Hnsam, Dnam, Naxa: About The Author
Hnsam, Dnam, Naxa: About The Author
Hnsam, Dnam, Naxa: About The Author
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Despite the sincere attempts of the Association, there are several factors
that stand in the way of economic integrity among the SAARC nations.
The clashes between India and the neighboring countries have prevented
the SAARC members to make the most of the economic benefits derived
from the Association. This has prompted the South Asian countries to go
for bilateral trading activities instead of getting involved in multilateral
trade agreements. However, the Association is expected to take more
proactive steps to improve the economic relationship among its
members. Besides devising policies for economic integration, SAARC is
supposed to function as a medium to facilitate discussions among the
South Asian nations. Seminars and conferences are going to be helpful
measures for promoting cross border trade and investment.
All these resulted from the flexible economic policies adopted by the
Indian government. The economic prosperity of India prompted the
other SAARC members to seek resort to international trade as a platform
for economic growth. Both Sri Lanka and Nepal have shown their
interests to enhance intra regional trade. Bangladesh is also following
the same trend. With the increased intra regional trading activities, the
economic relationship among the SAARC nations is bound to be stronger
in future.
2ndd
SOUTH ASIA - ARTICLES Print Bookmark Email Facebook
#2270, 20 April 2007
Speakers:
Ambassador I P Khosla, Former Indian High Commissioner to
Bangladesh
Dr Amita Batra, Senior Fellow, Indian Council of Research in
International Economics
IP Khosla
India's Policy
I ndia's policy in this regard is actually not very clear. Our policy
makers tell us that the aim of Indian foreign policy is to ensure that our
overall economic targets are achieved. The policy seems to suggest if
one tempts the neighbours with economic inducements, political gains
will follow. Presumably the idea is to offer economic inducements for
political purposes. Possibly it could be a circular thing - economic
inducement leading to political gains, which would create an atmosphere
of peace leading to further economic gains. In the context of the 14th
Summit, with neighbours (like Pakistan) insisting that politics has to
come first, one is hoping that they would gradually see the great
advantage coming to countries like Sri Lanka and Bangladesh through
economic interactions and would put politics in the back-banner.
Is SAARC a success?
J ust the fact that there have been summits and leaders are
meeting, provides opportunities for cooperation which otherwise do not
exist. It gives a chance for leaders and ministers to meet regularly,
discuss and exchange views and even talk about bilateral relations. It is
a positive element of SAARC. Civil Society has played a big role in
SAARC. Regional think tanks are in existence and there are exchanges
between artists, filmmakers, writers, singers, which is bound to have
some effect in creating an atmosphere of regional cooperation.
Amita Batra
Discussion
Complexities of SAARC
SAARC Trade
Concluding Remarks
3rd
INDIA’S TRADE EXPERIENCE WITH SAARC AND THE
FUTURE OF SAFTA
Alok Kumar Pandey, Annapurna Dixit
ABSTRACT
ndia is also committed to ensure that the special and differential treatment provisions for developing countries under different
WTO agreements are translated into specific enforceable dispensations. Currently, India has adopted WTO norms in these sectors
i.e. Agriculture, Trade and Industry, Intellectual property and services. SAARC is moving towards a Free Trade Area and South Asia
Free Trade Agreement (SAFTA) that is an initial step in the evolution of the South Asian Association for Regional Cooperation as a
regional trade block and an economic union. SAFTA was signed on January 6, 2004, during the Twelfth SAARC Summit in
Islamabad. But how favorably it will affect the intra-regional trade it is uncertain as economic trouble for India could be created
through the Free Trade Agreements. In the present paper, an attempt has been made to depict India’s foreign trade with SAARC
nations considering the structural changes in Indian Economy as well as WTO Arrangements in 1995 and also the future of the
SAFTA.
KEYWORDS
Indian Economy,SAARC, SAFTA, International Trade
4rth
Tags:
SAARC|
India|
Double Taxation Avoidance Agreements
NEW DELHI: India has ratified the new Double Taxation Avoidance Agreements with SAARC nations
taking forward its efforts to track and unearth black money. The revised treaties will come into effect
from next fiscal, according to a government notification.
"The central government hereby directs that all the provisions of the said agreement shall be given
effect to in the Union of India with effect from 1st day of April, 2011," the official government Gazette
notification said. According to the notification, the new agreement will apply to persons who are
residents of one or more member states.
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The tax information exchange treaties amongst the South Asian Association For Regional
Cooperation (SAARC) nations was struck first at Dhaka in 2005. Members of SAARC bloc include
Bangladesh, Maldives, Bhutan, Nepal, India, Afghanistan, Pakistan and Sri Lanka.
