A discussion with World Bank's Lead Economist Sanjay Kathuria on how South Asia can boost its untapped -- yet potentially vast -- regional trade.
With intra-regional trade at less than 5% of total trade, South Asia is the least integrated region in the world, dwarfed by East Asia’s 35% and Europe’s 60%.
It’s 20% cheaper for India to trade with Brazil than with its neighbor Pakistan.
Bangladesh’s exports to India can potentially rise by 300%.
How can South Asia boost its untapped regional trade?