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Sri Lanka, the Indian Ocean, and the New Era of Great Power Competition

Sri Lanka, the Indian Ocean, and the New Era of Great Power Competition How will Sri Lanka manage a new era in the Indian Ocean?

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Regulatory efficiency and Free Trade in SAARC: Implications on impacts of OBOR on SAARC Trade

Transportation is a strong factor in terms of economic development. As well as also having a great influence on regional integration. South Asia has a rich history of trade through sea. Thus ports constitute important economic activities in the region. This paper mainly exposes the role of the efficiency of harbors in trade performances. An extended version of gravity model is used to analyze the correlation of transport infrastructure and exports of South Asia. For the purpose of analysis in this paper, all eight South Asian countries are identified as exporters and selected 25 countries as the partnering countries. Estimated results show that the distance between two countries has negative impact on trade. Country size measured in terms of GDP has positive effect on trade. It is also observed that the compliance time in both reporting country as well as the partner country has a significant influence on trade. Higher compliance time discourages trade. Based on this finding, this study explores the impacts of OBOR on SAARC trade. It is anticipated that the OBOR expands trade through its impact on reducing compliance time.

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Opinion: China and India make a breakthrough in internal security cooperation

Opinion: China and India make a breakthrough in internal security cooperation

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No Strings Attached? How Sri Lanka Can Make the Most of Security Grants - by Natasha Fernando

Strategizing how Colombo can use sorely needed military grants and donations in an evolving security landscape.

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BIMSTEC: A Bay of Good Hope?

In twenty years, India, Bangladesh, Sri Lanka, Thailand, Myanmar have undergone huge economic and political transitions. BIMSTEC was formed at a time when the ASEAN countries were suffering from severe financial crisis in 1997-98 and both Thailand and Myanmar experienced political turmoil in the following decade. The member countries’ economies are more viable and largely liberalised thereby attracting greater interest from foreign investors outside of the region

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