Dhaka-based Metropolitan Chamber of Commerce and Industry (MCCI) will carry out a study on non-tariff barriers impacting trade between the South Asian Association for Regional Cooperation (SAARC) nations. It will also find out the total volume of trade opportunities lost due to such barriers.
Saqib Qureshi, secretary of MCCI, on Thursday said the chamber would prepare a report on the non-tariff trade measures in Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. The report will be published in March next year.
Qureshi was here to attend an interactive session organised by city-based Bengal Chamber of Commerce and Industry, to understand the non-tariff measures faced by West Bengal’s business community due to procedural and administrative measures while trading with SAARC countries.
“We will try to find out in the study the total volume of trade being lost due to the non-tariff barriers. We will tally at least 5-10 products for each country in the process of identifying the measures,” he added. According to Qureshi, the project will have 28 partners (target respondents) and his chamber will talk to representatives from the major commerce chambers of the eight SAARC countries.