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World Bank wants South Asia to cut tariffs despite global protectionist wave

As the world builds tariff walls, the World Bank wants South Asia to tear them down. With 16 million people entering the job market annually but only 10 million finding work, the region faces a stark choice: embrace trade liberalisation that could unlock manufacturing growth or maintain protectionist barriers that may be trapping workers in low-productivity sectors

October 10, 2025 / 09:30 IST
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