South Asian Countries
In Mongolia, for example, 75 percent of agricultural land is allocated to the rearing of livestock, such as sheep, goats, and cattle. Participants issued the Hanoi Declaration in which States pledged to intensify their efforts to address arms smuggling, and to intensify consultations with NWS with a view to their accession to the Protocol to the SEANWFZ Treaty. The Hanoi Plan of Action, also adopted at the Summit, also called for the convening of the Commission for the SEANWFZ to oversee implementation and ensure compliance with the Treaty. Regions Of Asia With increased capital inflows, thecurrent account deficitof the majority of South Asian nations has reduced. Though the currencies have declined against the U.S. dollar, the decline served beneficially to generate more revenues from exports. The same assisted in building highforex reserves, as South Asia received high inflows ofremittances. South Asia Due to tectonic shifts of the various Pacific plates, strong earthquakes r...