A video conference of senior trade officials of all SAARC countries was held yesterday to discuss the impact of travel restrictions and the larger Covid-19 situation on intra-regional trade. This was a follow up action of the announcement made by Prime Minister Narendra Modi at the Video Conference of SAARC Leaders on 15th of March.
External Affairs Ministry said in a release that all SAARC countries, except Pakistan, participated in the video conference. All countries contributed actively to the discussions on a wide-ranging trade related agenda. It was recognized that the Covid-19 pandemic is likely to have a considerable adverse impact on trade in the SAARC region. It was stressed that new ways and means be jointly identified to sustain and expand the intra-regional trade until the normal trade channels are fully restored. The need to maintain essential trade within the SAARC region was viewed as an important thrust area.
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