Enhancing Regulatory Cooperation For Agricultural Trade In The Greater Mekong Subregion

Trade facilitation of agri-food products can potentially reduce trade barriers, lower transaction costs, foster efficiency along the supply chains, and reduce poverty in the Greater Mekong Subregion (GMS). A comprehensive analysis of a range of policy options that influence trade behaviors of selected agri-food products in the GMS will help policy makers in their decision making. This agriculture trade facilitation plan lays out systematic ways to increase movement and flow of agri-food products and their impacts on the GMS sector. It proposes that the GMS adopt a cluster approach to trade facilitation and develop itself into regional hubs of agri-food trade.

The Greater Mekong Subregion Economic Cooperation Program Strategic Framework 2030 (GMS-2030) aims to strengthen regional cooperation and integration in critical areas. GMS-2030 builds upon recognized strengths with a project-led approach that will benefit the community, support connectivity, and improve competitiveness. It also emphasizes the challenges of the coronavirus disease and aims to ensure that government strategies are conducive to a robust recovery in the medium term and beyond. Based on decades of success and program experience, GMS-2030 provides continuity, but will be updated, as necessary, to reflect evolving global or regional forces that may impinge on GMS development prospects.

As the Greater Mekong Subregion (GMS) has made considerable progress in food security, addressing health, safety, and environmental concerns is also essential. The strategy and action plan will strengthen the commitment to food security, increase market access for small producers, and ensure inclusive food safety for the GMS. It aims at achieving the GMS vision of being a leading global supplier of safe and environment-friendly agriculture products through four pillars: policies, infrastructure, knowledge, and marketing.

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.

The Greater Mekong Subregion (GMS) Economic Cooperation Program will begin its third decade in 2012. Since its inception, the program has achieved noteworthy successes in fostering cooperation in a region that, at the commencement of the program, was emerging from a period of prolonged conflict. The program has built a reputation as a flexible, results-oriented, project-delivering vehicle for promoting regional cooperation and contributing to economic growth and poverty reduction as well as to the provision of regional public goods. Increased recognition of the benefits of regional cooperation is manifested in the evolution of regionalism both in Asia and more broadly. New institutions have emerged while others have become more vigorous. Within this context of evolving regionalism, the GMS Program remains highly relevant. The start of a new decade is an opportune time for the GMS Program to assess its achievements and develop this new strategic framework for 2012–2022. The new strategic framework builds on the substantial progress the program has made and the likely global and regional trends. It also builds on the commitment that member countries have made in their national development plans to the promotion of regional integration, and will guide the efforts of member countries to steer the program during the new decade to the next level in terms of results.

This book reviews progress with regional cooperation and integration in Asia and the Pacific and explores how it can be reshaped to achieve a more resilient, sustainable, and inclusive future. Consisting of papers contributed by renowned scholars and Asian Development Bank staff, the book covers four major areas: public goods, trade and investment, financial cooperation, and regional health cooperation. The book emphasizes how the region can better leverage regional integration to realize its vast potential as well as overcome challenges such as the coronavirus disease (COVID-19) pandemic.