South Asia Economic Conclave (SAEC) as a joint initiative by the Confederation of Indian Industry (CII), World Bank Group, national chambers of commerce of member countries and similar association was held on 28 – 30 September 2015 in New Delhi, India.
The objective of this forum was to stimulate informed dialogue between the private sector and governments to promote regional trade and investment, which would in turn help catalyze higher growth and new job opportunities for all countries in South Asia.
ACCI extended its fully support to CCI in organizing SAEC and introduced representatives from Afghan government and private sector to attend the panel discussions and share out their commitments, experiences and proposals toward the deeper regional economic integration in South Asia.
Afghan delegation led by Mr. Abdul Qadir Bahman, Deputy CEO of ACCI and in composition of Mr. Abdul Wassay Haqiqi, Senior Advisor to ACCI, Mrs. Habiba Sadeqi, President of Peace Through Business Network (a Female Entrepreneurs Association), Mr. Zabihullah Ziarmal, CEO of CEFE Group, Mr. Lutfullah Najafizada, Director in Tolo News attended the SAEC.
South Asia is one of the least integrated regions of the world. The efforts to build an effective economic cooperation model have been going on ever since the establishment of SAARC in 1985. However, in recent years there has been a greater emphasis on achieving the deeper regional economic integration. Both the governments and businesses in South Asia have started recognizing the benefits of greater economic cooperation in the region, especially in light of the global slowdown. They are trying to improve their business environments, facilitate cross-border trade and regional economic relations. The most noteworthy development is the rising interest of the private sector, which was never so strong and explicit.
To find out more about SAEC, please visit www.saec.in.