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Examples are the Greater Mekong Subregion (GMS), Central Asia Regional Economic Cooperation (CAREC), and South Asia Subregional Economic Cooperation (SASEC) programs. ADB has facilitated the creation of these cooperation programs and continues to support them by acting as financier, honest broker, and knowledge provider/capacity builder.
Guidance Note on Fostering Regional Cooperation and Integration for Recovery and Resilience (January 2022) Advocates for a wider, deeper, and more open RCI. Identifies RCI opportunities in key emerging themes that underpin the goals of inclusive, sustainable, and resilient recovery. Digital connectivity as a core component of the note.
Sep 28, 2022 · The Third Ministerial Conference on Regional Economic Cooperation and Integration in Asia and the Pacific will focus on how regional economic cooperation and integration through market integration in terms of trade and investment value chains and seamless connectivity in terms of transport, energy, and ICT, can enable resilience to future crises, in an inclusive and sustainable manner.
ASEAN is the fastest growing Internet market in the world. With 125,000 new users coming onto the Internet every day, the ASEAN digital economy is projected to grow significantly, adding an estimated $1 trillion to regional GDP over the next ten years. But many significant roadblocks stand in the way of realizing this potential. ASEAN has laid out important policy measures and frameworks ...
Nov 28, 2022 · “Globalization has helped deliver extraordinary outcomes to the developing world, but with increased economic and financial interdependence comes a need for stepped-up cooperative efforts to tackle common challenges,” said Cyn-Young Park, Director, Regional Cooperation and Integration Division of the Asian Development Bank (ADB) Economic ...
The region's digital economy, including e-commerce, had a gross merchandise value estimated to be at least US$200 billion in 2022, employing 160,000 skilled workers and indirectly supporting 30 million jobs. 213 In 2022, regional digital platforms enabled over 20 million merchants and 6 million restaurants to sell products online. 214 The ...
China–ASEAN relations have become the most successful and dynamic model of Asia-Pacific regional cooperation. Under the test of the COVID-19 epidemic, China and ASEAN have helped each other to overcome the difficulties, with bilateral cooperation deepened and political mutual trust strengthened.
