Customs for Connectivity: CAREC

Secretary General of the World Customs Organization, Kunio Mikuriya, talks about the need for harmonized customs procedures and practices to boost trade connectivity and promote economic growth in the CAREC region. Watch Video

ASEAN Nations Complete First-Ever Corporate Governance Scorecard

A new report compiles corporate governance assessments of publicly listed companies in six countries, Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Viet Nam, using the ASEAN Corporate Governance Scorecard. Read More

Central Asian Cross-border Trade to Get Boost from New Road

Rehabilitated roads in landlocked Tajikistan boost trade at home and with other Central Asian nations and the People’s Republic of China (PRC). Read More

Improved South-Southeast Asia Connectivity Key to Boosting Trade, Rebalancing Economy

Connecting South Asia and Southeast Asia, an interim report by ADB and ADB Institute (ADBI), says improving cross-border infrastructure and trade facilitation will foster economic integration and regional growth. Read More

Overview

Regional cooperation and integration (RCI) is a process by which national economies become more interconnected regionally. RCI plays a critical role in accelerating economic growth, reducing poverty and economic disparity, raising productivity and employment, and strengthening institutions. It narrows development gaps between ADB’s developing member countries (DMCs) by building closer trade integration, intraregional supply chains, and stronger financial links, enabling slow-moving economies to speed their own expansion.

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