Trade With
Neighbour Bilateral
trade between Pakistan and India almost doubled to cross the $1-billion
mark last year. The $400-million increase in the year ending March
2006 was attributed to the launch of a South Asian Free Trade
Area Agreement (SAFTA) and the opening of rail and road links.
A look at the growth prospects between the two countries.
BRIC Vs
The Rest The BRIC (Brazil,
Russia, India and China) nations should surpass current world leaders
in the next few decades if they do not let politics prevail over
economic issues. Experts caution that despite the vigorous growth,
BRIC countries are vulnerable to losing direct foreign investment
due to excessive government control and lack of clear rules for
the private sector. More
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