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The South Asian Association for Regional Cooperation (SAARC) is the regional intergovernmental organization and geopolitical union of states in South Asia. Its member states are Afghanistan , Bangladesh , Bhutan , India , Maldives , Nepal , Pakistan , and Sri Lanka .
The second summit was held in November 17–18 Bangalore, India in 1986. The Heads of State or Government welcomed the signing of the Memorandum of Understanding on the establishment of the SAARC Secretariat by the Council of Ministers and their decision to locate the Secretariat in Kathmandu and appoint Ambassador Abul Ahsan of Bangladesh as the first Secretary-General of south Asian ...
SAARC endorsed SAGQ in 1997. The initial four member countries then requested ADB assistance to promote economic cooperation in the subregion, leading to the creation of the SASEC Program in 2001. Maldives and Sri Lanka were welcomed as new member countries in May 2014. Myanmar became the seventh member of SASEC in February 2017. [7]
The South Asian Free Trade Area (SAFTA) is a 2004 agreement that created a free-trade area of 1.6 billion people in Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka with the vision of increasing economic cooperation and integration.
The rationale behind the creation of SAARC Chamber of Commerce and Industry of the SAARC countries was to promote trade and industry in the region and to develop and achieve common objectives in the areas of trade and industry, moreover, the SAARC Chamber of Commerce and Industry is also accepted as the voice of the private sector across the ...
The Asia Cooperation Dialogue (ACD) is an intergovernmental organization created on 18 June 2002 to promote Asian cooperation at a continental level and to ensure coordination among different regional organizations such as the ASEAN, the Gulf Cooperation Council, the Eurasian Economic Union, the Shanghai Cooperation Organisation, and the SAARC.
Subsequently, the SAARC leaders signed the Charter of the SAARC Development Fund on August 3, 2008, during the Fifteenth SAARC Summit held in Colombo from August 2-3, 2008. In line with this development, a permanent Secretariat for the SDF was inaugurated in Thimphu on April 28, 2010, coinciding with the Sixteenth SAARC Summit. [4] [8]
Pages in category "Member states of the South Asian Association for Regional Cooperation" The following 8 pages are in this category, out of 8 total.