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South Asian Associatio n Regional Cooperati on
MBA (Banking & Finance) 4th Term, Session 2009-2011
Submitted ByClass Roll NumberExam Roll NumberRomana NargusA-1462
E C L A R T I O N
I declare that this project report entitled “South Asian Association Regional Cooperation” is original and bonafide work of my own in the partial fulfillment of the requirements for the award of the Degree of MASTER OF
BUSINESS ADMINISTRATION (Banking & Finance) and submitted to the
Department of Business Administration, Gomal University Dera Ismail Khan, Khyber.Pakhton.Khwa. The data that has been collected by me is truly authentic and contains true and complete information.
Romana Nargus Class Roll No A-1 Exam Roll No 462
wisdom within and beyond our comprehension. I am proud to say that I am very grateful to my family whose kind prayers and cooperation helped me at every step of my work. Romana Nargus .ACKNOWLEDGEMENT C K N O W L E D G E M E N T All praise to ALLAH. who can help me in every field of life. kind and beneficent. who is forever guidance and knowledge for all human beings on this earth. and the source of all knowledge. Special thanks go to my formative Teacher’s for their cooperation for the sake of our knowledge. the most merciful. He is the only God. All respect and possible tributes goes to my Holy Prophet Mohammad (SAW).
Project on SAARC IN THE NAME OF ALLAH THE MOST GRACIOUS & THE MOST MERCIFUL 15 .
the leaders adopted the Declaration on South Asian Regional Cooperation during a summit which 15 . and Sri Lanka.saarc-sec.980. meetings of foreign secretaries. social. twice annually. In August 1983. In terms of population. founded in 1985 and dedicated to economic.746 km2 (1. Nepal.org/ WHAT IS SAARC? The South Asian Association for Regional Cooperation (SAARC) is an organization of South Asian nations. Bhutan. HISTORY OF SAARC The South Asian Association for Regional Cooperation (SAARC) is an economic and political organization of eight countries in Southern Asia. Nepal English South Asian Mahinda Rajapaksa Fathimath Dhiyana Saeed 5. In the late 1970s. Pakistan. India. Nepal. Headquarters are in Kathmandu. Its seven founding members are Bangladesh. The Bangladeshi proposal was accepted by India. its sphere of influence is the largest of any regional organization: almost 1. Meetings of heads of state are usually scheduled annually.130.Project on SAARC South Asian Association for Regional Cooperation (SAARC) Headquarters Official languages Demonym Chairman Secretary General Total Area Website Kathmandu.5 billion people. and cultural development emphasizing collective self-reliance. Bangladesh President Ziaur Rahman proposed the creation of a trade bloc consisting of South Asian countries. the combined population of its member states. Afghanistan joined the organization in 2007. technological.992 sq mi) http://www. the Maldives. Pakistan and Sri Lanka during a meeting held in Colombo in 1981.
To provide the opportunity to the people of the region to live in dignity and to exploit their potentialities. cultural. agreed on five areas of cooperation. social. cultural. To enhance the self-reliance of the member countries jointly. Social progress and cultural development in the region. social. which also included Nepal. socially and culturally. To provide conductive climate for creating and enhancing mutual trust. With the addition of Afghanistan. To develop the region economically. and also an appropriate number of functional units called 15 . To enhance the mutual assistance among the member countries in the areas of economic. The seven South Asian countries. It is headed by a Secretary General appointed by the Council of Ministers from Member Countries in alphabetical order for a three-year term. To have unity among the member countries regarding the issues of common interest in the international forums.Project on SAARC was held in New Delhi. the total number of member states were raised to eight (8). OBJECTIVES OF SAARC To improve the quality of life and welfare of people of the SAARC member countries. promotion of active collaboration and mutual assistance in the economic. Maldives and Bhutan. Afghanistan was added to the regional grouping at the behest of India on November 13. 2005. technical and scientific fields and strengthening of cooperation among the Member States in international forum on matters of common interest SAARC SECRETARIAT The SAARC Secretariat was established in Kathmandu on 16 January 1987 and was inaugurated by Late King Birendra Bir Bikram Shah of Nepal. Acceleration of economic growth. To extend cooperation to other trade blocks. understanding and application of one another’s issues. scientific and technical fields. To have unity among member countries. To enhance the cooperation with other developing economies. He is assisted by the Professional and the General Services Staff.
