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This paper examines those trade and trade-related issues which have most attracted the attention of writers and planners in the region since 1974. The sections give brief overview of the economic fortunes of the individual countries. It examines the link between trade and growth and regional integration (including payments) and the burning issue of adjustment. Some statistical evidence are also examined and policy implications given in the conclusion. (The papers are still in draft and are subject to revision. Not to be quoted or reproduced without the expressed permission of the authors)