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South Asian Economic Union

Author

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  • Selim Raihan

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.

Suggested Citation

  • Selim Raihan, 2015. "South Asian Economic Union," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 16(2_suppl), pages 3-18, September.
    • Handle: RePEc:sae:soueco:v:16:y:2015:i:2_suppl:p:3s-18s
    DOI: 10.1177/1391561415594727
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    References listed on IDEAS

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    1. Samantak Das & Sanjib Pohit, 2006. "Quantifying Transport, Regulatory and Other Costs of Indian Overland Exports to Bangladesh," The World Economy, Wiley Blackwell, vol. 29(9), pages 1227-1242, September.
    2. Sanjib Pohit & Nisha Taneja, 2003. "India's Informal Trade with Bangladesh: A Qualitative Assessment," The World Economy, Wiley Blackwell, vol. 26(8), pages 1187-1214, August.
    3. Nisha Taneja & Muttukrishna Sarvananthan & Binod K. Karmacharya & Sanjib Pohit, 2004. "India's Informal Trade with Sri Lanka and Nepal: An Estimation," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 5(1), pages 27-54, March.
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    Citations

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    Cited by:

    1. Zahid Shahab Ahmed & Musharaf Zahoor, 2015. "Afghanistan in SAARC," South Asian Survey, , vol. 22(2), pages 171-188, September.
    2. Raihan, Selim, 2017. "Enhanced Regional Economic Cooperation through Dealing with NTMs in the BBIN Sub-Region in South Asia: A Political Economy Approach," MPRA Paper 110470, University Library of Munich, Germany.
    3. Sher Singh Verick, 2016. "Manufacturing and jobs: is India different?," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 59(1), pages 57-84, March.

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    More about this item

    Keywords

    Regional integration; South Asia; South Asian Economic Union; NTBs; trade facilitation; regional value chain;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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