Which of the following is not true for SAFTA (South Asian Free Trade Area)?

It is a step towards a South Asian customs union and common market.

The agreement came into effect in 2006.

The SAFTA is a trade liberalisation regime.

The SAFTA agreement takes precedence over any other agreement a member country may have with states outside SAFTA.

Which of the following is not true for SAFTA (South Asian Free Trade Area)? Correct Answer The SAFTA agreement takes precedence over any other agreement a member country may have with states outside SAFTA.

"The SAFTA agreement takes precedence over any other agreement a member country may have with states outside SAFTA" is an incorrect statement.

Bissoy MCQ Team

General Knowledge
World Organisations

Which of the following is not true for SAFTA (South Asian Free Trade Area)?

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