India’s not-so-neighborly trade failure
Asia Times - Business·2023-04-15 07:01
The potential for cross-border trade between India and its neighboring countries — Bangladesh, Bhutan, Nepal, Myanmar, Pakistan, Afghanistan and China — has not been fully realized.
India’s formal cross-border trade with these countries was about US$2.48 billion in 2021 despite the $115 billion trade potential. Only nine of India’s 17 border states are actively engaged in cross-border trade.
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