1.

What is the role of South Asian Association for Regional Cooperation?

Answer»

SAARC is a regional organisation established by the South Asian countries in 1985. 

(i) The aim of this organisation is to encourage economic co-operation between South Asian nations and thereby achieve the development of the South Asian region. 

(ii) The organisation of SAARC is a platform for South Asian countries to come together and discuss common questions and interests.

(iii) Some common interests of South Asian countries are alleviation of poverty, development of agriculture and technological revolution. 

(iv) Some treaties were signed on the SAARC platform to make it easy for South Asian countries to trade with each other. 

(v) As a part of this, it has been decided that South Asia should be made into a free trade area. For an equitable development of South Asian nations, a treaty about forming South Asian Free Trade Area was signed and South Asian University was established.



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