South Asia Subregional Economic Cooperation Vision: Powering Asia in the 21st Century | Asian Development Bank

South Asia Subregional Economic Cooperation Vision: Powering Asia in the 21st Century

Publication | April 2017
South Asia Subregional Economic Cooperation Vision: Powering Asia in the 21st Century

Bangladesh, Bhutan, India, the Maldives, Myanmar, Nepal, and Sri Lanka, which have grown robustly in recent years, can tap each other’s strength to realize their potential of propelling Asia’s future growth.

They can harness their individual comparative advantages by cooperating better in facilitating trade and enhancing connectivity, and providing the subregion’s produce, better access to global and regional markets. The South Asia Subregional Economic Cooperation (SASEC) Vision demonstrates how enormous benefits can be achieved through regional cooperation, by leveraging opportunities and synergies between three levers—natural resources, industrial potential, and connectivity.

Contents 

  • Figures, Tables, and Box
  • Joint Ministerial Statement
  • Abbreviations
  • The Development Context
  • The SASEC Program
  • Motivation for a Shared Vision
  • The SASEC Vision
  • Potential Synergies and Benefits
  • Potential Flagship Initiatives
  • Expected Outcomes of the Vision
  • Implementing the SASEC Vision
  • References