ISSN No: 2231-5063
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Article Name :
INDIA'S TRADE WITH SAARC COUNTRIES: AN ANALYSIS
Author Name :
Kiran. R , K. Subashini and M. K.Nagamani
Publisher :
Ashok Yakkaldevi
Article Series No. :
GRT-3748
Article URL :
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Abstract :
SAARC countries are a large regional block with huge potential but achievement in regional cooperation so far is insignificant. The results show that the region is engaged in trade with the outside world and not within the economies of the region. India's trade with SAARC countries is not very impressive. SAARC countries need to have adequate physical infrastructure. Trade policy of SAARC countries, need to ensure that SAFTA ensures trade creation rather than trade diversion from the region as observed by many researchers. It is also noticed that while trade promotes growth, GDP growth also attract more participation in international trade.
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