Eight member countries of the South Asian Association for Regional Cooperation (SAARC) have recently concluded the Agreement on South Asian Free Trade Area (SAFTA) and SAARC Agreement on Trade in Services (SATIS). To date, the progress of sub-regional trade integration in South Asia appears to be rather lacklustre. This book critically analyses the international legal aspects of economic integration in South Asia. It argues that although there are economic constraints in bringing about greater economic integration in South Asia, those constraints are not insurmountable. Many of the constraints are merely outcomes of dubious policies pursued by the policy makers in the sub-region and can be tackled with sustained political commitment towards the cause of the South Asian economic integration.
Eight member countries of the South Asian Association for Regional Cooperation (SAARC) have recently concluded the Agreement on South Asian Free Trade Area (SAFTA) and SAARC Agreement on Trade in Services (SATIS). To date, the progress of sub-regional trade integration in South Asia appears to be rather lacklustre. This book critically analyses the international legal aspects of economic integration in South Asia. It argues that although there are economic constraints in bringing about greater economic integration in South Asia, those constraints are not insurmountable. Many of the constraints are merely outcomes of dubious policies pursued by the policy makers in the sub-region and can be tackled with sustained political commitment towards the cause of the South Asian economic integration.
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