Islamabad:
Pakistan and China are working on a proposal to establish a new regional organisation that could potentially replace the now-defunct South Asian Association for Regional Cooperation (SAARC), according to a media report on Monday.
Quoting diplomatic sources familiar with the development, the Express Tribune newspaper reported that talks between Islamabad and Beijing are now at an advanced stage as both sides are convinced that a new organisation is essential for regional integration and connectivity.
Citing sources, the paper said that this new organisation could potentially replace the regional bloc SAARC, which comprises India, Afghanistan, Bangladesh, Bhutan, the Maldives, Nepal, Pakistan and Sri Lanka.
A recent trilateral meeting between Pakistan, China and Bangladesh in Kunming, China, was part of those diplomatic manoeuvres, they said, adding that its goal was to invite other South Asian countries, which were part of SAARC, to join the new grouping
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