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DAILY NEWS ANALYSIS

  • 05 March, 2021

  • 3 Min Read

SAARC Summit

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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22 Mar,2026

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