The South Asia Free Trade Agreement (SAFTA) was signed in 2004, but came into force on 01 January, 2006. Original member countries were Bangladesh, Bhutan, India, Pakistan, Maldives, Nepal and Sri-Lanka. Later, Afghanistan acceded to the Agreement through approval at the Fifteenth SAARC Summit held in Colombo on 2-3 August 2008.
The SAFTA Agreement also has a common Rules of Origin (RoO) for determining the eligibility to tariff benefits available under the Agreement.
Trade liberalization program (TLP) under SAFTA commenced on 1 July 2006. Member countries maintain a sensitive list, and products appearing in the sensitive lists will not enjoy tariff concessions. Under the trade liberalization program (TLP), all SAARC countries have been implementing SAFTA by issuing necessary customs notifications. These notifications issued by other member countries allow Bangladeshi exporters to receive tariff concessions if they export their products to those countries.
To download the latest TLP notifications under SAFTA issued by Afghanistan, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka, click on the respective documents below:
- Afghanistan TLP Notification
- Bhutan TLP Notification
- India Revised Sensitive List for LDCs
- India Revised Sensitive List for NLDCs
- Maldives TLP Notification
- Nepal TLP Notification
- Pakistan TLP Notification
- Sri Lanka TLP Notification
For more details and updated information on SAFTA issues, visit www.saarc-sec.org.