You are here: Home » News-ANI » International » World
Business Standard

Track 2 diplomacy in Nepal to discuss ways to prevent Pak roadblock to SAARC trade

ANI  |  Kathmandu 

South Asian nations holding a Track 2 diplomacy meeting in Nepal will discuss ways to prevent Pakistan from becoming a roadblock for the regional trade, specifically for India.

The South Asian countries, mainly SAARC nations, are holding a two day Track 2 Diplomacy meeting in Kathmandu which kicks off on Friday.

During the meet, security and economic issues of the South Asian region will be discussed by the participating members.

According to the sources participating in the diplomacy meet, SAARC nations would discuss on ways to not allow Pakistan become a hurdle for South Asian trade, specifically for India as Islamabad has already created a huge roadblock and prevented the establishment of direct connectivity between New Delhi and Afghanistan.

Despite having potential, the trade in the South Asian region is affected due to security issues like terrorism.

Track 2 will also put effort to bring along Pakistan for the development process, if it is willing to do so. Else, they will figure out ways to make sure that Islamabad does not become a roadblock for others.

India will also take part in the Track 2 meet, which is being coordinated by the European Organisation FES.

The meet is important for India to boost its trade lines with other South Asian countries considering the constant road blocks created by Pakistan.

India holds 90 percent of the total economy of South Asia and has the potential to lead the region in terms of economy.

Indian Council for Research on International Economic Relation will put forward some points tomorrow in Kathmandu, to explore solutions of economic and security issues.

SAARC nations will also discuss security and economic challenges and propose solutions for the same.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, July 15 2016. 16:57 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU