Tag: SAARC

By Eduardo Faleiro The South Asian Association for Regional Cooperation (SAARC) was created in 1985 to promote economic development and social progress in South Asia through regional cooperation. Presently, it has eight member countries namely Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. India was the Chair of the SAARC Summit in 2007 and this was arguably the most productive Summit that SAARC ever witnessed. The launching of negotiations to bring services into the South Asia Free Trade Area (SAFTA), the unilateral granting of zero duty access by India...