South And Central Asian Affairs

Exploitation of the migrants can occur in the process of movement when they may be forced to pay exorbitant amounts of money or suffer physical abuse. There have been several documented cases of undocumented migrants from the region losing their lives due to suffocation or drowning in the process of migration. At destinations they can be subject to exploitation and discrimination especially if they are undocumented migrants. Such migrants usually are depicted as criminals rather than as victims of the groups that exploit them in the process of migration or at the destination. In 1994, remittances from overseas workers accounted for 34 percent of the revenues earned from all goods and services exported from Bangladesh. In the case of India, Pakistan, and Sri Lanka, this percentage ranged from 14 to 17 percent.

Southeast Asian Studies: Society

If the existing trade barriers are eliminated facilitating regulated trade flow, the untapped potential can do wonders for this region. Though the large nations in the region, India and Pakistan, have successfully managed to increase their trade share with East Asian and Sub-Saharan African nations in recent times, a lot of potential with other developing nations still remains untapped. In fact, South Asia as a whole has remained closed off to the rest of the world, due to a lack of economic integration.

Most Widely Spoken Native Languages In Asia

However, a few industries have already been born and are experiencing enormous growth, such as advanced robotics, autonomous vehicles, additive manufacturing/3-D printing, telecommunications and mobile phones, and biotechnology. The United States and Western Europe have made significant progress in all these industries. A brief overview of how these industries are growing in Asia, particularly in China, India, Hong Kong, Japan, South Korea, Singapore, and Taiwan, will be discussed in the following sections. The British also dominated trade with China through their control of ports in Singapore and Hong Kong. The gross domestic products of India and China declined, while the GDPs of Western Europe and the United States increased . Japan’s Shinkansen train network is one of the world’s fastest high-speed railway lines.

Today, Asian countries rank as some of the top producers of many agricultural, forest, fishing, mining, and industrial products. This increased production has brought both extreme wealth and negative environmental impacts to the continent. The geographic term “Asia” was originally used by ancient Greeks to describe the civilizations east of their empire. Ancient Asian peoples, however, saw themselves as a varied and diverse mix of cultures—not a collective group.

They welcomed China’s announcement made in July 1999 of its readiness to accede to the Protocol to the Treaty, and called on the other NWS to exercise greater flexibility in consultations on the Protocol. The Ministers reiterated importance of CBMs and PD in the intra-regional relations and stressed the importance of continued participation of defense and military officials in the ARF process. In view of the US withdrawal from the 1972 Anti-Ballistic Missile Treaty, the Ministers welcomed the signing of the Treaty on Strategic Offensive Reductions between the Russian Federation and the United States on 24 May 2002. They noted the importance of this Treaty as a contribution to strategic balance, world peace, and long-term international security. They further called for the NWS to continue dialogue to look for new ideas and approaches to address the issue of nuclear disarmament.

On 2 April, Defense Secretary Chuck Hagel joined defense ministers from the 10 Asia-Pacific countries for an unofficial meeting. The purpose of the meeting was to strengthen and “rebalance” the relationship between the United States and ASEAN. On 8 October, the Republic of the Union of Myanmar delivered a statement on behalf of ASEAN during the opening statements for the General Assembly First Committee.

United Nations Subdivisions

Nations like Bangladesh have emerged as major exporters of textile products and have benefited from lower prices of cotton. However, while many energy-hungry nations such as India have efficiently used the recent low cost of oil to stockpile huge inventories of oil for future use, rising energy prices present long-term downside risks. The primary South Asian countries include India, Pakistan, Bangladesh, Afghanistan, and Sri Lanka, as well as smaller nations including Nepal, Bhutan, and the Maldives. Since most of the inhabitants (85%) live in the European part of the country, Russia is listed in our overview of Europe.

At the same time, as most South Asian countries are not huge importers of finished goods, many are involved in importing raw commodities to manufacture finished goods for export. Still, cheaper imports have allowed the manufacturing of finished products at lower costs, offering a competitive advantage for international exports. This article explores the economic potential of South Asian countries, and what makes each of these nations have the next high-growth potential. The Asian Development Bank is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.