The South Asia Free Trade Agreement (SAFTA) PDF Download

Author: Bibek Debroy
Publisher:
ISBN:
Category : Free trade
Languages : en
Pages : 42

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Author: Yasir Hussain
Publisher: Epitome Books
ISBN: 9380297025
Category : Free trade
Languages : en
Pages : 194

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Book Description
South Asian Free Trade Area (SAFTA), still in infancy compared to other regional arrangements, promises to take SAARC to new heights. Signed on 6 January 2004, it came into force on 1 January 2006. It aims at promoting and enhancing mutual trade and economic cooperation among SAARC countries. This book attempts to analyze whether SAFTA is likely to emerge as a success story in terms of greater flow of goods and services as well as in promoting economic integration in South Asian region. Also, it examines the emerging challenges facing the SAFTA. The texts of the Agreement on South Asian Free Trade Area and SAFTA Rules of Origin have been annexed as well.

Author: Rizwanul Islam
Publisher: Martinus Nijhoff Publishers
ISBN: 9004218963
Category : Law
Languages : en
Pages : 359

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Book Description
This book analyses the South Asian preferential trade agreements with reference to the WTO jurisprudence. It offers a comprehensive analysis of the factors undermining economic integration in South Asia and recommends possible ways for confronting them.

Author: Anshu Man Gupta
Publisher:
ISBN:
Category : Free trade
Languages : en
Pages : 144

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Book Description
The Book Explores The Potentialities Of Economic Cooperation Among The Countries Of The South Asian Region Under The Aegis Of South Asian Association Of Regional Cooperation (Saarc). It Underscores The Imperatives Of Forging A Successful Regional Trading

Author: Md. Rizwanul Islam
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Although the Agreement on South Asian Free Trade Area (SAFTA) was signed in January 2004, it has not substantially contributed to the expansion of regional trade among its contracting states. This article shows how a number of bilateral preferential trade agreements (PTAs) between SAFTA parties act as formidable stumbling blocks against the expansion of intra-SAFTA trade and must be abolished. It critically analyzes SAFTA's constraints, including areas that SAFTA over- and under-regulates, that militate against the expansion of intra-SAFTA trade. Finally, it advocates that SAFTA must be more ambitious in its scope by adding provisions that will help attract foreign direct investment (FDI) and build coalitions for World Trade Organization (WTO) negotiations.

Author: Jose Daniel Rodríguez-Delgado
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 32

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Book Description
The paper evaluates the South Asia Free Trade Agreement (SAFTA) within the global structure of overlapping regional trade agreements (RTAs) using a modified gravity equation. First, it examines the effects of the Trade Liberalization Program which started in 2006. SAFTA would have a minor effect on regional trade flows and the impact on custom duties would be a manageable fiscal shock for most members. Second, the paper ranks the trade effects of other potential RTAs for individual South Asian countries and SAFTA: RTAs with North American Free Trade Agreement (NAFTA) and the European Union (EU) dominate one with the Association of South East Asian Nations (ASEAN).

Author: Owais Hasan Khan
Publisher: Springer Nature
ISBN: 9813367776
Category : Law
Languages : en
Pages : 221

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Book Description
This book brings forth the philosophical, conceptual and practical contours of the trade regionalism provisions under the GATT/WTO. It analyses SAARC as the regional integration organisation of South Asia along with identifying major challenges and bottlenecks faced by it in the process of achieving regional integration. It presents ways and methods through which SAARC can be made a more effective regional organisation. The book predominantly focuses on trade regionalism. However, other areas of integration which have impacts on the trade regionalism are also examined like social and political integrations etc. The book takes off from the premise that trade regionalism under SAARC has failed and has been marred by political and security concerns among its member nations. It has failed to achieve its objective on all the three counts, which are promoting peace, development and economic cooperation. However, with the developing countries as members, SAARC has great potential for trade integration. Certain structural, normative and organisation alteration along with favourable ideation can still make SAARC achieve its full potential. The book also deals with the comparative analysis of SAARC regional integration with the regional integration under European Union and ASEAN. Regarding comparative regionalism, the discussion has been confined only to the EU and ASEAN. The EU has been chosen because it is comparatively established as one of the most successful regional organisations in the contemporary world. Whereas, ASEAN has been chosen because of its similarity to the SAARC’s economy, society and political structure. The analysis presented in the book is from the perspectives of international law and international relations’ theories and practise. This book thus is of particular relevance to the students, researchers, academicians, policymakers and practitioners of international trade law, international relations and South Asian studies.

Author: Shakeel Ahmad Ramay
Publisher:
ISBN:
Category : Free trade
Languages : en
Pages : 20

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Author: Raj Pruthi
Publisher:
ISBN:
Category : Customs unions
Languages : en
Pages : 298

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Book Description

Author: Tercan Baysan
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
The authors examine the economic case for the South Asia Free Trade Area (SAFTA) Agreement signed on January 6, 2004 by India, Pakistan, Bangladesh, Sri Lanka, Nepal, Bhutan, and the Maldives. They start with a detailed analysis of the preferential trading arrangements in South Asia to look at the region's experience to date and to draw lessons. Specifically, they examine the most effective free trade area in existence-the India-Sri Lanka Free Trade Area-and evaluate the developments under the South Asian Preferential Trade Area (SAPTA). The authors conclude that, considered in isolation, the economic case for SAFTA is weak. When compared with the rest of the world, the region is tiny both in terms of economic size as measured by GDP (and per capita incomes) and the share in world trade. It is argued that these facts make it unlikely that trade diversion would be dominant as a result of SAFTA. This point is reinforced by the presence of high levels of protection in the region and the tendency of the member countries to establish highly restrictive "sectoral exceptions and sensitive lists" and stringent "rules of origin." The authors argue that the SAFTA makes sense only in the context of a much broader strategy of creating a larger preferential trade area in the region that specifically would encompass China and the member nations of the Association of South East Asian Nations. In turn, the case for the latter is strategic: the pursuit of regionalism in the Americas and Europe has created increasing discrimination against Asian exports to those regions, which must inevitably affect the region's terms of trade adversely. An Asian bloc could be a potential instrument of changing incentives for the trade blocs in the Americas and Europe and forcing multilateral freeing of trade. Assuming that the SAFTA Agreement is here to stay, the authors suggest steps to ensure that the Agreement can be made more effective in promoting intra-regional trade, while minimizing the likely trade-diversion costs and maximizing the potential benefits.