The SAARC countries, from economic point of view, are intimately linked with each other. No country of this region can escape its role in the trading system of interdependent SAARC nations. The forces working for economic interdependence among them seem irresistible. In 1995 they established South Asian Preferential Trade Area (SAPTA). This has provided the countries of South Asia with an institutional framework for cooperation. In the SAARC summit in 2005, ...
