Ms. Anindita Mitra, Dr. Nirmala Velan
Department of Economics, Pondicherry University, Pondicherry-605014, India.
Abstract
India plays a vital role in improving bilateral relations within SAARC. Since intra-regional trade is one of the major areas of cooperation, multilateral trade agreements among the regional members have been implemented for trade in merchandise. The paper examines the post-SAFTA extent of trade between India and SAARC members grouped under Less Developed Countries (LDCs) and Non-Less Developed Countries (NLDCs). Data for the period 2007-2021 were collected from IMF, DOTS. Percentages, Trade Intensity Index (TII) and Revealed Comparative Advantage Index (RCA Index) have been employed to study the research objectives. Percentages and TII reveal that India constitutes 80 percent of the intra-SAARC export with its trade concentrated with the LDCs, exhibiting greater trade intensity with Bhutan and Nepal. Further, SAARC being an agrarian region, the analysis of RCA Index on data from Trade Map, (ITC) indicate that India enjoys greater comparative advantage in its export of agricultural products to LDCs, especially Afghanistan and Bangladesh, and with Pakistan among the NLDCs.
Keywords: Intra-SAARC trade, Revealed Comparative Advantage (RCA) Index, Trade Intensity Index (TII).
Journal Name :
EPRA International Journal of Economic and Business Review(JEBR)

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Published on : 2024-07-02

Vol : 12
Issue : 6
Month : June
Year : 2024
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