Pakistan pledges $3 million to SAARC’s coronavirus fund

Sun Online Desk

10th April, 2020 02:59:44 printer

Pakistan pledges $3 million to SAARC’s coronavirus fund


Pakistan pledges $3 million to SAARC’s coronavirus fund regional efforts in the fight against Coronavirus.

While communicating Pakistan’s decision to the SAARC Secretariat, it has been conveyed that all proceeds of the Fund should be administered by the SAARC Secretariat and that the modalities for the Fund’s utilization should be finalized through consultations with the Member States as per the SAARC Charter.

Pakistan’s perspective in this regard was also conveyed during a telephone conversation between Foreign Secretary Sohail Mahmood and Secretary General SAARC Esala Ruwan Weerakoon, today.

Meanwhile, as follow up action of the announcement made by Prime Minister Narendra Modi at the video conference of SAARC Leaders on March 15, 2020, a video conference of senior trade officials, inviting all SAARC countries, was held on Wednesday to discuss the impact of travel restrictions and the larger Covid-19 situation on intra-regional trade.

All SAARC countries, except Pakistan, participated in the video conference.