BIMSTEC summit concludes; Prachanda calls for int'l investment in Nepal's hydro-power sector.Byline: ANI New Delhi New Delhi (dĕl`ē), city (1991 pop. 294,149), capital of India and of Delhi state, N central India, on the right bank of the Yamuna River. , Nov 14 (ANI): The second summit of Bay of Bengal Noun 1. Bay of Bengal - an arm of the Indian Ocean to the east of India Andaman Sea - part of the Bay of Bengal to the west of the Malay Peninsula Indian Ocean - the 3rd largest ocean; bounded by Africa on the west, Asia on the north, Australia on the east Initiative for Multi-Sectoral Scientific, Technical and Economic Cooperation (BIMSTEC) concluded here on Thursday with the member states recognising a range of areas of mutual cooperation including economic development, climate change and combating international terrorism, transnational crime. Addressing the summit here, Nepal Prime Minister Prachanda said that Nepal is ready to host an international conference on poverty reduction to address such regional development challenges. " Nepal has immense hydro-power potential, and he invited investments from interested countries to tap its benefits. Nepal's peace process has proved to be an example for the whole world," he added Earlier, Prachanda met Sri Lankan president Mahinda Rajapaksa and discussed issues of bilateral interests. During the meeting, the Sri Lankan president expressed willingness to extend cooperation to the Lumbini Development Programme apart from increasing bilateral trade and establishing direct air-link between the two countries. According to sources, Prachanda also invited Rajapaksa to come on a visit of Nepal. (ANI) Copyright 2008 Asian News International The Asian News International (ANI) agency provides multimedia news to China and 50 bureaus in India. It covers virtually all of South Asia since its foundation and presently claims, on its official website, to be the leading South Asia-wide news agency. (ANI) - All Rights Reserved. Provided by Syndigate.info an Albawaba.com company |
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