Intra region trade: A regional perspective among SAARC countries
Published: Jul 30, 2014
Photo: Prasad
Abstract: The intra-regional trade among the South Asian Association for Regional Cooperation (SAARC) countries is exceedingly low as compared to the European and South East Asian countries. According to the Federation of Indian Chambers of Commerce and Industry (FICCI) report, ‘The South Asian Century: Progressing Towards Regional Integration - A Study’, 2014, there is a lot of untapped economic opportunity within South Asia while there is also high dependence on extra-regional trade and investment.
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It is a mechanism by the UNFCCC with the objectives of mitigating climate change through reducing emissions of greenhouse gases through enhanced forest management.