The Asian Development Bank (ADB) and the Federation of Indian Chambers of Commerce and Industry (FICCI) have published the report, “Key Proposals for Harnessing Business Opportunities in South Asia.” The study outlines small, actionable steps in eliminating trade and investment barriers that will go a long way to deepening South Asia economic integration and improving the business environment. Among the measures proposed are:
-Expanding the SAARC visa exemption scheme
-Adopting a SAARC regional motor vehicular agreement
-Dealing with non-tariff barriers
-Improving land customs stations
-Promoting intra-regional investment
All these measures will help unlock the region’s vast economic potential.
Read the full text of the report here.