SASEC Operational Plan
Q. SASEC Operational Plan is for- Published on 30 Sep 16a. 2015-2024
b. 2016-2020
c. 2016-2025
d. 2015-2019
ANSWER: 2016-2025
- The six (6) member countries of the South Asia Sub-regional Economic Cooperation (SASEC) program—Bangladesh, Bhutan, India, Maldives, Nepal, and Sri Lanka— released , the SASEC Operational Plan (OP) 2016-2025.
- The SASEC OP is the program’s first comprehensive long-term plan to promote greater economic cooperation among the member countries.
- Established in 2001, the SASEC program is a project-based partnership to promote regional prosperity by improving cross-border connectivity, boosting trade among member countries, and strengthening regional economic cooperation.
- The Asian Development Bank (ADB) is the secretariat and lead financier of the SASEC program.