“SAPTA” is a trade agreement signed between the:

“SAPTA” is a trade agreement signed between the:

  • (A) ASEAN Nations
  • (B) EU Nations
  • (C) SAARC Nations
  • (D) APEC Nations
SAPTA stands for South Asian Preferential Trading Arrangement. This trade agreement was signed in 1993 by the seven members of SAARC: Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. The objective of SAPTA was to increase trade and economic cooperation by cutting down tariffs.
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Related MCQs:

 ‘NATO’ is an abbreviation of:

  • (A) North Atlantic Treaty Organization
  • (B) Non-Aligned Treaty Organization
  • (C) Non-Aligned Trading Organization
  • (D) North American Transport Organization

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