Which of the following is not true for SAFTA (South Asian Free Trade Area)? Options: A . &nbspIt is a step towards a South Asian customs union and common market. B . &nbspThe agreement came into effect in 2006. C . &nbspThe SAFTA is a trade liberalisation regime. D . &nbspThe SAFTA agreement takes precedence over any other agreement a member country may have with states outside SAFTA.

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

Question

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

Options:

A . It is a step towards a South Asian customs union and common market.

B . The agreement came into effect in 2006.

C . The SAFTA is a trade liberalisation regime.

D . The SAFTA agreement takes precedence over any other agreement a member country may have with states outside SAFTA.

Answer: Option D

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