You are here

Integrated financial market has to start with political will

The members of the South Asian Association for Regional Cooperation stand to gain from this integration, but their leaders need to set their houses in order first.

The role of India (its stock exchange pictured above) in creating a new market platform will be key as its financial market is the most sophisticated among the SAARC nations.

A FEW years ago, the countries of South Asia had a farsighted idea: Create a stock exchange or a board where companies of the region would list their shares. Even though the vision crashed headlong into political reality, the idea still has backers in governments and multilateral institutions....

Market voices on: