SAARC stands for South Asian Association for Regional Cooperation
The SAARC is a financial and international association of eight nations which are situated in South Asia. These nations are:
The SAARC secretariat is situated in Kathmandu, Nepal. It is the third biggest economy in the world in the terms of GDP (PPP) after the USA and China and the eighth biggest in the conditions of ostensible GDP.
In the last part of the 1970s, the seven south Asian nations included India, Pakistan, Bangladesh, Sri Lanka, Nepal, Bhutan, Maldives and Afghanistan settled upon the making of an exchange alliance to give a stage to the individuals of south Asia to cooperate in the soul of fellowship, trust, and comprehension. This thought was first brought up on May 2, 1980, by Zia Ur Rahaman, and the principal culmination was held in Dhaka on December 8, 1985.
Note: Initially there were just seven nations. Following 20 years of its foundation, Afghanistan joined this participation according to the solicitation of India.
These are the five essential regions of collaboration allowed by SAARC:
Acronym | Full Form |
---|---|
UNESCO | United Nations Educational, Scientific and Cultural Organization |
MLA | Member of Legislative Assembly |
UPA | United Production of America |
UPA | United Progressive Alliance |
RSS | Rashtriya Swayamsevak Sangh |
MCA | Ministry of Corporate Affairs |
NDA | National Democratic Alliance |
ABVP | Akhil Bharatiya Vidyarthi Parishad |
BSP | Bahujan Samaj Party |
SP | Samajwadi Party |
INC | Indian National Congress |
UNSC | United Nations Security Council |
UNGA | United Nations General Assembly |
UNO | United Nations Organization |