ISDS Case Map
SAFTA
India and Pakistan will be able to trade directly without the help of third-country destinations once the South Asian Free Trade Agreement (SAFTA) comes into force from January 1.
Both government and private sector are showing lackluster preparation for implementing the South Asian Free Trade Agreement (SAFTA), even as the date is approaching for the formal enforcement of the agreement in Nepal.
As a new sub-regional group, the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is making its presence felt in this part of the world.
South Asia Free Trade Agreement (SAFTA) will come into effect from January one next, Lok Sabha was informed today.
While the temptation exists to conclude as many FTAs as possible - in line with the global trend - India's aspirations to become a global power will not amount to much unless it defends its exclusive zone of influence in South Asia against China.
The current state of play in the Doha Round negotiations underlines the importance of stronger bilateral and regional trading agreements for India. As of now, India has concluded trading agreements with Sri Lanka, Thailand and Singapore. In the regional context, Safta and Bimstec are yet to really takeoff.
Move over World Trade Organization (WTO), regional trade arrangements are here to rule.
There has been a spate of trade agreements signed between countries in recent years - from the same region and even beyond. And this may not necessarily have to do with the fact that it has been a tough going for the multilateral trading system. Regionalism may have its own dynamics.
The Committee of Experts of the South Asian Association for Regional Cooperation (SAARC) have decided to meet for yet another round and forward the outstanding issues of South Asia Free Trade Area (SAFTA) to political level for final decision, a Nepali government official said Wednesday.
Sri Lanka's Commerce Department says all recently started trade negotiations will go on hold over the rest of the year, until priority commitments are sorted out.
