Greater Mekong Subregion Cross Border Transport Facilitation Agreement

The Greater Mekong Subregion Cross-Border Transport Facilitation Agreement (GMS CBTA) Instruments and Drafting History is a compendium of agreements, instruments of accessions, and memoranda of understanding forged between the GMS countries and compiles in one publication all the documents that form the CBTA instrument. It reflects previous policy dialogues, including outcomes of negotiations between various government agencies from the GMS countries since the inception of the CBTA. This publication aims to strengthen stakeholders' understanding of the technical aspects of the CBTA as well as to draw attention to the crucial issues on transport and trade facilitation.

To promote smoother flows of goods across borders while reducing trade costs, this report explores an integrated approach to facilitating trade and transport across Asia and the Pacific, for better engagement in value chains. The report examines the current state of trade and transport facilitation, analyzes gaps in the available guidance, and provides strategic recommendations. It includes a framework for the assessment of trade readiness at national and subnational levels and illustrates its implementation through case studies of Cambodia and Thailand. The report aims to help governments boost the region's recovery from COVID-19 disruption by making cross-border trading and transport arrangements more efficient and more sustainable, inclusive, and equitable.

A group of internationally recognised experts examine the recent trends of cross-border movements of people, goods and economic activity at fifteen major borders in the Greater Mekong Sub-region with the aim of predicting the long terms future for this region.

The Greater Mekong Subregion (GMS) Program, with support from the Asian Development Bank (ADB) and other development partners, has scored impressive gains in promoting regional connectivity over the past 2 decades. Efforts have also been made to strengthen institutions and policies for trade and transport facilitation to increase the impact of the regional physical infrastructure. This book, prepared under an ADB technical assistance project financed by the Australian Agency for International Development, brings together studies highlighting deeper, structural challenges to trade facilitation in the GMS, including need for governance and bureaucratic reforms, trade competitiveness, and improved alignment of the regional corridors to trade flows. Importance of greater synergy between subregional and regional platforms for trade facilitation, for example between the GMS and the Association of Southeast Asian Nations (ASEAN), is also highlighted. The analyses should be of interest to development practitioners working to improve trade and transport facilitation in the GMS, elsewhere in Asia, and in the rest of the world.

The large market size and abundant resources of the Greater Mekong Subregion (GMS), including a large, motivated and cheap workforce, a rich agricultural base, extensive timber and fisheries resources, considerable potential mineral resources, and vast energy resources have seen the subregion increasingly recognized as a new frontier of Southeast Asian economic strength. This book aims to assess the recent economic, social and political developments in the GMS and identify emerging opportunities and challenges facing the successful transition towards a market-driven economy. The countries of the GMS are at a critical juncture where subregional efforts and cooperation must be made to fully address the rapidly evolving issues that are vital to appropriate policy formation, yet which remain widely debatable. The deliberations here shed light on the development stages and offer policy recommendations for pushing forward subregional cooperation.