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Question

SAFTA (South Asian Free Trade Agreement) categorises member nations as Non-Least Developed Contracting States (NLDCS) and Least Developed Contracting States (LDCS). Identify the NLDSC states from the following

A. Bangladesh

B. Pakistan

C. Bhutan

D. India

E. Sri Lanka

Choose the correct answer from the options given below:

The correct answer is
E, D and B Only

SAFTA NLDCS States Identification

The South Asian Free Trade Agreement (SAFTA) divides member countries into two main categories: Non-Least Developed Contracting States (NLDCS) and Least Developed Contracting States (LDCS).

Classifying SAFTA Member States

Based on SAFTA classifications, the status of the listed countries is:

  • Bangladesh (A): LDCS
  • Pakistan (B): NLDCS
  • Bhutan (C): LDCS
  • India (D): NLDCS
  • Sri Lanka (E): NLDCS

Identifying the NLDCS Group

The countries classified as Non-Least Developed Contracting States (NLDCS) from the provided list are Pakistan (B), India (D), and Sri Lanka (E).

Therefore, the correct option grouping these NLDCS states is E, D, and B.

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Important Questions from Regional Economic Integration

  1. The headquarters of the ASEAN is located in which of the following country?

  2. Which one of the following FTA was signed in February 2022 and came into force in May 2022?

  3. Mercosur, a South American Trade block is a :

  4. Grouping of countries commited to remove all barriers to the free flow of goods and services between themselves and also pursue independent external trade policies is called

  5. Arrange the following levels of economic integration, from least integrated to the most integrated:

    A. Customs Union

    B. Free Trade Area

    C. Economic Union

    D. Common Market

    E. Political Union

    Choose the correct answer from the options given below

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