Published Date: Sep 26, 2012
5TH SOUTH ASIA ECONOMIC SUMMIT
Trade Insight, Sawtee, Nepal, Vol. 8. No. 03, 2012, PP 39,
SUSTAINABLE Development Policy Institute (SDPI) organized the 5th South Asia Economic Summit (SAES V) in Islamabad from 11-13 September 2012. SAWTEE was one of the co-organizers of the Summit. The theme of SAES V was making growth inclusive and sustainable in South Asia. The Summit is an annual event initiated in 2008 by a group of leading think tanks in South Asia working in the areas of trade, economics, climate change and sustainable development.
Participants of the Summit called for enhanced regional cooperation to address South Asia woes by building on the recent positive developments that have taken place in the region, mainly the improvement in the relationship between India and Pakistan.
Speaking as the chief guest of the concluding session, Foreign Minister of Pakistan Hina Rabbani Khar said that the solutions to the myriad problems plaguing the region can only come through confidence and trust among SAARC member states.
Referring to the recent improvement in Pakistan relations with India and Afghanistan mainly on the trade front, she reiterated Pakistan commitment to remove all bottlenecks to its trade with its neighbours, which would ultimately benefit the entire region. She expressed Pakistan commitment to address food insecurity and climate change through a regional approach.
The Summit brought together about 200 participants, including experts and academics, policy makers, private sector representatives, civil society representatives and media persons from all eight South Asian countries. The goal of the event was to provide inputs to the 18th SAARC Summit.