what are the agreement between India and saarc countries
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India has a signed a Preferential Trade Agreement (PTA) on March 6,2003 with the Afghanistan, according to which preferential tariff is granted by the Government of Afghanistan on eight items exported from India including tea, medicines, sugar, cement. Bangladesh is one of the largest export markets for Indian trade.
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After a decade of establishment of SAARC, a regional economic cooperation agreement called South Asian Preferential Trade Agreement (SAPTA) came into existence in 1995 that led to higher level of intra‐regional trade liberalization and economic cooperation among the member countries.
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