Regional Integration in South Asia

Trends, Challenges and Prospects

image of Regional Integration in South Asia

Regional Integration in South Asia: Trends, Challenges and Prospects presents an objective assessment of trade and economic co-operation among South Asian nations and highlights policy issues to foster regional integration. The analyses presented in this volume go beyond the usual discussions on trade-in-goods to provide insightful perspectives on potential new areas of co-operation, emerging challenges, and country-specific views on regional and bilateral trade co-operation issues.

Written by influential analysts and researchers, the volume’s 24 chapters include perspectives from Bangladesh, India, Maldives, Nepal, Pakistan and Sri Lanka, and examinations of new areas of co-operation such as investment, regional supply chains, energy and cross-border transport networks.



The Way Forward on Tariffs, Non-tariff Barriers, SAFTA, Bilateral Free Trade Agreements: The Case Study of Sri Lanka

The forces of globalisation have led to the freer movement of goods, services and capital (if not labour) across borders. Even though South Asia continues to be the least integrated region in the global economy, considerable liberalisation in trade in goods, services and investment flows has nevertheless taken place. Among the South Asian countries, Sri Lanka stands out as an early liberaliser, since it initiated economic reforms in 1977. Much of this liberalisation today is not only taking place multilaterally under the World Trade Organization (WTO), but regionally and bilaterally. It is also apparent that, in parallel with lowering of tariff barriers, more opaque non-tariff barriers (NTBs)/measures have emerged as the main ‘behind the border’ instrument restricting the free flow of goods and services.


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error