Yunus may continue to call for a revival of SAARC but India seems determined not to walk back into a forum where Pakistan once again holds the region’s growth hostage.
Even with the roadblocks, India cannot afford to ignore SAARC. At a time when global trade wars and power rivalries are reshaping the world, South Asia’s collective strength could be a game changer.
Bangladesh’s new interim government led by Muhammad Yunus has been insisting on the revival of the South Asian regional grouping SAARC which has been suspended for a long time due to the India-Pakistan conflict.
The SAARC, comprising India, Afghanistan, Bangladesh, Bhutan, the Maldives, Nepal, Pakistan, and Sri Lanka, has not convened a summit 2014.
Third-generation Sri Lankan cinema pioneer Prasanna Vithanage on living through civil war, economic crisis, Ramayana tours & 2023 Kim Jiseok win for Malayalam film Paradise.
As India attempts to establish its primacy in the island nation, both nations are looking at economic partnerships. Sri Lanka is also keen to attract investment from Indian industry.
External Affairs Minister S Jaishankar on June 28 slammed Pakistan and said India will not tolerate a situation where "terrorism happens by night and trade happens by day". "The fact is that we cannot allow terrorism to be normalized," he said. Watch to know more!
On a YoY basis, the profitability of capital goods companies is expected to be flat, but softening commodity prices and operating leverage could lead to an improvement sequentially. The pack could witness moderate growth in net profit on a yearly basis, most analysts believe.
The current mix of 5G devices in India is already at around 40 percent and 5G shipments are expected to grow to 50 percent of overall smartphone shipments by the end of the year.
"SAARC Charter Day today is a reminder of the vast untapped potential of regional development, connectivity and cooperation among countries of South Asia," Sharif tweeted.
With the growing realisation that Climate Change knows no borders, neither does air pollution nor ground water depletion, the call for SAARC’s revival for co-operation on climate action are not only timely but also critical for the survival of citizens in the region
According to the deputy governor, SAARC now faces a “tremendous developmental challenge”
India has been making concerted efforts to make BIMSTEC a vibrant forum for regional cooperation as initiatives under SAARC (South Asian Association for Regional Cooperation) were not moving forward for a variety of reasons.
Investors need to watch category development and increasing penetration as they will lead to higher volume and revenue growth
No SAARC summit has been held since 2016, when it was cancelled after India, along with Afghanistan, Bhutan and Bangladesh, decided not to attend due to the cross-border militant attack in Jammu & Kashmir's Uri.
A communique reportedly issued by the Government of Nepal noted that the SAARC foreign ministers' meeting has been cancelled due to the "lack of concurrence from all Member States".
Effort to block China from encroaching further into India's neighborhood is driving the initiative to revive the body that has been effectively defunct since 2016 when six members led by India pulled out of the SAARC summit in Islamabad.
Chittilapilly succeeds Sameer Garde, who recently announced his decision to join the social sector after four years at Cisco. She will take on her new role from August 1.
India’s response to other countries’ needs during the COVID-19 pandemic becomes noteworthy when compared to ‘wolf warrior diplomacy’ exhibited by China
At McAfee, Arora will report to Sanjay Manohar, managing director, McAfee India.
India made the proposal at a video-conference of senior health officials of the South Asian Association for Regional Cooperation (SAARC) countries on Thursday.
In a video conference on forming a joint strategy to fight COVID-19 in the SAARC region, Prime Minister Modi on March 15 proposed the emergency fund with an initial offer of $10 million from India and asserted that the best way to deal with the coronavirus pandemic was by coming together, and not growing apart.
Making a strong pitch for SAARC nations to jointly combat the virus, Modi had on Sunday committed USD 10 million for the emergency fund, and asserted that the best way to deal with the pandemic was by coming together, and not growing apart.
The company has secured orders worth Rs 669 crore for transmission and distribution projects in India, South Asian Association for Regional Cooperation (SAARC) countries, Middle East and the Americas, KEC International said in a regulatory filing.
In a video-conference of SAARC members on March 15, Prime Minister Modi proposed setting up a COVID-19 emergency fund with India committing $10 million initially for it, and asserted that the best way to deal with the pandemic was by coming together and not growing apart.