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The South Asian Association for Regional Cooperation (SAARC) was established in the mid-1980s. However, the organization’s effectiveness and potential are no longer seen with much optimism due to ongoing tensions between India and Pakistan. The last SAARC summit was supposed to take place in 2016. But it has been on hold ever since.

New regional alliance in South Asia started first came into attention in 1997 the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) was formed. Along with Bangladesh, BIMSTEC’s member countries include India, Sri Lanka, Bhutan, Myanmar, Nepal, and Thailand.