Cross-border Infrastructure
South Asia Subregional Economic Cooperation (SASEC) Initiative
The South Asia Subregional Economic Cooperation (SASEC) initiative commenced in 2001 at the request of the South Asian Growth Quadrangle (SAGQ) comprising Bangladesh, Bhutan, India, and Nepal (also known as BBIN). At the request of BBIN, the Asian Development Bank (ADB) provided technical assistance for implementation of subregional cooperation projects under the SASEC Program. ADB's support to SASEC focuses on priority sectors such as transportation and communication, energy and power, tourism, environment, trade, and private sector development.
Maldives and Sri Lanka joined SASEC in May 2014, while Myanmar became a full member of SASEC in February 2017, following several years as an active observer.
For more information on the SASEC initiative, please visit https://www.sasec.asia/index.php.
Agreements
- South Asia Subregional Economic Cooperation: Tourism Development PlanAsian Development Bank1 Dec 2004
- Proceedings of the Inception Meeting of Country AdvisorsAsian Development Bank1 Mar 2001
News
- Strengthening ties: Bhutan, India forge ahead with infrastructure collaborationANI News10 Sep 2024
- Bangladesh crisis hits India's tourism: 90% drop in Bangladeshi visitorsBusiness Standard19 Aug 2024
- ADB Vice-President [Yingming Yang] meets Nepal Prime Minister [Pushpa Kamal Dahal], reaffirms support for private sector growth and climate initiatives Asian Development Bank30 Apr 2024
- Nepal hosts investment summit to attract foreign money for hydropower projectsBorneo Bulletin29 Apr 2024
Opinions and Editorials
- Bangladesh: Wider customs transit planned for faster cross-border tradeThe Financial Express - Bangladesh21 Apr 2023
- South Asia: Advancing cooperation in trade facilitation in the neighbourhoodThe Economic Times3 Aug 2019
- SASEC's new vision to transform subregionThe Daily Star - Bangladesh3 Apr 2017
- The Myanmar link to Asia's next big leapThe Myanmar Times3 Feb 2017
Studies and Research
- South Asia Subregional Economic Cooperation Vision: Powering Asia in the 21st CenturyAsian Development BankAsian Development Bank1 Apr 2017
- Development of East Coast Economic Corridor and Vizag-Chennai Industrial CorridorP. BanerjeeAsian Development Bank1 Feb 2017
- Clean Energy and Access to Infrastructure: Implications for the Global Trade SystemY. SelivanovaSouth Asia Subregional Economic Cooperation1 Jun 2015
- Cross-Border Electricity Cooperation in South AsiaA. Singh, T. Jamasb, R. Nepal, and M. TomanWorld Bank1 Jun 2015
Meetings
- Trade Facilitation and Transport Working Group MeetingSouth Asia Subregional Economic Cooperation7 Feb 2017
- SASEC Energy MeetingsSouth Asia Subregional Economic Cooperation8 Apr 2016
- Trade Facilitation and Transport Working Group MeetingSouth Asia Subregional Economic Cooperation25 Nov 2015
- Energy Working Group MeetingSouth Asia Subregional Economic Cooperation5 Nov 2014