SAARC Event: Celebrating the 25th 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 (IBA), University 1 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 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 SAARC 6: 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 9 SAARC 6: 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 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 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: $ 4.0T. 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: 425m people 15 SAARC 9. Home of the poorest: - Job openings - Self employment 10. 750m 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 Global Exports Share of SAARC US $b 179 20 15 07 01 --222 16.3 US Trillion 1.37% % 80 09 07 04 ---100 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