SAARC Development Fund to hold 2-day conclave in Delhi next month


New Delhi
SAARC Development Fund will hold a two-day partnership conclave here next month, aimed at strategic growth in the South Asia region through project collaboration and regional integration, SDF Executive Director Sunil Motiwal has said.
Niti Aayog CEO Amitabh Kant will deliver the keynote address at the conclave beginning July 2.
The conclave proposes to solicit cross-border project co-financing under the "social, economic and infrastructure windows of SDF" in SAARC member states, Motiwal said.
The thematic concepts to be discussed during the conclave for funding would be energy, transportation, ICT, trade and commerce, agriculture and allied sectors, and poverty alleviation, among others.
SDF has also invited bankable project as it is exploring the possibility of forming a consortium of funding agencies for co-financing of projects in the SAARC countries, Motiwal added.
The Thimphu-based SDF was established by the heads of the eight SAARC Member States -- Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka -- in April 2010 to promote peoples' welfare in the region, improve their quality of life, and accelerate economic growth, social progress and poverty alleviation.

Also Read

SAARC fund commits $30 mn for 2 energy projects

SAARC nations' business leaders discuss regional economic integration in Nepal

SAARC regional summit kicks off

Nepal in talks with India, Pakistan to revitalise Saarc

India unlikely to participate in SAARC Summit this year too: Sources

It's what happens when breakfast is not on time, Chhetri on viral video

TN gvt says TV channel held debate show sans police nod

'Nalini' makers asked to meet VC for shooting in campus

Britain says hopes US will honour G7 commitments on trade

Liquor ban to stay in Bihar, amendments to prevent misuse of law: Nitish

Disclaimer: No Business Standard Journalist was involved in creation of this content

First Published: Jun 11 2018 | 5:35 PM IST

Explore News