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China-Laos rail link on track to boost trade, tourism_InKunming


A Lao New Year parade is held in Luang Prabang, Laos, in April 2019. [Photo/Xinhua]
Both countries to benefit from multibillion-dollar project
Modern railways benefit a country s economy in many different ways. To name a few, they make it easier for bulky goods to be transported over long distances, reduce travel time between villages and cities and provide varying degrees of comfort for travelers.
For Benny Kong, 33, a hotel owner and co-founder of a tour company in Laos, a new rail line is poised to bring more domestic and international tourists to the country.
Kong, a Singaporean who lives in Laos, set up the MyLaoHome boutique hotel 14 years ago after a backpacking trip to Laos, during which he discovered there was demand for hotels in Luang Prabang, a former Laotian capital and a World Heritage Site listed by the United Nations Educational, Scientific and Cultural Organization. ....

Krung Thep Mahanakhon , Republic Of , Luang Prabang , Mekong River , Vietnam General , Laem Chabang , Chon Buri , Benny Kong , Dalavanh Sibounma , Xiao Qianwen , Jia Duqiang , Asian Railway , Engineering Group , Cultural Organization , Foreign Studies University School Of Asian , World Bank , Regional Comprehensive Economic Partnership , China Railway Co , Commission For Asia , China Railway No , Association Of Southeast Asian Nations , Chinese Academy Of Social Sciences , Asian Railway Network , United Nations World Tourism Organization , Lao New Year , World Heritage Site ,

Seamless connectivity imperative for recovery from pandemic in South Asian's BBIN sub-region


Seamless connectivity imperative for recovery from pandemic in South Asian s BBIN sub-region
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This will make the movement of their goods as well as people resilient to future shocks but will also increase the sub-region s transport and logistics competitiveness, along with expanding connectivity prospects for Bhutan and Nepal.
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As countries of the BBIN sub-region - Bangladesh, Bhutan, India, Nepal - adapt to Covid-19 shocks, infrastructure investments, institutional and digital trade facilitation measures that facilitate greater interoperability among railways, inland waterways, coastal shipping, highways and aviation networks are needed for a robust, sustainable and resilient recovery.
This will make the movement of their goods as well as people resilient to future shocks but will also increase the sub-region s transport and logistics competitiveness, along with expanding connectivity prospects for Bhutan and Nepal. ....

United Kingdom , Arnab Bandyopadhyay , Azhar Jaimurzina , Purushottam Ojha , Unnayan Shamannay , Bhimlal Suberi , Tadateru Hayashi , Pritam Banerjee , Bipul Chatterjee , Operations Coordination Division , Connectivity Programme Of The United Kingdom Foreign , Nepal Economic Forum , Communications Institute , Asia Department , Planning Division , World Bank , Development Office , Asian Development Bank , Commission For Asia , Division Of The Asian Development Bank , Asian Railway Network , Ministry Of Information , Sports Network , Cross Border Paperless Trade , Facilitation Agreement , Executive Director ,

Connect to trade


Connect to trade
Connect to trade
Pandemic has exposed numerous roadblocks to global trade and could even hasten the end of inefficient, paper-based customs procedures.
published :
1 Feb 2021 at 12:30
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Every country trades in goods and services. Not only does trade fuel economic growth and provide jobs, it also raises the living standards of citizens.
However, the prolonged Covid-19 pandemic has had a ripple effect throughout global trade and related activities, forcing governments and international organisations to put their heads together to build back a better future.
After the deep slump brought on by the pandemic in the second quarter, global merchandise trade rose 11.6% in the third quarter of 2020 thanks to eased lockdowns and production resumption in electronics, textiles and automotive parts, according to World Trade Organization (WTO) data. ....

Kunio Mikuriya , Norbert Kouwenhoven , Sabrina Varma , Azhar Jaimurzina Ducrest , Ronald Butiong , Sebastian Bolesch , Jasurbek Choriyev , Asia Pacific , Tipu Munshi , Bambang Susantono , World Health Organization , World Trade Organization , World Customs Organization , Commission For Asia , Asian Development Bank , Australian Department Of Foreign Affairs , Asian Railway Network , Development Unctad , Oceania Customs Organisation , Division At Escap , United Nations Economic , Social Commission , Transport Division , Trans Asian Railway Network , Asia Highway Network , South Asian ,