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The South Asian Association for Regional Cooperation (Saarc) has instituted an award to honour individuals and organisations of the region.
The Saarc award 2005 will be conferred at the 14th Saarc summit to be held in India some time this year. The award carries a cash prize of 25,000 dollars, besides citation and a gold medal.
Saarc secretariat in Kathmandu has invited nominations for the award which aims at honouring individuals and organisations based in South Asia for their exemplary work to promote peace, understanding, friendship and development in the region.
THE OBJECTIVE OF THE AWARD IS:
-- To encourage individuals and organisations in South Asia, contributing to the improvement of the condition of women and children.
-- To honour outstanding contributions and achievements of individuals and organisations within the region in the fields of peace, development, poverty alleviation, environment projection and regional co-operation making the Saarc award the most valuable prize in the region.
-- To encourage individuals and organisations based in South Asia to undertake programmes and activities complementing the efforts of Saarc.
-- To honour any outstanding achievements, not covered above, of individuals and organisations in the region.

Copyright Business Recorder, 2006

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