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The South Asian Association for Regional Cooperation was officially established in December 08, 1985. The South Asian Free Trade Area (SAFTA) enter into force on July 01, 2006 under the umbrella of SAARC. From the same platform the SAARC Agreement on Trade in Services enter into force on...
Persistent link: https://www.econbiz.de/10013015455
Though South Asia covers 4,488,300 sq kms of the world's surface area with a population of 1.5 billion, still it has only a negligible share of the world's total volume of trade. Most of the people of this region are living below the poverty line. Only mutual initiatives towards economic...
Persistent link: https://www.econbiz.de/10013160065
Last month I was in Singapore to join an international seminar on 'Pan Asian Integration' but before that we must be integrated in South Asia to facilitate integration with East Asia. The South Asian Association for Regional Cooperation (SAARC) is mandated for poverty alleviation through trade...
Persistent link: https://www.econbiz.de/10013158549
The South Asian Association for Regional Cooperation (SAARC) is mandated for poverty alleviation through trade and economic co-operation in the region. It did not gain momentum up to the desired level. Intra-SAARC trade remained low even after 23 years of SAARC's inception. The foreign direct...
Persistent link: https://www.econbiz.de/10013158952
Globalization polarized the world and made international trade very competitive. Each and every country is trying to exploit whatever trade opportunities are available. The World Trade Organisation (WTO) contracting countries are facing various barriers to trade promotion. Due to bureaucratic...
Persistent link: https://www.econbiz.de/10013159541
A complete economic integration can offer better standard of living with common trade policy, single currency, common monetary policy, together with a single fiscal policy, including common tax and benefit rates, complete harmonization of all policies, rates, and economic trade rules. Thus a...
Persistent link: https://www.econbiz.de/10012843959
The South Asian Association for Regional Cooperation (SAARC) was established in 1985 with a view to strengthen cooperation among the nations. Long 25 years has gone but how much its objectives were achieved. South Asian leaders were meeting for 16 times and committed a lot but how many of the...
Persistent link: https://www.econbiz.de/10013143130