Saturday, December 30, 2023

Regional forums will be helpful to project national interests: FM Saud

Kathmandu, Dec. 28

Meaningful affiliation with the regional organisations will be helpful for Nepal to face the challenges it is facing as a landlocked and an underdeveloped country, said Minister for Foreign Affairs NP Saud.

Speaking at a programme organised by the Policy Research Institute (PRI) on the BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) on Thursday in Kathmandu, he stated that Nepal's foreign policy is to promote national interests through the regional forums.

The PRI organised the programme upon the request of the Ministry of Foreign Affairs.

"Accordingly, Nepal has been active in enhancing mutual cooperation in the economic, social and cultural fields by means of organisations in the Asia region such as the South Asian Association for Regional Cooperation (SAARC), BIMSTEC and Asian Cooperation Dialogue," said FM Saud, adding that Nepal has been giving importance to the BIMSTEC region which connects the countries of South Asia and South East Asia.

It's been 26 years since the establishment of the BIMSTEC. During the initial stage, the forum was used as a movement of cooperation in the areas of mutual interest of the member countries, said FM Saud.

The legal, institutional and policy structures are in the process of being prepared after the discussions held during the fourth summit of BIMSTEC held in Kathmandu in 2018.

The areas of BIMSTEC cooperation have been restructured into seven sectors of cooperation, with each member country taking a leading role in one area. Out of the restructured areas like trade and investment, agriculture, tourism, climate change, security, science and technology, people-to-people relations, Nepal is leading the people-to-people relations sector.

FM Saud said that he participated in the BIMSTEC Foreign Ministerial Retreat held in Bangkok, Thailand in July this year. On that occasion, the foreign ministers of the seven BIMSTEC member countries collectively expressed their commitment to develop BIMSTEC as a strong organisation.

"In order to further strengthen and institutionalize BIMSTEC, an Eminent Persons' Group (EPG) of nine eminent persons has been formed to offer suggestions regarding the course of action to be taken by the BIMSTEC in the future to make cooperation and collaboration more effective," he said.

The suggestions of the EPG are expected to make BIMSTEC more dynamic, result-oriented and effective. 

 Published in The Rising Nepal daily on 29 December 2023.  

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