SAARC’s edifice is built upon a foundation of a strong set of objectives. The idea of regional cooperation in South Asia was first mooted in May 1980 by Bangladesh President Ziaur Rahman. The Committee of the Whole, which met in Colombo in August 1981, identified five broad areas for regional cooperation. SAARC: History. History and mission of SAARC The South Asian Association for Regional Cooperation (SAARC) comprises eight countries of South Asia, i.e. New areas of cooperation were added in the following years. Its seven founding members are Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lanka. The idea of regional cooperation in South Asia was first mooted in May 1980. The idea of regional cooperation in South Asia was first mooted in May 1980 by Bangladesh President Ziaur Rahman. The 10th SAARC Summit of the Head of the States of the SAARC Region which was held in Colombo on July 29, 1998 agreed, in principle, to establish a "Network of Central Bank Governors and Finance Secretaries of the SAARC Region (SAARCFINANCE)" with a view to opening dialogues on macroeconomic policies of the region and sharing mutual experiences and ideas. The first summit was held in Dhaka, Bangladesh on 7–8 December 1985 and was attended by the Government representative and president of Bangladesh, Maldives, Pakistan and Sri Lanka, the kings of Bhutan and Nepal, and the Prime Minister of India.

The Twelfth (12th) Summit approved the SAARC Award to support individuals and organizations within the region. The South Asian Association for Regional Cooperation (SAARC) comprises eight countries of South Asia, i.e.

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 Coopoeration (SAARC) and formally launched the Integrated Programme of … Accordingly, the SAARCFINANCE was established on September 9, 1998 as a regional network of the SAARC Central Bank Governors and Fina… Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka.

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. Objective of SAARC. signed the SAARC Charter on 8 December 1985, thereby establishing the regional association, and established study groups on the problems of terrorism and drug trafficking, as well as planning a ministerial-level meeting about GATT, and a ministerial-level confe… The main aims of the SAARC Award are: The Foreign Secretaries of the seven countries met for the first time in Colombo in April 1981.

South Asian Association for Regional Co-operation (SAARC), organization of South Asian nations, founded in 1985 and dedicated to economic, technological, social, and cultural development emphasizing collective self-reliance. What is SAARC history and objectives History of SAARC.

SAARC (South Asian Association for Regional Cooperation) came into being in 1985 with Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka as founding members.

Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka. The South Asian Association for Regional Cooperation (SAARC) was established when its Charter was formally approved on 8 December 1985 by the Heads o… Afghanistan joined SAARC in 2007. The concept of political and economical cooperation in South Asia was first envisaged by Bangladeshi President Late Zia-Ur-Rahman in 1980.


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