| 16th SAARC summit | |
|---|---|
Group photo | |
| Host country | Bhutan |
| Date | 28–29 April 2010 |
| Motto | Towards a Green and Happy South Asia |
| Cities | Thimphu |
| Participants |
|
| Chair | Jigme Thinley, Prime Minister of Bhutan |
| Follows | 15th SAARC summit |
| Precedes | 17th SAARC summit |
The sixteenth summit of the South Asian Association for Regional Cooperation took place in Thimphu, Bhutan on 28–29 April 2010. It was the first time that the summit was held in Bhutan since the inception of the organisation in 1985 and also marked the organisation's 25th anniversary. The theme of the summit was "Towards a Green and Happy South Asia". The summit was attended by leaders from all member states and five observer states.
The theme of the summit was "Towards a Green and Happy South Asia", with a primary focus on climate change, regional connectivity, and development. Following the summit, the Thimphu Statement on Climate Change was adopted, which established an Inter-governmental Expert Group on Climate Change to guide regional policy and cooperation. The leaders signed the SAARC Convention on Cooperation on Environment, pledging to plant ten million trees across the region over the next five years to combat deforestation.
The leaders agreed to declare 2010–2020 as the "Decade of Intra-Regional Connectivity". They committed to advancing the South Asian Free Trade Area and signed a Trade in Services Agreement Framework. They also proposed an electricity market roadmap and regional cooperation in renewable and sustainable energy.
The leaders also agreed to operationalise the SAARC Development Fund (SDF) and mainstreamed the SAARC Development Goals (SDGs). They also welcomed the progress on the South Asian University and also proposed a Charter of Democracy and planned a SAARC Parliamentarians Conclave, alongside the establishment of the South Asia Forum.
The leaders also collectively vowed to combat terrorism and transnational crimes, expressing concern over threats to regional peace and economic stability.
At the end of the summit, Australia and Myanmar were admitted as observer countries in the organisation.