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	<title>Travel Guide - SAARC &#187; Economy</title>
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	<description>Afghanistan &#124; Bangladesh &#124; Bhutan &#124; India &#124; Maldives &#124; Nepal &#124; Pakistan &#124; Sri Lanka</description>
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		<title>Maldives Has Record January Tourist Arrivals</title>
		<link>http://saarc.com/travel/country/maldives/maldives-has-record-january-tourist-arrivals/</link>
		<comments>http://saarc.com/travel/country/maldives/maldives-has-record-january-tourist-arrivals/#comments</comments>
		<pubDate>Sun, 21 Feb 2010 15:29:18 +0000</pubDate>
		<dc:creator>Tour Guide</dc:creator>
				<category><![CDATA[Maldives]]></category>
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		<category><![CDATA[Asia tourism]]></category>
		<category><![CDATA[cheap maldives]]></category>
		<category><![CDATA[Economy]]></category>
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		<guid isPermaLink="false">http://saarc.com/travel/?p=330</guid>
		<description><![CDATA[The Maldivian Presidents office has announced that the country had 67,478 Tourists for the month of January. This makes it the strongest January in Tourist arrivals for the past five years. The Maldives private and Tourism Board has been extensively marketing Maldives for the past five years, while Maldivian Resorts have consistently scooped up travel [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_331" class="wp-caption alignnone" style="width: 676px"><a href="http://saarc.com/travel/wp-content/uploads/2010/02/800px-Male-total.jpg"><img class="size-full wp-image-331" title="800px-Male-total" src="http://saarc.com/travel/wp-content/uploads/2010/02/800px-Male-total.jpg" alt="" width="666" height="444" /></a><p class="wp-caption-text">Birds Eye View OF MAldives </p></div>
<p>The Maldivian Presidents office has announced that the country had 67,478 Tourists for the month of January. This makes it the strongest January in Tourist arrivals for the past five years. The Maldives private and Tourism Board has been extensively marketing Maldives for the past five years, while<strong> Maldivian Resorts</strong> have consistently scooped up travel awards world wide.</p>
<p>Sim Mohamed from MATI ( Maldives Association of Tourism Industry) said that while tourist figured did increase significantly, there have been some drastic dynamic changes in the tourism industry. Sim said  there has been alot of “surface arrivals”  (i.e. passengers in <strong>passenger liners passing though Maldives</strong> in a relatively less amount of time ) and these passengers  do not stay for the traditional  periods of time and tend to spend less , thus injecting less money into the economy.</p>
<p>He Also noted due to the global down turn in tourism, many <strong>Maldivian Resorts and Tour Operators have drastically cut their prices</strong> , some as steep as 30- 40 percent. This together with the introduction of many<strong> Low Budget Airlines</strong> has Made <strong>Maldives a much cheaper Destination</strong> than before. While this has increased tourist numbers and generated more money for the economy as Maldivian Government Bed Tax  the disposable income from Medium  Tourism Market is less hence it would take some time for the whole economy as a whole to fully benefit from the increased Tourism Arrivals .</p>
<p>The Maldivian Tourism Industry has been in a slow growth rate, first the aftermath of the Tsunami then the global financial crisis, but this has prompted the Tour Operators to be more innovative. The Fastest growing sector in the Tourism Industry in<strong> Maldives is the Live Abroad </strong>sector. This gives an affordable Alternative To<strong> Travel,Dive and Surf in the MAldives</strong> at Cheaper Rates.</p>
<p>MATTI says its staying positive for the yrear 2010 forecasting modest growth , but hoping it would materialize to a more significant Tourism Growth for the years after that.</p>
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		<title>Inter-Regional Trade Must Increase For A Successful SAARC</title>
		<link>http://saarc.com/travel/news/inter-regional-trade-must-increase-for-a-successful-saarc/</link>
		<comments>http://saarc.com/travel/news/inter-regional-trade-must-increase-for-a-successful-saarc/#comments</comments>
		<pubDate>Sun, 13 Sep 2009 16:31:19 +0000</pubDate>
		<dc:creator>Tour Guide</dc:creator>
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		<guid isPermaLink="false">http://saarc.com/travel/?p=186</guid>
		<description><![CDATA[Speaking at the recent seminar on “SAARC Governments Commitment to Economic Freedom in South Asia” held in Islamabad, Pakistan The president of SAARC CCI Mr.Tariq Sayeed said “ Economic Freedom is incomplete without political freedom and a politically sound state is pre-requisite for economic liberalization in the country”. He said that SAARC countries to pursue [...]]]></description>
			<content:encoded><![CDATA[<p><span>Speaking at the recent seminar on “SAARC Governments Commitment to Economic Freedom in South Asia” held in Islamabad, Pakistan The president of SAARC CCI Mr.Tariq Sayeed said “ </span><span>Economic Freedom is incomplete without political freedom and a politically sound state is pre-requisite for economic liberalization in the country”. He said that SAARC countries to pursue economic freedom to be able to achieve economic integration among SAARC countries. He further stressed the importance of youth in achieving the social and economic liberalization in the region.</span></p>
