South Asian Free Trade Area
The South Asian Free Trade Area (SAFTA) is an agreement reached on January 6, 2004, at the 12th SAARC summit in Islamabad, Pakistan. It created a free-trade area of 1.6 billion people in Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka to reduce customs duties of all traded goods to zero by the year 2016. The SAFTA agreement came into force on January 1, 2006, and is operational following the ratification of the agreement by the eight governments. SAFTA required the developing countries in South Asia (India, Pakistan and Sri Lanka) to bring their duties down to 20 percent in the first phase of the two-year period ending in 2007. In the final five-year phase ending in 2012, the 20 percent duty was reduced to zero in a series of annual cuts. The least devel
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ASEAN–India Free Trade AreaAsia-Pacific Trade AgreementCommerce & Trade GroupEconomy of AsiaEconomy of BangladeshEconomy of BhutanEconomy_of_IndiaEconomy of NepalEconomy_of_PakistanEconomy of Sri LankaEconomy of the MaldivesForeign relations of PakistanForeign relations of the MaldivesForeign trade of PakistanHistory of Indian foreign relationsIndex of Sri Lanka–related articles (S)Index of international trade articlesIndia–Maldives relationsIndia–Pakistan relationsIndia–Sri Lanka relationsKontthoList of bilateral free-trade agreementsList of multilateral free-trade agreementsNepal–Pakistan relationsPolitics of AsiaRam Upendra DasRegional Comprehensive Economic PartnershipSaftaSouth_AsiaSouth Asia Free Trade AgreementSouth_Asian_Association_for_Regional_CooperationSouth Asian Economic UnionSouth Asian Free Trade AreaSouth Asian Preferential Trade ArrangementSubregionTrade barrierTrade bloc
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South Asian Free Trade Area
The South Asian Free Trade Area (SAFTA) is an agreement reached on January 6, 2004, at the 12th SAARC summit in Islamabad, Pakistan. It created a free-trade area of 1.6 billion people in Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka to reduce customs duties of all traded goods to zero by the year 2016. The SAFTA agreement came into force on January 1, 2006, and is operational following the ratification of the agreement by the eight governments. SAFTA required the developing countries in South Asia (India, Pakistan and Sri Lanka) to bring their duties down to 20 percent in the first phase of the two-year period ending in 2007. In the final five-year phase ending in 2012, the 20 percent duty was reduced to zero in a series of annual cuts. The least devel
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El Área de Libre Comercio de A ...... l SAFTA el 4 de mayo de 2011.
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L'accord de libre-échange de l ...... éductions de tarifs douaniers.
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O acordo de área de livre comé ...... mas não ratificaram o Tratado.
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The South Asian Free Trade Are ...... SAFTA protocol on 4 May 2011.
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منطقة جنوب آسيا للتجارة الحرة ...... لسلع إلى الصفر بحلول عام 2016.
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1,024,622,784
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El Área de Libre Comercio de A ...... iados a cero para el año 2016.
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L'accord de libre-échange de l ...... e de l'ASACR en 2007, en 2011.
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O acordo de área de livre comé ...... mercadorias até o ano de 2016.
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The South Asian Free Trade Are ...... f annual cuts. The least devel
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منطقة جنوب آسيا للتجارة الحرة ...... لسلع إلى الصفر بحلول عام 2016.
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Accord de libre-échange de l'Asie du Sud
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Acordo de Área de Livre-Comércio do Sul da Ásia
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South Asian Free Trade Area
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Área de Libre Comercio de Asia del Sur
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منطقة جنوب آسيا للتجارة الحرة
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