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Harshad Parulekar Harshal Amrutkar Damodar Nair Vijay Adavakar Atul Rane Dheeraj Singh
The South Asian Association for Regional Cooperation (SAARC) is an organization of South Asian nations, founded in December 1985 and dedicated to economic, technological, social, and cultural development emphasizing collective self-reliance. Its seven founding members are Bangladesh , Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lanka. Afghanistan joined the organization in 2005. Meetings of heads of state are usually scheduled annually; meetings of foreign secretaries, twice
and child welfare. culture. and sports.INTRODUCTION CONTINUED. transport. science and technology. tourism. rural development (including the SAARC Youth Volunteers Program). population.. health. communications. SAARC economies have been pursuing liberalization & looking towards greater Asia through bilateral FTAs . The 11 stated areas of cooperation are agriculture. the environment and meteorology. education.
The Committee of the Whole.HISTORY The concept of SAARC was first adopted by Bangladesh during 1977. identified five broad areas for regional cooperation. New . which met in Colombo in August 1985. The foreign secretaries of the seven countries met for the first time in Colombo in April 1981. under the administration of President Ziaur Rahman . The idea of regional cooperation in South Asia was again mooted in May 1980.In the late 1970s. SAARC nations agreed upon the creation of a trade bloc consisting of South Asian countries.
COUNTRY SHARE OF SAARC .
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. .OBJECTIVES to promote the welfare of the people of South Asia and to improve their quality of life. to accelerate economic growth. to promote and strengthen collective selfreliance among the countries of South Asia.
o o o . cultural. social. and To cooperate with international and regional organizations with similar aims and purposes. To strengthen cooperation among themselves in international forums on matters of common interest. technical and scientific fields. To strengthen cooperation with other developing countries.OBJECTIVES CONTINUED o To promote active collaboration and mutual assistance in the economic.
MEMBERSHIP Current members (alphabetically) AFGHANISTAN Bangladesh Bhutan INDIA MALDIVES NEPAL PAKISTAN SRI LANKA .
SAARC LEADERS .
New Delhi 5. Pakistan 9. Nepal 8. Dhaka 2. India .SAARC Human Resources Development Centre (SHRDC).SAARC Meteorological Research Centre (SMRC).SAARC Information Centre.SAARC Disaster Management Centre.SAARC Costal Zone Management Centre. Dhaka 3.SAARC Agricultural Information Centre (SAIC).Kathmandu 4.SAARC Documentation Centre (SDC). Islamabad 6.VARIOUS CENTRES OF SAARC 1.SAARC Tuberculosis Centre (STC). Maldives 7.SAARC Energy Centre.
1998 Nihal Rodrigo January 1.A. 1999 to January 10. Rahim January 11.M. 1991 Ibrahim Hussain Zaki January 1.SECRETARIES GENERAL Abul Ahsan January 16. 1994 to December 31. 1989 to December 31. 1995 Naeem U. 2002 to February 28.A. 2002 Q. Hasan January 1. 1996 to December 31. 2005 Lyonpo Chenkyab Dorji March 1. 1992 to December 31. 2005 to February 29. 1987 to 15 October 1989 Kant Kishore Bhargava October 17. 1993 Yadav Kant Silwal January 1. 2008 .
The region is poor and over populated. Predominance of agriculture . Therefore dependence of the economy on . all countries have same cultural background and history. As a result of British Colonialism.REASONS FOR FORMATION OF SAARC One of the major objectives of formation of SAARC forum was to accelerate the process of economic and social development in member States.
has traditionally enjoyed strong cultural. o o o o . a state with borders to two SAARC members. On 22 February 2005 Russia intends to become an observer as well and is supported by India Myanmar has expressed an interest in joining as a full member. even though it is already a member of the ASEAN. and is supported by Sri Lanka Iran.FUTURE MEMBERSHIP o The People's Republic of China has shown its interest in joining SAARC. Indonesia intends to become an observer as well. economic and political relationships with Afghanistan and Pakistan and has expressed its desire to become a member of the South Asian organization.
and the E. Australia and Myanmar have expressed desire to be conferred observe status . have been given observer status. Mauritius.SOUTH ASIAN FREE TRADE AREA (SAFTA) SAFTA Agreement was signed at the 12th SAARC Summit in January 2004 at Islamabad. Afghanistan was made the 8th member by a decision of the 13th SAARC Summit in Dhaka in November 2005.S.U. SAFTA actually came into force on 1 July 2006. Japan. Iran. South Korea. China . the U. Originally scheduled to start on 1 January 2006.
Maldives and Bangladesh.OBJECTIVES The primary objective of SAFTA is to benefit the small economies of countries like Bhutan. A major objective of SAFTA is to expand intra-regional trade Providing greater opportunities of employment Increase the share in the total volume of South Asian Trade Strengthening intra-regional economic Cooperation .
Consultations and Dispute Settlement Procedures 5. Any other instrument that may be agreed upon. .INSTRUMENTS The SAFTA Agreement will be implemented through the following instruments: 1. Trade Liberalisation Programme 2. Safeguard Measures 6. Rules of Origin 3. Institutional Arrangements 4.
INTRA-SAARC TRADE FLOWS UNDER SAFTA .
It will be a step toward better political relations and peace Dynamic gains will be more significant than static gains Part of the informal trade will be diverted to official channels and bring revenue and other benefits .EFFECTS OF SAFTA : POSITIVE VIEWS SAFTA will bring significant gains for the small economies of the region It will attract foreign capital.
Some member countries may even lose.EFFECTS OF SAFTA : NEGATIVE VIEWS SAFTA does not meet the standard economic criteria for successful integration Long sensitive lists of members will lower the benefits of trade SAFTA will benefit India the most. . SAFTA will lead to trade diversion. the expansion of intra-regional trade will be limited. Because of similar production structures in member countries.
Youth and Children Environment and Forestry Science and Technology and Meteorology Human Resources Development Transport. .AREAS OF COOPERATION Agriculture and Rural Development Health and Population Activities Women.
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