52123-001: Implementing Trade Facilitation Initiatives under the South Asia Subregional Economic Cooperation Program | Asian Development Bank

Regional: Implementing Trade Facilitation Initiatives under the South Asia Subregional Economic Cooperation Program

Sovereign (Public) Project | 52123-001 Status: Active

The TA will support the momentum and realization of SASEC countries trade facilitation initiatives by bringing policy reform actions closer to the implementation stage. The TA will have three major outputs (i) Implementation frameworks, blueprints, and road maps in modern customs administration complete; (ii) Tools to enhance transparency of standards in SPS and TBT developed; and (iii) Cross-border transport facilitation studies along key SASEC routes and border crossing points completed

Project Details

Project Officer
Pangilinan, Aileen H. South Asia Department Request for information
Country
  • Regional
Sector
  • Industry and trade
 
Project Name Implementing Trade Facilitation Initiatives under the South Asia Subregional Economic Cooperation Program
Project Number 52123-001
Country Regional
Bangladesh
Bhutan
India
Maldives
Myanmar
Nepal
Sri Lanka
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 9578-REG: Implementing Trade Facilitation Initiatives under the South Asia Subregional Economic Cooperation Program
Technical Assistance Special Fund US$ 500,000.00
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Governance and capacity development
Knowledge solutions
Sector / Subsector

Industry and trade / Industry and trade sector development - Trade and services

Gender Equity and Mainstreaming No gender elements
Description The TA will support the momentum and realization of SASEC countries trade facilitation initiatives by bringing policy reform actions closer to the implementation stage. The TA will have three major outputs (i) Implementation frameworks, blueprints, and road maps in modern customs administration complete; (ii) Tools to enhance transparency of standards in SPS and TBT developed; and (iii) Cross-border transport facilitation studies along key SASEC routes and border crossing points completed
Project Rationale and Linkage to Country/Regional Strategy The SASEC program fully recognizes the important role of transport and trade facilitation for regional economic integration and competitiveness. Although the subregion is one of the least integrated regions in the world for trade, studies have shown that intra-regional trade in South Asia could rise by as much as 60%, and the region's trade with the rest of the world could grow by 30% if trade facilitation systems could be elevated to international standards. Trade facilitation could enhance SASEC countries' competitiveness by allowing goods and services to be traded on time and with low transaction costs. It could facilitate increased participation by South Asian business and trade in regional and global value chains through quick and less costly movement of goods over borders and greater outsourcing potential for cost competitiveness. Trade facilitation in South Asia, however, faces enormous challenges with major bottlenecks including cumbersome customs procedures, inadequate trade-related infrastructure, weak capacity to implement standards and technical regulations, poor border-related infrastructure, and inadequate cross-border transport arrangements to support the seamless movement of goods and services in the subregion. In line with efforts to improve their economies' competitiveness and ease of doing business, Government agencies related to trade facilitation in the seven participating SASEC countries recognize the value of working together in jointly addressing the key bottlenecks to cross-border trade under the SASEC framework.
Impact International trade and transport for SASEC countries made faster, cheaper, and more predictable, while maintaining the security of the supply chain and ensuring the effectiveness and efficiency of the institutions involved
Project Outcome
Description of Outcome Trade facilitation measures to address key bottlenecks adopted by SASEC countries
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Implementation frameworks, blueprints and roadmaps in modern Customs administration completed.

Tools to enhance transparency of SPS TBT standards developed

Cross-border transport facilitation studies along key SASEC routes and border crossing points completed

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Bangladesh - Nation-wide; Bhutan - Nation-wide; India - Nation-wide; Maldives - Nation-wide; Myanmar - Nation-wide; Nepal - Nation-wide; Sri Lanka - Nation-wide
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services The TA will engage a total of 52 person-months of individual consultants, composing of 27 person-months of international experts and 25 person-months of national experts
Procurement not applicable
Responsible ADB Officer Pangilinan, Aileen H.
Responsible ADB Department South Asia Department
Responsible ADB Division Regional Cooperation and Operations Coordination Div, SARD
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
Timetable
Concept Clearance 08 Aug 2018
Fact Finding 30 Jul 2018 to 30 Jul 2018
MRM -
Approval 03 Sep 2018
Last Review Mission -
Last PDS Update 03 Sep 2018

TA 9578-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
03 Sep 2018 - 03 Sep 2018 31 Aug 2021 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
500,000.00 0.00 0.00 0.00 0.00 0.00 500,000.00 03 Sep 2018 0.00

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Related Publications

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Tenders

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Procurement Plan

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