Experts want BIMSTEC's focus on reducing climate change effects

08/22/2018

Kathmandu, Aug. 22: The foreign affairs experts and former diplomats have said one of the major focuses of the BIMSTEC could be the reduction of climate change effects.
During a discussion organized at Foreign Ministry today, former ambassadors and diplomats argued that time has come to link all members of the BIMSTEC through air, land and sea routes. It was essential for the promotion of trade.
Minister for Foreign Affairs Pradeep Kumar Gyawali said major agenda of the forthcoming fourth BIMSTEC summit would be the establishment of BIMSTEC development fund for the holistic development of the member states, formulation of charter, and the schemes to steer the member states towards peace, prosperity and sustainability with the elimination of poverty.
According to him, Nepal as the BIMSTEC Chair and the country hosting the event, has equally prioritized the finalization of the draft of the Kathmandu Declaration, making the organization effective and result oriented and expanding the areas of cooperation.
The 14 areas of cooperation of the BIMSTEC stated previously could be lessened and concentrated on alleviation of poverty, the Minister added.
BIMSTEC was established 22 years back consisting of the countries in the south and south east Asia- Nepal, Bangladesh, Bhutan, India, Myanmar, Sri Lanka and Thailand. RSS

Related News

Parliamentary committee directs govt to present casino regulations bill

Kathmandu, Sept 30: The Social Justice and Human Rights Committee under the Legislature-Parliament today has directed the government to bring the then enterpriser of Nepal Recreation Centre under the ambit of law. The centre was accused of not paying the tax to government and not providing the salary to the…

Essar-Rosneft deal not violative of sanctions: U.S.

WASHINGTON, Oct. 20: The United States does not see violation of any U.S.-EU sanctions in the recent deal between India’s Essar Oil and the Russian oil giant Rosneft, in which the Russian government has a majority stake. “I don’t think we see any violation of any U.S.-EU sanctions stemming from this…

Despite efforts, India moves up only one place on ease of doing business rankings

NEW DELHI, (INDIA), Oct. 26: India moved up only one position in the International Finance Corporation's (IFC) ease of doing business rankings, triggering a strong reaction from the Indian government which said the string of reform initiatives undertaken by it in the last one year had not been factored in by the World Bank arm. The…

Nepal eligible for MCC fund

Kathmandu, Nov. 5: Nepal has passed 16 out of 20 indicators on U.S. Millennium Challenge Corporation’s Scorecard, and thus become eligible for receiving MCC fund. The U.S. Government’s Millennium Challenge Corporation (MCC) released its fiscal year 2017 scorecards this week – a key component in the agency’s annual competitive selection…

Indian Rs. 500, Rs. 1000 currency notes to be out of circulation from midnight Tuesday

NEW DELHI, Nov. 9: Indian Five hundred and 1,000 rupee notes will cease to be legal tender from midnight on Tuesday, Prime Minister of India Narendra Modi announced in a surprise address to the nation. He said the decision was taken to root out the menace of black money and corruption.…

Pakistan won't be able to copy new notes: Intelligence agencies

NEW DELHI, Nov. 10: Intelligence agencies of India vetted the new denominations of Rs 2,000 and Rs 500 notes asserting that its security features will be next to impossible to replicate for Pakistan and organised criminal networks for some time to come.A top government official without going into the details,…

Video

Find Us on Facebook

From Social

Tokyo (Japan), Sept. 13: A new leadership assumed responsibilities at the Non Resident Nepalese Association (NRNA), Japan on Sunday. The new office bearers took oath of office and secrecy after a long fought battle resulting from dissatisfaction from those who…

Lama led officials assume responsibility in NRNA Japan