<span style="color: #222222;">The South Asian Association for Regional Cooperation (SAARC) Charter Day is observed every year on 8th December. On this day in 1985, SAARC Charter was adopted in Dhaka, during the first summit of the group. This year marks the 37th Anniversary of the regional group.  <br />''<br />''As mentioned in its charter, the prime focus of SAARC is to work collectively to promote the welfare of people in the region and to improve their standard of living through social progress and economic development.<br />''<br />''The aim of SAARC members is to promote stability, peace and progress in the region. SAARC has organised 18 summits since 1985.<br />''<br />''These specialised bodies promote regional cooperation by SAARC members in various fields.</span><br />