AGREEMENT ONPreferential Trading Arrangement • September 7th, 2019
The Government of the People's Republic of Bangladesh, the Kingdom of Bhutan, the Republic of India, the Republic of Maldives, the Kingdom of Nepal, the Islamic Republic of Pakistan and the Democratic Socialist Republic of Sri Lanka hereinafter referred to as "Contracting States",
Statement IIPreferential Trading Arrangement • January 23rd, 2015
India and its neighbouring countries namely Nepal, Bhutan, Bangladesh, Sri Lanka, Maldives and Pakistan have orgnaised themselves into South Asian Association for Re- gional Cooperation (SAARC) with the intention, inter-alia, to strengthen trade relations among themselves An agreement for Preferential Trading Arrangement (SAPTA) among the SAARC Member States was signed in 1993 It became op- erational with effect from 7.12.95 with the intention to pro- gressively reduce the tariff incidence for intra-regional trade It is proposed to set up a total Free Trade Area in the region preferably by 2000 A.D. but not later than 2005 A.D Reduc- tion/removal of tariff and non-tariff barriers, exchange of in- formation relating to bulk imports by government agencies, improvement in transport and transit infrastructure, exhibi- tion of existing trade potential of the Member countries with a view to encourage the import requirements of Member countries from within the region, simplification of visa f
AGREEMENT ON SAARC PREFERENTIAL TRADING ARRANGEMENT (SAPTA)Preferential Trading Arrangement • February 4th, 2006
The Government of the People's Republic of Bangladesh, the Kingdom of Bhutan, the Republic of India, the Republic of Maldives, the Kingdom of Nepal, the Islamic Republic of Pakistan and the Democratic Socialist Republic of Sri Lanka hereinafter referred to as "Contracting States",
