SAFTA committee reviews progress to boost regional trade

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SAFTA Committee of Experts (COE) discussed intra regional trade of the member countries and reviewed the progress in implementations of trade liberalisation programme of the member states, in a meeting. The meeting deliberated various dimensions of trade agenda of SAFTA members. The status of issuance of revised sensitive list by the member countries was also discussed. It was emphasised that all member states may issue necessary notification for revised sensitive list in second phase to bring down the number of products in their sensitive list. The meeting reviewed the progress in this regard and all member states updated about their development. The meeting also reviewed the matters relating to trade in services under SAFTA, non tariff measures and para-tariff measures, intra SAARC trade flows and specific matters related to Least Developed Countries (LDC). The meeting reviewed the progress in implementations of trade liberalisation programme of the member states. Delegates from each country briefed the meeting about the latest position in this regard.