Advertisement
X

Track-II Commerce

Current official trade:
$200-250 million*

Potential trade in conducive environment:
$3-4 billion

Trade under SAFTA:
$5 billion (expected by 2006)

*Average annual figure per year during the period from 2000-01 to 2002-03


Third country trade:
$1 billion

Contraband trade:
$1-2 billion

Loss of government revenue due to loss of customs duties(at 20 per cent):
$0.20-$0.40 billion

Published At:
US