Regional collaboration in space technology must be enhanced to achieve sustainable development in South Asia, according to leaders of Saarc member states.
Addressing the inaugural session of the 18th South Asian Association for Regional Cooperation Summit here Wednesday, Indian Prime Minister Narendra Modi said his country was ready to develop a satellite specifically for the region by 2016.
"India will host a conference for all South Asian partners next year to strengthen our abilities to apply space technology to economic development and governance," he added.
Earlier this year, during a speech on the launch of a commercial satellite, Modi urged scientists at the Indian Space Research Organisation (ISRO) to develop a Saarc satellite and enlarge the footprint of India's satellite-based navigation system to serve the interests of the entire region.
Similarly, Sri Lankan President Mahinda Rajapaksa focused on enhancing "space diplomacy" to strengthen relations among the Saarc countries, Xinhua reported.
"The application of space technology to the areas of telecommunications and disaster management, will greatly benefit Saarc's social-economic growth," he said.
The Sri Lankan president praised India for its progress in the field of space technology and welcomed Modi's proposal of developing a space satellite for Saarc.
To date, only two Saarc countries -- India and Pakistan -- have sent satellites in space, but several others are trying to follow.
Space cooperation will be discussed during the 18th SAARC Summit which began here Wednesday with focus on deeper integration among the eight South Asian neighbours -- Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
