Published: Saturday 04 July 2015

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.

Subscribe to Weekly Newsletter :

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.