The SAARC Secretariat and Member States observe 8 December as the SAARC Charter Day1. Directors and Staff of the SAARC Secretariat at the function to celebrate the 25th SAARC Charter Day. 2009 in Kathmandu 15 . structure and administration of the SAARC Secretariat as well as the powers of the Secretary-General. In several recent meetings the heads of state or government of member states of SAARC have taken some important decisions and bold initiatives to strengthen the organisation and to widen and deepen regional co-operation. and serves as a channel of communication between the Association and its Member States as well as other regional organizations. The Secretariat coordinates and monitors implementation of activities. Secretary General. India contains various clauses concerning the role. prepares for and services meetings.Project on SAARC Divisions assigned to Directors on deputation from Member States. The Memorandum of Understanding on the establishment of the Secretariat which was signed by Foreign Ministers of member countries on 17 November 1986 at Bangalore.
Project on SAARC ACTIVITIES OF SECRETARIAT SECRETARIES GENERAL Abul Ahsan Kant Kishore Bhargava Ibrahim Hussain Zaki Yadav Kant Silwal Naeem U. 1987 to 15 October 1989 October 17. 1993 January 1. These Centres are managed by Governing Boards comprising representatives from all the Member States. 2005 to February 29. 2002 January 11. Rahim Lyonpo Chenkyab Dorji Sheel Kant Sharma January 16. 1998 January 1. Hasan Nihal Rodrigo Q. 2002 to February 28. SAARC Secretary-General and the 15 .A. 1992 to December 31. 1989 to December 31. 1994 to December 31.M.A. 2008 March 1. 2008 to present REGIONAL CENTERS The SAARC Secretariat is supported by following Regional Centres established in Member States to promote regional cooperation. 1999 to January 10. 1995 January 1. 1991 January 1. 2005 March 1. 1996 to December 31.
Islamabad SAARC Coastal Zone Management Centre (SCZMC). Sri Lanka AREA OF CORPORATION Agriculture and Rural Development Health and Population Activities Women. Maldives SAARC Information Centre (SIC).Project on SAARC Ministry of Foreign/External Affairs of the Host Government. SAARC Agricultural Centre (SAC). Dhaka SAARC Tuberculosis Centre (STC). Bhutan SAARC Cultural Centre (SCC). Nepal SAARC Energy Centre (SEC). Kathmandu SAARC Documentation Centre (SDC). ESTABLISHMENT OF HIGH LEVEL WORKING GROUP IN AREAS: Information and Communications Technology Biotechnology Intellectual Property Rights Tourism Energy The council Council of ministers ORGANIZATION STRUCTURE OF SAARC Standing Committee Programming Committee Technical Committee 15 Secretariat . India SAARC Forestry Centre (SFC). The Director of the Centre acts as Member Secretary to the Governing Board which reports to the Programming Committee. Dhaka SAARC Meteorological Research Centre (SMRC). Pakistan SAARC Disaster Management Centre (SDMC). New Delhi SAARC Human Resources Development Centre (SHRDC). Youth and Children Environment and Forestry Science and Technology and Meteorology Human Resources Development and Transport.
COUNCIL OF MINISTERS REPRESENTATIVES: Represented by the foreign ministers of member Governments MEETINGS: The Council meets twice a year or more times if necessary FUNCTION OF COUNCIL OF MINISTERS It reviews the functioning Of whole body system It formulates policies Decides the new areas of coordination among the nations Establishment of any additional mechanism if any Decides the issues of general interests to the SAARC member countries 15 .Project on SAARC THE COUNCIL REPRESENTATIVES Represented by the heads of foreign Minister of the member of Government FUNCTIONS: The Highest Policy making body MEETING: The Council meets once in two years.
Project on SAARC STANDING COMMITTEE REPRESENTATIVES: It consists of Foreign secretaries of members governments MEETINGS : It is uncertain Meeting will be held whenever there is a necessary FUNCTIONS OF STANDING COMMITTE PROGRAM COMMITTEE REPRESENTATIVE: It includes the senior officials of the member Governments Functions of Technical TECHNICAL COMMITTEE Committee REPRESENTATIVE: It comprises the representatives of all countries. Formulating Projects & programmes in their respective areas Monitoring & Implementing Projects Submitting reports to the Standing Committee via the Programme Committee 15 .
