Question
Political Science Question on International Organizations
SAFTA came into effect in which year?
Answer
2006
SAFTA (South Asian Free Trade Agreement) came into effect on January 1, 2006. SAFTA is a trade agreement among the member countries of the South Asian Association for Regional Cooperation (SAARC), which aims to promote trade liberalization and economic cooperation in the South Asian region. The agreement aims to reduce tariffs and barriers to trade among the member countries to boost intra-regional trade and economic integration.