However, the notification said SAARC limited multilateral agreement on avoidance of double taxation
and mutual administrative assistance in tax matters shall be applicable only in the member states
where an adequate direct tax structure is in place. "In case of a member state where such a structure
is not in place, this agreement shall become effective from the date on which such a member state
introduces a proper direct tax structure and notifies the SAARC secretariat to this effect," the gazette
notification said.
India is in the process of negotiating DTAA with 65 countries. This is to broaden the scope of article
concerning exchange of information, specifically regarding banking and taxpayers not covered earlier.
Finance minister Pranab Mukherjee had recently unveiled a five pronged strategy to check and curb
black money in the country. He said DTAA and Exchange of Taxation Information Agreement are two
instruments under which information can be obtained and that the government has already amended
pacts with 23 countries to get information from various banks.
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Portal:SAARC
From Wikipedia, the free encyclopedia
SAARC portal
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The South Asian Association for Regional Cooperation (SAARC) is an economic and political
organization of eight countries in Southern Asia. In terms of population, its sphere of influence is the largest of
any regional organization: almost 1.5 billion people, the combined population of its member states. In the late
1970s,Bangladesh President Ziaur Rahman proposed the creation of a trade bloc consisting of South
Asian countries. The Bangladeshi proposal was accepted by India, Pakistanand Sri Lanka during a meeting held
in Colombo in 1981. In August 1983, the leaders adopted the Declaration on South Asian Regional Cooperation
during a summit which was held in New Delhi. The seven South Asian countries, which also
included Nepal, Maldives and Bhutan, agreed on five areas of cooperation:
Afghanistan was added to the regional grouping at the behest of India on November 13, 2005, With the addition
of Afghanistan, the total number of member states were raised to eight (8). In April 2006, the United States of
America and South Korea made formal requests to be granted observer status. The European Union has also
indicated interest in being given observer status, and made a formal request for the same to the SAARC Council
of Ministers meeting in July 2006. On August 2, 2006 the foreign ministers of the SAARC countries agreed in
principle to grant observer status to the US, South Korea and the European Union. On 4 March
2007, Iran requested observer status. (more)
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The economy of India is the fourth-largest in the world as measured by purchasing power parity (PPP), with
a GDP of $3.3 trillion. When measured in USDexchange rates it is the tenth largest in the world, with a GDP of
$691.8 billion. However India's huge population results in a relatively low per capita income ($3,100 at PPP).
Services are the major source of economic growth in India today, though two-thirds of Indian workforce earn
their livelihood directly or indirectly through agriculture. In recent times, India has also capitalised on its large
number of highly-educated populace fluent in the English language to become a major exporter
ofsoftware services, financial services and software engineers. For most of India's independent history,
a socialist inspired approach was adhered to, with strict government control and regulation on private
sector participation, foreign trade andforeign direct investment. Since the early 1990s, India has gradually
opened up its markets through economic reforms by reducing government controls on foreign trade and
investment. The socio-economic problems India faces are the burgeoning population, growing inequality, lack
of infrastructure, growingunemployment and growing poverty. (more...)
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Selected Quotation
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“
An error does not become truth by reason of multiplied propagation, nor does truth become
error because nobody sees it. Truth stands, even if there be no public support. It is self
sustained. ”
Mahatma Gandhi
Selected Picture
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...that the The Grand Friday Mosque at Islamic Centre, an architectural landmark in Malé,Maldives, is
named after Sultan Mohammed Thakurufaanu-Al-A'z'am?
...that Kashi (Benares) is the place where Lord Vishnu is supposed to have made an offering of an eye
to Lord Shiva?
Kashi is also name of the person going to become a Legendary person in future from Bijapur district,
which is in Karnataka,INDIA.
...that since the first Urdu language typewriter was created in 1911, the Urdu keyboard layout has evolved
to accommodate the needs of the digital age?
...that notated Bengali writer Rajnarayan Basu was a tutor of Asia's firstNobel Laureate Rabindranath
Tagore?
...that Nepal receives US$50 million a year through the Gurkha soldiers who serve in
the Indian and British armies and are highly esteemed for their skill and bravery?
Selected Member Country
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[hide]
Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka
Australia
China
European Union
Iran
Japan
Mauritius
Myanmar
South Korea
United States
South Africa
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WP:PSL
Sri Lanka is a strategic naval link between West Asia and South East Asia and has been a centre
of Buddhist religion and culture from ancient times. Today, Sri Lanka is a multi-religious and multi-ethnic
nation, with a fifth of the population following faiths other than Buddhism -
notably Hinduism, Christianity and Islam. The Sinhalese community forms the majority of the population
(around 80%), with Tamils, who are mostly concentrated in the north and east of the island, forming the
largest ethnic minority. Other communities include the Muslim Moors and Malays as well as Burghers.
