SAPTA
E639049
SAPTA is a regional trade agreement among South Asian Association for Regional Cooperation (SAARC) member countries aimed at promoting intra-regional trade through preferential tariff concessions.
Statements (36)
| Predicate | Object |
|---|---|
| instanceOf |
multilateral trade agreement
ⓘ
preferential trade agreement ⓘ regional trade agreement ⓘ |
| abbreviation | SAPTA NERFINISHED ⓘ |
| administeredBy | South Asian Association for Regional Cooperation NERFINISHED ⓘ |
| aim |
liberalize trade in the SAARC region
ⓘ
promote intra-regional trade among SAARC member states ⓘ provide preferential tariff concessions among SAARC countries ⓘ |
| associatedWith | SAARC Secretariat NERFINISHED ⓘ |
| basedOn |
principle of mutual advantage
ⓘ
principle of non-reciprocity for least developed contracting states ⓘ |
| beneficiary | least developed countries in SAARC ⓘ |
| covers | trade in goods ⓘ |
| frameworkFor | negotiating tariff preferences among SAARC members ⓘ |
| fullName | SAARC Preferential Trading Arrangement NERFINISHED ⓘ |
| geopoliticalScope | SAARC member states ⓘ |
| legalNature | binding international agreement ⓘ |
| member |
Afghanistan
NERFINISHED
ⓘ
Bangladesh NERFINISHED ⓘ Bhutan NERFINISHED ⓘ India NERFINISHED ⓘ Maldives NERFINISHED ⓘ Nepal NERFINISHED ⓘ Pakistan NERFINISHED ⓘ Sri Lanka NERFINISHED ⓘ |
| objective |
enhance economic cooperation in South Asia
ⓘ
reduce trade barriers among SAARC members ⓘ |
| organizationType | intergovernmental agreement ⓘ |
| preferentialTreatment |
reduction of customs duties
ⓘ
tariff concessions ⓘ |
| region | South Asia ⓘ |
| relatedTo |
regional economic integration in South Asia
ⓘ
trade liberalization in South Asia ⓘ |
| shortName | SAARC Preferential Trading Arrangement NERFINISHED ⓘ |
| successor |
SAFTA
NERFINISHED
ⓘ
South Asian Free Trade Area NERFINISHED ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.