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The
South Asian Association for Regional Cooperation (SAARC) was established
when its Charter was formally adopted on 8 December 1985 by the
Heads of State or Government of Bangladesh, Bhutan, India, Maldives,
Nepal, Pakistan and SriLanka.
The
Association provides a platform for the peoples of South Asia
to work together in a spirit of friendship, trust and understanding.
It aims to promote the welfare of the peoples of South Asia and
to improve their quality of life through accelerated economic
growth, social progress and cultural development in the region.
Cooperation
in the SAARC is based on respect for the principles of sovereign
equality, territorial integrity, political independence, noninterference
in internal affairs of the Member States and mutual benefit.
Regional
cooperation is seen as a complement to the bilateral and multilateral
relations of SAARC Member States.
Decisions
are taken on the basis of unanimity. Bilateral and contentious
issues are excluded from the deliberations of SAARC.
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