of Bangladesh‚ Ziaur-Rahman on May 2‚ 1980. Before this‚ the idea of regional cooperation in South Asia was discussed in conferences of Asian Regional conference‚ New Delhi in April 1947‚ the Baguio Conference in Philippines in May 1950‚ and the Colombo Power Conference in April 1954. further in the late 70s‚ SAARC nations agreed to create a trade bloc consisting of South Asian countries. The idea of regional cooperation in South Asia was again mooted in May 1980as a result‚ the foreign secretaries
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The South Asian Association for Regional Cooperation (SAARC) is an organization of South Asian nations‚ founded in December 1985 and dedicated to economic‚ technological‚ social‚ and cultural development emphasizing collective self-reliance. Its seven founding members are Bangladesh‚ Bhutan‚ India‚ the Maldives‚ Nepal‚ Pakistan‚ and Sri Lanka. Afghanistan joined the organization in 2005. Meetings of heads of state are usually scheduled annually; meetings of foreign secretaries‚ twice annually. It
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to the volatility of the multilateral trading system by increasing regional cooperation and trade and various trade-driven groupings emerged such as the North American Free Trade Area (NAFTA)‚ Asia-Pacific Economic Cooperation (APEC) and the European Union (EU). While South Asia has lagged behind other regions in creating a regional trade grouping‚ the formation of the South Asian Association for Regional Cooperation (SAARC) in 1985 was a step towards this direction. However‚ for economic and
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and economic development. It has a long cultural heritage of strong bonding. This region is endowed with huge natural resources in and around. To strengthen the bonding among the people of this region‚ The South Asian Association for Regional Cooperation (SAARC) is an organization of South Asian nations‚ founded in December 1985 by Zia ur Rehman and dedicated to economic‚ technological‚ social‚ and cultural development emphasizing collective self-reliance. Its seven founding members are • Bangladesh
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by fostering mutual understanding‚ good neighbourly relations and meaningful cooperation among the Member States which are bound by ties of history and culture; 3. Aware of the common problems‚ interests and aspirations of the peoples of SOUTH ASIA and the need for joint action and enhanced cooperation within their respective political and economic systems and cultural traditions; 4. Convinced that regional cooperation among the countries of SOUTH ASIA is mutually beneficial‚ desirable and necessary
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INTRODUCTION & EVOLUTION: SAARC (South Asian Association for Regional Cooperation) was established on December 8‚1985 by seven countries of Asia named as Pakistan‚ Bhutan‚ Bangladesh‚ Maldives‚ India‚ andSri Lanka. This is an economic organization of eight countries of Southern Asia. SAARC is anevident of the determination of the people of South Asia to work together towards findingsolutions to their common problems in a spirit of friendship‚ trust and understanding and tocreate and order
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Bilateralism among SAARC nations:Trade & Investment The South Asian Association for Regional Cooperation or SAARC was created to promote economic integrity and cooperation among 7 South Asian nations namely India‚ Bangladesh‚ Pakistan‚ Bhutan‚ Nepal‚ Maldives‚ and Sri Lanka. The Association was formed in 1985 with the aim to ensure social and economic development of the member countries. However‚ over the years it has been seen that SAARC mainly worked towards development of economic
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Mahmoud Al Juaidi ID: 3756580 Table of Contents Executive Summary In this paper‚ the aim is to give a brief overview on regional economic integration around the Arabian Gulf‚ specifically the 1981 establishment of the Gulf Cooperation Council (GCC). This paper examines certain trends and recent developments since the establishment of the council‚ and looks at the outcomes of it. The paper then moves on to examine the effectiveness of the creation of this trading bloc through
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were occasional misunderstandings. SAARC has been established to promote cooperation among the member-countries. 2. Since independence India has been trying to build good relations with its neighbouring countries. Pt. Jawaharlal Nehru advocated the policies of non-alignment and world peace. He worked towards making the world free from nuclear warheads. India’s foreign policy has been formulated to promote cooperation‚ international peace‚ support for freedom and opposition to apartheid and
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urgency of a social uplift attracted their attention and they felt the need to converge on a platform for economic development in the South Asian region. On the pattern of ASEAN‚ they formed an association called South Asian Association for Regional Cooperation‚ in 1985. In the last ten years‚ besides summit-level meetings‚ frequent Ministerial and Secretary-level meetings‚ workshops and seminars including training programmes have been organised in the name of the organisation to find out ways and means
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