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- Title
Exploring the Prospects of Pakistan's Trade in ECO Bloc & Identification of Tradable Products.
- Authors
Achakzai, Jahangir
- Abstract
The member countries belonging to the ECO- economic bloc are characterized by having centuries old trade relations. However, these relations did not portray a remarkable improvement due to different economic and political reasons. Despite these economic and political breakdowns trade among them continued without much interruption. The region has a large trade potential and the Intra-regional trade can be increased over not a very long period. The trade potential exists both in terms of "trade diversion" from traditional sources towards ECO by removing the constraints and in terms of "trade creation" and "trade expansion" by easing import restrictions. By harmonizing regional development strategies, reducing Tariffs and non-tariff barriers and improving the infrastructure the ECO can prove a successful economic bloc in the region.
- Subjects
PAKISTAN; INTERNATIONAL trade; INTERNATIONAL economic relations; IMPORT quotas; ECONOMIC Cooperation Organization
- Publication
Central Asia (1729-9802), 2011, Issue 69, p49
- ISSN
1729-9802
- Publication type
Article