SAARC: Ushering a New Era of Cooperation

In the era of aggressive globalization, block politics hardly matters. But, economic integration, free trade, GDP growth, connectivity through infrastructure development does matter most to the international system. Where all the leaders have failed to forge a regional cooperation during 22 years of South Asian Association for Regional Cooperation (SAARC) existence, the International Financial Institutions (IFIs) like the World Bank (WB) and the Asian Development Bank (ADB) have rekindled hope in SAARC to become relevant, although economically. This is politically incorrect but true.

Avilash Roul