FREEDOM FROM BIGOTRY IS NECESSARY FOR THE DEVELOPMENT OF INTERNATIONAL TRADE AND GDP IN THE COUNTRIES OF SOUTH ASIA

Abstract

Bigotry or religious intolerance or religious fundamentalism, rather occurs when a group (e.g., a society, a religious group, a non-religious group) refuses to tolerate one's religious practices or persons or beliefs, especially on religious grounds does. Bigotry is a state of mind in which individuals dislike individuals of national origin, socioeconomic status, other races, genders, sexual orientations, especially religions, while tactfully, dogmatically, showing intolerance. Not a single region of the earth has been spared from a past full of religious intolerance. Constitutional provisions do not necessarily guarantee freedom from religious intolerance, all elements of the state always remain in place and practice can vary widely from country to country. The Asian Development Outlook 2022 predicts that Southeast Asia's GDP would expand by 4.9 and 5.2 percent, respectively, in 2022 and 2023. Southeast Asia was already experiencing an economic slump prior to the epidemic because of rising US-China trade tensions and a decline in global demand. Four industries dominate the region's attention: travel, tourism, medium-sized and small-scale companies (MSME), and agriculture. Health, transportation, tourism, the hospitality industry, and small and medium-sized businesses were among the susceptible industries that were affected by the countrywide lockdown to stop the pandemic's spread. Southeast Asia had several difficulties because of the pandemic, including environmental, financial, economic, and health issues. The impact of bigotry on international trade in South Asia is analyzed in this research paper. In this research paper, the religious composition of the countries of South Asia, population and import-export data with SAARC countries, etc. have been analyzed. The research also explains how other factors contribute to the reduction in international trade.