Business Standard

PM Narendra Modi proposes SAARC fund to combat coronavirus outbreak

Modi suggested SAARC member nations should set up an emergency fund to combat COVID-19, and offered $10 million as India's initial contribution

Narendra Modi
Premium

SAARC, or South Asian Association for Regional Cooperation, has seven member states, but has mostly been dormant, especially over the past six years, because of differences between India and Pakistan

Archis Mohan New Delhi
Sharing details of India’s preparedness to prevent and contain the spread of novel coronavirus (COVID-19), Prime Minister Narendra Modi on Sunday told leaders of SAARC member countries that India recognised it was “still in an unknown situation” and “cannot predict how the situation will unfold”.
 
At a teleconference between the leaders of SAARC member nations on Sunday evening, called at Modi’s initiative, suggested greater cooperation within the grouping, including sharing of experiences and best practices by their respective health experts.
 
Sri Lanka President Gotabaya Rajapaksa, his Maldivian counterpart Ibrahim Mohamed Solih, and Bhutanese PM Lotay Tshering, all three

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in