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The South Asian Association for Regional Cooperation (SAARC) is regional intergovernmental
organization and geopolitical union in South Asia. Its member states
include Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka. SAARC
was founded in Dhaka in 1985. Its secretariat is based in Kathmandu. The organization promotes
development of economical and regional integration. It launched the South Asian Free Trade Area in
2006. SAARC maintains permanent diplomatic relations at the United Nation as an observer and has
developed links with multilateral entities, including the European Union
Observers
States with observer status include Australia, China, the European Union, Iran, Japan, Mauritius
Myanmar, South Korea and the United States.
OBJECTIVES
1. To promote the welfare of the peoples of SOUTH ASIA and to improve their quality of life.
2. To accelerate economic growth, social progress and cultural development in the region
3. To provide all individuals the opportunity to live in dignity and to realise their full
potentials.
4. To promote and strengthen collective self-reliance among the countries of SOUTH ASIA
5. To contribute to mutual trust, understanding and appreciation of one another's problems.
6. To promote active collaboration and mutual assistance in the economic, social, cultural,
technical and scientific fields.
7. To strengthen cooperation with other developing countries.
8. To strengthen cooperation among themselves in international forums on matters of
common interests.
9. To cooperate with international and regional organisations with similar aims and purposes.
SAARC Awards
The Twelfth Summit approved the SAARC Award to support individuals and organisations within the
region. The main aims of the SAARC Award are:
To encourage individuals and organisations based in South Asia to undertake programmes and
activities that complement the efforts of SAARC
To encourage individuals and organizations in South Asia contributing to bettering the conditions of
women and children
To honour outstanding contributions and achievements of individuals and organizations within the
region in the fields of peace, development, poverty alleviation, environment protection and regional
cooperation
To honour any other contributions and achievement not covered above of individuals and
organisations in the region.
The SAARC Award consists of a gold medal, a letter of citation, and cash prize of US $25,000 (15 lakhs).
Since the institution of the SAARC Award in 2004, it has been awarded only once and the Award was
posthumously conferred upon the late President Ziaur Rahman of Bangladesh.
Nepali poet, lyricist and translator Suman Pokhrel is the only poet/writer to get this award twice.
SAARC Summits