News
South Asia Finance Sector Unions Council Meeting
Published: 24 August 2009
Google translate:
Share this article: 
|
Stabilizing the Financial System in South Asia was the focus of the finance industry trade union leaders who met at the 3rd South Asia Finance Sector Unions Council [SAFSUC] in Colombo Sri Lanka. Impact of the global financial and economic crisis on South Asian region was discussed by Dr. Saman Kelegama, Executive Director of Institute of Policy Studies of Sri Lanka at the outset of the meeting. Dr. Kelegama made a presentation on the financial crisis taking the global and South Asian scenarios and enumerated on the challenges for South Asia. Jayasri Priyalal, Director for UNI Apro Finance Sector Activities explained the UNI Finance global unions responses to reform the financial system. He emphasized on the need of a socially oriented banking system and securing decent work for employees in the finance industry. Priyalal solicited the support of SAFSUC member unions to organize and recruit employees in new private banks and insurance companies in India. Federation of Bank Officers of Sri Lanka, Habib Bank Employees Federation of Pakistan new UNI finance affiliates were integrated in to SAFSUC at the meeting held on 15th August 2009 in Colombo Sri Lanka. SAFSUC meeting was held following a sub-regional training course on International Labor Standards and Framework Agreements implemented jointly by UNI Apro and FES in Colombo, Sri Lanka. Eight finance industry trade unions representing five SAARC countries attended the meeting. There were fourteen participants and fifteen observers for the meeting. SAFSUC members agreed to study the impact of the global financial crisis on the industry in the respective countries and share the information for further follow up. Governor Alavi Mowlana veteran trade union leader in Sri Lanka graced the occasion as the guest of honor at the closing of the training course on International Labor Standards and Framework Agreements. |
