FACTBOX-South Asian Free Trade Area

Newswire

Dec 29 (Reuters) - India approved on Thursday a free-trade pact with its neighbours from Jan. 1 to promote trade and economic ties in South Asia, home to nearly one-fifth of the world's population. Here are key facts about the South Asian Free Trade Agreement (SAFTA): - SAFTA aims to integrate the economies of the South Asian region by removing trade barriers and promoting the free movement of goods between India, Bangladesh, Pakistan, Bhutan, the Maldives, Sri Lanka and Nepal. - The ...

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