Search Result for : Saarc Summit

Heart Versus Head? Let The Heart Win!

If one goes by statistics, withdrawal of MFN status by India will not have a significant impact on Pakistan. Manish K. Pandey | The Dollar Business India’s relationship with Pakistan has always been complicated. After all, there has been a long history of never-ending issues between the two nations. The situation has become even more complex of late, particularly after India held Pakistan responsible for the attack on an army camp at Uri in Kashmir, an attack in which 17 Indian soldiers lost their lives.  Since then India has been weighing options to respond – from a direct attack on terrorist camps in Pakistan to increased security on the border with its neighbour, from boycotting SAARC summit being hosted by Islamabad to even rereading ...

Failure to sign TFA at SAARC is disappointing: CII

Neha Dewan | @TheDollarBiz India's Prime Minister Narendra Modi along with the SAARC leaders, during the 18th SAARC Summit, in Dhulikhel, Nepal, on November 27, 2014. (Pic. source - PMO, India)   The Confederation of Indian Industry (CII) has said that it is disappointing that several Trade Facilitation Agreements could not be signed at the 18th SAARC Summit that concluded yesterday. CII has welcomed Prime Minister Narendra Modi’s suggestions for a 3-5 year business traveller card for SAARC nationals and the Special Purpose Facility for financing regional infrastructure. However, it said that other agreements could help reduce trade barriers and trade cost significantly within the region. CII said that the SAARC Motor Vehicle Agreement for the regulation of passenger and cargo ...

Indias trade surplus within SAARC is unsustainable

The Dollar Business Bureau | @TheDollarBiz "Let us work to change cynicism into optimism," said PM Modi at the 18th SAARC Summit (Pic. source - Government of India)   Indian Prime Minister Narendra Modi is on his way back after a vegetarian meal and a photo shoot during the Retreat at Dhulikhel after the 18th SAARC summit concluded today. It is reported that he shook hands with his Pakistani counterpart Nawaz Sharif. While many are left wondering about the outcome of this SAARC summit, there is perhaps more than what meets the eye. There are several takeaways for India, and not allowing the Chinese to take centre stage at the event is one of those. The other one could be a ...

India seeks to enhance multilateral trade cooperation within SAARC

Transport & Logistics Services to get boost in forthcoming SAARC Summit, along with agreements on power and railway networks Sachin Manawaria | @TheDollarBiz While contradictory messages have gone out to the world on Indias stand on Trade Facilitation, the country is galloping ahead with something similar on a slightly smaller scale, within SAARC or the South Asia Association for Regional Cooperation that comprises Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. If everything works out smoothly, soon the SAARC nations may ply their vehicles in others members nation territory for transportation of cargo and passengers. This is one of the aims of the Modi government which approved yesterday the Signing and ratifying the SAARC Motor Vehicles Agreement at the 18th ...