Areas of Cooperation

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SCCI

 

In December 1992, SAARC Chamber of Commerce and Industry (SCCI) was recognized by SAARC as a Regional Apex Body.

In October 1993, Mr. S.M. Inam of Pakistan was elected as the first President of the SCCI.

In February 1994, SCCI was formally inaugurated in Dhaka by the Prime Minister of Bangladesh.

The  headquarter of the SCCI was later set up in the premises of FPCCI in Karachi.

In December 1997, the SCCI Headquarter was shifted to Islamabad.

Mr. Salman F Rahman of Bangladesh, Mr. Kantikumar R Podar of India and Mr. Qasim Ibrahim of Maldives, Mr. Padma Jyoti of Nepal, Mr. Deshbandu Macky Hashim of Sri Lanka, Mr. Dasho Ugen Tshup Dorji of Bhutan, Mr. Tariq Sayeed of Pakistan  have so far been President of the SAARC Chamber of Commerce and Industry. The present President is Mr. Annisul Huq of Bangladesh.

The General Assembly of SCCI consists of 128 members having 16 members nominated by each National Body, including the 9 on the Executive Committee as provided for hereinafter in the Article 16(a). 

The Executive Committee of SCCI consists of up to 72 members. Each National Body shall have the right to nominate 8 members, including one Vice President and two Associate Members; President of the National Body shall be the ex-officio member of the Executive Committee.

The Twelfth Meeting of the Committee on Economic Cooperation (CEC) held in Islamabad on 20-21 November 2004 had directed that the SCCI consider evolving a suitable mechanism for making it more representative of all important Chambers of Commerce and Confederations of Industries of SAARC Member States.

The SCCI consists of the following national federations and chambers of commerce and industry as 

  1. Afghanistan Chamber of Commerce and Industry (ACCI)
  2. Federation of Bangladesh Chambers of Commerce & Industry (FBCCI)
  3. Bhutan Chamber of Commerce & Industry (BCCI)
  4. Federation of Indian Chambers of Commerce & Industry (FICCI)
  5. Maldives National Chamber of Commerce & Industry (MNCCI)
  6. Federation of Nepalese Chambers of Commerce & Industry (FNCCI)
  7. Federation of Pakistan Chambers of Commerce & Industry (FPCCI)
  8. Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL)

Objectives:

The objectives of the "SAARC Chamber" are:

  1. To encourage Trade, Service, Industry, Small & Medium Enterprise, Agriculture, Intra-Regional through creating strong business linkages amongst the entrepreneurs of the region of South Asia
  2. To make recommendations to safeguard the economic and business interests of the SAARC
  3. To serve as a consultative body of the Private Sector of the region to provide input/ feed back on regional economic issues
  4. To encourage Member Countries to accord preferential terms of trade to each other and finally strive towards the gradual realization of the SAARC Economic and Monetary Union.
  5. To promote the exchange of commercial, technical, industrial management and scientific information, education and know-how amongst its members
  6. To collate, collect and disseminate statistical data and joint research and development among the SAARC Member Countries.

Focused Areas:

The thrust areas for the SAARC CCI can be divided in to five major areas:

  1. Awareness building on key economic issues i.e. trade facilitation, NTBs, TBTs, Harmonization of Customs Procedures, intra-regional investment and such others pertaining to promote economic cooperation at the regional level
  2. Develop global linkages as a part of its outreach strategy
  3. Provide services to its members and representatives of the private sector
  4. Work closely with governments, NGOs, CSOs to raise the concern on socio-economic issues
  5. Develop an institutional framework for supporting economic cooperation