Economics, Econometrics and Finance
2 years ago

South Asia's Free Trade Deal Sparks Hope for Regional Unity and Prosperity

Asian Journal of Comparative Law
South Asian Free Trade Agreement and the Possibility of Regional Integration within the SAARC: A Historical, Legal and Economic Analysis
Michael Ewing-Chow, Rizwanul Islam

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The article examines the South Asian Free Trade Agreement (SAFTA) and its potential for promoting regional integration within the SAARC. It discusses how preferential trading agreements like FTAs and RTAs may hinder global trade liberalization efforts. Despite the implementation of SAFTA by seven South Asian nations, regional cooperation in the area remains limited. The paper aims to analyze SAFTA and explore the possibilities for more meaningful collaboration within the SAARC region.