SAARC

Topic:SAARC (South Asian Association of Regional Cooperation)

- Past, Present and Future Prospects

Presentation by:Prof. Dr. Khawaja Amjad SaeedFounder Principal, Hailey College of Banking & Finance, University of the Punjab, Lahore Pakistan (2003----), Member Governing Council, International Federation of Accountants (IFAC), New York (1997-2000), President, South Asian Federation of Accountants (SAFA) (1997), President, Institute of Cost and Management Accountants of Pakistan (1997-2000), President, Association of Management Development Institutions of South Asia (AMDISA) (1993-96), Pro Vice-Chancellor University of the Punjab, Lahore (1994-1996), Founder Director, Institute of Business Administration (IBA), University of the Punjab, Lahore (1973-1996) and senior faculty member, Hailey College of Commerce, University of the Punjab, Lahore (1965-73).

Date & Venue:December 08, 2011, Auditorium-Hailey College of Banking & Finance, University of the Punjab, Lahore-Pakistan

Event: Celebrating the 26th Anniversary of the SAARC Charter Day on December 08, 2011

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WELCOME TO OUR PROGRAM

PRESENTATION FRAMEWORK 1.History 2.Principles3.Objectives 4.Current members 5.Current Observes 6.Summits (17)7.Work Packages (10)8.Initiatives and Institutions 9.SAARC as No. 1 in the World 10.Unique Features11.SAARC Exports 201012.Challenges

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SAARC

1: HISTORY 1977-85: Bangladesh Contribution1985: Charter-December 08, 19852012: Economic Union Dream?2015: Single Currency?

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SAARC

2: PRINCIPLES Focus: Cooperation in SAARC

- Bilateral - Multilateral

1. Sovereign equality2. Territorial integrity3. Political independence 4. Non-interference in internal affairs

af other states and mutual benefits

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SAARC3: OBJECTIVES 1. Inter-SAARC

1. Welfare to people (quality of life)2. Economic growth 3. Collaboration

- Economic - Social - Culture- Scientific

4. Collective self reliance5. Mutual trust, under-standing and appreciation

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SAARC2. Intra-SAARC

1. Inter-cooperation in national forums2. Domestic countries strengthening3. International and regional organizations

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SAARC4: SAARC-Current Members1. Afghanistan (Number 13, 2005)2. Bangladesh3. Bhutan4. India5. Maldives6. Nepal7. Pakistan8. Sri LankaShare of Population in the World: 23.19%Based on: World Development Report 2012.

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SAARC5: SAARC-Current Observers 1. Australia 2. China3. Burmah4. European Union5. Iran6. Japan7. Mauritius 8. South Korea9. United StatesIntention Expressed 1. Indonesia2. Russia3. South Africa

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SAARC6: SAARC-Summits

S. No. Location Date of Summit

1st Dhaka 7-8, December, 1985

2nd Bangalore 16-17 November, 1986

3rd Kathmandu 2-4 November, 1987

4th Islamabad 29-31 December, 1988

5th Male 21-23 November, 1990

6th Colombo 21st December, 1991

7th Dhaka 10-11 April, 1993

8th New Delhi 2-4 May, 1995

9th Male 12-14 May, 1997

10th Colombo 29-31 July, 1998

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SAARC6: SAARC-Summits

S. No. Location Date of Summit

11th Kathmandu 4-6 January, 2002

12th Islamabad 2-6 January, 2004

13th Dhaka 12-13 November, 2005

14th New Delhi 3-4 April, 2007

15th Colombo 1-3 August 2008

16th Thimphu 28-29 April, 2010

17 Male November 10-11, 2011

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SAARC7: WORK PACKAGES 1. India 4

1. Business information data networking 2. HRM3. S & T4. Social dimension in business

development

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SAARCWORK PACKAGES 2. Pakistan 2

1. Trade2. Investment

3. Sri Lanka 1Women Entrepreneurship

4. Bangladesh 1Telecommunication

5. Nepal 1Travel & Tourism Maldives-tourism

6. Bhutan & Nepal 1Energy

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SAARC8: INITIATIVES

- SAPTA- SAFTA- SAARC UniversityINSTITUTIONS1. People to people contact 2. Regional

- Agricultural infrastructure: Bangladesh3. Funds

- Regional Projects- Japan Special Funds- South Asia Development Fund- Other Funds

4. SAARC Chamber of Commerce & Industry: Islamabad-1992

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SAARC9: SAARC As No. 1 in the World1. Geo-economic region: 1.6 billion people.2. GDP surpasses: $ 2.08T.3. Combined average growth in GDP 7.00%.4. Common market: SAPTA.5. Commerce: the largest single block.6. Evaluating global economies.

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SAARC10: UNIQUE FEATURES1. The oldest ancient living civilizations2. World’s sleeping giant-started moving3. People of all regilons, faiths, ideologies live4. Economic force-common market 5. The largest irrigated area6. The second largest railway network7. The largest English speaking area8. The largest labour force: 425m people

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SAARC9. Home of the poorest:

- Job openings- Self employment

10. 750m commerce-the largest single block

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11: SAARC Exports 2010Country Country US $bUS $b %% IndiaIndia 163163 80 80 PakistanPakistan 18 18 09 09 BangladeshBangladesh 15 15 07 07 Sri Lanka Sri Lanka 07 07 04 04 NepalNepal 01 01 -- -- BhutanBhutan -- -- -- -- Maldives Maldives -- -- -- -- AfghanistanAfghanistan -- -- -- --

204204 100100Share of SAARCShare of SAARC 1.63%1.63%Source: Extracted From: World Development Report 2012, Statistical Source: Extracted From: World Development Report 2012, Statistical

Section Section

SAARC

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SAARC12: CHALLENGES 1. Poverty2. Unemployment3. Literacy 4. Governance5. Education6. Development 7. Enabling environment 8. Defense expenditure