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SAARC DEVELOPMENT BANK
India extends $ 400 mn currency swap facility to Colombo to address economic slowdown"These positive developments illustrate active implementation of the leadership-level commitment to work together for addressing the challe...- Sri Lanka to seek $400 mn debt swap facility from RBI to meet short term financial needsSri Lanka will enter into the agreement with the RBI for a Bilateral Currency Swap Arrangement worth $400 million. The facility from RBI is...
- Strong political will imperative for poverty elimination in SAARC region: Amitabh KantNITI Aayog CEO Amitabh Kant said that it goes to the credit of the SDF to have completed six projects, with six more in the pipeline in the...
- Intra-SAARC group releases operation plans 2025SASEC OP is the program’s first comprehensive long-term plan to promote greater economic cooperation among members,” finance ministry said ...
- Some countries are hampering SAARC cooperation: MEA officialIn an apparent swipe at Pakistan, a senior foreign ministry official today said here that some small countries were scuttling New Delhi's e...
- SAARC to fast-track development of regional bank: NepalSouth Asian nations would fast-track the process of setting up of SAARC Development Bank to garner funds for development of infrastructure ...
- Narendra Modi government now wants a SAARC bankIt will be on the lines of the $100-billion New Development Bank (NDB) announced by the BRICS grouping of Brazil, Russia, India, China and ...
- India plans to set up South Asian bank for Funding infrastructure, tradeCommerce department has suggested that the bank be set up with whatever equity SAARC memebers put in
- Sri Lanka to benefit from RBI's $2 billion swap arrangementSri Lanka will benefit from the RBI's $ 2 billion swap arrangement aimed at strengthening regional cooperation.
- RBI to offer $2 bn swap arrangement to SAARC countriesRBI will offer a swap arrangement of $2 billion to all SAARC member countries to strengthen regional financial and economic ties.
- Financial services to be kept out of SAFTA talks: GovernmentGovt has decided to exclude financial services from the SAARC agreement on trade in services, following strong objection from RBI.
- Saarc: Exploding trade mythsIt is a myth that with tariff liberalisation, the relatively bigger countries of Safta will capture the smaller nations' markets.
- Indo-SAARC Trade: An Ocean Of OpportunitiesWith the major economic superpowers like USA, UK and Japan facing recession and collapse of major iconic banks, the world is now unanimous ...
- Fuel, food to dominate Aug Saarc meetThe food and fuel crisis will remain high on the agenda at the upcoming Saarc summit which is set to take place in Colombo in August.
- SAARC Summit agrees the Dev FundThe 14th summit also agreed to create a SAARC Food Bank & set up a SAARC Arbitration Council.
- India okays zero tariff access to SAARC nationsIndia announced that it will allow zero duty access to least developed countries of SA by the year end.
- Japan contributes $7-mn for SAARCJapan has contributed an additional USD 7 million to the 'SAARC-Japan Special Fund' for furthering social and cultural exchanges with South...
- India won’t mince words, to tell Saarc summit to actSAARC countries need to implement concrete infrastructure projects and remove trade barriers for greater economic integration, India will s...
- 'Pakistan will gain more from Safta'As India waits for the next Safta ministerial council to take up the issue of Pakistan violating the regional trade agreement, a study show...
- SCCI to lead biz delegates to Geneva next monthThe Saarc Chamber of Commerce and Industry will lead a delegation of business representatives from South Asia to the WTO headquarters in Ge...
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