What is South Asian Association for Regional Cooperation?

4. What is South Asian Association for Regional Cooperation?

  1. A pact eliminating most trade barriers between the U.S., Canada, and Mexico
  2. Political and economic union
  3. Regional intergovernmental organization
  4. A legal agreement between many countries

Answer: C) Regional intergovernmental organization


The South Asian Association for Regional Cooperation, or SAARC, is a financial and international association that was set up to advance financial turn of events, strength, and government assistance financial matters, and aggregate independence inside its part countries. Established during a culmination in 1985, SAARC's underlying individuals incorporate Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. Because of quick development inside the district, Afghanistan got full-part status and nations are viewed as eyewitnesses. SAARC regards the standards of sovereign equity, regional honesty, and public autonomy as it endeavours to accomplish maintainable financial development.

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