INDIA TRADE WITH SAARC COUNTRIES
Journal: IMPACT : International Journal of Research in Humanities, Arts and Literature (IMPACT : IJRHAL) (Vol.4, No. 12)Publication Date: 2016-12-30
Authors : SHIVANI SAXENA;
Page : 73-84
Keywords : Trade and Trade Policy;
Abstract
The assay of trade betwixt the countries is a stirring phenomenon in international trade. Rehashing the trend is somehow higher. According to this study an assay made between India and SAARC. An assay is formed around the new bent in India's business relation with SAARC countries. The South East Asian Association for Regional Cooperation (SAARC) is regional Inter-Governmental Organisation and geo political union in South East Asia. Its member States includes Afganistan, Bangladesh, Bhutan, India, Nepal, Maldives, Pakistan, Srilanka. SAARC comprises 3% of the world Area 21%of the World total population and 9.12% of the total economy as of 2015. This organization organized for the welfare, and developmental of economical and regional integration. It launched the South Asian Free Trade Area in 2006. Saarc maintain the permanent diplomatic relation with its multilateral entities including European commission... However, SAFTA is the first step taken By SAARC in the era of regional trade bloc and an economic union. There is much speculation and its favourable effect on international trade. Focusing on the analysis of SAARC, this paper was trying to Study the Macro Economic Overview of SAARC Countries till 2015To Study the Trade Performance of India with special refrence to SAARC countries till 2012-13. And to study the trade basket of India with reference to SAARC Countries
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