SAARC Event Celebrating the 25 th Anniversary of

SAARC Event: Celebrating the 25 th Anniversary of the SAARC Charter Day on December 08, 2010 Topic: SAARC (South Asian Association of Regional Cooperation) - Inretrospect and Prospects Date & Venue December 08, 2010, Auditorium-Hailey College of Banking & Finance, PU, Lahore Presentation by Prof. Dr. Khawaja Amjad Saeed Founder 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 1 (IBA), University of the Punjab, Lahore (1973 -1996).

WELCOME TO OUR PROGRAM PRESENTATION FRAMEWORK 1. History 2. Principles 3. Objectives 4. Current members 5. Observes 6. Summits 7. Work Packages 8. Initiatives and Institutions 9. SAARC as No. 1 in the World. 10. Unique Features 11. SAARC Exports 12. Challenges 2

SAARC 1: HISTORY 1977 -80: Bangladesh Contribution 1983: IPA 1985: Charter-December 08, 1985 2010: Economic Union Dream? 2015: Single Currency? 3

SAARC 2: PRINCIPLES Focus: Cooperation in SAARC Bilateral Multilateral 1. Sovereign equality 2. Territorial integrity 3. Political independence 4. Non-interference in internal affairs af other states and mutual benefits 4

SAARC 3: OBJECTIVES 1. Inter-SAARC 1. Welfare to people (quality of life) 2. Economic growth 3. Collaboration Economic Social Culture Scientific 4. Collective self reliance 5. Mutual trust, under-standing and appreciation 5

2. Intra-SAARC 1. Inter-cooperation in national forums 2. Domestic countries strengthening 3. International and regional organization 6

SAARC 4: SAARC-Current Members 1. Afghanistan 2. Bangladesh 3. Bhutan 4. India 5. Maldives 6. Nepal 7. Pakistan 8. Sri Lanka 7

SAARC 5: SAARC-Current Observers 1. Australia 2. China 3. Burmah 4. European Union 5. Iran 6. Japan 7. Mauritius 8. South Korea 9. United States Intention Expressed 1. Indonesia 2. Russia 3. South Africa 8

6: SAARC-Summits S. No. SAARC Location Date of Summit 1 st Dhaka 7 -8, December, 1985 2 nd Bangalore 16 -17 November, 1986 3 rd Kathmandu 2 -4 November, 1987 4 th Islamabad 29 -31 December, 1988 5 th Male 21 -23 November, 1990 6 th Colombo 21 st December, 1991 7 th Dhaka 10 -11 April, 1993 8 th New Delhi 2 -4 May, 1995 9 th Male 12 -14 May, 1997 10 th Colombo 29 -31 July, 1998 9

6: SAARC-Summits S. No. SAARC Location Date of Summit 11 th Kathmandu 4 -6 January, 2002 12 th Islamabad 2 -6 January, 2004 13 th Dhaka 12 -13 November, 2005 14 th New Delhi 3 -4 April, 2007 15 th Colombo 1 -3 August 2008 16 th Thimphu 28 -29 April, 2010 17 Male November 2011(Planned) 10

7: WORK PACKAGES 1. India SAARC 4 1. Business information data networking 2. HRM 3. S & T 4. Social dimension in business development 11

SAARC WORK PACKAGES 2. Pakistan 1. Trade 2. Investment 3. Sri Lanka Women Entrepreneurship 4. Bangladesh Telecommunication 5. Nepal Travel & Tourism Maldives-tourism 6. Bhutan & Nepal Energy 2 1 1 10 12

SAARC 8: INITIATIVES - SAPTA - SAFTA - SAARC University INSTITUTIONS 1. People to people contact 2. Regional - Agricultural infrastructure: Bangladesh 3. Funds - Regional Projects - Japan Special Funds - South Asia Development Fund - Other Funds 4. SAARC Chamber of Commerce & Industry: Islamabad-1992 13

SAARC 9: SAARC As No. 1 in the World 1. Geo-economic region: 1. 5 billion people. 2. GDP surpasses: $ 4. 0 T. 3. Combined average growth in GDP 7. 00%. 4. Common market: SAPTA. 5. Commerce over 425 m. ----in the largest single block. 6. The largest single block in the world. 7. Evaluating global economies. 14

SAARC 10: UNIQUE FEATURES: (USP) 1. The oldest ancient living civilizations 2. World’s sleeping giant 3. People of all regions, faiths, ideologies live 4. Economic force-common market 5. The largest irrigated area 6. The second largest railway network 7. The largest English speaking area 8. The largest labour force: 425 m people 15

SAARC 9. Home of the poorest: - Job openings - Self employment 10. 750 m commerce-the largest single block 16

SAARC 11: SAARC Exports 2008 Country 1. India 2. Pakistan 3. Bangladesh 4. Sri Lanka 5. Nepal 6. Bhutan 7. Maldives 1. 2. 3. Global Exports Share of SAARC US $b 179 20 15 07 01 --222 % 80 09 07 04 ---100 16. 3 US Trillion 1. 37% Source: Extracted From: World Development Report 2010, Statistical Section 17

SAARC 12: CHALLENGES 1. Poverty 2. Unemployment 3. Literacy 4. Governance 5. Education 6. Development 7. Enabling environment 8. Defense expenditure 18