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of <h1>SAFTA Rules of Origin: Criteria for Preferential Trade Among SAARC Nations Effective July 2006.</h1> The notification outlines the rules of origin under the South Asian Free Trade Area (SAFTA) agreement, effective from July 1, 2006. It specifies criteria for determining the origin of goods eligible for preferential treatment among SAARC member states, which include Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. The rules distinguish between products wholly produced or obtained and those not wholly produced, detailing processes that do not qualify for origin status. It also covers regional cumulation, special treatment for least developed states, valuation methods, and procedures for issuing and verifying certificates of origin. The notification includes provisions for consultation and cooperation among member states to prevent circumvention of these rules.
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