COVID-19 Emergency Fund for SAARC countries

Prime Minister Modi proposed creation of a COVID-19 Emergency Fund based on voluntary contributions from all the countries, with India making an initial offer of US $10 million for the fund. The fund can be used by any of the partner countries to meet the cost of immediate actions.

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He has interacted with the leaders of the SAARC countries through video conference to chart out a common strategy in order to combat COVID-19 in the region. The fund can be used by any of the partner countries to meet the cost of immediate actions. He informed that India is assembling a Rapid Response Team of doctors and specialists, along with testing kits and other equipment, which will be on stand-by, to be placed at the disposal of the countries, if required.

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