KATHMANDU, Aug 2 - Prime Minister Girija Prasad Koirala underscored the need to eliminate poverty and unemployment by the SAARC countries in Colombo on Saturday.Speaking at the inaugural session of the 15th South Asian Association Regional Cooperation (SAARC) summit that kicked off at Colombo in Sri Lanka today, PM Koirala ...
...that the problem of poverty and unemployment can be eradicated if the SAARC countries focused on economic development.The octogenarian PM, who reached Colombo on Friday leading a 35-member delegation to attend the summit, pointed the need to make a joint effort by the SAARC members for the development of the region.PM Koirala also said that the energy problems of the region can be reduced if investments were increased in Nepal's hydropower sector.While stating that the swift political development in Nepal has overshadowed the economic development, Koirala opined that the entire South Asian region should be made an economic centre.Koirala stated that King Gyanendra himself assisted in the establishment of a republican setup in Nepal.He added that Nepal has already elected the new President after the historical Constituent Assembly (CA) election and a new consensus government would be formed at the earliest.
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