South Asian University (SAU)

About South Asian University (SAU):

• SAU is an intergovernmental university funded by the governments of South Asian Association for Regional Cooperation (SAARC) countries.
• The University is currently functioning from Akbar Bhawan Campus in Chanakyapuri, New Delhi.
• It falls under the purview of the Ministry of External Affairs. 
• Its degrees are accredited in and recognized by the University Grants Commission (UGC) and its equivalents in all the eight SAARC countries. 
• The university offers graduate and doctoral level courses.

What is SAARC?

• SAARC is an economic and political regional organisation of countries in South Asia set up in 1985. 
• It aims to accelerate the process of economic and social development in its member states through increased intra-regional cooperation.
• The Secretariat of the Association was set up in Kathmandu, Nepal, on 17 January 1987. 
• SAARC has eight member countries (Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri-Lanka).

Q1) What is BIMSTEC?

The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is a regional organization that was established on 06 June 1997 with the signing of the Bangkok Declaration. Initially known as BIST-EC (Bangladesh-India-Sri Lanka-Thailand Economic Cooperation), the organisation is now known as BIMSTEC and comprises seven Member States:Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand.

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Source: 4 SAU faculty members suspended: 500 scholars write to SAARC, foreign ministers of member countries