SAARC (South Asian Association for Regional Cooperation)
The Association provides a platform for the peoples of South Asia to work together in a spirit of friendship, trust and understanding. It aims to promote the welfare of the peoples of South Asia and to improve their quality of life through accelerated economic growth, social progress and cultural development in the region.
Cooperation in the SAARC is based on respect for the principles of sovereign equality, territorial integrity, political independence, noninterference in internal affairs of the Member States and mutual benefit.
Regional cooperation is seen as a complement to the bilateral and multilateral relations of SAARC Member States.
Decisions are taken on the basis of unanimity. Bilateral and contentious issues are excluded from the deliberations of SAARC.
Organizations like SAARC can play positive and productive role in economic development of South Asia.for economic development, stability is the prime focus of every state so to become economically independent states should make security arrangements under such organizations.
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