India first announced to provide $10 million to the fund and subsequently Nepal and Afghanistan promised $1 million each and the Maldives and Bhutan committed $200,000 and 100,000 respectively.
Modi took to Twitter to thank leaders of the two countries for their contribution
MEA Spokesperson Raveesh Kumar said Prime Minister Narendra Modi had called for the SAARC nations' video-conference to formulate a joint strategy to combat the coronavirus
Former FM says markets have taken a dim view of the 'virtually coerced investment by SBI and private sector banks in the equity of failed YES Bank'
PM proposed the creation of an emergency fund to combat the pandemic and pitched India's initial offer of $10 million
Modi suggested SAARC member nations should set up an emergency fund to combat COVID-19, and offered $10 million as India's initial contribution
Senior Congress leader Abhishek Singhvi slammed Pakistan on Sunday for raising the Kashmir issue during the SAARC nations' video-conference on coronavirus, saying the country deserved to be "quarantined" by the global community. Pakistan used the SAARC nations' video-conference on coronavirus on Sunday to raise the Kashmir issue, with the country's State Minister of Health Zafar Mirza calling for an immediate lifting of the "lockdown" there to allow virus containment measures. "Pakistan can't stoop lower than this. During a humongous humanitarian crisis, it sends a junior minister for SAARC meeting of heads of state. Then raises Kashmir issue in the meeting out of nowhere. Pity," Singhvi said in a tweet. The neighbouring country deserved to be "quarantined" by the global community, he added. Congress spokesperson Jaiveer Shergill tweeted, saying, "Pakistan raising Kashmir issue during 'SAARC fights Corona' meeting reflects their 'petty, poor & pathetic' standard of governance ...
Modi asserted that it was important for the SAARC member countries to work together and said the region can best respond to the coronavirus pandemic by "coming together, not growing apart"
Ministry of External Affairs Spokesperson Raveesh Kumar confirmed in a tweet that Modi will lead India at the video-conference
South Asia, which is home to a significant number of the global population, should leave no stone unturned to ensure that the people are healthy, he said
To mark the occasion, the EC has organised an international conference on the theme Strengthening Institutional Capacity'
His remarks come following India and Pakistan blaming each other over the lack of cooperation and coordination among the SAARC member states earlier this monTH
Khan said Pakistan was a firm believer in the strength and potential of regional cooperation for individual, national and regional development
Elimination of terrorism in all its forms is a precondition not only for fruitful cooperation, but also for the very survival of the region itself, Jaishankar said
SAARC member-states have previously said they view the strained relations between India and Pakistan as one of the reasons for the little progress achieved by the geopolitical grouping in recent years
The two-day conference was organised with a view to rope in top institutions like the World Bank, Asian Development Bank and the Asian Infrastructure Investment Bank
The summit was called off after Bangladesh, Bhutan and Afghanistan also declined to participate. There has been no progress since then
The participants raised host of issues, including connectivity between people to people as well as for goods and services and called for a single integrated market force for the region
Says as 'one country' is not connected to the other members of SAARC on the key issue of terrorism
The matter relating to rescheduling the next SAARC summit will come up during the meeting