South Asian Free Trade Area (SAFTA) Agreement

HEADLINE: High tariffs hindered intra-regional trade among SAARC countries.

Key Obligations

["SAFTA Certificate of Origin for preferential tariff treatment", "Product must meet SAFTA rules of origin", "Compliance with SAFTA sensitive lists"]

Penalty Ranges

Loss of preferential tariff treatment; full duties payable

Affected HS Codes: ["All HS codes"]

Issuing Authority: SAARC Secretariat