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SAARC South Asian Association for Regional Cooperation Presented By: Ashutosh Gautam PGDM-IB IB091104

Over-view : 

Over-view Introduction History Objectives Secretariat Political issue SAPTA SAFTA

History : 

History The idea of a South Asia Association for Regional Cooperation was mooted in 1980. The Heads of State or Government at their First SAARC Summit held in Dhaka on 7-8 December 1985 adopted the Charter formally establishing the SAARC SAARC Established on 8th December 1985 dedicated to economic,technologcal,social and cultural development.

Slide 8: 

Its seven founding members are Bangladesh,Bhutan,India,Maldives,Nepal, Pakistan and Sri Lanka,Afghanistan joined the organizaion in 2007. Meetings of heads of state are usually scheduled annually,meetings of foreign secretaries,twice annually .

Reasons For Formation Of SAARC : 

Reasons For Formation Of SAARC All countries gained independence after Second world war As a result British Colonialism, all countries have same culture background and history All the countries part of third world The region is poor and over populated Predominance of agriculture. Therefore dependence of the economy on southwest monsoon

Objectives : 

Objectives Improve quality of life and welfare of people Strengthen self reliance among members Contribute mutual trust & understanding Assist in economic , social ,technical, cultural &scientific fields Strenghten cooperation among themselves & other developing countries Cooperate on issues like water resources, poverty etc.

Secondary Objectives : 

Secondary Objectives SAARC also looks in critical areas like Educational, cultural, sports & arts Twelfth summit declared poverty erradication as the main goal. SAARC teachers forum has been established Encouragement of contemporary arts & culture Last SAARC cultural festival was held in Dhaka

Secretariat : 

Secretariat The Memorandum of Understanding on the establishment of the Secretariat which was signed by Foreign Ministers of member countries on 17 November 1986 at Bangalore, The SAARC Secretariat was established in Kathmandu on 16 January 1987 and was inaugurated by Late King Birendra Bir Bikram Shah of NEPAL. Structure and administration of the SAARC Secretariat as well as the powers of the Secretary-General.

Political issues : 

Political issues SAARC has intentionally laid more stress on "core issues" mentioned above rather than more decisive political issues like the Kashmir dispute and the Sri Lankan civil war Political dialogue is often conducted on the margins of SAARC meetings During the 12th and 13th SAARC summits, extreme emphasis was laid upon greater cooperation between the SAARC members to fight terrorism.


SAPTA SOUTH ASIAN PREFERENTIAL TRADING AGREEMENT Signed on 11th April 1993 in Dhaka Framework for Tariff conessions Promoting trade & economic cooperation India,Pakistan& Sri Lanka are non-least developed countries Recognition of the special needs of the Least Developed States and agreement on concrete preferential measures in their favour Four rounds of trade negotiations have been concluded under SAPTA covering over 5000 commodities.


SAFTA SOUTH ASIAN FREE TRADE AREA The Agreement on the South Asian Free Trade Area is an agreement reached at the 12th SAARC summit at Islamabad The seven foreign ministers of the region signed a framework agreement on SAFTA with zero customs duty on the trade of practically all products in the region by end 2016 In the final five year phase ending 2012, the 20 percent duty will be reduced to zero in a series of annual cuts. The least developed nations in South Asia consisting of Nepal, Bhutan, Bangladesh and Maldives have an additional three years to reduce tariffs to zero

SAARC Countries Trade In : 

SAARC Countries Trade In Agricultural Machinery & Implements Agro Chemicals, Fertilzers, Pesticides, Insecticides Dyes, Colors, Pigments, Intermediates Fire Fighting equipments & Supplies Food & Food Products Fruits & Vegetables Spices, Seasonings & Flavorings Sporting Goods Stainless Steel & Products Stationery Articles & School Supplies Electric and power machinery Iron-ore, pig iron Medicine and pharma products Raw cotton Edible nuts Metal scrap Precious and semi-precious stones Jewelry And so on………………..

Some of the major areas of cooperation are: : 

Some of the major areas of cooperation are: Terrorism Economic cooperation Cooperation on social issues Cooperation on energy and environment Cooperation on connectivity

14th SAARC Summit : 

14th SAARC Summit The 14th SAARC summit took place in New Delhi (India) during the 2nd and 4th of April, 2007. Afghanistan inducted as 8th member Focus on peace, prosperity The year 2007 was declared as the year of Green South Asia. Member countries welcomed the ratification of SAFTA.

15th SAARC summit : 

15th SAARC summit The 15th SAARC summit took place in Colombo (Sri Lanka) during the 1st and 3rd of August, 2008. Partnership for Growth for the Peoples of South Asia The SAARC Development Fund (SDF) Information and Communications Technology (ICT) Development Joint positions on international affairs Observers (with the addition of Australia and Myanamar) Science and Technology Poverty alleviation

16th SAARC summit : 

16th SAARC summit The 16th summit of SAARC was held in Thimpu, Bhutan between 28-29 April 2010 SAARC leaders signed a SAARC Convention on Cooperation on Environment to tackle the problem of climate change The SAARC nations also pledged to plant 10 million trees over the next 5 years. India proposed setting up of climate innovation centres in South Asia to develop sustainable energy technologies

Future Membership : 

Future Membership The People's Republic of China has shown its interest in joining SAARC. While Pakistan and Bangladesh support China's candidature, Indonesia intends to become an observer as well, and is supported by Sri Lanka Russia intends to become an observer as well, and is supported by India Myanmar has expressed an interest in joining as a full member

Next SAARC Summit to be held in Male in 2011 : 

Next SAARC Summit to be held in Male in 2011 The 17th SAARC Summit will be held in Maldives' capital Male next year, Bhutanese Prime Minister Jigme Y Thinley announced. And main agenda will be ‘Climate Risks in the Region’.


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