Maritime Cooperation in SASEC

Download or read book Maritime Cooperation in SASEC written by Asian Development Bank and published by Asian Development Bank. This book was released on 2019-09-01 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.