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Nepal, a landlocked country, relies on transit access from neighbouring countries to participate in international trade. For Nepal, the nearest sea-port is that of Kolkata in India and the transit arrangements between the two countries are governed by two main legal instruments: India-Nepal...
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Trade and transport facilitation are vital for increasing countries' international trade and it is important to ensure that the measures implemented to facilitate trade are effective. One of the crucial factors behind the successful implementation of trade and transport facilitation is ensuring...
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Improvements in the land route between India and Pakistan can help lower transaction costs which can play in important role in realizing the trade potential between the two countries. Connecting India and Pakistan by the land route offers gains not only to the two countries but would spread over...
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Trade facilitation measures improve the trading environment by reducing transaction costs and thereby increasing the gains from trade. Although the use of trade facilitation measures for tackling trade bottlenecks has gained traction in recent times, one aspect which remains largely unexplored...
Persistent link: https://www.econbiz.de/10011775008
Services are a major component of global gross domestic product and employment, and a rising component of global trade and investment flows. This is the largest sector of the Indian economy contributing significantly to economic growth and foreign investment flows. India is among the top ten...
Persistent link: https://www.econbiz.de/10011747598
During the last few decades, India’s trade with the Latin American and Caribbean (LAC) countries has grown substantially, especially in the area of Information Technology (IT) services. The definition of IT services now includes a plethora of IT-enabled services (ITeS) directed to specific...
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Economic integration in South Asia is governed by India's relations with the other economies of the region and it is also at the helm of all trade facilitation and transit issues of the region. Concessions given by India under SAFTA for LDCs have greatly benefitted Bangladesh and concessions to...
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