20-Nov-2009
Economic integration of all the eight South Asian countries posses a challenge to the political leaders of the region.
Though South Asia Free Trade Agreement (SAFTA) was operationalised from July 2006 the intra regional trade increased at a snail space from 3.2% in 1980s to only 5.5% in 2008, which is far below when compared with 58% in NAFTA, 54% in European Union, 25% in ASEAN and 22% in COMESA.
14-Nov-2009
Services market within the Saarc (South Asian Association for Regional Cooperation) region could be liberalized. Trade ministers from Saarc countries have agreed to negotiate on liberalising the services market within the region.
14-Sep-2009
Third SAARC Business Leaders Conclave (SBLC) scheduled for November 22-23,in Colombo, with the theme of ‘Regional Cooperation: a catalyst for socio-economic growth in South Asia’ will aim to provide the right platform for a broader and intense engagement between member governments and South Asian Business community.
10-Sep-2009
Bangladesh Bank governor Atiur Rahman called for freer movements of capital and labour among the first steps for greater financial integration of South Asian nations, speaking at a global banking conference in India on Wednesday.
10-Apr-2009
South Asian Economists and Academics said that integrating the region through services liberalization would require a flexible approach that permits special and differential treatment of least developed countries in the region and also of countries least prepared to open up their services for trade.
5-Apr-2009
South Asia has commenced negotiations in to incorporating trade in services to the South Asia Free Trade Agreement (SAFTA) but a lack of data could slow things down, a senior Economist said.
