SAARC Member States established the SAARC Food Security Reserve (SFSR) in 1987 during the Third SAARC Summit (Kathmandu, 1987) with an objective to provide a reserve of food grains for meeting Food emergencies in member countries. The initial size of the reserve was 1,99,800 MTs which was enhanced to 241,580 MTs in 2002. It gave rise to the present SAARC Food bank which was decided by the 12th SAARC Summit (Islamabad, 4-6 January 2004). The Agreement was signed by the 14th SAARC Summit (New Delhi, 3-4 April 2007) and came into operation since October 2008. On completion of the ratification and notification of the Secretariat, the Agreement entered into force on 7 January 2013.
So far nine meetings of the SAARC Food Bank board meeting has been convened and the 10th Meeting is scheduled to be held in Islamabad on 03-04 December 2018.
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