SAFTA to have positive impact for S Asia: ADB-UNCTAD

ASHOK B SHARMA

Posted: Saturday, Mar 29, 2008 at 1844 hrs IST
Updated: Saturday, Mar 29, 2008 at 1907 hrs IST


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New Delhi, March 28: the manufacturing sectors in ABMN were uncompetitive and would suffer output and employment loss, the study said and added that these countries might want to preserve its sensitive list flexibility for a longer period, particularly in apparel.

The ADB-UNCTAD study entitled – Quantification of Benefits from Regional Cooperation in South Asia – has also worked out the welfare benefits and revenue loss in different countries in the region on account of the full implementation of SAFTA. It has also worked out the impact of SAFTA on inward foreign direct investments, transport facilitation and trade in services. ...

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