Project on SAARC TECHNICAL COMMITTEES OF SAARC CHARTERS OF SAARC • • SAARC Charter (Signed in Dhaka on 08th December 1985) SAARC Social Charter (Signed in Islamabad on 04th January 2004) 15 .
Project on SAARC 15 .
Project on SAARC 15 .
Project on SAARC SAARC Social Charter 15 .
Project on SAARC THE OBJECTIVE OF THE ASSOCIATION AS DEFINED IN THE CHARTES ARE: • • To promote the welfare of the people of South Asia and to improve their quality of life. To accelerate economic growth. 15 . social progress and cultural development in the region and to provide all individuals the opportunity to live in dignity and to realize their full potential.
Iran requested observer status. With the addition of Afghanistan. To promote active collaboration and mutual assistance in the economic. DHAKA 2009 SUMMIT The summit accorded observer status to People's Republic of China. The European Union has also indicated interest in being given observer status. Japan. Followed shortly by the entrance of Mauritius. and made a formal request for the same to the SAARC Council of Ministers meeting in July 2006. South Korea and the European Union.Project on • • • • • • SAARC To promote and strengthen collective self-reliance among the countries of South Asia. to infrastructure. To contribute to mutual trust. In April 2006. and became a member on 3 April 2007. the United States of America and South Korea made formal requests to be granted observer status. On 2 August 2006 the foreign ministers of the SAARC countries agreed in principle to grant observer status to the US. On 4 March 2008. To strengthen cooperation among themselves in international forums on matters of common interest. understanding and appreciation of one another's problems. and To cooperate with international and regional organizations with similar aims and purposes. Afghanistan was added to the regional grouping at the behest of India on 13 November 2005. that would cover all SAARC programs and also ranging from social. South Korea and United States of America. social. The nations also agreed to organize development funds under a single financial institution with a permanent secretariat. To strengthen cooperation with other developing countries. the total number of member states were raised to eight (8). CURRENT MEMBERS (alphabetically) Afghanistan Bangladesh Bhutan India Maldives Nepal Pakistan Sri Lanka 15 . cultural. technical and scientific fields. to economic ones.
India agreed on granting observer status to the PRC along with Japan. finds it too early to apply for full membership.Project on SAARC OBSERVER Australia China European Union Iran Japan Mauritius Myanmar (Burma) South Korea United States of America FUTURE MEMBERSHIP The People's Republic of China has shown its interest in joining SAARC. China seeks greater involvement in SAARC. announced their support for the membership of China. the Foreign Minister of Iran. however. and is supported by India. China's entry in to SAARC will likely balance India's overbearing presence there. Iran asked to join the SAARC as an observer. SAARC Secretary-General Lyonpo Chenkyab Dorji responded by saying that Iran's request for observer status would be taken up during a meeting of ministers of foreign affairs of SAARC member countries in the 3 April summit in New Delhi. has traditionally enjoyed strong cultural. a state with borders to two SAARC members. and is supported by Sri Iran. Lanka. On 22 February 2005. Indonesia intends to become an observer as well. India is against the prospect of Chinese membership. On 3 March 2007. Kamal Kharrazi. during the 2005 Dhaka summit. Nepal along with Pakistan and Bangladesh. 15 . While Pakistan and Bangladesh support China's candidature. However. economic and political relationships with Afghanistan and Pakistan and has expressed its desire to become a member of the South Asian organization. During the 14th summit. Russia intends to become an observer as well. indicated Iran's interest in joining SAARC by saying that his country could provide the region with "East-West connectivity".
