Myanmar to join SASEC at Finance Ministers' Delhi meeting

Myanmar, which has joined the South Asia Subregional Economic Cooperation (SASEC) programme as its seventh member, will be officially welcomed into the project-based partnership at the SASEC Finance Ministers' meeting here on Monday to be chaired by Finance Minister Arun Jaitley, an official said.

"The meeting will be attended by the seven finance ministers from Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal and Sri Lanka apart from officials from these countries and the Asian Development Bank (ADB)," an Indian Finance Ministry statement said here on Sunday.

As part of the SASEC initiative, member countries have come up with the SASEC vision for economic growth of the sub-region, which will be launched by Jaitley during the meeting, it added.

This will be followed by consideration of the joint ministerial statement.

"The event will be a unique opportunity for the member countries to discuss and exchange ideas and strive to foster better cooperation in the sub-region," the statement said

Economic Affairs Secretary Shaktikanta Das will deliver the welcome address.

The Asian Development Bank is supporting SASEC in this endeavor.

--IANS

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