South Asian nations - Bangladesh, Pakistan, India, Nepal, Bhutan and Maldives - will now be bound by the South Asian Preferential Trading Arrangement (SAPTA) which is to come into force from December 7. The agreement will allow concessional trade among the seven members. "Arrangements like SAPTA are crucial for the success of a regional forum to promote coo tion in core economic areas and trade," states Yadav Silwal, secretary-general, SAARC.
We are a voice to you; you have been a support to us. Together we build journalism that is independent, credible and fearless. You can further help us by making a donation. This will mean a lot for our ability to bring you news, perspectives and analysis from the ground so that we can make change together.
.png)
Comments are moderated and will be published only after the site moderator’s approval. Please use a genuine email ID and provide your name. Selected comments may also be used in the ‘Letters’ section of the Down To Earth print edition.