The South Asian Association for Regional Cooperation (SAARC) was established when its Charter was formally adopted on 8December 1985 by the Heads of State or Government of Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka.
Established in Kathmandu on 16 January1987, the SAARC Secretariat is responsible to coordinate and monitor the implementation of SAARC activities, service the meetings of the Association and serve as the channel of communication between SAARC and other international organizations
REASONS FOR ITS FORMATION
More open stance towards foreign relations.
1979 oil crisis put pressure on South Asian economies, which were already suffering from balance of payments difficulties.
1979 Soviet invasion of Afghanistan put the security of South Asia at risk and provided the leaders with another reason to have closer ties in order to foster understanding of common problems and conflicts before they spun out of control.
At this critical juncture, a report by the Committee on Studies for Cooperation in Development in South Asia (CSCD) identified many feasible areas of cooperation between the countries of South Asia...