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Saarc finance ministers to meet in New Delhi on May 3

An important meeting of finance ministers of 8-member countries of South Asian Association for Regional Co-operation (Saarc) is scheduled to be held in New Delhi on May 3. The caretaker finance minister of Pakistan will represent the country in the meeting. Beside finance ministers, President Saarc Chamber, Vikram Singh, Vice President Iftakhar Malik, Secretary-General Iqbal Tabish and other members of Saarc will also participate in the meeting.

Finance ministers of Sri Lanka, Bhutan, India, Maldive, Nepal, Pakistan, Bangladesh and Afghanistan will reach New Delhi on May 2. Sources said that the finance ministers may examine possibility of having banking channel between member countries to boost trade among them.

Former President Saarc chamber, Tariq Saeed said that this is a good platform to resolve issues.

He expressed hope that the finance ministers have got an excellent chance to discuss establishment of banking channel between member countries Vice President Saarc, Iftikhar Malik expressed hope that they will increase in South Asia in near future.-PR

Copyright Business Recorder, 2013


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