India’s Trade Relation with Neighbouring South Asian Nations With Special Reference to Tourism

Vol-2 | Issue-9 | September 2017 | Published Online: 08 September 2017    PDF ( 525 KB )
Author(s)
Karuna Kalita 1

1M.Phill Scholar, Dept. of Economics, Gauhati University (India)

Abstract

A Trade relation among nations is an important part of modern global economy. India’s role

in international trade especially in south Asia is noteworthy which shows an impressive

amount of import from and export to other countries. Here in this paper we will try to put an

effort to analyse the impacts, trends and mutual benefits of trade between India and three

major economies of South Asia viz. Nepal, Sri Lanka and Afghanistan. Moreover, India’s

role in boosting tourism such as medical and religious tourism will be discussed under the

banner of ‘trade in services’. We will also try to throw light into each county’s prevailing

economic conditions which play a vital role in facilitating international trade practices.

 

Trade is no longer an option but a necessity of today’s world. It is vested with the power to

transform a nation in every aspect.

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