DAILY NEWS ANALYSIS

GS-II : International organisation SAARC

05 March, 2021
3 Min Read

SAARC Summit

It is the regional intergovernmental organization and geopolitical union of nations in South Asia.
Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka are its members.
Its secretariat is based in Kathmandu, Nepal.
It launched the South Asian Free Trade Area (SAFTA) in 2006.
States with observer status include Australia, China, European Union, Iran, Japan, Mauritius, Myanmar, South Korea and United States.
Pakistan was to host the Summit in 2016, but India had pulled out accusing Pakistan of supporting anti-India terrorist groups.

COVID-19 & SAARC :

India has proposed to create a COVID-19 Emergency Fund which could be based on a voluntary contribution from all SAARC members.
Further, $10 million has been extended by India as a contribution to the fund.

Recently Held SAARC Summits

The last SAARC Summit in 2014 was held in Kathmandu (Nepal), which was attended by India
19th SAARC Summit 2019 – cancelled.
20th SAARC Summit's host to be decided.

Source: TH

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