Question
Download Solution PDFWhich of the following is not a member of South Asian Preferential Trade Agreement (SAPTA)?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is option 1.
Key Points
South Asian Preferential Trade Agreement
- Established by: SAARC (South Asian Association for Regional Cooperation)
- Signed on: 11 December 1993
- Came into force: 7 December 1995
- Objective: To promote intra-regional trade and economic cooperation among SAARC member countries through preferential tariffs.
- SAPTA Member Countries (All SAARC Members):
- India
- Pakistan
- Bangladesh
- Nepal
- Bhutan
- Sri Lanka
- Maldives
- Afghanistan (joined SAARC in 2007, became a part of trade discussions later). Hence, option 1 is correct.
Last updated on Jul 7, 2025
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