Pakistan proposes Saarc economic union
ARIF RANA
ISLAMABAD (July 05 2008): Pakistan has floated the idea of following European Union as a model to form Saarc Economic Union for promoting trade, investment and monetary union among its member countries.
Pakistan's official delegation, headed by a senior official of Finance Ministry, in a 2-day Saarc technical meeting held in Katmandu, Nepal from July 1, floated the idea of forming 'Saarc Economic Union' on European Union pattern.
Sources said the Katmandu Saarc meeting also approved Pakistan's proposal of including Saarc teachers programme in Saarc Development Fund (SDF). As per proposal, Pakistan will train teachers for providing quality education in all Saarc countries. It will also submit a paper to Saarc Secretariat in a month on cross-border investment.
The technical meeting also approved India's proposal of including child-mother health programme in SDF in which India would also provide maternity healthcare training to provide child-mother healthcare services among member countries. Katmandu meeting also assigned different projects to member countries for making things happen to turn the idea of forming Saarc Economic Union into a reality within the shortest possible period.
Pakistan has also been given the task to prepare strategy paper on corporate governance in public sector. India will be responsible to prepare a paper for harmonising the trade and investment laws for removing bottlenecks in regional trade and investment.
Pakistan had put up the idea of forming Saarc Economic Union for promotion of trade investment and bring the member countries closer at Saarc summit held in 2005. Since then it has been working closely with member countries for turning the idea into a reality.
The Saarc countries, including India, are on board on the proposed formation of Saarc Economic Union. The policy makers in Islamabad are convinced that Pakistan's proposal for following European Union as model floated in Katmandu for promotion of trade and investment would work up to the expectations of the member countries.
However, since it is a delicate issue which involves a number of serious subjects like customs union, monetary union and formation of a taxation mechanism, the policy makers in Islamabad believe that a journey to turn the idea into a reality for Saarc Economic Council would require a reasonable time. They are convinced that once Saarc Economic Union comes into existence it will be the best forum for ensuring a win-win situation for all member countries.
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Full Version: Pakistan Proposes Saarc Economic Union
This type of union is pure BS. Back then the situation was different, we had economic and political stability, today were lucky if the Rupee can manage to be kept at the exchange rate of 70-1 with the green back
Z.Bhutto was the first to come up with economic union and way ahead of everyone else. So economic regioanl union is a Pakistani idea and if we are to survive in this fast changing world we must implement it. Economic systems depend on circulation of money and goods so it will be good for us. But of course we must perfectly control it else we could economic slaves to larger economies.
QUOTE(Blank @ Jul 5 2008, 06:57 AM) 
Pakistan proposes Saarc economic union
ARIF RANA
ISLAMABAD (July 05 2008): Pakistan has floated the idea of following European Union as a model to form Saarc Economic Union for promoting trade, investment and monetary union among its member countries.
Pakistan's official delegation, headed by a senior official of Finance Ministry, in a 2-day Saarc technical meeting held in Katmandu, Nepal from July 1, floated the idea of forming 'Saarc Economic Union' on European Union pattern.
Sources said the Katmandu Saarc meeting also approved Pakistan's proposal of including Saarc teachers programme in Saarc Development Fund (SDF). As per proposal, Pakistan will train teachers for providing quality education in all Saarc countries. It will also submit a paper to Saarc Secretariat in a month on cross-border investment.
The technical meeting also approved India's proposal of including child-mother health programme in SDF in which India would also provide maternity healthcare training to provide child-mother healthcare services among member countries. Katmandu meeting also assigned different projects to member countries for making things happen to turn the idea of forming Saarc Economic Union into a reality within the shortest possible period.
Pakistan has also been given the task to prepare strategy paper on corporate governance in public sector. India will be responsible to prepare a paper for harmonising the trade and investment laws for removing bottlenecks in regional trade and investment.
Pakistan had put up the idea of forming Saarc Economic Union for promotion of trade investment and bring the member countries closer at Saarc summit held in 2005. Since then it has been working closely with member countries for turning the idea into a reality.
The Saarc countries, including India, are on board on the proposed formation of Saarc Economic Union. The policy makers in Islamabad are convinced that Pakistan's proposal for following European Union as model floated in Katmandu for promotion of trade and investment would work up to the expectations of the member countries.
However, since it is a delicate issue which involves a number of serious subjects like customs union, monetary union and formation of a taxation mechanism, the policy makers in Islamabad believe that a journey to turn the idea into a reality for Saarc Economic Council would require a reasonable time. They are convinced that once Saarc Economic Union comes into existence it will be the best forum for ensuring a win-win situation for all member countries.
Link
ARIF RANA
ISLAMABAD (July 05 2008): Pakistan has floated the idea of following European Union as a model to form Saarc Economic Union for promoting trade, investment and monetary union among its member countries.
Pakistan's official delegation, headed by a senior official of Finance Ministry, in a 2-day Saarc technical meeting held in Katmandu, Nepal from July 1, floated the idea of forming 'Saarc Economic Union' on European Union pattern.
Sources said the Katmandu Saarc meeting also approved Pakistan's proposal of including Saarc teachers programme in Saarc Development Fund (SDF). As per proposal, Pakistan will train teachers for providing quality education in all Saarc countries. It will also submit a paper to Saarc Secretariat in a month on cross-border investment.
The technical meeting also approved India's proposal of including child-mother health programme in SDF in which India would also provide maternity healthcare training to provide child-mother healthcare services among member countries. Katmandu meeting also assigned different projects to member countries for making things happen to turn the idea of forming Saarc Economic Union into a reality within the shortest possible period.
Pakistan has also been given the task to prepare strategy paper on corporate governance in public sector. India will be responsible to prepare a paper for harmonising the trade and investment laws for removing bottlenecks in regional trade and investment.
Pakistan had put up the idea of forming Saarc Economic Union for promotion of trade investment and bring the member countries closer at Saarc summit held in 2005. Since then it has been working closely with member countries for turning the idea into a reality.
The Saarc countries, including India, are on board on the proposed formation of Saarc Economic Union. The policy makers in Islamabad are convinced that Pakistan's proposal for following European Union as model floated in Katmandu for promotion of trade and investment would work up to the expectations of the member countries.
However, since it is a delicate issue which involves a number of serious subjects like customs union, monetary union and formation of a taxation mechanism, the policy makers in Islamabad believe that a journey to turn the idea into a reality for Saarc Economic Council would require a reasonable time. They are convinced that once Saarc Economic Union comes into existence it will be the best forum for ensuring a win-win situation for all member countries.
Link
QUOTE(saleemraja @ Jul 5 2008, 04:38 PM)
Z.Bhutto was the first to come up with economic union and way ahead of everyone else. So economic regioanl union is a Pakistani idea and if we are to survive in this fast changing world we must implement it. Economic systems depend on circulation of money and goods so it will be good for us. But of course we must perfectly control it else we could economic slaves to larger economies.
ZAB was one of the biggest morons and traitor this nation has seen. That evil genius nationalized the industry destroyed the economy of whatever was left of Pakistan, become the first civilian Martial Law Administrator on the planet. ZAB the Civilian Dictator rig the 77 election.........his daughter didnt turn out to be any better the only thing she was good at was swallowing jizz at Harvard & Oxford.70's & 90's were the shining example of ZAB and his children's economic prowess & now here we are again...............Nothing remind the story of Bani Israel so strongly than When I see people like you.
"Sumum bukmun Umyun Fahum la yurjiunn"
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