New Delhi (DNS): SAARC countries should allow trade in more goods under South Asia Free Trade Agreement to enhance the trade among the member countries, industry body CII said।
Enhancing trade among the SAARC countries -- India, Afghanistan, Bangladesh, Bhutan, Pakistan, Maldives, Sri Lanka and Nepal -- in a time bound manner would hasten the process of SAARC integration, the chamber said।
In a five point agenda, CII asked the government to enhance trade and investment flows, integration of infrastructure, promotion of tourism and greater people-to- people contacts, and Cooperation in agriculture and SME development।
Export Promotion Zones and Special Economic Zones should also be set up in each SAARC member country to enhance the investments between them, CII said।
CII also said that to encourage the intra-SAARC investments, all the member nations should frame a regional policy for the purpose and a South Asia fund on Climate Change should also be set up to increase cooperation।
Since making borders irrelevant is an important initiative towards integration, CII suggested to set up an integrated south Asia transport network for easier movement of goods, services and people।
For greater cooperation in agriculture and small and medium enterprises development, a South Asian centre for agriculture research and extension services should be set up which would go a long way in modernising agricultural operations in the smaller economies, it added.
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