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April 2012

India-Pakistan Trade: Making Borders Irrelevant

Tara Beteille's picture

In our blog post last November, we discussed Pakistan’s decision to grant India most favored nation (MFN) status. We were hopeful about the gains from easier trade between the two, but noted the many stumbling blocks in between. In the past 20 weeks, both countries have made serious efforts to address these blocks. Things are looking good. Here is an update.

Both countries mean business

In addition to the goodwill gesture of Pakistani President Asif Ali Zardari visiting India this April and Indian Prime Minister Manmohan Singh considering visiting Pakistan, important issues addressed include:

  • Pakistan issued an order in March 2012 to move from a positive list of 2,000 items for India to a negative list of 1,209 banned items. Pakistan intends to phase out the negative list altogether and formally give India MFN status by the end of 2012.
  • India, which formally granted Pakistan MFN status in 1996 (but maintained barriers) has agreed to reduce its sensitive list of 865 items by 30% within four months. India has also agreed in principle to allow Pakistani foreign direct investment in the country.

Make Trade, Not War in South Asia: Toward Regional Integration

Elizabeth Howton's picture

Can economics trump politics in South Asia, a region fragmented by decades of strife? Will greater regional cooperation and lowering barriers to trade bring harmony along with economic growth?

Those were the questions on the table Thursday as a panel from across the region discussed “Breaking Down Barriers: A New Dawn in Trade and Regional Cooperation in South Asia.”

Most panelists expressed optimism about trade’s pacifying abilities. Moderator Barkha Dutt, an Indian television journalist, opined that “What trade does, in its very ordinariness, is modulate the emotions.” Teresita Schaffer, former U.S. ambassador to Sri Lanka, agreed that “Trade can provide another conversation… and provide reasons why rivalries should not be allowed to get out of hand.”

But which comes first, the chicken or the egg? asked another panelist, Nepali journalist Kanak Dixit. Clearly, he said, it’s the chicken (commerce), because other things have been tried and have not worked. He said that “chicken” will lay two “eggs”: peace and prosperity.

Join Us At Our Three Upcoming Public Events!

South Asia's picture

Leveraging Technology and Partnerships to Promote Equity in South Asia

Wednesday, April 18 at 9:00AM

The Next South Asia Regional Flagship on equity and development (March 2013) will feature an eBook which will combine interactive multimedia as a part of the World Bank Open Data and Open Knowledge initiatives. This signals a new era in development analysis is produced and shared.

Please RSVP to Alison at areeves@worldbank.org by Tuesday, April 17th to attend.

Twitter hashtag: #wbequity

 

Breaking Down Barriers: A New Dawn on Trade and Regional Cooperation in South Asia

Thursday, April 19 at 3:00PM

Imagining our Future Together: A Call for South Asia Artists to Share Your Art!

South Asia's picture


Are you a South Asian artist from Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, or Sri Lanka and born in or after 1975?

You are invited to share examples of your work for the exhibition South Asia Artists: Imagining Our Future Together.

Imagining our Future Together is a juried group exhibition that will be on display in throughout South Asia and beyond.

Concept

The concept of the exhibition comes from the realization that cooperation among the countries of South Asia is the key to the region’s success in the 21st century. And what better example of transcending borders and breaking stereotypes can be seen than in art created by emerging artists, some of our society’s most perceptive, creative and genuine minds?

Imagining our Future Together is an opportunity to communicate your experience, feelings and thoughts as visual artist to the rest of the world.

Bangladeshi Communities Set Development Priorities

Naomi Ahmad's picture

Saleha Begum was determined. Over the last couple of years, a number of children in her village had tragically died, their families left behind shocked and shattered. Memories were all that remained of these young lives cut short, and Begum was now determined to do her bit to stop the untimely deaths and accidents caused by the proximity of a highway to a community school.

We had arrived at Baishakanda Union Parishad in Dhamrai just before the local community meeting started. (Union Parishads are the lowest tier of local government in Bangladesh.) Begum had already taken her place among men and women from her village. A number of women threw anxious looks toward her. That day, Begum was going to play a vital role in advancing their agenda.