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Nepal-Thai Ties It is also quite notable that Mr. Sinawatra assured the Thai support to Nepal's desire to join as a full member BIMST-EC, where Nepal currently only has an observer status. So was his categorical expression of support that Thailand would be "happy" to support Nepal in joining the World Trade Organisation (WTO) for which Nepal is currently making preparations. This is a significant assurance in view of the fact that Dr. Supachai Panitchpakdi of Thailand is taking over the position of the director-general of WTO from September, 2002. No less significant was Mr. Sinawatra's stated desire to give a helping hand for peace and prosperity of Nepal in whichever way possible. This came following Mr. Deuba's mentioning how Nepal was fighting terrorism and had thanked the Thai government for the moral support provided to Nepal in this fight. But of immediate concern for Nepal vis-à-vis its ties with Thailand is the huge trade deficit in bilateral trade with that country. In the scheme of Nepal-Thailand cooperation, addressing this trade deficit must be a priority. Officials from both countries must sit together, as Mr. Sinawatra has suggested, to address this issue in the best interest of both the countries. Nepalese officials now must follow it up with an approach to the Thai government officials to discuss how the current balance of trade could be a more balanced one. Other Story |
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