Buckley, P. J., Clegg, J., Forsans, N., Reilly, K. T. (2007). A simple and flexible dynamic approach to foreign investment growth: Canada-U.S. relations in the context of free trade. The global economy. Pitigala, N. (2005) What does regional trade in South Asia reveal about future trade integration? Some empirical evidence. World Bank Policy Research, discussion paper 3497. (2008). JOINT PROGRAMME FOR COMPREHENSIVE ECONOMIC AND TRADE COOPERATION. Joint study by Minstries of Commerce in China and Pakistan.

A preferential trade agreement, such as the Australia-New Zealand Trade Agreement for Closer Economic Relations (CER), provides preferential access to preferenceally manufactured products. Trade preferences extend the protected market which, in both countries, is available to domestic producers. Duty-free access available to Australian producers in New Zealand can extend New Zealand customs protection to Australian producers and vice versa. DeRosa, Govindan, K. (1996). Agriculture, trade and regionalism in South Asia. Journal of Asian Economics , 7 (2), 293-315. This paper assesses the model of the free trade agreement before and after the free trade agreement in the framework of bilateral trade between Pakistan and Sri Lanka. In addition to the usual direction of trade analysis, we also use general and partial approaches to balance to assess the true potential of this free trade agreement. Our results show an improvement in prosperity and efficiency for both countries. However, the export basket has not changed much since the period leading up to the free trade agreement. This requires raising awareness of the free trade agreement and establishing a consultation mechanism with the trading community to determine how both countries can make the most of the free movement of goods.

Similar proposals were made in our perception survey for this study. Tsang, V. W.-Y., & Au, K.-F. (2008). Regionalization of textile trade: data from the EU, NAFTA, AFTA and SAPTA. The International Trade Journal , XXII (4). One of the questions that are often asked about these forms of economic integration is the extent to which such agreements bring to The Member States the benefits they had originally envisaged. A number of studies have been conducted on the well-being and development benefits of these agreements.

In the case of SAFTA, the impact is the subject of debate and reports have highlighted a number of obstacles to the proper functioning of the agreement and the free trade area. Unresolved political tensions in the region, such as the conflict between India and Pakistan and the lack of integration of the most traded products into the agreement, are both expected to hamper the progress of the agreement. , the creation of a free trade area of 1.6 billion people.