GoP pledges $3m to SAARC’s COVID-19 fund

By Staff Reporter
Friday – April 10, 2020
ISLAMABAD: The government of Pakistan (GOP), Thursday, pledged $3 million towards the South Asian Association for Regional Cooperation (SAARC) COVID-19 (coronavirus) emergency fund, to support regional efforts in the fight against the current pandemic.

According to an official statement, while communicating Pakistan’s decision to the SAARC secretariat, it has been conveyed that all proceeds of the fund should be administered by the SAARC secretariat and that the modalities for the fund’s utilisation should be finalised through consultations with the member states as per the SAARC charter.

Pakistan’s perspective in this regard was conveyed during a telephone conversation between foreign secretary Sohail Mahmood and SAARC secretary general Esala Ruwan Weerakoon, Thursday.

Being a founding member, Pakistan considers SAARC an important platform for regional cooperation.

Pakistan remains committed to the SAARC process and will continue working with the member states to strengthen regional cooperation.