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 ...
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 ...
