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South Asian Association for Regional Cooperation

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South Asian Association for Regional Cooperation (SAARC)
List[show]
दक्षिण एशियाई क्षेत्रीय सहयोग संगठन (दक्षेस)
दक्षिण एशियाली क्षेत्रीय सहयोग संगठन (सार्क)
সাউথ এশিয়ান এসোসিয়েশন ফর রিজিওনাল কো-অপারেশন (সার্ক)
جنوبی ایشیائی علاقائی تعاون کی تنظیم
தெற்காசிய நாடுகளின் பிராந்தியக் கூட்டமைப்பு (சார்க்)
Members • Observers
Headquarters Kathmandu, Nepal
Membership 8 member states
6 observers
Leaders
- Chairman Mahinda Rajapaksa - Secretary General Sheel Kant Sharma
Establishment December 8, 1985
Area
- Total 5,130,746 km2 (7th1)
1,980,992 sq mi
Population
- 2004 estimate 1,467,255,669 (1st1) - Density 285.9/km2
740.5/sq mi
GDP (PPP) 2005 estimate - Total US$ 4,074,031 million (3rd1) - Per capita US$ 2,777
Currency see footnote 2
Time zone (UTC+4½ to +6)
Website
http://www.saarc-sec.org/
1 If considered as a single entity.
2 A unified currency has been proposed.
Present currencies (ISO 4217 codes bracketed):
Afghan afghani (AFG) • Bangladeshi taka (BDT) •
Bhutanese ngultrum (BTN) • Indian rupee (INR) •
Maldivian rufiyaa (MVR) • Nepalese rupee (NPR) •
Pakistani rupee (PKR) • Sri Lankan rupee (LKR)

The South Asian Association for Regional Cooperation (SAARC) is an economic and political organization of eight countries in Southern Asia. In terms of population, its sphere of influence is the largest of any regional organization: almost 1.5 billion people, the combined population of its member states. It was established on December 8, 1985 by Bangladesh, Bhutan, Maldives, Nepal, Pakistan, India and Sri Lanka. In April 2007, at the Association 's 14th summit, Afghanistan became its eighth member.
Contents
[hide]

* 1 History o 1.1 Secretariat o 1.2 Criticism o 1.3 Political issues o 1.4 Free trade agreement o 1.5 Dhaka



References: Bangladesh Abul Ahsan January 16, 1987 to 15 October 1989 India Kant Kishore Bhargava October 17, 1989 to December 31, 1991 Maldives Ibrahim Hussain Zaki January 1, 1992 to December 31, 1993 Nepal Yadav Kant Silwal January 1, 1994 to December 31, 1995 Pakistan Naeem U. Hasan January 1, 1996 to December 31, 1998 Sri Lanka Nihal Rodrigo January 1, 1999 to January 10, 2002 Bangladesh Q.A.M.A. Rahim January 11, 2002 to February 28, 2005 Bhutan Lyonpo Chenkyab Dorji March 1, 2005 to February 29, 2008 India Sheel Kant Sharma March 1, 2008 to present [edit] List of SAARC summits 5th Maldives Malé November 21-23 1990 6th Sri Lanka Colombo December 21, 1991

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