LCCI Senior Vice President Almas Hyder said, We have to bring an emphatic change in the bilateral trade among the SAARC
member countries as being done in the European Union.
They congratulated the political leaders of South Asia for showing more commitment towards implementation of SAFTA, which would help expand economic cooperation and achieving objectives envisioned by SAARC
Indian companies will also be urged to invest regionally and local businesses in SAARC
countries to source capital from the sub- continent.
On the sidelines of the event the Prime Minister will meet other leaders of SAARC
countries to discuss issues of bilateral and regional interest.
The minister for Tourism in India, Subodh Kant Sahai, said, 'We must motivate each SAARC
country in such a way that tourism becomes the focus of economic and political agenda.
The tour operators and scholars from the SAARC
region will be invited to participate in this conclave", he added.
A state-of-art headquarters building of SAARC
CCI will soon be initiated, which will help improve institutional capacity-building of SAARC
CCI, much needed for promotion of regional economic cooperation," said the Chairman, SAARC
CCI Headquarters Building Trust, Tariq Sayeed, and added that constriction of SAARC
CCI Headquarters will be commenced soon.
The minister said that it was agreed that the SAARC
platform would be strengthened and coordination among member states would be enhanced.
Arrangements have been made to keep SAARC
representatives in a special building named as per the names of their respective countries in the SAARC
For this purpose, the SAARC
platform would be used for the exchange of information and plans followed by each country to bring about necessary reforms in the corporate sector.
Comprising Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka, SAARC
was formed in 1985 to promote regional cooperation and economic development in South Asia.
The 1St SAARC
ENT congress was held in Dhaka, Bangladesh, in 1998.