SAARC is a regional intergovernmental organization established in 1985 with 8 member states located in South Asia. It aims to promote economic and regional integrated cooperation as well as ensure collective prosperity, peace and progress among member nations. However, SAARC faces challenges like conflicts between members, lack of unity, ineffective implementation of programs, and security issues hampering trade. The 19th SAARC summit scheduled in Islamabad was postponed due to members like India, Afghanistan and Bhutan withdrawing over security concerns exacerbated by terrorism in the region.