Regional Integration in South Asia

Trends, Challenges and Prospects

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Regional Integration in South Asia: Trends, Challenges and Prospects presents an objective assessment of trade and economic co-operation among South Asian nations and highlights policy issues to foster regional integration. The analyses presented in this volume go beyond the usual discussions on trade-in-goods to provide insightful perspectives on potential new areas of co-operation, emerging challenges, and country-specific views on regional and bilateral trade co-operation issues.

Written by influential analysts and researchers, the volume’s 24 chapters include perspectives from Bangladesh, India, Maldives, Nepal, Pakistan and Sri Lanka, and examinations of new areas of co-operation such as investment, regional supply chains, energy and cross-border transport networks.



Tariff and Non-tariff Barriers in South Asia Trade: A Bangladesh Perspective

Regional co-operation leading to economic integration in South Asia in the form of intra-regional trade and investment was uppermost in the minds of South Asian leaders who gathered to form the South Asian Association for Regional Cooperation (SAARC) in December 1985. Since then, top political leaders of member countries have met in summits more than 16 times. Yet, after 27 years of SAARC, 17 years of SAARC Preferential Trading Arrangement (SAPTA), and another 7 years of SAFTA, with its concomitant Trade Liberalization Programme (TLP), progress on the ground has faltered in the area of trade and investment under the regional accord umbrella.1 This has happened despite several institutional processes having been put in place, such as periodic summits of policy-makers and officials with the objective of removing barriers to trade and investment.


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