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TOPIC -25

SAARC

Quick points to remember

• South Asian Association for Regional Cooperation is known as SAARC
• It is an inter-governmental organization or association and union of nations
of South Asia and was founded in 1985 in Dhaka.
• SAARC consists of world’s 3% area, 21% population and 3.8% of global
economy
• This association aims to improve economic and regional development of
the member countries India, Pakistan, Afghanistan, Bangladesh, Bhutan,
Nepal and Maldives.
• The SAARC summit should be held at least once a year when needed
where the discussions are made on various topics.
• In SAARC, the ministers of foreign/ external ministers of the member
countries form the council of the ministry.

Introduction

Founded in 1985, SAARC is an association aimed to establish peace, friendly trade
relations, for development of the economic and regional integration between the
member countries. It was founded in Dhaka and has its secretariat in Kathmandu.
The countries of South Asia have similar religions, ethnicities, culture and
development goals. Each year, the SAARC summit is organized to prepare new
policies and ideas.

Till now, there are several successful and beneficial programs proposed by the
members to reduce poverty in member countries, to raise funds for progress and to
create free trade zones. As the initial programs, SAARC made several
achievements. A lot of policies were launched like 7 integrated programs of action,

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