Kathmandu, April 18: Nepali Congress (NC) President Sher Bahadur Deuba has noted the need to simplify existing trade and transport policy to enable economic activities in Bangladesh, Bhutan, India and Nepal (BBIN).
Inaugurating a two-day conference on ‘Strengthening cooperation among BBIN countries’ organized by the Institute for Strategy and Socio-economic Research (ISSR) here on Monday, former Prime Minister Deuba highlighted the urgency of simplifying policy to avert hurdles in the trade system.
Stressing on the need to further leverage cooperation keeping in mind the economic size and level of development, he said the decisions of the sub-continent should be materialized towards addressing aspirations of the people.
Sharing that SAARC experience that the consensus based agreements have not been enforced well, he said the transport and inter-connectivity should be utilized in a multi-faceted way in the SAARC nations for the promotion of investment and security.
On the occasion, key note speaker Prof Dr Sabin Chaturbedi said that there are high potentials in advancing the development of the Asian region by optimally utilizing BBIN resources and means.
The economic bottlenecks prevailing in the four countries should be unlocked to cash the resources towards attaining prosperity, he stressed.
Bangladeshi Ambassador to Nepal Mashfee Binte Shams underlined the need of cooperation and collaboration with all sides concerned to take ahead BBIN countries which are under the poverty line.
ISSR Chairperson Prof Dr Biswombhar Pyakurel also echoed the importance of improved collaboration and coordination among the BBIN countries to elevate regional agenda of shared development.
Speaking on the occasion, Prof Dr Madan Dahal and Prof Dr Govinda Neupane opined that Nepal’s economic activities can be paced by connecting Nepal with BBIN through infrastructure, train and transport. RSS
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