SAARC CCI and SAARC Development Fund to Co-finance Projects

5 June 2016

The South Asian Association for Regional Cooperation (SAARC) Development Fund (SDF) and SAARC Chamber of Commerce and Industry (CCI) have pledged to collaborate and co-finance projects under the SDF's social, economic and infrastructure windows to promote regional connectivity across the SAARC region, in a joint statement at the "South Asia: Shaping the New Paradigm or Growth" conference organized by SAARC CCI in Kaluatra, Sri Lanka.

According to Mr. Sunil Motiwal, SDF Chief Executive Officer, the SDF is ready to play an important role in boosting development among SAARC member countries by working with businesses in the region. Working together with the SAARC CCI would allow both institutions to strengthen cooperation in areas of transportation, infrastructure development, and investment and trade.

Mr. Suraj Vaidya, President, SAARC CCI also attended the conference.


Related Links:

Research on the impact of cross-border energy trade in Bhutan noted that the country’s electricity exports in 2020...

Read More


The Governments of Bangladesh and India are preparing to conduct comprehensive trial runs for the transshipment of cargo...

Read More


The potential of the Siliguri corridor and its surroundings to be developed as a logistics hub for India’s...

Read More


Bhutan’s Minister for Economic Affairs Loknath Sharma was in New Delhi, India, on 18–21 July 2022. He met...

Read More


The three industrial corridors of Andhra Pradesh, the Chennai - Bengaluru Industrial Corridor (CBIC), Visakhapatnam - Chennai Industrial...

Read More


The Governments of Bhutan and Nepal are expediting the process to sign the bilateral trade agreement. At the...

Read More


Nepal now sells a total of 364 megawatts (MW) of electricity to India through the...

Read More