arp2041
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In today's world of globalization every country benefits by integrating with the global economy. South Asia can also reap the benefits of this globalization by becoming more integrated economically & politically. Why can't be there a South Asian Union (SAU) on lines of European Union (EU). This is the idea which has been mooted by many leaders & intellectuals in India such as Manishankar Aiyar, Kuldeep Nayar, etc.
I think if India takes the initiative in this respect, 5 countries can join this Union apart from India, they are Nepal, Bhutan, Sri Lanka, Maldives & Myanmar, I am not counting in Pakistan & Bangladesh because they will never join it. May be at latter stages of this Union by seeing its strength other countries can also join it. It can have the following features:
1. Visa free travel.
2. No duty on goods & services.
3. Common currency.
4. No curb on Investments.
Also maybe at latter stages we can have:
1. Common defence structure.
2. President of SAU.
3. Parliament of SAU.
4. Common representation at world forums like UN, WTO etc.
5. Common team in Olympics.
that means first starting with an economic integration we can move towards a more political integration.
Reasons for countries joining the Union:
1. Countries can benefit from the booming Indian economy in every respect such as infrastructure, tourism, telecommunication, etc.
2. The whole region cherish a common culture & origins which can integrate the region.
3. Bhutan & Nepal already has many features of this(like currency & visa free regime). Maldives may join the Union because it is a very small country & will bear the consequences of global warming because it is speculated to be completely drown by rising sea levels in half a century. So it needs an integration with SAU it can save its population.
4. Myanmar though part of ASEAN is being included because if one remembers it was part of British India till 1937 & also cherish the same Buddhist heritage started in India. By integrating with SAU it can restore the international confidence & remove the sanctions it faces.
5. Common currency if become stronger with time can also become a reserve currency which will benefit the region as a whole.
6. It is predicted that India can become the one of the top three economic powers by the year 2030, this economic powerhouse that India will become can be a great boom to other countries in the region.
7. The demands of the SAU will be more payed heed to in the international arena than each country individually.
8. By having a common defense structure the region can better save itself from outside threats.
your thoughts?
I think if India takes the initiative in this respect, 5 countries can join this Union apart from India, they are Nepal, Bhutan, Sri Lanka, Maldives & Myanmar, I am not counting in Pakistan & Bangladesh because they will never join it. May be at latter stages of this Union by seeing its strength other countries can also join it. It can have the following features:
1. Visa free travel.
2. No duty on goods & services.
3. Common currency.
4. No curb on Investments.
Also maybe at latter stages we can have:
1. Common defence structure.
2. President of SAU.
3. Parliament of SAU.
4. Common representation at world forums like UN, WTO etc.
5. Common team in Olympics.
that means first starting with an economic integration we can move towards a more political integration.
Reasons for countries joining the Union:
1. Countries can benefit from the booming Indian economy in every respect such as infrastructure, tourism, telecommunication, etc.
2. The whole region cherish a common culture & origins which can integrate the region.
3. Bhutan & Nepal already has many features of this(like currency & visa free regime). Maldives may join the Union because it is a very small country & will bear the consequences of global warming because it is speculated to be completely drown by rising sea levels in half a century. So it needs an integration with SAU it can save its population.
4. Myanmar though part of ASEAN is being included because if one remembers it was part of British India till 1937 & also cherish the same Buddhist heritage started in India. By integrating with SAU it can restore the international confidence & remove the sanctions it faces.
5. Common currency if become stronger with time can also become a reserve currency which will benefit the region as a whole.
6. It is predicted that India can become the one of the top three economic powers by the year 2030, this economic powerhouse that India will become can be a great boom to other countries in the region.
7. The demands of the SAU will be more payed heed to in the international arena than each country individually.
8. By having a common defense structure the region can better save itself from outside threats.
your thoughts?
idea!!
