CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the vision of SASEC?
A
We transform Asia in 21st century
B
We change Asia in 21st century
C
We ring Asia in 21st century
D
We ruin Asia in 21st century
Explanation: 

Detailed explanation-1: -SASEC countries share a common vision of boosting intraregional trade and cooperation in South Asia, while also developing connectivity and trade with Southeast Asia through Myanmar, to the People’s Republic of China, and the global market.

Detailed explanation-2: -The South Asia Subregional Economic Cooperation (SASEC) program brings together Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, and Sri Lanka in a project-based partnership that aims to promote regional prosperity, improve economic opportunities, and build a better quality of life for the people of the subregion.

Detailed explanation-3: -South Asia Subregional Economic Cooperation Operational Plan 2016–2025. The SASEC Operational Plan for 2016-2025 expands the program’s focus beyond intraregional cooperation to developing linkages with Southeast and East Asia, widening the scope of transport, trade facilitation, and energy cooperation.

Detailed explanation-4: -SAARC is an economic and political regional organisation of countries in South Asia set up in 1985. It aims to accelerate the process of economic and social development in its member states through increased intra-regional cooperation.

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