SAARC PPT ECONOMICS SEMESTER 6. BEST PPT

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1. CONTENTS INTRODUCTION HISTORY STRUCTURE OBJECTIVES ACHIEVEMENTS CHALLENGES SAARC SUMMIT CONCLUSION THANK YOU

2. INTRODUCTION The South Asian Association for Regional Cooperation (SAARC) was established on 8 December 1985. The Secretariat of the Association was set up in Kathmandu, Nepal, on 17 January 1987 . SAARC member countries are : Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka SAARC Observers are: Australia,,China ,European Union,Iran,Japan,Mauritius,United States,Myanmar,Republic of Korea

3. HISTORY June 3, 1905 Foreign ministry officials of Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka meet for the first time in Colombo, Sri Lanka. 1983 At an international conference held in New Delhi, India the foreign ministers of the seven countries adopt the Declaration on South Asian Association Regional Cooperation (SAARC) and formally launched the Integrated Programm of Action (IPA). 1985 SAARC is established when its charter is formally approved. First Summit is held in Dhaka, Bangladesh. 2004 The agreement on the South Asian Free Trade Area (SAFTA) is signed. 2007 Afghanistan becomes a member of SAARC during the 14th SAARC Summit. 2009 Australia, China, the EU, Iran, Japan, Mauritius, Myanmar, South Korea, and the United States become observers of SAARC.

4. STRUCTURE SAARC has the following structure: Council - It is the apex policy-making body. The council is represented by government heads of the respective member countries. Council of Ministers – The Council of Ministers comprises the foreign ministers and they meet generally two times annually. Standing Committee-It comprises the foreign secretariat of the member countries. Programming Committee-It comprises senior officials of the member governments. Technical Committee-It consists of representatives of the member nations. Secretariat-It is headed by the Secretary-general appointed by the Council of Ministers.

5. objectives The South Asian Association for Regional Cooperation (SAARC) has several objectives, primarily aimed at promoting regional cooperation and development among its member countries. Some of the key objectives of SAARC include: Promotion of Economic Cooperation Social Development Cultural Exchange Regional Security Environmental Protection Promotion of Peace and Stability

6. CHALLENGES The South Asian Association for Regional Cooperation (SAARC) faces several challenges that hinder its effectiveness in promoting regional cooperation and development: Political Differences Security Concerns Economic Disparities Infrastructure Deficits Institutional Weaknesses Limited People-to-People Contacts External Influences

7. ACHIEVEMENTS Achievements of SAARC A Free Trade Area is established by the member countries to increase their internal trade and lessen the trade gap of some states considerably. SAARC is comparatively a new organization in the global arena. SAARC Free Trade Agreement – SAFTA was signed to reduce customs duties of all traded goods to zero by the year 2016. The agreement was confined to goods, but excluding all services like information technology. South Asia Preferential Trading Agreement – SAPTA for promoting trade amongst the member countries came into effect in 1995. SAARC Agreement on Trade in Services – SATIS is following the GATS-plus ‘positive list’ approach for trade in services liberalization. SAARC University – Establish a SAARC university in India, a food bank, and also an energy reserve in Pakistan.

8. SAARC SUMMIT The South Asian Association for Regional Cooperation (SAARC) Summit is a meeting of the heads of state or government of the member countries of SAARC. These summits cover a range of topics, including trade, investment, security, and cultural exchange. The SAARC Summit provides a platform for leaders to discuss and address issues of mutual concern, and strengthen ties among member states. The 18th SAARC summit was held in Kathmandu on 26-27 November 2014, and its outcome was a 36-point Kathmandu declaration.

9. Location Date of Summit 1 Dhaka 7-8 December, 1985 2 Bangalore 16-17 November, 1986 3 Kanthmandu 2-4 November, 1987 4 Islamabad 2-31 December, 1988 5 Male' 21-23 November, 199 6 Colombo 21 December, 1991 7 Dhaka 10-11 April, 1993 8 New Delhi 2-4 May, 1995 9 Male' 12-14 May, 1997 10 Colombo 29-31 July, 1998 11 Kathmandu 4-6 January, 2002 12 Islamabad 2-6 January, 2004 13 Dhaka 12-13 November, 2005 14 New Delhi 3-4 April, 2007 15 Colombo 1-3 August, 2008 16 Thimphu 28-29 April, 2010 17 Addu 10-11 November, 2011 18 Kathmandu 26-27 November 2014 SAARC SUMMITS

10. Future prospects The future prospects of SAARC involve the potential for economic growth and increased regional cooperation among member countries. With a focus on addressing common challenges and fostering stronger ties, SAARC has the opportunity to play an essential role in shaping the future of South Asia. Effective collaboration in areas such as trade, healthcare, and environmental sustainability could lead to a more prosperous and unified region, benefitting the lives of millions of people.

11. CONCLUSION SAARC remains crucial for fostering dialogue and cooperation among South Asian countries amidst various geopolitical and socio-economic challenges.

12. THANK YOU PRESENTED BY: MAYANK BANGIA MOAMMED ZAID PARAS BADLIA NAMAN