Search

x
Join our whatsapp channel for News Updates

Islamabad Saarc Summit 2016 postponed after four member states pull out

06:36 PM | 28 Sep, 2016
Islamabad Saarc Summit 2016 postponed after four member states pull out
ISLAMABAD - The Saarc summit 2016 has been postponed after four out of eight members - India, Bangladesh, Afghanistan and Bhutan - pulled out of a regional summit of South Asian leaders in Pakistan.

The summit was due in November 2016 in Islamabad. The new date is yet to be announced.

Bangladesh, Afghanistan and Bhutan on Wednesday pulled out of a regional summit of South Asian leaders in Pakistan, a day after India said it would boycott the event over a militant attack on an army base in Uri, Occupied Kashmir.

The South Asian Association for Regional Cooperation (Saarc) summit cannot take place even if only one of the eight members withdraws.

Bangladesh on Wednesday said it has communicated its inability to attend the summit to current SAARC chair, Nepal.

India unleashes its attack dog on Pakistan: Bangladesh now spewing vitriol

In separate statements, Kabul and Thimpu also announced their decision to withdraw.

Pakistan’s foreign ministry called India’s move “unfortunate” and said it remained committed to peace and regional cooperation. In a statement, it accused India of meddling in Pakistan’s internal matters.

Current SAARC chair Nepal said it hoped the issues would be resolved but could not comment on whether the summit would go ahead.

“The host will take decisions regarding the summit,” said Jhabindra Aryal, joint secretary of Nepal's foreign ministry.

The leaders of the eight SAARC countries — which also include Sri Lanka, Nepal and the Maldives —expressed frustration after the last summit in Kathmandu with the slow pace of progress towards greater regional integration.

Daily Pakistan Global Web Desk

Advertisement

Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter