3rd Nepal-Bangladesh Business Forum to be held in Kathmandu Mar 28

Staff Correspondent

25th March, 2019 11:26:21 printer

With hugely successful two previous edition of Nepal-Bangladesh Business Forum (NBBF), Institute of Diplomacy and International Affairs (AIDIA) in collaboration of Embassy of Bangladesh, is going to organise the 3rd Nepal-Bangladesh Business Forum in the theme ‘Navigating the Next Phase of Socioeconomic Transformation’ at Radisson Hotel, Lazimpat in Kathmandu on 28 March, 2019.

The 3rd NBBF will focus two major issues – strengthening media cooperation and expanding multimodal connectivity, said a press release. 

Sunil KC, CEO, Asian Institute of Diplomacy and International Affairs will give welcome address, Barsaman Pun, Minister for Energy, Water Resources and Irrigation, Nepal will be the chief guest, Barsaman Pun, Minister for Energy, Water Resources and Irrigation, Nepal will give inaugural speech at the seminar. Mashfee Binte Shams, Ambassador of Bangladesh to Nepal, will attend as special guest.

Narayan Wagle, Editor-in-Chief, Kantipur Daily, Enamul Hoque Chowdhury, Editor, Daily Sun, Bangladesh, Madan Lamsal, Chief Editor, New Business Magazine and Abhyan Daily will be the panellists of the seminar.

Sama Thapa, Associate Editor, AP1 Television will conduct the programme.

The Nepal-Bangladesh Business Forum (NBBF), a joint initiative of the Asian Institute of Diplomacy and International Affairs (AIDIA) and Embassy of the People’s Republic of Bangladesh, Nepal, to promote and strengthen bilateral economic cooperation between Nepal and Bangladesh.

In 2018, Committee for Development Policy (CDP) of UN had accepted the Nepal’s request to withhold its LDC graduation and declared Bangladesh eligibility to graduate from LDC for the first time.

Bangladesh had met all three criteria whereas Nepal only met the two criteria and still lagged far behind the UN's graduation threshold for GNI per capita.

Nepal can learn from the impressive economic growth of Bangladesh. In the context, it seems that both countries will graduate from LDC category in 2024, it is also imperative for both countries to share the respective strategies planning for graduation, smooth transition and tackling possible post-graduation challenges.

Moreover, media cooperation between Nepal and Bangladesh is vital  for fostering  trade and economic relations, strengthening transport and energy connectivity, promoting tourism, educational collaboration and people-to-people contact, enhancing bilateral cooperation in common platforms like SAARC, BIMSTEC, BBIN, exchanging the respective climate policy paradigms (CPPs) among others.

 The Rastriya Samachar Samiti (RSS) and Bangladesh Sangbad Sangstha (BSS) recently agreed for regular exchange of news and information to further the bilateral relations. Similar partnership amid the media houses of both countries should be promoted.  Importantly, interaction and exchanges of visit of the journalist from both side is paramount for in-depth and on-the-spot media coverage.

Geographically, Nepal and Bangladesh is separated by a 27-km-wide strip of Indian territory – the Siliguri Corridor. Enhancing connectivity through efficient transport infrastructure is essential to promote trade, investment, tourism and people-to-people contact. It seems that both the government have long acknowledged the fact and officially signed the Trade and Transit Agreement.  

The 3rd NBBF intends to hold the intense discourse involving policy makers and government officials, business executives, media practitioners, scholars, academics among others.