South & Central Asia
Recently, India has managed to attract foreign investments, liberalized FDI in key sectors like defense, real estate, railways, and insurance, and progressed towards energy efficiency. Afghanistan has one of the lowest growth rates of all South Asian countries, at less than 3%. Largely, this is due to pressing security risks and political tension after the suspension of the U.S.-Taliban peace negotiations. However, its agriculture sector continues to grow as favorable weather reverses the impacts of a drought in 2018, prompting economists to favor Afghanistan's GDP growth projections in the next few years. Asia Over the years, China has also increased its port and logistics construction in Sri Lanka. While once thought that the tourism industry would continue to scale up in Sri Lanka, terror bombings in April of 2019 have deterred guests from visiting the small island country. In this situation, the countries of Southeast Asia have the common concern that their region might be ...