The South Asian Association for Regional Cooperation (SAARC) was founded in 1985 to promote economic and social progress among South Asian nations, encompassing nearly 1.5 billion people. Despite its objectives of enhancing cooperation and self-reliance, SAARC faces significant challenges due to political tensions, particularly between India and Pakistan, which hinder economic collaboration. The organization's growth and effectiveness remain limited, with future prospects uncertain unless member nations address existing biases and improve bilateral relations.