SAFTA stands for ---
A
South Asian Free Trade Area
B
South African Free Trade Area
C
South Asian Free Trade Agreement
D
South Asian Faian Trade Agreement
Correct Answer: South Asian Free Trade Area
The South Asian Free Trade Area (SAFTA) is the free trade arrangement of the South Asian Association for Regional Cooperation (SAARC). The agreement came into force in 2006, succeeding the 1993 SAARC Preferential Trading Arrangement.