1. Which of the following is not true for SAFTA (South Asian Free Trade Area)?

It is a step towards a South Asian customs union and common market.
The agreement came into effect in 2006.
The SAFTA is a trade liberalisation regime.
The SAFTA agreement takes precedence over any other agreement a member country may have with states outside SAFTA.

Detailed SolutionWhich of the following is not true for SAFTA (South Asian Free Trade Area)?


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