<p> </p>
<p><span>AT the seminar the positive relationship of social liberation with  higher Gross Domestic Product resulting in lower corruption in the public and private sectors while opening up markets for the region was highlighted. India seems to be at the forefront of the economic liberalization in the SAARC region with many Free Trade Agreements being signed bilaterally with fellow SAARC countries. Mr.Sayeed also said that the 1.7 percent in world trade from the region had a lot more potential to grow, specially since  SAARC is home to more than one fifth of the world population. The current levels of inter-regional trade stood at mere 6 percent while </span><span>intra-regional trade in, EU 58 percent, NAFTA was 62 percent and ASEAN 26 percent.</span></p>
<p><span>H.E. Sharat Sambharwal, the High Commissioner of India to Pakistan was the guest of honor, he said that it was India’s and specially Dr.Manmohan Singh’s vison to see South East Asia being transformed to a knowledge-biased economy. This could be achived only by rapidly increasing the pace and scope of the current inter-economic activity within SAARC.</span></p>
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		<title>Afghanistan Economy</title>
		<link>http://saarc.com/travel/country/afghanistan/afghanistan-economy/</link>
		<comments>http://saarc.com/travel/country/afghanistan/afghanistan-economy/#comments</comments>
		<pubDate>Tue, 08 Jul 2008 03:03:03 +0000</pubDate>
		<dc:creator>Tour Guide</dc:creator>
				<category><![CDATA[Afghanistan]]></category>
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		<guid isPermaLink="false">http://saarc.com/travel/?p=36</guid>
		<description><![CDATA[Afghanistan is an extremely poor, landlocked and highly dependent on foreign aids, agriculture and trade with neighboring countries. However, Afghanistan’s economy is recovering from decades of conflict. It has improved significantly since the fall of the Taliban regime in 2001. Real GDP growth exceeded 7 % in 2007. Afghanistan’s mainstay is agriculture. The agricultural products [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal">Afghanistan is an extremely poor, landlocked and highly dependent on foreign aids, agriculture and trade with neighboring countries. However, Afghanistan’s economy is recovering from decades of conflict. It has improved significantly since the fall of the Taliban regime in 2001. Real GDP growth exceeded 7 % in 2007.</p>
<p class="MsoNormal">Afghanistan’s mainstay is agriculture. The agricultural products they produce include opium, wheat, fruits, nuts, wool, mutton, sheepskin and lambskin.</p>
<p class="MsoNormal">Industries in Afghanistan includes small-scale production of textiles, soap, furniture, shoes, fertilizer, cement, hand woven carpet, natural gas, coal and copper. And their export partners are India 22.8%, Pakistan 21.8%, US 15.2%, UK 6.5% and Finland 4.4% as estimated on 2006.</p>
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		<title>Bhutan Economy</title>
		<link>http://saarc.com/travel/country/bhutan/economy/</link>
		<comments>http://saarc.com/travel/country/bhutan/economy/#comments</comments>
		<pubDate>Wed, 02 Jul 2008 19:20:17 +0000</pubDate>
		<dc:creator>Guide</dc:creator>
				<category><![CDATA[Bhutan]]></category>
		<category><![CDATA[Bhutan Economy]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[SAARC]]></category>

		<guid isPermaLink="false">http://saarc.com/travel/?p=15</guid>
		<description><![CDATA[The economy, one of the world&#8217;s smallest and least developed, is based on agriculture and forestry, which provide the main livelihood for more than 60% of the population. Agriculture consists largely of subsistence farming and animal husbandry. Rugged mountains dominate the terrain and make the building of roads and other infrastructure difficult and expensive. The [...]]]></description>
			<content:encoded><![CDATA[<p>The economy, one of the world&#8217;s smallest and least developed, is based on agriculture and forestry, which provide the main livelihood for more than 60% of the population. Agriculture consists largely of subsistence farming and animal husbandry. Rugged mountains dominate the terrain and make the building of roads and other infrastructure difficult and expensive. The economy is closely aligned with India&#8217;s through strong trade and monetary links and dependence on India&#8217;s financial assistance. The industrial sector is technologically backward, with most production of the cottage industry type. Most development projects, such as road construction, rely on Indian migrant labor. Model education, social, and environment programs are underway with support from multilateral development organizations. Each economic program takes into account the government&#8217;s desire to protect the country&#8217;s environment and cultural traditions.</p>
<p>For example, the government, in its cautious expansion of the tourist sector, encourages visits by upscale, environmentally conscientious tourists. Detailed controls and uncertain policies in areas such as industrial licensing, trade, labor, and finance continue to hamper foreign investment. Hydropower exports to India drove GDP growth to over 20% in 2007</p>
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