Muhith reaches Delhi to join Sasec Vision meet

Finance Minister AMA Muhith on Saturday reached New Delhi to participate in the South Asia Subregional Economic Cooperation Vision. Sasec Vision will be attended by finance ministers of different member countries including Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal and Sri Lanka on Monday. The finance ministers will endorse the Sasec Vision during the meeting. The meeting, to be organised by the India Department of Economic Affairs (DEA), Ministry of Finance, will be held at Hotel Taj Palace. It will be followed by a joint ministerial statement. The vision will provide the overarching framework and long-term strategy to support partnership among Sasec member countries, aligning their national level actions with regional initiatives to achieve common aspirations of sustained and inclusive growth. The Sasec Vision aims to create synergies among the member states under the Sasec Programme platform, said a Sasec statement. Sharing resources to feed latent industry demand, strengthening industrial networks by tapping individual country specialisations, and creating symbiotic trade relationships by linking trade routes with stronger gateways and hubs, in order to better access regional and global markets. Formulation of the Sases Vision document involved extensive country consultations and analytical work. Reflecting specific goals and action plans, the Sasec Vision will help realise a prosperous Sasec sub-region that will boost the Asian growth in the twenty-first century. Muhith left Dhaka at 10:10 am Saturday and is scheduled to return home Tuesday, said a finance ministry official.