Defence Minister Shri Rajnath Singh addressed the 12thedition of the South Asia Conference at the Institute for Defence Studies and Analysis(IDSA) in New Delhi . The conference deals with issues related to economic cooperation for development, changing political context in India’s neighborhood etc. The theme of the conference was India’s “Neighborhood First” Policy: Regional Perceptions. About South Asian Association for Regional Cooperation (SAARC): Fact- The current chair of SAARC is Nepal. Founded- 8 December 1985. Headquarters- Kathmandu, Nepal.