This book traces economic and political issues through SAARC’s thirty-year journey. Topical and well-researched, this collection provides a comprehensive assessment of SAARC and provides policy directives for the future. The book points out the issues and constraints that have hindered regional cooperation in South Asia. It establishes that despite being democracies, there has been little effort by member nations to promote regional cooperation in the public domain. It stresses that in view of the increased role that countries wish to play in globalisation, economic cooperation is the way forward. The book further argues that political will is the pivot on which the prospect of regional cooperation revolves.
Chapter 10: Nepal's Policy Towards SAARC
Nepal's Policy Towards SAARC
The South Asian Association of Regional Countries is in its 30th year of inception, with Nepal holding the position of Secretary General for a term of three years. Although the country is engaged in writing its new constitution, the 18th SAARC Summit was successfully hosted in Kathmandu in November 2014. The Summit's emphasis was on ‘Deeper Integration for Peace and Prosperity’ in which the SAARC framework agreement for energy cooperation (electricity) was signed. While the member states emphasised regional cooperation in ‘trade, investment, finance, energy, security, infrastructure, connectivity and culture, and the implementation of projects, programmes and activities in a prioritised, result-oriented and time-bound manner’, the Summit was in the news more for its intent to ...