This report is a requirement of MBA program in East West University. We are doing it to complete the course Business Communication (MBA 506). We were provided a list of topics in the class and from that we chose our topic SAARC - An Overview'.
The South Asian Association for Regional Cooperation (SAARC) was established when its Charter was formally adopted on December 8, 1985 by the Heads of State or Government of Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. It provides a platform for the peoples of South Asia to work together in a spirit of friendship, trust and understanding. In this report we shall try to go through the main goals of the association. The main goal of the association is to accelerate the process of economic and social development in member states, through joint action in the agreed areas of cooperation.
This report highlights the following areas of SAARC:
-Areas of Co-operation
The data and information used in this report are collected from the internet and books, journals and periodicals related to SAARC.
SAARC- South Asian Association of Regional Co-operation
SAFTA- SAARC Free Trade Area
SAPTA- SAARC Preferential Trading Arrangement
SEG- SAARC Expert Group
SMCs- SAARC Member Countries
SEA- SAARC Economic Association
SAEU- South Asian Economic Union
SACODiL - SAARC Consortium on Open and Distance Learning
ISACPA- Independent South Asian Commission on Poverty Alleviation ADB- Asian Development Bank
FDI- Foreign Direct Investment
ASEAN- Association of Southeast Asian Nations
R&D- Research and Development
WHO- World Health Organization
UNDP- United Nations Development Program
UNICEF- United Nations International Children Emergency Fund
Most of the data used in the report were collected from third party sources. We did not have the opportunity to conduct any research or survey on our own.
The report starts by providing a brief idea about SAARC. It describes how the association was formed and its main objectives. It also gives an outline about different bodies of SAARC and their activities. We present detailed information on different areas of co-operation of its member countries in the next section. The major areas covered are Agriculture and Rural Development; Health and Population Activities; Women, Youth and Children; Environment and Forestry; Science and Technology and Meteorology; Human Resources Development; Transport. Then we highlight on SAARC Secretariat and its Regional Centers. The SAARC Secretariat is supported by different regional centers established in different member countries. In the latter sections of the report we introduced brief descriptions of different SAARC Agreements, Funds, Awards/Internships and publications. Finally the report is concluded with some recommendations.
Brief on SAARC
The idea of regional cooperation in South Asia was first mooted in May 1980. The foreign secretaries of the seven countries (Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Srilanka) met for the first time in Colombo in April 1981. The committee of the whole, which met in Colombo in August 1981, identified five broad areas for regional cooperation. The South Asian Association for Regional Cooperation (SAARC) was established when its Charter was formally adopted on 8 December 1985 by the Heads of State or Government of seven countries. The objectives of the Association as defined in the Charter are: -To promote the welfare of the peoples of South Asia and to improve their quality of life -To accelerate economic growth, social progress and cultural development in the region and to provide all individuals the opportunity to live in dignity and to realize their...