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WB's South Asia Regional Management Team arrives in Kathmandu


By Biz Correspondent on November 05,2007
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Over 65 senior managers and staff from the World Bank (WB) have arrived in Kathmandu to participate in a series of meetings, starting tomorrow, around new and emerging issues in Nepal and South Asia, a press release issued Monday by the WB said.

“Nepal was chosen for this year’s meetings to signal the Bank’s strong commitment to continue working with Nepal and to maintain a focus on development even during these politically challenging times,” said Susan Goldmark, World Bank Country Director for Nepal.

“It is a demonstration of our solidarity with the Nepali people and our way of saying that we stand with Nepal as it embarks on an ambitious agenda of nation-building,” she said.

The South Asia Regional Management Team of the WB meets once a year in one of the South Asian countries.

The theme of the meeting this year is “Beyond the Nation State” and, on the first two days, will involve discussions on regional cooperation in the areas of water, trade and investment, transport, climate change, and institutions of regional collaboration.   Another set of discussions will be around the theme of opportunities and constraints for sub-national governments across South Asia, the release said.

A number of prominent external speakers are expected to contribute to the richness of these discussions.

The Bank’s Regional Management Team meetings in South Asia are usually held over two days.  But a third day has been added this time for discussions exclusively focused on Nepal.  Representatives of the political parties, senior government officials and Kathmandu based representatives of the international development community will join these discussions.

The WB has designated December 6, 2007 as “Nepal Day” at its Board of Executive Directors in Washington D.C., to discuss the country situation as well as a proposed package of new grant investments.


 


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