About SAARC [ South Asian Association for Regional Cooperation ]
About SAARC [ South Asian Association for Regional Cooperation ]
SAARC is South Asian Association for Regional Cooperation.
The member nations of the grouping are Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Sri Lanka and Pakistan.
SAARC comprises of 21% of world population and 3.8% of world economy.
SAARC was founded in Dhaka.
There is no anthem for SAARC as that of other groupings (Eg: ASEAN)
As soon as SAARC was formed, SAFTA – South Asian Free Trade Agreement was the first major and fruitful step.
It was signed in 2004. The agreement increased the exports substantially from 206 billion USD in 2009 to 602 billion USD in 2010.
The primary objective of the organization is to promote welfare of the people of South Asia accelerating their social and economic growth.
The primary objective of the organization is to promote welfare of the people of South Asia accelerating their social and economic growth.