SAARC: South Asian Association for Regional Cooperation
The SAARC is a financial and geopolitical association of eight nations which are situated in South Asia. These nations are:
India
Pakistan
Bangladesh
Sri Lanka
Nepal
Bhutan
Maldives
Afghanistan
The SAARC secretariat is situated in Kathmandu, Nepal. It is the third biggest economy of the world in the terms of GDP (PPP) after the USA and China and the eighth biggest in the conditions of ostensible GDP.