sasec trade facilitation strategic framework
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SASEC Trade Facilitation Strategic Framework. Aileen Pangilinan Programs Officer Regional Cooperation and Operations Coordination Division South Asia Department Asian Development Bank. - PowerPoint PPT PresentationTRANSCRIPT
SASECTrade Facilitation Strategic
FrameworkAileen PangilinanPrograms Officer
Regional Cooperation and Operations Coordination DivisionSouth Asia Department
Asian Development Bank
Disclaimer: In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
Key Messages• Why?
– An integrated and prosperous South Asia
• How?– Regional cooperation through SASEC– Implement the SASEC TF Framework– Strengthen Customs cooperation
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21st Century South Asia is the Least Integrated Region in the World
29.4
2.70.1
10.9
38.23
4.31 5.89.14
05
1015202530354045
ASEAN+3 South Asia Central andWest Asia
The PacificIslands
19902008
Intra-regional Trade Share (%)
Source: ADB ARIC Trade and Integration database (www.aric.adb.org); raw data from IMF DOTS.
100 hours for trucks to cross between Petrapole & Benapole
200 signatures in Nepal to trade goods with India
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Trade Facilitation Indicators
0 5 10 15 20 25 30 35 40 450
5
10
15
20
25
30
35
40
29
38
24
20
35
12
4
32
20
13
Time to export (days)
Tim
e to
impo
rt (d
ays)
Source: World Bank, 2010.
4
SAARC $41
PRC
East Asia $2,830
ASEAN $611
$168
$1147
$904
$169
$1047
$253
$87
$92
$93
$972
$325
$400
Source: ADB Staff estimates and ARIC Trade Integration Database
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N.B. The data inside boxes is intraregional trade of the region; data outside of the boxes refer to inter regional trade.
2012 Intra and InterRegional Trade in Asia (billion)
Centrality of SASEC in The Garland of an Integrated Asia
ASEAN Association of Southeast Asian NationsBIMP-EAGA Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth AreaBIMSTEC Bay of Bengal Initiative for Multisectoral Technical and Economic Cooperation CAREC Central Asia Regional Economic CooperationGMS Greater Mekong SubregionIMT-GT Indonesia Malaysia Thailand Growth TrianglePIF Pacific Islands ForumSAARC South Asian Association for Regional Cooperation
Asia is increasingly integrated economically stretching from the
shores of the Black Sea in the West to the Western shores of the Pacific in the East and stretching
from the Maldives and South Pacific to PRC and Central Asia in
the North
Disclaimer: In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
SASEC
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ADB’s Strategy 2020 & RCI
Infrastructure Environment Education Financial Sector Development
MAIN DRIVERS IN STRATEGY 2020Private Sector Development
GoodGovernanceKnowledge Partnerships
Regional Cooperation
and Integration
CORE AREAS IN STRATEGY 2020
FOUR PILLARS IN REGIONAL COOPERATION AND INTEGRATION STRATEGY
Regional/subregional Economic
Cooperation Programs
Monetary and Financial
Cooperation and Integration
Trade and Investment
Cooperation and Integration
Cooperation in Regional Public
Goods
Inclusive Growth
Environmentally Sustainable
GrowthRegional
Integration
By 2020, at least 30% of operations are in regional cooperation and integration
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Regional Cooperation in Practice in South Asia
Nepal
Sri Lanka
Afghanistan
BangladeshIndia
Bhutan
Pakistan
MaldivesThailand
Myanmar
BIMSTEC (1997)
SASEC (2001)
SAARC (1985)
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South Asia Subregional Economic Cooperation (SASEC)
• Members: BAN, BHU, IND, NEP; MLD, SRI - new• Institution-light; projects-heavy• Almost US$5 billion invested since 2001 • Focus on transport, trade facilitation, energy• Supports SAARC and BIMSTEC
Key SASEC Transport and Trade Facilitation Projects
Key SASEC Transport Projects
• India Road Connectivity Sector Project, $500m• Bhutan Road Connectivity Project, $57m• Bangladesh Road Connectivity Project• Nepal Road Connectivity Project
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Key SASEC Trade Facilitation Projects/ Activities
• SASEC Trade Facilitation Program Loans/ Grants
• Capacity Building and Discussion Platform
• SASEC Trade Facilitation Strategic Framework
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SASEC TF Program Loans/Grants• BAN ($21M); BHU ($11.67M); NEP ($15M)• Tranche release is triggered by specific policy actions• First tranche fully disbursed:
– Bangladesh: $10.7M loan in Q2/2013– Bhutan: $6.3M loan and grant in Q1/2013– Nepal: $8M grant in Q2/2013
• Milestones achieved:– Important steps taken toward accession to the Revised Kyoto Convention– Planning finalized for automation of trade facilitation business
procedures– National Trade Facilitation Working Committees being established
Capacity Building and Discussion Platform
• Training to support customs reforms
• Knowledge sharing on key TF issues
• SASEC Customs Subgroup established– agreed on work plan– serves as platform for knowledge sharing and training– advocacy for customs reform and modernization
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Increased trade, including intra-regional trade, of SASEC Countries
More efficient, transparent, secure and service-oriented trade in SASEC Countries
Customs Border FacilitiesStandards Transport
Facilitation
Simplify & expedite border
formalities, increase ICT applications,
develop NSWs
Strengthen cross-border
facilities
Identify SPS-sensitive products,
Strengthen National
Conformity Assessment
Boards
Develop & pilot transport facilitation
arrangements
Enhance cooperation and coordination mechanisms
Stra
tegi
c Th
rust
sCo
mpo
nent
sGo
als
Mis
sion
SASEC Trade Facilitation Framework
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Implementing the TFSF• Guiding principles
– Country owned– Pragmatic and results oriented– Flexible and responsive– Open cooperation with neighbors– Involves private sector and development partners
• Two-track process• South-South cooperation
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SASEC Customs Subgroup WP
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• Strategic thrusts– Simplifying and expediting border formalities– Increasing the application of ICT– Developing national single windows
• Composition– 7 subregional projects– 20 national projects in all 3 strategic thrusts– 6 subregional training areas
Subregional Projects in the WP (1)• Sharing of experience on risk management and SAFE
application• Exchange of documents at major BCPs (taking
inspiration from the SAARC Agreement on Mutual Administrative Assistance on Customs Matters)
• Assessment of the readiness of regulatory framework and infrastructure facilities in SASEC countries for containerized movement of cargo through land borders
Subregional Projects in the WP (2)
• Institutionalize regular border meetings between/among the Customs authorities at major border crossing points
• Conduct of the SASEC Trade and Transport Facilitation Monitoring Mechanism
• Use of ICT in processing of the transit cargo for enhanced efficiency
• Conduct of feasibility study on electronic exchange of trade-related information
For more information:Visit www.sasec.asia oremail [email protected]
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