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Question
What is the role of the South Asian Association for Regional Cooperation?
Solution
Role of the South Asian Association for Regional Cooperation (SAARC):
- It was set up in 1985 to promote economic cooperation between South Asian nations.
- It is a platform for the nations to address questions of poverty, trade, agricultural development and technology.
- South Asian Free Trade Area was formed through a treaty between the nations and South Asian University was also established.
- Some common interests of South Asian countries are alleviation of poverty, development of agriculture and technological revolution.
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