The South Asian Association for Regional Cooperation (SAARC) was designed to accelerate economic progress and social development in member-states. In the consumer market, SAARC is the largest regional organisation in terms of population. It was formed on December 08, 1985 by Bangladesh, Bhutan, Mal

The 'One Belt, One Road' (OBOR) initiative is a foreign policy and economic strategy of the People's Republic of China. The term derives from the overland 'Silk Road Economic Belt' and the '21st-Century Maritime Silk Road', concepts introduced by Chinese President Xi Jinping in 2013. Trade liberal

The South Asian Free Trade Area (SAFTA) was signed on January 06, 2004 during the 12th South Asian Association for Regional Cooperation (SAARC) Summit in Islamabad and was effective after January 01, 2006. Among the members was an important and apparent realisation regarding the vital importance