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SAARC officials agree to work on larger framework to boost intra-region trade

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NEW DELHI: Seven countries of South Asia on Wednesday agreed to look at ways and means to keep up trade flows within the region in a bid to counter the adverse impact that the covid-19 pandemic will have on regional commerce, a statement from the Indian foreign ministry said.

Trade and commerce officials of Afghanistan, Bhutan, Bangladesh, Maldives, Nepal and Sri Lanka besides India held talks over a video link to take stock of the situation following the outbreak of the pandemic that has caused countries to close borders, brought commercial passenger travel to a standstill, caused oil prices to crash and stock markets to plummet.

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