Xth South Asia Economic Summit begins at Kathmandu
Xth South Asia Economic Summit (SAES) started at Kathmandu Tuesday evening. The theme of 3 day summit is “Deepening Economic Integration for Inclusive and Sustainable Development in South Asia”.
More than 200 participants including ministers, members of parliaments, ambassadors, government officials, eminent experts and thinkers attending the summit.
Inaugurating the summit Finance Minister of Nepal Gyanendra Bahadur Karki stressed upon deeper economic integration among south Asian countries. He said that there is a huge potential for development in south Asia and if its resources properly utilized the entire region will be benefited.
Minister for Economic Affairs of Bhutan Lyonpo Lekey Dorji and Minister of State for Economic Development of Maldives Abdul Latheef Mohamed also stressed upon greater economic unity and support among south Asian nations.
There will be 18 sessions and delegates will have extensive deliberations on wide range of issues including trade, investment, energy, connectivity, employment, climate change and disaster management.
The summit is being jointly organised by National Planning Commission and Ministry of Commerce of Nepal in association with South Asia Watch on Trade, Economics and Environment, Nepal.Started in 2008, South Asia Economic Summit is like Davos- World Economic Forum event in South Asia.
It brings together stakeholders from the government, private sector, research, academics and civil society to generate innovative and actionable ideas for consideration by the region’s policymakers and SAARC.