July 2015

Saarc Chamber Pushes for Seamless Regional Energy Trade

The Indian Express, 30 July 2015
The top industry chamber for South Asia has called for a public-private forum to promote seamless energy trade in the region, the freedom for transit of hydrocarbons via pipelines and the extension of most-favoured nation status between and among the countries. More…

Efforts to boost trade with Pakistan to continue

Hindustan Times, 29 July 2015
Taking cognidance of reports that hurdles still existed at the ICP (Integrated Check Posts) at Attari-Wagah which was not conducive to Indo-Pakistan trade, the co-chairman of Punjab Committee of the industrial body, PHD Chamber of Commerce and Industry, RS Sachdeva has expressed serious concern. More…

Bucking stagnation elsewhere, the quiet rise of South Asia

The Times of India, 28 July 2015
South Asia has long been seen as an economic laggard, but that could start changing. At a time when growth is falling sharply in most other emerging nations, as commodity prices collapse and global trade slows, South Asia has proved relatively resilient. Together, India, Bangladesh, Sri Lanka and Pakistan are now growing at an average annual pace of close to 6%, compared to 2% for the emerging world outside China. More…

Intra-regional trade figures for South Asia disappointing

The Nations, 15 July 2015
Following its vision of empowering positive business thinking and improving cooperation within the region, the Saarc Chamber of Commerce & Industry in collaboration with the Federation of Pakistan Chambers of Commerce & Industry organized the Young Entrepreneurs’ Summit South Asia 2015. More…

The Power of Connecting the Dots

The Daily Star, 4 July 2015
A container usually takes 20-25 days and occasionally even upto 60 days to move from New Delhi to Dhaka, as the maritime route is via Bombay and Singapore/ Colombo to Chittagong Port and then by rail to Dhaka. More…

Motor Vehicles Agreement will connect South Asia’s overland dots

Asia Times, 03 July 2015
Overland connectivity between Bangladesh, Bhutan, India and Nepal is poised to get a significant boost with the four countries signing a Motor Vehicles Agreement (MVA) in the Bhutanese capital, Thimphu. More…

Look East for economic integration

The Tribune, 02 July 2015
AT the SAARC Summit in Kathmandu in 2003, the heads of government proclaimed: “To give effect to the shared aspirations for more prosperous South Asia, the (SAARC) leaders agreed on the vision of a phased and planned process, eventually leading to a South Asian Economic Union”. India’s regional economic integration has been far slower in South Asia, than what has transpired in its relations with ASEAN, with whom India has concluded Free Trade Agreements (FTA), in both goods and services. More…