Union Finance Minister Arun Jaitley will chair the South Asia Subregional Economic Cooperation (SASEC) Finance Ministers' meeting here on Monday.
The meeting to be held in Shahjehan Hall, Taj Palace Hotel, will be attended by the seven Finance Ministers from Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal and Sri Lanka besides officials from these countries and the Asian Development Bank (ADB).
As a part of the SASEC initiative, the member countries have come up with SASEC Vision for the economic growth of the sub-region, which will be launched by Jaitley during the meeting. It 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. Myanmar has joined the SASEC programme as its seventh member and will be officially welcomed during the event.
Shaktikanta Das, Secretary Department of Economic Affairs, Ministry of Finance of India, will deliver the welcome address at the event.
The Asian Development Bank (ADB) is supporting SASEC in this endeavor. The Vice President of ADB will also address the gathering on this occasion.