The major functions of this committee are as follows: 5. 9007. Technical Committee- It consists of representatives of the member nations. Sri Lanka made a proposal for the creation of a SAARC Preferential Trade Agreement (SAPTA). The second summit met in New Delhi (India) in 1986. With this, the earlier SAPTA established in 1995 had paved the way to SAFTA. The main motto of the organization is to work towards a common goal of achieving social, cultural, economic growth for all the people belonging to … The South Asian Free Trade Area (SAFTA) agreement came into force from July 1, 2006. This will be useful in various exams. Meetings are held at the Summit level, usually on an annual basis. 2. 8 Countries – India, Bangladesh, Nepal, Sri Lanka, Maldives, Bhutan,Afghanistan, Pakistan. If you continue browsing the site, you agree to the use of cookies on this website. This is your chance to win amazing discounts & free options! Objectives of SAARC. The fourth summit was he4ld in Islamabad (Pakistan) in 1988. Get Access to Weekly Current Affairs on the Entri App. SAARC is the South Asian Association for Regional Cooperation is the regional intergovernmental organization and geopolitical union of states in South Asia. Only a genuine service will treat their customer with quality research papers. 3. 6. 3. 2. To date, 20 Summits have convened: Dhaka (1985), Bangalore (1986), Kathmandu (1987), Islamabad (1988), Malé (1990), Colombo (1991), Dhaka (1993), New Delhi (1995), Malé (1997), Colombo (1998), Kathmandu (2002), Islamabad (2004), Dhaka (2005), New Delhi (2007), Thimphu (2010), Addu City (2011), Kathmandu (2014), Islamabad (2016) and Islamabad (2020). The third meeting was at Kathmandu (Nepal) in 1987. Home; Grade 6; Social Studies; Our International Relation and Cooperation; Our International Relation and Cooperation; Find Your Query Syllabus. To develop the welfare of the people of South Asia and to promote their quality of life. PreserveArticles.com is an online article publishing site that helps you to submit your knowledge so that it may be preserved for eternity. Good Luck. Desirous of promoting peace, stability, amity and progress in the region through strict adherence to the principles of the UNITED NATIONS CHARTER and NON-ALIGNMENT, particularly respect for the principles of sovereign equality, territorial integrity, national independence, non-use of force and non-interference in the internal affairs of other States and peaceful settlement of all disputes; See our User Agreement and Privacy Policy. We will list out the Countries List, Objectives and Functions. Promote the welfare of the peoples of South Asia and improve their quality of life; Accelerate economic growth, social progress and cultural development in the region by providing all individuals the opportunity to live in dignity and realise their full potential; Contribute to mutual trust, understanding and appreciation of one another’s problems; Promote active collaboration and mutual assistance in the economic, social, cultural, technical and scientific fields; Strengthen co-operation with other developing countries. “Understanding and appreciation of one another’s problems” is one of the rare objectives that one finds in any regional grouping. The member nations observed 1991 as, SAARC Year of Shelter, and 1992 as, ‘SAARC Year of the Disabled’. Objectives. The South Asian Association for Regional Cooperation was set up when its Charter was formally adopted on 8 December 1985 by the Heads of State or Government of India, Bangladesh, Maldives, Bhutan, Nepal, Sri Lanka, and Pakistan. 4. Emphasizing scientific education in countries. PreserveArticles.com: Preserving Your Articles for Eternity, Brief Notes on SAARC Preferential Trading Arrangement – (SAPTA). The major functions of the standing committee are stated below: 4. Myanmar has requested its status up-gradation from Observer to a unified member state. Further, with growing openness among themselves, higher production and expansion of labour, intensive exports, increased employment, increased wages and thereby helping in reducing poverty, the region is poised to play an important role in the growing international trade relations. Programming Committee – It comprises senior officials of the member governments. The head of the State of the host country acts as Chairman till the next summit when the chairmanship is handed over to the next host country. Content Guidelines iii. were discussed and strategies were planned to minimize these issues at a faster pace. COMMERCE B.A.F. The objectives of SAARC, as defined in its charter, are as follows: i. The guiding principles of SAARC are: 1. 7. The South Asian Association for Regional Co-operation (SAARC) is an organisation of South Asian nations, which was established on 8 December 1985 when the government of Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka formally adopted its charter providing for the promotion of economic and social progress, cultural development within the South Asia region and also for friendship and co­operation with other developing countries. The final result was amazing, and I highly recommend ⇒ www.HelpWriting.net ⇐ to anyone in the same mindset as me.