BISINISS WORLD NEWS

ISLAMABAD: According to a report jointly conducted and presented by SAARC Chambers of Commerce and Asian Development Bank (ADB), the private sector could bring revolutionary boost to regional economy, Geo news reported.

The report also stated the regional economy could be bettered by abolishing hurdles in issuance of visas, provision of enhanced facilities for custom and removal of non-tariff barriers.

There are glowing chances of investment in sectors like Pharmaceutical, Textile, Information Technology and Tourism in this region housed by over 1.5 billion people, the report said.

According to report, visa-free travel, agreements in motor wheels, fast custom facilities on land routs may boost up regional economy unbelievably quick.