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South Asia Subregional Economic Cooperation (SASEC) program of Asian Development Bank (ADB) expanding towards the East with Myanmar becoming its newest member in 2017

News and Press Release - Dated:- 1-4-2017 - Shri Shaktikanta Das, Secretary, Department of Economic Affairs, says that Myanmar is key to realizing greater connectivity and stronger trade and economic relations between the SASEC sub-region and the countries of East and Southeast Asia South Asia Subregional Economic Cooperation (SASEC) program of Asian Development Bank (ADB) is expanding towards the East with Myanmar formally becoming the 7th member of SASEC in 2017. Shri Shaktikanta Das, Secretar .....

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ors in Myanmar provide the key links between South Asia and Southeast Asia. Ports in Myanmar will provide additional gateways to the landlocked North Eastern region of India. Development of multi-modal connectivity between North Eastern region of India, Bangladesh and Myanmar has the potential of unleashing tremendous economic energy in the sub-region. SASEC s energy connectivity and energy trade prospects will be enhanced with the inclusion of Myanmar, involving its substantial resources of hyd .....

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