Impact of Belt and Road Initiative on India-south Asia Regional Trade Integration

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mst._sahiba_mahbub
mst._sahiba_mahbub
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Mst. Sahiba Mahbub
Mst. Sahiba Mahbub
α Jahangirnagar University Jahangirnagar University

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Impact of Belt and Road Initiative on India-south Asia Regional  Trade Integration

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Abstract

Belt and Road Initiative (BRI) is a standout amongst the latest and remarkable regional economic integration strategies of Chinese government. This initiative incorporates South Asia which is a piece of Asian territory. From past researches we came to know that regional trade intensity among south Asian nations is low. The majority of the analysts finished up by computing the general list at beneath 0.5. Notwithstanding various multilateral and reciprocal Free Trade Agreements (FTA) exchange coordination did not increment attractively. India has reciprocal FTAs with every south Asian nation. Also this sub region is among the significant exchange accomplices of India. There are double suppositions of India about Chinese BRI initiative. In this research we found an answer of an inquiry that, regardless of whether BRI has sway on trade coordination among India and south Asian nations. We utilized a blended gravity model equation from Hayakawa et.al (2015) and Weerehewa (2009) inquire about papers to assess the aftereffects of variables.

References

9 Cites in Article
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  2. N Chand (2014). INTRODUCTION:.
  3. Chein-Peng Chung (2018). what are the strategic and economic implications for South Asia of China's Maritime Silk Road initiative.
  4. Hayakawa (2016). Trade Creation Effect of Regional Trade Agreements: Tariff Reduction versus Non-Tariff Barrier Removal.
  5. Jialiang Ma (2017). One Belt One Road (OBOR) initiative in central Asia: The study of OBOR on China and Central Asia International trade.
  6. Peter Navarro (2019). Africa’s green opportunity.
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  8. (2018). Implementation of Free Trade Agreement can help grow intra-BIMSTEC trade: Official.
  9. Jeevika Weerahewa (2009). Impact of Trade Facilitation Measures and Regional Trade Agreements on Food and Agricultural Trade in south Asia, Asia-Pacific Research and Training Network on Trade.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

mst._sahiba_mahbub. 2021. \u201cImpact of Belt and Road Initiative on India-south Asia Regional Trade Integration\u201d. Global Journal of Human-Social Science - F: Political Science GJHSS-F Volume 21 (GJHSS Volume 21 Issue F1): .

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Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

Keywords
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GJHSS-F Classification: FOR Code: 160699p
Version of record

v1.2

Issue date

February 18, 2021

Language
en
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Belt and Road Initiative (BRI) is a standout amongst the latest and remarkable regional economic integration strategies of Chinese government. This initiative incorporates South Asia which is a piece of Asian territory. From past researches we came to know that regional trade intensity among south Asian nations is low. The majority of the analysts finished up by computing the general list at beneath 0.5. Notwithstanding various multilateral and reciprocal Free Trade Agreements (FTA) exchange coordination did not increment attractively. India has reciprocal FTAs with every south Asian nation. Also this sub region is among the significant exchange accomplices of India. There are double suppositions of India about Chinese BRI initiative. In this research we found an answer of an inquiry that, regardless of whether BRI has sway on trade coordination among India and south Asian nations. We utilized a blended gravity model equation from Hayakawa et.al (2015) and Weerehewa (2009) inquire about papers to assess the aftereffects of variables.

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Impact of Belt and Road Initiative on India-south Asia Regional Trade Integration

Mst. Sahiba Mahbub
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