In the wake of the devastating tsunami that parts of Asia in December, the World Trade Organization’s Supachai Panitchpakdi urged developed nations to lower trade barriers with nations hit by the tsunami.
How pathetic. The developed world should eliminate their ridiculous trade barriers with developing nations permanently. Such barriers have done far more long-term damage to […]
In January, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka signed a free trade zone agreement that will start to bring trade barriers between those countries down beginning in 2006.
The agreement calls on the most developed of these countries — Pakistan, India and Sri Lanka — to virtually eliminate tariffs with the other countries […]
Sri Lanka announced this month that its 2002-03 rice crop will hit a record high of 1.93 million metric tons, representing an increase in output of 15 percent over 2001-2002’s rice crop.
Why the huge increase in rice production? Largely because of a cease fire between the Sri Lankan government and the Tamil Tigers. Without having […]