South Asia Subregional Economic Cooperation

Founded	2001
Type	Subregional program
Headquarters	Manila, Philippines
Region served	South Asia Southeast Asia
Membership	Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, Sri Lanka
Website	http://www.sasec.asia

The South Asia Subregional Economic Cooperation (SASEC) Program, set up in 2001, brings together Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, and Sri Lanka in a project-based partnership to promote regional prosperity by improving cross-border connectivity, boosting trade among member countries, and strengthening regional economic cooperation.^[1] As of June 2020, SASEC countries have implemented 61^[2] regional projects worth over $13 billion in the energy, transport, trade facilitation, economic corridor development, and information and communications technology (ICT) sectors. The Manila, Philippines-based Asian Development Bank (ADB) serves as the Secretariat for the SASEC member countries.