South-South and Triangular Cooperation > Asian Development Bank

South-South cooperation initiatives are part of the partnerships and regional cooperation TCB-related services. Regional cooperation, which is how ADB terms South-South cooperation, is a strategic agenda as well as a core area of the Bank’s operations. South-South cooperation and partnerships thrive because they provide opportunities for developing countries to jointly find solutions to common problems.

ADB has found that project-based cooperation among neighboring developing countries results in more market opportunities, access to information for landlocked countries and remote areas, and increased interaction among people and communities. To illustrate, ADB’s subregional programs provide strong support for trade facilitation initiatives. South-South cooperation and peer-to-peer learning among developing countries is emerging as relevant, effective and efficient, with good chances of sustainability. As such, South-South cooperation should be seen as complementary to North-South cooperation, rather than a “competitor” or “substitute” model.

http://www.adb.org/news/speeches/south-south-cooperation-and-capacity-development

Other specific examples include:

  • The Asia-Pacific Trade Facilitation Forum (APTFF), which has been jointly organized by ADB and UNESCAP annually since 2009, aims to promote trade facilitation as an important component in national and regional development strategies. Countries benefit from participating in the APTFF platform by sharing experiences with one another and with other regions on trade facilitation initiatives, and learning about the latest trends and tools to improve efficiency in this area. http://www.unescap.org/tid/projects/tfforum12.asp
  • The SASEC Information Highway project supported by ADB provides, among other things, broadband access to 110 rural communities in four countries (Bangladesh, Bhutan, India, Nepal) and directly connects communities for local networking and information sourcing and trade facilitation.
  • A project to identify and promote regional supply chains, with funding of US$ 400,000 from the Commonwealth Secretariat and ADB was completed in 2012 for South Asia. Studies conducted identified potential supply chains in the region in two sectors, namely, the agro-processing industry and the leather industry. At the regional industry consultation organized by The Economic Cooperation and Integration of Developing Countries (ECIDC) unit of UNCTAD in Chennai, India, the first-ever regional industry association -- the Leather Industry Association of South Asia (LIASA) -- was established to pursue regional supply chain and other collaboration. http://unctad.org/en/pages/newsdetails.aspx?OriginalVersionID=303
  • Communities of Practice (COP) models such as the Capacity Development for Development Effectiveness initiative and the COPs for Managing for Development Results in Asia and Africa are excellent examples of South-South cooperation. Countries in both regions have supported each other through various initiatives as a part of these gatherings.
  • The IDB and ADB have joined forces to increase South-South cooperation across the Pacific through sharing good development practices and promoting member countries’ cooperation in areas such as integration, trade facilitation and customs collaboration, integration corridors, telecommunications for development, inclusive business, and conditional cash transfers and social inclusion.

The two regional development banks have decided to undertake this joint initiative to expand their catalyzing role in the exchange of knowledge and best practices between the countries and subregions of Latin America and the Carribean and those of developing Asia. This South-South cooperation will be undertaken through joint capacity-building initiatives and training programmes, interregional policy dialogue, expert forums and communities of practice, sharing of best practices, and professional and operational exchanges between countries of the two regions. This partnership will seek to add value to the strategic operations of both banks in the context of their respective general capital increases with a particular emphasis on project identification and design, further catalyzing the transmission of knowledge to client countries.

http://www.iadb.org/en/topics/trade/idb-and-adb-join-forces-to-increase-south-south-cooperation-across-the-pacific,7000.html