Question: What is SAARC?
Answer:
SAARC stands for South Asian Association for Regional Co-operation. It is established on December 08,1985. It has 8 member countries. Member courtiers are 1. Bangladesh, 2. India. 3. Pakistan. 4. Srilanka.5. Nepal. 6. Bhutan, 7.Maldives. 8. Afghanistan.
Question: What is SAPTA stands for?
Answer:
SAARC Preferential Trading Arrangement.
Question: What is SAFTA stands for?
Answer:
South Asian Free Trade Area.
what is the difference between SAFTA and SAPTA ?
ReplyDeleteI think SAPTA is the first stage of SAFTA
ReplyDeleteSAPTAis the preferential trade agreement which initiated some trade liberalization policies among the member states of SAARC. whereas its successor, SAFTA, brought additional and improved trade liberalization and harmonization policies.
ReplyDeleteVery nice post.. and I think SAPTA is the first stage of SAFTA please tellme prothombarta/
ReplyDelete