Details

Funding

Project Description

The TA is to promote integration within the GMS and with countries outside the region, by facilitating the movements of goods and people, and by building up the capacity for trade policy making and application. Part 1 of the TA aims to assist the GMS countries to operationalize the Strategic Framework for Action for Trade Facilitation and Investment (SFA-TFI) by delivering the following outputs: (i) national plans or road maps -- time-bound and coordiniated at the regional level through the Trade Facilitation Working Group (TFWG), and a regional work program for the TFWG for implementing the SFA-TFI; (ii) national institutional mechanismas for coordinating the SFA-TFI including strengthening of the trade facilitation focal point and core teams; and (iii) identification of capacity building and training needs, as well as targeted training acitivites. The TA will explore collaboration, and coordination with international organizations, related initiatives under other regional cooperation programs, such as ASEAN and the Ayeyawaddy-Chao Phraya-Mekong Cooperation Strategy (ACMECS), etc., and the private sector stakeholders. Part 2 of the TA will deliver the following outputs: 1) institutional strengthening of International Institute of Trade and Development (TD); 2) material and training module development; 3) training of modules will be identified and trained; 4) support the development of networks, information system and information dissemination to promote understanding of economic integration issues in GMS; and 5) enhance the capacity of ITD and GMS countries to undertake specific research.

Progress (as of March 2021)

Contacts

News and Multimedia

Production line of the rice cracker factory, Trang An. Through Vietnam International Bank the factory owner was able to increase his business by importing modern equipment. The VIB was able to help the small business owner because of its participation in ADB's Trade Finance Program.
Source: ADB Flickr