Famous for the production and export of tea, coffee, rubber and coconuts, Sri Lanka boasts a progressive and
modern industrial economy. The natural beauty of Sri Lanka's tropical forests, beaches and landscape, as well as
its rich cultural heritage make it a world famous tourist destination.
After over two thousand years of rule by local kingdoms, parts of Sri Lanka were colonized by Portugal and
the Netherlands beginning in the 16th century, before the control of the entire country was ceded to the British
Empire in 1815. During World War II Sri Lanka served as an important base for Allied forces in the fight
against theJapanese Empire. A nationalist political movement arose in the country in the early 20th century,
with the aim of obtaining political independence, which was eventually granted by the British after peaceful
negotiations in 1948. Since then Sri Lanka has struggled in maintaining a liberal democracy and
stunted economic progress due to the ongoing conflict between the Sri Lankan government and a separatist
militant group known as the Tamil Tigers in the northeastern parts of the country.
More about Sri Lanka ...
At a glance
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This 1907 map of Eastern Bengal clearly shows the spread of Bengali culture towards the east, encompassing
modern Bangladesh, Assam,Tripura, Mizoram, Nagaland and Arunachal Pradesh. Today's West Bengallies to
the west of this region, forming the eastern bottleneck of India, stretching from the Himalayas in the north to
the Bay of Bengal in the south. The state has a total area of 88,752 km². The Darjeeling Himalayan hill
region in the northern extreme of the state belongs to the eastern Himalaya. This region
contains Sandakfu (3,636 m) — the highest peak of the state. The narrow Terai region separates this region
from the plains, which in turn transitions into the Ganges delta towards the south. The Rarh regionintervenes
between the Ganges delta in the east and the western plateau and high lands. A small coastal region is on the
extreme south, while theSundarbans mangrove forests form a remarkable geographical landmark at
the Ganges delta.
Gautama, also known as Shakyamuni (“sage of the Shakyas”, in Pali"śakamuṇi"), is the key figure in Buddhism,
and accounts of his life, discourses, and monastic rules were summarized after his death and memorized by
thesangha. Passed down by oral tradition, the Tripitaka, the collection of discourses attributed to Gautama, was
Siddhartha was born in Lumbini, Nepal. His father was King Suddhodana, the chief of the Shakya nation, one of
several ancient tribes in the growing state ofKosala; Gautama was the family name. His mother, Queen Maha
Maya(Māyādevī) and Suddhodana's wife, was a Koliyan princess. (more...)
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Wikipedia in South Asian Languages
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অসমিয়া (Assamese) • भोजपु री (Bhojpuri) • ব়াাংল়া (Bengali) • ইি়ার ঠ়ার/মবষ্ণুমিয়া িমিপুরী(Bishnupriya Manipuri)
• ް( ަމ ަހލDhivehi) • ગુજરાતી (Gujarati) • हिन्दी (Hindi) • ಕನ್ನ ಡ(Kannada) • कॉशुर (Kashmiri)
• ਪੰਜਾਬੀ (Punjabi) • संस्कृत(Sanskrit) •Santali (Santali) • हसनहि (Sindhi) • தமிழ் (Tamil) • తెలుగు (Telugu)
• (اردوUrdu)
Selected Destination
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Malé (Dhivehi: ް) ާމލ, (pronounced: "Maa-lay") population 81,647
(2004), is the capital of the Republic of Maldives located at the
southern edge of North Male' Atoll Kaafu Atoll. Traditionally it was
the King's Island from where the ancient Maldive Royal dynasties
ruled and where the palace was located. Formerly it was a walled city
surrounded by fortifications and gates (doroshi). The Royal Palace
(Gan'duvaru) was destroyed along with the picturesque forts (kotte)
and bastions (buruzu), when the city was remodelled under Ibrahim
Nasir's rule.
Although Malé is geographically located in Male' Atoll, Kaafu Atoll, administratively it is not considered part of
it. A commercial harbour is located in the Island. It is the heart of all commercial activities in the country. Many
government buildings and agencies are located on the waterfront. Malé International Airport is on
adjacent Hulhule Island which includes a seaplane base for internal transportation. Several land reclamation
projects have expanded the harbour. Malé is located at 4°10' North, 73°30' East (4.1667, 73.5).
Malé was struck by the tsunami that swept across the western coast of Sumatra on December 26, 2004. It was
affected by the Indian Ocean earthquake which followed with the waves flooding two-thirds of the city. The
earthquake and subsequent tsunamis reportedly killed over 220,000 people around the rim of the Indian Ocean.
(more)
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Related portals
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Afghanistan — Bangladesh — Bhutan — India — Maldives — Nepal — Pakistan — Sri Lanka
Australia — China (PRC) — European Union — Iran — Japan — Mauritius — South Korea — United
States — South Africa
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