SAARC

apec
brics
By Pooja Bhaskar
20MIME15043
ON FOR
REGIONAL
COOPERA
TION
(saarc)
 ”
SAARC is the regional intergovernmental organization and 
geopolitical union of states in South Asia. The SAARC comprises
3% of the world's area, 21% of the world's population and 4.21%
(US$3.67 trillion) of the global economy, as of 2019.
saarc member countries
 History

The idea of co-operation among south The officials of the foreign Founded in Dhaka on 8th
Asian countries were discussed in 3 ministries of the seven December 1985
conferences: countries met for the first
• Asian Relations Conference time in Colombo - 1981
• Baguio Conference
• Colombo Powers Conference
 Improve their quality of life – South Asia

Accelerate economic growth, social progress, and

cultural development in the region

Promote collective self reliance among the South

Asian countries

objective Mutual trust, understanding and appreciation of one

another's problem
s of saarc Promote active collaboration and mutual assistance

Strengthen co-operation with other developing

countries

Co-operate with international and regional

organizations
ASIA
Pacefic
Econimic
Corporation
(apec)
 ”
The Asia-Pacific Economic Cooperation (APEC) is an inter-
governmental forum for 21 member economies in the Pacific Rim
 that promotes free trade throughout the Asia-Pacific region. APEC
started in response to the growing interdependence of Asia-Pacific
economies and the advent of regional trade blocs in other parts of
the world. It aimed to establish new markets for agricultural
products and raw materials beyond Europe.

APEC was inspired by ASEAN’S series
APEC started in 1989.
HISTORY
In 1995, APEC established a business
advisory body named the APEC Business
Advisory Council (ABAC), composed of
three business executives from each
member's economy.
During the meeting in 1994
in Bogor Indonesia, APEC
leaders adopted the Bogor Goals
that aim for free and open trade
and investment in the Asia-
Pacific.
 To sustain the growth and development of the region
for the common good of its peoples

To enhance the positive gains, both for the region and

the world economy

objective
To develop and strengthen the open multilateral
s of trading system in the interest of Asia-Pacific and all
other economies
APEC
To reduce barriers to trade in goods and services and
investment among participants 
 Characteristics of
apEc

1. Dynamic economic growth continues

2. Not legally binding in nature
3. Simultaneous participation of the People's
Republic of China, Chinese Taipei and Hong
Kong
4. Consensus-based management
5. Diversity of member economies
BRAZIL
RUSSIA
INDIA
china
south africa
 ”
BRICS is the acronym coined to associate five major economies: 
Brazil, Russia, India, China, and South Africa. The BRICS
members are known for their significant influence on regional
affairs. BRICS is an acronym for the powerful grouping of the
world's leading emerging market economies, namely Brazil,
Russia, India, China and South Africa.
The BRICS mechanism aims to promote peace, security,
development and cooperation.
 HISTORY

Formation September 2006 A full-scale diplomatic meeting was held South Africa officially became a
in Yekaterinburg, Russia, on 16 June member nation on 24 December
2009. 2010
 Characteristics of
brics
Structure
• BRICS does not exist in form of organization, but it is an annual summit between the supreme leaders of five
nations.
• The Chairmanship of the forum is rotated annually among the members, in accordance with the acronym B-R-I-C-
S.
• BRICS cooperation in the past decade has expanded to include an annual programme of over 100 sectoral
meetings.

• Salient Features
• Together, BRICS accounts for about 40% of the world’s population and about 30% of the GDP (Gross Domestic
Product), making it a critical economic engine.
• It’s an emerging investment market and global power bloc
Thank you