Trade and commerce “magic wand” for achieving SAARC’s goals: President Yameen
20 Feb 2014, 4:39 PM
Trade and commerce is the “magic wand” for achieving the South Asian Association for Regional Cooperation’s (SAARC) goals of mutually beneficial cooperation, President Abdulla Yameen suggested this morning at the inauguration of the 35th session of the SAARC council of ministers.
In his speech at the council of foreign ministers hosted by the Maldives at Bandos Island Resort, President Yameen said that poverty, malnourishment, gender inequities, and access to safe drinking water and food were among some of the “collective challenges” faced by South Asian countries.
“If there is a magic wand to enable SAARC to achieve these goals, it is trade and commerce. Commerce unlocks the doors to each other’s countries, and cultivates closer ties of mutual understanding. Business transactions foster good neighbourly relations through the sharing of goods and values,” Yameen said.
“Trade and investment derive mutual benefits and improves the collective resilience of the region. Indeed, trade is the master key to turn poverty into prosperity.”
Become a member
Get full access to our archive and personalise your experience.
Already a member?
Discussion
No comments yet. Be the first to share your thoughts!
No comments yet. Be the first to join the conversation!
Join the Conversation
Sign in to share your thoughts under an alias and take part in the discussion. Independent journalism thrives on open, respectful debate — your voice matters.
