South Asian Free Trade Area - Wikipedia
History. The Agreement on SAARC Preferential Trading Arrangement (SAPTA) was signed on April 11, 1993, and entered into force on December 7, 1995, with the desire of the Member States of SAARC (India, Pakistan, Sri Lanka, Nepal, Bangladesh, Bhutan, Afghanistan and the Maldives) to promote and sustain mutual trade and economic cooperation …