INTERVIEW | SAARC had its days and we need to look beyond it: Sunil KC, Vice President NICCI, Nepal
New Indian ExpressThe SAARC has its days and we need to look beyond it. Meanwhile, Bangladesh- India- Nepal a trilateral initiative that could be a special vehicle to enhance the sub regional trade, transit and economic ties and most importantly it helps in bringing three countries together in the development of Hydropower Projects in Nepal as Nepal has a rich renewable energy hub. The resources must be harnessed through Government-to-Government Investments, Government and Private Sectors shall join hands together from all three countries under the Public Private Partnership Model. Through BIN, cross border electricity trade would be a game changer in our further relationship as both India and Bangladesh are a power-hungry nation and Nepal could be a net exporter of Renewable energy. Three countries must focus on connecting each other through Railways, Waterways and highways for the smooth functioning of people-to-people movement and for the cost-effective trade.