SAFTA came into effect on
1. 1st January 2004
2. 1st January 2006
3. 1st April 2004
4. 1st April 2005

2

The correct answer is Option 2 - 2 (1st January 2006)

The South Asian Free Trade Area (SAFTA) is an agreement among the South Asian Association for Regional Cooperation (SAARC) member countries to promote regional trade and economic cooperation.
SAARC members signed the South Asian Free Trade (SAFTA) agreement which promised the formation of a free trade zone for the whole of South Asia.
The SAFTA Agreement was signed in 2004 and came into effect on 1 January 2006. SAFTA aims at lowering trade tariffs.