SAARC is a regional organization of eight countries in South Asia, established in 1985. It aims to promote welfare, economic growth, social progress and cultural development in the region, and cooperate with other countries and organizations. The South Asian Association for Regional Cooperation ( SAARC ) promotes economic and regional integration among its member countries in South Asia. Eight countries comprise South Asian Association for Regional Cooperation: Afghanistan Bangladesh Bhutan India the Maldives Nepal Pakistan South Asia Currently, SAARC has nine observers: Australia China The European Union Iran Japan The Republic of Korea Mauritius Myanmar The United States of America. Need for SAARC It has the largest poor population in the world and is most vulnerable to natural disasters. It is extremely vulnerable to nuclear war and conventional and non-conventional ... During this same period, SAARC countries generated 4.21% ($3.67 trillion USD) of the global economy. SAARC was originally founded in 1985 by seven countries: Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.
