South Asia Subregional Economic Cooperation

EENI- School of International Business

Subject (Course): The South Asia Subregional Economic Cooperation (SASEC). Syllabus:

1. Introduction to the South Asia Subregional Economic Cooperation (SASEC)
2. Strategies of the SASEC Programme
3. Transport Cooperation in the SASEC region
      - SASEC Road Connectivity Project in Bangladesh.
     - Dhaka-Northwest corridor
4. Trade Facilitation between SASEC members
5. Cross-Border Power Trading in South Asia

The objectives of the subject “The South Asia Subregional Economic Cooperation (SASEC)” are the following:

1. To understand the aims and programs of the South Asia Subregional Economic Cooperation
2. To know cooperation in the field of transport
3. To analyse trade facilitation programs, intra-SASEC trade and cross-border trade

Sample of the subject - South Asia Subregional Economic Cooperation (SASEC):

Subject Description: The South Asia Subregional Economic Cooperation.

In 2001, six Asian countries (Bangladesh, Bhutan, India, the Maldives, Nepal, and Sri Lanka) founded the programme South Asia Subregional Economic Cooperation (SASEC) to:

1. Strength economic cooperation between the Member States
2. Boost foreign trade between them
3. Develop cross-border connectivity

One of the objectives of the South Asia Subregional Economic Cooperation (SASEC) is to facilitate cross-border movement of products and people.

The South Asia Subregional Economic Cooperation (SASEC) has developed thirty-three projects (6 billion dollars) in ICT, foreign trade facilitation, regional transport, and energy.

The Transport Sector Strategy of the South Asia Subregional Economic Cooperation (SASEC) aims to develop multimodal transport network and transport corridors in the region to facilitate foreign trade between Bangladesh, Bhutan, India, the Maldives, Nepal, and Sri Lanka. In South Asian near 70% of freight is moved by road.

The SASEC Trade Facilitation Strategy is based on the strategic framework (2014-2018), the objectives are:

1. To facilitate foreign trade transactions and regional multimodal transport
2. To eliminate trade barriers
3. The modernisation of customs in the region.
4. To support the South Asia Free Trade Agreement Cooperation (SAFTA) - SAARC

The South Asia Subregional Economic Cooperation belongs to the:

1. Economic area of the Hindu Civilisation
2. Economic Area of the Buddhist Civilisation
3. Central Eurasian Economic Area of the Islamic Civilisation

Website: The South Asia Subregional Economic Cooperation (SASEC).