Opinion

When Subsidies Collide: Why South Asia Needs Rules for Export Support?

Islamabad has placed an expensive bet on itself, and its neighbours may end up paying the difference. In late July, Pakistan's Economic Coordination Committee approved a package of export-finance schemes worth up to $920 million in combined commitments, six-month working capital loans at a fixed 8.5

When Subsidies Collide: Why South Asia Needs Rules for Export Support?