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Maritime Cooperation in SASEC: South Asia Subregional Economic Cooperation

Publication | October 2019
Maritime Cooperation in SASEC: South Asia Subregional Economic Cooperation

This report explores how South Asia Subregional Economic Cooperation (SASEC) countries can enhance maritime cooperation to boost international trade.

Most SASEC countries rely on maritime transport for their international trade and stronger maritime links are crucial for the subregion to achieve its economic growth potential. For example, improved ports and port access will create better connectivity with Southeast Asia, one of the world’s fastest growing economic regions. However, enhanced cooperation among the seven SASEC countries is essential to strengthen maritime links. This report provides an overview of the SASEC maritime sector, identifies the key challenges, and identifies priority collaboration initiatives to overcome them.

Contents 

  • Executive Summary
  • Introduction
  • SASEC Strategic Objectives and Operational Priorities
  • Overview of World Maritime Trade
  • Overview of the SASEC Maritime Environment
  • Institutional Framework in the SASEC Maritime Sector
  • Current and Future Issues in the SASEC Maritime Sector
  • Scope for SASEC Initiatives in the Maritime Sector