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What is SAARC: Founding and Key Developments about?
The SAARC was founded in 1985 to promote economic and socio-cultural cooperation among 8 South Asian countries. Its objectives include accelerating economic growth, reducing poverty, and strengthening cooperation on issues of common interest. However, SAARC has achieved limited success due to political differences between members like India and Pakistan. While agreements have been signed to create a free trade area and boost infrastructure, implementation has been slow and trade between members remains low
- Author
- salmanyz6
- Language
- EN