The volume of total trade and the number of international visitors between prospective partners are key factors in establishing a travel bubble.
ADB's engagement with global and regional partners and organizations is key in reviving interest and confidence in travel and tourism.
As the COVID-19 pandemic increases food security risks in Asia and the Pacific, this challenge also calls for a bolder role for policy and regional cooperation, as featured in ADB Briefs No. 139.
In 2018, amid Asian equity markets’ subdued performance, moderating global growth, and global trade tensions, Asia’s intraregional portfolio debt investment grew moderately, while intraregional portfolio equity investment and cross-border bank claims both contracted.