Which of the following does SAPTA stand for?

South Asian Preferential Trade Agreement

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South Asian Post Trade Agreement

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SAARC Preferential Trade Agreement

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SAARC Post Trade Agreement

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None of these

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Solution

The correct option is C
SAARC Preferential Trade Agreement

In December 1991, the Sixth Summit held in Colombo approved the establishment of an Inter-Governmental Group (IGG) to formulate an agreement to establish SAARC Preferential Trading Arrangement (SAPTA).

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