South Asian Free Trade Area

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South Asian Free Trade Area

international agreement

Also known as: SAFTA

Learn about this topic in these articles:

South Asian Association for Regional Cooperation

In South Asian Association for Regional Cooperation: Initiatives and issues
The South Asian Free Trade Area (SAFTA), established by SAARC in 2004 and operational since 2006, has achieved little progress, especially when compared with the ASEAN Free Trade Area (AFTA). Within ASEAN, trade conducted between member countries grew significantly from 1992 to 2017. Indeed, intraregional imports…
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