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ISSN 2063-5346
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An Analysis of Foreign Trade of India with SAARC Country - A Study

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Udit Malaiya, Prof. D.K. Nema
» doi: 10.48047/ecb/2023.12.8.274

Abstract

India's foreign policy has been guided by objectively assessing its national interests. However, in its implementation, India invariably adheres to a set of basic principles on which no compromise is made. The SAARC is such cooperation that consists of specific developing and underdeveloped countries; India is also a member of SAARC (South Asian Association for Regional Cooperation). The clear objective of this study is to evaluate the Share of trade of India with SAARC Countries, India with Asian Countries, and SAARC with Asian Countries from the year 2004 to the year 2008. The Secondary Data was adopted to conduct this study, collected from various e-source sources such as journals, articles, and websites. Data has been analyzed with the help of multiple tables in the present study. The Present Study has evaluated that INDIAN Country has acquired a 5.87% share of ASIAN export. The INDIAN Country has acquired a total no. of 3.50% share of import in the ASIAN import. The INDIAN Country has achieved a total no. of 62.30% share of export in SAARC's export, and the INDIAN Country has acquired a total no. of 52.16% share of import in SAARC's imports.

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