EENI Global Business School

South Asia Subregional Economic Cooperation


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Syllabus of the Subject

South Asia Economic Cooperation (SASEC) Foreign Trade Facilitation

  1. Introduction to the South Asia Subregional Economic Cooperation (SASEC)
  2. Strategies of the SASEC Programme
  3. Members countries of the South Asia Subregional Economic Cooperation: Bangladesh, Bhutan, India, the Maldives, Nepal, and Sri Lanka
  4. Transport Cooperation in the SASEC region
    1. SASEC Road Connectivity Project in Bangladesh
    2. Dhaka-Northwest corridor
    3. Bangladesh-Myanmar Corridor
    4. Asia-Africa Corridor
    5. India-Afghanistan Corridor
    6. Corridor of the Ashgabat Agreement
    7. North-South Corridor (India-Russia)
  5. Trade Facilitation between the SASEC members
  6. Cross-Border Power Trading in South Asia

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

  1. To understand the purposes and programs of the South Asia Subregional Economic Cooperation
  2. To know the transport cooperation programs
  3. To analyze the Trade Facilitation programs, intra-SASEC trade and cross-border trade

Asia Masters, Doctorate (Global Business, Foreign Trade)

Asian Economic Institutions

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

South Asia Subregional Economic Cooperation.

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

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

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

Sample - South Asia Subregional Economic Cooperation (SASEC):
South Asia Subregional Economic Cooperation (SASEC): Bangladesh, Bhutan, India, the Maldives, Nepal, and Sri Lanka

The Transport Sector Strategy of the South Asia Subregional Economic Cooperation (SASEC) aims to develop a multimodal transport network and transport corridors in the region to facilitate the foreign trade between Bangladesh, Bhutan, India, the Maldives, Nepal, and Sri Lanka.

In the South Asian region near 70% of the freight is moved by road.

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

  1. To facilitate the foreign trade transactions and the regional multimodal transport
  2. To eliminate the Technical Barriers to Trade
  3. Customs modernization in the region
  4. To support the South Asia Free Trade Agreement Cooperation (SAFTA) - SAARC

The South Asia Subregional Economic Cooperation belongs to:

  1. Hindu Economic Area
  2. Buddhist Economic Area
  3. Central Eurasian Economic Area (Islamic Civilization)

(c) EENI Global Business School (1995-2024)
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