEC Trade and Transport Facilitation Monitoring Mechanism • Use of ICT in processing of the transit cargo for enhanced efficiency • Conduct of feasibility study on electronic exchange of trade-related information

  20. For more information:Visit www.sasec.asia oremail sasec@adb.org

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