Political Science, asked by krishnatiwari6307, 2 months ago

Saarc write a short essay on

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Answered by Anonymous
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Explanation:

This association was formed by the South Asian countries including India, Bangladesh, Pakistan, and Nepal. Bhutan, Sri Lanka and Maldives in December, 1985. Afghanistan joined as the eighth member of the Association at the 14th SAARC summit held in New Delhi in April 2007. The status of observer has been accorded to the USA, EU, China, Japan, South Korea, Iran, Australia and Myanmar.

The 16th Summit of SAARC was held in Thimpu, Bhutan in April 2010. A positive development from this meet was that eight member states arrived at an agreement on trade in services that was stated to accelerate regional collaboration in diverse areas like communications, computer and information services, air transport, health and hospitality.

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The 17th SAARC Summit was held in Addu, Maldives in November 2011. This meet emphasised upon the need to intensify efforts to fully and effectively implement the South Asian Free Trade Area (SAFTA) agreement on reduction in sensitive lists as well as early resolution of non-tariff barriers. Other issues on which member countries could agree were greater flow of financial capital and intra- regional long term investment, conclusion of Regional Railway Agreement and conclusion of agreement for energy co-operation.

The 18th SAARC Summit was held in Kathmandu, Nepal in November 2014. Although member countries re-emphasised upon the regional co-operation and collaboration, yet the necessary commitments were lacking. The only saving grace was in the field of sub-regional connectivity. In June 2015, India, Bangladesh, Bhutan and Nepal entered into an agreement to promote sub-regional road development network through these countries.

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