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 Kathmandu Friday November 09, 2001 Kartik   24,  2058.


Nepal to raise economic  issues at UN meet

Post Report

KATHMANDU, Nov 8 – Following the unprecedented terrorist attacks in the United States on September 1 that left over five thousand dead, ‘terrorism’ is likely to feature as the main agenda of the protracted meet of the UN General Assembly that begins Saturday in New York.

Finance Minister Dr Ram Sharan Mahat made the above statement while talking to mediamen before leaving Kathmandu for New York to take part at the meet in the Tribhuban International Airport here today.

"Terrorism in developing and least developed countries is not uncommon and Nepal is no
exception. Following the history’s worse terrorist attack in the US recently, the UN General Assembly is likely to do some serious talking over it," Dr Mahat said.

Furthermore, Nepal would lay special emphasis on human rights, disarmament, protection of children and women empowerment, he said.

"Though terrorism is likely to be the main agenda that Nepal too would be pursuing, others matters of economic concerns would also be raised," said Dr Mahat, whose thrust probably would be to cushion the challenges of Nepal’s accession to the global rules based trading system.

Among others, Dr Mahat said that Nepal would, at the UN meet, press the developed countries for debt cancellation. "The developed economies have waived debts of the Highly Indebted and Poor Countries (HIPC). We would request the developed countries to grant the same facility to Nepal," he said.

"Because Nepal is faring comparatively better in debt management doesn’t mean that it is not entitled to such a facility. The existing bottlenecks in development endeavours is making it difficult for Nepal to service debts," said FM Mahat.

Other areas where Nepal would lay emphasis on are duty free access to markets of the developed countries to products from poor countries like Nepal, increase in the Official Development Assistance, among others.

FM Mahat, on his return back, is also scheduled to visit Finland and Norway. He informed journalists that issues of bilateral concerns with each country would be discussed. "The effort during the visit would be to attract investment in the various viable sectors in Nepal," he said, adding, "Other areas of cooperation would also be explored." FM Mahat at the sidelines of the meet is also scheduled to meet officials of South Asian Association for Regional Cooperation, European Union and Association for South East Asian Nations.


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