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Bi-lateral FTAs, RTAs and Unilateral Liberalization:The South Asian Trade Highways

Bi-lateral FTAs, RTAs and Unilateral Liberalization:The South Asian Trade Highways

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Published by imad rehman
The South Asian Trade Highways
The South Asian Trade Highways

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Published by: imad rehman on Jul 07, 2012
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07/10/2012

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The Emerging Trade Issues in South Asia
Regional
Bilateral
Domestic
Multilateral
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Gains from RTA/Bilateral FTA
Static vs. Dynamic gains
When initial trade is very small or insignificantthen the predictions about gains becomeproblematic
Trade diversion and trade creation
Informal sector: which are not properly takeninto account because of lack of information
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South Asian Free Trade Area (SAFTA)
In early 2004, the South Asia Free TradeAgreement (SAFTA) was signed.
SAFTA has come into force from 1 July 2006,with the aim of reducing tariffs for intraregionaltrade among the 7 SAARC members.
4

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