ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by Jayanthi ThennakoonSubscribe to Jayanthi Thennakoon

SAFTA: Myth of Free Trade

The South Asian Free Trade Agreement has begun with an even more limited approach to liberalising trade than anticipated. Nearly 53 per cent of import trade amongst south Asian countries, by value in 2004, is excluded from the liberalisation of tariffs proposed under SAFTA. The relevance of the treaty is likely to become even more diluted over time as bilateral free trade agreements in the region that are already more liberal are implemented earlier.

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