South Asian Free Trade Agreement: SAFTA required the developing countries in South Asia (India, Pakistan and Sri Lanka) to bring their duties down to 20% in the first phase of the two-year period which ended in 2007. In the final five-year phase, which ended in 2012, the 20% duty was reduced to zero in a series of annual cuts. (The least developing country group in South Asia (Nepal, Bhutan, Bangladesh and Maldives) get an additional three years to reach zero duty, until 2017).
source: california fashion association