SAARC Full Form
SAARC Full Form-What Is The SAARC? The Best Explanation :SAARC is an economic and geopolitical organization that was established to promote socio-economic development, stability, and welfare economics, and collective self-reliance within its member nations.
SAARC Full Form is mentioned below:
|South Asian Association for Regional Cooperation|
What is SAARC?
The South Asian Association for Regional Cooperation (or SAARC) is an economic and geopolitical organization that was established to promote socio-economic development, stability, and welfare economics, and collective self-reliance within its member nations. India, Pakistan, Bhutan, Bangladesh, Nepal, Sri Lanka, Maldives, and Afghanistan are the major nations of SAARC. South Asia comprises three geostrategic regions. The Indian subcontinent, the Himalayan region, and the Bay of Bengal. This makes up approximately 80% of South Asia. Nepal, which is just west of the Indian subcontinent, is the northernmost member of the SAARC group. The SAARC region’s population is approximately 3.9 billion. This includes Bangladesh (2.1 billion), India (1.3 billion), Pakistan (1.5 billion), Sri Lanka (1.
When was SAARC established?
The South Asian Association for Regional Cooperation, or SAARC, was founded on January 4th, 1985 at a meeting of senior officials in Colombo, Sri Lanka, in accordance with an intergovernmental treaty that came into force in January 1986. What were the objectives of SAARC? The objectives of the organization were to “promote economic growth, harmonization of industrial policies, exchange of information and technology, as well as to promote good governance, among the countries of the region.” Who is the head of the SAARC? As of January 2011, the head of the SAARC was the President of India. The current holder of that post is Pranab Mukherjee. What are the members of the SAARC?
What are the goals of SAARC?
The goals of SAARC are to create a regional cooperation model that emulates and encourages joint effort, discipline, and stability; interconnectivity and collective action among the member nations; and collaboration and promotion of peaceful and harmonious relations between its member nations. The objectives of the SAARC are to foster economic and social development, improve regional coherence, promote democracy, encourage regional stability, enhance development cooperation and integration, and promote cultural, political and economic co-operation among its member nations. Who are the members of SAARC? SAARC consists of eight member nations – Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. Who runs SAARC?
What are the benefits of SAARC membership?
SAARC members account for more than 4 percent of the world’s population, account for nearly 20 percent of the world’s geographic area, produce about one-fourth of the world’s gross domestic product, and account for almost 60 percent of the world’s current population. Importance of South Asian Agreements It’s estimated that SAARC members make up more than 30 percent of the world’s population, which places them amongst the most influential regions in the world. The economic importance of the region is supported by the fact that the majority of the world’s population is situated within this geographical region, including populations across Asia, Africa, and Australia.
How does SAARC work?
About 22% of the world’s population lives in South Asia, as per the United Nations and India alone is home to a population of 1.3 billion people, comprising of nearly half of the global population of 1.2 billion. Even though not a member, India has made the largest contribution to the entire South Asian region through trade, investment, assistance, and development. Apart from India and Pakistan, Afghanistan and Bangladesh also have diplomatic relations with South Asia through SAARC, due to the religious, cultural and historic ties that bind them to it.
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