In Central Asia, it once took up to 58 hours and $318 for a cargo truck to cross a border. Countries in the region are working together to streamline the process for goods and services to move across borders.
A new approach to developing economic corridors can change the way we think about regional integration.
Time will tell whether Asia-Pacific’s increasing trend toward regional integration extend further into labor markets.
SASEC is piloting an electronic cargo tracking system to make cargo transit more efficient and speed up customs processes.
Four crucial factors can help turn these economies from landlocked into land-linked.
There’s more to the revised mega regional Pacific Rim trade agreement than the US withdrawal.
Opening the region to foreign direct investment through trade multilateralization is ASEAN’s defining achievement as an organization.
A truly intraregional South Asian economic vision linking India and Pakistan is a win-win to unleash the region’s vast economic potential.
The revived Trans-Pacific Partnership retains significant potential for economic gains among its now 11 members, although the impacts will vary across countries.
Bilateral power trading deals among SASEC countries should gradually expand. A single interconnected power market would be a clear win for the subregion.