SAFTA meet postponed

Kathmandu: The second meeting of the sub-group on non-tariff barriers scheduled for November 6 to 8 of the SAARC countries under South Asia Free Trade Area (SAFTA) has been postponed and the day has not been fixed yet, a ministry source disclosed to The Himalayan Times.

This time, the meeting was supposed to be held in Lahore. The agenda of the meeting was to discuss non-tariff barriers of respective countries on the trade front, says the source. All member countries of SAFTA are facing obstacles in exports.

Despite SAFTA having come into effect on January 1, 2006, SAARC countries have not been able to exploit trade potentials and increase the share of trade at the global level.