The purpose of all SAARC Organization member is cultural, economic,technical, social development. The membership of the regional bloc is comprised of Nepal, Pakistan, India, the Maldives, Sri Lanka, Afghanistan, Bhutan, and Bangladesh. The member countries have established a Free Trade Area (FTA) which will increase their internal trade and lessen the trade gap of some states considerably. In 1992, the organization established a visa exemption scheme allowing various categories of people including journalists and parliamentarians to travel within the region without the need of a visa. The association was established on December 8, 1985, in Dhaka, Bangladesh at a summit hosted by President Hussain Ershad of Bangladesh. India. SAARC stands for South Asian Association for Regional Cooperation; Saarc member countries are Afghanistan Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. Afghanistan joined the organization in 2007. It came into effect on December 8, 1985. The combine population of all member countries is approximately 1.5 billion. Given SAARC’s failures, member countries have turned to bilateralism, which in turn has adversely affected the organisation. The Independent South Asian Commission for Poverty Alleviation (ISACPA) developed a comprehensive set of twenty two SAARC Development Goals (SDGs), under four clusters in 2006: As directed by the Leaders, SAARC is making sustained progress to mainstream SDGs in the national process and develop and implement regional and sub-regional projects towards the attainment of SAARC Development Goals. India thought that the smaller nations would gang up against it while Pakistan feared that India was trying to use the organization to strengthen its dominance in the region a… as of 2015 21% of the world’s population and 3.8% or 2.9 trillion US dollars of its GDP was in the Saarc region. Bhutan. It is an organization of eight South Asian countries. Most of the countries produce similar products which have made intraregional trade stagnate. PM urges SAARC nations to tap Pakistan’s economic potential. Both serve their purpose in the areas identified. Australia, China, European Union, Iran, Japan, Mauritius, Myanmar, the Republic of Korea and United States are the Observers to SAARC. Members can have access to World of opportunities i.e. It is headquartered in Kathmandu, Nepal. Here, common problems can be shared and solved with collective efforts. On the front of Science and Technology, India launched the SAARC satellite but the other member states were not much interested in a technological cooperation with India. Due to rapid expansion within the region, Afghanistan received full-member status and countries are considered observers. SAARC stands for South Asian Association for Regional Cooperation, which is a regional organization comprising of eight nations located in South Asia. In April 2007, at the SAARC’s 14th summit , Afghanistan became its eighth member. Another major challenge is the inadequate infrastructure linking the countries. The lack of political goodwill has also contributed to the low levels of trade. Felicitates governments, citizens of member states on Charter Day. Sri Lanka. The other member countries point to Afghanistan as one example of how South Asia might be able to take on responsibility for itself. SAARC comprises 08 December 2020 Of all the SMSs, only India has significant oil production, which still falls significantly short of domestic demand. SAARC Country Map Showing a map where all member countries are shown with their capitals. Pakistan. The countries were receptive to the idea; however, Pakistan and India were both initially doubtful of the union. Subsequently, India boycotted the 2016 SAARC Summit, which was to be hosted by Pakistan. SAARC Member Countries The South Asian Association for Regional Cooperation (SAARC) was established on December 8, 1985 to organize and unite the governments of of its seven original members: Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka to promote mutual progress and development. SAPTA: South Asia Preferential Trading Agreement for promoting trade amongst the member countries came into effect in 1995. SAARC’s seven founding members are Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lanka. The initial objective was to create a trading bloc that would foster harmony among the South Asian people. The 11 stated areas of cooperation are. cooperation between the member countries. The South Asian Association for Regional Cooperation (SAARC), founded in 1985, is dedicated to improving the welfare of the people of South Asia through economic growth, social progress and cultural development in the region. After the establishment of the organization, the countries agreed to cooperate in five key areas: health and population activities, rural development, agriculture, meteorology, and telecommunications. So at present, there are eight members of SAARC and 9 observers: USA, China, Japan, Australasia, Iran, South Korea, Myanmar, Mauritius and EU. Among those observers … SAARC is one of the few (if only) regional organizations in the world that has more observers than it does member states. India thought that the smaller nations would gang up against it while Pakistan feared that India was trying to use the organization to strengthen its dominance in the region and turn the other countries against Pakistan. Dezember 1985 in Dhaka (Bangladesch) gegründet und hat ihren Sitz in der nepalesischen Hauptstadt Kathmandu. All maps, graphics, flags, photos and original descriptions © 2021 worldatlas.com. The Secretariat of the Association was set up in Kathmandu on 17 January 1987. Rural development (including the SAARC Youth Volunteers Program). Bangladesh. Terrorism is a significant concern for all the countries, and they agreed to cooperate extensively on the issue at the 12th and 13th summits. What is SAARC? Expansion of trade has been slowed down since most countries have adopted protectionist policies. The Fourteenth Summit, held on 3 — 4 April, welcomed the Islamic Republic of Afghanistan as a full fledged member of SAARC. The organization also gives out awards to individuals and organizations who undertake activities that benefit the organization. Also read: Preparing for SAARC 2.0 | Reviving SAARC to deal with China “All member countries have confirmed participation in the meeting, to be … List of SAARC member countries (8) Afghanistan. According to World Bank, intraregional trade has the potential to grow by more than 200% as the bloc has about 21% of the total world population. 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