SAFTA


India softens stance on Bay of Bengal free trade agreement
Softening its earlier stand, India has decided to conclude a low-ambition free trade agreement with the seven-nation grouping Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation, or Bimstec.
Dhaka decides to protest Delhi's anti-dumping investigation
Dhaka has decided to protest the New Delhi's action relating to allegation of dumping jute goods and hydrogen peroxide (H2O2) by Bangladesh, officials have said.
Sitharaman bats for early implementation of SAFTA
Commerce and industry minister Nirmala Sitharaman made a strong pitch for greater integration of the South Asian region, even as she underscored the need for speedy implementation of the South Asian Free Trade Agreement (Safta) agreement.
India’s act ‘breaches’ int’l conventions, agreements
Experts have termed India’s unofficial trade blockade on Nepal as a breach of international conventions and multilateral agreements that both Nepal and India have signed.
Regional integration, private sector to help South Asia boost growth: Report
Increasing regional integration through enhanced role of private sector and cooperation in areas like trade, energy security and connectivity will help South Asian nations boost economic growth, says a report.
Private sectors of Sri Lanka, Pakistan urged to forge deeper links to boost trade
Pakistan and Sri Lanka are important partners not only in promoting bilateral trade and economic interactions but also enhancing regional economic integration through SAARC and SAFTA.
'A well-conceived trade pact can open up opportunities for textile exporters'
The Indian textile industry as well as the policy makers are too focused on export incentive scheme for export promotion
Afraid of free trade
Diplomacy in South Asia is given over to give-no-quarter bureaucrats, who cleave to a nationalism that continues to trump economics.
Zero tariff for 10 categories of Indian imports
Despite the adverse impact on local industries, the Government has allowed tariff-free imports on ten categories of Indian goods, which had hitherto remained in the negative list under the Indo-Sri Lanka Free Trade Agreement, Daily Mirror learns.
No assurance on MFN from Pak
No assurance was given by the Pakistan government on Tuesday for granting India the Most Favoured Nation trade status, almost a year after it missed the deadline to do so in order to normalise bilateral trading relations.