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South Asian, Southeast Asian leaders discuss closer ties

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A policeman directs traffic in Vientiane for an ASEAN meeting. (AFP pic)

KATHMANDU: Leaders of seven South Asian and Southeast Asian nations are meeting in Nepal to discuss regional trade, economic cooperation, security and peace.

The two-day summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation began Thursday in Kathmandu, Nepal’s capital. It groups Bangladesh, Bhutan, India, Nepal, Myanmar, Sri Lanka and Thailand.

The leaders are to discuss greater economic cooperation and sign an agreement for regional electricity connectivity that will open up energy trade among their countries.

“Connectivity is a key enabler for robust regional cooperation. It is the very foundation, in which the edifice of economic integration can stand upright,” Nepalese Prime Minister Khadga Prasad Oli said in opening the summit….

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