Tuesday, March 13, 2018

SAARC business leaders summit in capital soon



Kathmandu, March11:
 The Sixth SAARC Business Leaders Conclave (SBLC) is scheduled to be held in Nepal on March 16-18. 

The conclave was initially designed to be organised in Pakistan, but Nepal is holding it this year as it couldn't be organised in Pakistan due to various reasons, said Suraj Vaidya, President of the SAARC Chamber of Commerce and Industry. 

The summit will be inaugurated by Prime Minister KP Sharma Oli. 

The three-day regional summit, being organised by the SAARC CCI, will deliberate on various economic, business and regional issues such as common growth of SAARC region, trade and investment promotion, economic and political crisis, role of SAARC in the world economy, successes in energy and cooperatives in the region and action plan for the future. 

There will be seven different parallel panel discussions in the second day of the conclave and five panel discussions on the third day. The last session will feature the commerce ministers of the SAARC member countries. 

"More than 50 reputed speakers will participate in the conclave and more than 200 SAARC countries' representatives, private sector, academia and communication sectors will attend it," said Om Rajbhandari, vice-president of the SAARC CCI.

This is the second time the Himalayan nation is welcoming the regional business leaders after 2011.
Vaidya said that Nepal should harness as much benefit from the conference as possible.

According to him, though the common people and businessmen of the south Asian region have expected a lot from this regional body, it has underperformed because of political tensions.

Joint-Secretary at the Ministry of Commerce, Supply and Industry Rabi Shankar Sainju assured government support to private sector activities and said that the conclave would be a platform for Nepal to update regional businessmen and investors about Nepal's changed status and new investment policies. 

Published in The Rising Nepal on 12 March 2018. 

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