Summit preparations in final stage

  • 18th saarc meet
- POST REPORT, Kathmandu

Nov 1, 2014-

The preparations for the 18th Saarc Summit are in final stage. Foreign Ministry said on Saturday that only a few projects concerning road maintenance, city beautification and renovation await completion. The ministry has already completed the paper works for the Summit, which include preparations of deceleration statement, handbook for delegates and event accreditation for the delegates and press corps.

“Maintenance of road and renovation of City Hall, the Summit venue, and beautification inside the Singha Durbar are yet to be completed. Concerned officials told me that all these tasks will be completed within next 10 days,” said Foreign Minister Mahendra Bahadur Pandey.

He added that the government has also accomplished the preparations regarding transportation, logistics and accommodation for the Summit.

The ministry has already prepared a 32-point 18th Saarc Summit declaration. The 46th programming committee meeting which will sit on November 22 will review, update and adjust the declaration, said Minister Pandey.

At least four memorandums of understanding will be signed during the Summit. They are Saarc Vehicle Agreement that consists of cargo and passengers, Saarc Youth Charter for enhancing the capacity of youths from the region and their promotion, Rail Agreement for connecting all member states by rail network, and Saarc Energy Pact for better access to power and energy and expansion of common grid.  

An official said that India will propose setting up SAARC Development Bank where the eight member states will put certain pie as capital which will be invested in various sectors.

“We have not received the concrete proposal on the establishment of such bank, but we are hopeful that this proposal will land in the Summit,” the official said.

The advance teams from all member states are arriving within this week to inspect the preparations that is undergoing in Kathmandu that consists of security, protocol and other departments. Based on the recommendation of the advance teams, the heads of the state and government will decide if they will participate in the Summit.

Published: 02-11-2014 09:18

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