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Bangladesh and Nepal can collaborate to additional increase and diversify their relationship by growing financial partnerships, recommends International Secretary of Nepal Bharat Raj Paudyal.
He made the remark whereas talking at a programme organised by Nepal’s Institute of International Affairs on Wednesday (20 April).
The international secretary stated that commerce, power, tourism and journey, and connectivity are the important thing areas the place two nations can work collectively.
“At first is within the areas of commerce. Even when we commerce underneath the prevailing regional framework of SAFTA, the 2 nations do maintain the potential to extend the present quantity of commerce many fold supplied we rationalise our tariffs and restrict the non-tariff limitations to a minimal” he added.
Paudyal emphasised on the necessity for cooperation within the power sector saying that Nepal’s rivers have monumental potential to contribute to their clear and inexperienced power safety.
“This sector presents a brand new vista of sustainable and long-term useful collaboration between Nepal and Bangladesh,” he stated
He acknowledged a “promising potential in trilateral cooperation for cross-border power commerce between Nepal, Bangladesh, and India” for additional development and prosperity.
The Nepalese international secretary expressed gratitude to Bangladesh for offering a further route through Rohanpur-Singabad railway transit that will facilitate Nepal’s entry to Chittagong and Mongla Ports and assist increase regional and sub-regional commerce.
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