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Maritime Cooperation in SASEC

Maritime Cooperation in SASEC PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292617214
Category : Business & Economics
Languages : en
Pages : 217

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Book Description
Most South Asia Subregional Economic Cooperation (SASEC) countries rely on maritime transport for their international trade. Stronger maritime links are crucial for the subregion to achieve its economic growth potential. For example, improved ports and port access will create better connectivity with Southeast Asia, one of the world's fastest growing economic regions. However, enhanced cooperation among the seven SASEC countries is essential to strengthen maritime links. This report provides an overview of the SASEC maritime sector, identifies the key challenges, and identifies priority collaboration initiatives to overcome them.