TaxTMI 
TaxTMI 
Operationalization of SAFTA
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....perationalization of SAFTA <br>News and Press Release<br>Dated:- 12-2-2014<br><BR>The South Asia Free Trade Agreement (SAFTA) was signed during the 12th SAARC Summit held at Islamabad in January 2004 ....
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....and came into force from 1st January 2006. All member countries of SAARC namely India, Pakistan, Sri Lanka, Bangladesh, Nepal, Bhutan, Maldives and Afghanistan have agreed to implement SAFTA. Pakist....
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....an has implemented SAFTA. However, in its Notification for SAFTA tariff reductions (as amended vide Order S.R.O. No 280(I)/2012 dated 20.3.2012) Pakistan has moved from 'Positive List' to 'Negative Li....
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....st' comprising of 1209 tariff lines, for import of goods from India. India maintains that this constitutes a derogation of SAFTA, since no reservations are permitted under Article 23 of the SAFTA Agre....
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....ement. The information was given by the Minister of State in the Ministry of Commerce and Industry Dr. E.M. Sudarsana Natchiappan in Rajya Sabha today.<BR> News - Press release - PIB....