Transport and Trade Facilitation
Countries of the Greater Mekong Subregion are working to make the movement of goods and services across borders faster, easier, cheaper, more compliant, and more inclusive.
During the past decade, the GMS road network has expanded by almost 200,000 kilometers, and overland road freight has also almost doubled. Yet despite these advances, remaining barriers to trade and transport continue to inhibit the subregion’s full economic potential.
With much of the hard infrastructure in place, there has been a greater focus in recent years on the rules, regulations, agreements and other “software” to make the movement of goods and services across borders in the GMS faster, easier, cheaper, more compliant and more inclusive.
The GMS Transport and Trade Facilitation Action Program is working to overcome existing barriers in order to link the subregion to the ASEAN Economic Community’s single market and production base, as well as other regional cooperation initiatives.
The program is helping to expand transport and traffic rights along GMS corridors, particularly the North-South, East-West and Southern Economic Corridors; simplify and modernize customs procedures and border management; and strengthen the capacity of sanitary and phytosanitary agencies in the subregion.
The GMS Transport and Trade Facilitation Action Program builds on the success of the GMS Cross Border Transport Facilitation Agreement (CBTA), which has helped to consolidate non-physical measures needed to streamline the cross-border movement of goods, vehicles and people within the subregion.
• Statement of the Fifth Meeting of the Joint Committee for the CBTA (16 December 2016)
• Statement of the Third Meeting of the Joint Committee for the CBTA (17 June 2010)
• Statement of the Second Meeting of the Joint Committee for the CBTA (20 March 2007)
• Statement of the First Meeting of the Joint Committee for the CBTA (30 April 2004)
The Myanmar government recently approved a project that will ensure the completion of the Greater Mekong Subregion East-West Economic Corridor, which stretches from Danang, Viet Nam to Yangon, Myanmar.
MANILA, PHILIPPINES (8 December 2016) – The Asian Development Bank has approved a $450 million investment program to promote cross-border economic activities between Guangxi Zhuang Autonomous Region of the People’s Republic of China and northern Viet Nam. The program will focus on developing the North-South Economic Corridor under the Greater Mekong Subregion Cooperation Program.
This document provides a snapshot of the Greater Mekong Subregion's performance from 1992-2014, highlighting growth in output and merchandise trade, developments in information and communication technology, and trends in subregional integration.
The TTF newsletter highlights the ADB’s Transport and Trade Facilitation Activities in Southeast Asia.
Timely availability of information, data, and indicators at the country and project levels allows for the measurement of progress – the achievement of policy objectives, as well as impacts and outcomes of target-driven projects.
YANGON, MYANMAR (27 July 2015) – The Asian Development Bank is supporting the Myanmar Customs Department in developing its Authorized Economic Operators scheme, a new system that will simplify and expedite the release of imported and exported goods.
KUNMING, PEOPLE’S REPUBLIC OF CHINA (11 June 2015) – Government ministers and senior officials attending the Greater Mekong Subregion Seventh Economic Corridors Forum today agreed on measures to promote the development of economic corridors, facilitate cross-border transport and trade, and enhance cooperation and private sector participation.
KUNMING, PEOPLE’S REPUBLIC OF CHINA (10 June 2015) – Ministers and senior officials from the six Greater Mekong Subregion countries and the Vice-President of the Asian Development Bank will convene tomorrow at the 7th GMS Economic Corridors Forum to discuss how to further develop economic corridors, facilitate cross-border transport and trade, and enhance cooperation and private sector participation – including the development of Special Economic Zones.
A Greater Mekong Subregion project helps builds a transmission line from Viet Nam to Cambodia to provide a steady supply of electricity to communities and industries in the southern part of the country.