Wednesday, November 23, 2011

Prosperous South Asia

Bikash Choudhury


Prime Minister of India, Mr. Manmohan Singh, eloquently spoke about the potential to explore & exploit comparative and competitive advantage in South Asian countries in his speech at SAARC summit at Maldives 9-11 Nov. 2011.It is unclear how the leaders of participating countries consider such a forward looking economic and strategic intent of Indian PM; who is recognized as a tall leader & global economist of repute in international forums. India need to take initiative to study the regional economy and identify 5-10 major items where a 'cartelization' is feasible (identical to OPEC:organization of petroleum exporting countries ) with regional co-operation in South Asia; that could drive better bargain while trading with other countries. A blue print need to be prepared in consultation with Industry to help convince saarc nations to come on board.

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