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South Asian Association for Regional Cooperation (SAARC):

Topics Covered: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests.

South Asian Association for Regional Cooperation (SAARC):


Context:

36th Charter Day anniversary of SAARC observed recently.

  • The Charter establishing the Association was signed on December 8, 1985 by the SAARC Heads of States/Governments during first Summit meeting in Dhaka.

What is SAARC? When was it established?

Afghanistan became the newest member of SAARC at the 13th annual summit in 2005.

The Headquarters and Secretariat of the Association are at Kathmandu, Nepal.

Importance of SAARC:

  1. SAARC comprises 3% of the world’s area, 21% of the world’s population and 3.8% (US$2.9 trillion) of the global economy.
  2. It is the world’s most densely populated region and one of the most fertile areas.
  3. SAARC countries have common tradition, dress, food and culture and political aspects thereby synergizing their actions.
  4. All the SAARC countries have common problems and issues like poverty, illiteracy, malnutrition, natural disasters, internal conflicts, industrial and technological backwardness, low GDP and poor socio-economic condition.

bimstec

InstaLinks:

Prelims Link:

  1. SAARC vs BIMSTEC.
  2. BBIN
  3. Motor Vehicle Agreement.
  4. What is CPEC?
  5. Belt and Road initiative.

Mains Link:

Discuss how SAARC revival helps India deal with China.

Sources: the Hindu.