Study on Intraregional Trade and Investment in South Asia

This study broadens and deepens intraregional cooperation and integration in trade and investment among South Asian countries. It showcases the benefits of regional integration and presents an array of policy recommendations to maximize and realize such gains. Three parallel initiatives are needed---reduce nontariff barriers to deepen the South Asian Free Trade Area (SAFTA); expand SAFTA's scope to include investments and services; and focus on key industries to succinctly demonstrate the process and benefits of reforms. The study invigorates the debate and focus on South Asian integration as a means to further growth and reduce poverty.