Tuesday Feb 7, 2023
Tuesday Feb 7, 2023

Nepal underscores enhanced inter-regional trade, investment


Nepalnews
2021 Jul 16, 22:32, Kathmandu
File - Foreign Secretary at the Ministry of Foreign Affairs, Bharat Raj Paudyal, briefs about the death of 12 Nepalis in the Kabul suicide attack in Afghanistan, on Tuesday, June 21, 2016. Photo: RSS

Foreign Secretary Bharat Raj Paudyal stressed that the full potential of cooperation and connectivity through physical infrastructures as well as the soft aspects of linkages of trade and transit facilitation measures are important in central and south Asia.

Addressing the plenary session of the International Conference on Central and South Asia: Regional Connectivity, Challenges and Opportunities in Tashkent on Friday, Paudyal said the Central and South Asia regions are the home to a quarter of the world's population. He highlighted the historical connection between south and central Asia and stated that the two regions were at the centre of early human civilization interconnected by the vast and sophisticated network of trade and caravans that traversed through massive geographies facilitating not only the transfer of goods and merchandise but also the exchange of cultures and ideas, lessons and best practices.

“For the landlocked countries, connectivity is the top priority for smooth and cost-effective linkage to the world market. We should explore areas of cooperation to enhance inter-regional trade, improve physical connectivity and transit, better market access, and flow of investment and trade,” he mentioned.

The Foreign Secretary viewed that twin common challenges of Covid-19 and the climate change also make the reason for the central and south Asian regions to work together.

The conference was attended by Heads of State and Government, Foreign Ministers from over 27 countries, EU high representative for foreign and security affairs as well as heads of different UN agencies and international organizations. 

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inter-regional trade inter-regional investment Foreign Secretary Bharat Raj Paudyal physical infrastructures plenary session of the International Conference on Central and South Asia International Conference on Central and South Asia
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