Language

Don't you have an account with Pajhwok Afghan News?

Click here to subscribe.

SAARC ministers to meet in Dhaka on Jan. 30

SAARC ministers to meet in Dhaka on Jan. 30

author avatar
28 Jan 2012 - 17:21
SAARC ministers to meet in Dhaka on Jan. 30
author avatar
28 Jan 2012 - 17:21

KABUL) ministers in Bangladesh, an official said.

Slated for January 30, the day-long meeting in Dhaka is aimed at further expanding regional cooperation in economic and financial sectors and setting out the benchmarks to establish a customs union.

Seeking to ensure greater integration, harmonisation and standardisation of financial systems, finance ministers from member states are expected to discuss greater financial flows, investment and the global financial crisis.

Ministry of Finance spokesman Aziz Shams said in a statement a new and imaginative credit mechanism, incentives to support regional business and customs cooperation would also figure at the meeting.

“They will outline priority steps to be taken in each implementation phase of South Asian Economic Union and quantify potential gains from strengthened economic integration in the region,” the statement added.

The ministers will issue guidelines to move forward project-based regional cooperation, the SAARC Development Fund (SDF) and implement fully the SAARC Preferential Trading Agreement (SAPTA).

The sixth informal meeting of SAARC finance ministers is scheduled to be held in Manila on May 3, on the sidelines of the Asian Development Bank annual meeting.

pr/mud

Visits: 1

Related Topics

GET IN TOUCH

SUGGEST A STORY

Pajhwok is interested in your story suggestions. Please tell us your thoughts by clicking here.

PAJHWOK MOBILE APP

Download our mobile application to get the latest updates on your mobile phone. Read more