Trade and Investment Facilitation

Rapid population growth, aging populations, climate change, and urban migration just among trends that will shape transport systems and significantly alter mobility in the region.

The average implementation rate in ASEAN is 79%, higher than the Asia–Pacific regional average of 64.9%.

Connecting central banks and securities depositories within a blockchain network will make cross-border transactions more efficient and secure.

Uneven benefits from tariff concessions seen for member states but still advantageous overall.

The virtual webinar on 16 December discussed initiatives and opportunities for deepening cooperation.

Key infrastructure projects have increased 65% to 88 since 2017, showing countries’ commitment to boost connectivity.

BEBC keen to be growth engine in reviving the economies of member countries, says chairman.

The 24th Ministerial Meeting reports that investments rose more than 30% while 16 priority projects were completed despite COVID-19.

Foreign investments in the digital economy, including Industry 4.0 technologies, and infrastructure remain strong.

At a virtual forum, top officials from BIMP-EAGA countries talked about energy cooperation, including the supply of clean and affordable electricity across borders.