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Here is your short essay on SAARC The South Asian Association for Regional Cooperation (SAARC) is an economic and political organisation of eight countries in Southern Asia. In terms of population, its sphere of influence is the largest of any regional organisation: almost 1.5 billion people, the combined population of its member states.
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The South Asian Association for Regional Cooperation (SAARC) was established on 8, December, 1985 by seven countries of Asia. It is dedicated to economic, technological, social, and cultural development emphasizing collective self-reliance.
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The organisation of SAARC is comprised of the Summit, SAARC Secretariat, and Council of Ministers, Standing Committee, Programming Committee and Technical Committees. The summit is the highest policy making authority of the Association constituted by the heads of all the member countries.
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The members of SAARC at its 12th summit held in Islamabad (2004) signed a historic Agreement on Free Trade by agreeing to create a South Asian Free Trade Area by 2006. It plans to establish a system of common market, currency and free flow of goods and services between the member states.
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Short Essay on SAARC In recent years, the global economy is witnessing certain dynamic and unprecented changes. Regional economic integration is becoming its prominent feature.
SAARC was established in December 1985 during the first SAARC summit that was held in Dhaka. After gaining independence from the British rule, India adopted the policy of NSR or National Self Reliance and next formed SAARC along with 6 other member nations of South Asia namely: Bangladesh, Bhutan, Pakistan, Nepal, Maldives, India and Sri Lanka which continue to be its members till date.
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