India s trade with saarc nations

Sudarsanan, Pillai P Abstract: The present study reveals that there are enormous opportunities for forging closer economic relations among SAARC countries.

India s trade with saarc nations

March 06, March 05, But a visceral Indo-phobia, shared by many of our influentials, stood in the way of consumers benefiting from the lower priced supply. Because of their unending mutual hostility, South Asia too has become the least integrated region in the world.

Sadly, the most populous region in the world has also remained home to the largest number of poor people in the world.

So near, so far A few striking examples will show how our two countries, which were part of a single seamless socio-economic and cultural entity beforehave now completely drifted apart. There are no direct flights between their capitals — New Delhi and Islamabad.

The frequency of Delhi-Lahore and Mumbai-Karachi flights have become minimal. The Mumbai-Karachi ferry service the two port cities, once part of a single province, are closer to each other than either Mumbai and Delhi or Karachi and Islamabad was stopped after the war.

In this age of information revolution, the number of phone calls between Indian and Pakistani citizens including calls between close relatives of divided families is negligible, mostly out of fear of being questioned by their respective security agencies.

Those who are happy with this status quo have set responses. On the Indian side, it will be said that terror and trade cannot go together. The Narendra Modi government has raised the bar higher — terror and talks cannot go together.

On the Pakistani side, resolution of the Kashmir issue has become a precondition for any substantial bilateral cooperation. But is the status quo benefiting either country?

What is it?

The answer is obvious, except to those arrogant ultra-nationalists who think India now has a seat on the global high table and hence need not care for Pakistan, and to those narrow-minded Pakistani patriots who think they need not care for India since they now have two protectors — China and the Muslim Ummah.

Arms manufacturers and distant destabilisers will profit by this at the cost of common Indians and Pakistanis, who need employment, education, health care and food-and-environmental security.

These needs can be met only through regional cooperation, not regional rivalry. China, part of the solution In other words, can China become a part of the solution, rather than being perceived as a part of the India-Pakistan problem?

What is India-Iran oil trade all about?

Modi has allowed himself to be misled by his advisers on the BRI. Therefore, connectivity, cooperation and economic integration are the only realistic bases for any future India-Pakistan settlement of the Kashmir dispute. Already, Iran, Afghanistan and several Central Asian republics have agreed to join this ambitious regional connectivity project.

India s trade with saarc nations

Will it help or hurt India if it joins this renamed initiative as an equal partner? Will it not connect Lahore and Amritsar also Delhi and the rest of Indiathe two sides of Kashmir which all Kashmir-based political parties wantSindh and southern Punjab with Gujarat and Rajasthan, and Karachi with Mumbai?

And if our leaders show vision, ambition and resolve, the CPEC-plus-India can be linked to the Bangladesh-China-India-Myanmar Corridor, thus creating a grand garland of connectivity and integration for the whole of South Asia.

If divided our subcontinent, here is an opportunity for India, Pakistan and all other countries in the region to come together and rise in shared progress and prosperity.

Regrettably, the same short-sighted advisers who have misled Mr. This is unlikely to take off. Even if it does, its developmental benefits to India will be limited since it will seek to keep China and Pakistan out.

Here is another huge potential gain for South Asia.

Indian Trade Portal.

The proposed connectivity initiative, which would create strong new bonds of regional cooperation and interdependence, could also help resolve three long-standing geopolitical problems in the region, in which countless people have been killed — terrorism, Kashmir and Afghanistan.

To realise this vision of a resurgent South Asia, two obstacles will have to be removed blind nationalism and the unfriendly designs of extra-regional powers. As Karl Marx would have said: You have nothing to lose but your chains; you have a bright new future to win.The SAARC Preferential Trade Arrangement (SAPTA) is the first step in trade liberalization.

However, the scope of SAPTA has to be sufficiently widened in order to derive substantial benefits from preferential trading agreements. Why India. Second in population only to China, India is home to three of the world’s largest cities, each topping 15 million residents.

The country’s open-market economy offers attractive options for both importing and exporting. India is the name given to the vast peninsula which the continent of Asia throws out to the south of the magnificent mountain ranges that stretch in a sword like curve across the southern border.

SAARC: Coming closer together for trade - The Hindu

Secretary General of SAARC delivering opening remarks at the Eleventh SAARC Conference in Police Matters. Home Secretary and Inspector General of Nepal Police also attended the opening session, 11 April , Kathmandu. The South Asian Association for Regional Cooperation (SAARC) is the regional intergovernmental organization and geopolitical union of nations in South Asia.

Its member states include Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka. India occupies 70% of the SAARC region, both geographically and economically, and the remaining six nations of the SAARC borders only with India and not with each other.

As the biggest, and the.

India - Know all about India including its History, Geography, Culture, etc