18th Saarc Summit begins in Kathmandu today
Kathmandu, Nov 26: The 18th Summit of the South Asian Association for Regional Cooperation (Saarc) is set to begin here on Wednesday. [Saarc: India calls for collective response to terrorism]
Heads of state or government from eight member countries besides repesentatives from nine observer states will attend the two-day event.
Nepalese Prime Minister Sushil Koirala will inaugurate the programme at the City Hall. Maldives will hand over the Saarc's chairmanship to Nepal and PM Koirala will assume role of the new chair of the regional organisation. [Look Around Policy is key for Saarc's future]
The Saarc has met only 18 times since 1985 when it was established
The eight member nations of the Saarc include, besides Nepal, India, Pakistan, Afghanistan, Sri Lanka, Maldives, Bhutan and Bangladesh. Heads of state or government of all the member states will address the opening session.
The
observers
include
the
US,
China,
Australia,
South
Korea,
Mauritius,
Myanmar,
Iran,
Japan
and
the
European
Union.
The
eight
leaders
will
meet
privately
during
a
retreat
on
Thursday.
The
concluding
session
will
also
be
held
at
the
City
Hall
on
Thursday
when
the
Kathmandu
Declaration
will
be
issued
and
some
regional
pacts
signed.
The Summit is also scheduled to consider reports of the meeting of the body's council of ministers that concluded on Tuesday and those of other ministerial talks held earlier.
The 18th Saarc Summit, themed "Deeper Integration for Peace and Prosperity", is likely to seal three regional deals, namely, agreement on motor vehicles, agreement on railway service and framework agreement on energy cooperation.
Under
the
motor
vehicles
agreement,
vehicles
will
be
able
to
ply
on
the
roads
of
member
states
on
a
reciprocal
basis
while
the
railway
agreement
will
open
for
railway
connectivity
in
the
region.
The
energy
cooperation
agreement
looks
at
trading
power
between
the
member
countries
and
setting
up
trans-boundary
power
grids.
Oneindia News