There are 10 articles in SAARC charter in which SAARC’s aims, principles, and financial system are described. In Charter’s article 1,
Following aims have been laid down:
1. Efforts to elevate the living standard of people and ensure the welfare of the people living in south Asian region.
2. To increase collective self-relience of south Asian countries.
3. To encourage economic, social, and cultural development in south Asian region.
4. To create sympathy and trust towards mutual faith, farsightedness, and one anothers problems.
5. To increase mutual aid and active cooperation in economic, social, cultural, technical and scientific fields among member nations.
6. To increase cooperation with other developing countries.
7. To show mutual cooperation in the issues of common interest on international stage.
