The seven-member country of the South Asia Subregional Economic Cooperation (SASEC) has launched the SASEC Vision, a new strategic roadmap to guide the subregion’s development through 2025, at the SASEC Finance Ministers’ Meeting in New Delhi, India, from 3 to 4 April 2017.
The SASEC Vision is designed to transform the subregion by unlocking the potential of its natural resources, industry, and infrastructure through greater integration between member countries.
SASEC Vision will help realize a prosperous SASEC subregion that will power Asian growth in the 21st century.
Acting Permanent Secretary of the Ministry of Finance and Treasury Mr. Ahmed Mazin attended the meeting, on behalf of the Minister of Finance and Treasury. The meeting was hosted by the finance Minister of India, Mr.Arun Jaitly. Member countries of the SASEC countries are Bangladesh, Bhutan, the Maldives, Myanmar, Nepal, Sri Lanka and India.
In addition to the Ministry of Finance and Treasury, senior officials from the Ministry of Housing and Infrastructure, Ministry of Economic Development and Maldives Customs Service represented the Maldives at the meeting.
Maldives joined SASEC as a member in 2014.The other member countries of SASEC are Bangladesh, Bhutan, India, Myanmar, Nepal and Srilanka.