What is the full form of SAARC?

The full form is SAARC is South Asian Association for Regional Cooperation. Eight South Asian nations make up this geopolitical and economic alliance.

Those countries are as follows:

1. India
2. Bangladesh
3. Bhutan
4. Nepal
5. Maldives
6. Pakistan
7. Sri Lanka
8. Afghanistan

After the United States and China, it has the world’s third-largest GDP (PPP).

Regarding nominal GDP, it is the eighth-largest economy in the world.

• The seven South Asian nations—India, Pakistan, Bangladesh, Nepal, Sri Lanka, Bhutan, the Maldives, and Afghanistan—decided in the late 1970s to create a commercial bloc to give their citizens a platform for cooperation while also fostering confidence, camaraderie, and mutual understanding.
• Zia Ur Rahaman first announced this plan to establish a trade bloc on May 2, 1980.
• On December 8, 1985, the inaugural summit was convened in Dhaka.

Following are the five main areas of collaboration that SAARC has designated:

• Human Resources Development
• Science, Technology, and Telecommunication
• Population and health-related activities
• Rural and agriculture development
• Transport

There are six Apex entities in SAARC, which are listed below:

• SCCI (SAARC Chamber of Commerce & Industry)
• SAARCLAW (South Asian Association for Regional Cooperation in Law)
• SAIEVAC (South Asia Initiative to End Violence Against Children)
• SAFA (South Asian Federation of Accountants)
• SAF (South Asia Foundation)
• FOSWAL (Foundation of SAARC Writers and Literature)