World Affairs
  • Year: 2022
  • Volume: 26
  • Issue: 4

The Asean Free Trade Area: Lessons for the South Asia Free Trade Area

  • Author:
  • Chhotelal Kumar
  • Total Page Count: 14
  • Published Online: Jan 20, 2023
  • Page Number: 26 to 39

Online Published on 20 January, 2023.

Abstract

The article provides a comparison between the ASEAN Free Trade Area (AFTA) and the South Asian Free Trade Area (SAFTA) to help understand the reasons for the success of the former as compared to the near collapse of the later. The author suggests some of the initiatives and reforms that SAFTA member states may undertake in order to revive SAFTA, given the substantial benefits that regional economic integration can bring to them