BUSINESS STUDIES (CLASS 11) WORKSHEET 22-INTERNATIONAL BUSINESS

INTERNATIONAL BUSINESS

1.     What is SAARC?

The South Asian Association for Regional Cooperation (SAARC) is an economic and political organization of eight countries in South Asia. It was established in 1985 when the Heads of State of Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka formally adopted the charter.
2. When was it established ?
1985
3. Where the headquarters of SAARC?
Kathmandu
4. How many countries are in SAARC??
8 countries.  Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka and Afghanistan joined as the 8thnation on April 2007.
6. Objectives of SAARC?
To promote Economic development and Regional integration.