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7.7. Causes for the Limited Progress of SAARC
Some of the major reasons for the limited progress on the part of SAARC to take off in any concrete manner has been due to-
4. High level of trust deficit between South Asian nations- as a result of pending border conflicts, water sharing conflicts etc between the members of the region.
o India did put forward a proposal for developing a SAARC Market for Electricity trading
♤ Instead of taking up new areas in its summit declarations, SAARC should focus on trade, connectivity and security and the need to develop a regional identity.
o Need is to finalise a Regional Railways Agreement and complete the preparatory work on an Indian Ocean Cargo and Passenger Ferry Service. Timely completion of demonstration run of a Bangladesh- India-Nepal container train as envisaged in the Addu declaration needs to be taken up.
♤ upgradation of the SAARC Supra Reference Laboratory at Kathmandu,
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