Southeast Asia's Plans for an Economic Community

ASEAN countries plan to launch a single market for goods, services, capital and labor, potentially one of the largest economies and markets in the world. Read More

GMS Economic Corridors Must Yield More Jobs and Investment

Stakeholders from the six Greater Mekong Subregion countries reviewed achievements in the GMS economic corridors over the last 6 years at a forum in Ha Noi, Viet Nam. Read More

ADB Loan to Nepal to Tackle Chronic Power Shortages, Rural Supply Gaps

ADB has approved a $180 million equivalent loan to help Nepal overcome its crippling power shortages and export surplus power to neighboring India. Read More

Organic Crops Help Small Farmers out of Poverty in Lao PDR

With ADB support, organic farming in Lao People's Democratic Republic is helping reduce rural poverty and preserve the environment. Watch Video

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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