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South Asian Economic Union

Selim Raihan ()

South Asia Economic Journal, 2015, vol. 16, issue 2_suppl, 3S-18S

Abstract: The path to the South Asian Economic Union (SAEU) will have its own route, based on the contexts prevail in South Asia. The major challenges to move towards SAEU include a reduction in the sensitive list, removal of Non-Tariff Barriers (NTBs), effective and faster implementation of the South Asian Agreement on Trade in Services (SATIS), effective regional investment cooperation, promotion of trade facilitation measures, promotion of regional value chains, cross-border energy cooperation, dealing with informal trade and strengthening institutions. South Asia is at the verge of a new regime of regional integration which has to involve integration in trade in goods and services, integration in economic growth processes, promotion of regional investment and trade nexus, and harmonization of economic and trade policies.

Keywords: Regional integration; South Asia; South Asian Economic Union; NTBs; trade facilitation; regional value chain (search for similar items in EconPapers)
JEL-codes: F14 F15 F17 F21 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:sae:soueco:v:16:y:2015:i:2_suppl:p:3s-18s

DOI: 10.1177/1391561415594727

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