Saturday, April 26

Representative image

Representative image | Photo credit: Sasec website

In the context of mass cuts in the American agency for the financing of international development projects in southern Asia and the increasing presence of other Western development agencies, the approach is now changing to the regional and national development funds that are active.

Of the various funds that are active in the region, the Development Fund of the Regional Cooperation Association (SAARC) (SDF) of the Southern Asia Association (SAARC) that is sewing $ 1.5 billion in authorized funds and a total capital base is or specified is special or special or special or special special and special and special and special and special and special and special and special and special or special or special or special or special or special or special or special or special or special or special or special or special or special or special or special or special or special or special or special or special or special or special or special or special or special or special or special (Afghanistan, Bangladesh, Bután, India, Maldives, Nepal, Pakistan and Sri Lanka).

In this context, diplomatic sources and experts suggest that SDF should be more activities even though the SAARC as a regional organization has a summit with a summit for more than a decade.

The SDF was formed in 2005 after the development fund of southern Asia (SADF) was reconstituted in the SAARC Development Fund with the aim of serving as the “Financial Mechanism Umbrella” for all SAARC projects and programs and thus improving effectiveness. WHILE THE SDF HAS BEEN ACTICE IN A NUMBER OF PROJECTS, ITS OVERALL FOCUS HAS Under THE SCANNER FOR A NUMBER OF REASONS INDIA-PAKISTAN TENSION WHICH YOU HAVE CONTINUED THE THE JANUARY Hadfan to Afhan to Afhan to Afhan to Afhan to Afhan to Afhan to Afhan to Afhan to Afhan to Athemban to Afhan to Afhan to Afhan to Afhan to Afhan to Afhan a Afhan to Afhante Hadfan Toan. For operation. Diplomatic sources pointed out that despite the stagnation of the relationship of India-Pakistan within the SAARC and the unstable condition of Afghanistan, the capital base of the SDF has row intact with the possible doping.

The SDF under its ‘economic window’ has been the prioritization of agriculture, the services, science and technology sector and other “non -infrastructure” areas. However, experts suggest that, in the set of circumstances given, the SDF must expand its approach and bring infrastructure and connectivity projects under its scope.

Economist Achyut Wagle, who is the vice chancellor of the University of Katmandu, said The Hindu That the approach must be in the projects that contribute to the economic integration of the southern region of Asia. “The priority area of ​​the SAARC Development Fund can be intensified and extended even more to cover projects that will promote the objective of the economic integration of Asia del Sur, which is an ideal that has long been for the SAARC. This task can be achieved without even maintain It is at the start of the base of the development projects. South Asia.

A diplomatic source also argued that the SDF with its large resource base can play an equally important role in connectivity projects that will deepen the sense of regional connectivity.

Saarc has not celebrated a summit since its Katmandu summit in November 2014. The 2016 Summit in Islamabad was not a hero since India boycott the summit after Pakistan’s terrorist attacks aimed at Indian military positions. Subsequently, Bangladesh, Bután and Sri Lanka also retired from the summit.

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