PM-proposed SAARC emergency fund to combat coronavirus operationalised: MEA

The SAARC nations vowed on Sunday to jointly combat the coronavirus as Modi proposed an emergency fund with an initial offer of USD 10 million from India. Prime minister Modi made a series of suggestions that were hailed by the South Asian Associa...

PTI
New Delhi: The Ministry of External Affairs (MEA) on Thursday said "very fast" movement was being made on Prime Minister Narendra Modi's proposals put forward during a SAARC nations' video-conference on coronavirus, with the emergency fund to combat the pandemic in the region already operationalised.

The SAARC nations vowed on Sunday to jointly combat the coronavirus as Modi proposed an emergency fund with an initial offer of USD 10 million from India.

The prime minister made a series of suggestions that were hailed by the South Asian Association for Regional Cooperation (SAARC) leaders and representatives.


"I can announce that we are moving very fast on most of those proposals and announcements. On the emergency fund, it is already up and running. We have received many requests from other SAARC countries for assistance in the form of masks, shoe covers, gloves, disinfectants and other items," MEA Spokesperson Raveesh Kumar said.

"The quantum of assistance, which has been requested (from India) so far, has crossed USD 1 million. Supplies to Bhutan and the Maldives have been dispatched. Requests from other SAARC countries are under various stages of process," he added.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Politics › PM-proposed SAARC emergency fund to combat coronavirus operationalised: MEA
Text Size:AAA
Success
This article has been saved

*

+