India is currently backing Myanmar. 1997 August 1–3. Myanmar’s military regime officially applied for full SAARC membership in May 2008. 1995 April 3–4. 2004 December 21. 1990 January 2–6. Myanmar will become the ninth member in the group. 2008 April 28–29. However. LIST OF SAARC SUMMITS 1st 2nd 10t 3rd h 11t 4th h 5th 12t 6th h 13t 7th h 8th 14t 9th h 15t h 16t h No.Project on SAARC Myanmar has expressed an interest in joining as a full member. 1988 November 21–23. 1991 November 12–13. 1986 November 2–4. South Africa has participated in meetings.1998 July 29–31. the application is still being considered and the government is currently restricted to observer status. even though it is already a member of the ASEAN. 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 11th 12th Location Dhaka Bangalore Kathmandu Islamabad Malé Colombo Dhaka New Delhi Malé Colombo Kathmandu Islamabad Date 7–8 December 1985 16–17 November 1986 2–4 November 1987 29–31 December 1988 21–23 November 1990 21 December 1991 10-11 April 1993 2–4 May 1995 12–14 May 1997 29–31 July 1998 4–6 January 2002 2–6 January 2004 Dhaka Bangalore Colombo Kathmandu Kathmandu Islamabad Malé Islamabad Colombo Dhaka New Delhi New Delhi Malé Colombo Thimphu December 7–8. 2010 15 . 1985 November 16–17. If done so. 2005 April 10–11. 1993 May 2–4. 1987 January 4–6. 2007 May 12–14. 2002 December 29–31.
semi-processed and processed forms. recognition of the special needs of the Least Developed Contracting States and agreement on concrete preferential measures in their favour. Pakistan. 2. and trade and tariff policies and systems. Nepal.Project on 13th 14th 15th 16th 17th Dhaka New Delhi Colombo Thimphu Addu SAARC 12–13 November 2005 3–4 April 2007 1–3 August 2008 28–29 April 2010 November 2011 (Planned) SAARC PREFERENTIAL TRADING AGREEMENT The Agreement on SAARC Preferential Trading Arrangement (SAPTA) was signed on 11 April 1993 and entered into force on 7 December 1995. the pattern of their external trade. Product Areas (scope) All raw materials Semi finished products Finished goods 15 . improved and extended in successive stages through periodic reviews. with the desire of the Member States of SAARC (India. The basic principles underlying SAPTA are: 1. 3. four rounds of trade negotiations have been concluded under SAPTA covering over 5000 commodities. So far. 4. manufactures and commodities in their raw. taking into account their respective level of economic and industrial development. Bangladesh. overall reciprocity and mutuality of advantages so as to benefit equitably all Contracting States. Sri Lanka. The establishment of an Inter-Governmental Group (IGG) to formulate an agreement to establish a SAPTA by 1997 was approved in the Sixth Summit of SAARC held in Colombo in December 1991. negotiation of tariff reform step by step. inclusion of all products. Bhutan and the Maldives) to promote and sustain mutual trade and economic cooperation within the SAARC region through the exchange of concessions.
Mr. Najmul Hasnain Shah (Pakistan) 2001: Creative Photography: South Asian Diversity .Project on SAARC SAARC YOTH AWARD The SAARC Youth Award is awarded to outstanding individuals from the SAARC region.Dr. Sukur Salek (Bangladesh) 1998: New Inventions and Discoveries . The recipients who receive this award are ones who have dedicated their lives to their individual causes to improve situations in their own countries as well as paving a path for the SAARC region to follow.Mr. Previous Winners: 1997: Outstanding Social Service in Community Welfare .Mr. Ajij Prasad Poudyal (Nepal) 2006: Promotion of Tourism in South Asia . Syed Zafar Abbas Naqvi (Pakistan) 2008: From Himalayan glaciers to verdant plains to coral reefs – protecting the Environment in South Asia . Md. The Committee for the SAARC Youth Award selects the best candidate based on his/her merits and their decision is final. Protection of the Environment and Disaster relief.Mr. Masil Khan (Pakistan) 2003: Invention in the Field of Traditional Medicine . The award recognizes and promotes the commitment and talent of the youth who give back to the world at large through various initiatives such as Inventions.Ms. Uswatta Liyanage Deepani Jayantha (Sri Lanka) Web References 15 . The award is notable due to the recognition it gives to the Award winner in the SAARC region.Mr. Hassan Sher (Pakistan) 2004: Outstanding contribution to raising awareness for TB and/or HIV/AIDS . The award is based on specific themes which apply to each year. Mushfiqul Alam (Bangladesh) 2002: Outstanding contribution to protect the Environment .Dr.
shlideshare.org/ SAARC 15 .Scribd.com/shanza malik www.com www.google.Project on www.saarc-sec.net www.
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